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The European cities turning to geothermal

A growing number of cities in Europe are betting on geothermal to provide households with clean heating, but the little-known renewable energy source will need more attention from Brussels in order to scale up.

read more... 26/10/2021

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Poland refuses to halt disputed coal mine despite EU court penalty

Poland vowed to keep its disputed Turow coal mine running on Monday despite being hit with a order to pay a 500,000 euro ($585,550) daily penalty to the European Commission for defying an earlier court ruling to halt operations.

read more... 21/09/2021

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Daily (10.09.2021): Gas markets extended record highs on Thursday, due to persisting supply concerns ahead of winter season

Oil prices fell on Thursday, following the announcement that China started using its internal strategic crude reserves in order to counteract the rising energy prices. Despite a drop in US crude and gasoline stocks, Brent oil lost 1.6% to end at $71.45 a barrel. WTI crude closed 1.7% lower at $68.14 a barrel.

read more... 10/09/2021

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Record carbon prices fail to stifle German coal margins

Record carbon prices in Europe are failing to price coal out of Germany's base-load merit order this winter, as a shortage of natural gas means there is limited scope for utilities to switch to cleaner alternatives at short notice.

read more... 08/09/2021

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Large seismic campaign kicking off in Geneva, Switzerland

The State of Geneva and the Industrial Services of Geneva (SIG) have announced that they will conduct a prospecting campaign for the Geneva subsoil from September 13, 2021 for a period of approximately six weeks. This 3D geophysical measurement campaign will make it possible to precisely map the subsoil of the Geneva basin in order to locate the most favorable places for the exploitation of geothermal energy.

read more... 02/09/2021

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