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Offshore wind industry hastens to reduce costs since subsidies decline

As European governments begin to reduce offshore renewable electricity subsidies, utilities, wind turbine manufacturers and installers are aiming to decrease costs to aid the industry survive.

read more... 17/11/2014

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Daily: European power prices jump on colder weather forecasts, weak renewable supply

Brent crude boosted almost $2 a barrel on Friday for its sharpest daily gain in three weeks as a support came a day after prices plunged to four-year lows below $80. Brent's new front-month contract, for January delivery, settled at $79.41 from Thursday's $77.49. U.S. crude's front-month increased by $1.61 to close at $75.82 a barrel, after a four-year low at $73.25 and session high of $76.30.

read more... 17/11/2014

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Daily: European power prices fell on robust renewable supply

Crude oil markets declined on Thursday following a one-day hike as concerns about strong supplies returned to pursue traders, while a dollar rally added to the pressure, weighting on commodities priced in the currency. At the settlement, Brent's front-month declined by 9 cents to trade at $82.86 a barrel, compared to its 90 cent- decline earlier in the day. U.S. crude close down 77 cents at $77.91, after slipping as much as $1.56 during the session.

read more... 07/11/2014

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Daily: European power prices fall on milder weather, higher renewable production

Brent crude futures dropped below $86 a barrel on Friday as a result of a firmer dollar and a well supplied oil market.

read more... 31/10/2014

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Germany: slight decrease in the renewable power surcharge for households

A surcharge incorporated since 2000 on German household electricity bills to aid support green energy will be cut for the first time, as stated by network companies on Wednesday.

read more... 16/10/2014

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