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Irish BNRG Renewables to build the biggest solar farm in UK

Irish company BNRG Renewables has announced that in September it will start the construction of the biggest solar farm in the UK after securing a 25-year planning permission for a site outside London.

read more... 12/08/2013

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Spain envisages 2.7 billion euro cuts in subsidies

Spain's government intends to cut subsidies for renewable-energy suppliers and increase electricity bills as part of widespread reforms to its energy policy. The government had announced a series of actions intended at reducing the country’s tariff deficit, which amount to more than 26 billion euro, and has been accumulated as a result of a discrepancy between generating costs and electricity prices for consumers for a long period.

read more... 09/08/2013

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Sweden prefers renewables to nuclear

Recently Sweden's energy minister, Anna-Karin Hatt, has announced that the government will not subsidize new nuclear power plants, favoring renewable investments. Electricity production in Sweden is dominated by nuclear power and renewables, which currently make about equal contributions to energy production- about 40%.

read more... 07/08/2013

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UK: renewable production up 19% last year

According to figures published by the UK Department of Energy and Climate Change, electricity produced from renewable energy sources increased 19% last year in comparison to 2011 levels, representing about 11% of all electricity generated in UK, in comparison to a year before when it accounted 9.4%. Meanwhile, consumption of fossil fuels decreased if compared to 2011 levels.

read more... 06/08/2013

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Daily: European spot power prices boost on lower renewables and falling temperatures

Crude oil futures declined on Friday on disappointing U.S. jobs data which alleviated economic optimism, pushing Brent crude to its highest level in four months and encouraging some investors to take profits.

read more... 05/08/2013

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