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Italy awaits EU clearance on $5.2 bln tariff to cover gas storage costs

Italy's energy authority is awaiting clarity from the European Union on whether a planned tariff to cover costs of gas storage filling, potentially worth 4.8 billion euros ($5.18 billion), is in compliance with the single market rules, two sources said on Thursday.

read more... 16/02/2024

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French Senate approves nuclear safety reform

The French Senate on Tuesday adopted a draft bill to merge nuclear safety authority ASN with technical safety body IRSN, despite opposition from unions and associations concerned with transparency in the nuclear industry.

read more... 15/02/2024

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Germany grants €3.5 billion for green hydrogen import program

Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK) has allocated €3.53 billion for the country’s hydrogen importing mechanism, H2Global Foundation, to fund future auctions for renewable hydrogen and its derivatives.

read more... 15/02/2024

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France stalling over EDF wholesale tax

The government was mulling scrapping any reference to the tax from its draft energy sovereignty bill, which it had initially planned to table at the beginning of the month but had now postponed, said the MPs from the government’s ruling Renaissance party, confirming a report in French daily La Tribune.

read more... 13/02/2024

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New reactors at Bulgarian NPP to cost up to $14 bln in total

Bulgaria's energy minister Rumen Radev said on Monday that he expects the two planned reactors at the country's Kozloduy nuclear power plant (NPP) using Westinghouse Electric's AP1000 technology to cost up to $14 billion (13 billion euro) in total.

read more... 13/02/2024

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