Analysts Predict Gas Prices, Miss Strait of Hormuz Reality
Wall Street analysts keep giving us gas price predictions for Memorial Day and end-of-year. They seem incapable of escaping the news cycle which is purposely avoiding the real truths on what's actually happening in the Strait of Hormuz. A thread. 🧵
Solar Can't Simply Replace Biofuel Land Use
I hear this framing all of the time and it is disappointing to hear it from @OurWorldInData. Basically says that we use alot of land to grow biofuels. Put solar panels on that same land and you could power every car...
Elon’s Compute Sale Reshapes Anthropic and SpaceX IPO
The All-In pod asked: what would it take to truly "solve" compute for Anthropic/Claude? Elon sold them 300MW of compute to help them in the short term. As usual the conversation was hard to follow, but let me see if I can...
Believe in Your Idea; Change Strikes Suddenly
Change happens really slowly — then all at once. You have to be the one who believes in your idea. Take feedback, make your story better — but the conviction has to come from you. https://t.co/oglWT77OBQ
PJM Admits Capacity Price Surge, Calls for Market Overhaul
PJM just cried "Uncle". They admit that capacity prices are up 1,000%+ in two auctions and that money goes to existing generators, doesn't send a signal to build new on 3 year contracts. The prescription is pretty bold. They aren't...
RNG: Rural Prosperity, Em
RNG is one of those rare win-win-wins — rural income, emissions reduction, energy security — and yet it still makes some environmentalists nervous. The political complexity is real, but so is the opportunity. https://t.co/od6g2nplAL
75% of World Imports Fossil Fuels, Spend $1.7 T Annually
The underlying logic is simple: 75% of the world's population lives in net fossil fuel importing countries. They collectively spend $1.7 trillion a year on those imports. EVs, solar panels, and batteries don't need constant replenishment the way oil does....
Bold, Unchecked Risk‑Taking Needed to Scale Clean Energy
I had the good fortune to meetTed Turner several times in Aspen. He didn’t wait for permission to change the world. He saw opportunities and bet everything on it. That’s the same energy we need to deploy clean energy at...
Geothermal Power: Limitless, Zero‑carbon, but Needs 10× Growth
Geothermal energy could power civilization forever — 24/7, zero carbon, tiny footprint, works anywhere. It’s growing fast. But not fast enough. Here’s what the industry could learn to 10x its speed 🧵
Extending Gas Pipelines to New Homes Is Illogical
Really makes no sense to extend the natural gas grid for new residential neighborhoods. https://t.co/jjXKsG4tQ2
Nuclear Sector Excels at Early Community Outreach
The nuclear industry is better at going in early and answering community questions (at least most folks not named Fermi) https://t.co/ENfsStaNs5
Gas‑powered Data Centers Are a Fantasy, Not Reality
The gas bet is “a fairy tale concocted on the back of a napkin.” We will build 50GWs of gas but it will run 100-400 hours a year. Offgrid data centers are a fantasy. Not a single one has worked so far.
Four Years In, Clean Energy Gains Trust with Trades
This was four years of solid work to get 2,000 clean energy companies talking productively to the building trades. Both sides were constructive but had not really developed the relationships to build trust. Glad to see it continuing to bear...
NG Projects Likely Built as Limited‑Hours Peakers
None of the NG projects will be built without an offtake. I suspect that many of those project will be built as peakers for 100-400 hours a year.
Diesel Soars to $7.50 as Tesla Semi Rolls Out
Two things happened almost simultaneously: - Diesel hit $7.50 per gallon - @Tesla Semi produced its first unit off its new high-volume production line in Sparks, Nevada on April 29, 2026. https://t.co/ZDUV34vxAz https://t.co/QpK0wp2y29
U.S. Shifted From Energy Pillar to Global Instability
Good diagnosis, wrong conclusion. @gbrew24 is right that America turned from bulwark of the global energy system into its biggest source of instability. But mourning the Carter Doctrine misses what actually happened in the meantime. 🧵
Clean Energy Needs Thousands of Midsize Firms, Not Giants
Clean energy won't be won by 5 giants. It'll take a million companies doing $10M/year — or 100,000 doing $100M — to hit trillion-dollar scale. That's exactly how we got here. https://t.co/rdA6J5tqgJ
Wind and Solar Power Enable True Energy Independence
“Energy independence” has been conservative gospel for 40 years. Wind farms and rooftop solar panels refuel Electric Vehicles without going through the Strait of Hormuz. Say it louder.
Renewables Surge: Build, Not Talk, Drives Climate Action
Less talking about Climate more Deployment. The era of building solutions is just accelerating . 100% of TWh growth last year was from solar, wind, and nuclear. Battery storage is getting cheap and IEA upped 2030 target from 2TWh...
India‑sourced Transformers Deliver $500M Sales in 18 Months
We have access to large power transformers that can be delivered within 18 months using supply chains from India. $500m in sales already. https://t.co/sOxvbR0c2F
Data Centers Overpromise 500GW, Reality Caps at 50GW
I joined the Prof G Markets pod to talk about the Data Center Debate. Data centers are promising 500GW to communities but can only realistically build 50GW by 2030 due to GPU, memory, and CPU limits. Empty promises are fueling...
80/20 Debt-Equity Mix Boosts Utility Durability
Moving all of the utilities to 80% debt and 20% equity is more durable than reducing their ROE. You can do it with the 1706 financing program at LPO like Georgia Power just did.
Energy Crisis Solved: Companies Ready, Narrative Lags
We're in the biggest energy crisis since 1973 — but unlike then, we have the solutions AND billion-dollar companies deploying them at scale. The challenge now is narrative, not technology. https://t.co/k6D6j9tgaJ
Governors Hold Power Over Data Center Energy Costs
So much happening at the PJM and FERC on data centers. Governors own the electricity bill problem. Energy costs already a ballot issue. They approve the electricity utility rate increases. They approved the data center deals. Here's what they can do...
America’s Electricity Crisis: Underrated, Requires Federal‑state Clarity
America's electricity crisis is the most underrated issue of our time — and very smart people are laying out completely different playbooks for fixing it. I think this is because the confusion on what Governors control and what a competent...
Standardize, Modularize, and Procure Transformers at Portfolio Level
We are short transformers, but to solve it we need to change how we buy them. The fix isn't just more factories — though we need those too. It's standardization. Modular design. Portfolio-level procurement instead of project-by-project scrambling. https://t.co/nHPIg2z3HH https://t.co/B3n5qUQLMQ
5 MW Battery Ready This Year Cuts Peak Costs
“A distribution-connected 5 MW battery can be deployed this year, at a fraction of the cost, and begin shaving coincident peak exposure immediately. “The number the transmission utility has to solve for, then, is lower,” https://t.co/hKXw8KnF7M
AI Data Center Power Demand 45‑55 GW by 2030
Appreciate the effort here. With all of the overlapping constraints it looks like no one that has actually run the math sees AI data centers load growth above 45-55GW by 2030. That is easily tucked into our existing grid with...
Europe’s High Energy Prices Cause Rationing, Not Demand Destruction
Goldman says Europe is seeing “demand destruction” from high energy prices. Not quite — this is rationing, not demand responding to price. That distinction matters more than it sounds. 🧵
Clean Energy Ready at Scale, Rationing Replaces Demand Destruction
We don’t have demand destruction, this is rationing. As JPMorgan noted, “demand destruction has already begun” This time clean energy is ready at scale. Our costs are down, supply chains built, now inertia is not in the way. It can’t...
China's Clean Energy Lead Becomes US Security Threat
Was just reading this amazing @RiponSociety piece from @jharrell on US clean energy strategy. The core diagnosis — China has a decade head start on clean energy manufacturing and now we have a national security issue. 1/🧵
Brent Flat; Gasoline and Diesel Cracks Surge 20%
“Brent moved just 3 dollars. Gasoline and diesel cracks widened roughly 18 and 22 % over the same week’s window.”
Exported Overcapacity Fuels Tech Adoption in Energy‑starved Nations
You will see all of that “overcapacity” exported to countries hurting from an energy shortage. Once they learn how to do it they will keep deploying these technologies.
Oil CEOs Reject Drill Push, Sell Their Shares
Chris Wright and Doug Burgum got on a call with 200 top oil and gas executives and begged them to drill more. They all said no. High prices won't last. Not a good investment. Instead oil executives are selling their own stock....
Clean Energy Deployment Hits $200B Monthly, Set to Double
At the @Bloomberg NEF conference they are measuring $200B a month of clean energy deployment. That number will likely double by the end of the year. Most reliable way for countries to fill the gap from the loss of Oil...
Cancel Summer Vacations to Force European Grid Investment
How do you get 27 European countries to finally invest in their grid and unleash their clean energy innovation? Cancel their summer vacations. James Gutman joined @EnergyEmpirePod to talk about the Iran War and why financial markets and physical reality have...
Fervo’s Cape Station Begins 100 MW Build
Let’s look at Fervo’s near-term pipeline Cape Station (Utah) Total planned: ~500 MW Currently under construction: first ~100 MW phase (expanding to full 500 MW)
Chips Define Potential, Yet Power, Build, and Politics Lag
Chips shape what's possible. Electrical infrastructure and construction capacity determine when. And geopolitical dependencies shape the conditions under which any of it can actually be trusted. Right now, all three are moving at once.
AI Data Centers Face Five Hard Limits, Not Money
Everyone's talking about the AI data center buildout like it's just a money problem. It's not. There are 5 distinct hard constraints stacked on top of each other — and solving one just reveals the next. Why there...
Balancing Oil Markets May Require Global Recession, Sparks Crisis
Feels like the only way to bring finished goods markets in oil/gas in balance is a Global Recession. Massive humanitarian crisis.
Strait Disruption Could Drop 2026 Oil Demand Below IEA Forecast
The @IEA projects that the world would use ~104 million barrels per day in 2026. With the disruption in the disruption in the Strait we are already predicted to go down to an average of 100mbpd for 2026-- maybe lower.🧵
U.S. Energy Policy Must Balance Speed, Cost, Reliability
Since 2020, the private sector has preferred wind and solar power with federal incentives. These sources with batteries have dominated recently, accounting for 90% of all new capacity, largely credited for saving the Texas grid. Nuclear power offers a different set of...
Microreactors Go Public, Target $1/kWh with Military Orders
These are microreactors and they are all going public… @oklo @RadiantNuclear Valar Atomics Aalo Atomics Antares Nuclear They start at $1/kWh and will need orders from the US Military bases to scale up production and get costs down to something reasonable.
China’s EV Surge Fuels Bullish Lithium Outlook
China’s EV production capacity: >20 million vehicles/year Actual EV production (2024): ~12.9 million China exported >1.2 million EVs in 2024 Everyone should go long Lithium…
Physical‑sector Stocks Must Dominate the S&P, New IPOs Needed
Such a good episode from @ArjunNMurti. Some comments from my side. I totally agree that the physical world (energy, mining, industrials) have to be a much bigger part of the S&P. I think that requires more companies to go public....
Smart Grids Could Cut Bills 10%—Will Politics Allow?
Communities are pushing back on data centers—and they’re right. Utilities raised budgets 40% for AI capacity we can’t find chips for. We could cut bills 10% with smarter grids, batteries, and flexible data centers. Tech exists. Political will doesn’t—yet https://t.co/3SbcUY9uZs
Gas Prices Surge, Hyundai EV Sales Jump 40%
Gasoline is going to $5/gallon on average throughout the USA in 2 weeks. -JP Morgan
Scale U.S. Grid Tech to Cut Bills 10%
This number has gone up 40% since last year. This is nothing to brag about when we could actually reduce bills 10% while growing load if we deployed American grid utilization technologies at scale.
Russell Gold Swaps WSJ for Solar Industry Insight
I think I may have accidentally gotten Russell Gold to leave the Wall Street Journal for the solar industry. On the latest episode of Energy Empire, he explains why. https://t.co/LerdxNAL7J
2026 Hypers
“Crude capex math: $600-700B in 2026 hyperscaler capex at roughly $40-50B per GW of fully-built capacity also implies mid-teens GW.”