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The boost of low-cost renewables changes EU energy expectations for 2030

The accelerated fall in wind and solar energy costs, and flexible demand technology could substitute more than 50% of coal and gas generated electricity in Europe by 2030, as indicated in a recent research published on Tuesday.

read more... 21/11/2017

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Daily (21.11.2017): German spot electricity prices surged on lower wind power supply and higher demand

Oil prices dropped on Monday, prolonging losses ahead of next week's OPEC meeting, while stronger dollar hurt commodities across the board. Brent crude futures fell 50 cents or 0.8 percent to close at $62.22 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures settled 13 cents or 0.2 percent down at $56.42. Oil has been under pressure for the last two weeks since peaking in early November.

read more... 21/11/2017

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IEA: Global energy needs to be met by renewables and natural gas in the next 25 years

According to the World Energy Outlook 2017, the abundant growth in oil and gas production from the United States, strong reductions in the cost of renewables and emerging electrification are changing the global power system and ending traditional ways of meeting demand. Meanwhile, a greener and more diversified energy mix in China is another important driver of this transformation.

read more... 17/11/2017

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Daily (15.11.2017): European carbon prices increased slightly on Tuesday after 5-day losing streak

Oil prices dropped for a third consecutive day on Tuesday on forecasts for higher U.S. crude production and a gloomier outlook for global demand growth in a report from the International Energy Agency (IEA).

read more... 15/11/2017

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Aker Solutions increases LNG capacities to satisfy demand

Aker Solutions increases LNG capacities to satisfy demand

read more... 30/10/2017

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