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France keeps saying no to shale gas development

Even if France is viewed as one of the most promising countries in Europe in terms of shale gas reserves, in 2011 the French government imposed a moratorium on hydraulic fracturing for shale gas due to worries about its potential impact on the environment.

read more... 15/07/2013

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Germany's dependence on coal to continue for a long time

Germany intends to reduce reliance on imported oil and has started the phase-out of aging nuclear power stations, meanwhile the German government has adopted a target of achieving 20% of the country's energy share from renewable sources by 2020.

read more... 11/07/2013

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Germany will stop subsidizing solar energy by 2018

Environment Minister Peter Altmaier has announced on Monday that the 52GW limit set by the government would be reached in the period 2017-2018, after what Germany will stop subsidizing solar power. Altmaier had struggled to set a maximum amount of solar power capacity above which the government would no longer offer its financial support.

read more... 09/07/2013

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France: EDF envisages a 5% increase in power tariffs in August

The French government has allowed French state-controlled power utility Electricite de France (EDF) to increase its electricity tariffs for residential consumers by 5% in August, and by the same share in August next year, citing recent increases of the company's production costs.

read more... 09/07/2013

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UK unveils GBP 10 billion of financial guarantees for Hinkley Point nuclear reactor

The UK government has announced its initiative to encourage investment in nuclear power by offering 10 billion pounds (GBP) (15.2 billion US dollars, 11.6 billion euros) of financial guarantees to French generator EDF for the construction of a new nuclear plant at Hinkley Point.

read more... 02/07/2013

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