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Wind Energy Spreading Beyond Europe

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Energy-rich Norway said it was moving ahead with plans to install more than 1,000 megawatts of wind farms onshore. Norway, Europe's largest oil producer and the world's second largest natural gas exporter, has far less wind power on its grid than its neighbors. The country gets most of its electricity from hydroelectric power, but said it was now investing more than $3 billion in wind energy development. Its counterparts in the EU help make up one of the largest wind markets in the world. Germany energy company Siemens, however, said that's about…

Read more... Reported by OilPrice.com 17 hours ago.

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