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Germany To Replace Nuclear With Natural Gas Plants for $16B
Last April, Germany shut down its last three nuclear power stations, marking the end of the country’s atomic age. The controversial decision came at a time when Europe and the German public was beginning to warm up to nuclear energy in the wake of the continent's energy crisis following Russia’s invasion of Ukraine.
read more... 12/02/2024
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UK nuclear fusion reactor sets new world record for energy output
The UK’s JET machine, one of the world’s biggest and most powerful fusion reactors, achieved a new record for energy output on Thursday during its last run before being permanently shut down.
read more... 12/02/2024
Daily (08.02.2024): Gas and power forward prices declined on Wednesday amid a comfortable supply outlook
Oil prices extended gains on Wednesday, in a market that saw no improvement in the situation in the Middle East. Despite a sharp build in US crude oil inventories, Brent crude settled at $79.21 while WTI crude stood at $73.86 per barrel, with both contracts posting a 1% increase.
read more... 08/02/2024
EU agrees law to boost Green industry at home
The European Parliament and national governments have agreed to boost domestic production of green technologies, such as solar modules and wind turbines, expanding the list to include nuclear power but shying away from excluding Chinese manufacturers for most public subsidies
read more... 07/02/2024
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Wind power outpaced gas plants in Europe for the first time in 2023
Wind power production outpaced gas plants in Europe for the first time last year as fossil fuel electricity generation plummeted, cutting the region's carbon emissions, data from think-tank Ember showed.
read more... 07/02/2024