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Lithuania: free 2013 EU emissions allowances to be offered to utilities

Lithuania has been offered the permission to give utilities free carbon allowances for their 2013 emissions, making it the final nation to obtain European Commission authorization under a programme to aid Eastern Europe clean up its electricity sector.

read more... 30/10/2014

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Verbund nine-month profit drops by 86%

Austrian utility Verbund registered a decline of 86 percent in group profit for the first three quarters of 2014 to 63.8 million euros ($81.3 million) because of decreasing electricity prices, reduced water supply and impairment losses on its Romanian wind farms.

read more... 29/10/2014

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Serbia’s major electricity plant tenders for coal because of flooded mine

Serbia's biggest coal-fired power plant complex Nikola Tesla (TENT) proposed a tender on Monday for 1.3 million tonnes of coal to compensate the shortages created by the overflowing of its dedicated mine.

read more... 28/10/2014

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BREAKING NEWS: **** NEW POWER REGULATED TARIFFS and GRID COSTS FOR HUNGARY ****

Changes in electricity regulated all in tariffs and grid costs for liberalized end-users starting from September 1st, 2014

read more... 24/10/2014

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Wind power could hit 2,000 GW by 2030

Installed wind power could hit 2,000 GW globally by 2030 and could meet up 19% of electricity demand, according to a report performed by a trade association and Greenpeace.

read more... 22/10/2014

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