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Power DECODED

Latest edition: 08 May 2024
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Spotlight

Siemens Gamesa CEO steps down, shares surge 13%

The CEO of leading wind turbine manufacturer Siemens Gamesa, Jochen Eickholt, will stand down from his position amidst ongoing restructuring efforts.

Latest news

UK invests £196m in advanced nuclear fuels plant in Cheshire

The UK Government has announced a £196m ($246m) investment to establish Europe’s first facility for producing HALEU in Capenhurst, Cheshire.

India's Adani Green Energy signs PPA with Sri Lanka for two wind projects

Adani Green Energy has secured a 20-year power purchase agreement (PPA) with Sri Lanka for the development of two wind projects.

Niger Mines Minister visits key uranium project

Niger’s Mines Minister Colonel Ousmane Abarchi visited Global Atomic Corporation’s Dasa uranium mining project in the north of the country and expressed the government’s support.

EDF gains approval for startup of Flamanville 3 nuclear plant, France

The Autorité de Sûreté Nucléaire (ASN), France’s nuclear regulatory authority, has granted British energy company EDF approval to commence the startup of the Flamanville 3 nuclear plant in 2024, following a 12-year delay.

CPS Energy acquires additional 2% stake in South Texas Nuclear Project

Texas-based public power, natural gas and electric company CPS Energy has signed an agreement to purchase an additional 2% stake in the South Texas Nuclear Project (STP) from Constellation.

US ready to replace Russian uranium imports, official says

The pending ban on imports of Russian nuclear fuel will help increase US domestic uranium fuel processing capacity, a top nuclear energy official in Washington told Reuters.

Ireland identifies four coastal areas for offshore wind projects

The Irish Ministry for the Environment, Climate and Communications has unveiled the draft South Coast Designated Maritime Area Plan (DMAP), marking a step towards harnessing offshore renewable energy.

UAE Power Market

The UAE power market research report discusses the power market structure of the country and provides historical and forecast numbers for capacity, generation, and consumption up to 2035.

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