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Britain opens nuclear fuel fund with aim to cut reliance on Russia

Britain said on Monday its 75-million-pound ($90.5 million) fund aimed at helping boost domestic production of nuclear fuel for power plants and cutting reliance on Russian uranium supplies was now open for applications.

read more... 02/01/2023

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Daily (28.12.2022): European spot electricity prices fell sharply on Tuesday amid higher wind generation

Crude oil prices barely changed on Tuesday as restarts at some U.S. energy plants closed by winter storms offset gains from hopes of a demand recovery as China eases COVID-19 restrictions. Hence, Brent crude rose by 41 cents, or 0.5%, to settle at $84.33 a barrel, while U.S. West Texas Intermediate crude settled 3 cents lower at $79.53 per barrel.

read more... 28/12/2022

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Over one million European homes have batteries for their solar installations

More than one million European homes will welcome the New Year with batteries for their solar power plants. It is an increase of over 50% since the end of 2021, significantly higher than what was forecasted.

read more... 27/12/2022

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Equinor plans to invest $1.3 billion in Hammerfest LNG upgrade and electrification

Norwegian energy player Equinor and its partners in the Snøhvit project have revealed plans to invest NOK 13.2 billion (around $1.3 billion) in upgrading the Hammerfest LNG (HLNG) plant at Melkøya with onshore gas compression and electrification.

read more... 21/12/2022

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EDF further delays the restart of several nuclear plants

French nuclear operator EDF has further delayed the restart of several of its nuclear reactors affected by stress corrosion, in some cases until as late as June, as it struggles to get enough units online to meet winter power demand.

read more... 20/12/2022

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