OECD: Nuclear and onshore wind are the cheapest ways to meet Sweden's energy needs
The OECD Nuclear Energy Agency stated on Wednesday that expanding nuclear and onshore winds power was the cheapest option for 'Sweden' to meet its surging electricity demands, with no?place left for offshore wind.
US provides historic $26.5 billion loan to Southern Co subsidiaries
The?U.S. The Energy Department announced on Wednesday that it has provided a loan of $26.54 billion to'subsidiaries' of Southern Co in order to improve grid reliability. This…
First Solar shares fall after poor sales forecast amid policy uncertainties
On Wednesday, shares of First 'Solar' fell 12.8% and reached their lowest level since September last year. The company had forecast sales that were below Wall Street estimates due to uncertainty in the U.S.
First Solar shares fall after weak sales forecast amid policy uncertainties
First Solar shares fell 16.7% on Wednesday in premarket trade after the company predicted annual sales below Wall Street expectations due to uncertainty and delays caused by the Trump administration's U.S. policies.
French spot prices rise as wind power production falls
On?Monday the French spot power contract increased, buoyed primarily by falling wind 'power output in Germany. LSEG data shows that the French baseload day-ahead power was 33.25 euros ($39.23)…
EDF, France's EDF, aims to boost electricity demand while low prices hurt profit
EDF, the French state-owned utility, expects its profit to fall again this year due to low electricity prices. This will put pressure on EDF ahead of major investments in its nuclear reactor fleet.
EDF's costs are higher due to oversupply of electricity
EDF, the French nuclear operator, said that it would have to increase its maintenance costs by around 1.5 million euros to 3.75 millions euros per year because it has to reduce…
As gas prices fall, forward-curve contracts also fall.
Early trading on Monday saw European forward-curve electricity contracts fall, following lower benchmark gas contracts. At 0952 GMT the German baseload price was down 1.9% to 76.95 Euros per Megawatt-hour…
Triso-X can use HALEU uranium to make reactor fuel
The U.S. Nuclear?power regulator announced on?Friday that it had issued a license to?Triso X for the use of a more-enriched uranium, known as HALEU, for making a fuel for high-tech commercial nuclear reactors.
Spanish grid blackout risks remain, Endesa CEO says
The widespread 'blackout' that affected Spain and Portugal last year could be repeated under similar circumstances, according to the CEO of Endesa, who blamed the Spanish grid operator REE, for the outage.
Vattenfall: Swedish nuclear plans require direct state investments
Vattenfall, the state-owned utility, said that the Swedish government will be forced to invest directly in new nuclear projects due to the large financial commitment. Right…
Count down to CMA Shipping 2026
The count down is on for this year’s CMA Shipping 2026 conference and exhibition taking place from 10–12 March 2026 at the Hilton Stamford Hotel in Stamford, Connecticut. Organised…
Prices on Monday will rise due to higher demand and reduced wind energy generation
The European day-ahead electricity prices will likely rise on Monday due to a?increased consumption and a sharp decline in?wind energy generation. LSEG data shows that the German…
Turkey claims that Russia provided $9 billion to it for the Akkuyu Nuclear Plant
The Turkish energy minister announced that Russia has provided $9 billion in new financing for the Akkuyu nuclear power plant, which is being built by Rosatom, the state-owned nuclear energy company of Moscow.
French baseload prices jump as the wind is expected to decrease, German prices lag
The French baseload contract increased on Tuesday as a result of expectations for lower wind power, higher demand, and a strike in the country's coal-fired power plants. Meanwhile…
The UK National Wealth Fund has set its sights on carbon capture, batteries, and hydrogen as a way to boost growth
The National Wealth Fund of Britain announced on Wednesday that carbon capture, power grids and battery manufacturing will be among ten'sector' it will concentrate on in the…
French spot is a clear winner over surging wind power
European prompt electricity prices fell on Friday as more sunshine and gusty winds were predicted and nuclear'supply increased amid icy weather conditions. Winter weather in Europe is severe…
French electricity prices drop as wind power increases
On Monday morning, the French spot day-ahead power price fell on expectations of increased wind power production. In Germany, however, prices are rising due to less wind output.
Japan will increase public funding for nuclear power renewal
Japan has announced plans to increase public funding for its crippled nucleopower sector. This is essential, say experts, to kick-start an industry that was previously financed by utilities owned by shareholders.
US cuts or revises nearly $84 Billion in Energy Loans
The Trump administration announced on Thursday that it will be restructuring or eliminating approximately $84 billion worth of clean energy?projects which were funded by the…