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Daily: European prompt power prices slashed by lower temperatures forecasts

U.S. crude plunged at a more than six-year low on Tuesday after China's currency depreciation intensified worries about oil demand in the No. 2 consumer and a new OPEC estimate showed non-member producers are likely to keep output high despite weak prices.

read more... 12/08/2015

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New Zealand marks end to coal electricity

The last two coal-fired power units in New Zealand will be closed in the following three years.

read more... 11/08/2015

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Poland: Electricity grid at risk because of heatwave

Poland's electricity grid operator Polskie Sieci Elektroenergetyczne (PSE) declared on Friday that a heatwave was progressively restraining the country's power production and might put its operations at risk.

read more... 10/08/2015

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RWE to cut back its units to restructure its business

The largest power generator in Germany RWE envisages slashing its middle-management and to trim by about more than half from its 100 local subsidiaries in order to deal more promptly to the country’s energy sector revolution.

read more... 05/08/2015

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European wind energy capacity covers 8% of electricity needs

European wind power capacity grew to a total 129 GW in 2014, according to report recently released by the Joint Research Centre (JRC).

read more... 04/08/2015

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