Europe’s largest economy went into lockdown in March, with many firms halting production and shops closing. It is now facing its worst recession since World War Two after the economy contracted by 2.2% in the first quarter.

The German government formally adopted its long-anticipated national hydrogen strategy

the research and innovation needed for nuclear energy to play a significant role in the Britain's future low-carbon and secure energy mix,

Since the start of the year, renewable energy has accounted for 30% of the UK’s electricity, fossil fuels for 35% and nuclear for 18%.

Hydrogen, the universe's most abundant particle, has often been touted as a way to power vehicles and energy plants, but it is just too expensive.

Britain's FTSE 100 slipped 0.3% and AstraZeneca shed 3%.

Oil companies, including Norway’s state-controlled Equinor, have said they intend to reduce both operating and capital spending in order to preserve cash during the downturn.

"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.

The UKAEA programme hopes to design and build the world’s first compact fusion reactor by 2040.

the UK Department for Business, Energy & Industrial Strategy (BEIS) needs to decide by July 1 whether the 2.4-GW Hornsea Three project and the 1.8-GW Norfolk Vanguard development can proceed.

The euro last fetched $1.1178, up 0.4% on the day , after rallying to $1.1185, its highest since March 17.

France imposed one of the Europe’s strictest lockdowns in mid-March and only began removing restrictions on May 11