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GE Power Conversion to reduce cost of offshore wind by 15% with new DC solution

2014-03-05 01:00:00| Power Technology

GE Power Conversion has completed trials of PassiveBoost, a technology that is designed to allow remote power networks to go direct current (DC), and would reduce the cost of offshore wind energy by 15%.

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Despite $100 oil, cost control takes center stage in energy industry

2014-03-04 23:42:21| Chemicals - Topix.net

With crude oil over $100 a barrel and natural gas well above its low point as well, making money wouldn't seem to be a problem for energy companies these days.

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British watchdog wants U.S. biotech Alexion to justify cost of drug

2014-03-04 10:59:39| Biotech - Topix.net

Britain's healthcare costs watchdog has asked U.S. biotech group Alexion Pharmaceuticals to explain the high price for its Soliris drug before deciding whether the treatment should be paid for by the state health service.

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AK Steel's Raw Materials Strategy Offers Significant Cost Reductions

2014-03-03 20:40:05| Steel - Topix.net

West Chester, Ohio-based steel producer, AK Steel , is expected to begin benefitting from the company's improving raw material positioning in 2014, with full impact in 2015.

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College Student's Facebook Folly Could Cost $80K

2014-03-03 18:57:39| TechNewsWorld

A student at Boston College may have cost her family $80,000 -- and herself a trip to Europe. The student, Dana Snay, posted a Facebook status update boasting of her father's victory in an age discrimination case. The father, 69, was the headmaster of a school for years, but his contract was not renewed in 2010. This prompted a lawsuit, which was settled for $80,000 in late 2011.

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