Spot market prices for electricity have been breaking all records, as European leaders and their ministers intensify their discussions on how to deal with the crisis. Simon Göss at cr.hub, writing for Energy Brainpool, starts by explaining how the markets work, noting that price rises are indeed being driven by fossil prices and not CO2 certificates. Göss looks at how prices have climbed in Germany, France, the Baltics and Spain, and how the … [Read more...]
Small nations have big plans for nuclear energy
Dan Yurman looks at how small nations are trying to increase their nuclear supply. Romania has the US and China both pitching for business. The Czech Republic is still vague about giving electricity price guarantees, something that caused the collapse of a $25bn nuclear tender in 2014. Ukraine looks at Small Modular Reactors. The author starts with the Baltics – net importers of electricity – and Estonia’s ambition to redress that balance using … [Read more...]
Lithuania shows way to integrated EU energy future
As Lithuania and the Baltic Nations turn away from nuclear power and towards increased solar and wind energy production, one city is shifting towards a new energy future. Elektrenai, or Electricity City, once powered an entire nation. Its three, soaring red-and-white smokestacks were its pride and joy, and heralded in popular songs and propaganda films. The city around the power plant was built to house the workers who ensured enough oil and … [Read more...]
Shipping: regulations facilitating switch to LNG
How do we solve shipping’s “chicken-and-egg” dilemma: LNG producers wait for enough ships to run on LNG, while shipping companies wait for producers to increase their supply? The ‘virtuous circle’ of steady growth in LNG shipping in the North Sea/Baltic Sea area can provide an important case study for the rest of the world, according to a reportby the Oxford Institute for Energy Studies. It concludes that LNG will grow as a shipping fuel … [Read more...]
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