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Romania's Nuclearelectrica sees preliminary decision on SMR plant in 2025

Romania expects to make a preliminary final investment decision next year on whether to build a small modular reactor plant (SMR), which could become Europe’s first project using the technology, Energy Minister Sebastian Burduja said on Monday.

read more... 19/03/2024

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Daily (18.03.2024): Gas prices rose sharply on Friday, boosted by LNG supply concerns due to rising Asian demand

Oil prices retreated slightly on Friday as investors took profits after prices hit a four-month high on Thursday. Hence, the Brent crude oil stabilized at $85.34 a barrel, while WTI crude stood at slightly above $81 a barrel.

read more... 18/03/2024

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Norway holds inaugural offshore wind auction amid uncertainty over bids

Norway holds its first auction on Monday for the right to build a commercial offshore wind farm, offering up to 1.5 gigawatt (GW) of capacity, although interest has ebbed amid high project costs and there is still a risk of no bids being made.

read more... 18/03/2024

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Austria brings in onshore wind reforms

The Austrian Government has introduced market premium regulation for onshore wind.

read more... 18/03/2024

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Poland to spend $16 billion on power grid by 2034

Poland's power grid operator PSE plans to spend 64 billion zloty ($16 billion) by 2034 to build new high-voltage power lines and connect planned renewable and nuclear capacity, as part of the country's drive to wean itself off coal.

read more... 18/03/2024

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