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Serbia, IMF settle on 15% electricity price increase in 2015

Serbia established with the International Monetary Fund that it would increase power prices this year by 15 percent, as stated on Wednesday by Daehaeng Kim, the IMF country representative.

read more... 05/03/2015

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Germany: Steag seen as possible purchaser of Vattenfall lignite assets

The manager of German energy sector trade union BCE declared it would be "not unreasonable" for German electricity company Steag GmbH to manifest interest in acquiring lignite assets Swedish utility Vattenfall has put up for sale in Germany, less than two weeks after Steag stated it was not in negotiations.

read more... 02/03/2015

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Italy intends to eliminate standard power pricing from 2018

Italy plans to scrap the standard power and gas tariff regime for households and small companies from 2018 as part of efforts to liberalize the retail electricity market, as stated on Friday by the Industry Minister Federica Guidi.

read more... 23/02/2015

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France and Spain will inaugurate the longest underground high-voltage cable in the world across the Pyrenees

French and Spanish power grid operators have commissioned a long-awaited underground high-voltage cable across the Pyrenees that will enhance the supply security of both countries and will allow Spain to exports its excess of renewable electricity, easing one of the worst network bottlenecks in Europe.

read more... 16/02/2015

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EEX expects growth in Italian gas and electricity trading

The European Energy Exchange (EEX) anticipates Italy's energy trading market to develop and intends to launch gas contracts there since more firms transfer from bi-lateral supply agreements to market alternatives, as stated by its chief executive on Wednesday.

read more... 12/02/2015

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