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E.ON intends to close down two nuclear reactors at Oskarshamn power plant in Sweden
German energy group E.ON said Tuesday it envisages decommissioning two of three nuclear reactors at OKG Aktiebolag’s Oskarshamn power plant in Sweden, blaming low profitability.
read more... 24/06/2015
Daily: European prompt power prices tumble on stronger supply, nuclear reactor return
Crude oil prices curbed losses to close slightly higher on Monday as a short-covering ahead of the front-month contract expiration in U.S crude spurred the market weakened by concerns about increasing gasoline stockpiles. Initially, oil prices were also influenced by worries about the potential fallout from the Greek debt crisis, counterbalancing positive impact from a stockpile draw at the Cushing, Oklahoma. Brent crude rose by 32 cents, or 0.5 percent, to settle at $63.34 a barrel, after easing almost $1 earlier. WTI crude boosted 7 cents, or 0.1 percent, to close at $59.68 a barrel, as its front-month July contract expired.
read more... 23/06/2015
Daily: French prompt power prices jump on nuclear power plants outages
Crude oil prices diverged on Wednesday, with Brent crude increasing and WTI declining on Wednesday in agitating trading as both contracts slashed losses on uncertain outlook for interest rates by the Federal Reserve. Brent crude for August delivery boosted 17 cents to close at $63.87, having oscillating from $62.60 to $65.47 and ending back below its 50-day moving average of $64.16. U.S. crude for July delivery decreased by 5 cents to settle at $59.92, having fluctuated from $58.85 to $61.38.
read more... 18/06/2015
Czech minister sees new state firm as best nuclear alternative
The most rational way to increase the Czech Republic's nuclear power stations would be via a newly created state firm rather than through majority state-owned CEZ, as stated by Industry Minister Jan Mladek on Monday.
read more... 16/06/2015
French government mulls a rescue plan for ailing Areva
The French government is envisaging reorganizing the nuclear industry in France, with cash injections into Areva, the company that builds nuclear power plants in the country.
read more... 16/06/2015