Today's Energy Pulse
Scania pilots megawatt‑scale V2G for heavy‑duty electric trucks
Scania demonstrated one of the first vehicle‑to‑grid systems for heavy‑duty electric trucks using the Megawatt Charging System (MCS). The pilot showed bi‑directional power flow, allowing trucks parked at depots to feed electricity back to the grid, with real‑time communication between the truck, charger and energy‑management platform enabling dynamic charging and discharging. The test marks a step toward integrating large‑capacity EVs into grid balancing.
Also developing:
3 Top Refining & Marketing MLPs to Buy for Growth Ahead
Zacks highlights three refining and marketing master limited partnerships—Global Partners LP, Suburban Propane LP, and CrossAmerica Partners LP—as top growth picks. The sector enjoys diversified revenue streams, essential fuel demand, and a Zacks Industry Rank in the top 10% of all industries. Valuations remain attractive, with an industry EV/EBITDA of 12.76× versus 18.66× for the S&P 500, and one‑year returns of +22.4%. Each of the three MLPs shows strong earnings momentum and favorable Zacks ranks, positioning them for continued income and capital appreciation.
UL Solutions Enhances Fire Testing for Large-Scale Battery Projects
UL Solutions announced an upgrade to its large‑scale fire testing for battery energy storage systems (BESS) using the sixth edition of ANSI/CAN/UL 9540A. The new protocol replicates thermal‑runaway events inside full‑size installations, both indoor and outdoor, to observe fire spread, gas...
Convenient AI Fuels Hidden Fossil Infrastructure Expansion
“The logic is circular, but effective. Use drives demand. Demand justifies infrastructure. Infrastructure expands under the cover of inevitability. By the time the physical footprint becomes visible, the narrative has already done its work. For millions of people, that shows...
French Firm Gets More Work with Samsung Heavy Industries for LNG Vessel Pair
Gaztransport & Technigaz (GTT) has secured a new contract with Samsung Heavy Industries to design the cryogenic tanks for two 180,000‑cubic‑metre LNG carriers on behalf of shipowner Celsius Tankers. The vessels will employ GTT’s Mark III Flex membrane containment system and are slated...
Octopus Energy and Lunar Energy Partner to Offer $0-Down Battery-Based Retail Electric Plan in Texas
Octopus Energy USA and Lunar Energy have launched PowerStore, a 36‑month retail electricity plan for Texas homeowners that bundles a 30 kWh battery with an 8 ¢ per‑kWh electricity rate and a $45 monthly subscription. The offering requires no upfront payment and...
Vietnam Offshore Gas EPCIC Awarded to Domestic Player
Vietnam’s state‑owned contractor PetroVietnam Technical Services Corp Mechanical & Construction (PTSC M&C) secured the EPCIC contract for the Su Tu Trang Phase 2B offshore gas project in Block 15‑1. The award marks the second phase of development for the Su Tu Trang field, which aims to boost Vietnam’s...
FranklinWH Batteries Approved for Maine VPP
FranklinWH has been approved to join Maine’s Efficiency Maine Small Battery Program, a virtual power plant that pays homeowners up to $600 per battery each year for supplying stored energy during peak demand. The program, which also includes brands such as...
Well Decommissioning Expanding Horizons for Innovators with Proven Experience
Well de‑commissioning is set to dominate offshore retirement work, accounting for 47% of UK de‑commissioning spend between 2025 and 2034. The UK Continental Shelf cost outlook has risen by £1 billion (≈$1.27 bn) since 2023 and is projected at £12 billion (≈$15 bn) by...
Iran War Winners and Losers: North American Energy
The Iran‑Russia conflict has knocked roughly 13‑17 million barrels per day of Persian Gulf and Russian crude offline, pushing global oil prices higher. U.S. shale production is at record levels but costs $30‑60 per barrel, while Canadian oil‑sands extraction runs $60‑70...
Study: States Approved 90% of Renewable Energy Projects Between 2018 and 2024
A new Frontiers in Sustainable Energy Policy study finds that U.S. states approved roughly 90% of wind and solar project applications between 2018 and 2024. Ohio led the nation in the number of proposals, receiving 61 and rejecting the highest...
Press Publish with Noelle Acheson and Irina Slav
In this episode of Press Publish, host Noelle Acheson chats with energy analyst and Substack writer Irina Slav about her journey from freelance journalism to creating the popular OnEnergy newsletter. Irina explains how writing helps her learn, why she shifted...
UK Solar Generation Hits Record 15 GW as Gas Falls to Historic Low
British solar generation broke 15 GW for the first time on April 23, supplying 42% of the nation’s electricity at its peak. At the same time, gas‑fired plants fell to a historic low of 1.2% of the generation mix, helping the grid...
Enviromena Inks £825m Financing Package to Accelerate 1GW UK Solar Rollout
Enviromena, a Reading‑based solar and battery developer, has secured an £825 million financing package—approximately $1.06 billion—from a consortium of major banks. The funds are earmarked to fast‑track the company’s 1 GW solar pipeline across the United Kingdom. Enviromena claims the deal is one...
ERCOT Sees Demand More Than Quadrupling Current Peak
ERCOT released a preliminary long‑term load forecast showing demand could reach about 367,790 MW by 2032, more than quadrupling the all‑time peak of 85,508 MW recorded in August 2023. The projection reflects Texas’s rapid economic expansion and the growing electricity appetite of...
Electricity Era Dawns as Solar Powers Global Growth
The Great Decoupling: For 100 years, energy meant burning coal, oil, gas. That era is dying. 2025 data shows we have entered the Age of Electricity >Our need for power is growing twice as fast as our need for any other...
Europe’s Hormuz Concern Outpaces US Amid Global Oil Market
Hegseth says Europe needs the Strait of Hormuz more than the US does. Problem is, oil is a global market...
The U.S. Finally Has Two New Nuclear Projects Underway
The United States finally has two commercial nuclear projects breaking ground: Kairos Power’s demonstration reactor in Tennessee and TerraPower’s grid‑scale plant in Wyoming, each slated for completion within four years. Both builds mark the first new reactors in over a...
Urals Crude Dips Below $100, Still Near 2022 Highs
MOSCOW, April 24 (Reuters) - Prices for Russia's flagship Urals crude at its western ports slipped below $100 per barrel late last week, easing from 14-year highs but still at their strongest levels since mid-2022, traders' data and Reuters calculations...
French PR Exec Uses FB Network to Discredit Heat Pumps
REVEALED: A French PR executive with gas industry ties linked to a coordinated Facebook network spreading heat pump misinformation. Always the same playbook: manufacture doubt, delay the transition, protect the incumbents. https://t.co/2361C6GUYY
Gulf NOCs and MODU Operators Look to Contractual Resilience to Ride Out Disruption
The offshore drilling sector in the Gulf faces heightened risk as the Middle East conflict threatens MODU operations, but contractual structures built into long‑term NOC agreements provide resilience. MSI’s Q1 2026 report outlines three scenarios—quick resolution, mid‑term (≈6 months), and long‑term (>6 months)—each...
WTI Crude Slides From $98 to $94 Today
WTI crude oil from near $98 at 6am ET to $94 briefly a moment ago https://t.co/fFM4s4uIt1
Oil Falls, Stocks Rise—Short Oil, Long Stock Puts
December oil down, stocks up. Short oil outright and long puts on stocks. It's okay. https://t.co/faxbvJLoZP
Colombia Reopens Long-Term Energy Contracting with New Renewables Auction
Colombia’s Ministry of Mines and Energy has reopened long‑term electricity contracting with a 15‑year auction that targets solar, hybrid and battery storage projects. Contracts must be awarded by July 31 2026, with delivery obligations beginning Jan 1 2030 (or 2035 for an optional 24‑hour...
Oil Markets Heed Flows, Not Rhetoric, for Relief
The market isn’t listening to rhetoric anymore. It’s watching flows. Until there’s real change on the water—more barrels moving, not fewer—tightness persists. Talk doesn’t ease supply. Only flows do. #OilMarkets #CrudeOil #Hormuz #EnergyCrisis #Shipping https://t.co/JfaJv5JqX3
Data Centers Turn to Off‑grid Gas and Battery Power
In their quest for power, data centers are building gas and battery power off the grid. https://t.co/AvjZH2VvrA
NTD News Segment: Why Gasoline Prices Are Lower in America Than Europe
American drivers pay less than half the price Europeans pay for gasoline, even after recent Middle East‑related spikes. The primary driver is the stark tax disparity: Europe imposes roughly $3‑$4 per gallon in fuel taxes, while most U.S. states levy...
Amazon-Backed X‑Energy Secures $1.02 B IPO
Speaking of IPOs for exciting energy startups... Amazon-Backed Nuclear Firm X-Energy Raises $1.02 Billion in IPO https://t.co/K59eZ3ztTF
Oil Futures Liquidity Vanishes After December 2026
"The back end of the curve is lying to us," says @Bob_McNally No. You’re reading noise. There’s barely any liquidity past Dec ’26—and none beyond ’27. Just because you don't understand the curve, doesn't mean it's lying #OilMarkets #Brent #Futures #EnergyCrisis #Liquidity https://t.co/PQM1225W1s
117 Years of Oil & Gas Capex
Western oil and gas companies are projected to hit their highest capital‑expenditure growth this year, after which spending will taper off through the remainder of the decade, according to consensus forecasts. A five‑year moving‑average view smooths out the 2022 surge,...
Kyodo News Digest: April 24, 2026
Japan announced the release of an additional 20 days of strategic oil reserves from May 1, extending a March‑initiated 50‑day drawdown to cushion supply risks from the Strait of Hormuz. The government is also weighing a trade‑minister visit to China for...
China Plans to Invest Billions on a Robot Army to Run Its Power Grid
China's State Grid Corporation has earmarked 6.8 billion yuan (about $1 billion) for AI‑enabled robots in 2026, targeting the purchase of roughly 8,500 units. The rollout will feature 5,000 robot dogs for remote substation and line inspections, plus humanoid and dual‑arm robots...
Drillship Arrives in Namibia for Potential Two-Well Campaign
Saipem's 12,000‑ton drillship arrived in Walvis Bay, Namibia, marking the company's latest deployment in Africa's emerging offshore sector. The vessel is slated to support Rhino Resources' planned two‑well exploration campaign targeting the country's offshore basins. The arrival underscores growing interest...
Study: Public EV Charging Now Cheaper than Petrol or Diesel for Most Drivers
A new analysis shows that charging an electric vehicle on the public network is now cheaper than fueling a petrol or diesel car in almost every scenario. The cost advantage peaked in May 2024 as oil prices surged following geopolitical...
Export Collapse Boosts US/Canada Prices, yet Halts Risk Oversupply
As Persian Gulf and Russian exports collapse, global prices will rise, which should benefit the U.S. and Canada. However, if exports are halted to keep gasoline prices down, then North America would become oversupplied. Full Newsletter: https://t.co/9vsV5HAcmy https://t.co/34b7yklfSr
New JV Targets Deepwater Exploration in Guinea-Bissau Offshore Blocks
PetroGuin and Tender Oil and Gas have signed a joint venture to explore offshore Blocks 5C and 6C in Guinea‑Bissau. The agreement, announced at the Invest in African Energy Forum in Paris, includes a full 2D and 3D seismic campaign to improve...
Dallas Fed: Executives See Prolonged Hormuz Disruption, Modest U.S. Supply Gains
Oil and gas executives surveyed by the Dallas Fed expect the Strait of Hormuz disruption to persist for months, with 39% forecasting a return to normal shipping only by August and many seeing risk extending into late 2026. They anticipate...
Oil Majors Boost Exploration as 300-Billion-Barrel Supply Gap Looms
Major oil companies are ramping up ultra‑deepwater and frontier exploration as Wood Mackenzie warns of a 300‑billion‑barrel supply gap by 2050. Existing fields are projected to decline 40% between 2025 and 2040, leaving only about 700 billion barrels from current and...
Materials Engineering Gaps Threaten Africa’s Renewable Energy Payoffs
Africa’s solar market is expanding rapidly, accounting for 50‑60% of global renewable growth despite representing only 2% of installed capacity. However, mid‑scale projects are falling short of financial expectations, delivering 5‑8% returns versus the modeled 8‑15% due to high temperatures...
EU Bans Funding for Energy Projects Using Chinese Inverters—Will It Move the Needle on Cybersecurity?
The European Commission has barred EU financing for energy projects that use inverters sourced from "high‑risk" nations, chiefly China, as well as Russia, Iran and North Korea. The prohibition applies to all EU funding instruments, including the European Investment Bank,...
France Streamlines Renewables Environmental Permitting with New Provisions
France issued a decree on April 22 to accelerate appeals for strategic environmental projects, especially large‑scale renewables. The new rules let challengers file directly with the territorial administrative court of appeal, which will issue a final decision, with only a cassation...
EU’s 20th Sanctions Batch Tightens Grip on Russia’s Oil, Gas, LNG and Shadow Fleet Spheres with 632 Vessels Blacklisted
The European Union adopted its 20th sanctions package against Russia, blacklisting 632 vessels linked to the shadow fleet and adding 120 individuals and entities to the freeze list. The measures introduce a new anti‑circumvention tool, tighten controls on oil, gas...
DTE Energy Seeks $474 Million Electric Rate Hike, Michigan's Biggest Since 2019
Detroit‑based DTE Energy announced a $474.3 million request to raise electric rates before the Michigan Public Service Commission, its biggest hike in six years. The utility says data‑center contracts will fund grid upgrades and forestall further hikes until at least 2028.
ROUNDUP: IPPs BrightNight, Lydian Acquire US Portfolios, ILOS Projects Upsizes European Credit Facility
BrightNight has bought out Cordelio Power’s stake, taking full ownership of a 6 GW development portfolio in the western United States and retaining four operating assets, including the 300 MW Box Canyon solar farm and the 200 MW Greenwater battery. Lydian Energy acquired...
‘It’s a Tightrope’: Why Europe Faces a China Dilemma over Its Wind Power Drive
European wind firms gathered in Madrid amid a surge in demand for clean power, yet Chinese exhibitors were conspicuously absent. Policymakers are wrestling with a dilemma: prioritize "Made in Europe" production to protect jobs, or rely on cheaper Chinese components...
The Strait of Hormuz Energy Crisis Shows the EU’s Carbon Pricing Is the Right Approach
Recent closure of the Strait of Hormuz has driven up global energy prices, forcing Europe to spend an additional €24 billion (about $26 billion) on fossil fuel imports. In response, the European Commission unveiled the AccelerateEU package, a set of non‑binding short‑term...
Copper Supply Squeeze Deepens, Threatening Auto and Tech Makers
New data from analysts and miners shows the global copper gap widening to a 10 million‑metric‑ton shortfall by 2040, with 2026 deficits already exceeding 400,000 tons. The squeeze is pushing prices toward $12,650 per ton and forcing automotive, electronics and renewable‑energy manufacturers...
Egypt Launches Green Aviation Strategy, Engages Advisors for SAF and Digital Overhaul
Egypt’s civil aviation ministry announced a comprehensive green aviation roadmap that adds 34 new aircraft, builds a solar‑powered Terminal 4, studies domestic SAF production and rolls out a digital passport system. Officials said external advisory support will be key to delivering...
ABB's New DC Fast Charger Goes Into Megawatt Territory
ABB E‑Mobility introduced the OM M‑Series power cabinet, a modular DC fast‑charging system capable of delivering up to 1.2 MW to a single electric vehicle or sharing that power across 24 cars. The cabinet achieves an industry‑leading power density of 625 kW...
Supreme Court Rules for Michigan in Its Fight to Shut Down an Aging Energy Pipeline
The U.S. Supreme Court ruled that Michigan’s lawsuit to shut down Enbridge’s Line 5 segment under the Straits of Mackinac will remain in state court, rejecting the company’s attempt to move the case to federal jurisdiction. Justice Sotomayor wrote that Enbridge...
Njord Survey Inks Equinor Pipeline Inspection Deal in Europe
Njord Survey secured a three‑year framework agreement with Equinor to conduct pipeline inspection and integrity work across European waters, with an optional one‑year extension. The contract covers geophysical surveys and offshore vessel operations, emphasizing high‑resolution data collection. Njord will execute...