Today's Energy Pulse
Scania pilots vehicle‑to‑grid power for heavy‑duty electric trucks
Scania showcased one of the first V2G systems for heavy‑duty electric trucks using the Megawatt Charging System (MCS). The pilot demonstrated bi‑directional power flow, letting trucks feed stored electricity back to the grid while parked, with real‑time communication enabling dynamic charging and discharging. The company also opened orders for trucks equipped with an extra battery pack and MCS.
Also developing:
Will Fusion Power Get Cheap? Don’t Count on It.
Fusion power promises a steady, zero‑emission electricity source, but a new Nature Energy study warns its cost may not fall quickly. Researchers estimated fusion’s experience rate—the cost decline per capacity doubling—at only 2% to 8%, far slower than solar (23%) or lithium‑ion batteries (20%). The modest rate reflects fusion’s large scale, high design complexity, and moderate customization needs. Consequently, even with billions in U.S. public and private funding, fusion‑generated electricity could remain expensive for decades.
IEA Aids Market Stability Amid Global Energy Disruptions
Valuable discussion with Germany's Minister of Economic Affairs & Energy Katherina Reiche on the disruptions in international energy markets We spoke about the @IEA's efforts to support market stability – and the availability of refined oil products in Europe & internationally...
Cameco: The Uranium Powerhouse I'd Buy on Every Dip and Hold Through Any Energy Shock
Cameco, the largest North American uranium miner, owns high‑grade assets at McArthur River and Cigar Lake and holds a 49% stake in Westinghouse Electric. The company stands to benefit from the U.S. shift away from Russian uranium and the planned...
Solar Beats Wind for First Time Ever After 'Unprecedented' Growth
In 2025 solar power generated 2,778 TWh, overtaking wind’s 2,715 TWh for the first time, while renewables collectively supplied 10.7 TWh—just ahead of coal’s 10.5 TWh. The surge was driven largely by a massive Chinese photovoltaic expansion that accounted for more than half of...
DHL Achieves 10% SAF Blending Ratio in 2025
DHL reported that its own aircraft reached a 10% Sustainable Aviation Fuel (SAF) blending ratio in 2025, the highest level in years. The German logistics firm aims to lift SAF usage to 30% of its air transport fuel by 2030....
Vestas CEO Warns of 'Real Killers and Poison' To Offshore Wind in Impassioned Remarks
Vestas chief executive Henrik Andersen used the WindEurope summit in Madrid to warn that offshore wind faces several "real killers and poison," including supply‑chain bottlenecks, soaring steel prices and regulatory uncertainty. He highlighted the geopolitical fallout from the Iran energy...
UK Energy Sec Says North Sea Is an 'Important Resource'
UK Energy Secretary Ed Miliband reaffirmed the North Sea as a vital domestic energy resource, announcing the rollout of Transitional Energy Certificates (TECs) to enable continued production in existing fields. The government’s North Sea Future Plan bans new oil and...
Russia's Fuel Oil Exports to Saudi Arabia Surge 18%
MOSCOW, April 23 (Reuters) - Russia's seaborne exports of fuel oil and vacuum gasoil (VGO) to Saudi Arabia jumped 18% in March from February to 1 million metric tons as soaring oil prices driven by the Iran war reshaped flows,...
Can India’s Kitchens Go Electric?
India has distributed over 100 million LPG connections between 2016 and 2024, creating one of the world’s largest clean‑cooking rollouts. Yet 37 % of households still stack biomass with LPG because of high refill costs, unreliable delivery and limited affordability. By FY 2024,...
German Chancellor and IEA Discuss War‑driven Energy Risks
Productive bilateral meeting with Chancellor Friedrich Merz of Germany @bundeskanzler in Berlin We discussed the impacts of the Middle East war on energy markets & economies; @IEA's response to counter supply disruptions; & how to boost industrial competitiveness in this context...
Dutch Wave Energy Converter for ‘Very Small Sea States’ Begins Testing
Dutch firm Wave Energy Collective (Weco) has begun field testing its Denshi wave energy converter in the Netherlands. The device is engineered to generate electricity in very small sea states, delivering baseload power from the ocean. Denshi can be launched...
Molecular Engineering Pushes PTAA Perovskite Solar Cell Efficiency Past 26 Percent
Researchers from Dalian University of Technology, Fudan University and City University of Hong Kong used a molecular‑engineering strategy to push PTAA‑based perovskite solar cells to a record 26.13% efficiency while maintaining 84.9% of performance after 1,000 hours of ISOS‑L‑2 stress. The...
Sungkyunkwan University and Clarivate Map Global Research Landscape of Perovskite Solar Cells
Sungkyunkwan University and data firm Clarivate released a report mapping the rapid rise of perovskite solar‑cell research since the 2012 breakthrough at SKKU. The analysis, based on Web of Science data, shows China, the United States and South Korea dominate...
Renewables Are Shining. The Iran War Amplifies Their Appeal
The Iran‑Gulf conflict is reshaping global energy dynamics, giving a surprising boost to renewable power, especially solar. While coal is touted as a short‑term winner, the potential closure of the Strait of Hormuz threatens LNG supplies, prompting governments to accelerate...
EU Risks Fallout with US over Trump-Linked Balkans Pipeline Plan
The European Union has moved to block Bosnia and Herzegovina from awarding a $1.5 bn Southern Interconnection pipeline contract to AAFS Infrastructure and Energy, a Wyoming firm fronted by Donald Trump’s personal lawyer and other campaign allies. The pipeline, intended to...
Oil Shock May Push up Electricity Costs in India, Renewables Seen as Key to Energy Security: Report
A new ISI Markets report warns that a global oil supply shock could lift electricity tariffs in India, as power prices have historically tracked fossil‑fuel costs. With coal still supplying about 70% of generation, rising oil and coal prices would...
India’s Richest State Is Said to Prepare for Power Utility IPO
Maharashtra, India’s wealthiest state, is preparing an initial public offering for its power distribution arm, Maharashtra State Electricity Distribution Co. (MSLED). The IPO, being structured with SBI Capital and Deloitte, could raise between $500 million and $1 billion. The proceeds are expected...
Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline
The U.S.–Israeli war with Iran has sharply limited diesel supplies, pushing the fuel’s price up about 45 percent since late February—well ahead of gasoline’s 35 percent rise. The Energy Information Administration expects diesel to exceed $5.80 per gallon, while gasoline hovers near...
Anaergia Secures C$8 Million Contract With Vanguard Renewables for Fourth Anaerobic Digestion Deployment
Canadian waste‑to‑energy firm Anaergia has secured an approximately $5.9 million contract with U.S. partner Vanguard Renewables to build a fourth anaerobic digestion facility in Minnesota. The deal includes Anaergia’s full suite of technologies—process design, proprietary permanent synchronous magnet mixers, and the...
Cuts to Renewable Energy Research in Energy Department’s Budget Irk Senate Democrats
The Energy Department’s FY 2027 budget proposal slashes renewable‑energy research by 16.5% to $12.5 billion while earmarking $3.5 billion for a new Baseload Power program that upgrades retiring coal plants. It also creates a $1.2 billion AI and Quantum initiative and eliminates more than...
How the Iran War Has Stoked Competition Between India and China for Russian Oil
India and China are now locked in a tight race for Russian crude, each securing roughly 1.6 million barrels per day in April. The competition intensified after Iranian attacks disrupted Gulf supplies and the U.S. renewed a waiver allowing sanctioned Russian...
Cutting Demand, Not Just Supply, Solves Energy Crisis
Was on @France24_en last night discussing the energy crisis and the scramble for alternatives to Gulf oil. My take: supply substitution alone won't cut it. The only durable answer is fossil fuel demand reduction. https://t.co/JO1XUPfYB2
Five Things to Know About Nova Scotia’s Plans to Develop Onshore Natural Gas
Nova Scotia has launched a public‑consultation process to revive on‑shore natural‑gas exploration, overturning a decade‑long fracking ban. The province allocated a $30 million CAD (≈$22 million USD) research program, administered by Dalhousie University, to study an estimated 198 billion cubic metres of gas...
Evren Secures US$600 Million to Develop 1GW Hybrid FDRE Portfolio in India
Evren, the Brookfield‑backed Indian renewable developer, has secured $600 million in financing to build a 1 GW hybrid firm‑and‑dispatchable renewable energy (FDRE) portfolio in Andhra Pradesh and Rajasthan. The project will blend solar, wind and battery storage to deliver round‑the‑clock power and...
The Public Are Ahead of Their Politicians on Heat Pumps
Public opinion in the UK is outpacing politicians on the transition to zero‑carbon heating, with 58% backing all new heating systems to be carbon‑free by 2035 and half supporting a boiler phase‑out. While the Conservative government initially pledged a 2035...
Firm Selected to Decommission Wells at North Sea Field Inaugurated in 1975
Aberdeen‑based Well‑Safe Solutions has secured a multi‑year contract with Apache North Sea Limited to decommission the historic Forties oil field in the North Sea. The award covers platform and subsea well engineering, project management and offshore delivery, with work slated...
Europe Energy Week Highlights Critical Resilience Shift
Europe’s energy and industrial systems are entering a critical phase. #EuropeEnergyWeek has just been announced, bringing energy and industry together as resilience and long-term competitiveness become essential. Info: https://t.co/KUhjRUvbdc #HannoverMesse @EEWeek partner. https://t.co/CnR3uAQGpr
Firebird Battery Making Tech Gets $2M ARENA Grant
Firebird, an Australian battery‑technology startup, received a $2 million grant from the Australian Renewable Energy Agency (ARENA) to build a demonstration plant for its novel process that converts manganese ore directly into high‑purity manganese sulphate monohydrate, a key cathode precursor. By...
What Would a Permanent ‘Tehran’s Tollbooth’ on Oil Mean for the World?
Iran’s peace plan proposes a $2 million toll per tanker—about $1 per barrel—for ships transiting the Strait of Hormuz. The charge would add roughly $7 billion a year to global oil costs and could keep Brent crude near $100 per barrel through...
Canadian Energy Sector Outlook Brightens as Growth Ambitions Accelerate
The ATB Cormark Capital Markets spring 2026 survey shows a markedly brighter outlook for Canada’s energy sector. Ninety‑five percent of exploration and production firms expect output to rise, with oil and gas producers targeting roughly 6% growth. Investor confidence has...
The ‘Age of Electricity’ Is Here. No One Knows What Comes Next.
The International Energy Agency and Ember report that 2025 was a watershed year for renewable energy, with solar becoming the largest electricity source and renewables surpassing coal for the first time in a century. China and India drove the shift,...
Kindle Energy Starts Construction on $1.2bn Wolf Summit Energy Project
Kindle Energy has broken ground on the Wolf Summit Energy project, a 600 MW combined‑cycle gas turbine plant in Harrison County, West Virginia. The $1.2 bn development is being built with Blackstone Energy Transition Partners and will use GE Vernova’s advanced natural‑gas technology....
New TAFE Centre of Excellence to Deliver Renewable Energy Training Nationwide
The Victorian Government, together with the federal Albanese administration, is investing $50 million Australian (≈$33 million USD) to launch a Renewable Energy TAFE Centre of Excellence in Morwell, Gippsland. The hub will anchor a national training network covering smart grids, energy networks and...
Stock Market Today: Oil Rises as Hormuz Impasse Drags On
Oil prices extended gains for a fourth day, with Brent crude trading above $103 a barrel as the stalemate in the Strait of Hormuz fuels supply worries. Traders cite the lack of progress in U.S.-Iran diplomacy and near‑standstill traffic through...
An Ohio Court May OK Fracking-Waste Wells Despite Pollution Concerns
A Franklin County Court of Appeals magistrate has recommended dismissing a lawsuit filed by Buckeye Environmental Network that challenges two fracking‑waste injection wells proposed by DeepRock Disposal Solutions in Washington County, Ohio. The court reasoned the state had no clear...
San Francisco Helps Home Child Care Centers Wean Off Gas
San Francisco’s Environment Department has launched a $300,000 pilot to replace gas water heaters with electric heat‑pump units at up to 30 home‑based child‑care centers in low‑income neighborhoods. The program, funded by a Clean California Quick Start Grant and administered...
UK Launches £1.1bn Fund for Asia Energy Transition
The UK’s development finance institution creates a £1.1 billion fund to back energy transition sectors in India and Southeast Asia https://t.co/1JpgOa9ZGQ
Panama Canal Prices Surge as Iran War Disrupts Strait of Hormuz — Why Oil Shipping Costs Are Soaring
The Iran‑Israel conflict has crippled traffic through the Strait of Hormuz, prompting Asian refiners to seek U.S. Gulf Coast crude via the Panama Canal. Auction bids for canal slots have surged to an average of $837,500, with some offers reaching...
Fred. Olsen Seawind to Take Full Control of Muir Mhòr Wind Project
Fred. Olsen Seawind has agreed to purchase Vattenfall’s 50 % stake in the 1 GW Muir Mhòr floating offshore wind project off Scotland’s Aberdeenshire coast, giving it full ownership. The project, granted seabed rights in 2022, targets early‑2030s commercial generation pending regulatory approvals....
ENFR Can See Substantial Growth Driven By Global Gas Demand
ALPS Alerian Energy Infrastructure ETF (ENFR) earned a Buy rating, offering investors diversified exposure to U.S. oil and gas mid‑stream operators. The fund benefits from rising domestic electricity demand—fuelled by data‑center expansion and a broader re‑industrialization push—and from international gas‑supply...
Saipem Poised for Middle East Repair Work After Iran War
Italy’s Saipem is positioning itself to capture post‑Iran‑war repair contracts across the Middle East, where Rystad Energy estimates a $58 billion reconstruction bill, including $50 billion for oil‑gas facilities. CEO Alessandro Puliti highlighted the firm’s long‑standing relationships and prior plant construction as...
Equinor and Vaar Team up for 'New Concept' Exploration Well
Equinor and Vaar Energi announced plans to drill the Lakris prospect, a large‑scale exploration well in the Norwegian Sea, slated for the third quarter of 2026. The well has been labeled a “new concept” or high‑impact project, reflecting its potential...
Unused $2 Bn Bataan Nuclear Plant Still Haunts Philippines
Pictures of Bataan Nuclear Plant in the Philippines. Spent USD2bn and never turned it on. Yes, never. They are still paying the foreign debt on this now. This plant doesn't look too different from the one I visited in Shenzhen...
EU Weighs Dropping Arctic Drilling Opposition
The European Union is reportedly re‑examining its long‑standing opposition to new oil and gas drilling in the Arctic, a stance it has championed since 2021. Internal documents and multiple sources suggest the EU may abandon the proposed international ban, citing...
AccelerateEU ‘Emergency Toolbox’ Policy on Fossil Fuel Dependence Falls Short on Energy Storage, Trade Groups Say
The European Commission unveiled AccelerateEU, an emergency toolbox aimed at curbing EU fossil‑fuel dependence after an extra €24 billion (US$28.09 billion) was spent on imports in the first 50 days of the latest Middle East conflict. The plan sets a bloc‑wide electrification target,...
Wind Power Reaches 1.3TW as Record 165GW Installed in 2025
The Global Wind Energy Council’s 2025 Global Wind Report shows a record 165 GW of new wind capacity installed, a 40% jump over the previous record year. Global wind capacity now totals roughly 1.3 TW across 138 countries, underscoring wind’s evolution into...
LHM Transforms Botswana Mine House as FATs Due
LH Marthinusen (LHM), a division of Actom, has finished manufacturing two 30 MVA high‑voltage transformers for a mining house in Botswana. The delivery comes after the existing power infrastructure proved insufficient for the mine’s growing energy needs. LHM’s engineered transformers are...
Gabon Sees PSC Deals with BP, ExxonMobil in Six Months
Gabon’s oil and gas minister announced that the country expects to sign production‑sharing contracts with BP and Exxon Mobil within four to six months. Both majors have already signed non‑binding preliminary agreements to explore offshore blocks along Gabon’s Atlantic coast. The...
Curious Timing: Ukraine Declares Druzhba Pipeline Repaired After New Hungarian PM Elected
Ukraine announced on Tuesday that it has completed repairs to the Druzhba oil pipeline, allowing Russian crude to flow again to Hungary and Slovakia. The restoration comes just days after Peter Magyar was elected prime minister of Hungary, ending Viktor...
US House Passes Build More Hydro Bill
The U.S. House approved the Build More Hydro bill (S.1020) with a 394‑14 vote, following Senate passage, and now awaits President Trump’s signature. The legislation lets the Federal Energy Regulatory Commission extend construction deadlines for licensed hydropower projects approved before...