diff --git a/docs/source/conf.py b/docs/source/conf.py
index 4ed60733..011e5733 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -22,7 +22,7 @@
 author = "ESA Advanced Concepts Team"
 
 # The full version, including alpha/beta/rc tags
-release = "0.2.4"
+release = "0.3.0"
 
 
 # -- General configuration ---------------------------------------------------
diff --git a/setup.py b/setup.py
index d6e250a8..f2ebc921 100644
--- a/setup.py
+++ b/setup.py
@@ -9,7 +9,7 @@
 
 setup(
     name="torchquad",
-    version="0.2.4",
+    version="0.3.0",
     description="Package providing torch-based numerical integration methods.",
     long_description=open("README.md").read(),
     long_description_content_type="text/markdown",