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Renewable energy beats nuclear as Scotland’s main power source

Renewable energy in Scotland from wind farms, hydro power plants and other green sources has exceeded nuclear, becoming the top source of electricity in the nation in the first months of 2014, according to figures from the Department of Energy and Climate Change (DECC).

read more... 01/12/2014

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German renewable energy scheme approved by EU regulators

Germany subsidies for generating renewable energy did not contravene EU regulations, as stated by the European Commission on Tuesday, subsequent to an in-depth examination into whether they had constituted inequitable competition.

read more... 26/11/2014

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Electricity bills for 12 million German households to drop starting from January

Several 12 million German households' electricity bills will reduce by an average 2.4 percent starting from January since 115 energy firms pass on lower wholesale prices and charges to sustain renewable power, as mentioned by the internet portal Check24 on Monday.

read more... 19/11/2014

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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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