Blog & News

The Russian Prime Minister Mikhail Mishustin has recently announced that the government will invest close to ₽100 billion (€1.5 bn) into developing new nuclear projects. The New Nuclear Energy project includes the construction of low-capacity NPPs, the creation of a technological platform for waste-free energy with a closed fuel cycle, the development of a nuclear technology market and the creation of new nuclear fuel.
  • February 17, 2022
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Carbon capture, use, and storage (CCUS) is probably an unsung hero on our road to achieving net-zero. Trapping CO2 from refineries and factory exhausts to reduce pollution might seem elementary, but a lot of research and innovations have gone into it over the past few decades.
  • February 14, 2022
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For the advancement of renewable energy, Battery Energy Storage Stations (BESS) are crucial. According to BloombergNEF, the installed capacity of the battery storage systems will leap 122 times by 2040, reaching a global total capacity of 2850 GWh. From the exhaustive list of all BESS’s all over, we are narrowing down on the largest in terms of MWh as per the latest stats.  
  • February 2, 2022
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KGHM Polska Miedź S.A. has signed a definitive commercial agreement with NuScale Power, an American firm specialising in SMRs. Under the agreement, NuScale Power will deploy a VOYGR power plant of up to 924 MWe as early as 2029 to support KGHM’s copper and silver production in Poland.
  • February 16, 2022
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Slovakia's dominant utility enterprise, Slovenske Elektrarne (SE) has submitted a counterproposal to the Slovakian government’s plans to introduce a tax on "excess profit" on nuclear power output. In a statement last week, Slovenske Elektrarne said the proposed tax would result in deep losses for the company. In turn this could lead to banks' rejecting proposals to put off debt payments, possibly inviting bankruptcy.
  • February 16, 2022
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The surplus electricity generated during Storm Malik has offered consumers a reprieve from steep prices, while also cutting down economies' reliance on fossil fuels. Currently, the market price for electricity in the UK stands at approximately €180/MWh. This is the lowest that electricity prices have gone down to since the beginning of this year.
  • February 1, 2022
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We asked our experts at “2nd Annual CCUS” conference about the biggest challenges of CCUS, CCUS technology and the use of carbon in Carbon-neutral energy transition.
  • January 31, 2022
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We asked our expert panel at “2nd Anti-corruption, Compliance and Ethics in Energy sector 2022” conference about the biggest compliance challenges, establishing a compliance culture and how to mitigate risks.
  • January 31, 2022
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Europe’s natural gas prices are seeing massive fluctuations. Which makes us get back to the question of where the EU gets its energy. The EU has to import almost two-thirds of energy to meet its needs, gas making up to 27% and solid fossil fuels at 6%.
  • January 31, 2022
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Renewable energy PPAs (Power Purchase Agreement) are here to stay. For they decarbonize company operations and are too powerful a price hedging tool for corporates, traders, or utilities to avoid. Europe, in fact, recorded the highest yet, with the volume of PPAs signed in 2021 surpassing 3.5 GW over 2020 figures. Here are some of the biggest PPAs (power purchase agreement) that have grabbed the headlines, in no particular order.  
  • January 18, 2022
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