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Industrial electrification key to Europe’s green renewal, but market simplification still needed
As Europe approaches the first anniversary of the landmark Antwerp Declaration, the challenge of industrial electrification remains central to the continent's decarbonisation journey. Its vision for industrial transformation, coupled with the implementation of the Clean Industrial Deal and Electrification Action Plan, has set the stage for crucial discussions about Europe's industrial future.
read more... 07/02/2025
Europe’s renewables market powers battery storage boom
Europe’s battery storage capacity is expected to grow around five-fold by 2030, bringing with it increasing returns for energy majors, project developers and traders, as the cost of new projects falls.
read more... 06/02/2025
Dismantling of Swedish reactors reaches milestone
The dismantling of a reactor pressure vessel at the Oskarshamn nuclear power plant marks the completion of a project to dismantle the RPVs of four decommissioned reactors in Sweden.
read more... 06/02/2025
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Top EU Gas Storage Holders Discuss Easing Refilling Targets
A group of EU member states that have the largest natural gas storage capacity have held informal discussions about a potential easing of the binding filling targets after 2025, officials have told Bloomberg.
read more... 06/02/2025
Daily (06.02.2025): British gas prices surged on Wednesday due to tight EU gas supply
Oil prices fell on Wednesday after President Trump expressed willingness to negotiate a nuclear deal with Iran following the imposition of "maximum pressure" sanctions. His remarks raised the prospect of renewed talks with Iran, OPEC’s third-largest oil producer, adding to market uncertainty. Brent crude dropped by over 2% on Wednesday, closing at $74.61 per barrel. WTI crude plunged by 2.3%, settling at $71.03 per barrel.
read more... 06/02/2025