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Daily (10.03.2023): Concerns over French nuclear generation contributed to the rise in forward electricity prices on Thursday

On Thursday, oil prices declined as traders continued to worry about the effects of excessive monetary tightening on the economy rather than the market fundamentals. As a result, Brent crude ended $1.07, or 1.3%, down at $81.99 a barrel.

read more... 10/03/2023

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France's nuclear watchdog says corrosion crack flagged by EDF at Penly 1 reactor

France's state-controlled nuclear energy operator EDF has detected a new crack located at its Penly 1 reactor in its latest update on stress corrosion issues, France's ANS nuclear safety watchdog said on Tuesday, adding it had asked the company to "revise its strategy" for repairing its plants.

read more... 08/03/2023

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Brussels targets 40% of clean tech manufacturing in Europe by 2030

The European Commission is drafting a new target to have at least 40% of clean technologies manufactured in the EU by 2030 as part of a drive to meet its climate goals and strengthen energy independence. Eligible technologies include renewables, nuclear power and carbon capture and storage, among others.

read more... 07/03/2023

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Belgian nuclear regulator tells govt not to extend oldest reactors

Belgium's nuclear regulator has advised the government against a life extension of the country's three oldest reactors, despite the risk of a gap in electricity supply over the next two winters.

read more... 07/03/2023

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French MPs pave way to dropping legal limit on nuclear in energy mix

Lawmakers voted in favour of doing away with the 50% legal limit on nuclear in the country’s total energy mix on Thursday as part of France’s larger efforts to build newer, more modern nuclear plants.

read more... 03/03/2023

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