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EU countries ramp up pressure to grant nuclear a ‘green’ investment label
A group of ten European countries have heaped pressure on the European Commission to grant nuclear energy a ‘green’ label under the EU’s sustainable finance taxonomy, which acts as a guide to climate-friendly investments.
read more... 29/10/2021
Government to invest £1.7bn in a new large-scale nuclear power station
A new large-scale nuclear power station is set to secure a fresh £1.7 billion in government funding.
read more... 29/10/2021
EU climate and infrastructure agency eyes end of fossil fuel projects
The director of CINEA, a recently established EU agency managing €55 billion in EU funding for clean energy and transport, has told EURACTIV about the challenge of ending fossil fuel projects entirely, saying coal and natural gas assets “are not simply going to go away” and need to be managed during the transition.
read more... 29/10/2021
Daily (28.10.2021): Oil prices lost more than 2% on Wednesday, pressured by a weekly increase in US crude stocks
Crude oil prices were bearish on Wednesday, as crude reserves in the United States rose by twice as much as analysts expected. Moreover, prices fell on signs of a resumption of nuclear negotiations with Iran. Hence, Brent oil lost 2.1% at $84.58 a barrel and WTI crude dropped by 2.4% to $82.66 a barrel.
read more... 28/10/2021
Saipem JV plans 750MW Italian energy hub
Saipem, AGNES and QINT'X have applied for a permit to install an energy hub off the coast of Italy.
read more... 28/10/2021