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EU countries mull deal on emergency rules to fill gas storage

European Union countries will this week debate a possible deal to share out the costs of buying gas to fill storage and build a supply buffer ahead of next winter, according to a draft document seen by Reuters.

read more... 27/04/2022

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EU countries edge towards deal to share out emissions-cutting efforts

European Union countries are edging towards a deal on how to share the burden of cutting greenhouse gas emissions within the EU, with states poised to accept national targets proposed by Brussels last year, according to diplomats and a draft document seen by Reuters.

read more... 22/04/2022

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Rolls-Royce expecting UK approval for mini nuclear reactor by mid-2024

A Rolls-Royce design for a small modular nuclear reactor (SMR) will likely receive UK regulatory approval by mid-2024 and be able to produce grid power by 2029, Paul Stein, chairman of Rolls-Royce Small Modular Reactors, told Reuters.

read more... 20/04/2022

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Portugal to auction 3-4 GW of floating offshore wind farms in summer

Portugal plans to hold its first auction for floating offshore farms this summer, which it hopes will be able to produce between 3 and 4 gigawatts (GW) of power in 2026, Environment and Energy Transition minister Joao Matos Fernandes told Reuters.

read more... 17/03/2022

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Tax windfall profits of energy firms to raise money for green investments

The European Commission will propose that EU countries tax profits made from recent gas price spikes and use it to invest in renewable energy and energy-saving renovations, sources familiar with the matter told Reuters on Monday (28 February).

read more... 02/03/2022

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