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Daily: European spot power prices up on colder weather

Crude oil prices dropped on Tuesday dragged down by a significant decline in U.S. gasoline futures and as an industry report released by API indicated stronger fuel stockpiles in the world’s largest oil consumer. Brent crude oil futures for July delivery closed 89 cents lower at $103.91 per barrel, after having fluctuated above $105 and to a low of $103.51. U.S. June crude oil futures, which expired on Tuesday, ended the session 55 cents lower at $95.16 a barrel after trading between $95.50 and $96.97, while July contract ended 75 cents lower at $96.18 a barrel.

read more... 22/05/2013

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Turkey is heavily investing in nuclear power

While many EU countries are intensively investing in renewables , Turkey is envisaging the construction of three new nuclear power plants. Turkey is currently looking at nuclear power as it aims to reduce its dependence on imported energy.

read more... 22/05/2013

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WWEA 2012: 100 countries are using wind power

A report released by the World Wind Energy Association (WWEA) shows that global wind power is expected to reach a capacity of 500 GW by 2016 and about 1 million MW by 2020.

read more... 21/05/2013

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Renewable energy in UK increased in 2012 considerably

The Department for Energy and Climate Change (DECC) released the latest figures on the UK's energy growth in 2012, showing an increase in the share of power produced from renewable energy.

read more... 17/05/2013

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A new electricity grid research centre has opened in Scotland

Europe’s first electricity grid research centre was opened in Scotland. The centre will study how advanced technologies can outline the low-carbon power industry of the future, while researchers, engineers and industry specialists will carry out research and develop new technologies in the sector, ranging from advanced grid control schemes to intelligent sensor systems.

read more... 16/05/2013

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