Veolia, via its Hungarian subsidiary, has signed an agreement with Uniper for the acquisition of a 430 MW CCGT power plant.
The European Bank for Reconstruction and Development (EBRD) along with the Italian Government have signed a €200 million loan package for hydropower company Ukrhydroenergo to restore and maintain its facilities that have come under repeated attack by Russia in its illegal invasion of Ukraine.
Power sector emissions in the EU fell by a record 19 per cent in 2023 as a result of sharp falls in both coal- and gas-fired generation, according to a report from the climate think tank Ember.
Germany’s Economy Ministry has announced that the government will tender 10 GW of new natural gas-fired power plants that can be converted to run on hydrogen in the 2030s, as part of plans to ensure stable electricity supply and the proportion of wind and solar installations increases.
GE Vernova’s Grid Solutions business has announced that, in partnership with Polimex Mostostal (PXM), it has won a contract to build the onshore infrastructure to transfer power into the onshore grid from the 1.5 GW Baltica 2 offshore wind farm project.
The Hinkley Point C nuclear power project in the UK has been delayed by an estimated 2-4 years.
The UK Government has committed an additional £800 million to the proposed Sizewell C nuclear power project in Suffolk, England, in an attempt to attract outside investors to the project.
The UK Government has announced it will invest £300 million into creating specialist fuel for the next generation of nuclear reactors.
Rafeal Grossi, Director General of the International Atomic Energy Agency (IAEA) has said that his inspectors are being denied access to parts of Ukraine’s Russian-occupied Zaprizhzhia nuclear power plant and had yet to receive 2024 maintenance plans for the facility.
REN, Portugal’s national grid operator, said that the country obtained a record amount of its power from clean energy sources in 2023, with renewables accounting for 61 per cent of power use.