Oil Cartel OPEC+ Increases Production The oil cartel OPEC+, which includes the Organization of the Petroleum Exporting Countries and its allies, has agreed to increase its oil production by 548,000 barrels per day (bpd) in August. This decision is based on the expectation that the global economy will remain stable and that demand for…
Sweden to provide state aid for new reactors Sweden’s parliament (the Riksdag) has approved a new law that provides…
The end of EU dependency on Russian energy The European Union (EU) has announced plans to end its dependency on…
Renewables produced less electricity in Germany in the first quarter of 2025 In the first quarter of 2025, electricity generation from renewable sources…
European energy companies missing incentives to guarantee electricity European lawmakers are facing challenges in establishing a regulatory…
German electricity market volatility and demand response systems The German market saw increased fluctuations in electricity prices in 2024,…
The Baltic states have successfully synchronized with the European electricity grid The Baltic states of Estonia, Latvia and Lithuania have successfully…
