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Germany, Spain push to keep nuclear out of EU renewable energy goals

Seven EU states including Germany, Spain and Denmark have strengthened their resistance to efforts by France to count nuclear energy towards EU renewable energy targets, according to a letter seen by Reuters.

read more... 20/03/2023

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Daily (14.03.2023): Oil prices fell by about 2% on Monday amid bank collapse jitters

Crude oil prices decreased on Monday following last week’s bank collapse in the US, which caused an overall sentiment of concern on the global financial markets. Hence, Brent crude declined by $2.01, or 2.4%, to $80.77 per barrel. Meanwhile, WTI crude dropped by $1.88, or 2.5%, to settle at $74.80 per barrel.

read more... 14/03/2023

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EDF extends operating life of two UK nuclear plants by two years

EDF Energy will extend the operating life of its Hartlepool and Heysham 1 nuclear plants in Britain by two years to March 2026, it said on Thursday, boosting the country's energy security amid turbulent gas and power markets.

read more... 13/03/2023

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Brussels targets 40% of clean tech manufacturing in Europe by 2030

The European Commission is drafting a new target to have at least 40% of clean technologies manufactured in the EU by 2030 as part of a drive to meet its climate goals and strengthen energy independence. Eligible technologies include renewables, nuclear power and carbon capture and storage, among others.

read more... 07/03/2023

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EU plans to extend gas consumption reduction targets

The EU is planning to extend its gas consumption reduction measures into next winter, the bloc’s energy ministers said on Tuesday (28 February), to replenish stocks.

read more... 02/03/2023

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