Unit 1 of the Tricastin nuclear power plant in southern France can operate for a further ten years, the country's nuclear safety regulator, the Autorité de Sûreté Nucléaire (ASN), has decided. It becomes the first French power reactor licensed to operate beyond 40 years.
read more... 16/08/2023
Floating offshore wind turbines in Norway could prove profitable for developers as early as 2035, removing the need for government subsidies, Boston Consulting Group (BCG) said on Tuesday.
read more... 16/08/2023
EU gas storage levels are well above the historical average but current supply and demand trends suggest inventories could be insufficient by December, said Sweden’s SEB bank on Tuesday.
read more... 16/08/2023
Oil prices saw a decline on Monday due to economic concerns surrounding China, the biggest consumer of crude oil. The focus shifted to China's struggles in achieving post-pandemic economic recovery, outweighing the impact of the tightening global oil supply. As a result, Brent crude fell by 0.7% to $86.21 a barrel, while WTI crude dropped by 0.8% to settle at $82.51 a barrel.
read more... 15/08/2023
Nuclear power is making a comeback on the EU energy scene after an eventful 2022-2023 year, which according to Paris, reflects an “excellent diplomatic record” for France in defending atomic energy
read more... 15/08/2023