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UK to invest extra $1.7 bln in Sizewell C nuclear power station

Britain will invest an extra 1.3 billion pounds ($1.65 billion) in the Sizewell C nuclear power station in southeast England, the government said on Monday, making it the majority shareholder in the project.

read more... 24/01/2024

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Brussels clears French ‘green’ state aid worth over €8 billion in just one month

According to EU figures released this week, the European Commission has approved more than €8 billion in French state aid to decarbonise industry and develop renewable energies in just one month.

read more... 12/01/2024

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EDF plans new investment and extensions for UK nuclear fleet

EDF Energy has announced it will invest a further GBP1.3 billion (USD1.7 billion) in the UK's five operating nuclear power plants over the next two years and plans to further extend the lives of the four operating Advanced Gas-cooled Reactor (AGR) plants.

read more... 10/01/2024

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EC clears EUR-2.9bn French tax credit scheme for green industries

The European Commission (EC) on Monday approved, under state aid rules, a EUR-2.9-billion (USD 3.17bn) French tax credit scheme to support the production of solar panels, batteries, wind turbines and heat pumps, as well as associated key components and critical raw materials.

read more... 10/01/2024

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France unveils draft ‘energy sovereignty bill’, with emphasis on nuclear

The “draft bill on energy sovereignty”, which could still change before its final presentation in the coming weeks, lays out France’s energy objectives for 2030.

read more... 09/01/2024

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