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Energy report: Cheaper gas and coal will not cast a chill over investments in renewables

Declining coal and gas prices will not halt record investment in renewables over the coming decades as the cost of generating clean energy drops, according to a key energy report.

read more... 14/06/2016

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Daily: European spot electricity prices firm, while forwards decline tracking weaker coal

Crude oil futures boosted on Wednesday, attaining 2016 highs above $50 a barrel and closing up for a third consecutive day on worries about sabotage oil facilities in Nigeria, although an increase in U.S. gasoline inventories amid peak summer demand could drag down prices. Brent crude rose by $1.07 to end at $52.51 a barrel. It prolonged gains in post-settlement trade, hitting $52.60 a barrel by 3:55 p.m. EDT (1955 GMT), and the highest level since October. WTI crude futures climbed 87 cents, or 1.7 percent, to close at $51.23 a barrel. The session peak was $51.34, the highest level since July.

read more... 09/06/2016

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Spain gets the EC green light to provide €2.13bn aid for the closure of uncompetitive coal mines

Spain received the green light from the European Commission (EC) to provide €2.13 billion (£1.62bn) in public funds to close 26 uncompetitive coal mines in the country.

read more... 02/06/2016

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German renewable electricity increased but coal still dominates

Green power generation in Germany rose to 194 billion kWh last year.

read more... 01/06/2016

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French Engie considers potential closure of its Hazelwood coal-fired power plant in Australia

French utility Engie, the operator of giant Hazelwood coal-fired power plant in Australia, mulls closing or sale of the unity, but the state government insists "no decision has been made".

read more... 26/05/2016

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