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Britain to pay homes to use less power again this winter

Britain’s National Grid will implement its scheme to pay homes to cut electricity use and help prevent power shortages again this winter, it said, following the success of the service last winter when it was first launched.

read more... 01/09/2023

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France may split from EU on power market reform

France will reform its power market to protect domestic companies from price volatility on a national level if it cannot achieve its aims in the EU discussions, the country’s energy minister said on Tuesday.

read more... 31/08/2023

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Fossil fuels' share in EU power mix at lowest level since records began

Fossil fuels produced just 33% of the EU's power in the first half of this year, the lowest share on record based on data going back to 1990, researchers said on Wednesday.

read more... 30/08/2023

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Bulgaria offers Slovenia new nuclear power plant project

Bulgaria offered Slovenia to join the project for the new reactors at the Kozloduy Nuclear Power Plant as an energy buyer or as an investor, an offer that was already made to Greece earlier this year.

read more... 30/08/2023

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Daily (29.08.2023): German spot power surged dramatically by about 27% amid ongoing heatwave

Crude oil prices ended rather stable on Monday as markets faced another day of uncertainty over price direction. Despite China's economic stimulus measures, worries about possible additional U.S. interest rate hikes overshadowed the positive impact. Thus, Brent crude ended rather flat at $84.42 a barrel. Meanwhile, U.S. WTI crude edged 0.3% higher at $80.10 a barrel.

read more... 29/08/2023

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