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Shuttered Three Mile Island Nuclear Plant Poised for 2027 Restart

OilPrice

Constellation Energy announced Tuesday it is accelerating plans to restart Unit 1 of the Three Mile Island nuclear plant by 2027, as mounting power demand and evolving energy policy breathe new life into the once-retired facility. The proposal could make Three Mile Island the first U.S.

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EU Aims to Cut All Russian Gas Imports by 2027

OilPrice

As the European Union seeks to end its dependency on Russian energy, the European Commission is set to propose this week a ban on new contracts for natural gas supply with Russia on the basis of trade law, which needs a majority vote approval instead of a unanimous EU call.

Gas
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PJM’s Record-High Capacity Prices Spark Sector Reckoning as Market Signals, Policy Battles Intensify

POWER Magazine

MW-day across the board for the 2026/2027 delivery year—the maximum allowed under new Federal Energy Regulatory Commission (FERC) rules. Capacity prices in PJM Interconnection’s latest auction spiked to the market’s price ceiling, hitting $329.17/MW-day

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Oklo Advances Siting, On Track for Aurora Nuclear Fast Reactor Deployment at INL in 2027

POWER Magazine

Advanced nuclear firm Oklo has signed an Interface Agreement (IAG) with Idaho National Laboratory (INL), marking a key regulatory milestone in the siting and environmental review of its first commercial […] The post Oklo Advances Siting, On Track for Aurora Nuclear Fast Reactor Deployment at INL in 2027 appeared first on POWER Magazine.

IT
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Supermajors to Significantly Boost Oil and Gas Output in Nigeria

OilPrice

Shell sees the start-up of the Bonga North deepwater oil and gas field by 2027, while TotalEnergies expects the Ubeta gas field to also begin production by that year, the top executives of the Nigerian units of the supermajor told an energy conference in Nigeria.

Gas
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Slovakia to Tap Up to 100% Russian Gas Under EU Exemption

OilPrice

Slovakia’s government is planning to increase its intake of Russian pipeline gas under a temporary EU exemption, reversing earlier commitments to phase out Russian energy supplies in a controversial move amid a growing bloc-wide crackdown on Russian fossil fuels.

Gas
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UK Government Promises to Cut Industrial Energy Bills

OilPrice

The Starmer government has promised it would reduce industrial users’ electricity bills by up to 25% from 2027 as part of its energy strategy, due to be released this week.