EDF Renewables, marine contractor Jan De Nul and energy group Luminous have teamed up to make a joint bid for the development of an offshore wind zone in Belgium that could host up to 3.5 GW of turbine capacity.
read more... 09/03/2023
Oil prices lost momentum on Tuesday as the Chinese National People’s Congress estimate a lower-than-expected GDP growth target of around 5%, hence this could cause a fall in oil demand. A rise in US oil output also weighed on prices. Hence, Brent crude fell by 3.4% to settle at $83.29 a barrel.
read more... 08/03/2023
The European Union wants to expand the use of contracts that pay power plants a fixed price for electricity, a draft proposal showed, to shield European consumers from big price swings.
read more... 08/03/2023
France's state-controlled nuclear energy operator EDF has detected a new crack located at its Penly 1 reactor in its latest update on stress corrosion issues, France's ANS nuclear safety watchdog said on Tuesday, adding it had asked the company to "revise its strategy" for repairing its plants.
read more... 08/03/2023
Britain's National Grid called on reserve coal-power units for the first time to provide electricity during a period of expected tight supplies on Tuesday as a cold snap sweeps the country.
read more... 08/03/2023