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Europe’s power sector ‘can be decarbonised by 2045’

That’s the prediction made in a new report published by EY, which says this would require substantial investment, smart grid innovation and the improvement of electricity distribution networks.

read more... 30/01/2019

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SSE completes £970m Caithness-Moray transmission project in Scotland

The company said that its subsidiary Scottish and Southern Electricity Networks Transmission (SSEN Transmission) completed the construction, commissioning and energization of the Caithness-Moray project on time and within the allowance approved by Ofgem.

read more... 15/01/2019

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Renewables power in German public supply tops 40% in 2018

Renewables were responsible for 40.4% of Germany’s net electricity production on the public grid last year and ranked as the second largest power generation source, a new report shows.

read more... 09/01/2019

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Eskom asks for 45% power tariff hike over next 3 years (South Africa)

South African state-run power utility Eskom has submitted a request to the domestic regulator NERSA (National Energy Regulator of South Africa) for a 45% electricity price hike spread over the next three years. Public hearings on Eskom’s demand for an initial 15% electricity tariff increase are expected to start later in January 2019.

read more... 08/01/2019

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Daily (31.12.2018): HO-HO-HO French electricity price for 2019-delivery tumbled by over 8% on Friday, due to weaker demand

Oil crude prices recovered somewhat on Friday, tracking bullish stock markets. However, continuing concerns over a persistent supply glut have limited gains. Brent crude price edged higher at $52.2 a barrel. In the meantime, the price for WTI crude surged by 1.6% to settle at $45.33 a barrel.

read more... 31/12/2018

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