Declining market share of the biggest energy company in individual EU statesIn many EU countries, according to Eurostat, the market share of the largest local electricity and gas producers decreased in 2022, indicating increased competition in the energy market compared to 2021. Market share…
Extra gas exports approved by the Israeli governmentThe Israeli government has approved to more than double natural gas exports to boost the economy and improve the country's energy security. Energy Minister Eli Cohen said the decision would strengthen diplomatic ties and…
ITER's new commissioning scheduleThe ITER commissioning schedule has been revised to begin operation with deuterium-deuterium fusion in 2035, followed by full magnetic power and plasma current. In the next phase, deuterium-tritium fusion will be…
The Hungarian presidency’s plans for energyHungary took over the presidency of the Council of the European Union for six months from 1st July. The Euractiv portal obtained Hungarian plans for energy, transport and the environment for their presidency. The…
Germany gets informal EU approval to support gas-fired power plantsGermany has won informal approval from the European Union to provide billions of euros to gas-fired power plants to stabilize the grid at a time of renewable energy shortages. According to Reuters, an agreement with EU…
Doosan Škoda Power to modernise Loviisa turbinesThe Finnish company Fortum has awarded a contract to Doosan Škoda Power to modernize the low-pressure turbines at the Loviisa nuclear power plant, which will increase its total installed capacity by 38 MWe and extend its…
New EU market reforms for clean and secure energyEU electricity and gas market reforms will lead to more stable energy prices, support the development of hydrogen and other decarbonised gases and improve security of supply and consumer protection.
Putin says new oil and gas pipelines to China could run side by sideRussian President Vladimir Putin said Russia could supply China with both oil and gas via a common planned route through Mongolia. During his visit to China, Putin confirmed the interest of both countries in continuing…
Hungary and China sign nuclear energy cooperation agreementA memorandum of understanding on the peaceful uses of nuclear energy was signed by the China Atomic Energy Authority and Hungary's Ministry of Foreign Affairs. This move was part of 18 agreements signed during President…
Ban on Russian uranium helps US build nuclear fuel capacityThis article describes the US measures in response to the possibility of Russia ceasing the sale of nuclear fuel. Outgoing top nuclear energy official Kathryn Huff informed Reuters of the preparations that have been been…
Turkey discussing with ExxonMobil about multibillion LNG dealTurkey is in talks with US energy giant ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas, LNG, the Financial Times has reported. Turkey is trying to reduce its dependence on Russian gas and build a…
Special European Council meeting on strengthening the EU’s competitivenessAt the special European Council meeting in Brussels the EU leaders discussed the importance of strengthening the competitiveness of the European Union and its Single Market.
