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Danish consumers could pay a hefty price for energy contract cancellation

Statnett is lashing out at the Danish Energy Regulatory Authority for trying to prematurely terminate a deal for secondary reserve power. In addition to missing out on socio-economic gains for both countries, Danish electricity consumers will have to fork out millions of kroner to Norway.

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MHI Vestas loses executive

A Czech energy conglomerate has snapped up Vestas' head of strategy and business development. The focus area of his new position could mitigate any bitterness over the loss.

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