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
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
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
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
Global electricity production from nuclear energy dropped by 4% last year from 2021, with the technology's share of gross electricity generation falling to its lowest since the 1980s, an industry report showed on Wednesday.
read more... 07/12/2023