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German power giants entitled for compensation after accelerated nuclear shutdown

Germany's Federal Constitutional Court ruled Tuesday that the government must compensate utilities as it hastened the closure of nuclear power in the country aftermath Japan’s Fukushima disaster in 2011.

read more... 07/12/2016

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UK mulls plans for coal-fired power plants closure by 2025

UK's eight remaining coal-fired power plants, which are already 47 years old on average, will be phased out by 2025, as the kingdom switches to generating energy from renewable sources.

read more... 11/11/2016

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CEZ reconnects Temelin Unit 2 after longer than projected closure

Czech utility CEZ re-connected Unit 2 at its Temelin nuclear electricity station on Saturday, generating power at the 2,000 MW plant for the first time since the end of August.

read more... 17/10/2016

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EDF and French government settle on 400 million euro compensation for Fessenheim closure

French state-controlled utility EDF and the French government have settled on a 400 million euro ($450 million) compensation package for the shutting down of EDF's Fessenheim nuclear plant, as stated by a source familiar with the situation on Wednesday.

read more... 29/08/2016

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Closure of British Rough gas storage facility extended into 2017

The closure of British largest gas storage facility, Rough, was prolonged into March or April 2017 on Friday, increasing fears that Britain could enter winter season with record low inventories and soaring gas prices.

read more... 18/07/2016

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