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UK solar installations reached 1.3 GW due to drastic cuts in FiT

The Department of Energy and Climate Change has released new figures according to which a total capacity of 1.3 GW of solar installations was installed nationally at the end of September 2012. The severe cuts in feed-in tariffs for solar power in the UK reduced installations by almost 60 % in April, leaving the government far behind from its goal of 22 GW of PV by 2020.

read more... 26/10/2012

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UK government offers new 167 oil and gas exploration licenses in North Sea

The UK Department of Energy and Climate Change (DECC) has offered 167 new oil and gas licenses to companies under the 27 Licensing Round, following a record level of interest by oil companies.

read more... 26/10/2012

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Daily: UK gas prices decline on firmer imports from Norway and Europe

Brent crude prices declined for a seventh straight session and U.S crude futures declined for a fifth straight day on Wednesday in choppy trading on rising U.S. crude inventories and pessimistic euro zone data which offset encouraging signs that Chinese petroleum demand could stage a recovery.

read more... 25/10/2012

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China to end nuclear ban after Japan's Fukushima disaster

China is seeking to steadily resume construction of new nuclear power plants, approving a small number of nuclear power projects by 2015. The government froze new nuclear power projects and ordered a national scrutiny of existing plants after Japan's Fukushima disaster.

read more... 25/10/2012

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Daily: UK forward gas declines in line with crude oil

Brent and U.S. Crude futures continued to decline on Tuesday in post-settlement trading on the American Petroleum Institute declarations that U.S. crude and gasoline stocks posted a gain last week, though less than analysts expected, while distillate stocks dropped along the expectations.

read more... 24/10/2012

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