Know What's Happening in Energy
Know What's Happening in Energy
JPMorgan flags $1 trillion U.S. power‑grid upgrade spend amid aging infrastructure
The bank warns that the U.S. grid, averaging nearly 60 years old, faces a national‑security risk and projects roughly $1 trillion in upgrades between 2026 and 2035, part of a $5.8 trillion global spend. Rising AI‑driven data‑center demand could add 100 GW of peak load by 2030, intensifying the upgrade need.
Also developing:
By the numbers: Oil majors secure $164M Alaska lease package
Canada’s battery supply chain is hampered by a lack of domestic graphite refining, with 90% of battery‑grade graphite processed in China. Nouveau Monde Graphite (NMG) is launching a Phase‑2 mine and battery material plant in Bécancour, Quebec, backed by federal funding. Panasonic Energy has committed $25 million and a binding offtake for 13,000 tonnes of anode material per year. The initiative aims to keep the entire graphite value chain within Canada, reducing reliance on foreign processors.
WHEN THE ARTERY THAT SUPPLIES A FIFTH OF GLOBAL OIL NEEDS, THE STRAIT OF HORMUZ, IS WEAPONISED. Iran says it won’t let traffic through, bills its continued closure as victory. US wants to reopen it, proposes naval escorts if necessary. Here’s Iran’s Araghchi...
Rising energy prices triggered by the Iran conflict have pushed global gas rates up roughly 50%, inflating profits for Australian LNG exporters while household bills climb. Australia, a net oil importer but major LNG exporter, faces a fiscal dilemma: a...
CLP Power Hong Kong and City University of Hong Kong have signed an MOU to explore metal 3D‑printing for power‑generation equipment. The collaboration targets on‑demand production of turbine, heat‑exchanger and other critical components, focusing on high‑temperature alloys and microstructure control....
#JustIN | At a time when global energy markets are experiencing volatility, ensuring uninterrupted access to essential fuels for Indian households remains a national priority: #RelianceInd says Natural gas produced from the KG-D6 Basin will be diverted to support supply to priority...
Independent senator David Pocock highlighted that Australia’s Petroleum Resource Rent Tax on offshore gas exports generates less revenue than the excise on beer. Treasury Deputy Secretary Shane Johnson confirmed the comparison during a February Senate estimates hearing. The revelation underscores...
Escalating conflict between the US, Israel and Iran has shut down traffic through the Strait of Hormuz, pushing crude oil prices above $110 per barrel and raising concerns about global energy volatility. The disruption is also tightening natural‑gas markets as...
My monthly takes a look at oil price scenarios Inspired by Jurassic Park and Jeff Goldblum’s explaination of chaos theory. This hit close to home. Made my mom cry - should have warned her about the ending. The Butterfly Effect...
You don't have an economy without energy, so you really care about how long these prices are elevated. Let's make the assumption that the stable price of oil post this, is gonna be between $60 and $70. Oil was less...
The G‑7 is debating a coordinated release of 300‑400 million barrels from IEA strategic petroleum reserves to mitigate the Hormuz supply crisis. Historical draw‑down rates have never exceeded about 2 million barrels per day, meaning the release would cover only a fraction...
There has been a lot of commentary over the past week on China's energy vulnerabilities but much less about Taiwan's. In 2020, I coauthored a @CarnegieEndow report on Taiwan's energy trilemma of security, affordability, and sustainability - with ideas for...
Diesel prices are edging toward $5 a gallon, squeezing margins for owner‑operators and carriers. While macro forces such as Middle‑East tensions and Fed policy are beyond a driver’s control, two levers remain: where fuel is purchased and how much is...
Policymakers and experts convened to examine how critical minerals shape the Brazil‑US economic partnership. Brazil’s abundant rare‑earth and battery‑grade mineral reserves are increasingly vital to the United States’ energy‑transition agenda. The discussion highlighted supply‑chain vulnerabilities, especially reliance on China, and...
Port of Hastings is positioning itself as Australia’s first dedicated offshore‑wind construction hub through the proposed Victorian Renewable Energy Terminal (VRET). The hub could raise annual vessel visits from 150 to roughly 350, effectively doubling port traffic and supporting Victoria’s...
Australia's Renewable Fuels Summit opened with an $80 million government funding boost for industrial decarbonisation and the announcement of the country's first agricultural renewable gas plant. Analysts estimate the nation has enough feedstock to sustain a $10 billion‑a‑year renewable fuels sector, potentially...
Iran's Islamic Revolutionary Guard Corps announced it will block any oil export through the Strait of Hormuz, threatening to cut off a route that carries roughly 20% of global crude. The declaration coincided with heightened U.S. strikes in Iran and...
Want to understand what's going on with rising oil prices and Iran? I gave a full breakdown on @tbpn. The basics: • There is absolutely no substitute for reopening the Strait of Hormuz, whether through rapid victory or through a well-protected convoy. •...
Former President Donald Trump’s new "Ratepayer Protection Pledge" promises stable electricity prices for AI‑driven data centers, but the commitment contains no legal enforcement mechanisms. The pledge is positioned as a safeguard for tech firms facing volatile power costs, yet it...
Google continues to lie about being "renewable"—this time by claiming a new data center will be powered by "wind and batteries." Let's do some honest journalism here: Google's data center in Minnesota will be connected to the local grid, powered largely by...
Queensland’s Liberal‑National Party government has called in Trina Solar’s 200 MW Pleystowe battery project, adding it to a growing list of renewable schemes under state scrutiny. Planning Minister Jarrod Bleijie received 733 submissions raising fire, noise, and agricultural land concerns, prompting...
Marking fifteen years since the 2011 disaster, Fukushima remains a focal point for global nuclear safety debates. International bodies such as the IAEA have used the accident to revise safety standards and promote a narrative of technical resilience. Critics argue...
Oil prices are spiking as the frozen Straits of Hormuz has become the epicenter of the conflict. As of Sunday night’s futures open, WTI futures are trading at $108, which could make the...
A now-deleted post from Energy Secretary Chris Wright whipsawed crude for the second-straight session 🤡 @ENERGY $USO https://t.co/XlECoBdhiQ via @WSJ
HBO’s new documentary “Fukushima: A Nuclear Nightmare,” directed by James Jones, revisits the 2011 Fukushima Daiichi disaster through archival footage and first‑hand testimonies. The film underscores the frantic efforts of plant workers to avert a larger catastrophe and the lingering...
PowerBank secures funding, clears environmental hurdles for its 7 MW New York community solar project #energysky -- via pv magazine usa: https://t.co/cuWBlZKcKm
US adds 43.2GW of new solar PV capacity in 2025 #energysky -- via pv-tech: https://t.co/aZ7O8AfdNy
Diesel prices jumped nearly a dollar, with the EIA reporting a national average of $4.86 per gallon for the week ending March 9, the highest level since December 2022 and approaching the $5 mark. California remained the costliest market at $6.10 per...
G7 head of state and/or government will hold a video call Wednesday to discuss the impact of the Third Gulf War, particularly around the “energy situation” and the Strait of Hormuz. The call is scheduled for 2pm GMT. I doubt this...
Argentina tenders 700 MW of battery storage nationwide #energysky -- via pv magazine global: https://t.co/fPJqWq2Ss4
The latest US Natural Gas Balance report shows inventories climbing by 0.5 billion cubic feet per day (Bcf/d) to a total of roughly 2.9 trillion cubic feet (Tcf). Production dipped about 1% as several key processing plants underwent scheduled maintenance, while demand...
Beazley acquires kWh Analytics to scale renewable energy underwriting #energysky -- via pv magazine usa: https://t.co/HU8MHQTedQ
If the Navy says it’s too dangerous to escort ships through the Strait of Hormuz, but Trump says tankers should have the guts to sail through. This is some serious mixed messaging.
Dynamic line rating (DLR) replaces static worst‑case assumptions with real‑time sensor data and fine‑scale weather forecasts, letting operators gauge the actual thermal capacity of transmission lines moment‑by‑moment. Case studies across Europe, the United States and Asia report capacity gains of...
New free article: Tail Events in Crude Oil Plus Inflation-Adjusted Prices. Link in reply below. 👇 https://t.co/zZ0F6nhkje
UK government issues open call for experts to shape AI energy policy #energysky -- via pv magazine global: https://t.co/hQ1EUBbdg9
The U.S. faces a new oil shock as the Strait of Hormuz closure drives gasoline prices above $3 per gallon, echoing the 1973 embargo. While domestic shale production and higher vehicle fuel economy have reduced the economy’s gasoline intensity, the...
South Korean ESS component supplier will build US factory in Indiana #energysky -- via Solar Power World: https://t.co/IHTPPbh5vU
Here's a blow-by-blow of how utility regulators and utilities collude to screw you. In this case, Eversource, New Hampshire's largest utility, got a 43% increase in the fixed monthly charge consumers pay. 43% https://t.co/zDXDvQwYc7
Important to note that the EIA’s Short-Term Energy Outlook (STEO) doesn’t take a firm position on discretionary White House policy. I actually really like the STEO, but it’s not built for a moment like this, which demands Strait closure duration scenarios,...
Why you reeeeally need to think before you tweet if you’re the Energy Secretary. Oil prices fell under $80 bc of this. US official: ‘Not true’ Navy successfully escorted oil tanker through Strait of Hormuz https://t.co/nI7oZeeaDh
Pakistan says it has launched a naval operation to protect its “energy lifelines.” In some ways expected: oil importing nations in Asia may step in protecting their own tankers. (Importantly, Pakistan has a defence treaty with Saudi Arabia, and buys...
US Navy refusing to escort commercial ships thru the Strait. Saying the risk is too high. Is the end of the war not as close as some infer? Is supply chain risk escalating? Can a prolonged war fracture some of...
US solar installation: Down 14% between 2024 and 2025. Chinese solar installation: Up 14% between 2024 and 2025. Last year China installed more than 7 times more solar capacity than the US. So much for energy dominance... https://t.co/te4ziwFqlX
Foreign Minister of Iran claiming current oil disruption is 4-20x more severe than previous oil crises https://t.co/33VOGTSEeb
Singapore raises 2030 solar target to 3 GW #energysky -- via pv magazine global: https://t.co/PpRx1O5JTA
Solar, storage and sheep: First sod turned at game-changing hybrid PV and battery project #energysky -- via Renew Economy: https://t.co/DQsJEXqpqz https://t.co/Xxr9iTs3j8
Universities provide an interesting testbed for adopting innovative technologies. Here is Princeton using what appears to be a very large ground source heat pump with 2,000 (!) boreholes. https://t.co/SowKV9ivJe
India and Russian oil with US sanctions lifted. Revenue for Putin’s illegal Ukraine war? And for providing intelligence to Iran on US military? Oh right. War criminal Putin said that did not happen.
Oil is deeply embedded in the economy. Whatever happens in the short term, demand contonies to grow through 2050.
Crude Oil has to be impossible to trade right now Red = Transportation Secretary Chris Wright says the Navy escorted a ship through the Strait of Hormuz, -8.3% Blue = Social Media post deleted, +5.49% Green = repost below, potential mines in the...
