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UK eyes new 1.2 GW nuclear plant – government

The UK government on Thursday outlined plans for the biggest expansion of nuclear power for 70 years, including the possibility of building a major new power station to help boost the security of supply.

read more... 11/01/2024

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Poland may double wind power capacity by 2030

Poland has the potential to double its installed wind power capacity by 2030 but the industry needs faster permitting, improved auctioning procedures and must find a way to mitigate soaring costs, the local wind lobby said on Wednesday.

read more... 11/01/2024

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Renewable energy growth must accelerate to reach 2030 goal

Global renewable energy capacity is expected to grow by two and a half times by 2030 but governments need to go further to achieve a goal of tripling it by then agreed at United Nations' climate talks, the International Energy Agency (IEA) said.

read more... 11/01/2024

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Daily (10.01.2024): Crude oil prices rebounded by over 2% on Tuesday amid ongoing turmoil in the Middle East

Oil prices rebounded by 2% on Tuesday after a significant drop the previous day. The market's attention was focused on concerns over global crude supplies due to the shutdown of a major Libyan field and tensions in the Red Sea. Thus, Brent crude stood at $77.59, while WTI crude settled at $72.24 per barrel.

read more... 10/01/2024

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EDF plans new investment and extensions for UK nuclear fleet

EDF Energy has announced it will invest a further GBP1.3 billion (USD1.7 billion) in the UK's five operating nuclear power plants over the next two years and plans to further extend the lives of the four operating Advanced Gas-cooled Reactor (AGR) plants.

read more... 10/01/2024

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