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UK could become a world leader of marine power

According to a new report from Energy and Climate Change Committee, the UK government should boost support for marine renewable if it is to become the world leader in generating electricity from waves and tidal sources.

read more... 22/02/2012

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England to boost marine power

The South-West of England is likely to be named as UK’s first marine energy park. It will extend from Bristol to Cornwall and as far as the Isles of Scilly. The announcement will create a partnership in the region among national and local government, Local Enterprise Partnerships, the Universities of Plymouth and Exeter and Industry, but also Cornwall’s Wave Hub.

read more... 24/01/2012

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UK onshore, offshore wind subsidies slashed in favor of marine energy

The British government envisages cutting onshore and offshore wind subsidies from 1 Renewable Obligation Certificate (ROC) per MWh to 0.9 ROC/MWh and from 2 to 1.9 ROCs/ MWh respectively, while it will boost the support for wave and tidal technologies.

read more... 21/10/2011

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Japan to enact feed-in tariffs for renewable energy

In the wave of the nuclear disaster that occurred in Japan on March, 11, the government aimed renewable energy as an alternative clean energy generation. Japan’s Upper House of the Diet has approved feed-in tariffs that come into force as of July 1, 2012, under which utilities shall acquire power generated from renewable sources for a set price and period.

read more... 06/10/2011

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Lukoil forced to admit price fixing

The Russian Federal Anti-Monopoly Service (FAS) declared that it is starting the third wave of anti-monopoly measures against Russia's top oil companies, including country’s largest private oil company Lukoil.

read more... 03/08/2011

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