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
The United States is forming a critical‑minerals trading bloc aimed at breaking China’s dominance in supply chains for digital and defense technologies. The initiative downplays clean‑energy needs, even though analysis shows only a handful of the 33 minerals the UK labels critical are essential for the International Energy Agency’s decarbonisation pathways. Bilateral deals with partners ranging from the DRC to the UK give the US preferential access while limiting host‑countries’ control over extraction and value‑adding. Critics argue the club will divert resources toward military and tech build‑up, undermining an equitable green transition.
The episode explores how the global refining landscape has shifted, with rapid capacity growth in Asia, the Middle East, and Africa—especially China and India—while Europe and North America face widespread closures due to higher costs, stricter regulations, and declining demand....
At the PDAC conference, Homerun Resources announced it is close to completing a bankable feasibility study for Latin America’s first antimony‑free solar‑glass manufacturing facility in Bahia, Brazil. The project leverages a high‑purity, low‑iron silica deposit that contains under 10 ppm iron,...
How the Iran War Will Kill Oil and Gas O&G now have a competitor: electricity. High prices + volatility encourage consumers to buy check out the competition. Especially in the Global South. Buckle up, Canada. MarkJCarney #cdnpoli #abpoli #bcpoli https://youtu.be/dDbCM-M2UWA
Polysilicon prices in China plunged last week, with the steepest drop of 12.87% for n‑type granular material. High inventory—reaching 480,000 tons—combined with weak demand from downstream solar‑cell and module producers drove the decline. February output fell 17.3% to 84,400 tons,...
Esentia Energy Systems and Siemens Energy have signed an agreement to upgrade the Wahalajara pipeline system, which transports natural gas from the West Texas Waha hub to Mexico. The upgrade is designed to lift daily throughput to roughly 2 billion cubic...
Babcock & Wilcox has secured a $2.4 billion design‑build contract with Base Electron to deliver 1.2 GW of natural‑gas‑fired capacity for Applied Digital’s AI‑focused data‑center campuses. The project will install four 300‑MW gas‑boiler and steam‑turbine generator sets supplied by Siemens Energy, with construction...
Escalating Middle‑East tensions have pushed oil prices higher, reigniting concerns over energy security. The volatility is prompting policymakers and utilities to revisit nuclear power as a reliable baseload source, especially for power‑hungry AI data centers. Uranium, the core fuel for...
Hospitals are turning to retrofits rather than new construction to meet tighter sustainability rules, budget constraints, and patient demand, according to a Schneider Electric and JLL white paper. The study examined nine energy‑and‑carbon conservation measures (ECCMs) across seven facilities in...
Japan’s Green Investment Promotion Organization wrapped up its 27th utility‑scale solar auction, allocating 79 MW at an average price of JPY 4.61/kWh ($0.029). The auction saw a zero‑yen bid for a 400 kW project and a highest bid of JPY 6.49/kWh, well below the...
Oil prices surged above $100 per barrel as the Iran‑US‑Israel conflict intensifies, leaving the Strait of Hormuz gridlocked. G7 finance ministers are meeting to discuss a coordinated release of strategic oil reserves, while the Federal Reserve and European Central Bank...
First Solar reported a $1.53 billion net profit for 2025, heavily bolstered by $1.6 billion in 45X transferable tax credits that are counted as net sales. The company projects $2.1‑$2.19 billion of similar credits in 2026, prompting Wall Street to discount the earnings....
Battery energy storage systems (BESS) are projected to hit 2 TWh of capacity by 2033, driven by a 30% CAGR and expanding renewable integration. Overheating remains a critical challenge, as temperatures above 30 °C can cut battery life by up to 40%....
$USO has broken its all time daily volume record with $7.6 traded and it's only 1130am. Dwarfing the volume it saw in 2020 and 2022. Prob mix of pro traders and retail degens. While it is arguably the most sensitive...
Hanjung America, a subsidiary of South Korean battery maker Hanjung NCS, announced plans to construct its first U.S. energy‑storage‑system manufacturing facility in Huntington, Indiana. The 133‑acre plant will focus on cooling‑fan modules and direct‑injection fire extinguishers that serve the Stellantis‑Samsung SDI...
Tesla announced plans for a massive fast‑charging hub in Yermo, California, featuring roughly 400 V4 Supercharger stalls capable of delivering up to 500 kW. The site, positioned along the high‑traffic corridor between Southern California and Las Vegas, may incorporate solar‑powered canopies...
My chat with @SoumayaKeynes about oil on the @FT podcast. When we did this on Thursday, Brent was $83 and there was lots of humming and hawing if they can go higher. We discussed the shutdown of the Strait of...
The government sources say petrol and diesel prices are unlikely to increase as India currently has sufficient fuel stocks. Prices may only rise if crude oil crosses $130 per barrel. Officials expect crude to stay around $100 per barrel.
Oil prices surged past $100 a barrel after the Iran‑related conflict disrupted the Strait of Hormuz, sending crude to near $120 in a single day. In response, the UK’s AA and RAC urged motorists to skip non‑essential trips and adopt...
The U.S. Energy Information Administration reported that commercial crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 3.5 million barrels to 439.3 million barrels in the week ending Feb 27, still about 3% below the five‑year average. Total petroleum stocks rose 2.9 million...
Edison International, the parent of Southern California Edison, secured a dismissal of a shareholder lawsuit alleging fraud over the January 2025 Los Angeles wildfires. U.S. District Judge Otis Wright found the utility’s statements about its Public Safety Power Shutoff (PSPS) program too...
G7 finance ministers said they will keep monitoring oil markets and stand ready to release strategic petroleum reserves if needed. Crude oil peaked at $119.48, fell to $96.24, and now trades near $100. The price is 16% lower than its...
The Arizona Corporation Commission voted unanimously on March 4 to repeal the state’s renewable energy standard and associated tariff rules, arguing that the mandates no longer justify the costs to ratepayers. Since 2006, utilities have collected more than $2.3 billion in REST...
Are electric vehicles denting oil demand? Yes. By how much? 1.5 million barrels of oil a day, according to EV Curve Futurist. Caveat: These estimates are hard, but the numbers are certainly adding up.
Putin says Russia should take advantage of the sky-high oil prices after US-Israeli attacks on Iran. Russia should redirect supplies to Europe elsewhere, he adds. “If we shift our focus right now to the markets that need more supplies, we might...
Global long‑duration energy storage (LDES) installations topped 15 GWh in 2025, a 49 % year‑on‑year rise. China drove the surge, delivering 93 % of total capacity under a new provincial‑level storage action plan. Compressed‑air systems dominated the mix at 45 %, followed by thermal...
MOSCOW, March 9 (Reuters) - Russian President Vladimir Putin said on Monday that the Iran war had triggered a global energy crisis and cautioned that oil production dependent on transport through the Strait of Hormuz could soon come to a...
And as the forecasted 2026 LNG supply glut disappeared, I couldn’t help but wonder… was I too one supply shock away from flipping into a deficit? https://t.co/gGw2ZO9NRr
There has been a lot of recent interest by companies in mitigating short-lived climate "super-pollutants" like methane and refrigerants. This can have a strong short-term climate impact, but to credibly counterbalance CO2 emissions requires combining them with durable carbon removal.
Oil price futures, 2 years out: White: current blue: a week ago purple: 6 months ago Source: Bloomberg. https://t.co/IjF2clfIGe
Oil tankers transiting Strait of Hormuz ‘must be very careful,’ Iran foreign ministry warns: CNBC $USO $XLE
With RPS already met, Arizona ends customer-funded renewable energy power contracts #energysky -- via Solar Power World: https://t.co/DkEDUcqqob
We've had some more popping cleantech news this past week. Below are 10 top stories, as well as the top 10 stories of the past month. - https://t.co/D98YdEyReo
Disagree. If they were to move forward with releasing it, they lose their biggest tool right away. Instead, if you dangle the carrot anytime oil goes above $100, you get way more bang for your buck. We live in the era of...
China is betting big on energy storage — in the form of water . Read more and sign up to my newsletter here: https://t.co/nGNBjAeMXE https://t.co/ixq1XqSbYu
EU ‘Made in Europe’ regulation welcomed but ‘will not remove dependency on China’ #energysky -- via Energy Storage News: https://t.co/p1am0cSs8K
CHN Energy switches on 2 GW solar plant at coal-mining subsidence area #energysky -- via pv magazine global: https://t.co/0etOLNRt0S
It could be interesting to see what this pattern in Crude Oil looks like at the week's end. $USO $XLE $TLT $GLD $SPY https://t.co/f4XJ3djY8Q
Do you still think it hasn't made the high for the year? The gap is about to be filled. So far it has been very similar to the 2022 top and if it keeps following the 2022 price path crude...
In this case, a power plant developer provided evidence of Duke's "multi-faceted anti-competitive scheme" to prevent the developer from winning a contract with a municipal utility that had purchased power from Duke.
Read @JavierBlas on the oil pipeline that could ameliorate the closure of the Straight of Hormuz https://t.co/hfkrPgLpIy https://t.co/BIgHZhk6rA
Safe-harbored panel strategy enables acquisition of six-project community solar portfolio #energysky -- via pv magazine usa: https://t.co/Cr4Jue98Yl
Now that is what I call a wick... Massive $19 dollar 'upper wick' on US crude oil... https://t.co/FyhlHK9e78
Origin Energy’s 650MWh grid-forming BESS begins commissioning in Australia #energysky -- via Energy Storage News: https://t.co/61QbfMJxsW
Today is the second day in a row (after Friday) that markets are trading winners and losers from the spike in oil prices. That's a big shift from the blanket risk-off that clobbered all EM currencies this time last week....
If the war ended today with Iran's complete and total surrender, Strait of Hormuz shipping traffic would take two weeks to return to normal and Gulf oil production two months to get back to pre-war levels. And that's optimistic. https://t.co/o3CKt61EZn
Silfab solar cell manufacturing site temporarily closed after chemical incident #energysky -- via Solar Power World: https://t.co/wPNqIx1Taf
Lots to chat about this morning with oil surging and vol spiking 🛢️📈 MRKT Call is LIVE at 11 am ET with Dan & @CarterBWorth 📺 WATCH: https://t.co/6sahpHh8D9 https://t.co/mAD77jkCZv
>70% of RBC’s non-energy analysts saw limited impacts on stocks they cover from the spike in oil prices and geopolitical crisis. Here’s why that’s missing the forest for the trees — or rather, missing the tankers for the empty strait. https://t.co/rQNco6tBZB...
Don’t Predict Oil Prices, Prepare for Them - https://t.co/MNGa0kJy3v #oilprices #peakoil #supplychain #logistics #riskmanagement #decisionscience
