sustainability
Top StoriesVatican Unveils Pope Francis’ New Popemobile, an All-Electric Mercedes
FinanceGreece Backs Higher Tax on Short-Term Rentals, Levy on Cruise Arrivals
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BusinessExclusive-Northvolt Seeks to Sell Electric Industrial Battery Business by Year-End
Edf to Extend the Operating Life of Four British Nuclear Plants
Date: December 4, 2024
By Susanna Twidale LONDON (Reuters) -EDF will extend the life of four of its British nuclear plants and invest 1.3 billion pounds ($1.64 billion) in its British fleet over 2025-2027, it said on Wednesday, in a boost for the country’s energy security and efforts to meet its climate targets. Britain has a target to decarbonise...
France’s Orano Says It Has Lost Control of Uranium Mine in Niger
Date: December 4, 2024
PARIS (Reuters) – French nuclear fuels company Orano said on Wednesday that it had lost control of its Somair uranium mine in Niger, with board decisions no longer being followed and Niger authorities having taken control. The company, which holds a more than 60% stake in the mine, said it has been warning for several...
Qatar to Invest $1.3 Billion in Climate Technology in Britain
Date: December 4, 2024
LONDON (Reuters) – Qatar will invest 1 billion pounds ($1.3 billion) in climate technology in the United Kingdom, with engineering company Rolls-Royce set to benefit from some of the cash to support its energy transition, the British government said on Wednesday. The announcement was made during a two-day state visit to Britain by Qatar’s emir,...
European Commission Favours More EU Funds for Electric Vehicles Sector
Date: December 4, 2024
BRUSSELS (Reuters) – The European Commission called on Tuesday for an additional 1 billion euros ($1.1 billion) of EU funds to be made available to support electric vehicle battery cell manufacturing, as the EV sector shows signs of pressure. This would form part of an overall 4.6 billion euros set aside from the EU’s Innovation...
German Cabinet Approves $1.4 Billion Subsidy to Cut 2025 Power Network Fees
Date: December 3, 2024
BERLIN (Reuters) – Germany’s cabinet has approved a proposal for a 1.3 billion euro ($1.37 billion) subsidy to offset electricity network fees for consumers next year, the economy ministry said on Tuesday. The plan, which seeks to stabilise electricity prices, comes as high energy costs strain household budgets and hinder industrial production in Europe’s biggest...
France’s Edf, TotalEnergies Awarded Saudi Solar Tenders During Macron Visit
Date: December 3, 2024
By America Hernandez PARIS/CAIRO (Reuters) -TotalEnergies will build an 0.3 gigawatt (GW) solar park in Saudi Arabia, while EDF Renewables will build two solar parks totalling 1.4 GW, as part of a series of deals announced on Tuesday during a visit by French President Emmanuel Macron to Riyadh. The French companies entered into 25-year power...