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Booming UK wind power to rival gas and coal operators

UK wind power capacity is expected to sharply increase by late 2012, up 50% to 8,500 MW, reaching about 13% of total installed capacity according to green energy industry group RenewableUK. As a result, gas and coal plants margins may suffer from high wind production over the next three years.

read more... 28/09/2011

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A 900% growth in British solar capacity

A 900% increase in the development of the British solar power was registered in just 18 months notwithstanding of a forecasted recession in the British economy. In line with the discharged figures by AEA, a British energy and environmental consultancy firm, solar panels capacity represents about 75% of the renewable installations in the UK, while wind energy and hydropower installations have doubled since the entering into force of the feed- in tariff system.

read more... 27/09/2011

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Italy to Become the Largest PV Market in the World

Italy is expected to boost its total installed photovoltaic capacity to 12GW by the end of this year, due to generous production incentives, thus becoming a leader in terms of new capacity installed in 2011 as recently stated by Italy's energy management operator GSE.

read more... 22/09/2011

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Global nuclear energy capacity to rise 70% by 2030

Despite dented nuclear outlook in Germany and Japan following the Fukushima’s disaster, global nuclear power capacity will increase by almost 70% in the next 20 years, being mainly driven by demand in China, India, Korea and the United Kingdom, according to the last projections of the World Nuclear Association.

read more... 16/09/2011

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Daily - power up on strong fall in renewable power capacity

U.S. and Brent crude oil futures pared losses on Thursday on increase of the euro index against the dollar supported by rising worries over Europe’s economy and weak equities that sustained crude oil inventories.

read more... 09/09/2011

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