EDF Considers Selling US Renewable Unit to Focus on French Nuclear
French state-owned utility EDF is considering selling all of its U.S. renewable energy business, its CEO said on Wednesday, as the company focuses on building up its domestic nuclear operations and U.S.
German spot price drops by 200 Euros on cold, still weather
German spot power prices for Tuesday increased on the expectation of a sharp decline in wind power supplies, while colder temperatures will increase demand for heating. The…
US EXIM will invest $100 billion in order to secure vital mineral supplies, FT reports
John Jovanovic, chair of the U.S. Export-Import Bank, told The Financial Times that the bank will invest $100 billion in order to secure U.S. supply chains and those of its allies for essential minerals…
Prices fall quickly on French nuclear and wind supply
The European spot power price fell on Tuesday. However, the German day-ahead rate remained at an enormous premium to France. LSEG analyst Xiulan he said that a pronounced increase…
Colder weather increases demand for spot prices
The European spot electricity prices rose for Tuesday on the expectation that colder weather forecasts will increase demand for heating. LSEG data shows that the German baseload…
French and German electricity prices will be affected by the diverging wind trends on Monday
French and German power rates are expected to diverge on Monday. Higher wind generation is expected to pressure German spot prices, while higher demand combined with lower wind…
German spot bids lower due to renewable gains. France pauses
German power prices fell early on Tuesday due to a rising renewable supply in the region. Meanwhile, France observed its Armistice Day, which curtailed trading activity. At 0840 GMT…
Demand increases and spot prices increase sharply as renewables decline.
The price of European prompt electricity rose on Wednesday as the wind and solar energy generation declined while the colder weather pushed up demand. Riccardo Paraviero, LSEG analyst…
French spot prices drop on increased wind and nuclear energy supply
The spot price of electricity in France for Tuesday dropped due to an increase in the supply of wind energy and increased nuclear availability. LSEG data shows that the French…
German Wind seen increasing on Monday as Demand Falls
On Monday, Germany will have a strong wind supply and lower electricity demand. In France, the demand is also predicted to fall at a rate slightly greater than that of wind output.
Spot prices are affected by the increased supply of wind and nuclear energy
The European power price fell on Wednesday, as the availability of nuclear and wind generation increased while demand was flat. The LSEG analysis concluded that the thermal…
Prime Minister says nuclear power and perovskite as Japan's energy sources are important
Sanae Takaichi, the Japanese prime minister, told the parliament on Friday how important it is for Japan to have its own sources of energy such as nuclear power and solar cells made from perovskite.
South Africa plans to revive its small-nuclear reactor technology
The electricity and energy Minister said that South Africa expects its Pebble Bed Modular Reactor to be removed from the status of care and maintenance by the first quarter next year, or even sooner.
The new Japanese Prime Minister's energy policies puts nuclear power at the heart of their policy
Sanae Takaichi, the new Japanese prime minister, is expected to press for a rapid revival of nuclear energy to combat inflation, which has been a major source of discontent amongst the public.
New Japan PM's energy policies focuses on nuclear power
Sanae Takaichi, the new Japanese prime minister, is expected to press for a rapid revival of nuclear energy to combat inflation, which has been a major source of discontent amongst the public.
Minister: France will not abandon the climate goals of the World Bank
Eleonore Caoit, France's new development minister, said that France would continue to press the World Bank for its climate finance agenda in spite of the pressure from the Trump administration to abandon it.
Japan's conventional solar stock tumbles after Takaichi victory
After a party vote that positioned Sanae Takaichi as the next Prime Minister, shares of the Japanese renewable energy company Renova fell more than 11% Monday. The sudden drop…
Vistra signss deal to supply nuclear energy from Texas plant
Vistra Corp announced on Monday that it had secured a long term deal with an unnamed buyer to supply electricity from its Comanche Peak Nuclear Plant. In a regulatory filing…
Sources say that India is considering a nuclear liability fund to cover major accidents.
Two government sources have confirmed that India is planning to create a nuclear liability funds to cover accident payments in excess of 15 billion rupies ($169 million), owed by plant owners.
Vistra CEO Burke to receive $340 million in compensation amid revival of fossil fuels and nuclear energy
Vistra CEO James Burke will receive approximately $340 million in compensation for his role in bringing the Texas-based utility out of bankruptcy and into the spotlight as the…