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Turkey to scrap "take or pay" principle for Azeri gas in 2015

Turkey decided to give up the “take or pay” clause for Azerbaijani gas delivery in the next 14 months, declared the Turkish Minister of Energy and Natural Resources Taner Yildiz.

read more... 22/10/2014

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Wind power could hit 2,000 GW by 2030

Installed wind power could hit 2,000 GW globally by 2030 and could meet up 19% of electricity demand, according to a report performed by a trade association and Greenpeace.

read more... 22/10/2014

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Scottish government gives the green light to a new wave of offshore wind projects

The Scottish government has given the green light for the development of the four offshore wind power plants, which could generate enough electricity to supply over 1.4 million of households.

read more... 21/10/2014

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Wallonia: CWape unveils first half 2015 subvention amounts for Qualiwatt program

CWape, the energy regulator of Wallonia, the Francophone region of Belgium, has unveiled the amount of subventions it will give to PV installations up to 10 kW according to the region’s new residential PV program, Qualiwatt, for the first half of 2015.

read more... 21/10/2014

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Daily: British wholesale natural gas prices slip on warmer temperatures, curbed demand

Brent crude dropped on Monday, falling below $86 a barrel as concerns about oversupply and weak demand dragged down worldwide oil benchmark back to last week’s four-year low. WTI crude hovered below $83 a barrel. Brent settled as low as $84.41, after having dropped 69 cents at $85.47 a barrel by 1945 GMT. U.S. crude declined 4 cents to close at $82.71 a barrel. The spread between Brent and U.S. crude extended at $3.39 a barrel.

read more... 21/10/2014

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