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 $164M Alaska lease package
![Does that Use a Lot of Energy? [Update]](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://substackcdn.com/image/fetch/$s_!-zaI!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4c8580da-7d05-440a-af86-1252c027606b_1024x1024.png)
A prototype web tool now lets users compare the energy use of everyday products and activities, turning raw watt‑hour data into intuitive visualizations. Recent updates, driven by extensive community feedback, add rough energy‑cost equivalents for several countries, making the information more relatable. The tool remains intentionally simple, avoiding overly complex variables while still highlighting high‑impact choices like heat‑pump upgrades over minor habit changes. It is open‑source, free to use, and encourages further input for continual improvement.
The New South Wales government has extended the development consent for the Dartbrook thermal coal mine by six years, now running until 5 December 2033. The extension secures the mine’s 6 Mtpa coal handling and preparation plant (CHPP) operations. The decision arrives amid...
Greg Abel, the new CEO of Berkshire Hathaway, used his first shareholder letter to stress rising electricity demand and wildfire threats, while declaring the CEO also serves as chief risk officer. He did not address how Berkshire’s extensive fossil‑fuel holdings,...
DC won’t let high oil prices hurt Americans Good luck As @rory_johnston frames it, here are the options • SPR release (here we go again) • Sanctions relief on Russia (err... not great) • Gas tax holiday (2022 redux) You can’t print barrels https://t.co/3KCAj8NtGr #Oil #EnergyMarkets...
VLCC charter rates surged to a record $424,000 per day after the U.S.-Israeli strike on Iran, as the Strait of Hormuz was officially closed to traffic. Spot rates for Middle‑East‑to‑China voyages jumped well above $400,000, dwarfing the recent $100,000‑plus benchmarks....
Australian NEM closed the summer of 2025‑26 with February 2026 wind generation records across all states except Tasmania and Victoria. Queensland posted a record 508,780 MWh, while Western Australia’s Warradarge farm led with a 60.5% capacity factor. Big utility‑scale batteries discharged 245 GWh,...
Strait of Hormuz Traffic March 2, 2026 The past 24 hour ship passages through the Strait of #Hormuz after #Iran declared its closed.
$VLO rising to near nose-bleed territory in the short run, but w/ Crude likely to approach high 70's before a peak, i expect another 1-2 weeks of strength out of VLO before this stalls out @IBDinvestors @marketsurge Big push...
Australia’s renewable pipeline now totals roughly 670 GW – more than three times the 200 GW extra capacity required for its 2050 net‑zero target – but the speed of project delivery is lagging. The bulk of the pipeline consists of onshore wind,...
“Can China act as a buffer? China has been loading up on cheap, sanctioned oil, putting some of it away in storage. In a report, analysts at Morgan Stanley said China could slow down on its purchases if oil prices...
Qatar LNG offline — unprecedented. U.S. exporters win, importers lose, says @seb_kennedy Ukraine & Iran wars expose a core flaw in the “energy transition” narrative. All energy depends on supply chains — break them, you break energy. No supply chains, no energy. Plan B? #LNG...
Crexendo Inc. reported a flat production outlook for 2026 while front‑loading 60% of its annual capital expenditures in the first half of the year, giving it flexibility to accelerate drilling if market conditions improve. The company highlighted a deep Utica...
Can you believe that all of the people down there are unaware that the world’s largest LNG plant is offline? https://t.co/nG6uMfgyuH
Ras Tanura was attacked by Iran based on all reliable reporting @RyanRozbiani A Tasnim denial is just that, not independent confirmation. #Iran #RasTanura #OilSecurity #MiddleEast #FactCheck #Geopolitics @VandanaHari_SG
Antero Resources Corp. closed its HG Energy acquisition ahead of schedule, adding 385,000 net acres and over 400 drilling locations, while divesting its Ohio Utica asset to cement its status as West Virginia's leading natural gas and NGL producer. The...
Shipping traffic through the Strait of Hormuz is running 70% below normal. Roughly 150 tankers are stranded in the Strait. If that’s not bad enough, the IRGC adviser, Sardar Jabari, stated, “Not a single drop of oil will leave the region.” https://t.co/A4WO3ah53J
Virya Energy secures US$99 million EBRD equity to scale Polish solar portfolio #energysky -- via pv-tech: https://t.co/j7xHWsrvZt
WEC Energy Group reported adjusted 2025 earnings of $5.27 per share, an 8% increase year‑over‑year, after excluding a $0.46 per‑share settlement charge in Illinois. Strong weather and a favorable Wisconsin rate review added $1.09 to earnings, while the company announced...
When hail hits PV: New research maps damage, testing, and mitigation #energysky -- via pv magazine global: https://t.co/pDzrq6rY3M
Federal battery rebate hits a quarter-million installs. But is the party over? #energysky -- via Renew Economy: https://t.co/kt1ijbgQPQ https://t.co/e4bUv8CY20
Gran Tierra Energy reported Q4 2020 production of roughly 23,000 barrels of oil per day while sharply curbing costs, cutting operating expenses 39% to $145 million. The company achieved a 133% proved‑developed‑producing reserve replacement ratio and a 1P net present value...
Some basic oil shock math, focusing on the impact on global trade ... Remember that we are starting from an unusually low surplus in the fuel exporting economies ... 1/ https://t.co/WIeQBspqCY
Solar-plus-storage M&A heats up as AI data centers drive demand #energysky -- via pv magazine usa: https://t.co/0SfVszvIE9 https://t.co/gM7W0Ker2W
EVGO reported a fourth‑quarter 2025 revenue of $678 million and GAAP net income of $32 million, with adjusted EBITDA reaching $126 million. The company secured a record $520 million in new or expanded contracts, including five ICE‑dedicated facilities that add roughly $400 million of annualized...
Solar curtailment rises in Chile as grid constraints persist #energysky -- via pv magazine global: https://t.co/nmDkWSHq65
The US‑Iran conflict has driven NYMEX heating‑oil futures up more than 12%, causing diesel premiums at Brazilian ports to more than double within a day. Spot‑market diesel deals are expected to grind to a halt as import costs surge and...
Oil prices continued to rise as the United States and Israel escalated military actions against Iran, prompting Tehran to threaten to close the Strait of Hormuz and launch drone attacks on the U.S. embassy in Riyadh. Brent crude climbed above...
Oil prices jumped nearly 10 % after Iran’s retaliatory strikes, prompting JPMorgan to warn that Brent could reach $120 per barrel if Strait of Hormuz disruptions persist. Pakistan, which imports 85 % of its crude, faces a current‑account deficit increase of $1.5‑$2 billion...
On 27 February 2026 the Australian Energy Regulator (AER) issued its final revenue determination for Basslink Pty Ltd’s transmission cable for the 2026‑30 control period. The regulator approved a nominal, smoothed revenue of $459.5 million, marginally below Basslink’s revised $461.2 million proposal. Cost allocation...
Hypercharge Networks Corp. posted third‑quarter fiscal 2026 results featuring record service and subscription revenue, a 34% gross margin and a 59% reduction in net loss. Revenue for the nine‑month period rose 33% year‑to‑date to C$9.7 million, driven by higher‑margin Level 2 installations. The...
Venture Global, one of the United States' leading LNG exporters, has signed a five‑year supply agreement with global commodity trader Trafigura, effective from this year. The contract locks in a steady volume of U.S. liquefied natural gas for Trafigura’s worldwide...
Israel announced a precautionary shutdown of production at its major offshore gas fields, including Tamar and Leviathan, as hostilities with Iran intensify. The move follows a wave of attacks on energy infrastructure across the Middle East Gulf region. Officials say...
RSPG, the Invesco S&P 500 Equal Weight Energy ETF, offers investors exposure to 22 U.S. energy companies positioned to benefit from rising oil prices amid the Iran conflict. Its equal‑weight methodology normalizes valuation outliers and reduces concentration risk, eliminating the...
US‑Israeli attacks on Iran have halted vessel traffic in the Strait of Hormuz, threatening paraxylene (PX) shipments from Saudi Arabia's Jubail port to the US Gulf Coast. While 56% of US PX imports come from Saudi Arabia, roughly half load...
The Bureau of Ocean Energy Management (BOEM) has made five 3‑D seismic survey datasets from the Beaufort Sea publicly available through the National Archive of Marine Seismic Surveys. The releases—identified as B‑02‑99‑AK through B‑01‑95‑AK—cover 232 square miles across nine survey...
The University of Missouri’s Food and Ag Policy Research Institute (FAPRI) projects that expanding year‑round E15 gasoline could lift corn demand, nudging corn prices up 2 to 7 cents per bushel, while pushing soybean prices down 9 to 22 cents...
Oil, LNG Prices Spike as Iran Conflict Continues Ron Bousso, senior columnist for Thomson Reuters, discusses oil, LNG markets and the likelihood that Middle Eastern tensions will keep prices high. #IranWar #IranIsraelWar https://youtu.be/TyuJU-0pvIo
Is the market already done with the US-Iran war? Wall Street erased early losses while gold and crude oil recoiled from panic highs. Now what? #OilPrices #Crude #Iran #IranWar #stockmarkets #Dollar #Macro https://t.co/sUv93zfPtT
Middle‑East hostilities have forced Qatar to shut its flagship LNG export plant and Saudi Arabia to pause operations at its largest oil refinery, while tanker traffic through the Strait of Hormuz has nearly stopped. The disruptions arrive amid a global...
Kharg Island is a 'choke point' for Iran's oil exports, says VanEck Funds CEO https://t.co/rI4JYhLG71
"Sell the News" even works for tanker stocks when the most important waterway for oil is practically (if not actually) closed. https://t.co/1Blk1tLMqJ
Edify Energy announced DT Infrastructure as the preferred EPC contractor for two Queensland renewable projects: the 600 MW Smoky Creek & Guthrie’s Gap solar farm with 2,400 MWh storage, and the 300 MW Ganymirra & Majors Creek solar farm with 1,200 MWh storage. Together the sites...
Boralex commissions ‘Canada’s largest operating BESS’ in Ontario #energysky -- via Energy Storage News: https://t.co/KPk7JggYI3
"Oil market not too worried" @Bear__85 "You may not be interested in war, but war is interested in you" --Leon Trotsky https://t.co/G26AVdQkOv
Panic buying reflects fear. The real question is grid resilience. Energy and water are inseparable in the desert. #UAE #WaterSecurity #Hormuz #EnergyInfrastructure #Geopolitics #MiddleEastConflict
“Today is day 834 of the Red Sea crisis and day 3 of the Hormuz crisis,” shipping analyst Lars Jensen
European gas just posted its biggest one-day jump since the Ukraine invasion. Up ~50% as Hormuz security stalls LNG shipping. Energy shocks don’t disappear — they compound. Just when inflation felt contained, volatility returns. Cost-of-living isn’t gone. It was dormant. #NaturalGas #TTF #Hormuz #EnergyCrisis...
Despite the strike on Saudi Arabia’s largest oil refinery, Aramco’s Ras Tanura facility, the oil market remained relatively calm throughout the day. Stay tuned. https://t.co/HzbD8gLZNn
Crude drilling into a pivot that’s been in play since 2006. Pressure builds here. $USO $USOIL $OIL $XLE $XOP $OIH https://t.co/g5XbBkgmCd
US residential solar enters post-incentive era after ITC expiry surge #energysky -- via pv-tech: https://t.co/94Jal3gQEI
