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IAEA finds UK nuclear regulation strong

The UK’s nuclear industry is safe and has made progress to reinforce its regulatory functions, according to a review by the International Atomic Energy Agency (IAEA). A team of experts from the organisation carried out an integrated regulatory review (IRRS) mission in the country.

read more... 05/02/2024

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Wind generation lower on the year in January

Wind output accounted for 25pc of the Spanish generation mix and fell on the year in January 2024. Peninsular electricity demand rose slightly from January 2023.

read more... 05/02/2024

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Daily (02.02.2024): European carbon prices plunged by 3% on Thursday, weighed by sluggish demand and ample supply

On Thursday, oil prices declined, erasing previous increases due to economic concerns, which offset the rising tensions in the Middle East. Additionally, a 1.2-million-barrel increase in U.S. crude inventories put further pressure on prices. Hence, Brent crude tumbled by about 4% to settle at $78.70, while WTI crude declined by about 3% to stand at $73.82 per barrel.

read more... 02/02/2024

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German carbon capture row heightened by EU’s draft 2040 climate plan

Germany’s upcoming carbon management strategy is being delayed by government divisions on carbon capture and storage (CCS), further exacerbated by a leaked EU climate policy draft for 2040 promoting the controversial technology.

read more... 02/02/2024

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Timing opportune for European renewable power supply deals

Prices of European power purchase agreements (PPA) for green electricity fell 2% in the fourth quarter of 2023, making a case for buyers to strike new deals ahead of an expected rise in demand, price tracking platform LevelTen said on Thursday.

read more... 02/02/2024

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