News & Press Releases
Europe
EU Carbon Market Reform Seeks to Stabilize Permit Prices
The European Union is working on the design of a new funding mechanism valued at about €30 billion to support its clean-energy transition while avoiding disruption to the bloc’s carbon trading system. The proposed instrument, based on 400 million...
Europe
EU Energy Standards for Data Centres Address Power Demand
The European Union is moving ahead with new measures aimed at improving the energy performance of data centres as electricity demand from the sector continues to rise sharply. Under the bloc’s revised Energy Efficiency Directive, the European Commission is...
News & Press Releases
Uzbekistan Nuclear Plant Work Begins Under Rosatom Deal
Russia and Uzbekistan have officially launched construction of a new nuclear energy facility in Uzbekistan, marking the first nuclear power plant project of its kind in post-Soviet Central Asia. The development is intended to support rising electricity demand across...
America
EDF and Masdar Sign 15 year BigBeau Solar+Storage PPAs in US
EDF power solutions North America and Masdar have entered into 15-year power purchase agreements (PPAs) covering electricity generated by the BigBeau Solar+Storage Project in Kern County, California, US. The agreements apply to output from the facility’s 128MW-alternating current (MWac)...
America
TransAlta Acquires Colorado Gas Plants for $1 Billion in Major North American Expansion
Canada-based energy company TransAlta has entered into a purchase and sale agreement to acquire two natural gas-fired power plants located near Denver, Colorado, for a combined consideration of $1 billion (approximately C$1.39 billion). The two assets the 162MW Mountain...
News & Press Releases
UK and Singapore Sign Nuclear Regulation MoU to Advance Cooperation
The United Kingdom's Office for Nuclear Regulation (ONR) and Singapore's National Environment Agency (NEA) have formalised a new partnership through a memorandum of understanding, establishing structured cooperation on the regulation of civil nuclear energy. The nuclear regulation MoU was...
America
New York Power Authority Issues Solicitations for Advanced Nuclear New-Build
The New York Power Authority has formally issued a call for nuclear developers and delivery partners to support its initiative to develop at least 1 gigawatt of advanced nuclear energy in Upstate New York. Alongside this, the authority has...
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