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Global nuclear power faces unprecedented challenges
The global nuclear industry is in dire straits as production hits its lowest point in four decades and economic pressures mount.
read more... 12/12/2023
EU approves German state aid for closure of RWE power plants
The European Commission on Monday said it had approved 2.6 billion euros ($2.8 billion) of state aid granted by Germany to energy company RWE to compensate for the early closure of lignite-fired power plants.
read more... 12/12/2023
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EU to give member states authority to halt Russian gas imports
The European Union is poised to give its member states the power to halt gas imports from Russia and Belarus, the Financial Times reported on Friday.
read more... 11/12/2023
Hungary aims to extend life of Paks nuclear plant by 20 years
The operator of the Paks nuclear power plant in Hungary has notified the European Union of the country's intention to extend the operating lifetime of the four units to 70 years.
read more... 11/12/2023
Daily (08.12.2023): Gas and power forward prices extended gains on Thursday amid stronger demand and supply concerns due to colder weather
On Thursday, oil prices experienced a minor decline as the bearish sentiment persisted, driven by indications of weakened global demand, particularly from China, the largest oil importer globally. Nevertheless, declining U.S. stocks limited losses. Thus, Brent crude settled at $74.05 per barrel, while WTI crude closed at $69.34 per barrel.
read more... 08/12/2023