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Germany will begin the transfer to coal power reserve in winter 2016

German utilities RWE, Vattenfall and Mibrag will begin cutting their coal-fired electricity production at the start of winter 2016, transferring this capacity instead to the country's power reserve as part of a plan to reduce carbon emissions, as stated by the government.

read more... 26/10/2015

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Poland’s Tauron to buy coal mine assets as a part of restructuring plan

Poland's second biggest power firm Tauron is envisaging assets swap with the state-run Brzeszcze coal mine in the southern Poland.

read more... 14/10/2015

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France insisted on ending coal projects in Turkey

Environmental lobby groups on Wednesday appealed to French President Francois Hollande to oblige state-owned utility Engie to stop investing in coal projects in Turkey.

read more... 08/10/2015

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Daily: European coal prices pressured by a global supply glut

Crude oil prices declined in volatile trading on Wednesday, breaking a three-day increase, after U.S. government figures indicating a massive crude stockpile increase surprised traders the day after an industry group had reported a decline. Brent, the global crude benchmark, fell 59 cents, or 1.1 percent, to settle at $51.33 a barrel. The West Texas Intermediate (WTI) shed 72 cents, or 1.5 percent, to close at $47.81.

read more... 08/10/2015

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Renewables beat burning coal in the British power mix

UK generated more of its electricity from renewable sources than from burning coal for the first time in the second quarter of 2015, due to a record high from wind and solar plants.

read more... 30/09/2015

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