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On-and-off wind, solar power pushes coal plants to the brink

Bloomberg The Gentleman coal plant was once the linchpin of Nebraska’s electricity grid, its twin smokestacks visible for miles across the prairie. Now, the state’s biggest power source is routinely pushed aside to make room for more wind and solar energy. Operators ramp it down and then bring it back up again, often on a daily basis. That’s not how ...

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After $600 million hit, India oil refiners may face further pain

Bloomberg The worst may not be over for India’s state-run oil refiners. The request by the central government that they absorb a portion of sweeping fuel price cuts is raising speculation by analysts at Goldman Sachs Group Inc., Citigroup Inc. and Jefferies Group LLC that price controls may be reintroduced or further reductions will be demanded. The move comes amid ...

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Less wind in Europe to bring back dirty plants

Bloomberg Europe will likely need more coal and natural gas this month as the region is spared the usual autumn storms. A high pressure weather system is likely to reroute and block stormy weather that normally travels in easterly paths across northern Europe to boost the output from thousands of wind mills. That will leave the region relying on alternative ...

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