Brookfield Renewable, together with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%. Closing of the transaction is expected in the second half of 2023, subject to certain conditions, including approval from Brookfield Business Partners unit holders and regulatory approvals.

ČEZ has plans for three new nuclear units in the Czech Republic, and earlier this year said it had allocated space at its Temelin nuclear power plant as a possible site for the country’s first SMR.

According to KEPCO, the cost for producing 1 kWh using LNG amounts to KRW170 (US$11c), compared with about KRW96 (US$7c) for coal.

To take the group private, the French government will spend €9.7bn, including transaction costs.

Russia and Brazil already have ties in the nuclear energy field with an MoU signed in 2017 by Rosatom and Brazil’s Electrobras and Electonuclear to promote cooperation in nuclear power.

RoPower Nuclear will take steps towards deploying the first NuScale VOYGR-6 (462MWe) power plant in Romania this decade.

The Bulgarian authorities have excluded from the anti-Russian sanctions the work of Russia’s Atomstroyexport (ASE) at the Kozloduy and Belene NPPs and have extended the contract between ASE and the Belene NPP

"If a decision is made to start deliveries through Nord Stream 2's line B, natural gas will be pumped into the pipeline after the integrity of the system has been checked and verified by supervisory authorities," it said.

According to preliminary data, Gazprom produced 313.3 billion cubic meters of gas from January through September 2022. This is a decrease of 17.1 per cent (or 64.8 billion cubic meters) versus the same period of last year.

The net profit amounted to RUB 2.514 trillion, which not only marks a 2.6-fold increase against the amount recorded in the first half of 2021 but also exceeds the total profit of the Gazprom Group for the two previous calendar years!

Supercritical carbon dioxide can get much hotter than steam - up to 700°C. It can potentially be used in a Brayton cycle which has the potential to be much more efficient at turning heat from power plants into energy than the traditional steam-based Rankine cycle used in today's thermal power plants.

Germany has unveiled an €8bn package, which comes in addition to prior bailout packages, with the objective to finance and acquire Uniper, as well as help it maintain operations, amid unstable gas supplies and soaring energy prices.

Deutsche ReGas has started building a 4.5 bcm/year LNG import terminal, named Deutsche Ostee, in Lubmin in the northeast of Germany.

Dutch Minister of Health, Welfare and Sport Ernst Kuipers has announced that money has been allocated for the construction of the Pallas reactor at Petten, in The Netherlands. The ministry reserves €30 million ($29.5m) for the project this year and €129 million a year from next year.

Gazprom produced 300.8 billion cubic meters of gas from January 1 through September 15, 2022. This is a decrease of 15.9 per cent (or 56.8 billion cubic meters) versus the same period of last year.