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Germany to cancel EUAs over early coal closures

Germany will cancel a “residual” sum of carbon allowances – that one analyst put below 14m tonnes – associated with power plant closures in 2021 under the country’s coal phase-out, the energy ministry has told Montel.

read more... 09/03/2023

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EU draft shows plan for more fixed-price electricity contracts

The European Union wants to expand the use of contracts that pay power plants a fixed price for electricity, a draft proposal showed, to shield European consumers from big price swings.

read more... 08/03/2023

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France's nuclear watchdog says corrosion crack flagged by EDF at Penly 1 reactor

France's state-controlled nuclear energy operator EDF has detected a new crack located at its Penly 1 reactor in its latest update on stress corrosion issues, France's ANS nuclear safety watchdog said on Tuesday, adding it had asked the company to "revise its strategy" for repairing its plants.

read more... 08/03/2023

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French MPs pave way to dropping legal limit on nuclear in energy mix

Lawmakers voted in favour of doing away with the 50% legal limit on nuclear in the country’s total energy mix on Thursday as part of France’s larger efforts to build newer, more modern nuclear plants.

read more... 03/03/2023

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EU carbon hits record 100 euros as cost of polluting soars

The price of permits on the European Union's carbon market hit 100 euros ($106.57) per tonne for the first time on Tuesday, a milestone that reflects the increased costs that factories and power plants must pay when they pollute.

read more... 27/02/2023

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