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Europe’s Nuclear Power Plants Are Running Out of Water as Record Heat Grips the Continent

Europe’s Nuclear Power Plants Are Running Out of Water as Record Heat Grips the Continent

Extreme heat and drought have pushed major European rivers to exceptionally low levels, forcing nuclear shutdowns and output cuts from Romania to France and highlighting a growing climate-resilience challenge for Europe’s electricity system. Europe’s prolonged heat and drought are putting the continent’s power system under mounting pressure, constraining nuclear generation

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Europe’s Wildfires Are Exposing a Growing Insurance Gap

Europe’s Wildfires Are Exposing a Growing Insurance Gap

Insurers can absorb this summer’s losses. The larger question is whether rising wildfire risk will force Europe to rethink how governments, insurers and communities share the financial costs of climate disasters. Europe’s severe wildfire season is exposing a financial vulnerability that extends well beyond the communities in the path of

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Europe’s Drying Rivers Are Exposing a New Economic Vulnerability

Europe’s Drying Rivers Are Exposing a New Economic Vulnerability

Exceptionally low water levels across major European waterways are disrupting shipping, agriculture and electricity generation, showing how water security is becoming a strategic economic issue for the continent. Europe’s prolonged heat and drought are pushing some of its most important rivers to unusually low levels, turning a water crisis into

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Europe’s Palantir Reckoning Puts Digital Sovereignty to the Test

Europe’s Palantir Reckoning Puts Digital Sovereignty to the Test

European governments are placing greater scrutiny on their reliance on Palantir and other foreign technology providers as control over data, artificial intelligence and critical digital infrastructure moves higher on the national security agenda. The development, highlighted by POLITICO Europe, does not amount to a coordinated European retreat from the American

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Iberdrola Expands Nordic Grid Strategy With $5.8 Billion Acquisition of Finland's Largest Power Network

Iberdrola Expands Nordic Grid Strategy With $5.8B Acquisition of Finland’s Largest Power Network

BILBAO, Spain — Spanish energy company Iberdrola has agreed to acquire an 80% stake in Caruna, Finland’s largest electricity distribution company, in a transaction valuing the business at approximately $5.8 billion, including debt. The acquisition marks one of the company’s largest recent investments in regulated electricity networks as utilities across

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EU Approves France’s €63 Billion Offshore Wind Plan in Major Boost to Europe’s Clean Energy Transition

EU Approves France’s €63 Billion Offshore Wind Plan in Major Boost to Europe’s Clean Energy Transition

BRUSSELS — The European Commission has approved a landmark €63 billion (approximately US$74 billion) French state aid program to accelerate the development of offshore wind energy, clearing the way for one of Europe’s largest renewable energy investments and reinforcing the EU’s drive toward energy security, industrial competitiveness and net-zero emissions.

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