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European power markets register the first growth since 2010

The power trading volumes on the European wholesale market increased last year for the first time in three years but were nevertheless below 80 percent of their maximum level registered in 2010, according to a report presented by the research firm Prospex, which investigated the markets growth in several countries, such as Germany, the Nordic region, Britain, Italy, Spain, France and the Netherlands.

read more... 16/04/2014

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German utilities might get 2.2 billion euros tax reimbursements

The German government might refund country’s utilities in nuclear fuel taxes estimated at over 2.2 billion euro ($3.06 billion), according to the preliminary decision of the Hamburg court.

read more... 15/04/2014

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French court enacted backdated electricity price increases for households

Approximately 29 million French households and small businesses deal with a retrogressive increase in their power bills after the country's administrative Supreme Court annulled on Friday a 2012 ceiling on raises to regulated electricity prices. The pronouncement is applicable to power bills between August 2012 and August 2013.

read more... 14/04/2014

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Centrica’s British Gas has to pay $9.4 million

Centrica's British Gas, the focus of an anti-trust examination next to Britain's other big energy companies, will pay approximately 5.6 million pounds ($9.4 million) to fix past errors which had stopped business clients from changing suppliers in the period between 2007 and 2012, as declared on Thursday by Energy watchdog Ofgem.

read more... 11/04/2014

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Slovakia: budget raise to finish Mochovce nuclear plant approved by government

The Slovak government has consented to increase the budget by 400 million euros to 3.8 billion euros for the conclusion of two new divisions at the Mochovce nuclear power plant, according to the company which is responsible for building the plant.

read more... 10/04/2014

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