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Britain proposes location-based pricing for electricity

Britain is proposing a location-based method to determine how much consumers should be charged for the electricity they use, the government said on Tuesday.

read more... 12/03/2024

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British regulator awards North Sea oil and gas licences

Britain's oil and gas regulator on Wednesday awarded 24 new hydrocarbon exploration licences to 17 companies as part of efforts to extend production in the ageing basin.

read more... 01/02/2024

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EDF's UK Hinkley Point nuclear plant start date delayed again, costs mount

French utility EDF on Tuesday again pushed back the start date on its long-delayed 3.2-gigawatt (GW) Hinkley Point C reactor plant in Britain to at least 2029, with a new estimated cost of between 31 billion and 34 billion pounds ($43.06 billion) based on 2015 values.

read more... 25/01/2024

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UK to invest extra $1.7 bln in Sizewell C nuclear power station

Britain will invest an extra 1.3 billion pounds ($1.65 billion) in the Sizewell C nuclear power station in southeast England, the government said on Monday, making it the majority shareholder in the project.

read more... 24/01/2024

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Britain to invest 300 million pounds in next-generation nuclear fuel programme

Britain said it plans to spend 300 million pounds ($380 million) on a new programme to produce advanced nuclear fuel suitable for the next generation of power-generating reactors, seeking to dislodge Russia as the main international supplier.

read more... 08/01/2024

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