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RTE: Cold spell makes France a net power importer for the second straight month

France was a net electricity importer for a second consecutive month in January due to extremely cold weather which drove peak demand to its highest level in five years against the context of low nuclear and hydropower supply, according to grid operator RTE.

read more... 24/02/2017

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Daily (08.02.2017): European spot electricity prices buoyed by cold spell

Crude oil prices decreased by more than 1 percent on Tuesday and continued to tumble after settlement, dragged down by a massive increase in U.S. crude inventories. The strong recovery in U.S. shale production would complicate efforts by OPEC and other producers to cut the supply glut.

read more... 08/02/2017

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Dong targets to phase out coal-fired electricity generation by 2023

Dong is already the world’s largest offshore wind farm company, constructing over a quarter of the capacity installed worldwide. It intends to offload its operations concentrated on oil exploration and production later this year, after pulling off one of the biggest stock market listings in 2016.

read more... 06/02/2017

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France consents second electricity connection with UK, despite Brexit

French energy markets regulator CRE has authorized a scheduled second electricity link between France and the United Kingdom after consulting stakeholders, mentioning the project was still feasible and desirable despite Britain's decision to abandon the EU.

read more... 27/01/2017

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Daily (26.01.2017): European spot electricity prices dip on stronger wind output, warmer weather

Crude oil prices tumbled less than 1 percent on Wednesday on figures showing an increase in U.S. crude stockpiles, reinforcing the view that oil prices are moving within a relatively tight range, spurred by expected OPEC production cuts, while dragged down by growing U.S. output.

read more... 26/01/2017

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