P0301 means the engine computer has counted repeated misfires isolated to cylinder 1, the first cylinder in the firing order. Combustion in that cylinder is incomplete or absent, so the engine runs rough and loses power. The most common cause by far is a worn cylinder-1 spark plug or a failed ignition coil. A replacement plug costs only 10-40 EUR, so start there before chasing fuel or compression faults.
P0301 is a misfire-related diagnostic trouble code classified as high severity. When your vehicle's ECU detects this condition, it stores P0301 and illuminates the check engine light.
