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EU draft shows plan for more fixed-price electricity contracts

The European Union wants to expand the use of contracts that pay power plants a fixed price for electricity, a draft proposal showed, to shield European consumers from big price swings.

read more... 08/03/2023

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Britain uses coal-power back up for the first time with supply tight

Britain's National Grid called on reserve coal-power units for the first time to provide electricity during a period of expected tight supplies on Tuesday as a cold snap sweeps the country.

read more... 08/03/2023

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Brussels targets 40% of clean tech manufacturing in Europe by 2030

The European Commission is drafting a new target to have at least 40% of clean technologies manufactured in the EU by 2030 as part of a drive to meet its climate goals and strengthen energy independence. Eligible technologies include renewables, nuclear power and carbon capture and storage, among others.

read more... 07/03/2023

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Renewables added 66GW to global grid in 2022

Renewables and clean energy projects added nearly 66GW to the global power grid in 2022.

read more... 06/03/2023

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Utilities expect UK to maintain household power bill support

British energy companies expect the government to change course and maintain its support for households for high gas and electricity bills at or near existing levels after the current package expires in April, reported the BBC on Friday.

read more... 03/03/2023

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