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Czech minister sees new state firm as best nuclear alternative

The most rational way to increase the Czech Republic's nuclear power stations would be via a newly created state firm rather than through majority state-owned CEZ, as stated by Industry Minister Jan Mladek on Monday.

read more... 16/06/2015

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EU establishes group to expand France-Iberia energy links

The European Commission has established a working group to expand the interconnection capacity of the French and Spanish electricity and gas markets, as it declared on Monday.

read more... 16/06/2015

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South Korea to develop two 3,000 MW nuclear plants to cut coal reliance

The South Korea Government envisages increasing its nuclear reactor fleet by two more units, as the country wants to get rid of coal power and to focus on technologies with lower greenhouse gas emissions.

read more... 15/06/2015

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Verbund CEO considers that electricity prices might double in long term

The chief executive of the utility Verbund focused on hydropower thinks that German-traded electricity tariffs might double to 60 euros ($67.08) per megawatt-hour (MWh) in the long term, as soon as German nuclear power plants go offline as scheduled.

read more... 15/06/2015

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EU regulators consider GE’s Alstom power agreement would harm competition

General Electric Co might need to propose bigger concessions to win European Union support for its acquirement of Alstom SA's electricity unit since regulators intend to inform the U.S firm that the agreement would harm competition, as stated by two people familiar with the matter on Thursday.

read more... 12/06/2015

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