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Offshore wind industry hastens to reduce costs since subsidies decline

As European governments begin to reduce offshore renewable electricity subsidies, utilities, wind turbine manufacturers and installers are aiming to decrease costs to aid the industry survive.

read more... 17/11/2014

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Record number of UK electricity consumers switch to small suppliers

Britain's little energy suppliers registered a record number of new electricity users in October, industry data indicated, since households ready for the winter season when utility bills usually increase.

read more... 13/11/2014

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Daily: Brent crude posts the biggest gain since June on Saudi Arabia production cut

Brent crude oil increased by about 3 percent on Thursday, posting the largest percentage gain in a day since June 12, after an industry source said Saudi Arabia curbed production in September following the summer's decline in prices. Brent crude for December delivery boosted $2.12, or 2.5 percent, at $86.83 barrel, while U.S. crude's front-month rose by $1.57, or 2 percent, to close at $81.86, after an intraday peak at $82.37. That was the biggest percentage increase since September 16.

read more... 24/10/2014

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The future of the offshore wind farms, according to Statkraft CEO

Wind farms will be constructed to a greater extent in shallow seas, from China to the United States, since the industry reproduces oil companies and budges offshore, as stated by the manager of Europe's major producer of renewable energy on Tuesday.

read more... 15/10/2014

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Chinese interested in constructing Czech nuclear plant

China has shown interest in constructing nuclear reactors in the Czech Republic, as stated by the Industry and Trade Minister Jan Mladek on Tuesday, uniting four other possible contractors.

read more... 15/10/2014

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