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Daily (04.05.2022): Oil prices remained bearish on Tuesday as Europe mulls an Russian embargo
Oil prices extended losses on Tuesday amid concerns about China's capacity to keep its economy on track and maintain the substantial oil imports. Consequently, Brent crude fell by 2.4% to $104.97 a barrel, while WTI crude oil decreased by 2.6% to $102.41 a barrel.
read more... 04/05/2022
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Italian grid to struggle with fast green growth
The Italian power grid may not be ready to accommodate an acceleration of new green capacity as the government is pushing to accelerate its green transition and reduce dependence on Russian gas, experts told Montel.
read more... 28/04/2022
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EDF finds indications of possible corrosion on 4 reactors
EDF has said it found indications of possible stress corrosion on the auxiliary circuits of four French nuclear power reactors totalling 4.8 GW in capacity, namely Chinon 3, Cattenom 3, Flamanville 2 and Golfech 1.
read more... 20/04/2022
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
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EU backs Enel solar panel gigafactory
Enel Green Power and the European Commission have signed a grant agreement to help boost capacity at the former's 3Sun PV panel factory in Sicily, Italy, to 3GW from 200MW currently.
read more... 04/04/2022