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EDF and France reach deal on electricity prices

State-controlled power group EDF and the French government have reached a tentative deal on future nuclear power prices, a source close to the government said on Monday, ending months of tense negotiations.

read more... 14/11/2023

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France's clean power clout to be tested again this winter

France's power sector is under fresh scrutiny as maintenance on several of the country's critical nuclear reactors continues just as Europe braces for another winter, when regional heating demand typically peaks.

read more... 09/11/2023

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European Commission to create SMR Industrial Alliance

In response to calls from the nuclear industry, research community and nuclear safety regulators, the European Commission will establish an Industrial Alliance dedicated to small modular reactors (SMRs) in early 2024, European Commissioner for Energy Kadri Simson has announced.

read more... 08/11/2023

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Daily (07.11.2023): European spot electricity prices skyrocketed by over 300% on Monday amid declining wind generation and a drop of French nuclear availability

Oil prices recovered slightly on Monday, after Saudi Arabia and Russia reaffirmed their crude production and export cuts until the end of the year. Consequently, Brent crude closed at $85.18 per barrel, and WTI crude ended at $80.82 per barrel.

read more... 07/11/2023

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Czechia progresses on new nuclear unit as three companies bid for contracts

The construction of a new nuclear power unit has moved forward with binding bids accepted from US-Canadian Westinghouse, France’s EDF and the Korean company KHNP, announced ČEZ’s Director of New Energy Division Tomáš Pleskač.

read more... 01/11/2023

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