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Sweden Doubles Down on Nuclear Energy with Parliamentary Approval
The Parliament of Sweden has approved a new energy bill paving the way for the construction of additional nuclear reactors beyond the 10 originally approved to boost energy security and reduce carbon emissions, Reuters reports. Sweden’s current fleet of six nuclear reactors is all that remains from 12 reactors after a 1980 referendum committed to exiting nuclear energy entirely.
read more... 30/11/2023
France ‘omits’ renewable energy target in 2030 energy-climate plan
France’s draft national energy and climate plan (NECP), recently handed into the European Commission, fails to mention a renewable energy objective for 2030, referring instead to a “decarbonised” energy target incorporating nuclear power, contradicting the EU’s renewable energy directive.
read more... 30/11/2023
€800 million to jolt the market: Europe’s hydrogen boosters activate
The EU’s Hydrogen Bank has begun operations and is offering €800 million to hydrogen producers to kickstart demand for the fuel crucial to industrial decarbonisation.
read more... 28/11/2023
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Daily (24.11.2023): Carbon and gas prices were strongly bullish on Thursday amid colder weather forecasts
Oil prices continued to decline on Thursday, weighed by the postponement of the OPEC+ alliance meeting, fueling rumors of discord between its members and casting doubt on whether Saudi Arabia will maintain its voluntary production cuts. Thus, Brent crude edged 0.7% down at $81.42 per barrel, while WTI crude settled 1% lower at $76.40 per barrel.
read more... 24/11/2023
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MEPs fully include nuclear in Net-Zero Industry Act
The European Parliament has adopted its position on the proposed Net-Zero Industry Act (NZIA), which is intended to bolster Europe's manufacturing output in technologies needed for decarbonisation. MEPs included nuclear fission and fusion among a list of 17 technologies covered by the legislation.
read more... 24/11/2023