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Daily: European prompt power prices jump on weak renewable energy production

Brent crude oil increased on Monday, while WTI crude dropped amid light trading, as geopolitical tensions in Ukraine and in Libya help offset plentiful supplies and expected weak demand after a set of pessimistic economic data from the United States and Europe. Brent crude augmented 36 cents to close at $102.65 a barrel, after hitting a 14-month low of $101.07 on August 19. U.S. crude slipped 30 cents to settle at $93.35 a barrel.

read more... 26/08/2014

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UK government and Green Bank to make an investment of 74 million in a new renewable plant in Scotland

Britain's government and the Green Investment Bank intend to make an investment in a new renewable energy plant in Scotland, which will facilitate power a famous whisky distillery.

read more... 19/08/2014

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European Commission approves the Czech renewable energy scheme

The European Commission has approved state subventions for the Czech Republic’s new renewable energy subsidy scheme, saying they are in line with the EU state aid legislation.

read more... 14/08/2014

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UK wind power hits a new record in August

This past Sunday night, at about 10 pm local time, the UK’s wind energy industry set a fresh hourly output record, delivering an average of 5 GW of power over the hour and covering 17 per cent of national demand, according to trade association RenewableUK.

read more... 13/08/2014

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Trina Solar to buy a 49.9 MW solar power plant in England

China-based Trina Solar, a global leader in photovoltaic modules, solutions and services, unveiled the acquisition of a 49.9 MW utility-scale ground-mounted power project in Norfolk, eastern England from UK renewable energy supplier Good Energy Group.

read more... 13/08/2014

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