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French Senate adopts bill on accelerating nuclear new build

The French Senate has overwhelmingly approved a draft bill aimed at accelerating procedures related to the construction of new nuclear facilities near existing nuclear sites and to the operation of existing facilities. The bill was adopted in its first reading in the Senate, with 239 votes in favour and 16 against.

read more... 26/01/2023

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Daily (25.01.2023): Oil prices dropped amid rising speculations of a potential recession

Concerns about economic recession impacted oil prices. Thus, WTI crude edged lower by around 2% at $80.13 per barrel. Brent crude also dropped by over 2% to settle at $86.13 per barrel.

read more... 25/01/2023

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Germany's electricity price cap to cost 14.5 bln eur until May

Germany plans to spend 14.5 billion euros ($15.75 billion) to finance its electricity price cap until May, a government document seen by Reuters showed, as part of a relief package Berlin set out last year to shield households and firms from surging energy prices.

read more... 25/01/2023

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Denmark's GreenGo to build 4 GW green fuel plant

Danish renewable energy developer GreenGo Energy said on Tuesday that it's cooperating on 60 billion Danish crowns ($8.77 billion) project to develop a green energy park.

read more... 25/01/2023

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EU's planned reforms aim to better protect power bills from market swings

European Union proposals to overhaul its electricity market will attempt to better protect consumer energy bills from short-term swings in fossil fuel prices, the European Commission said on Monday.

read more... 25/01/2023

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