North Sea gas sentiment bearish, says analyst after BP sell shock

Analyst: North Sea gas sentiment is bearish after BP put its North Sea business up for sale; depletion, high costs and taxes leave room for niche players only.

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Italy backtracks on coal with “imminent” 3.7 GW closure

Italy to close 3.7 GW of coal capacity at Brindisi and Civitavecchia, reversing a prior stand‑by decision and freeing sites for sustainable redevelopment, minister says.

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Regulator urges Norway hydro restraint as levels at 20-yr low

NVE urges Norwegian hydropower producers to prioritise supply security as reservoir levels hit 20‑year lows; spot prices in NO2 have surged above EUR 100/MWh.

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French nuclear output hits 8-year high for July despite heat

French nuclear output hit an eight‑year July high at 29.7 TWh, while renewables reached a July record of 12.1 TWh and gas generation surged 47% amid the heatwave.

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Danish battery industry “could grind to standstill” on grid plan

Industry warns Denmark’s draft grid‑access rules could stall battery projects by placing standalone and co‑located batteries in a lower priority category, risking cancellations and delays.

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SE Europe sees stable power but faces hot, dry spell until mid-Aug

Southeast Europe reports stable power for now despite Danube drought and a heatwave through mid‑August; 40% of regional nuclear is offline and authorities urge rationing.

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UK’s failure to “keep up” with green growth behind metering issue

Analyst: Neso’s rapid renewables buildout stretched its metering setup — 818 meters flagged as potentially misconfigured, causing balancing errors and extra costs.

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Hungary warns Paks may shut unless rainfall lifts Danube

Hungary warns Paks’s last operating reactor may shut within 48 hours unless Danube flows rise after upstream rain; government secures voluntary demand cuts and rail suspensions.

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Denmark’s grid priority plan to cause investor uncertainty – industry

Under the plans, the government intends to prioritise grid access for projects showing strong benefit for society in a bid to speed up connections and avoid so-called zombie projects holding up viable...

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Bookings for German H2 pipeline network double to near 6 GW

Capacity bookings for Germany’s planned hydrogen core network have doubled to nearly 6 GW, with strong demand across industrial clusters suggesting growing market confidence.

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EC “closely” monitoring SE Europe power amid Danube drought

European Commission says it is closely monitoring southeast Europe’s power risks after the Danube drought cut nuclear output; Entso‑E mobilised and EC ready to call emergency meeting if needed.

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Three Egyptian-bound LNG cargoes divert to Europe after attack

Three US‑loaded LNG cargoes bound for Damietta have diverted to France and Spain after a drone attack, easing some European supply tightness.

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SE Europe turns to rationing as heatwave strains power systems

Romanian prime minister urges power rationing as a 40°C heatwave and Danube drought halve Cernavoda output and cut hydropower, forcing imports across southeast Europe.

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Water scarcity is key threat in SE Europe energy crisis – experts

A widespread heatwave and record-low Danube water levels have left roughly 40% of the region’s nuclear capacity unavailable. The 1.14 GW Djerdap 1 and 270 MW Djerdap 2 hydropower plants on the river i...

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Romanian premier urges SE Europe power rationing on 40C heat

Romanian prime minister urges power rationing as a 40°C heatwave and Danube drought halve Cernavoda output and cut hydropower, forcing imports across southeast Europe.

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EU locks in “fossil fuel dependency” as climate aims slip – study

Climate Action Tracker: EU climate ambition is slipping and the bloc risks locking in fossil‑fuel dependency as car, ETS and methane rules are weakened.

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Hungarian power spot doubles in “most critical” heatwave phase

Hungary’s day‑ahead power nearly doubled as the heatwave and record‑low Danube threaten Paks nuclear; imports and voluntary demand cuts helped but supply remains tight.

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Romania detonates rock to divert Danube flows, help reactor cool

Romania detonates rock to boost Danube flow and aid Cernavoda reactor cooling as drought cuts hydropower; gas, imports and solar step in to stabilise power.

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Italian hourly power prices to top EUR 200 amid 4th heatwave

Italian day‑ahead power may top EUR 200/MWh as a fourth heatwave drives cooling demand and low hydro and wind leave gas to set prices after a record EUR 197.71/MWh day.

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40% of SE European nuclear capacity offline amid drought

About 40% (2.44 GW) of southeast Europe’s nuclear capacity is offline as Danube drought forces Paks, Cernavoda reductions; governments urge savings amid heatwave.

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French heat-related nuclear cuts to hit 12% of capacity today

France’s heat‑related nuclear cuts reach 7.6 GW (12% of fleet) as EDF curbs Golfech, Chooz and St Alban reactors amid the heatwave and cooling‑water limits.

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EU gas falls on US-Iran hopes despite fresh attack on LNG tanker

EU TTF gas falls as US‑Iran diplomacy raises hopes of reopening Hormuz, despite fresh LNG tanker incidents involving Gaslog Shanghai and Gaslog Salem.

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French spot power price on track for 1.5-year high on outages

French spot power nears a 1.5‑year high as heat‑related nuclear outages push the front‑week to EUR 120.50/MWh, while exports remain elevated.

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Revised ETS auctions to have muted market impact – analysts

EEX revises weekly EU carbon auctions to 11.9m EUAs from September; analysts say the change and preliminary 2027 volumes are likely to have a muted market impact.

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Engie’s gas plants “super well positioned” to cash in on heatwaves

Engie says its gas fleet earned EUR 11m during the June heatwave and is “well positioned” to capture value from flexible assets as it eyes a German capacity auction.

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French nuclear modulation falls 27% on strong summer demand

French nuclear modulation fell 27% to 13.3 TWh in H1 as strong summer demand and renewables curtailment reduced the need for reactor ramping, EDF says.

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Hungary power prices hit 3.5-year highs amid nuclear supply crisis

Hungary urges power saving as Paks nuclear shutdown risks ‘critical’ supply amid Danube record lows and heatwave; government seeks voluntary cuts and may mandate disconnections.

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Coal traders exit spot market as Rhine revisits all-time low

Coal traders delay seaborne spot purchases until September as Kaub Rhine level hits 25cm; barges load 75% less, freight surcharges spike and API2 near USD 121/t.

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Italian power prices hit almost 3.5-year high amid July heat

Italian day‑ahead power averaged EUR 157/MWh in July — the highest in nearly 3.5 years — as extreme heat, soaring cooling demand and limited flexibility pushed prices and spikes.

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Hungary urges power saving amid “critical supply situation” risk

Hungary urges power saving as Paks nuclear shutdown risks ‘critical’ supply amid Danube record lows and heatwave; government seeks voluntary cuts and may mandate disconnections.

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