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Unions repeat call for nuclear's inclusion in EU taxonomy

Nuclear energy must be included in a delegated act of the European taxonomy, 18 trade unions in the energy sector from 10 European Union countries have told Ursula von der Leyen, president of the European Commission (EC). In a joint letter, the unions called for "a dialogue with the purpose of nuclear energy to play its full potential and build an economically efficient and socially just carbon-free Europe by 2050".

read more... 28/07/2021

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Germany leads call to keep nuclear out of EU green finance taxonomy

A group of five EU member states led by Germany have sent a letter to the European Commission asking for nuclear energy to be kept out of the EU’s green finance taxonomy.

read more... 05/07/2021

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Daily (22.06.2021): British near-term gas prices rallied at multi-year record highs on Monday amid outages in Norway, weak LNG send-outs

Crude oil futures soared on Monday amid inconclusive nuclear talks between world powers and Iran - which has elected a new hardline president - allaying prospects for a swift revival of the Islamic Republic’s crude exports. Hence, Brent crude increased by 1.9% to settle at $74.90 a barrel. Meanwhile, U.S. WTI crude surged by 2.8% to end at $73.66 a barrel.

read more... 22/06/2021

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Fusion demonstration plant to be built in UK

Canadian company General Fusion is to build and operate a plant to demonstrate its nuclear fusion technology at UKAEA's Culham Campus near Oxford in the UK. The Fusion Demonstration Plant (FDP) will pave the way for a commercial pilot plant using Magnetised Target Fusion (MTF) technology and is expected to begin operations in 2025.

read more... 18/06/2021

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Daily (09.06.2021): Crude oil prices hit multi-year highs on Tuesday amid barriers to the revival of Iran's nuclear deal

Oil prices continued the steady upturn to settle at multi-year highs on Tuesday after the U.S. asserted that the return of the Iranian crude supply would not happen soon even if the United States were to reach a nuclear deal with Iran. The visible global recovery following the coronavirus, with lockdown restrictions loosened in most countries, added to the upside. Hence, Brent crude increased by 15 to settle at $ 72.22 a barrel. U.S. WTI crude rose by 1.2% to $70.05 a barrel.

read more... 09/06/2021

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