Swiss startup Transmutex is planning to create a prototype nuclear power station using thorium instead of uranium as its prime fuel resource. The project, given the name TMX-START, is to be developed over the next 10 years, the company said in a press release.
Coal-fired power generation will maintain its position in the world-wide energy balance for the next five years, according to Maxim Chursin, head of the coal industry department at the Energy Ministry’s Russian Energy Agency.
The European Commission has set down parameters for the inclusion of nuclear power and gas-fired power stations in the EU taxonomy, which classifies power generation sectors in terms of their contribution to sustainable development.
Countries in the OPEC+ agreement decided at their ministerial monitoring committee meeting to stick to their plan to increase oil output in March by 400,000 barrel per day, the group said in a statement.
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