The auction for large renewable projects (>1 MW), with 3,897 MW of capacity available, attracted 108 bids totalling 1,352 MW and only 84 bids totalling 1,093 MW were admitted (28% of the available capacity).

Brent futures contract was up $1.30/b (1.44%) from the previous close at $91.33/b, WTI rose $1.21/b (1.39%) at $88.03/b.

Oil, gas and resources companies, and trading desks, are fretting about the provisions around sanctions on Russian extractive industries, financial institutions and banks, Russian leaders and businessmen, and the use of global services, such as wire transfers.

Nuclear power plants may also be affected by extreme natural events, such as earthquakes, tornados, volcanic activity, ice storms and flooding. In rare circumstances, these events can be extreme enough to exceed the design capacity of a nuclear power plant.

For six months now, the EC has been in possession of the scientific verdict that nuclear energy is a sustainable energy source that can make a significant contribution to mitigating climate change.

China aims at establishing a national trading system by 2030, which would include all renewable power producers.

The Japan Atomic Energy Agency (JAEA), Mitsubishi Heavy Industries (MHI) and Mitsubishi FBR Systems (MFBR) yesterday signed a Memorandum of Understanding (MoU) with TerraPower of the USA to cooperate on the development of sodium-cooled fast reactors. TerraPower - founded by Bill Gates - is developing the Natrium sodium-cooled fast reactor.

This duplication of generating capacity increases electricity infrastructure investment, thus increasing required return on investment and consumer electric rates.

most of the growth was seen in energy sustainability, digital transformation, renewable energy, and electrification of transportation.

U.S. Rig Count is up 6 from last week to 610 , Canada Rig Count is up 5 from last week to 217.

Brent climbed 57 cents, or 0.6%, to $89.91 a barrel , WTI rose 54 cents, or 0.6%, to $87.15 a barrel.

Россия сохраняет позиции крупнейшего поставщика природного газа в Венгрию, ежегодно добросовестно и чётко выполняя принятые на себя контрактные обязательства перед венгерскими партнёрами, подчеркнул вице-премьер в ходе разговора.

Global coal prices have shot back towards record highs as the Ukraine crisis raises expectations that European buyers will start loading up on the fossil fuel for fear that a standoff between Russia and western nations will cut off gas supplies.

In 2021, the Government Pension Fund Global returned 14.5 percent, equivalent to 1,580 billion kroner.

China currently implements a "dual control mechanism" under which provinces are given targets for total energy consumption and energy intensity, which is the amount of energy consumed for each unit of GDP growth.