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Concerns about energy security and climate change are fuelling a renaissance of interest in nuclear energy — and technological advances.
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...Woodcock’s report will say: “The government should consider ways to ensure resilience of production for defence and energy companies whose operations are being disrupted by illegal protest....
...The International Energy Agency chief has criticised Europe for falling behind China and the US after making “two historic monumental mistakes” in energy policy, by relying on Russian gas and turning away...
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...The gas is produced by splitting it from methane or from water, both of which are energy intensive and costly....
...While they have recovered to the 30-year average in 2024, January marked the lowest wind resources the company has tracked in the first month of the year, according to a company spokesperson....
...“There’s no access to capital now [for renewables],” said the energy banker....
...those of Neptune Energy, which the Italian company agreed to buy last year for $4.9bn....
...A cursory glance at the preliminary statement for 2023 suggests that the former statement probably carries more weight, but as ever with energy companies, it’s a question of timing....
...(Patrick Temple-West) renewable energy Tackling the ‘noise’ in green energy accounting Surging corporate demand for renewable energy might be good news for the planet, but it’s been creating headaches...
...That suggests it is losing the war to balance its commitments to investors looking for the sort of growth and returns that energy companies delivered in 2022, with those who argue that much more needs to...
...Shares in Serica Energy are down 37 per cent, while Harbour Energy, the biggest independent UK producer, has lost 23 per cent....
...Two years ago, he described the energy business as one of the company’s “four giants”....
...Energy consultancy Wood Mackenzie found in a recent report that a 2 percentage point rise in US interest rates could drive up the overall cost of a renewable energy project by 20 per cent....
...The companies argue that smaller reactors should be quicker and, eventually, cheaper to build, with key parts assembled off-site....
...The head of Ukraine’s national energy company has called on EU countries to help protect its natural gas storage facilities from a recent spate of Russian attacks so they can keep contributing to lower prices...
...But the conflicts around American LNG reflect the fact that the ability of US energy companies to export is always subject to contested domestic politics....
...But investors should be thinking about pumped storage hydro and technologies that store energy for hours, if not days, for other reasons....
...But they do not rule out further big price swings, particularly with gas demand rebounding recently, having remained subdued during the energy crisis....
...Companies and investors have scouted other countries offering attractive subsidies and cheaper energy prices....
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...In neighbouring Norway, a defence company was unable initially to expand its main factory; a data centre for TikTok, the Chinese-owned social media platform, had taken the region’s remaining power surplus...
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