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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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Daily (23.01.2024): Gas prices tumbled on Monday amid strong supply and forecasts of milder temperatures

Oil prices jumped by about 2% on Monday, supported by Red Sea tensions and weaker production in the US due to colder weather. Hence, Brent crude stabilized at $80.06, while WTI crude ended at $74.76 per barrel.

read more... 23/01/2024

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Germany set for gas power plant expansion deal this week

German stakeholders are set to agree a deal on a much-anticipated roadmap for the construction of several new gas-fired power plants this week, three government and industry sources told Reuters on Monday.

read more... 23/01/2024

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EU Parliament calls for European strategy on geothermal energy

A resolution adopted by EU lawmakers calls for a European strategy to accelerate the deployment and investment in geothermal energy.

read more... 23/01/2024

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Fortum considers Nordic sites for new nuclear power

Finnish utility Fortum, opens new tab is looking at several potential sites in Finland and Sweden to build nuclear power plants with small or large-scale reactors, it said on Monday.

read more... 23/01/2024

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