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Daily: Nordic power prices down on higher nuclear power output
Nordic spot electricity prices decreased on Friday, on prospects of lower consumption and higher nuclear power output. The prices for the day-ahead for Friday delivery eased to 31.4 euro per MWh from 32.9 euro on Thursday. Nordic forward power prices bounced on Thursday on good weather forecasts in a hydro-dependent region.
read more... 30/08/2012
Enel Green Power has completed a new wind farm in Romania
Italian renewables giant Enel Green Power (EGP) has fully grid-connected the new Moldova Noua wind farm in the Banat, Romania. The fully operational plant includes 21 wind turbines with a total installed capacity of 48MW, and will be able to generate some 130 million kilowatt hours, therefore avoiding the emission of over 70 thousand tons of CO2 into the atmosphere.
read more... 30/08/2012
Russia to lead in global pipeline construction until 2016
According to a report made by experts from Global Data, which gives information on planned pipeline lengths by the top five countries, Russia will build more pipelines than any other country in the world in the next four years by adding 14,053 km of pipelines, accounting about 15% of the pipeline length to be constructed globally during this time, and a 63% share of the European total.
read more... 30/08/2012
E.ON will not build new gas or coal plants in Western Europe
Germany’s largest utility announced its intent not to build new power capacity based on coal or gas in Western Europe at least until 2020 because the market seems to become oversupplied until the last remaining German nuclear reactors will be shut down permanently, while in Eastern and Southern Europe the situation is different.
read more... 29/08/2012
US PV market reached 1.7 GW installed in first six months of 2012
According to a study made by IMS Research, US Photovoltaic installations more than doubled in the first half of 2012, reaching 1.7 GW and is expected to reach 4.3 GW in 2012, a growth of over 120% in comparison to 2011. The country is expected to become the third largest PV market in 2012, accounting for 40% of new capacity growth.
read more... 29/08/2012