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Is Westinghouse $7bn Acquisition a Sign of Nuclear’s Revival?
Cameco Corporation and Brookfield Renewable Partners are forming a partnership to acquire US nuclear services business Westinghouse Electric Company, signaling …
United Kingdom
UK Renewables and Nuclear Generators Face Windfall Tax as Government U-Turns Again
Westminster is trying to break the link between high gas prices and electricity revenue.
Nuclear Giant Westinghouse Acquired by Renewable Power Company and Uranium Fuel Supplier
A consortium comprised of Brookfield Renewable Partners, together with its institutional partners, and Cameco Corp. announced on Oct. 11 an agreement to acquire…
Natural Gas
Natural Gas Prices in Europe Fall to a Three-Month Low
On Monday, Europe’s natural gas prices fell to the lowest level in three months thanks to mild weather and a high level of LNG imports.
Wind Turbine
Xinjiang’s Largest Wind Turbine Lifted into Place
A 6.7-megawatt wind turbine was lifted into its place in northwest China’s Xinjiang Uyghur Autonomous Region on Thursday, with electrical lines commencing inst…
India
India's Fuel Demand Slips to 10-Month Low in September
India's monthly fuel demand in September was at the lowest since November 2021, government data released on Friday showed.
Nuclear Reactor
Nuclear Electricity Generation Share Drops to Lowest Value in 4 Decades
This is despite the 3.9% increase in the produced electricity.
Nuclear Fusion
Site of UK’s First Fusion Energy Plant Selected
As part of the Spherical Tokamak for Energy Production (STEP) programme, the UK government has selected the West Burton power station site in Nottinghamshire to…
Natural Gas
German Jan-July Gas Import Costs Surge 164% As Imports Drop 25.5%
The July statistics from Germany's foreign trade office BAFA are the fifth to reflect the impact of the war in Ukraine, which began on Feb. 24, and Western sanc…
California Utilities Propose Hydrogen Blending Demonstrations
Southern California Gas, San Diego Gas & Electric and Southwest Gas have filed a joint hydrogen blending proposal with the state Public Utilities Commission (PU…
Natural Gas
Why Western Canada Has Some of the Cheapest Natural Gas in the World
Despite soaring global demand for natural gas, Canadian producers are struggling with volatile prices and deep discounts at Alberta's AECO hub, one of the large…
Crude Oil
U.S. Emergency Oil Reserves Tumble to Lowest Since 1984
U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of En…
Smart Meter
Smart Meters Set to Transform Into Grid-Edge Computing Devices – Whitepaper
According to a new whitepaper from Guidehouse Insights, there is an extensive base of smart meters set for upgrade and replacement over the coming decade in bot…
Electric Car
Belgium Orders 4,400 Public EV Charge Points Over Next Two Years
TotalEnergies has been selected to install up to 4,400 public charge points in the West Flanders and Flemish Brabant regions of Belgium over the next two years.…
Crude Oil
Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984
Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy.
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