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Poland approves construction of SMR nuclear units at six sites

Poland has given the green light for the construction of 24 new small modular reactor (SMR) units across six sites, executives of the company that will build the nuclear facilities said on Thursday, as Warsaw looks to reduce its use of fossil fuels.

read more... 08/12/2023

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Daily (05.12.2023): The energy complex was bearish on Monday amid milder weather, robust LNG supply

On Monday, oil prices continued to decline for the third consecutive day following OPEC+'s announcement of new production cuts. This reaction adds complexity to the situation for the cartel, which is facing diminishing ammunition. Hence, Brent crude retreated by about 1%, settling at $78.03 per barrel, while WTI crude fell by over 1%, standing at $73.04 per barrel.

read more... 05/12/2023

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European Commission to create SMR Industrial Alliance

In response to calls from the nuclear industry, research community and nuclear safety regulators, the European Commission will establish an Industrial Alliance dedicated to small modular reactors (SMRs) in early 2024, European Commissioner for Energy Kadri Simson has announced.

read more... 08/11/2023

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EU, US, UAE Pressure Other Govts To Join Deal To Triple Renewable Energy

The United States, the European Union, and the United Arab Emirates are looking to drum up new recruits in the form of other governments to sign onto a global deal that seeks to triple renewable energy investment, according to new documents seen by Reuters.

read more... 02/11/2023

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Czechia progresses on new nuclear unit as three companies bid for contracts

The construction of a new nuclear power unit has moved forward with binding bids accepted from US-Canadian Westinghouse, France’s EDF and the Korean company KHNP, announced ČEZ’s Director of New Energy Division Tomáš Pleskač.

read more... 01/11/2023

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