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Poland is working on plans for its first nuclear power plant

Poland wants to reduce its dependence on highly polluting coal and expensive Russian gas imports, so it is working hard on its program for introducing nuclear power in its energy mix. At present it is highly dependent on coal, which provides around 90% of the country’s energy.

read more... 03/05/2013

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European power trading volumes uncertain after the 2012 drop

Trading volumes in Europe's major wholesale power markets dropped 12% in 2012, and nearly four months into 2013 the direction of the market is too uncertain to predict. Trading volumes dropped to 8,534 TWh in 2012 in France, Germany, Italy, the Netherlands, Spain, Britain and the Nordic region from 9,645 TWh in 2011, according to estimates.

read more... 02/05/2013

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European top energy companies to launch North Sea Power to Gas Platform

A European consortium composed from eleven top companies have established the North Sea Power to Gas Platform, to jointly develop the concept of Power-to-Gas (P2G) – the conversion of renewable electrical power into a gaseous energy carrier like hydrogen or methane.

read more... 02/05/2013

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Daily: European power spot up on weak wind supply, cold weather outlook

Crude oil futures boosted on Monday on optimistic expectations of further stimulus on both sides of the Atlantic, while U.S. crude extended gains on signs of improving demand and increasing exports.

read more... 30/04/2013

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Russia to support the development of renewable energy sources

The Russian Energy Minister submitted on 15 April a draft law to Dmitry Medvedev, prime minister of Russia, which eyes supporting the development of renewable energy sources, such as solar power, wind power, and hydroelectric power.

read more... 29/04/2013

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