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EU Parliament calls for European strategy on geothermal energy
A resolution adopted by EU lawmakers calls for a European strategy to accelerate the deployment and investment in geothermal energy.
read more... 23/01/2024
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Fortum considers Nordic sites for new nuclear power
Finnish utility Fortum, opens new tab is looking at several potential sites in Finland and Sweden to build nuclear power plants with small or large-scale reactors, it said on Monday.
read more... 23/01/2024
Daily (22.01.2024): European carbon prices rose by 1% on Friday amid the strongest auction result in five months
Oil prices retreated marginally on Friday as the market downplayed the impact of Houthi rebel attacks in the Red Sea. Diminishing expectations of interest rate cuts lent further bearish pressure to the oil market. Consequently, Brent crude ended at $78.56, while WTI crude settled at $73.41 per barrel.
read more... 22/01/2024
Estonia plans small nuclear reactor to quit shale oil by 2030
Estonia plans to build a small modular reactor (SMR) to wean itself off the addiction to polluting shale oil and meet its target of producing 100% decarbonised electricity by 2030. A vote in Parliament is expected “in the first half of 2024,” officials say.
read more... 22/01/2024
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Ukraine, Moldova, Slovakia join ‘Vertical Corridor’ European gas transportation scheme
Ukraine, Moldova and Slovakia on Friday (19 January) joined an initiative for a planned corridor to carry natural gas between Greece and countries to its north as Europe steps up efforts to diversify supply and boost energy security.
read more... 22/01/2024