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EU lawmakers consider profit cap in case energy prices resurge
Lawmakers in the European Parliament will consider a proposal to cap power plants' windfall revenues if Europe faces another energy price crisis and use the cash to cushion citizens from soaring bills.
read more... 16/05/2023
Northvolt to build multi-billion-euro battery plant in Germany
Sweden's Northvolt said it will invest several billion euros to build an electric-vehicle battery cell plant in Germany, after speculation that the company could divert planned investment to the United States.
read more... 15/05/2023
BP sees investment decision on Teesside carbon capture projects in 2024
BP expects to make a final investment decision in 2024 on a cluster of carbon capture projects in northern England, including a gas-fired power plant in Teesside, it said on Tuesday.
read more... 10/05/2023
Mannheim coal plant (425 MW) confirms market exit on 5 June
German power plant operator GKM will end market operation of its coal-fired unit 7 (425 MW) in Mannheim on 5 June, the company confirmed on Monday.
read more... 09/05/2023
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Westinghouse unveils small modular nuclear reactor
U.S. company Westinghouse unveiled plans on Thursday for a small modular reactor to generate virtually emissions-free electricity that could replace coal plants or power water desalinization and other industries.
read more... 05/05/2023