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Denmark and Germany will construct offshore electricity link by end-2018

The European Commission has authorized a plan to construct an offshore interconnection between Danish and German grids, as stated by the Danish transmission system operator on Friday.

read more... 28/09/2015

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Lithuania on course to complete electricity connection to Poland

Lithuania was on track to launch its first electricity link to bordering Poland by January 1, a move that would enhance its energy security and make it a regional hub, as stated by the country's energy minister on Thursday.

read more... 25/09/2015

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Russia thinks about breaking Gazprom's gas exporting monopoly

Russia is intends to permit firms other than Gazprom to export natural gas, as stated by Energy Minister Alexander Novak on Thursday.

read more... 25/09/2015

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Total aims to invest $500 million per year in renewable energy

Total SA intends to invest $500 million a year in green energy, a step by Europe’s second-most important oil and gas firm to grow in biofuels and solar.

read more... 25/09/2015

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Daily: European forward power prices near 12-year low tracking weaker coal, carbon prices

Crude oil prices boosted as much as 1% on Thursday, pushed up by stockpiles draw at the U.S. crude futures delivery hub, although gains were curbed by declining equity prices on Wall Street. U.S. crude rose by 43 cents, or almost 1 percent, to settle at $44.91 a barrel. It jumped 69 cents at the session peak and slipped 77 cents at the low. Brent crude increased by 42 cents, or 0.9 percent, to close at $48.17.

read more... 25/09/2015

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