
Flex to acquire Electrical Power Products for $1.1 billion
Flex Ltd. announced a definitive agreement to buy Electrical Power Products for about $1.1B in cash. The acquisition adds roughly $323M of annual revenue and delivers a mid‑to‑high‑teens EBITDA margin. Flex expects the transaction to be accretive to adjusted earnings per share in the first full fiscal year after closing.
U.S. electricity demand is surging, driven by data centers and electrification, but transmission construction has stalled, dropping from 1,700 miles per year (2010‑14) to just 350 miles (2020‑23). The report identifies four key barriers—cumbersome permitting, aging infrastructure costs, siloed utility planning, and supply‑chain constraints—impeding grid expansion. It outlines actions such as coordinated regional planning, streamlined permitting, advanced transmission technologies, demand‑response programs, innovative financing, and diversified material supply chains. Implementing these measures could generate multiple‑times savings and alleviate the $20.8 billion congestion cost borne by consumers.
Since Turkey’s 2016 energy policy, the country has transformed from a pipeline‑dependent gas importer to a diversified market anchored by rapid LNG expansion. Regasification capacity rose fivefold to 150 million cubic metres per day, driven by a fleet of FSRUs that...

British renewable contractor Aventus Energy has been awarded a year‑long, multi‑million‑pound contract by Inch Cape Offshore to complete foundation activities for the 1 GW Inch Cape offshore wind farm off the Angus coast. The work, the largest single award for Aventus to date,...

Researchers at the University of Edinburgh used natural isotopic fingerprints to verify that CO₂ injected at Iceland’s Carbfix site permanently mineralises into solid carbonate minerals within basaltic rock. The method tracks the gas without adding artificial tracers, offering a low‑intervention...

U.S. diesel prices jumped 10 cents to $3.809 per gallon for the week ending Feb. 23, with the Midwest posting the steepest regional rise of 13 cents. The West Coast continues to lead in absolute cost, averaging $4.465. By contrast, gasoline...

Wood Mackenzie warns global lithium demand could exceed 13 Mt LCE by 2050 under an accelerated net‑zero transition. Without new investment, supply deficits could appear as early as 2028, with gaps widening to 8.5 Mt LCE by 2050. Electric vehicles account for...

The UK National Energy System Operator (NESO) concluded its second‑round Stability Market auction without awarding any contracts to grid‑forming battery energy storage systems (BESS). Synchronous condensers and open‑cycle gas turbines secured 7.3 GVAs of contracts, while all BESS proposals failed the...

On March 3, 2026, coordinated U.S. and Israeli airstrikes continued to degrade Iranian command, missile and naval infrastructure while collateral damage caused civilian casualties. Major marine reinsurers issued 72‑hour war‑risk cancellation notices for the Persian Gulf and adjacent waters, effective March 5,...
Gas loadings continue in Iran despite Hormuz halt ▶️At least three gas carriers seen in Iranian LPG terminals on Monday ▶️An IRGC commander reportedly threatened in a televised speech to ‘set fire’ to ships passing the Strait of Hormuz ▶️LPG shadow fleet gas...
Efficacy of such a move @chigrl ? Aramco Explores Plan to Export Oil Via Red Sea to Avoid Hormuz The world’s biggest oil exporter has a 5M barrel-a-day pipeline that runs across the country which can transport oil from fields in the...
Austrian firm Accupower has launched Natec Home, a residential sodium‑ion battery offering 7.68 kWh capacity, 3.8 kW power output, and a €3,990 price comparable to lithium systems. It operates from –30 °C to 50 °C, holds an IP65 rating, and can be paralleled up...
Utility electricity rates in the U.S. have risen faster than inflation since 2022, driven primarily by higher natural‑gas prices, pandemic‑induced residential demand, and under‑invested transmission infrastructure. While data centers add load in specific markets, they do not align with the...
Global Energy Monitor reports that oil and gas projects now require an average of 15.1 years from discovery to production, roughly three times the 4.9‑year pace of the 1960‑80 peak era. The longest lead times appeared between 2010 and 2020,...

Chinese energy‑storage firms posted mixed 2025 results, with HyperStrong leading a 40% revenue surge and a 46% profit jump. Pylontech saw revenue jump 57% and profit double, yet operating margins fell sharply amid fierce competition. GoodWe returned to profitability thanks...

The Production Engineering of E‑Mobility Components (PEM) chair at RWTH Aachen launched the three‑year DigHy project, backed by €1.1 million from Germany’s Federal Ministry for Research, Technology and Space. The initiative aims to build a digital, scalable hydrogen infrastructure for the...

Schletter Group installed its FS Duo steel mounting system at a 96 MWp solar PV farm near Udine, Italy, deploying 156,700 modules. The two‑post design stacks three modules vertically, boosting land‑use efficiency while delivering high structural stability. Driven hot‑dip galvanized steel...
U.S. and Israeli strikes prompted Iran’s Revolutionary Guard to announce a closure of the Strait of Hormuz, one of the world’s most vital oil chokepoints. The move threatens to halt commercial traffic, immediately spiking crude prices and prompting insurers to...

The U.S.-Israel-Iran conflict has triggered the largest oil price jump in four years as the Strait of Hormuz effectively shut, sending crude markets into turmoil. Inflation concerns now dominate Treasury trading, pushing the 10‑year yield above 4% and raising mortgage‑rate...

Toyota and Stellantis announced they will leave the EU‑wide “Tesla CO₂ pool” starting in 2026, removing two of Tesla’s biggest financial contributors. The pool lets manufacturers pool emissions to meet EU targets, with high‑EV makers offsetting higher‑emission brands. Toyota expects...

Wind turbines sited on agricultural land occupy a modest 15‑25 metre concrete base, leaving the majority of the field available for crops or livestock. UK planning rules require acoustic assessments, and measured noise typically matches rural background levels. Ecological surveys and...

Analysts at S&P Global warn that the U.S.-Israel conflict with Iran could cause the largest oil‑supply disruption ever if tanker traffic through the Strait of Hormuz collapses. Recent data show only five tankers transited on March 1 versus the usual 60,...

EUROPE has depleted its gas inventories faster than average this winter in the expectation there would plenty of LNG to refill them over the coming summer. EU storage sites are on average just 30% full down from more than 82%...
Asia is weak, oil is ripping, we're in a fast market right now on The Morning Show https://t.co/jn2RN28AFk
Researchers have developed a sandwich‑structured thermochromic smart coating that visually signals friction‑induced heating on offshore steel cables by fading from blue to colorless. The coating incorporates silica‑encapsulated TC@SiO2 microcapsules between polyurea and epoxy layers, delivering a wear rate of 5.86 × 10⁻⁵ mm³·N⁻¹·m⁻¹...

How much might SAF add to airline passenger ticket flights? We crunch the numbers #avgeek #RAeSCommercialAviationSummit #RAeSCivilAviationWeek https://t.co/xzQcwe0vS3 https://t.co/855NGDNbgM

📌 A reminder: Most of the gas Europe imports is used for heat - to warm our buildings and to provide process heat in industry. Only around 20% of gas is used to generate electricity. https://t.co/31yV3zzXKL
Researchers demonstrated a solvent‑assisted steam reforming process that converts low‑density polyethylene into hydrogen using a 20 wt % Ni–Co/Al₂O₃–ZrO₂ nanocatalyst. By dispersing LDPE in ethylene glycol, the method achieved 95 % feed conversion and a 92.7 % hydrogen yield under optimal conditions (S/C 9, 500 °C,...

The Brent oil price is now up a stunning 14% from Friday and we're starting to see disorderly strengthening in the Dollar as the global risk-off builds. Even gold is down versus the Dollar at this point. This is a...
Ukraine is under pressure to let the EU inspect a damaged pipeline carrying Russian oil to Hungary and Slovakia, as the pro-Kremlin countries accuse Kyiv of overstating the impact of a Russian attack. https://t.co/FChmxjyqus

At Posidonia 2026, CORE POWER will host a high‑level executive briefing on civil maritime nuclear propulsion, signaling a shift from theoretical debate to concrete industry engagement. Leaders from shipping, finance, ports and energy will discuss fourth‑generation molten‑salt reactors that could...
Middle East ports operational update: Tuesday March 3: No internationally recognised legal closure of the Strait of Hormuz https://t.co/iXWbXlmInn
What level does crude have to trade below for SPX to go green on the day

Greenvolt Power and Danish trader Reel have formed a strategic partnership to optimise the 157 MW Høegholm hybrid solar‑and‑battery project in Denmark. The site combines 97.36 MW of PV with a 60 MW/120 MWh battery storage system, slated for PV commissioning in Q1 2026 and...

Here is the latest 7-day rolling number from the Strait of Hormuz. Impacted? Yes. Closed? No. https://t.co/paTmzStHh6

Crude Oil prices are at about the mid-point of a 20-year range $150 Crude is NOT NOT out of the question for 2026 With Gavin in power in California, $10 per gal gas is within sight All for homeless tents under every bridge...
Researchers grafted ethylenediamine onto the pyrazole‑based MOF‑303 via pyrazole deprotonation, creating the amine‑functionalized MOF‑303#EDA. The material captures 0.71 mmol g⁻¹ CO₂ at 298 K and 450 ppm, and reaches 2.5 mmol g⁻¹ at 0.15 bar. Breakthrough experiments demonstrate stable cyclic performance, confirming its suitability for point‑source capture....
Everyone assuming the Oil move is inflationary. An Oil spike historically more often than not precedes equity tail events and economic recessions. Why? Speed of Oil move is deflationary shock.

Energy crunch risks the BOE missing its inflation target for another year https://t.co/FWCJnvjnZJ via @tomelleryrees https://t.co/zZtUBjDKCz

Arabian Drilling has reactivated two previously recalled rigs and launched its first international offshore contract within the GCC. The offshore fleet utilization now stands at 91% and total fleet utilization at 82%, with a third land rig entering service on...

Rock Tech Lithium and Siemens have signed a non‑binding MOU to replicate the German lithium‑conversion plant in Canada’s Red Rock, Ontario. The German facility, under construction in Guben, will produce 24,000 tonnes of battery‑grade lithium hydroxide annually, while the Canadian version targets...

Ocean Winds, the 50‑50 joint venture of EDPR and ENGIE, has signed a lease with The Crown Estate for a floating offshore wind site in the Celtic Sea, marking the third Round 5 lease awarded. The development is planned in phases...

Looking forward to speaking at @_InterBattery in Seoul next week 🇰🇷. Will present CES data on the real lifecycle of batteries🔋♻️– and what it means for carbon footprint, residual value, and the future supply of recycled materials. Reach out if attending and...
Researchers introduced an atomically ordered RuGa intermetallic that deliberately disrupts ruthenium’s geometric symmetry, weakening its hydrogen binding strength. This geometric engineering yields a catalyst that outperforms conventional Ru/C in both hydrogen oxidation (HOR) and evolution (HER), delivering a 1.02 mA cm⁻² exchange...

GE Vernova is allocating roughly $30 million to expand its Sesto San Giovanni, Italy, manufacturing hub, adding about 50 new jobs. The upgrade will introduce additional production lines for advanced dry‑type bushings, including resin‑impregnated paper and synthetic technologies, capable of handling voltages up...

From mini-grids in Nigeria to grid upgrades in Zambia #Mission300 is delivering results across #Africa to reach our goal of connecting 300M people to electricity by 2030. Mission 300 is #PoweringAfrica and we’ve already helped connect nearly 39 million. https://t.co/YG3s3MHusm https://t.co/0DjS3v3XTI

The episode analyzes how the escalating Iran‑Israel conflict is triggering a fresh energy crisis, especially in Europe, where gas spot prices have surged 70% and oil is trading above $80 per barrel. Hosts discuss market reactions: a brief rally in...

The United States and Israel have launched a military strike on Iran, prompting analysts to model two outcomes: a swift conflict that keeps oil prices near a baseline of $80 per barrel, and a drawn‑out war that could push prices...

Eku Energy warned that Australia’s National Electricity Market (NEM) must redesign its rules to fully integrate large‑scale energy storage. The utility highlighted bottlenecks in price signals, scarcity pricing, and ancillary service markets that discourage storage investment. It called for clearer...

Australia’s Cheaper Home Batteries Program has crossed the 250,000‑installation milestone, delivering roughly 6.3 GWh of distributed storage across homes, small businesses and community sites. Launched in July 2025, the scheme offers about a 30 % upfront rebate via the Small‑scale Technology Certificate mechanism....

John Reilly, head of renewables at Bord na Móna, warned that rising dispatch‑down levels are forcing about 30 % curtailment on Irish on‑shore wind sites, weakening the business case for new projects. The de‑commissioning of the 6.5 MW Bellacorick farm clears the...