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German nuclear gets a reprieve
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| Posted by The Guardian (UK) |
On: 03-09-2010 |
Topic: General |
| German chancellor Angela Merkel has announced an extension to the nation's nuclear power plant operations for up to 15 years beyond a scheduled phase.The decision comes after a panel of experts advised that keeping the plants open was the only way of ensuring climate protection and
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Coal still King in Europe
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| Posted by Reuters |
On: 02-09-2010 |
Topic: General |
| The future for European coal generation looks gloomy with the odds stacked against new coal plants but if Turkey is included in the European zone a very different picture emerges, analysts say.The global coal market's focus on booming Asian imports has distracted attention from Eur
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Clean bill of health - with reservations
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| Posted by Des Dugan |
On: 01-09-2010 |
Topic: General |
| THE Australian Energy Masrket Operator has given the country's eastern states a clean bill of health for the next two year.In a report titled Power Systam Adequacy the market operator concluded despite the increase i
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Policy forcing up Aussie prices
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| Posted by The Australian |
On: 30-08-2010 |
Topic: General |
| THE chief executive of one of Australia's biggest energy retailers has warned power prices are set to increase dramatically.Origin Energy boss Grant King said complying with the mandatory renewable energy target (RET) and network spending would put upward pressure on energy prices.
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AGL profit up 13.2%
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| Posted by Reuters |
On: 27-08-2010 |
Topic: General |
| Australian retailer and electricity generator AGL has reported a 78% drop in net profit to the end of June to $356m.The sharp fall in earnings is largely due to asset sales in the previous year worth $1.4bln which boosted the company's profit.However, underlying profit afte
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Mid-size renewable leg-up
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| Posted by Des Dugan |
On: 27-08-2010 |
Topic: General |
| The California Public Utilities Commission proposes to launch a new renewable incentive program designed to drive mid-sized renewable energy development.This next-generation feed-in tariff program will require investor-owned California utilities to purchase electricity from renewab
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Trouble at the clearing house
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| Posted by Stuff.co.nz |
On: 26-08-2010 |
Topic: General |
| The New Zealand Electricity Commission is investigating allegations by power generators about non-payment of electricity market participants by clearing manager NZX on August 20. Breach allegations were made by Mighty River Power, Genesis Energy and Contact Energy, while NZX had ma
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Meridian up 29%
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| Posted by Stuff.co.nz |
On: 25-08-2010 |
Topic: General |
| New Zealand state-owned Meridian Energy boosted underlying profits 29% to almost $252m in the June year, despite a year-long retail power price freeze due to end in October. While Meridian won't say exactly what will happen to household prices after the freeze ends, it said prices
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FutureGen looks for carbon storage
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| Posted by Platts |
On: 24-08-2010 |
Topic: General |
| The US Department of Energy (DOE) has decided to go forward with parts of a flagship carbon capture and storage project, even while it searches for a new site to store the carbon dioxide that the coal-fired power plant captures.Last week Mattoon, Illinois, the long-planned site of
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Origin generation reaches 2250MW
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| Posted by Des Dugan |
On: 24-08-2010 |
Topic: General |
| ORIGIN Energy managing director, Grant King (pictured) is the new Mr 10% with the company's underlying profits up, underlying earnings before interest and tax and underlying earnings per share, all up by the same magical figure.The reason for the 'underlying' in 2009 the company re
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