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Daily: European power diverge on robust wind supply in Germany, higher consumption in France

Crude oil prices declined as much as 1 percent on Monday, prolonging losses for a consecutive day, dragged down by new stockpile hike at the delivery point for U.S. crude futures and lower Wall Street share prices. On Monday, the front-month in Brent crude futures fell 23 cents, or 0.5 percent, to close at $47.19 a barrel. West Texas Intermediate (WTI) dropped 42 cents, or 1 percent, to settle at $43.87.

read more... 10/11/2015

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Germany's EnBW increases German retail electricity prices next year

Germany's third-largest utility EnBW declared on Monday it will increase retail power prices for the majority of the customers by 2.4 percent from Jan. 1, 2016, quoting higher network charges and a rising share of state-induced charges.

read more... 10/11/2015

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Top 20 countries with largest electricity generation in 2014

Total electricity generated by 20 biggest power generators in the world was 22,432.6 TWh in 2014 — which was up (+) 1.40% than the year before.

read more... 05/11/2015

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GE purchases and combines Alstom to function as GE Power

General Electric (GE) has purchased the electricity and grid operations unit from French Alstom and combined it to form GE Power, subsequent to regulatory approvals in more than 20 countries and regions.

read more... 05/11/2015

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South Africa: Nuclear go-ahead decision is imminent

South Africa’s plan to build nuclear power plants will go on, with the country’s government expected to make a decision on the way forward soon.

read more... 04/11/2015

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