Energy

energy electricity

Analysis Energy

Power consumption up, although less than pre-corona

The Netherlands used 2024% more electricity in 2 than a year earlier, but 3% less than in the last pre-coronavirus year of 2019. Last year, more than 1% more energy was also produced, according to new figures from Statistics Netherlands (CBS). Furthermore, a barrel of Brent crude is exactly $1 more expensive this week than last week. And the Dutch gas reserves are almost half full.
The day before yesterday 08:00 am
LNG

Analysis Energy

The Netherlands increasingly dependent on US for energy

The Netherlands' dependence on Russian energy has fallen sharply since the invasion of Ukraine. The country has traded places with the US as the country on which we are most energy-dependent. This is evident from new CBS figures. TNO launched the TNO Vector Energy Price Monitor this week. The research organisation expects gas and electricity prices to fall over the next five years, but oil prices to rise. Back to the here and now, we see that the oil price has remained fairly stable last week, after the 15% free fall between 19 and 24 June.
3 July 2025
energy solar panels solar energy solar park

Analysis Energy

Oil price down 15 percent and record sunny half year

The oil market is confident that things will not get out of hand in the Middle East, as evidenced by the sharp drop in the oil price. After the escalation of the air war between Iran and Israel drove up the oil price considerably, a sharp downward trend has been visible since a week ago. There is a ceasefire, but it is not entirely certain. There is also sunny news: the first half of the year in the Netherlands has never been so sunny and this means that more than average solar energy is being generated. 
June 26, 2025
oil oil refinery iran

Analysis Energy

Iran-Israel air war could push oil prices higher

The escalation of the air war between Iran and Israel, which has also targeted Iranian oil and gas facilities, has pushed up oil prices. The world is now watching to see what action US President Donald Trump will take. CEOs of major oil companies are warning of serious consequences for oil supply and prices.
June 19, 2025
olie

Analysis Energy

Oil price on the rise, but decline expected

The oil price is rising sharply, but the American Energy Agency expects oil to become cheaper again in the coming months. In the first quarter of this year, less renewable energy was produced in the Netherlands because there was less wind, but in five years the share of renewable energy has increased fivefold to almost 20%. As far as solar energy is concerned, the Dutch Homeowners' Association is sounding the alarm now that it has discovered that according to the law, after the abolition of the netting scheme, solar panel owners are allowed to pay more in feed-in costs than they receive for the electricity.
June 12, 2025
gas

Analysis Energy

Gas price rises due to Norwegian disruption

Energy markets remain in the grip of Trump. On the oil market, uncertainty after new statements about Ukraine causes a slight increase. Meanwhile, disruptions in Norway cause a higher gas price and electricity remains relatively cheap due to strong production from renewable sources.
28 May 2025
gas

Analysis Energy

Gas prices show an upward trend

On the oil market, it is mainly Iran and the peace negotiations with Russia that are in the spotlight. Oil has become more expensive, but the price continues to fluctuate at a relatively low level. Gas prices have been rising for a number of weeks now. There is news on the electricity market: the introduction of quarter-hourly instead of hourly prices for electricity on the day-ahead market is being postponed from 11 June to 30 September.
22 May 2025
oil raw material

Analysis Energy

Oil price up due to lower import tariffs from China and the US

The US and China have slashed import duties on each other. The stock markets and the dollar responded to this and the oil price is also affected. The countries are the largest oil consumers in the world and the fact that the trade war is now being eased is good for the economies of the countries. The gas price is also rising. This is partly because the EU now wants to finally get rid of its addiction to Russian gas.
15 May 2025
trade war

Analysis Energy

Low oil price driven by US-China rapprochement

The oil price fell this week to its lowest point in more than four years. Sentiment has improved somewhat in recent days, partly due to negotiations between the US and China on the trade war and with Iran on a nuclear deal. In the Netherlands, the government is calling for energy efficiency during peak hours. And an operator of a wind farm in the North Sea is calling it quits. 
8 May 2025
olie

Analysis Energy

Energy markets are in decline

The energy markets are characterized by falling prices. While the oil price is under pressure due to the trade war, the warm weather is causing lower gas prices. The electricity price is also falling, partly due to the sunny weather.
1 May 2025
gas

Analysis Energy

The Netherlands will extract more gas from the North Sea

The Netherlands is going to extract more natural gas from the North Sea in order not to be dependent on other countries. In the area of ​​oil, American President Donald Trump now has a price-raising effect. He is taking a milder tone towards China and is also taking a stand against the chairman of the American central bank.
24 April 2025
LNG

Analysis Energy

Trade war reverberates across energy markets

Buckle up, the oil markets are in for a bumpy ride. That is the message from the US Energy Agency (EIA) in its latest monthly oil market report. Trump’s trade policy is making the oil market very difficult to predict. The trade war is also echoing on the gas market. It has driven China into the arms of Russia for importing LNG. The expectation is that more American LNG could end up in Europe as a result. 
17 April 2025
olie

Analysis Energy

Oil price plummets 20 percent in a week

The oil price has plummeted and the decline has not yet stopped. The price of gas is also moving downward. President Donald Trump celebrated his self-proclaimed 'liberation day' last Wednesday by imposing import duties on the entire world. A day later, the OPEC+ countries gave the oil price another blow by deciding to accelerate the increase in oil production.
10 April 2025
Trump

Analysis Energy

Energy markets await 'Liberation Day'

The oil and gas market, like the rest of the (financial) world, is anxiously watching the import tariff plans that Trump will unveil tonight. Previously, the American president has linked many of his tariff threats to oil and gas. For example, European countries could get away with it by importing more American oil and gas and he recently said that every country that imports oil from Venezuela would be subject to a 25% import tariff.
2 April 2025
oil PdVSA Venezuela

Analysis energy

Venezuela in Trump's sights: oil price up

Trump is able to get the oil market moving again, but not in the direction he promised the American voters. An import duty of 25% for countries that buy oil in Venezuela and with it the prospect that less Venezuelan oil will come onto the market, is pushing up the oil price.
27 March 2025
livestock farming energy solar panels solar energy new construction

Analysis Energy

Sun is bad news for solar panel owners

The mild and locally quite sunny spring weather of the last few days is also clearly visible on the energy market. Especially on the electricity market, sun or no sun makes a world of difference. Despite all the investments in sustainable energy, the role of fossil fuels is not yet over, as is evident from data from the International Energy Agency (IEA).
25 March 2025

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