Elon Musk says oil and gas should not be demonizedElon Musk, the founder of electric car maker Tesla, participated in a political gathering organised by Italian Prime Minister Giorgia Meloni's Brothers of Italy party, where he said that oil and gas should not be…
EU countries reinstate nuclear as strategic low-carbon technologyIn March, the European Commission presented its proposal for a Net-Zero Industry Act, aiming to boost the technologies considered vital to reach climate neutrality by 2050. In the proposal, nuclear power was not…
EU and Japan inaugurated the JT-60SA fusion tokamakRepresentatives of the EU and Japan inaugurated the world's largest superconducting tokamak. Work on the Japan Torus-60 Super Advanced (JT-60SA) fusion device began in 2007. Construction at Japan’s National Institutes…
Brazil to further develop renewable energy sourcesBrazil has joined an agreement backed by the European Union, U.S. and United Arab Emirates to triple renewable energy globally by 2030 and shift away from using coal. Brazil is now one of roughly 100 countries that have…
Sweden plans construction of new nuclear power plantsThe Swedish government has unveiled a roadmap for the construction of new nuclear power plants with an installed capacity equivalent to at least two large-scale reactors by 2035, with up to ten new large-scale reactors…
EU Commissioner backed the launch of an industry alliance on small nuclear reactorsThe EU’s Energy Commissioner Kadri Simson backed the development of an industrial alliance on small modular nuclear reactors at the 16th European Nuclear Energy Forum in Bratislava on 7 November. In the past, the…
US solar panel manufacturing boom threatened by cheap imports from ChinaOne year ago, U.S. President Joe Biden signed the Inflation Reduction Act (climate law) which includes subsidies of roughly $370 billion to help shift the U.S. to cleaner forms of power, reduce greenhouse gases, and…
Germany is interested in importing natural gas from NigeriaGerman Chancellor Olaf Scholz visited Nigeria with the aim of strengthening bilateral relations with Africa's largest economy. Germany sees Nigeria as a key partner in Africa, politically and economically. Nigeria is…
European Council agrees on electricity market reformFollowing months of negotiations, the European Council has agreed to include existing nuclear power plants in the EU’s electricity market reform. The reform aims to "make electricity prices less dependent on volatile…
Bulgaria will charge huge transit fees on Russian gasRepresentatives of Serbia and Hungary have reacted strongly to Bulgaria’s decision to introduce new, huge transit fees of €10.2 per MWh of Russian natural gas passing through the Bulgarian extension of the Turkish Stream…
Oil prices jump after clashes between Israel and HamasOil prices surged more than 2% on Monday, October 9th, as military clashes between Israel and Hamas ignited fears of a wider conflict in the Middle East. The surge in oil prices reversed the previous week's trend in…
Democratic Republic of the Congo wants to move up the battery supply chainAt the end of September, a special conference on battery metals called DRC-Africa Battery Metals Forum took place in Kinshasa, the capital of the Democratic Republic of the Congo (DRC). Congo currently accounts for about…
