Energy Update

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There are a lot of details yet to work out when it comes to complying with the U.S. Environmental Protection Agency's (EPA) Clean Power Plan (CPP), which was published Oct. 23 in the Federal Register, with individual states having an initial deadline of September 2016 to submit their compliance plans.

Dec 10 (Reuters) - Canadian oil producer Cenovus Energy Inc said it expects to lower its capital budget for 2016 by 19 percent, from its estimated budget for this year, in response to tumbling crude prices.

The Renewables in the Developing World Track of Renewable Energy World Conference & Expo North America kicked off Tuesday afternoon with an informative session on The Right Renewable Resource for the Right Location.

* China on course to be world's No. 1 electric vehicle market (Adds Beijing Auto promotion, industry association comment)

TOKYO, Dec 10 (Reuters) - Japan may review spending on reprocessing plutonium for use in nuclear reactors, a minister appointed to identify wasteful spending told Reuters, following years of government outlays on the controversial programme that has yielded no results.

SEOUL, Dec 10 (Reuters) - North Korean leader Kim Jong Un appeared on Thursday to claim his country has developed a hydrogen bomb, a step up from the less powerful atomic bomb, but outside experts were sceptical.

BEIJING, Dec 10 (Reuters) - China's state planning commission urged better enforcement of a ban on dirty coal, calling for violators to be more vigorously punished, as the world's largest energy consumer continues to grapple with rampant air pollution.

SOFIA, Dec 10 (Reuters) - Bulgaria and Greece on Thursday signed a final investment decision to build a natural gas pipeline to help Sofia reduce its almost complete reliance on Russian gas supplies.

** British engineering conglomerate Smiths Group down c.2 pct & biggest loser on Stoxx 600 Industrial Goods & Services after Morgan Stanley sounds a warning bell about co's commodity-exposed John Crane unit

LONDON, Dec 10 (Reuters) - Centrica, Britain's largest energy utility, expects to spend less than the 1.05 billion pounds ($1.6 billion) it had previously envisaged, mainly due to a cut in upstream investments, the company said on Thursday.

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