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Switzerland to close its Muehleberg nuclear plant by 2019

Following the March 2011 Fukushima nuclear disaster, the Swiss government has decided to phase out nuclear power as an energy source for electricity generation and to look more towards energy efficiency and renewables.

read more... 05/11/2013

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Daily: European spot power prices up, however curbed by more wind

Brent crude dropped considerably on Friday, dropping about $3 a barrel, and settling at its lowest level since early July, reducing its premium to U.S. crude in heavy selling, as traders focused on a strong dollar.

read more... 04/11/2013

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Daily: European spot power drops ahead of All Saints Day holiday

Brent crude futures declined more than $1 on Thursday, reversing the anterior gains, as traders booked profits. Traders sold Brent after the spread between the international benchmark and the U.S. oil benchmark West Texas Intermediate (WTI) widened to the largest level in six months at $13.60 per barrel.

read more... 01/11/2013

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Sweden prefers renewables to nuclear

Recently Sweden's energy minister, Anna-Karin Hatt, has announced that the government will not subsidize new nuclear power plants, favoring renewable investments. Electricity production in Sweden is dominated by nuclear power and renewables, which currently make about equal contributions to energy production- about 40%.

read more... 28/10/2013

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Poland: coal demand could be reduced by 50% by 2030

Poland is one of the fastest-growing economies in the European Union and the power that drives it comes from the dirtiest of fossil fuels- coal. But, according to a new study made by researchers in Germany and Poland, renewable energy groups and environmental group Greenpeace, Poland could reduce by almost 50% its demand for coal by 2030 shifting to wind, solar, hydro, biomass and geothermal energies.

read more... 28/10/2013

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