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Daily (30.03.2022): British gas prices moved upwards on Tuesday amid fears of a Russian shutdown of gas supply to the EU

Oil prices retreated on Tuesday as talks between Russia and Ukraine to end their weeks-long conflict progressed, though Moscow negotiators said a promise to scale back some military operations did not constitute a ceasefire. New lockdowns in China put additional pressure on oil prices. Hence, Brent crude declined by 2%, to settle at $110.23 a barrel. US WTI crude decreased by 1.6%, to close at $104.24 a barrel.

read more... 30/03/2022

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British nuclear plant Hunterston B to close after 46 years

Utility firm EDF has announced that it will be winding down operations at Hunterston B, one of the UK’s most productive nuclear power stations, after cracks were found in the core of its reactors.

read more... 10/01/2022

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RWE, Northland partner to develop 1.3GW offshore wind cluster in Germany

Located north of the island of Juist, in Lower Saxony in Germany, the cluster will consist of three offshore wind farms, which are expected to begin commercial operations between 2026 and 2028

read more... 07/01/2022

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Posiva applies to operate used fuel disposal facilities

Finnish radioactive waste management company Posiva Oy has submitted its application for an operating licence for the used fuel encapsulation plant and final disposal facility currently under construction at Olkiluoto. The repository - the first in the world for used fuel - is expected to begin operations in the mid-2020s.

read more... 06/01/2022

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Norway TSO Statnett confirms Oct. 1 start for NSL link to UK at reduced 700 MW

The 1.4 GW North Sea Link power interconnector from Norway to Great Britain is to start operations as scheduled on Oct. 1, Norwegian grid operator Statnett said Sept. 23 after market close.

read more... 27/09/2021

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