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New report predicts offshore wind prices will drop 71 percent

From now and until 2040, the world will spend around USD 10 trillion on new energy, according to Bloomberg NEF, adding that more than two thirds will be spent on renewables. Batteries and natural gas will pave the way for the green transition.

Photo: Dong Energy

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Gas giant fined for market manipulation

Vitol is being fined for having purchased gas at artificially low prices on the French wholesale market. Danish Utility Regulator Director General Carsten Smidt says the case is big and important, but the company denies blame.

LM will help Goldwind enter global market

The turbine blade manufacturer has received its largest contract to date with China's biggest wind turbine producer and will supply blades for installations in China as well as internationally.

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