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Energy Secretary: UK should scrap coal –fired power by 2015

Britain has to halt the remaining coal-fired power stations by 2025 and to restrict their usage by 2023, said Energy Secretary Amber Rudd.

read more... 18/11/2015

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Hungary will begin constructing new nuclear blocks in 2018

Hungary intends to start building two new blocks at its Paks nuclear power plant, which provides approximately 40 percent of the country's electricity requirements, in 2018, as stated by Government Commissioner Attila Aszodi on Tuesday.

read more... 18/11/2015

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Daily: European power prices evolve differently as demand spurred French prices

Crude oil prices decreased over 2% on Friday, prolonging the week’s decline to the largest in eight months, dragged down by largest amount of storage of crude. WTI crude fell $1.01, or 2.42 percent, to settle at $40.74 a barrel. It lost about 8 percent on the week, its most since March. Brent crude dropped 46 cents, or 1.04 percent, to close at $43.60 a barrel. For the week, Brent plunged nearly 8 percent, also its most since March.

read more... 16/11/2015

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Nordex predicts higher sales, margins after Acciona wind purchase

Nordex intends to almost double sales over the next three years, as stated by the German wind turbine manufacturer on Thursday, encouraged by its latest 785 million euros ($844 million) purchase of Spanish company Acciona's wind power business.

read more... 13/11/2015

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Iran and Iraq seal a 6-year gas deal

Iran and Iraq sealed a 6-year gas deal on November 11, under which Tehran will export 25 million cubic meters per day (mcm/d) to feed three power plants in Iraq’s port city of Basra.

read more... 12/11/2015

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