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UK must build power lines faster, urges government’s first energy networks commissioner
The UK has the opportunity to accelerate the construction of new power lines, effectively tackling the long-standing backlog of renewable energy projects waiting to connect to the electricity grid.
read more... 07/08/2023
US scientists repeat fusion ignition breakthrough for 2nd time
U.S. scientists have achieved net energy gain in a fusion reaction for the second time since December, the Lawrence Livermore National Laboratory said on Sunday.
read more... 07/08/2023
Daily (04.08.2023): Crude prices rose by over 2% on Thursday as Saudi Arabia and Russia are keeping supply tight
On Thursday, crude oil prices rose due to measures taken by Saudi Arabia and Russia to ensure a tight supply into September, and potentially further. Hence, Brent crude surged by 2.3% to $85.14 a barrel, while WTI crude increased by about 2.6% to settle at $81.55 a barrel.
read more... 04/08/2023
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Baltic states seek to decouple grid from Russia
Estonia, Lithuania and Latvia are seeking to disconnect from an energy grid network shared with Russia and Belarus by early 2025. Vilnius is pushing from an earlier exit from the grid, which Tallin opposes.
read more... 04/08/2023
Britain boosts latest renewable power subsidy round by 22 million pounds
Britain has increased the amount available in its latest auction round to spur renewable power projects by 22 million pounds ($28 million) taking the total to 227 million pounds, the government said on Thursday.
read more... 04/08/2023