EU’s push for Persian Gulf LNG set to worsen energy price inflation
The EU wants to replace Russian gas fast, adding upward pressure on prices. Germany is in talks with Qatar for LNG, but so are Asian countries.
US startup Last Energy plans to install small modular nuclear reactor in Romania
Washington DC–based Last Energy is set to demonstrate its small modular nuclear reactor technology in Romania
Energy Community Secretariat concerned over Chernobyl power cut
The Energy Community Secretariat said it is very concerned after the Chernobyl nuclear power plant in Ukraine was disconnected from the grid
Romania to extend energy price cap until March 2023, proposes bank loan moratorium
The government in Bucharest earmarked EUR 2.9 billion for mitigating the impact of electricity and gas price surge on citizens, institutions and firms
Bulgaria abandons Belene, announces new reactors at Kozloduy
The Bulgarian prime minister said that instead of Belene, the authorities will consider the possibility of building new reactors at the Kozloduy nuclear power plant
Serbia to make decision on small nuclear power plants in 2022
Zorana Mihajlović, Deputy Prime Minister, said Serbia needs new power plants and that renewable energy sources would not be enough
Germany, Belgium to close nuclear reactors despite Europe energy crisis
The move comes amid the ongoing energy crisis in Europe and the EU’s plans to recognize nuclear power as a low-carbon energy source.
Power prices reach stunning EUR 400 per MWh in Europe
Power prices reached critical levels across Europe amid a surge in costs for natural gas and an outage in France