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A big solar storm is expected in the next decade

Solar scientists consider that the probability of a solar storm hitting Earth in the next decade with sufficient strength to do significant damage to power networks might be of about 12 percent.

read more... 28/07/2014

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Wind power will account for more than 7 percent of the world’s electricity mix by 2018

Despite a dramatic slowed growth in the global wind power in 2013, the prospects on worldwide wind industry are rising, according to a new report from Navigant Research.

read more... 25/07/2014

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Japan to fund coal-fired power plants worldwide

The Japanese government has unveiled its support for the development of coal-fired power worldwide, by providing an annual investment of $4 billion. The move is neglecting calls from the Obama administration and global environmental groups to reduce public funding for carbon-intensive coal.

read more... 24/07/2014

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Daily: German power prices at 4-month high on threat of new sanctions against Russia

Crude oil prices increased on Wednesday, as oil inventories in the U.S. dropped more than predicted and as geopolitical tensions in Eastern Europe and the Middle East continued. Brent crude for September delivery boosted 70 cents to close at $108.03 and continued to rebound in post-settlement trade to hit $108.19 at 3:48 p.m. EDT (1948 GMT), while U.S. crude for September delivery boosted 73 cents to $103.12 a barrel.

read more... 24/07/2014

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Denmark: Onshore wind beats all other forms of electricity generation on cost

Onshore wind power is proved to be the cheapest form of electricity generation in Denmark, according to a new research study released by the Danish Energy Agency (DEA).

read more... 23/07/2014

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