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Areva-controlled conglomerate will pay $554 million to settle Finnish reactor row

France’s Areva and Germany’s Siemens will make a payment of 450 million euros (£400 million) for cost overruns and postponements at a nuclear reactor which they are constructing for Teollisuuden Voima (TVO) in Finland, settling a long-running dispute.

read more... 12/03/2018

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Shell and ITM aim to construct German hydrogen plant

Shell and ITM Power plan to build the world’s biggest hydrogen electrolysis plant in Germany.

read more... 22/01/2018

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Daily (04.01.2018): UK day-ahead gas price fell 2.1% on Wednesday on milder weather and high wind generation

Oil prices surged by about 2 percent on Wednesday to the highest in 2-1/2 years, with purchasing stimulated by a sixth day of unrest in OPEC member Iran and strong economic data from the United States and Germany. International benchmark Brent crude futures ended up $1.27 a barrel, or 1.9 percent, to $67.84 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures settled at $61.63 a barrel, up $1.26, or 2.1 percent.

read more... 04/01/2018

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A third of German power is generated from renewables

A third of Germany’s electricity in 2017 was supplied by renewable energy, according to the calculations made by the Association of Energy and Water Industries (BDEW).

read more... 29/12/2017

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Germany launches the tallest wind turbines in the world

New German wind turbines, considered the tallest in the world, are now operational.

read more... 21/12/2017

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