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Daily: European prompt power prices jump on weak renewable energy production

Brent crude oil increased on Monday, while WTI crude dropped amid light trading, as geopolitical tensions in Ukraine and in Libya help offset plentiful supplies and expected weak demand after a set of pessimistic economic data from the United States and Europe. Brent crude augmented 36 cents to close at $102.65 a barrel, after hitting a 14-month low of $101.07 on August 19. U.S. crude slipped 30 cents to settle at $93.35 a barrel.

read more... 26/08/2014

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Romanian, Polish futures contracts to be launched by Prague power bourse

On September 1, Polish and Romanian futures contracts will be launched by the Power Exchange Central Europe in a move designed at increasing liquidity and turning into a regional trading centre for central and southeastern Europe.

read more... 26/08/2014

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British government will support Scottish tidal power project

The British government will support a tidal project, described as the major tidal array in the world, in Scotland, which will vote on autonomy from London in September.

read more... 26/08/2014

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Daily: WTI Crude oil drops for a fifth consecutive week on plentiful supplies

U.S. crude oil futures dropped on Friday for a fifth consecutive week of declines, while Brent was pressured by a stronger dollar and ample supplies despite an intensification of tensions between Russia and Ukraine.

read more... 25/08/2014

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RWE plans to resume British gas-fired power plant by the end of October

RWE aims to resume its gas-fired Great Yarmouth Power Station of 400 megawatts (MW) on England's east coast by the end of October, as stated by the company on Friday.

read more... 25/08/2014

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