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China: Renewable energy accounts less than 1% in the most polluting country of the world
Even if China is the world's greatest carbon-emitting nation, with about 70 % of China's energy which is generated from coal, hydropower and nuclear accounts 29.3% of the remaining output, while renewable energy, accounts less than 1%, at 0.7%.
read more... 28/11/2012
Daily: European spot power declines on strong French nuclear supply and milder weather
Front crude Brent and U.S. crude oil increased on Friday, backed by new protests in Egypt and optimism about talks on releasing aid to Greece. Front crude Brent climbed 83 cents to settle at $111.38 a barrel on Friday, posting a weekly gain of $2.43. Meanwhile, U.S. crude oil futures rose 90 cents to settle at $88.28 a barrel on Friday, posting a weekly gain of $1.61.
read more... 26/11/2012
China to become world’s largest generator of nuclear power by 2020
Stephen Wilson, the Rio Tinto Energy general manager of markets and industry analysis, said that currently China is the ninth largest nuclear energy producer and that by 2020 it is likely to become the world’s largest generator of nuclear power.
read more... 23/11/2012
Areva to build a new wind turbine factory in Scotland
French nuclear and renewables group Areva has signed a contract with the investment agency Scottish Enterprise to site one of the three new factories it is opening in Europe, in Scotland, the plant would manufacture turbines for use off the coast of the UK, each generating 5 megawatts of electricity, which could supply 6,000 homes per year and could create up to 750 jobs.
read more... 20/11/2012
Centrica to abandon UK nuclear by focusing its expansion in the US
Centrica intends to concentrate investments in the U.S., if it decides to withdraw from new nuclear power stations in the UK. It considers the prospect of higher profit margins and huge opportunities in the shale gas boom. According to senior company sources, only a remarkable change in Government policy on subsidising nuclear power would create a business case for investment.
read more... 19/11/2012