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Nuclear's share of world power output at multi-decade low
Global electricity production from nuclear energy dropped by 4% last year from 2021, with the technology's share of gross electricity generation falling to its lowest since the 1980s, an industry report showed on Wednesday.
read more... 07/12/2023
Daily (30.11.2023): Gas prices tumbled on Wednesday, driven by falling demand and a well-supplied market
Oil prices increased by about 2% on Wednesday, driven by optimistic reports suggesting that the OPEC+ alliance is contemplating additional reductions in oil production. Consequently, Brent crude settled at $83.10 per barrel, while WTI crude ended at $77.86 per barrel.
read more... 30/11/2023
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Sweden Doubles Down on Nuclear Energy with Parliamentary Approval
The Parliament of Sweden has approved a new energy bill paving the way for the construction of additional nuclear reactors beyond the 10 originally approved to boost energy security and reduce carbon emissions, Reuters reports. Sweden’s current fleet of six nuclear reactors is all that remains from 12 reactors after a 1980 referendum committed to exiting nuclear energy entirely.
read more... 30/11/2023
Portugal urged to reduce energy support measures
Portugal must reduce energy support measures as soon as possible this year and next, according to a European Commission report published on Tuesday, highlighting Portugal’s limited progress in implementing the Commission’s budgetary recommendation.
read more... 22/11/2023
Daily (14.11.2023): European spot electricity prices plummeted by 32% on Monday amid soaring wind output
Oil prices climbed on Monday, propelled by the publication of OPEC+'s monthly report aimed at mitigating "exaggerated negative sentiments" regarding the global oil demand outlook. As a result, both contracts rose by about 1.4%. Brent crude settled at $82.52 per barrel, while WTI crude ended at $78.26 per barrel.
read more... 14/11/2023