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UK’s energy firms to face tough sanctions for market manipulation

The British government is considering introducing a wave of tougher sanctions against energy firms for market manipulation to overcharge customers, said energy minister Ed Davey on Thursday.

read more... 01/11/2013

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Russia launched its first renewables tender to spur green energy generation

Russia, being an oil and gas giant, has launched its first renewable energy tender, auctioning about 500MW in capacity, mostly to solar projects.

read more... 31/10/2013

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Solar Energy: France to build an Institute for Excellence in Carbon-free Energy

French energy giants Total and EDF, alongside their public and private organizations have unified their efforts to create a French solar photovoltaic (PV) research and development (R&D) center near Paris, which will receive EUR 18.5 million (USD 25.5 million) in funding from the French National Research Agency (ANR).

read more... 31/10/2013

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South Stream pipeline project - one of the most ambitious infrastructure projects

Russia is currently one of the most important commercial energy partners for Europe, and has always represented a certain and constant supply of gas for many European countries. At present, an important project combines the interests of both Russia and Europe- the South Stream project. Officially, the South Stream is a method for Russia to improve the reliability of its gas supplies to Europe, its largest export market. It will reach this objective by redirecting Russian gas supplies to Europe.

read more... 30/10/2013

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China to double natural gas consumption by 2015

The Chinese government has announced last month a new plan which deals with the air pollution problem. China intends to reduce the consumption of fossil fuels in its energy mix to below 65% by 2017, while in 2012 it recorded 66.8%.

read more... 30/10/2013

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