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French government aims to cut red tape for new nuclear reactors
France has drafted legislation to streamline bureaucracy for administrative permits needed to build new nuclear power plants, as it aims to double down on its nuclear and renewable energy facilities amid a global energy crunch.
read more... 03/11/2022
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Iberian gas prices for utilities fall below cap for first time
Iberian wholesale market gas prices fell below a threshold set for gas-fired power plants in May for the first time on Wednesday after Spain's national grid operator warned it may reject LNG shipments due to overcapacity.
read more... 20/10/2022
Germany pushes to extend lifespan of three nuclear plants
German Chancellor Olaf Scholz has asked the economy, environment and finance ministries to lay the legal framework to keep the country's three nuclear power plants operational until as late as April 15, 2023, a letter seen by Reuters showed on Monday.
read more... 19/10/2022
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Finland starts two backup power plants to prevent blackouts
Finnish power grid operator Fingrid started up two backup power plants on Thursday to balance the country's electricity system and prevent blackouts while repairs were made at a reactor seen as crucial to ensure reliable power supplies this winter.
read more... 09/09/2022
Spain extends gas price cap amid fears of total Russian gas cut-off
Spain will extend a gas price cap to power plants linked to heavy industry amid fears Russia could cut off all gas supply to Europe by land or sea, Spanish Prime Minister Pedro Sanchez said on Tuesday.
read more... 08/09/2022