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Major nuclear projects will have to wait longer for delayed EIB financing

The European Investment Bank (EIB) dealt a major blow to the nuclear industry at last week’s International Nuclear Energy Summit in Brussels, when it dithered over the industry’s request for more funding for nuclear projects, but confirmed that investment in renewable energy will remain a priority until 2030.

read more... 26/03/2024

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Romania expects €5.5bn price tag and 2025 final investment decision for small modular reactor

Romania is seeking to deploy ‘small modular reactor’ (SMR) technology as part of its drive to reduce greenhouse gas emissions and its energy minister Sebastian Burduja said this week that a final investment decision will be taken in 2025 for a new nuclear power plant in Doicești.

read more... 25/03/2024

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German wind power sector welcomes government offshore terminal funding

The German Offshore Wind Energy Foundation said the government's decision to help fund the expansion of an offshore terminal is important to achieve expansion goals for wind energy at sea.

read more... 25/03/2024

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Commission presents parliament with Energy Charter Treaty exit plan

The European Commission’s plan to withdraw the bloc from the Energy Charter Treaty while allowing member states the right to remain if they choose was presented to Parliament on Thursday (21 March).

read more... 22/03/2024

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Terna to invest €16.5bn to strengthen electricity network in Italy

Italian power grid company Terna has announced plans to invest €16.5bn over the next five years to support Italy’s integration of renewable energy sources.

read more... 21/03/2024

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