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Germany: A capacity of 807 MW approved at onshore wind parks

Germany approved a capacity of 807 megawatts (MW) at onshore wind parks on Friday, stating the price at which it granted the projects was below expectations in a sign that competition in the industry will lead to lower prices for users.

read more... 22/05/2017

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UK to stay in EU ETS after Brexit, as predict carbon market industry figures

According to a Thomson Reuters survey, organized among over 700 carbon market participants, such as traders, company representatives and government officials, almost 50% of respondents believe that the UK will remain in the EU Emissions Trading System (ETS) after Brexit.

read more... 19/05/2017

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Russia: Gazprom Neft purchases licence to develop the Novosamarskoye field, Orenburg Oblast

Gazprom Neft has purchased a subsoil usage license issued by the Federal Subsoil Resources Management Agency for the Novosamarskoye field in the Orenburg Oblast. The license, for the exploration and production of hydrocarbons, is valid until 5 May 2037. The total area of the licensed block is 26.56 square kilometers.

read more... 19/05/2017

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Daily (19.05.2017): EU carbon prices surged over 4% to a monthly high

Oil prices continued to grow on Thursday, as most of the major producing countries suggested they would extend supply cuts to reduce an ongoing global crude glut.

read more... 19/05/2017

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Switzerland to decide on nuclear power phaseout in favor of renewables

This Sunday, Switzerland will go to the polls and decide upon the government’s plan to abandon further development of nuclear power in favor of renewable energy. The focus of the campaign are the costs of the change. The current referendum follows October’s signature campaign organized by the Swiss People’s Party (SVP) who gave the support to contest the Government’s controversial energy plan in a popular vote.

read more... 18/05/2017

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