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European Commission sets new 2030 climate goals

The European Union trimmed its long-term climate and energy goals on January 22, proposing less tight targets than previously amid rougher economic conditions and the necessity to curtail increasing energy costs.

read more... 24/01/2014

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The EC has proposed a new plan for ocean energy

The European Commission has revealed a new plan for ocean energy sector in Europe. European leaders have today delivered a new action plan to support the development of the renewable marine energy sector. Its exploitation would contribute to lower carbon emissions across the EU as well as providing Europe with secure and reliable energy sources.

read more... 23/01/2014

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Eolus and Google have signed a new contract for a new wind farm

Google has signed a new agreement to buy all electricity generated from four winds farm in southern Sweden. The project will consist of 29 turbines, having a total capacity of 59 MW, and is likely to be fully operational by 2015. Eolus and Google have announced that planning permission has been granted.

read more... 23/01/2014

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Daily: Crude oil prices trade higher on strong economic data from China

Oil prices traded higher in heavy trade on Thursday, supported by strong economic data from China, the eurozone and the United States, with U.S. crude prices getting an additional support from expectations that the key Seaway pipeline could resume full capacity operation within a week.

read more... 23/01/2014

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Npower: British energy bills set to rocket by more than £200 by 2020

British energy bills are expected to increase over £200 by 2020, unless energy efficiency measures are embraced, driven by costs of government green policies, according to a controversial report recently released by the energy supply Npower. It reiterated that households should take more initiatives to insulate their homes, cutting in such a way the bill to £1,240.

read more... 23/01/2014

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