Around 70% of French electricity is derived from the splitting of atoms, and no other country produces more nuclear power per capita. More than a means of keeping the lights on, France’s prowess in the […]
On Wednesday oil prices plummeted, as global benchmark Brent crude fell below $90 per barrel, and American benchmark West Texas Intermediate (WTI) landed at around $85 per barrel. According to data from London’s Intercontinental Exchange, […]
Germany may not be able to replace all its imports of Russian natural gas this winter and might have to resort to nuclear power to plug part of the gap, the nation’s two most powerful […]
Agnès Pannier-Runacher said the government is taking steps to “avoid restrictive measures” over energy use in the peak winter cold season, following a special government meeting over energy issues. France relies on nuclear energy for about 67% […]
OilPrice.com has always been a lefty sort of website. It doesn’t much like oil and natural gas and is very friendly to “green”energy. It is now, in fact, bemoaning the grid’s inability to accommodate all that […]
According to S&P Global data, for the first time in a year and a half, France’s economic output is declining, following in the steps of Germany. S&P Global tracked a gauge of French private sector […]
EDF has filed a legal claim for Eur8.34 billion ($8.54 billion) compensation from the French state for the additional allocation of 20 TWh electricity to be sold in 2022 at the regulated ARENH price, the […]
Europe’s push towards greener energy has sparked a debate over the viability of nuclear power. The EU Parliament voted in favor of EU rules that would determine investments in nuclear and certain gas projects as […]
Crude oil prices tumbled overnight Tuesday as growing COVID-19 cases in China increased ongoing worries of an economic slowdown, both fueling fears of demand destruction, Australia’s ANZ Bank said in a Wednesday note. The prospect […]
Three decades ago, Europe decided to open up its energy markets to foster competition, a move meant to bring lower prices for consumers across the continent. Fast forward to 2022, and bills have ballooned while […]
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