Rolls-Royce SMR and Czech utility ČEZ have signed an early works agreement. It paves the way for site-specific work on their small modular reactor project at the Temelín nuclear power plant. British Prime Minister Sir Keir Starmer and Czech Prime Minister Petr Fiala have signed a deal to work together to seize SMR export opportunities, […]
Solar became the EU’s largest source of electricity for the first time in June 2025. National records for both photovoltaics and wind rolled in in May and June, pushing coal to an all-time low. Solar was the largest source of electricity in the European Union for the first time last month, with multiple countries producing […]
Record solar power production, backed by yet insufficient energy storage capacity, helped maintain the stability of the electricity system in Europe during the latest heatwave, Ember said. Many nuclear and other thermal power plants reduced their activity as river water temperature wasn’t low enough for efficient cooling. Intraday price spreads at European power exchanges landed […]
The Slovenian Ministry of Natural Resources and Spatial Planning initiated the development of a spatial plan on the country level for the second unit of nuclear power plant Krško. It invited the public to submit comments and suggestions. The initiative was announced at a press conference last week by representatives of GEN energija, the state-owned […]
The European Commission has estimated that EUR 241 billion in investment is needed for the implementation of member states’ plans for nuclear energy until 2050. It includes extending the lifetime of existing power plants and building new large-scale reactors. Additional investment is needed for small modular reactors (SMRs), advanced modular reactors (AMRs), and microreactors, as […]
The World Bank has decided to end its 2013 moratorium on financing nuclear energy projects amid growing global electricity demand. The move means the lender would support projects to extend the operating life of existing nuclear power plants and speed up the rollout of small modular reactors (SMRs). The World Bank board’s decision comes at […]
Declining energy storage costs and expanding renewables capacity will enable Europe to meet the challenge of intensified electrification and rising consumption, according to Eric Scotto, CEO of Akuo Energy. Thanks to falling costs, renewable energy has already won the race against nuclear power, he emphasized at Belgrade Energy Forum 2025. The price of energy storage […]
Energy transition in Southeastern Europe is accelerating, and the progress depends on individual countries’ strategies and legal frameworks. At the Belgrade Energy Forum (BEF 2025), representatives of state-owned power utilities and private producers discussed the different approaches to decarbonization. The domination of investments in renewable energy is unquestionable, but there are also ambitions to develop […]
Minister of Energy of Romania Sebastian Burduja and Minister of Energy of Bulgaria Zhecho Stankov both met with United States Secretary of Energy Chris Wright and discussed bilateral cooperation in projects in their countries including for pumped storage hydropower plants and nuclear power plants. Burduja said studies would be conducted with American support for a […]
Bulgaria’s minority government decided to call off the planned sale of equipment from the failed Belene nuclear power project to Ukraine’s Energoatom and reactivate the plans. There is an idea to attract investments in data centers that could be supplied with the electricity. At the same time, state-owned Bulgarian Energy Holding is preparing to build […]