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Investment in new nuclear declines to five-year low

Global energy investment fell for the third consecutive year in 2017, according to the International Energy Agency (IEA). Investment in nuclear power declined by nearly 45% last year to USD17 billion. Although spending on new reactors reached the lowest level in five years, investment on upgrades of existing units increased.

read more... 19/07/2018

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Daily (18.07.2018): German spot power price dropped by almost 5% on Tuesday, on stronger wind generation and reduced demand

Oil prices increased on Tuesday, due to a decline in stocks and as two of four processing terminals in Venezuela are likely to close because of scheduled maintenance this month. Brent crude rose by 0.5% to $72.16 a barrel. However, WTI crude was almost steady at $68.08 a barrel.

read more... 18/07/2018

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China set to fully control Portugal’s power grid amid Europe’s inertia

China is set to make further inroads into European infrastructure, as a state-owned company attempts to gain full control of Portugal’s power grid.

read more... 18/07/2018

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Vattenfall inks power deal with Novo Nordisk, Novozymes

Swedish utility Vattenfall announced Friday a long-term power purchase agreement with global healthcare company Novo Nordisk and bio innovator Novozymes, both based in Denmark.

read more... 17/07/2018

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GE plans to build Poland's most efficient coal plant

GE Power and Elektrownia Ostroleka signed a contract to build Ostroleka C, an ultra-supercritical (USC) coal-fired thermal power plant in the northeast of Poland, GE announced on Thursday.

read more... 16/07/2018

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