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Permits please: three tests for REPowerEU 2.0
Energy & Commodities
A core lesson across infrastructure projects is all too often the attention has been on ambitious targets, rather than the nitty-gritty of delivery. This is timely as we look ahead to the European Commission’s “REPowerEU” plan published on Wednesday. Updating a previously hastily-assembled package in March, this will accelerate plans to reduce and stop fossil fuel imports…
Russian conflict, Gazprom cut-offs, and climate concerns raise prospects for long-shunned nuclear energy
Energy & Commodities
The lustre of carbon-free nuclear energy was tarnished after the highly publicised and impactful human-error-related accident at Ukraine’s Chornobyl No. 4 reactor in 1986 and more recently in Japan after a tsunami cut power from critical backup generators at the Fukushima Daiichi plant in 2011. In Europe, the current dependence on Russian oil and natural gas exports is…