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Oct 1, 2025

Daily (01.10.2025): European power prices plunged on Tuesday following 15-minute market settlement switch.

Crude oil prices extended losses on Tuesday due to the anticipation of a supply glut, fuelled by potential OPEC+ production hikes and the resumption of Kurdish exports via Turkey. Investors also considered the impact of a possible Gaza ceasefire under a US–Israel peace plan, though lingering geopolitical risks offered some support. Hence, <b...

Oct 1, 2025

Hydrogen Europe reduces its forecast for clean hydrogen supply in 2030.

Industry group Hydrogen Europe has revised its 2030 clean hydrogen supply forecast for Europe down to 2.3 million tons per year, down from last year's 2.5 million tons, anticipating that less than 20% of announced capacity will be operational by that time. In its Clean Hydrogen Monitor 2025, the group estimates 1.7 million tons per year from elect...

Oct 1, 2025

The official commencement of building a new Dutch research reactor has started.

Anita van den Ende, Secretary General of the Ministry of Health, Welfare and Sport, has officially initiated the construction of the Pallas research reactor in Petten, Netherlands. The Pallas research reactor is intended to replace the existing High Flux Reactor (HFR), operational since September 1960, which provides about 60% of Europe’s and 30% ...

Oct 1, 2025

Biomethane will not represent a significant advancement in low carbon technology.

Biomethane may find a role in Britain's net zero efforts, but a recent report clarifies it won't be a comprehensive solution. The "Making the Most of Biomethane" review from Regen and the MCS Foundation presents a measured argument for biomethane as a low-carbon alternative to fossil gas in sectors that are difficult to electrify. However, it cauti...

Oct 1, 2025

Green energy microgrids provide a more affordable and quicker way to power data centers.

The Centre for Net Zero (CNZ) has called on the government to focus on renewable microgrids instead of nuclear small modular reactors (SMRs) as a more cost-effective and quicker way to meet energy demands of data centres. The UK has 523 data centres, with at least nine more in development. CNZ's analysis suggests that renewable microgrids could f...

Oct 1, 2025

TotalEnergies divests its share in a French renewable portfolio for $155 million.

French oil company TotalEnergies announced on Tuesday that it is selling a 50% interest in a 270 megawatt portfolio of wind and solar assets in France to Eiffel Investment Group. The deal values the entire portfolio at 265 million euros ($311.22 million), meaning Total will receive half of that amount for its stake. TotalEnergies plans to increase...

Oct 1, 2025

Corinth Pipeworks launches the largest industrial rooftop solar PV system in Greece.

Corinth Pipeworks, a steel pipe manufacturer, has launched a 7.1 MW photovoltaic facility at its plant in the Thisvi Industrial Area, marking it as the largest industrial rooftop PV system in Greece. This facility is expected to fulfill around 25% of the factory's electricity requirements, producing approximately 10 GWh annually. The project, imple...

Oct 1, 2025

Interests are being transferred in notable sectors off the coast of Norway.

TotalEnergies has sold its stakes in several mature, non-operated fields in the Greater Ekofisk area off Norway to two different buyers. Ekofisk was Norway’s first commercial oil discovery in 1969 and the nation’s first large development, producing oil and gas for 54 years under ConocoPhillips' operation. TotalEnergies announced the sale of its 3...

Oct 1, 2025

Global crude exports are expected to reach a record level in October.

We previously noted that U.S. oil production has continued to rise this year despite low oil prices. Data from the Energy Information Administration (EIA) shows that U.S. crude oil production reached a record 13.58 million barrels per day (mb/d) in June 2025, surpassing the previous high from October 2024 by 50 thousand barrels per day (kb/d) and t...

Oct 1, 2025

US Department of Energy aims to revitalize and grow the coal industry in America.

The US Department of Energy (DOE) has revealed a $625 million investment aimed at revitalizing the coal industry in America, intending to enhance energy production and assist coal communities across the country. This funding aligns with President Trump’s Executive Orders: “Reinvigorating America’s Beautiful Clean Coal Industry” and “Strengthening...

Oct 1, 2025

The dispute over LNG divides Europe as the US contests the net-zero shipping agreement.

Major European maritime nations like Greece and Denmark are clashing over the future of liquefied natural gas (LNG) as a substitute for the highly polluting bunker fuel used by most tankers and container ships. The disagreement, which sees the U.S. and China on opposing sides, revolves around a Net-Zero Framework expected to be adopted by the Inter...

Oct 1, 2025

Fortis Energy receives a construction permit for a solar-storage facility in Serbia.

Turkish renewable energy company Fortis Energy has received authorization to build a 270-MWp solar park combined with a 72-MWh battery energy storage system (BESS) in Serbia. The Sremska Mitrovica administration granted the construction approval, and a grid-connection permit for 180 MW of capacity is already secured. The solar park will be located ...

Oct 1, 2025

Illwerke is looking to acquire wind parks in Germany.

Austrian energy firm Illwerke vkw AG intends to acquire wind farms in Germany and construct a 400 MWh battery storage facility in Austria to provide renewable energy to all its customers. Illwerke has projected that it will require an extra energy capacity of approximately 1,000 GWh by 2040 to meet the renewable energy needs of its customers in th...

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