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Franco-British partnership to develop fourth-generation nuclear technology
UK company Newcleo and French company NAAREA are set to form a strategic partnership to accelerate the development of their fourth-generation nuclear technologies, the two announced in an interview with Euractiv France, AFP and Le Figaro on Tuesday (16 January).
read more... 16/01/2024
Britain to invest 300 million pounds in next-generation nuclear fuel programme
Britain said it plans to spend 300 million pounds ($380 million) on a new programme to produce advanced nuclear fuel suitable for the next generation of power-generating reactors, seeking to dislodge Russia as the main international supplier.
read more... 08/01/2024
UK fossil fuel use drops to lowest level since 1957
A new report has revealed that UK electricity generation from fossil fuels has fallen to the lowest level since 1957. Analysis from Carbon Brief, published on 3 January, shows a 22% year-on-year drop in fossil fuel usage in 2023, meaning fossil fuels account for just 33% of the UK’s energy mix.
read more... 04/01/2024
Daily (27.12.2023): European spot electricity prices rocketed amid weaker wind generation
Crude oil prices surged more than 2% on Tuesday, hitting their monthly peak. The increase was due to fears of shipping disruptions following further Red Sea ship attacks and hopes of interest rate cuts boosting economic growth and fuel demand. Hence, Brent crude traded at $81.07 a barrel, while WTI crude traded at $75.57 a barrel.
read more... 27/12/2023
Renewables Top 50% Share of Germany’s Power Demand for The First Time
Renewable energy sources accounted for nearly 52% of Germany’s gross electricity consumption this year, making up more than half of the country’s power generation and power consumption for the first time ever, preliminary estimated by industry groups showed on Monday.
read more... 19/12/2023