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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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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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Multi-billion offshore wind project receives green light

The Orkney Islands Council’s Development and Infrastructure committee has endorsed the offshore plans for the West of Orkney Windfarm, situated 30 kilometres west of the Orkney Mainland and 25km north of the Sutherland coast.

read more... 12/02/2024

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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

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Germany outlines $17 bln plan to subsidise gas-to-hydrogen shift

Germany's government has agreed plans to subsidise gas power plants that can switch to hydrogen, the economy ministry said on Monday, with a price tag of $17 billion in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation.

read more... 06/02/2024

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