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Japan to boost renewable energy by 2020

The world’s worst nuclear crisis in 25 years pushed many global leaders to review its perception over nuclear energy by changing its energy “way” toward renewable energy. So, the Japanese government will ease the rules on developing geothermal, wind and hydraulic utilities, thus strengthening the public energy safety.

read more... 20/10/2011

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Western Wind stock prices strongly increased

Western wind stock prices settled a strong increase on the Toronto Stock Exchange, immediately after the announcement that Algonquin Power & Utilities Corp. plans to purchase Western Wind Energy Corporation, a renewable energy developer. Western wind stock prices increased 58 percent to 2.10 dollars, having set the largest increase since June 2001.

read more... 19/10/2011

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New feed-in tariffs for anaerobic digestion in UK

The new feed-in tariff scheme for anaerobic digestion in UK was approved by the European Commission that took effect last September 30. Under the new scheme, the projects under 250 kW will receive 14 pence per kWh and 13 pence per kWh for projects with a capacity between 250 and 500 kW, while the anaerobic utilities up to 500 kW will receive 12.1 pence per kWh.

read more... 17/10/2011

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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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Daily – Societe Generale lowered carbon price forecasts on over-supply in the market

Societe Generale announced on Tuesday to have reduced its price forecasts for European Union and U.N. carbon emissions permits from 2011 to 2015, due to over-supply in the market and less hedging by utilities, following other carbon analysts who have lowered their price forecasts earlier this month on the back of a slowing EU economy undermining demand for EU Allowances (EUAs) permits. Benchmark 2011 EUAs traded at around 11.90 euros a tonne on Tuesday.

read more... 13/09/2011

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