EDF to halt four nuclear reactors in northern England

12/08/2014 00:42 Electricity Market

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EDF Energy will shut down temporarily four nuclear reactors at two large power plants in the north of England after a technical issue was found in boiler units.

The outage at its Heysham 1 and Hartlepool plants means a third of Britain's nuclear capacity will be offline this week amid temporary maintenance works in Scotland and Kent. The boiler units’ malfunction was found following routine inspections. It is estimated that these investigations will take around eight weeks. However, the National Grid says the closures should not affect the UK’s energy supply. In 2013, EDF inked a deal with UK authorities to build the Hinkley Point nuclear power plant together with France’s Areva and the Chinese CGNPC and CNNC companies. EDF Energy is one of the United Kingdom’s biggest energy companies and its largest producer of low-carbon electricity, generating around one-fifth of the United Kingdom’s electricity.

Daily (26.02.2021): Brent crude rally take a breather, while U.S. WTI crude ends at its highest since May 2019

26/02/2021 09:49:00

Crude oil prices diverged on Thursday, with Brent crude steadying after a period of optimism amid concerns over OPEC+’s willingness to continue output cuts grow. In contrast, U.S. WTI crude gained ground, spurred by optimism of quickly depleting global oil inventories. Hence, Brent crude lost 0.2% to settle at $66.88 a barrel. Meanwhile, U.S. WTI crude rose by 0.5% to 63.53 a barrel, marking its highest finish since May 2019.

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Portugal sees green hydrogen output by end-2022, $12 billion in investment lined up

26/02/2021 08:59:00

Portugal will start producing green hydrogen by the end of 2022 and already has private investment worth around 10 billion euros ($12 billion) lined up for eight projects that are expected to move forward, Environment Minister Joao Matos Fernandes said.

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Geothermal energy projects in the US receive $46m boost

26/02/2021 08:55:00

A total of 17 projects in the US are receiving up to a total of $46 million (£33m) in funding for domestic, carbon-free geothermal energy, with the potential to supply power to homes across the country.

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