EDF acquires part of GE Steam Power’s nuclear business from GE Vernova
The newly acquired business will integrate 3,300 employees into the EDF Group.
03 June 2024
03 June 2024
The newly acquired business will integrate 3,300 employees into the EDF Group.
The development is part of an environmental report on future grid requirements released by the agency.
The cables will deliver 2GW of direct current over long distances with minimal losses, a substantial increase from the previously used 320kV cables.
The project, secured at a tariff of $0.032 per kWh, is set for completion within two years of signing a PPA.
Expected to begin operations in 2027, the energy storage facility will have a rated capacity of 548MWh.
Bridewell’s Anthony Young and Nozomi’s Edgard Capdevielle unpack the cyber threats facing critical UK infrastructure firms.
Centre and right-wing parties will likely shift the political focus from green legislation towards competitiveness.
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As a source of renewable energy, biogas can offer a more sustainable alternative to fossil fuels, together with many other advantages. The regions and countries at the forefront of biogas and biomethane production are Europe, China, and the US. In 2022, Europe’s production accounted for ~46% of the global biogas production due to its strong infrastructure and availability of government incentives.
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