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Europe: Renewables share in power generation set to increase by 40% in 2020

The renewables’ contribution in Europe’s generation capacity is expected to increase to at least 40% by 2020, overtaking the capacity supplied by coal, natural gas and oil, declared the region’s grid operators group Entsoe.

read more... 29/11/2013

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IEA: China to register the biggest increase in terms of renewable energy generation by 2035

According to a new report from the International Energy Agency, China is expected to see the largest absolute increase in output from clean energy, building more renewable power plants through 2035 than the U.S., EU and Japan combined.

read more... 28/11/2013

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Daily: British prompt gas prices firm as Belgium halt tightens supply

Brent futures traded near $111 a barrel on Tuesday as supply concerns intensified again, with investors assessing the milestone deal between Iran and world powers would not result in an immediate increase in shipments from the OPEC member.

read more... 27/11/2013

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Daily: Brent North Sea crude slips after Iran nuclear deal

Brent crude prices dropped more than two percent on Monday after an important deal between world powers and Iran over its controversial nuclear programme. Last week, Iran agreed to slash its nuclear programme for the next six months in exchange for limited sanctions relief.

read more... 26/11/2013

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Daily: European power prices mixed on different weather conditions in France, Germany

The price of benchmark Brent crude oil increased for a second consecutive session on Friday on short-covering. London-traded Brent settled 97 cents higher at $111.05 after setting a six-week high of $111.40.

read more... 25/11/2013

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