Tag: Energy

Germany Investigates Late 2024 Power Price Surges Amid Renewable Energy Transition

In late 2024, Germany’s cartel office initiated an investigation into significant power price volatility. Concerns arose over potential supply withholding by energy firms during “dunkelflaute” periods—times of low wind and solar energy production. With renewables comprising 80% of Germany’s energy mix, the shift from fossil fuels has led […]

Canada investing $20M in Terrestrial Energy to support development of Small Nuclear

Canada’s Minister of Innovation, Science and Industry, Hon. Navdeep Bains, announced a $20 million investment in Terrestrial Energy to accelerate development of the company’s Integral Molten Salt Reactor (IMSR) power plant. This is the first such investment from the Strategic Innovation Fund (SIF) announcing support for a Small Modular Reactor […]

Canada declares climate emergency

Many Canadians were pleased with the House of Commons’ declaration of a climate emergency on Monday, a motion put forward by Environment and Climate Change Minister Catherine McKenna that follows in the footsteps of several Canadian cities. As the CBC reported, this declaration requires that “Canada commit to meeting […]