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EU is thinking over new climate targets for 2030

European Union’s 27 Commissioners will meet today to discuss 2030 climate and energy legislation. Today they will consider early proposals for 2030 climate targets covering CO2 emissions and possibly renewable, but the energy efficiency is excluded from the list.

read more... 20/02/2013

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Statoil to build a new oil hub in Europe

Norway's Statoil is to build an oil terminal in the Arctic, which according to the Norwegian group could spark “a new industrial era” in the region. Norway's Minister of Petroleum and Energy, Ola Borten Moe said that Statoil ASA's plan to bring oil by pipeline from the Barents Sea to a new terminal in the country's far north could lead the way to a permanent oil hub in the Arctic.

read more... 19/02/2013

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Romania: shale gas a priority of the country’s energy policy

In recent weeks the Romanian government is announcing changes in its move toward the exploration and extraction of unconventional gas deposits, while Prime Minister Victor Ponta has begun to talk in positive terms about shale gas, recognizing it as a priority of energy policy.

read more... 19/02/2013

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China installed almost 16 GW of wind power in 2012

According to data offered by Bloomberg New Energy Finance, in 2012, China was the world’s largest wind market in terms of annual installed capacity. The country installed 15.9GW of onshore turbines, or about 35% of the world’s new onshore capacity.

read more... 15/02/2013

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Germany to curb green energy supports

In reply to the European economic recession, the German government is approving cuts to programs supporting the development of renewable energy projects. Germany intends to fix a cap of subsidies and compensations it has created for green energy that had the unplanned effect of driving up household electricity bills.

read more... 15/02/2013

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