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Romania intends to cut support to renewable energy

Romanian energy market regulator ANRE, has announced on Friday, that Romanian government will cut its support for renewable energy, in particular for wind, solar and small hydro renewable energy projects. Romania's support scheme gives renewable power producers green certificates for each megawatt produced. Providers must get a rising percentage of the power they sell from renewable energy and buy certificates to meet these goals.

read more... 02/04/2013

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Daily: Brent crude settles higher in choppy trading, while U.S. crude declines on pipeline leak

Brent crude increased over $111 a barrel in choppy trading on Monday as Saudi Arabia forecasted strong demand coming from Asia, while U.S. crude prices dropped as a pipeline leak in Arkansas threatened to increase the oversupply of oil in the U.S. Midwest.

read more... 02/04/2013

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UK: CO2 emissions increased in 2012

UK's emissions increased by 4.5% in 2012, if compared to 2011 levels, in major part due to an increase of almost 31% of coal consumption in power stations. Coal prices have decreased considerably as the US has exported the coal it no longer needs at home, thanks to the shale gas boom.

read more... 02/04/2013

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UK: Offshore wind farms generated a record amount of electricity in 2012

UK renewable power generation hiked by 20% in 2012 due to the contribution of new offshore wind farms in spite of lower than average wind speeds over the year, according to figures released by the Department of Energy and Climate Change (DECC).

read more... 02/04/2013

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UK’s Kingsnorth coal power plant closed today

The Kingsnorth coal plant in Kent has closed today, E.ON’s plant has stopped working already in December, but today it has officially closed. After forty years of producing electricity, the 2,000MW plant, has begun a two year decommissioning process which could lead to demolition.

read more... 29/03/2013

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