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Dutch explore nuclear 'taboo' as part of energy transition
The Netherlands may build two nuclear reactors, its government-in-waiting said on Wednesday, signalling a possible radical shift in energy policy as it seeks to keep a transition to a carbon-neutral economy on track.
read more... 16/12/2021
Netherlands starts work on enabling further 10 GW of offshore wind by 2030
The Dutch State Secretary for Economic Affairs and Climate Policy, Dilan Yeşilgöz-Zegerius, has announced the start of spatial planning procedures for cable routes that would connect more than 10 GW of the country’s planned additional offshore wind capacity to the national grid.
read more... 08/12/2021
Nascent hydrogen market needs low-carbon nuclear power
As Europe rediscovers the merits of nuclear power as a low-carbon source of electricity, policymakers in Brussels are now looking to leverage the non-stop generation of atomic energy to ramp up the production of low-carbon hydrogen.
read more... 29/11/2021
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OPEC+ needs to be careful in policy to balance market amid Q1 demand softening: UAE
OPEC+ needs to be careful in implementing its policy because it needs to balance the market amid forecasts of softening demand in the first quarter of 2022, the UAE's energy minister said on Nov. 8.
read more... 08/11/2021
Daily (15.10.2021): Oil prices climbed to multi-year highs on Thursday as Saudi Arabia dismissed calls for additional OPEC+ supplies
Crude oil prices climbed to hit multi-year highs on Thursday after Saudi Arabia, one of the main crude oil producers in the world, rejected to follow the policy of OPEC+ to increase their output for price controls. Additionally, the International Energy Agency (IEA) said surging natural gas prices could boost demand for oil among power generators. Hence, Brent crude rose by 1% to settle at $84.00 a barrel, the highest level since October 2018. U.S. WTI crude increased by 1% to close at $81.31 a barrel, hitting a seven-year record high.
read more... 15/10/2021