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Europe’s Largest Nuclear Reactor Comes Online 14 Years Later Than Planned

The biggest nuclear reactor in Europe by capacity, Olkiluoto 3 in Finland, started regular electricity production on Sunday, entering into service 14 years later than initially planned.

read more... 18/04/2023

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Daily (17.04.2023): European forward electricity prices fell by 3% on Friday, in tandem with bearish gas, carbon markets

Crude oil prices rose slightly on Friday after the International Energy Agency (IEA) unveiled global demand will hit a record high this year on the back of a recovery in Chinese consumption. Hence, Brent crude rose by 0.3% to settle at $86.31 a barrel. U.S. WTI crude settled at $82.52 a barrel, gaining 0.4% day-on-day.

read more... 17/04/2023

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German grid firm Amprion plans to invest 22 bln euros over five years

German grid firm Amprion on Thursday said it plans to invest around 22 billion euros ($24 billion) over five years in its power transmission network, one of four in Europe's biggest economy, to make lines and cables fit for the transition to more renewable electricity.

read more... 14/04/2023

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Finland's Gasum targets 7 TWh of RNG annually by 2027

Finnish state-owned energy company Gasum Oy wants to pay more attention to renewable natural gas and electricity as part of its new five-year strategy and has set itself the goal of providing 7 TWh of biogas annually to the Nordic region by 2027.

read more... 11/04/2023

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Bulgaria risks €10 billion over coal addiction

Bulgaria risks losing €10 billion as politicians continue to be reluctant to carry out reforms for the Green Transition, a move that would ensure Bulgaria continues to produce polluting and expensive electricity from coal and stays uncompetitive.

read more... 07/04/2023

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