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UK-Denmark power interconnector to be operational by end-2022

The first submarine power interconnector between Denmark and Britain is expected to be operational at the end of 2022, later than previously expected, according to the declarations made by grid companies.

read more... 23/10/2015

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Daily: European spot power prices diverge, with German up and French declining

Crude oil prices edged higher on Thursday, spurred by a hike in gasoline and technical charts calling for stronger prices slashed by concerns about high U.S. crude stockpiles. Brent crude rose by 23 cents, or 0.5 percent, to settle at $48.08 a barrel. WTI crude boosted 18 cents, or 0.4 percent, to close at $45.38.

read more... 23/10/2015

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China will purchase 33.5% stake in EDF’s Hinkley Point C nuclear facility in UK

China General Nuclear Power (CGN) has inked an investment deal with EDF for the building and operation of the suggested Hinkley Point C nuclear power station in Somerset, the country’s first new nuclear plant to be constructed in more than 20 years.

read more... 23/10/2015

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Ofgem will spur more competition in constructing onshore electricity infrastructure

Ofgem is analyzing on how to tender out new onshore power transmission infrastructure projects estimated £100m or more. The first tender might take place in 2017.

read more... 22/10/2015

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RWE commissions two new onshore wind power plants in Poland

RWE Polska, part of German energy group RWE, has commissioned two wind farms in Poland with a combined capacity of 45 MW, boosting the company's total capacity in the country to around 240 MW, which can supply annually an equivalent of 250,000 homes with green electricity.

read more... 21/10/2015

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