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Germany aims to build fusion power plant

A new funding programme for nuclear fusion research has been announced by Germany's Federal Research Minister Bettina Stark-Watzinger aimed at paving the way for the first fusion power plant to be constructed in Germany by 2040.

read more... 15/03/2024

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Daily (14.03.2024): European carbon prices resumed their decline on Wednesday as investment funds cut short positions less than anticipated

Oil prices rose sharply on Wednesday, boosted by strikes on Russian refineries and a larger-than-expected drop in US crude and gasoline inventories. As a result, the Brent crude oil stood slightly above $84 a barrel, while WTI crude settled at $79.72 a barrel.

read more... 14/03/2024

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Germany launches green subsidies for industry

Germany on Tuesday launched a bidding process for subsidies to support energy-intensive firms switching to green production in a 4 billion euros ($4.37 billion) funding round, the economy ministry said on Tuesday.

read more... 13/03/2024

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Pro-nuclear countries back total opening up of EU funding for nuclear

Nuclear technologies should benefit from all types of EU funding, such as the European Investment Bank (EIB) and innovation funds, the French-led nuclear alliance, which now has 12 EU member states, said at its meeting on Monday (4 March).

read more... 06/03/2024

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Daily (23.02.2024): French Cal25 power contract plunged to its lowest level since Nov 2021 amid persistent bearish fundamentals

Oil prices extended gains on Thursday, with the ongoing bullish sentiment attributed to geopolitical risks in the Middle East, while a marginal rise in crude inventories failed to dampen the market. As a result, both contracts rose by about 1%, with Brent crude standing at $83.67 a barrel, and WTI crude settling at $78.61 a barrel.

read more... 23/02/2024

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