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Daily: UK gas climbs on undersupplied network
Brent crude declined towards $107 per barrel on Friday after a hike of about 18 percent over four weeks, following a slight ease of the conflict in the Middle East. Brent climbed to an eight-week high in the last session, the highest level for seven consecutive days, driven by Middle East conflict and disruptions in output in the North Sea.
read more... 20/07/2012
Italy: New “Conto Energia V” will come into force by the end of August
The fifth feed-in tariff, the new rules for Italian subventions system for photovoltaics, will come into force starting from the 27 of August and represents an amendment to the currently applicable “Conto Energia IV”. The move is a result of the Italian €6 billion photovoltaic feed-in tariff funding limit, reached on July 12.
read more... 20/07/2012
DONG Energy, Siemens: Major offshore wind turbine deal
Danish energy group DONG Energy and the German giant Siemens have inked a major deal, involving the supply of wind turbines. The deal is aimed to strengthen Siemens market position as a supplier of offshore wind turbines.
read more... 20/07/2012
Daily: Brent at a 7-week high on Middle East tensions
Brent crude climbed above $106 on Thursday, reaching a 7-week high, pushed up by the Middle East tensions, while the Fed chief comments helped to curb the risk of a double-dip recession in the USA, improving sentiment of oil demand recovery.
read more... 19/07/2012
EWEA: European offshore wind capacity rise by 523.2 MW in first half 2012
According to the European Wind Energy Association, in the first half of 2012 wind offshore capacity reached a total of 523.2MW, in comparison with 348.1 MW installed in first half of 2011. The power was connected on eight wind farms, six in UK waters, one in Denmark and one in Germany.
read more... 19/07/2012