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As nuclear debate nears, French minister sees potential for 14 new reactors

France requires more than the six new nuclear plants currently planned and possibly needs to build more than 14 new plants, its energy minister said, just days before a parliamentary debate begins on the issue.

read more... 08/01/2024

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UK fossil fuel use drops to lowest level since 1957

A new report has revealed that UK electricity generation from fossil fuels has fallen to the lowest level since 1957. Analysis from Carbon Brief, published on 3 January, shows a 22% year-on-year drop in fossil fuel usage in 2023, meaning fossil fuels account for just 33% of the UK’s energy mix.

read more... 04/01/2024

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Germany's 2023 renewable power installations hit record, but wind sector lags

Germany's solar and wind power installations hit a record in 2023 but only photovoltaic energy reached the government's targets, industry associations said, expecting continued growth this year with further reduced bureaucracy.

read more... 03/01/2024

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Portugal's renewable energy production hit new record in 2023

Renewable power sources supplied 61% of Portugal's electricity in 2023, up from 49% a year earlier, hitting a new record thanks to periods of heavy rains, strong winds and good doses of sunshine, grid operator REN said on Tuesday.

read more... 03/01/2024

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Daily (28.12.2023): Oil prices dropped by about 2% on Wednesday, with investors digesting Red Sea developments

Crude oil futures retreated on Wednesday, erasing approximately half of the gains from the previous session. Nevertheless, the persistently deteriorating security situation in the Middle East kept prices near one-month highs due to potential threats to energy shipments. Hence, Brent crude declined by 1.8% to settle at $79.65 a barrel. U.S. WTI crude decreased by about $2% to 74.11 a barrel.

read more... 28/12/2023

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