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Scandinavia’s largest offshore wind farm opens

Swedish Vattenfall opened Scandinavia’s largest offshore wind farm, Horns Rev 3, the company announced in a statement Thursday.

read more... 23/08/2019

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Serbian, Hungarian power exchanges to merge operations by end-2019

The power exchanges of Serbia and Hungary are expected to merge their business by the end of the year to create a strong regional player, Serbian energy minister Aleksandar Antic said.

read more... 23/08/2019

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Daily (22.08.2019): NBP spot surged by 5.4% on Wednesday as the outage at Culzean gas field has been extended

Oil prices diverged on Wednesday. Brent crude price rose due to a higher-than-expected draw in U.S crude stockpiles, while WTI futures dropped due to continued worries about the global economy. Brent crude added $0.27, or 0.5%, to $60.30 a barrel. Meanwhile, WTI crude lost $0.45, or 0.8%, to end at $55.68 a barrel.

read more... 22/08/2019

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German renewables levy to rise slightly in 2020 and peak the year after – think tank

Germany's renewables levy, the EEG surcharge, is expected to rise slightly from 6.41 cents per kilowatt-hour (kWh) this year to between 6.5 and 6.7 in 2020, according to calculations by think tank Agora Energiewende*. The main reasons for the expected rise are increasing wind power capacity and a declining balance in Germany’s “green energy account”, writes Agora Energiewende.

read more... 22/08/2019

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Ukraine's DTEK to import 400,000 mt of coal from Colombia

Ukraine's largest producer of power from fossil fuels, DTEK, will import at least 400,000 mt of coal from Colombia within the next few months, Maksym Tymchenko, DTEK general manager, said Tuesday.

read more... 22/08/2019

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