Trends
2023, January, 27, 10:00:00
THE NEW FRANCE'S NUCLEAR
Nuclear currently accounts for almost 75% of France's power production, but former president Francois Hollande's government announced in 2014 that this would be capped at the current level of 63.2 GWe and would be limited to 50% of total output by 2025.
2023, January, 25, 10:25:00
U.S. ENERGY WILL UP
According to the latest issue of FERC's monthly "Energy Infrastructure Update" (with data through November 30, 2022), "high probability" additions by solar to U.S. generating capacity between December 2022 and November 2025 will total 72,809 megawatts (MW).
2023, January, 25, 10:20:00
THE NEW U.S. URANIUM PLANT
The new "state-of-the-art mineral processing plant" will be designed and constructed to recover uranium, vanadium and cobalt from ore from Western's mines and that produced by other miners.
2023, January, 25, 10:15:00
U.S. POWER GRID PROBLEMS
The significant changing consumption needs and generation patterns are causing significant concerns that existing ageing infrastructure is becoming a major source of risk to power grid safety, reliability and financial exposure and in failing to deliver power on the expected 24 x 7, we need.
2023, January, 20, 10:55:00
THE NEW BULGARIAN NUCLEAR
The aim of the energy strategy is for Bulgaria "to remain a leader in the production and export of electricity in the region".
2023, January, 18, 11:40:00
U.S., UAE RENEWABLE INVESTMENT $20 BLN
The UAE government has also announced that it will invest US$30bn in South Korea’s nuclear power, defense, solar, and hydrogen industries. The investment will come from sovereign wealth funds, which include the UAE’s Mubadala Investment Company.
2023, January, 11, 11:25:00
BELGIAN NUCLEAR EXTENSION
However, in March last year the Belgian government decided to start talks with Electrabel - the Belgian subsidiary of Engie - with a view to extending the operation of Doel 4 and Tihange 3, allowing for the retention of 2 GWe of nuclear generation capacity.
2023, January, 11, 11:20:00
U.S., JAPAN NUCLEAR DEVELOPMENT
DOE noted the significance of the Government of Japan’s announcement of its “Draft Future Nuclear Energy Direction and Action Guidelines” in December 2022.
2023, January, 11, 11:15:00
U.S. TRANSPORTATION DECARBONIZATION
“The domestic transportation sector presents an enormous opportunity to drastically reduce emissions that accelerate climate change and reduce harmful pollution,” said U.S. Secretary of Energy Jennifer M. Granholm.
2023, January, 9, 12:20:00
GLOBAL ENERGY TRENDS 2023
Electric utilities are facing a future of increased competition, disruptive technologies, and changing customer demands.
2022, December, 27, 12:50:00
JAPAN'S NUCLEAR MAXIMUM
Under the new policy - which describes nuclear power as "a power source that contributes to energy security and has a high decarbonisation effect" - Japan will maximise the use of existing reactors by restarting as many of them as possible and prolonging the operating life of aging ones beyond the current 60-year limit.
2022, December, 19, 11:55:00
EUROPEAN GAS MARKET: DISTORTED
Russia's war against Ukraine that started in February has exacerbated gas prices. But the excesses of the TTF had already been detected before, with rises of more than 700% in 2021.
2022, December, 16, 12:40:00
GLOBAL OIL DEMAND UP BY 2.3 MBD
The IEA predicts oil demand will rise by 2.3 million b/d in 2022 and by a further 1.7 million b/d in 2023, noting the contrast between strong gasoil and diesel use, especially in non-OECD economies, and weak petrochemical consumption in Europe and Asia.
2022, December, 5, 11:55:00
OPEC + RUSSIA STABILIZE THE MARKET
the Participating Countries reiterated their readiness to meet at any time and take immediate additional measures to address market developments and support the balance of the oil market and its stability if necessary.
2022, December, 5, 11:35:00
U.S. TWIN ENERGY CRISIS
The sweeping push to replace fossil fuel plants with clean energy is forcing US power grids to the brink of a twin crisis, making electricity unaffordable while raising the specter of more frequent blackouts, a member of the Federal Energy Regulatory Commission said.