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UK’s electricity grid needs an investment of 1.6 billion pounds to switch to a smart grid

UK‘s electricity grid is facing the biggest challenge since 70 years and will need an investment of up to 1.6 billion pounds ($2.56 billion) to switch to renewable energy capacity, according to a report commissioned by the Energy Networks Association (ENA) on behalf of the Department for Energy and Climate Change (DECC) and the industry regulator Ofgem. The report comes amid growing concern over Britain’s future ability to meet electricity demand.

read more... 08/11/2012

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Vestas to reach 3000 MW of installed capacity in Italy

Vestas has achieved 3000MW of installed capacity in Italy, which accounts for 40% of the total installed wind energy in the country and 25% of its renewable energy obligation under EU 2020 targets.

read more... 31/10/2012

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UK solar installations reached 1.3 GW due to drastic cuts in FiT

The Department of Energy and Climate Change has released new figures according to which a total capacity of 1.3 GW of solar installations was installed nationally at the end of September 2012. The severe cuts in feed-in tariffs for solar power in the UK reduced installations by almost 60 % in April, leaving the government far behind from its goal of 22 GW of PV by 2020.

read more... 26/10/2012

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Single EU power market plan for 2014 to be delayed

The European Union's 2014 target for creating a common power market faces delay as some countries have yet to reform relevant rules, according to Capacity Allocation Service Company, which handles transmission capacity in much of the EU.

read more... 26/10/2012

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GSE: Italy hits 15.9GW of cumulative PV capacity

Italy has installed a cumulative photovoltaic capacity of 15.9GW from its 448, 226 PV plants currently in operation at an annual cost of EUR 6.39 billion (USD 8.27 billion), as of October 12th, 2012, according to the Italian network agency, GSE.

read more... 19/10/2012

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