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Germany's election: polls, parties, and policy debates

Germany will hold an immediate national election on February 23 after the collapse of Chancellor Olaf Scholz’s three-way alliance. The main political parties, their polling positions, and key policy issues are listed below: Parties Germany has two "big-tent", centrist parties: Scholz’s centre-left Social Democrats and the opposition Conservatives, an alliance between the Christian Democrats (CDU), and their Bavarian counterpart party, the Christian Social Union CSU. In recent years, smaller parties like the Greens or Alternative for Germany (AfD), a far-right party, have gained ground. All four parties, the SPD, Greens, Conservatives and AfD, have candidates running for chancellor. According to...

Energy Markets

US Senate confirms Zeldin to be EPA administrator

The U.S. Senate voted on Wednesday, 56-42, to confirm former Republican congressman Lee Zeldin as the head of the Environmental Protection Agency. Zeldin will be tasked to roll back climate regulations from former President Joe Biden, which were aimed to reduce emissions from factories, power plants, and vehicles. Zeldin is the 44-year-old nominee of President Donald Trump to lead EPA deregulation efforts. He will remove obstacles on oil and natural gas drilling, and reverse course on Biden's emission rules aimed at encouraging more electric vehicle usage. Three Democrats supported the former New York Representative, Arizona Senators Mark Kelly, Ruben Gallego...

Energy Markets

Mexico's draft power law promotes public-private partnerships, but with a majority state stake

According to a draft bill that was seen on Tuesday, a legislative proposal in Mexico supported by the government would permit public-private energy generation projects. However, the state must hold a minimum of 54% of the project. The proposal, backed by President Claudia Sheinbaum and expected to be revealed by the leftist leader, is part of the legislation implementing an energy reform that was passed by lawmakers from the ruling party last year. The bill also requires that the state-owned electricity company, Comision Federal de Electricidad (CFE), supply at least 54% to the national grid. This is in line with...

Nuclear Power

Talen takes FERC to court for rejecting Amazon's co-located data centers

Talen Energy has asked a U.S. court of appeals to review a federal regulator's decision last year to reject an Amazon power agreement that would have connected the data center directly to Talen’s Pennsylvania nuclear facility. According to court documents filed this week, Talen Energy wants to know what the court thinks about the decision. Co-location, also known as colocation, is a popular option for industries that need to obtain large amounts of electricity quickly. Talen sold Amazon its data center campus located at the Susquehanna Nuclear Generating Facility in early last year. The deal would allow the center eventually...

Power Markets

Poland and Canada indication nuclear power cooperation contract

Poland and Canada have signed an arrangement that supplies a legal framework for more extensive cooperation on nuclear power, Polish Prime Minister Donald Tusk said on Tuesday after fulfilling his Canadian equivalent Justin Trudeau. Poland, which is working to decrease its reliance on coal, has picked Westinghouse Electric to build its first nuclear plant on the Baltic Sea coast, but financing is still not totally agreed. It is now preparing to start the process of choosing a. partner for a 2nd plant. Canada is the primary supplier of innovation for Poland's. first nuclear plant - Westinghouse is owned by Canadian....

Power Markets

Euronext to acquire Nasdaq's Nordic power futures service

PanEuropean stock exchange Euronext on Tuesday announced it would acquire Nasdaq's. Nordic power futures activities, as it looks for to widen. its organization in the northern European electrical power market. Euronext's Nord Pool power trading business is currently set. to launch trading in financial agreements in June this year,. which will be combined with the gotten Nasdaq unit in 2026. following the migration, the companies said. Euronext and Nasdaq did not supply monetary information of the. transaction, which is also subject to regulatory approval. Under the proposed plan, trading of Nasdaq's power futures. will be moved to Euronext Amsterdam, the...

Energy Markets

Trump administration asks Supreme Court to pause cases as it reassesses policy

President Donald Trump's. administration asked the U.S. Supreme Court on Friday to put on. hold prepared arguments in a bid by fuel manufacturers to challenge. California's standards for automobile emissions and electric automobiles. under a federal air contamination law. The brand-new Republican administration likewise made comparable requests in. three other cases involving the actions of federal companies,. giving an early sign that it will take a fresh appearance at a. number of legal concerns before the court and possibly change. positions from Trump's Democratic predecessor Joe Biden. The expected changes in the government's position may be a. better ideological suitable...

Energy Markets

European business exposed as Trump takes objective at US offshore wind

U.S. President Donald Trump in his very first day of workplace on Monday suspended brand-new federal offshore wind leasing pending an ecological and economic evaluation, saying wind mills are unsightly, expensive and damage wildlife. Former President Joe Biden supported the overseas wind market, setting a target for 30 gigawatts (GW) of jobs by 2030, up from 42 megawatts at the end of 2023, triggering many European project developers to acquire leases and strategy wind farms in the United States. Trump's executive order is not anticipated to stop existing U.S. offshore wind tasks from being advanced. Below are a few of...

Energy Markets

Germany's election in surveys, parties and policy arguments

Germany will hold a breeze national election on Feb. 23 following the collapse of Chancellor Olaf Scholz's threeway union. Here are the primary celebrations contending, their survey standings, and the key policy issues: CELEBRATIONS Germany has two centrist, big-tent celebrations: Scholz's. centre-left Social Democrats (SPD) and the opposition. conservatives, an alliance of the Christian Democrats (CDU) and. their Bavarian sibling celebration, the Christian Social Union (CSU). Nevertheless, they have both lost support over the last few years, with. smaller sized parties such as the ecological Greens and far-right. Alternative for Germany (AfD) gaining ground. The SPD, conservatives, Greens and AfD...

Electric Utilities

Battery facility fire at California power plant site spurs evacuation orders

A fire at a battery center on the site of Vistra Corp's Moss Landing power plant in Monterey County, California has actually prompted orders for the evacuation of places nearby, the business and county officials said on Thursday. The fire started in a building which contains lithium-ion batteries on Thursday afternoon, an official at the Monterey County Constable's workplace said, adding that about 40% of the building had been taken in as of late Thursday. The battery energy storage center at Moss Landing is among the biggest worldwide, according to Vistra's website. Both Vistra and the county official said that...

Nuclear Power

German parties' energy policies in February national election

Citizens in Germany, Europe's most significant economy, go to the polls on Feb. 23 in what marks the very first elections because Berlin severed its ties with Russia, its decadeslong gas provider. Here is how significant celebrations outline their energy policies: CDU/CSU The conservative Christian Democrats (CDU), who keep up Bavarian sibling party CSU in the election, assure to cut power rates by 5 euro cents per kilowatt hour (kWh) or more, equivalent to roughly 12% of 2024 costs. The party proposes to cut power grid charges that contribute to clients' expenses, partially by raising carbon emissions permit rates, while...

Fossil Fuels

Germany's election in polls, parties and policy arguments

Germany will hold snap elections on Feb. 23 following the collapse of Chancellor Olaf Scholz's three-way coalition. Here are the main parties competing, their survey standings, and the crucial policy problems: PARTIES Germany has two centrist, big camping tent celebrations: Scholz's. centre-left Social Democrats (SPD) and the opposition. conservatives, an alliance of the Christian Democrats (CDU) and. their Bavarian sis party the Christian Social Union (CSU). However, they have both lost assistance in the last few years, with. smaller sized celebrations such as the environmental Greens and far-right. Option for Germany (AfD) gaining ground. The SPD, conservatives, Greens and AfD...

Europe

Natural Gas

Prices for gas in Europe are falling but still near their 15-month-highs

Dutch and British wholesale gasoline prices eased on Monday morning, despite slight revisions to milder and windier weather this week. However, colder weather next year and low stock levels continue support. According to LSEG, the benchmark front-month contract for the Dutch TTF Hub was down 0.29 euros at 53.31 Euro per Megawatt Hour (MWh), which is $16.00/mmBtu by 0921 GMT. Early trading saw the contract briefly reach a new 15-month high of 54.47 Euros/MWh. The front-month contract in Britain fell by 2.10 pence, to 128.9 pence/therm. Meanwhile, the day-ahead contracted was down by 1.01 pence, to 132 pence/therm. A trader...

Energy Markets

French nuclear giant EDF raises production forecast to 2025 and beyond

EDF, France's nuclear power company, has increased its forecasts of production for 2025. This is after the strong recovery in 2024. The state-owned energy giant raised its production forecast on Thursday night to between 350-370 terawatt hours (TWh), compared with the previous 335-365 terawatt hours (TWh) expected for 2025-2026. Why it is important EDF's maintenance schedule has caused challenges over the years, but a strong winter of nuclear production has helped French baseload contracts to trade at a lower price than German ones. CONTEXT Nicolas Goldberg, a consultant at Colombus Consulting, stated that EDF management had set a goal to...

Nuclear Power

Officials and media claim that Ukraine drone attacks targeted Russian oil and power facilities

Officials and media outlets reported Wednesday that Ukraine launched drone attacks overnight against oil and power plants in western Russia. The debris from a drone that was destroyed caused a fire in an industrial facility located in Kstovo in Nizhny Novgorod. This governor said via the Telegram messaging application. Gleb Nikitine, the governor said, "According preliminary data, no casualties have been reported." He didn't disclose any further details. Baza, an official Russian Telegram channel that is closely associated with the Russian security services, reported on a burning oil refinery at Kstovo. Vasily Anokhin, the governor of Smolensk in western Russia,...

Western Europe

North Asia

Energy Markets

Denmark to permit conservation work on harmed Nord Stream 2 pipeline

Denmark's energy agency on Tuesday said it had actually approved Nord Stream 2 AG, a system of Russia's. Gazprom, consent to carry out preservation deal with. the Nord Stream 2 gas pipeline in the Baltic Sea, which was. harmed in a series of blasts in 2022. The upkeep work is necessary to decrease ecological. and security threats coming from the pipeline being filled with. seawater and staying gas, the agency stated in a. declaration. The work intends to protect the damaged pipeline by. installing customised plugs at each of the open pipeline ends to. avoid even more gas blow-out and...

Power Markets

Ukrainian drones attack city near Zaporizhzhia nuclear plant, authorities state

Russiainstalled authorities in Ukraine's partlyoccupied Zaporizhzhia region stated Ukrainian drones on Wednesday assaulted Enerhodar, a city serving the Russianheld Zaporizhzhia nuclear power plant. Russia seized the nuclear plant, Europe's biggest with 6 reactors, in the early days of the war and each side has because implicated the other of staging periodic attacks on the facility. Russia-installed regional authorities have actually reported attacks on Enerhodar, particularly on 2 electrical power substations nearby. Russian media quoted the city's authorities as stating at least 4 drones had actually attacked Enerhodar. It stated there were no casualties and no details on damage were offered....

Power Markets

Russian attack wounds three in Ukraine's Sumy region, local authorities state

A Russian assisted bomb attack on Saturday wounded 10 individuals, including two children, in a town in Ukraine's northeastern Sumy area, near the Russian border, local authorities stated. The area borders Russia's Kursk region and has been frequently shelled by Russian forces for months. Video published by President Volodymyr Zelenskiy revealed parts of a building in the village of Svesa minimized to rubble. Rescue groups ferried homeowners out of the building on stretchers. A whole block of the building, from the ground to the fifth floors was destroyed, Zelenskiy said in his nighttime video address. Neighbouring houses were likewise damaged....

Energy Markets

Russia attacks Ukraine energy system in major rocket strike, Kyiv states

Russia assaulted Ukraine's. energy system and cities in its eastern region with cruise and. ballistic rockets on Wednesday morning, Ukraine's energy. minister and local officials said. At least three people were injured in a missile attack. on Kharkiv in northeastern Ukraine on Wednesday morning, Mayor. Ihor Terekhov said. Ukrainian flying force stated Kharkiv was assaulted by ballistic. missiles and regional guv Oleh Syniehubov said on the. Telegram messaging app that there were damages to civilian. non-residential infrastructure. Separately, Dnipropetrovsk Governor Serhiy Lysak said on. Telegram: Since the morning, the Russian army has actually been. massively assaulting the Dnipro region. It...

Energy Markets

IAEA's 35-nation Board condemns attacks on Ukraine's energy facilities

The U.N. nuclear watchdog's. 35nation Board of Governors passed a resolution on Thursday. condemning attacks on Ukraine's energy facilities, but. stopping working to discuss Russia as the perpetrator. Ukraine called Thursday's emergency International Atomic. Energy Agency (IAEA) Board conference to talk about a wave of attacks. on Nov. 28 that Russia released on its energy infrastructure,. triggering deep power cuts throughout the nation. The drone and rocket attacks strike electricity sub-stations. used by 3 of Ukraine's nuclear reactor to get and. transfer off-site power, which is vital to their security since. that power is necessary to cool their nuclear fuel...

Energy Markets

Drone hits IAEA lorry on road to Russian-held Zaporizhzhia nuclear plant, company says

A drone hit and seriously damaged an official car of the International Atomic Energy Agency on the roadway to Ukraine's Russianheld Zaporizhzhia nuclear power plant on Tuesday, the agency's head said. There were no casualties and the teams are safe, Rafael Grossi, director general of the U.N. nuclear guard dog, said in a. video published on X. Ukrainian President Volodymyr Zelenskiy said the strike was. a purposeful Russian attack that showed Moscow had overall. disregard for worldwide law and institutions. Moscow made no. instant declaration after the occurrence took place. I condemn in the most firm terms this attack on...

Mining

Previous SpaceX engineer seeks to assist end US scarcity of unique uranium fuel

Former SpaceX engineer Scott Nolan, CEO of start-up General Matter, is on an objective to assistance end Russia's monopoly on a kind of moreenriched nuclear fuel by producing it at industrial scale in the United States and slashing its expenses. Nolan incorporated San Francisco-based General Matter this year in order to make high-assay low-enriched uranium, or HALEU, for a range of planned atomic plants including small modular reactors, or SMRs, that backers hope will take off in the 2030s. HALEU is uranium enriched to in between 5% and 20%, which backers say has the possible to make brand-new modern reactors...

Nuclear Power

Iran significantly speeding up uranium enrichment to near bomb grade, IAEA says

Iran is drastically. accelerating its enrichment of uranium to as much as 60% pureness,. near the roughly 90% level that is weapons grade, U.N. nuclear guard dog chief Rafael Grossi informed Reuters on Friday. The International Atomic Energy Firm later validated in a. private report to member states that Iran was accelerating. uranium enrichment, a process that refines the raw material so. that it can be utilized as fuel in civil nuclear power generation. or, potentially, nuclear weapons. The IAEA findings will deepen alarm in Western nations. that say there is no reason for enhancing uranium to such. a high...

Nuclear Power

United States will not return nuclear weapons to Ukraine

The United States is ruling out going back to Ukraine the nuclear weapons it quit after the Soviet Union collapsed, White House national security consultant Jake Sullivan said on Sunday. Sullivan made his remarks when questioned about a New york city Times article last month that stated some unknown Western officials had actually suggested U.S. President Joe Biden could offer Ukraine the arms before he leaves workplace. That is not under factor to consider, no. What we are doing is surging different traditional capabilities to Ukraine so that they can effectively safeguard themselves and take the battle to the Russians,...

Energy Markets

EXCERPTS-IAEA Board of Governors resolution versus Iran

Below are crucial passages from a. resolution on Iran that diplomats said the International Atomic. Energy Firm's 35nation Board of Governors passed at a. quarterly meeting on Thursday night. The Board of Governors ... ( d) Noting the Director General's deep concern that. undeclared nuclear material had actually been present at several. undeclared areas in Iran which its present place( s). are not known to the Company, and his evaluation that nuclear. product used in Iran was not stated as needed under Iran's. NPT Safeguards Contract, ... ( g) Recalling the Board of Governors' resolutions of 19 June. 2020 ...,...

Energy Markets

Hungary sends bill to permit increase in Russian nuclear plant project expense

Hungary's government has sent an expense to parliament to allow a change of its nuclear plant contract with Russia and raise the prepared cost of the construction task if called for, according to the legislation published on parliament's website. The expense, dated Nov. 19, says the objective is to enable the building of the 2 new atomic power plants at Paks to continue smoothly. The project was granted in 2014 without a tender to Russian nuclear giant Rosatom, and has been delayed by years. The project is often mentioned as an indication of continuing close ties in between NATO and...

Energy Markets

Russia continues uranium deliveries as typical, and can supply to U.S. under unique waivers - Rosatom

Russia's state nuclear corporation Rosatom, the world's largest provider of enriched uranium, said on Monday it was providing uranium to all of its consumers as normal which materials to the United States could take place under a special regime. Russia stated on Friday that it had actually imposed momentary constraints on the export of enriched uranium to the United States in action to U.S moves. Uranium rates rose on the choice. In May, President Joe Biden signed into law a restriction on Russian enriched uranium, though the U.S. likewise has the capability to provide waivers if there are supply concerns....