Latest news
Daily: European prompt power prices tumble on stronger supply, nuclear reactor return
Crude oil prices curbed losses to close slightly higher on Monday as a short-covering ahead of the front-month contract expiration in U.S crude spurred the market weakened by concerns about increasing gasoline stockpiles. Initially, oil prices were also influenced by worries about the potential fallout from the Greek debt crisis, counterbalancing positive impact from a stockpile draw at the Cushing, Oklahoma. Brent crude rose by 32 cents, or 0.5 percent, to settle at $63.34 a barrel, after easing almost $1 earlier. WTI crude boosted 7 cents, or 0.1 percent, to close at $59.68 a barrel, as its front-month July contract expired.
read more... 23/06/2015
South Korea to develop two 3,000 MW nuclear plants to cut coal reliance
The South Korea Government envisages increasing its nuclear reactor fleet by two more units, as the country wants to get rid of coal power and to focus on technologies with lower greenhouse gas emissions.
read more... 15/06/2015
Hungary unearths its nuclear deal with Russia
Hungarian government has confirmed a deal with Russia under which the Russian nuclear company Rosatom will set up two nuclear reactors at the Paks nuclear power plant.
read more... 08/05/2015
Sweden: Vattenfall to cut jobs, close nuclear reactors
Hurt by decreased electricity, Vattenfall will slash 1,000 jobs and close its two oldest nuclear reactors earlier than intended, as stated by the Swedish state-owned utility on Tuesday.
read more... 29/04/2015
Westinghouse wants to continue negotiations over Bulgarian nuclear project
Electrical engineering group Westinghouse has decided to continue negotiations with Bulgarian authorities over the building of a nuclear reactor, after the expiry of a deadline for settling an agreement to construct the unit.
read more... 03/04/2015