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Germany will stop to subsidize new fossil fuel-fired power plants

The German government announced on Monday it will not continue to incentivize the construction of new fossil fuel-fired plants by contributing up to 15% of the investment costs.

read more... 22/08/2012

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Bulgaria starts construction of gas pipeline with Romania

In 2009 Bulgartransgaz EAD and S.N.T.G.N. Transgaz S.A. signed a Memorandum of agreement according to which the two countries should cooperate in the construction of the Gas Interconnection Bulgaria – Romania Project.

read more... 17/08/2012

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Nabucco project obtains Hungarian permit

Hungary is now the first country to successfully finish the permitting process for the Nabucco project. The Nabucco pipeline will cross 384 km of Hungarian territory and has received the last environmental permit it needs to begin construction in the eastern European country. According to Managing Director of Nabucco Gas Pipeline International GmbH, Reinhard Mitschek, this is an important step forward for the project.

read more... 16/08/2012

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UK can proceed with the construction of the new nuclear power station

The European Commission has approved the construction and operation of the new nuclear power plant at Hinkley Point in Sommerset, South England, has announced EDF Energy. Last month the commission presented its judgment to the UK Government, coming to the conclusion that the proposed project of the nuclear power plant at Hinkley Point accomplishes the purposes of the Euratom Treaty by contributing to develop a sustainable national energy mix.

read more... 10/08/2012

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Poland’s major coal producer postponed new power plant project

The EU’s first hard coal producer, Kompania Weglowa, has delayed the construction of its coal-fired power plant in 2020, with two years of delay. The 1000 MW power plant will cost about 5 billion Zloty (1.5 Billion dollars), and will burn between 2.5 and 3.5 million tons per year of hard coal producing roughly 5-7 TWh per year.

read more... 09/08/2012

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