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After the energy auction in UK, offshore wind power is 38% cheaper than new nuclear

On Monday morning, UK Government announced the official outcomes of the second auction of renewable energy. The cost of winning offshore wind projects (57.50 pounds per megawatt hour) are now 50% lower than the first auction held in 2015. This auction allocated 15-year contracts for the winning projects, to give certainty for clean-energy investors and […]

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Germany is closing their coal mines to transform them into pumped hydro batteries for wind and solar

Starting in 2018, Germany will no longer operate hard coal mines. However, these abandoned mines could receive a new life to make a great contribution to the development of renewable energy in the country. They could start to store the excess of wind and solar power during the hours with high renewable production by pumping […]