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Bosnia: 52% increase in power exports due to hydropower gains

Bosnia’s electricity exports registered a significant increase of almost 52% in 2013 attributable to gains in hydropower production, according to data presented by the government on Thursday, accentuating its position as the major power exporter in the Western Balkans.

read more... 21/03/2014

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EDF UK: returns on nuclear agreement likely to be much higher than usual

The EDF’s first nuclear reactor in Britain might generate for the French utility and the investors two-decade profits, supported by government, expected to be much higher than returns from other projects, as stated in a report.

read more... 18/03/2014

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E.ON, ENEL to close more plants because of European power crisis

Two of Europe's major power companies, E.ON and Enel, declared on Wednesday they intend to close more plants and reduce costs, joining competitors in warning that the industry crisis will influence profits in the years to come.

read more... 14/03/2014

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Britain: 12 GW of power plant capacity to be taken offline by the end of 2023

About 12 GW of power plant capacity might be taken offline in Britain by the end of 2023, because of tougher European Union pollution laws, according to Reuters estimates published on Wednesday. Britain’s main goal is to ascertain a varied, low-carbon and efficient energy mix so as to cut emissions and offer consumers the best transaction, as stated by a spokeswoman from the UK’s Department of Energy and Climate Change.

read more... 13/03/2014

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Czech PM desires more EU funding for energy security

The Czech Prime Minister, Bohuslav Sobotka, declared on Tuesday that more funding is needed from the European Union to projects increasing energy security of its member states by linking their energy networks in order to strengthen diversification of resources.

read more... 12/03/2014

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