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UK: renewable energy market set to double by 2017

According to a new report by EDF Energy, the amount of energy generated by renewables in the UK is set to double in the next five years to 75 TWh, contributing 20% of the nation’s total generation capacity.

read more... 28/01/2013

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Coal prices need $80 rise for gas to become competitive

A steady decline in European coal prices that has coincided with a tight gas market means that coal prices would have to rise by almost 80 USD/tonne in order to restore competitiveness to gas for power generation, Deutsche Bank said in a note.

read more... 25/01/2013

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China is devouring 33% of world’s solar panels

China is emerging now as a significant market for solar panels, not only as the largest solar panel supplier in the world, but also as an important consumer of these products. As of Q4 2012, China has been purchasing a third of the world’s solar panels, according to a new research released by NPD Solarbuzz.

read more... 24/01/2013

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Daily: Brent and U.S. crude settled up on Bank on Japan plans

Brent and U.S. crude oil futures for February delivery rose 71 cents to settle at $112.42 a barrel and 68 cents to settle at $96.24 a barrel, respectively on Tuesday, being supported by Bank of Japan's plans to launch an economic stimulus effort and further supported by gains in the U.S. stock market.

read more... 23/01/2013

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UK: new solar centre was launched

The UK has launched a national centre for solar PV, the BRE National Solar Centre (NSC), which will help industry and government to deliver on solar PV opportunities identified in the government’s Renewables Roadmap. It aims to drive innovation in the sector, reduce costs and enhance confidence in the market.

read more... 23/01/2013

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