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Chinese EPR Resumes Power Supply After Extended Outage

Chinese EPR Resumes Power Supply After Extended Outage

The 1750-megawatt EPR entered commercial operation in December 2018. However, in June 2021 - midway through its second fuel cycle - an increase in the concentration of noble gases in the primary circuit of Taishan 1 was attributed to a few damaged fuel rods. China's National Nuclear Safety Administration (NNSA) estimated that of the more than 60,000 fuel rods in the core of Taishan 1, about five probably had damage to their cladding. The core of Taishan 1 contains 241 fuel assemblies, each of them made from 265 fuel rods

Russia Warns of Winter Pain as Gas Prices Hit New Records

Russia Warns of Winter Pain as Gas Prices Hit New Records

Gas price futures hit a fresh record Tuesday of €234.50 per megawatt-hour as Europe braces for a possible Russian gas shutoff and countries race to fill underground gas storage facilities before winter

EBRD Lends 43 Mln Euro to Taaleri-ENCRO JV for Two Wind Farms in Croatia

EBRD Lends 43 Mln Euro to Taaleri-ENCRO JV for Two Wind Farms in Croatia

The European Bank for Reconstruction and Development (EBRD) said on Tuesday it is extending a 43 million euro ($43.6 million) loan to Croatian electricity producer Kunovac, jointly owned by Taaleri Energia’s SolarWind II Funds and local company ENCRO Kunovac, to finance the construction of two new wind farms

BP Posts $9.3 Billion Profit in 2Q22

BP Posts $9.3 Billion Profit in 2Q22

British energy giant bp reported a profit of around $9.3 billion in the second quarter of the year, against a loss of nearly $20.3 billion during the previous quarter, according to its financial results statement released Tuesday

Bulgargaz Proposes 54% Hike in Natgas Price for Aug

Bulgargaz Proposes 54% Hike in Natgas Price for Aug

Bulgarian public gas supplier Bulgargaz said it is proposing a rise in the wholesale natural gas price applicable for August to 286.84 levs ($148.5/146.6 euro) per MWh

TAP to Increase Deliveries of Gas by 50% This Year

TAP to Increase Deliveries of Gas by 50% This Year

An increase in the capacity of the TAP natural gas pipeline is being planned to help reduce dependence on Russian gas in Southeastern Europe, the company managing the pipeline stated

EU: Member States Commit to Reducing Gas Demand by 15% Next Winter

EU: Member States Commit to Reducing Gas Demand by 15% Next Winter

In an effort to increase EU security of energy supply, member states today reached a political agreement on a voluntary reduction of natural gas demand by 15% this winter. The Council regulation also foresees the possibility to trigger a ‘Union alert’ on security of supply, in which case the gas demand reduction would become mandatory

Total to Cut Fuel Prices at All French Service Stations

Total to Cut Fuel Prices at All French Service Stations

TotalEnergies plans to offer a discount on fuel sold at all of its retail stations in France, expanding on a price reduction programme already in place at its motorway service stations