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EDF: UK economy could rise on nuclear revival

According to a research commissioned by EDF Energy and performed by the Institute for Public Policy Research (IPPR), the UK investment in new nuclear could lead to an economic growth of more than £ 5 billion a year, in addition to the creation of over 32000 new jobs.

read more... 02/07/2012

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German power grid upgrading plan

Chancellor Angela Merkel unveiled a 20-billion-euro plan to upgrade the country's grid over the next decade as Germany quits nuclear power in favour of renewables such as wind and solar. Operators specified the type and location of new high voltage power lines to be built or modernised. Germany's 70-year old infrastructure was laid out to deliver steady power generated from fossil fuels to nearby consumers. But new installations are springing up not only far from consumers, but they tap renewable sources which produce intermittent power, creating technically challenging supply swings.

read more... 02/07/2012

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Bulgaria to slash wind and solar subsidies from July 1st

Bulgarian state energy regulator SEWRC announced a sharp cut of guaranteed rates for electricity generated by wind and solar power parks on Friday on worries of soaring electricity prices.

read more... 02/07/2012

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Enel Green Power consolidates its position in the Greek photovoltaic market

Enel Green Power (EPG) has launched four new photovoltaic plants in the Peloponnese region of western Greece with a total capacity of 17,4 MW.

read more... 29/06/2012

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Daily: Brent up to $94, but at the deepest quarterly loss since 2008

Brent rallied alongside other commodities on Friday, up 2$ after European leaders found a strategy to tackle increasing borrowing costs in Italy and Spain, but settled at the deepest quarterly loss since 2008.

read more... 29/06/2012

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