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Europe's clean power sources on a record roll in early 2024
A record 60% of Europe's electricity was powered by clean energy sources in the opening two months of 2024, driven by strong year-on-year growth in hydro, solar and wind generation and a rebound in nuclear power production.
read more... 27/03/2024
UK warned of potential £450bn loss due to energy policy uncertainty
Offshore Energies UK (OEUK) warns of a potential £450 billion loss in the domestic offshore energy market by 2040 without stable policies and competitive taxes.
read more... 27/03/2024
Ofgem unveils proposals for energy price cap overhaul
Ofgem has proposed various options for the future of the price cap, including dynamic rates and targeted caps based on vulnerability
read more... 26/03/2024
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Major nuclear projects will have to wait longer for delayed EIB financing
The European Investment Bank (EIB) dealt a major blow to the nuclear industry at last week’s International Nuclear Energy Summit in Brussels, when it dithered over the industry’s request for more funding for nuclear projects, but confirmed that investment in renewable energy will remain a priority until 2030.
read more... 26/03/2024
Romania expects €5.5bn price tag and 2025 final investment decision for small modular reactor
Romania is seeking to deploy ‘small modular reactor’ (SMR) technology as part of its drive to reduce greenhouse gas emissions and its energy minister Sebastian Burduja said this week that a final investment decision will be taken in 2025 for a new nuclear power plant in Doicești.
read more... 25/03/2024