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Daily (05.03.2025): European power prices tumbled on Tuesday due to an increase in green output and warmer weather

OPEC+ confirmed plans to gradually phase out its 2.2 million bbl/day production cuts on a monthly basis from April through September 2026, putting pressure on oil prices on Tuesday. Furthermore, U.S. tariffs on Canada, Mexico, and China, along with Beijing's retaliation, also contributed to the decline.

read more... 05/03/2025

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German gas use could fall 3%-7% by 2030

Germany's natural gas usage could fall some 3% to 7% by 2030 from current levels while it remains central to the country's energy supply, consultants McKinsey said on Tuesday.

read more... 05/03/2025

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UK hits 75,000 charging point milestone

The number of public EV charge points in the UK has smashed through the 75,000 mark as high-powered chargers continue to lead the way in installations.

read more... 05/03/2025

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Dutch province provides funding for MSR development

The province of Noord-Brabant in the south of the Netherlands announced it will invest EUR4 million (USD4.2 million) in the further development of molten salt reactors.

read more... 05/03/2025

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Daily (04.03.2025): European gas and carbon prices increased on Monday amid concerns over low storage levels

Crude oil prices fell to a 12-week low on Monday amid concerns over trade disruptions, as Trump raised tariffs on China to 20% and upheld 25% duties on Canada and Mexico, set to take effect on Tuesday. Adding to the pressure, OPEC+ confirmed its plan to increase oil output in April.

read more... 04/03/2025

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