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Lithuania restarts fight for 1.4 billion euros compensation from Gazprom

Lithuania initiated a fresh try on Thursday to obtain 1.4 billion euros ($1.57 billion) in damages from Russia's Gazprom in a gas pricing row, requesting a court based in Sweden to upturn an earlier regulation that went against it.

read more... 26/09/2016

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PGE will spend $472million in coal power plant upgrading

Poland's major power producer PGE anticipates it will have to spend around $471.96 million by 2020 to modernise its coal-fired power stations in order to meet European Union emission reduction regulations.

read more... 12/08/2016

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EU clarifies DONG Energy and Danish operator’s electricity agreement

The European Commission established that a power agreement between the Danish transmission system operator and DONG Energy does not break state aid regulations.

read more... 24/05/2016

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UK government sets out new rules for shale gas fracking in protected areas

The UK government has unveiled areas to be excluded from underground fracking activities, while a DECC’S new draft regulations has identified certain areas including national parks, areas of outstanding national beauty, the broads and world heritage sites, where hydraulic fracking will be permitted only below 1,200m, to preserve groundwater. Drinking water is not normally found below 400m.

read more... 20/07/2015

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NASDAQ plans to eliminate “pillar” of Nordic electricity market

Nasdaq Commodities told traders on Wednesday its clearing house would stop admit non-backed bank guarantees as security next year to comply with EU regulations, eliminating "a pillar" of the Nordic electricity market that could touch 60 percent of its participants.

read more... 30/04/2015

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