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European Commission approves the UK new CfD scheme of subsidies for renewable energy
The European Commission gave the green light to a new system of subsidies for renewable energy in the UK, paving the way for a comprehensive reform of the country’s electricity market.
read more... 24/07/2014
Daily: German power prices at 4-month high on threat of new sanctions against Russia
Crude oil prices increased on Wednesday, as oil inventories in the U.S. dropped more than predicted and as geopolitical tensions in Eastern Europe and the Middle East continued. Brent crude for September delivery boosted 70 cents to close at $108.03 and continued to rebound in post-settlement trade to hit $108.19 at 3:48 p.m. EDT (1948 GMT), while U.S. crude for September delivery boosted 73 cents to $103.12 a barrel.
read more... 24/07/2014
EWEA: European wind capacity to grow at a slower pace than forecasted by 2020
The capacity of wind turbine installation will grow at a slower pace by 2020 than previously forecasted amid regulatory instability and economic crisis in Europe, according to data compiled by the European Wind Energy Association (EWEA).
read more... 24/07/2014
UK decided to keep unchanged its carbon emissions target by 2027 despite strong opposition
The UK government unveiled that it will keep unchanged its goal to curb carbon emissions by 50% across 2023-2027 against 1990 levels, a target that triggered political opposition and criticized that will be hard to meet.
read more... 23/07/2014
Obama paves the way for East Coast oil and gas exploration
The Obama administration gave the green light o Friday to the Eastern Seaboard to be reopened to offshore oil and gas exploration, a milestone decision in decades.
read more... 23/07/2014