EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.

IEA - Switzerland has the lowest carbon-intensity of its energy supply among all IEA countries thanks to a largely carbon-free electricity sector dominated by hydro and nuclear generation. However, with the country’s 2017 decision to gradually phase-out nuclear power, Switzerland faces a considerable energy-sector transition in coming decades.

WNN - The electrification of transport could potentially offer many opportunities for nuclear generation, Brandon Munro told the World Nuclear Association Symposium 2018 in London.

WSJ - A California utility is seeking permission to have a company build the world’s largest battery, joining a growing list of power companies investing in storing electricity. Pacific Gas & Electric Co., part of PG&E Corp. , detailed plans for four storage projects totaling nearly 570 megawatts in a Friday filing to regulators, including a 300-megawatt battery installation at a natural-gas-fired power plant owned by Vistra Energy Corp.

IAEA - “Nuclear technology helps countries to produce more food, generate more electricity, treat diseases such as cancer, manage water supplies, protect the seas and oceans and respond to climate change — and much more,”

WNN - An experienced nuclear country like the UK should aim to have nuclear accounting for around 50% of its electricity mix, according to World Nuclear Association Director General Agneta Rising.

ROSATOM - Following 2017, a share of electricity production by Russian nuclear power plants has increased up to 18.9%.

General Electric Co. closed its deal to combine its long-suffering energy business with Baker Hughes Inc. on Monday, creating one of the largest companies in the oil-field services industry.

- Combination creates an unparalleled company positioned to deliver value for customers and investors - GE to own 62.5% and Baker Hughes shareholders to own 37.5% of the “New” Baker Hughes - GE to contribute $7.4 billion to fund the $17.50 per share special dividend to existing Baker Hughes shareholders