nuclearenergy
The promotion of geothermal and nuclear energy and electricity grid development are some of the policies the upcoming Hungarian EU Council presidency has vowed to back in view of maintaining the energy transition in line with climate action, according to its recently unveiled work programme. Geothermal energy is a priority under the Hungarian Presidency which considers "making it more widespread" given its "key role in ensuring energy autonomy and security" and meeting climate goals. The country boasts the EU's largest geothermal city heating system, as described by the Belgian ambassador to H...
Euronews (English)
Nucleo says it is aiming to take advantage of plans for nuclear power expansion in the UK and wants to build 20 mini reactors at various locations on six sites close to energy intensive industries. The plants would be powered by plutonium, a fuel not currently used in the UK and mainly associated with nuclear weapons, according to the Telegraph report. The company said it wanted to build near dense population centres, following the UK government's recent relaxation of rules restricting nuclear developments to remote locations. Newcleo's managing director for nuclear, Andrew Murdoch, told the T...
Euronews (English)
Ahead of June's vote, Euronews asks voters to name one proposal they would make if they were elected to the European Parliament, and asks candidates what they pledge to do if elected or re-elected. Stay tuned as Euronews will publish more statements every day. Watch the video above to find out more.
Euronews (English)
Russian plans to hold drills simulating the use of tactical nuclear weapons, the Defense Ministry announced Monday, days after the Kremlin reacted angrily to comments by senior Western officials about the war in Ukraine. The drills are in response to “provocative statements and threats of certain Western officials regarding the Russian Federation,” the Defense Ministry said in a statement. It is the first time that Russia has publicly announced drills involving tactical nuclear weapons, though its strategic nuclear forces regularly hold exercises. Tactical nuclear weapons have a lower yield co...
Euronews (English)
Dear fellow investors, What has taken place in 2022 is nothing short of a man-made problem. The question is if you looked upriver, could this have been avoided? While it could be argued that Putin invading Ukraine was unexpected, the policy decisions and structure of the global energy markets have been shaped for years. It reads like the lamp in the movie A Christmas Story: Fragile. Besides structural issues, there have been pressures imposed on these structures that were unforeseen when they were built. These were exactly the pressures that caused what we now know as Chernobyl. Q2 2022 hedge ...
ValueWalk
S&P Global Ratings’ most recent report finds that after decades of opposition by governments and public unease after the Fukushima disaster in 2011, Europe may be changing its mind about nuclear energy – a recognised technology that can contribute to decarbonisation as well as the stability and affordability of energy supply. As gas and power prices skyrocket in Europe and calls to consider new types of low-carbon energy grow louder, a nuclear renaissance would offer stable, carbon free baseload generation in a more electrified economy, albeit with complications. Q4 2021 hedge fund letters, co...
ValueWalk
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