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Offshore wind power cost-cut plan gets boost from big firms

  Bloomberg Nine of the world’s biggest offshore wind farm developers joined with the Scottish government to fund a 7.9 million-pound ($10.3 million) study aimed at curbing the costs of the expensive renewable energy technology. Companies including Dong Energy A/S, EON SE, Iberdrola SA and RWE AG, will together invest at least 6.4 million pounds over the next four years ...

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Norway will keep the UK warm this winter with gas supply boost

  Bloomberg Britons won’t have to worry about staying warm this winter and they have Norway to thank. Natural gas imports from Norway are expected to increase October through March by as much as 18 million cubic meters a day, or 15 percent, from a year earlier, according to a forecast released by U.K. gas system operator National Grid Plc. ...

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Romanian deflation eases as sales-tax cut impact fades

  Bloomberg Romania’s only bout of deflation since the fall of communism eased for the first time in five months as the base effect of a sales-tax cut last year faded, while low oil and energy prices kept price growth subdued. Consumer prices fell 0.7% in June from a year earlier after declining 3.5 percent in May, the National Statistics ...

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