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Power from the Hinkley C nuclear generator could be too expensive

Jim Ratcliffe, the boss of one of the UK's biggest energy consumers, the chemical company Ineos, which owns the Grangemouth oil refinery in Scotland has warned that nuclear power from the Hinkley C generator, will be too costly in comparison to energy from elsewhere.

read more... 17/12/2013

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Coal consumption in the EU decreased 8 % in comparison to 2012 levels

In the first half of 2013 coal consumption in the EU decreased 8 % in comparison to 2012.

read more... 16/12/2013

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Argyll Array: High costs kill off another giant offshore wind farm project

Scottish Power has decided to scrap its plans to build the £5.4bn world's largest offshore wind farm, after four years of planning, citing it as “not financially viable". Some other challenges the project is facing with is tricky ground and wave conditions and the presence of protected sharks.

read more... 16/12/2013

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UK: plans approved for the country’s largest solar farm

Plans to build the UK’s largest solar farm, the Wroughton farm, obtained the permission for realization after the Swindon Borough Council’s planning committee authorized planning consent for the proposed 40MW solar farm in Wiltshire.

read more... 16/12/2013

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Daily: Brent crude trades higher on uncertainty about Libya port restart

Brent crude oil increased in the oscillating trading ahead of the January futures contract expiration on Monday, gaining support from uncertainty if oil ports in eastern Libya will resume exports. Meanwhile, U.S. crude futures dropped on Friday on expectations the Federal Reserve could announce a withdrawal of its bond-buying program as early as next week.

read more... 16/12/2013

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