21 July 2023
21 July 2023
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Timmermans’ Green Deal seeks to unify European energy transition and net-zero efforts.
The global decline comes as advanced economies continue to grapple with the effects of the energy crisis and worldwide economic slowdown.
The companies will begin operating the first Xe-100 module by 2030.
Vattenfall made the decision after “considering market conditions today”, its CEO says.
The Basildon and Loudwater projects are scheduled to commence commercial operations by the end of 2024.
The project will allow the transmission of 2GW of electricity, bringing energy security for Cyprus and Israel.
With the acquisition, Vattenfall’s portfolio in Germany has grown to 7GW.
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