Egypt has signed a deal with Russia for the latter to construct the country’s first nuclear power plant. The deal will be financed through the extension of an already existing loan agreement between the two countries.
The UK has lost its top energy rating from the World Energy Council (WEC), due to recent uncertainty over future energy policy.
A government consultation published today said that the UK could open its subsidy scheme to support low-carbon power generation in existing fossil fuel-based power plants.