The Council of the European Union (council of EU Ministers) has decided to exclude financing for nuclear or fossil projects

Amprion (Germany) intends to invest €15.2bn by 2028, compared with €5.2bn in 2009-2019.

European industry and refineries already use roughly 8 million tonnes of hydrogen each year, but most of this is “grey” hydrogen, a version made from natural gas in a process that produces planet-warming emissions.

The dollar traded near a two-week high against a basket of currencies

The pan-European STOXX 600 index rose 2.2%, recovering from a slump in the past few sessions that was fuelled by grim forecasts of an economic rebound from the COVID-19 pandemic and a resurgence in infections in the United States and Beijing.

"26% of the electricity produced in the EU comes from nuclear energy and it remains the largest source of low-carbon electricity. However, 50% of the EU’s electricity mix is still based on historic CO2-emitting fossil fuel technologies and these must be replaced by new low-carbon sources as the EU transitions to a carbon neutral economy by 2050.

The 2030 target will become for the electricity sector to secure 70% from renewable energy. This will be coupled with energy efficiency measures reducing consumption by at least 35% over the same period.

The pan-European STOXX 600 rose 1%

Demo will be a pre-industrial nuclear fusion reactor based on the knowledge acquired through the Joint European Tourus (JET) and ITER experiences.

Brent were down 2%, or 71 cents at $34.03 per barrel, WTI were down 3%, or 98 cents, at $31.83 a barrel