Repent at leisure: Belgium’s rush to crush nuclear sparks dash for gas
RWE buys Belgian CCGT project to bid for lucrative capacity payments, BP's share buyback plan + MORE 💥Energy Flux💥 Wednesday, 7th April 2021
Nuclear power retirements need to be handled very carefully. Any power grid connected to reactors nearing the end of their useful life will need a well-engineered system-wide solution to ensure the replacement capacity does not hike electricity supply costs or carbon emissions.
In light of RWE’s entry into the Belgian power market, today’s issue of Energy Flux takes a look at Belgium’s dash for gas-fired power to replace its retiring nuclear fleet. There are also parallels to be drawn in California, while the United Arab Emirates is heading in the opposite direction. And, BP is trying to have its cake and eat it.
In today’s issue:
RWE capitalises on Belgium’s rush to crush nuclear
BP keeps shareholders sweet with share buyback pledge
Transmission lines – Energy transition stories you might’ve missed
Energised minds – Critical thinking on crucial energy issues
RWE aims to capitalise on Belgium’s rush to crush nuclear
German utility RWE has spotted a potenti…