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Debt-crippled RWE slashes investments in renewable energy business
RWE Innogy, the renewable branch of Germany’s No.2 utility RWE, plans to slash its investments in renewable energy business to 1 billion euros ($ 1.2 billion) between 2015 and 2017 amid a crisis in the power sector which has triggered an accumulated debt of 31 billion euros ($36.7 billion).
read more... 13/01/2015
London to develop the oldest electricity plant to power underground railway network
London mayor Boris Johnson on Thursday revealed plans for a development of one of the world's oldest electricity stations to aid power the capital's underground rail network.
read more... 09/01/2015
UK wind power breaks a new record high
Wind powered more than a quarter of British homes in 2014, according to advocacy group RenewableUK, citing statistics from National Grid.
read more... 06/01/2015
UK connects to the grid its largest solar power farm
The largest solar farm in the UK, able to power 14,000 households, has been connected to the national grid in Oxforshire.
read more... 05/01/2015
Daily: European spot power prices jump reflecting stronger heating demand amid cold spell
Crude oil prices dropped on Monday, dropping more than $1 a barrel, dragged down by market’s fears about supply glut and dipping to their lowest level since May 2009. Global benchmark Brent crude decreased $1.57 to close at $57.88. U.S. crude tumbled $1.12 to end at $53.61 a barrel, following Brent downward.
read more... 30/12/2014