British power generator Drax has applied to build a £500 million 600 MW underground pumped storage hydropower station at its existing Cruachan hydropower plant in Scotland.
Following the UK announcement that it is planning to build eight new nuclear power plants by 2050, the UK and South Korea are in talks regarding nuclear power plant construction.
Finnish consortium Fennovoima has terminated a contract with Russian group Rosatom to build the 1200 MW Hanhikivi 1 nuclear power plant in northern Finland.
Schneider Electric has announced that it will divest its operations in Russia and Belarus to local management.
Wärtsilä has announced that it will supply equipment for a major bio-LNG facility in Germany.
Bechtel has signed MOUs with 12 companies in Poland for the potential development of two nuclear power plants.
Westinghouse Electric and Framatome have been chosen to supply fuel for the Czech Republic’s Temelin nuclear plant, replacing supply from TVEL of Russia, part of Rosatom.
Siemens Energy and NeuConnect have signed a contract to supply a turnkey HVDC transmission system for the first power link between Britain and Germany.
The UK Government has issued an outline of its new Energy Security Strategy, including increased targets for offshore wind, hydrogen, and nuclear generation.
The UK government plans to take a 20 per cent stake in the £20 billion Sizewell C nuclear power plant in Suffolk, describing it as a move to bolster the country’s energy security against a backdrop of global instability and a cost-of-living crisis.