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Vattenfall demands Sweden to abolish nuclear tax to save reactors
State-owned Swedish utility Vattenfall called on Wednesday to end tax on nuclear power in Sweden to avoid early closure of its loss-making nuclear reactors and probable increase in electricity prices.
read more... 28/04/2016
ScottishPower Renewables and Siemens agree UK’s largest offshore wind power contract
ScottishPower Renewables and Siemens have unveiled a transaction that is poised to be largest offshore wind contract yet seen in Europe, after signing a deal that will see the German engineering major providing 102 turbines to East Anglia ONE project.
read more... 28/04/2016
Daily: European year-ahead power prices trade higher tracking fresh 2016 highs for oil
Crude oil climbed by about 3 percent on Wednesday, reaching fresh highs for 2016 as the dollar depreciated after the Federal Reserve unveiled it would leave U.S. interest rates unchanged. Front-month Brent rose by $1.44, to settle at $47.18, having touched a 2016 high of $47.45 earlier. WTI's front-month contract increased $1.29, percent, to close at $45.33 a barrel, after attaining a 2016 high at $45.62.
read more... 28/04/2016
Ukraine brings in new energy tariffs to meet IMF requirements
The Ukrainian government on Wednesday united natural gas tariffs for consumers since it looks to meet requirements by the International Monetary Fund to obtain financial support.
read more... 28/04/2016
China connected 5.33 GW of wind capacity to the grid in Q1 2016
China’s newly installed wind power capacity hit 5.33 GW in the first quarter, up 13% year-on-year, according to figures released by the National Energy Administration (NEA).
read more... 27/04/2016