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UK presents plans for subsidy reform to speed up green energy projects

The British government on Friday presented plans for reforms of its flagship Contracts for Difference (CfD) scheme to remove planning barriers and bring green energy projects, especially offshore wind farms, online faster.

read more... 24/02/2025

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EU approves state aid to extend life of Engie's Belgian nuclear reactors

EU competition regulators on Friday approved Belgium's plan to grant state aid to French energy company Engie's Belgian business to extend the lifespan of two nuclear reactors, closing an in-depth investigation opened last July.

read more... 24/02/2025

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Daily (21.02.2025): Oil rose amid strong demand, fuel stock drawdowns and supply concerns

Oil prices extended gains on Thursday for the fourth consecutive day, driven by rising demand, gasoline and distillate drawdowns, and concerns over potential supply disruptions in Russia. Although U.S. crude oil stockpiles rose more than expected, fuel inventories fell due to seasonal refinery maintenance, which led to lower processing.

read more... 21/02/2025

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EU seeks more US gas, renewable energy to replace Russian supplies

The European Union will seek more gas from countries including the U.S. to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the EU's energy commissioner has said.

read more... 21/02/2025

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Site location application submitted for new Kozloduy unit

An application for a permit to determine the location of the planned unit 8 at the Kozloduy nuclear power plant has been submitted to Bulgaria's Nuclear Regulatory Agency.

read more... 21/02/2025

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