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France says energy firms agree tariff to help small businesses

France's power suppliers have agreed to offer small businesses struggling with price rises a guaranteed tariff of 280 euros ($298) on average per megawatt hour, Finance Minister Bruno Le Maire said.

read more... 09/01/2023

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Plan to extend Finland's 1st offshore wind farm advances in permitting

Finnish wind power producer Suomen Hyotytuuli Oy on Thursday said its offshore wind farm extension project near Pori on the west coast of Finland is moving ahead to the permitting stage.

read more... 09/01/2023

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UK to cut business energy subsidies by 85%

British government plans to scale back energy subsidies for businesses will see the cost of support fall by 85% during the next financial year, limiting the cost to 5 billion pounds ($6 billion), the Daily Telegraph reported on Friday.

read more... 09/01/2023

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Daily (06.01.2023): Oil prices rebounded on Thursday due to strong US demand

Despite fears of a recession, there were signs of solid US demand on Thursday, which lent support to oil prices. Consequently, Brent crude rose by 1.1% to 78.69 a barrel and WTI oil soared by 1.1% to $73.67 a barrel.

read more... 06/01/2023

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RWE, Equinor tie-up on Norway-Germany H2 supply chains

German utility RWE and Norway's state-controlled energy firm Equinor have announced a strategic partnership to produce hydrogen in Norway and to develop hydrogen-ready power plants in Germany.

read more... 06/01/2023

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