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.

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.

Chinese state broadcaster CCTV said that when taking all solar and wind generation in account, the country added a whopping 101 gigawatts of renewable energy capacity in 2021.

The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent.

U.S. commercial crude oil inventories increased by 2.4 million barrels from the previous week to 416.2 million barrels.

Brent were down 31 cents, or 0.6%, to $89.44 a barrel , WTI were down 58 cents, or 0.6%, to $86.77 a barrel.