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Oil Giant Norway to Double Spending on Renewable Energy
Norway, one of the world’s top oil and gas producers, will double its national research fund for renewable energy to 20 billion kroner ($3.4 billion) in next year’s national budget. The announcement was made yesterday by Norway’s Prime Minister Jens Stoltenberg at the first annual Scandinavian Renewable Energy Forum, held near Oslo. Stoltenberg emphasized that [...]
Winter Storms + Wind Farms = Falling Electricity Prices
[Originally published at CleanTechnica on 4.18.2008] The powerful winter storms that moved across Europe in March precipitated a considerable spike in electricity supply on the European grid, thanks to continental wind farms. Wind speeds of 100 mph were recorded across Europe and topped 135 mph at the Czech Republic’s highest mountain, Snezka. The surplus electricity [...]
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