UK: Energy industry decries prospect of Brexit
An ‘overwhelming majority’ of energy industry professionals believes the UK energy system will be less secure and less green if the country votes to leave the European Union, reports The Telegraph.
The BBC reports on the same Energy Institute survey, but leads on the finding that energy investors have been – and continue to be – deterred by policy uncertainty.
Fracking: Ineos looks to dump wastewater in the sea
Emails seen by the Guardian show the chemicals company and would-be shale pioneer plans on dispensing with wastewater from fracking into the sea.
Ineos holds 21 fracking licenses in the UK, and has designs on becoming the biggest player in the nascent industry.
The Scottish Herald reports that the company is also attacking the Labour Party for its motion to ban fracking in Scotland, which was passed the other week as SNP MSPs abstained.
Nuclear: Areva plans revival as Finland looks nervously at French industry
French nuke firm Areva is plotting its return to prominence, with a $9bn refinancing package based on selling assets and dividing the company’s businesses.
The Wall Street Journal has the details.
But the legacy of Areva’s catastrophic few years lives on in its EPR reactor, which has been flailing in Flamanville and hurting at Hinkley.
According to the FT, Finland – the first customer of Areva’s EPR reactor – has been expressing deep concerns over the future of France’s nuclear industry.
But there’s some good news for nukes: The US’ first new reactor in a generation is set to start running.
Energy Voice reports that Watts Bar Unit 2 in Tennessee is due to come online later this summer, after 30 years of stopping and starting.
In other news
Climate: France has become the first country to ratify the Paris agreement, reports The Guardian.
Oil: The industry will spend $1 trillion less on exploration over five years because of the crude price crash, reports the FT.
Climate: As the energy emissions improve, farming emissions are getting worse,reports Climate Central.
Energy: Transitions are usually slow, Vox explains why the clean energy one may be fast.