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UK’s offshore wind sector hits a record-breaking year

The UK’s offshore wind power sector hit a record breaking year in terms of installed new capacity, according to Renewable UK’s the most recent report, “Wind Energy in the UK”.

read more... 08/11/2013

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Daily: UK prompt gas prices slip on oversupplied market

U.S. crude futures increased by nearly $2 a barrel on Wednesday, recovering from four-month lows, on surprisingly large declines in U.S. fuel supplies to narrow its spread with European Brent crude by more than $1. Meanwhile, Brent traded higher, supported by concerns about prolonged supply outages in Libya as the peak northern hemisphere winter heating season emerges.

read more... 07/11/2013

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Centrica strikes a £4.4bn LNG deal with Qatar

Centrica, the company parent of British Gas, has inked a four-and-a- half agreement with Qatargas, implying the purchase of liquefied natural gas (LNG) from Qatar to supply three million British households(13% of the UK’s gas needs).

read more... 07/11/2013

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Nuclear outlook in the UK

Currently, the UK has 16 reactors generating on average about 19% of its electricity and all but one of these will be retired by 2023.The country has a number of reactors which are currently reaching the end of their working life, and it is now unclear how they will be replaced.

read more... 06/11/2013

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DECC: half a million of UK households have solar installations

According to new data offered by the Department of Energy and Climate Change (DECC), at the end of October something like 478,431 homes across the UK have solar installations, which represents a combined peak capacity of about 1.3 GW, which makes domestic solar the largest sub-sector of the solar market.

read more... 05/11/2013

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