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UK focuses on new nuclear, offshore wind, clean hydrogen to boost energy security
The UK government wants 25% of electricity demand in 2050 to be met by up to 24 GW of nuclear generation capacity, up from 9 GW currently, it said in an Energy Security Strategy announcement late April 6.
read more... 08/04/2022
Daily (17.02.2022): European spot power prices dropped significantly on Wednesday, amid surging wind generation levels
Crude oil prices increased on Wednesday, amid renewed concerns over the Ukraine crisis due to widespread skepticism over the Russians’ actions. Nevertheless, gains were limited by an unexpected rise in weekly US crude stocks. As a result, Brent oil climbed by 1.6% to $94.81 a barrel and WTI crude rose by 1.7% to $93.66 a barrel.
read more... 17/02/2022
ESB unveils 5GW renewables vision
ESB has announced plans to increase its renewable generation portfolio from almost 1GW to 5GW.
read more... 15/02/2022
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Europe nuclear plants ‘need €500bn investment by 2050’
The European Union will need to invest €500 billion in new generation nuclear power stations from now until 2050, the bloc’s internal market commissioner said in an interview published at the weekend.
read more... 11/01/2022
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European wind power set for record Q4 as stormy year-end offsets pre-Christmas lull
Wind power generation across Europe was set for a record fourth quarter with a stormy end to 2021 helping to offset a lull before Christmas, with Week 51 wind output at a six-week low, TSO data analyzed by S&P Global Platts showed Dec. 29.
read more... 30/12/2021