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France: shut down of the oldest nuclear plant after incident, no danger posed

The oldest nuclear power plant in France, Fessenheim, was closed on Saturday after an incident at the facility away from the reactor which did not cause any jeopardy, according to the EDF operator.

read more... 22/04/2014

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Daily: U.S crude oil futures post a slight gain on upbeat economic indicators

Brent crude oil posted a modest gain, while U.S. crude futures showed a slight increase due to optimistic economic data on Monday. However, prices were range-bound in low volumes due to Easter holiday on Sunday, without any intensification of conflicts in Ukraine.

read more... 22/04/2014

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Romania intends to exempt large industrials from renewable energy costs

Large industrial energy consumers in Romania might be exempted from paying about 85 percent of their green energy costs for 10 years, as stated on Thursday by the economy ministry, wishing to avoid the risk of job cuts in an election year.

read more... 18/04/2014

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Poland: agreement of $1.5 billion signed by Tauron for its new coal-fired unit

The No.2 utility Tauron in Poland inked a contract on Thursday with builders Rafako and Mostostal Warszawa to construct a hard coal-fired unit with a capacity of 910 megawatt at its Jaworzno plant, as stated by the companies.

read more... 18/04/2014

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GDF Suez: legal case lost on Belgian nuclear tax of 1 billion euros

The Belgian unit of the French utility GDF Suez declared that a Brussels court had decided in favor of the government in a case concerning approximately 1 billion euros ($1.4 billion) in taxes charged on its profits from producing nuclear power.

read more... 18/04/2014

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