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Sweden’s support for nuclear – a boost for the industry

15/06/2016 10:37 Electricity Market

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Sweden's plan to preserve nuclear energy as part of its low-carbon energy mix is a significant boost for the nuclear industry, as stated on Tuesday by CEO of French utility EDF Jean-Bernard Levy .

In a broad agreement settled with the most important opposition parties, the Swedish government declared last week it would eliminate some taxes on nuclear power and allow up to 10 new nuclear reactors to be constructed since the country closes its old plants. EDF is the world's biggest operator of nuclear plants, running 58 reactors which supply approximately 75 percent of France's power.

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Daily (04.12.2019): Carbon price plummets to a two-week low on Tuesday amid a weak energy complex

04/12/2019 10:47:00

Crude oil prices ended on a mixed note on Tuesday, with Brent hitting its lowest level since Oct.21, while WTI prices increased for a second consecutive session. Brent decreased by 10 cents, or 0.2% to end at $60.82 a barrel, following comments from the U.S. President Trump that a trade deal with China might be delayed, feeding uncertainty over demand. WTI rose by 14 cents, or 0.3%, to close at $56.10 a barrel, extending the 1.4% gain registered on Monday.

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Albania, Kosovo agree to set up common energy market

04/12/2019 09:05:00

Kosovo’s power transmission system operator KOSTT said it has signed an agreement with its Albanian peer OST to set up a common energy market of the two neighboring countries.

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Edison to build 760MW gas-fired thermoelectric power plant in Italy

04/12/2019 09:00:00

Italy’s Edison is planning to build 760MW natural gas-powered thermoelectric power plant in Presenzano in the province of Caserta, with an investment of €370m ($408m).

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