Know What's Happening in Energy
Know What's Happening in Energy
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.
Facility managers are confronting rising AI‑driven electricity demand while racing toward 2030 climate targets. The surge in AI workloads is pushing utilities to accelerate renewable deployments, inflating operating costs for buildings. At the same time, Scope 3 emissions—often 75% of a company’s carbon footprint—remain opaque due to limited supplier data. AI‑enabled platforms are emerging to automate data collection, allowing managers to act on imperfect information and meet tightening disclosure rules.
The International Energy Agency’s Electricity reports from 2024‑2026 document a rapid shift in power‑outage drivers, with 2025 seeing a mix of extreme‑weather damage, protection failures, and emerging grid‑stability risks tied to high renewable penetration. In the United States, winter storms,...
Alpiq’s 2025 earnings plunged after an unplanned shutdown of the Gösgen nuclear plant, cutting adjusted EBITDA to CHF 572 million and net profit to CHF 197 million. The outage, combined with low water inflows and gas‑plant overhauls, amplified the financial hit amid volatile energy...
SolidSail Mast Factory (SMAF) in Lanester, France, launched full‑scale production of carbon‑fiber‑reinforced polymer (CFRP) masts on 12 February 2026. The plant, a joint venture between Chantiers de l’Atlantique and five regional composite specialists, will fabricate masts up to 70 metres long, supporting sails...
Eurelectric’s presidency wrote to EU heads urging them to stop reopening the marginal pricing debate, warning that regulatory churn could jeopardise the massive investment needed for a decarbonised power system. The warning follows European Commission President Ursula von der Leyen’s indication that...
Microgrids are emerging as a practical solution for rural and remote communities seeking reliable, clean electricity. By coupling solar, wind and battery storage with intelligent control systems, these localized grids can operate independently or in tandem with the main network....
Supply chain risk is rising for oil‑and‑gas and heavy‑industry firms, prompting a sharper focus on sourcing verified oil country tubular goods (OCTG). Global demand reached 16 million metric tons in 2024, with seamless tubes accounting for more than half. Verification—through mill...
Markets are in risk off mode but NOT full panic YET 📉 $SPX $ES $NQ down 🛢️ $CL surging 🥇 $GC up YET 💵 $DXY strong 📈 $VIX rising Ras Tanura attacked. Oil supply at risk. Iran escalating. If oil keeps climbing, inflation comes back fast. If...
Energinet, Denmark’s transmission system operator, has imposed a three‑month moratorium on new grid‑connection agreements as electricity demand surged to roughly 60 GW, far exceeding the nation’s 7 GW peak consumption. The surge is driven by data‑center expansions, battery storage projects, and Power‑to‑X...
China Energy Investment Corp. (CHN Energy) has commissioned the 2 GW Phase II of its Lingwu photovoltaic project, bringing the site’s total capacity to 4 GW and completing half of the planned 6 GW mining‑subsidence solar cluster in Ningxia. The base will deliver roughly...
Tesla reclaimed its position as Norway’s top-selling car brand in February, as electric vehicles accounted for 98.01% of all new registrations. The market saw 7,127 EVs registered, a sharp rebound from January’s 75% year‑over‑year decline caused by a VAT rule...
Asia can currently absorb the recent oil‑price surge, but the region’s heavy reliance on imported energy makes it vulnerable if prices stay high. Japan and the Philippines source almost 90% of their oil from the Middle East, while China and...
India’s Ministry of Petroleum and Natural Gas reviewed crude, LPG and petroleum product supplies as Iran‑Israel tensions heightened global energy volatility. Brent crude surged to roughly $82 a barrel, prompting concerns over the Strait of Hormuz chokepoint that carries about...
The RENIXX renewable‑energy index closed the week at a record 1,288.68 points, though it quickly retreated into a sideways range. German turbine maker Nordex led gains with a 26.3% jump after reporting record 2025 revenue of €7.6 billion and strong order...
Low oil prices for much of the past year have helped cool inflation & given Trump license to tout more affordable prices at the pump. But if there was one scenario most likely to upset that trend, it was a...
MAGA is learning to love solar -- as the right's anti-solar crusade is making utility bills higher, giving China an advantage in the AI race, and fueling U.S. dependence on imported energy. Key MAGA voices urged a pivot. It is...
The University of Manchester has launched the (not)NOISY research programme to develop the first advanced tools for predicting underwater noise from tidal turbine arrays. The project will create high‑fidelity computer models and AI‑assisted simulations that estimate how turbine noise travels...
$PSX Daily. Refinery stock popping up and out of tight falling channel in context of overall strong uptrend as energy surges. Far from extended https://t.co/Deqj2QXqRJ
Gas prices up by around 50% today. A painful reminder that relying on imported fossil fuels is a risky strategy. https://t.co/uXkWNMXbeQ
Eos Energy Enterprises released its Q4 and full‑year 2025 results, showing a seven‑fold revenue increase to $114.2 million but a net loss of $969.6 million driven largely by non‑cash expenses. The company ended 2025 with $624.6 million in cash, eliminating prior going‑concern doubts,...
The Fed has been quiet but THIS ECB comment shows you how central bankers are thinking about the rise in oil/gas prices Minutes after European natural gas surged 50%, an ECB Governor said they’re ready to “move quickly” on rates. Energy spike...
Critical One Energy @Critical1Energy $CRTL.CA $MMTLF Regains Full Control of Uranium and Copper Assets in Namibia, Africa by @newsfile https://t.co/YGdKDhloWd
Malaysia's national oil company Petronas reported a 2025 profit after tax of MYR 45.4 billion ($11.6 bn), down from MYR 55.1 billion in 2024. The decline reflects lower sales volumes, Brent prices under $70 per barrel, and the divestment of its 74% stake in Engen...
Dark side of the #datacenter craze: unplugging. Abt 40, using enough power for 1M homes, simultaneously went offline last year, forcing the #VA operator into drastic action. 2d such incident. #realestate #tech #AI #warehouses #industrial https://t.co/zdjJyMPnlt via @WSJ
UK & European gas price benchmarks have both hit 12-month highs, jumping ~50% today after Qatar paused production in the face of Iranian attacks But it's worth putting this in perspective – we're a long way off the insane spikes we saw...
Prime Minister Narendra Modi inaugurated POWERGRID transmission projects in Rajasthan valued at over ₹3,600 crore. The rollout includes a 765 kV Bhadla‑III–Sikar‑II line and a new Bhadla‑III substation, expanding capacity for 20 GW of Renewable Energy Zones and 8.1 GW of solar zones. These...
Europe is once again reminded of a structural vulnerability. As I told @politico: “The fact is still that Europe imports most of its energy from other countries. And I think events like this just highlight how problematic, how risky that is...
Happy Monday & March. #Lithium is back. One of my hopes is Japan makes a comeback in lithium-ion battery working with the U.S. & Canada. https://t.co/xcJ04Pczo1
The United States and Israel launched Operation Epic Fury against Iran, triggering a sharp rise in global oil prices. Brent crude surged 13% before settling 8.5% higher, marking its biggest daily jump in nearly three years. The conflict has halted...
A cold spell in Europe in March would definitely put the cat among the pigeons, but worth remembering that it takes a while for gas prices to feed through to consumer prices, so "flash in the pan" shift won't matter,...
Solar module prices rise faster than expected in February #energysky -- via pv magazine global: https://t.co/IthL40gLnT https://t.co/eJ2paazz7a
RTS Wind Group announced Kevin Jones as its new chief executive, bringing over 18 years of wind‑sector operational leadership. Jones most recently served as global head of operations at Skyborn Renewables and held senior roles at Vattenfall and Summit Renewable...
Very interesting > The Strait of Hormuz is not just oil - but also LNG. https://t.co/jlv7Hrp9LJ
Brent has jumped to $79 per barrel from $72 on Friday. We're currently getting risk-off price action that's lifting USD, including against commodity exporters like Brazil. But that will fade and the Real will rally like it did after the...
Spanish researchers have built a dual‑condenser air‑to‑water heat pump that synchronises domestic hot‑water production with daylight, dramatically increasing photovoltaic self‑consumption. The prototype replaces the single condenser with an additional top‑mounted unit and uses a minute‑level control algorithm. Tests showed solar...
Great conversation with @Edison_Electric this morning focused on using new technologies to get more data centers connected to the grid faster. Connecting data centers to the grid is critical to bringing electricity rates down. Batteries are key. https://t.co/6SD5BHtq4g
While gas prices will get all the attention, it is worth pointing out the near 15% increase in heating oil this morning.
Korean researchers at KAIST and Seoul National University used artificial intelligence to redesign hydrogen fuel‑cell catalysts, discovering that zinc directs platinum and cobalt atoms into a high‑performance intermetallic structure. The AI‑predicted Zn‑mediated catalyst outperforms commercial platinum catalysts in activity and...
In February 2026 DNV’s Alternative Fuels Insight recorded 17 new orders for alternative‑fuel vessels, 14 of which were LNG‑powered container ships. The remaining three orders were for dual‑fuel ethane gas carriers. Overall, 37 alternative‑fuel vessels were ordered in the first...
Israel’s Energy and Infrastructure Minister ordered a security‑driven suspension of production at the offshore Leviathan gas field, prompting Chevron to declare force majeure. The pause halts the field’s 12 billion cubic metres per year output, which supplies Israel, Egypt and Jordan,...
Commercial building backup power is shifting from idle diesel generators to hybrid systems that combine battery energy storage, renewable sources, and AI-driven controls. Facility owners are driven by sustainability mandates, grid instability, and the need for operational resilience against extreme...
Thanks to Vijay and the whole team @TheEconomist for the invitation to deliver a keynote this morning about challenges—and solutions—facing the energy transition. I focused on energy math, energy security, and energy geopolitics—with today’s oil & gas price spikes top...
RWE is investigating a turbine blade detachment at the 57.4 MW Brechfa Forest West on‑shore wind farm in south Wales. The incident involved a Senvion MM92 turbine and prompted a 50‑metre safety zone while the fallen blade was removed. RWE has...
OEG has expanded its offshore wind support fleet with the delivery of the new crew transfer vessel Fulmar, following successful sea trials. The 24‑person, high‑speed CTV will operate in UK waters and has already secured a charter to service the...
Qatar says Ras Laffan energy complex has been attacked It isn’t clear what part of the facility. But it is home to Qatar’s massive LNG export plant — the world’s biggest
Osaki Electric has entered a development pact with Kyocera and two Taiwan Plastics Group affiliates to co‑create an AI‑driven energy management system called SmaRe:C. The platform integrates solar generation, lithium‑iron‑phosphate battery storage and an edge AI terminal to optimise electricity...
Aecom’s new report warns that the UK’s data‑centre boom will stall unless landowners, planners, utilities and infrastructure providers coordinate far earlier in project pipelines. It identifies grid reinforcement, water capacity and planning consent as recurring bottlenecks that delay "powered land"...
Artificial intelligence workloads are increasingly hosted in purpose‑built data centres that consume massive electricity and water, raising environmental concerns. The International Energy Agency says a typical AI‑focused data centre uses as much power as 100,000 households, and the largest under...
Electric‑vehicle ownership in England is expanding beyond affluent early adopters, with 2025 data showing purchases across almost every deprivation decile except the poorest ten percent. The shift is driven by a thriving second‑hand market that lowers upfront costs and by...
