Analysis: Climate could pay the price as Europe’s nuclear plants age

[ad_1] LONDON, Dec 21 (Reuters) – Nuclear power capacity able to supply roughly 60 million homes is scheduled to close this decade as utilities struggle to replace northwest Europe’s ageing…

Orsted’s Q3 profit lags as lower wind speeds bite

[ad_1] COPENHAGEN, Nov 3 (Reuters) – Denmark’s Orsted (ORSTED.CO) on Wednesday reported third-quarter operating profit slightly below expectations as it said low wind speeds continued to hit earnings. “In most…

EDF Q1 sales jump but core profit outlook capped by outages

[ad_1] PARIS, May 4 (Reuters) – French state-owned utility EDF’s (EDF.PA) first-quarter sales jumped 61% to 35.58 billion euros ($37.40 billion) on the back of higher power and gas prices…

Shares of China Evergrande’s EV unit rise after $347 mln share sale plan

[ad_1] [1/2] A traffic light is seen near the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo HONG KONG, Nov 22 (Reuters)…

Tesla jumps as GM deal makes its charging network closer to US standard

[ad_1] June 9 (Reuters) – Tesla (TSLA.O) jumped nearly 7% on Friday after General Motors (GM.N) joined Ford (F.N) in agreeing to use its electric-vehicle charging network, a big win…

Citigroup hires former UBS banker for energy dealmaking – memo

[ad_1] June 1 (Reuters) – Citigroup Inc (C.N) has hired former UBS Group AG (UBSG.S) banker Dan Ford as a vice chairman within the natural resources and clean energy transition…

Ukraine’s nuclear deal with Canada’s Cameco carries big risks, rewards

[ad_1] WINNIPEG, Manitoba/KYIV, May 5 (Reuters) – Ukraine’s 12-year deal to buy enough uranium from Canadian miner Cameco Corp to power all of its nuclear reactors gives each side the…

French court clears nationalisation of EDF

[ad_1] PARIS, May 2 (Reuters) – A French appeals court rejected on Tuesday a complaint filed by minority shareholders against the terms of a government buyout of power giant EDF…

White House will seek law to require carbon-free power from U.S. utilities

[ad_1] April 1 (Reuters) – The Biden administration said on Thursday it will seek to pass a law requiring utilities to source more power from renewable and other clean sources…

Fukushima water release doesn’t contradict situation ‘under control’ statement -PM Suga

[ad_1] TOKYO, April 13 (Reuters) – The planned release of treated water from the wrecked Fukushima nuclear power plant into the ocean does not contradict a former prime minister’s statement…