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EU drops energy regulations that could have shut Drax

The European Union has postponed implementing new regulations which could have led to the closure of Drax and other high carbon emission coal-fired power stations within the next six years. The sector has been given an extra three years' grace period to 2019 after the British government argued it faced an 'energy crunch' before large-scale wind farms and nuclear stations start operating at around 2020.
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