April 2022

Germany and Europe's dependence on Russian natural gas supplies cannot be eliminated in the short term without considerable economic damage.

Based on data from the third quarter, analysts expect to see a record 19 gigawatts of utility-scale solar and about 4 gigawatts of distributed solar installed in the United States this year.

U.S. Rig Count is up 16 from last week to 689, Canada Rig Count is down 13 from last week to 111.

Brent advanced by 16 cents, or 0.2% to $100.77 a barrel, WTI gained 35 cents, or 4%, to $96.37 a barrel.

OPEC's 13 members raised output by 60,000 b/d to 28.73 million b/d, but that was more than offset by a 160,000 b/d decline by the bloc's nine allies, who pumped 13.91 million b/d.

Novak is Russia's key negotiator in the OPEC+ group, which has resisted calls from consumers to increase production.

Up until now, Europe has not announced an energy emergency plan. However, the latest figures show that Europe's gas storage capacity is only 26% full.

Nuclear's share of energy in the UK is currently about 16%, however almost half of the country's current capacity is due to be retired by 2025 and all but one of its reactors will retire by 2030.

Microreactors are one of the three development streams identified in a joint strategic plan setting out a path for developing and deploying SMRs released by the governments of Ontario, Saskatchewan, New Brunswick and Alberta in March, and Bruce in 2020 agreed with Westinghouse Electric Company to pursue applications of Westinghouse's eVinci microreactor within Canada.

The US-Latvia FIRST project will draw on expertise from across government, industry, national laboratories, and academia for policy and technical exchanges focused on topics such as workforce development, stakeholder engagement, regulatory development, and familiarisation with advanced nuclear energy technologies, such as small modular reactors (SMRs), to support Latvia’s energy independence and security and climate priorities.