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Fortum considers Nordic sites for new nuclear power

Finnish utility Fortum, opens new tab is looking at several potential sites in Finland and Sweden to build nuclear power plants with small or large-scale reactors, it said on Monday.

read more... 23/01/2024

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Daily (22.01.2024): European carbon prices rose by 1% on Friday amid the strongest auction result in five months

Oil prices retreated marginally on Friday as the market downplayed the impact of Houthi rebel attacks in the Red Sea. Diminishing expectations of interest rate cuts lent further bearish pressure to the oil market. Consequently, Brent crude ended at $78.56, while WTI crude settled at $73.41 per barrel.

read more... 22/01/2024

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Estonia plans small nuclear reactor to quit shale oil by 2030

Estonia plans to build a small modular reactor (SMR) to wean itself off the addiction to polluting shale oil and meet its target of producing 100% decarbonised electricity by 2030. A vote in Parliament is expected “in the first half of 2024,” officials say.

read more... 22/01/2024

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CIP launches new company to develop large scale offshore energy hubs

Copenhagen Infrastructure Partners (CIP) has created Copenhagen Energy Islands (CEI), a new company that will focus on developing energy islands globally.

read more... 22/01/2024

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Daily (18.01.2024): European carbon prices hit their lowest point in over two years on Wednesday amid intense selling pressure

Oil prices ended mixed for the second session in row on Wednesday as optimistic OPEC predictions tempered worries about worldwide demand for oil. As a result, Brent crude retreated by about 1% to settle at $77.69, while WTI crude edged 0.2% higher to end at $72.56 per barrel.

read more... 18/01/2024

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