Spain's demand for electricity is increasing as renewables set records
According to Red Electrica's estimates, the amount of electricity consumed in Spain increased this year, after two years of decline. A record 56% came from renewable sources, such as solar and wind.
AI's hunger for energy fuels geothermal startup but rivalry over natgas clouds the future
The number of geothermal energy startups is on the rise, as Big Tech companies look to power their AI data centers with natural gas. However, long-term investment remains uncertain…
Nuclear roadblock to EU's new renewable energy target
On Monday, pro-nuclear countries expressed their opposition to the European Union's plans for a renewable energy goal. They said they would not support a goal which excluded atomic energy.
Blockchain enables firms to offer physical uranium for sale to small investors
On Tuesday, a blockchain platform and an uranium company launched a market to allow small investors buy physical uranium. They hope to increase spot liquidity for the niche commodity.
Chris Wright, CEO of the oil industry, is appointed Energy Secretary by Trump
Donald Trump, the President-elect, announced on Saturday that Chris Wright, an oil and gas executive who is a staunch supporter of fossil fuels, will be his choice to lead the Department of Energy.
The future EU energy chief says he will speed up the end of Russian gas imports
Dan Jorgensen wants to end the EU's dependency on Russian fossil fuels as soon as possible, he said at a Tuesday parliamentary hearing. Ursula von der Leyen, President of the European Commission…
Sweden rejects 13 Baltic Sea Wind Farms, citing defense concerns
The Swedish government announced on Monday that it has rejected 13 applications for offshore wind farms to be built in the Baltic Sea because of defence concerns. However, it…
TerraPower has held informal discussions with Turkey and other countries about small reactors
TerraPower, the Bill Gates backed company that is looking to build small modules reactors for nuclear power, has held informal discussions with several countries in Europe including Turkey.
Chubu Electric, Japan, plans to increase its investment in renewable energy and SMR overseas
A company executive revealed that Chubu Electric Power, Japan, plans to invest further in overseas decarbonisation projects, such as renewable energy, small-modular reactors (SMRs)…
Prompt prices jump on declining wind, nuclear output
The wholesale European spot electricity price soared on Thursday due to a decline in the supply of wind and nuclear energy in the days ahead. LSEG data shows that the French…
France will stick to its wind energy development targets
The French government is targeting a growth rate in onshore wind energy of 1.5 gigawatts per year, said Energy Minister Olga Givernet on Wednesday. This would be in line the…
New Industry Minister: Japan will keep nuclear but boost renewables as part of its energy mix
Japan will continue to restart nuclear power plants safely and use as much renewable electricity as possible, said Industry Minister Yojimuto on Wednesday. This indicates that…
El Pais: Incoming EU Antitrust Chief Ribera plans on relaxing antitrust laws
According to a Thursday interview with the Spanish newspaper El Pais, Europe's new antitrust chief Teresa Ribera intends to relax competition rules in order to strengthen European industries.
Lower renewables output lifts spot prices
German renewable energy generation is expected to fall on Wednesday. Marcus Eriksson, LSEG analyst, says that residual load will increase in Germany Wednesday. Exports are expected to peak at mid-morning…
Best estimate of the new Swiss nuclear dawn is decades away
Energy experts and politicians warned that bringing new nuclear power plants online in Switzerland would take decades because of the many political and financial obstacles.
Lobby says proposed price for Polish offshore Wind auctions is too low
The wind lobby in Poland said that the proposed price of wind power for new Baltic Sea projects was too low, and could undermine development and government goals. The climate…
Deese, a Harris advisor, calls for a Marshall Plan on clean energies
Brian Deese is an adviser to Vice President Kamala's presidential campaign. He called for a program that would lend money to allies to purchase green energy technologies in…
Pakistan and China Sign $4.8 Billion Nuclear Power Plant Deal
Pakistan and China signed a $4.8 billion deal on Tuesday to build a 1,200-megawatt nuclear power plant, Prime Minister Shehbaz Sharif said, hailing the investment by a country…
Molten Salt Reactors: Maritime’s Nuclear Option
A race is being run by nuclear scientists and ship designers. The prize? “Decarbonization’s” holy grail — believed to be a “small” thorium-fueled, molten-salt rector’s unlimited power to propel sea trade.
Xodus: A Rapid Pivot to Gas Needed
Xodus Group launched a new analysis showing that a rapid pivot to gas will be required to deal with rising global energy demand.In contrast to some recent future energy scenarios…
