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UK to pay offshore wind developers triple market electricity price

Under a subsidy program to boost renewable energy that by 2020, the UK is engaged to pay offshore wind developers triple the market price for electricity they generate at £155 per megawatt-hour, move that will cost consumers 7 .6 billion pounds ($11.6 billion) a year.

read more... 28/06/2013

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Italian incentive program V Conto Energia has reached its limit of 6.7 billion euro yesterday

Yesterday the Italian energy agency Gestore dei Servizi Energetici (GSE) has announced that the financial limit of 6.7 billion euro of the Italian V Conto Energia PV incentive programs has been reached.

read more... 07/06/2013

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Daily: Crude oil futures end mitigated drawn by views on economy and Fed

Crude oil futures were mixed on Tuesday, with Brent declining on a weak global economic outlook and U.S. crude ended higher, pushed up by the optimism about the Federal Reserve’s stimulus program. Meanwhile, U.S. crude futures settled 48 cents higher at $93.61 per barrel, increasing one-half percent after dropping as low as $91.65. Brent crude oil futures settled 24 cents lower at $102.19 a barrel after trading between $101.08 and $102.85.

read more... 31/05/2013

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Brief history about the Italian V Conto Energia

The first Italian National Energy Program dates 1975 when, immediately after the first oil crisis, the Parliament noticed the problem of the increasing fossil fuels prices. The objective was to design a new national energy system fossil fuel free, the only solution was to build new nuclear power reactors, but a referendum where about 70% of the Italians decided to vote against nuclear, stopped the construction of all the nuclear plants all over Italy.

read more... 15/05/2013

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Poland is working on plans for its first nuclear power plant

Poland wants to reduce its dependence on highly polluting coal and expensive Russian gas imports, so it is working hard on its program for introducing nuclear power in its energy mix. At present it is highly dependent on coal, which provides around 90% of the country’s energy.

read more... 03/05/2013

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