Louisiana Light • 6 days | 73.53 | -2.49 | -3.28% | |||
Bonny Light • 5 days | 76.08 | +0.77 | +1.02% | |||
Opec Basket • 2 days | 76.88 | -0.06 | -0.08% | |||
Mars US • 12 mins | 69.21 | -2.26 | -3.16% | |||
Gasoline • 1 hour | 2.596 | -0.108 | -3.98% |
Bonny Light • 5 days | 76.08 | +0.77 | +1.02% | |||
Girassol • 5 days | 78.05 | +0.70 | +0.90% | |||
Opec Basket • 2 days | 76.88 | -0.06 | -0.08% |
Peace Sour • 16 hours | 66.92 | +0.00 | +0.00% | |||
Light Sour Blend • 16 hours | 68.22 | +0.00 | +0.00% | |||
Syncrude Sweet Premium • 16 hours | 77.17 | +0.00 | +0.00% | |||
Central Alberta • 16 hours | 66.52 | +0.00 | +0.00% |
Eagle Ford • 5 days | 69.15 | +0.84 | +1.23% | |||
Oklahoma Sweet • 5 days | 69.25 | +0.75 | +1.09% | |||
Kansas Common • 5 days | 63.00 | +1.00 | +1.61% | |||
Buena Vista • 8 days | 76.15 | -1.09 | -1.41% |
Although energy inflation has slowed…
The National Bank of Poland…
ZeroHedge
The leading economics blog online covering financial issues, geopolitics and trading.
A series of measures have been announced aimed at making the economy more environmentally friendly such as a ban on outdoor heaters at bars and restaurants, more efficient domestic heating systems and two regional parks. Most importantly though, as Statista's Niall McCarthy notes, the country has set a goal to reduce nuclear's share of electricity generation from its current 70 percent to 50 percent by 2035.
The change in direction comes amid the controversial construction of the Flamanville EPR nuclear reactor by state-utility EDF which is more than a decade over schedule and is expected to cost €12.4 billion compared to an initial budget of €3.5 billion. It is finally expected to start operation in 2023. France also appointed former green politician and nuclear critic Barbara Pompili minister for the environment earlier this month.
As this infographic, based on the 2019 World Nuclear Industry Status Report, shows, no country is as reliant on nuclear energy as France.
It operated 58 reactors last year, second only to the United States' 97, and they accounted for 71.7 percent of total electricity generation. The U.S. reactors had a 19.3 percent share of total electricity generation.
After France, the countries most reliant on nuclear power are all concentrated in Eastern Europe. Reactors generate between 50 and 55 percent of all electricity in Slovakia, Ukraine and Hungary. Sweden is also high up on the list with just over 40 percent, with Belgium (39 percent) and Switzerland (37.7 percent) close behind.
By Zerohedge.com
More Top Reads From Oilprice.com:
The leading economics blog online covering financial issues, geopolitics and trading.
U.S. Gasoline Prices Are Set For A Significant Decline
Iran Seizes Third Oil Tanker As U.S. Boosts Military Presence
Turkey Makes Huge 1-Billion-Barrel Oil Discovery
14,000 Inactive Oil & Gas Wells In U.S. Unplugged
Oil Prices Continue To Slip Even As Crude Oil Inventories Decline
ADVERTISEMENT
The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.
Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.
Trading and investing carries a high risk of losing money rapidly due to leverage. Individuals should consider whether they can afford the risks associated to trading.
74-89% of retail investor accounts lose money. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets.
Merchant of Record: A Media Solutions trading as Oilprice.com