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
Advantage Utilities has been crowned Consultancy of the Year for Large Customers at the 2025 TELCA Awards, recognizing its rapid rise in the UK hotel sector. The firm delivered more than £500,000 in energy savings within two years for a leading hotel portfolio, working with brands such as Peninsula Hotels, Mandarin Oriental and Grantley Hall. Its five‑pillar service model blends procurement, cost validation, efficiency upgrades, ESG reporting and disruption‑free implementation. The accolade arrives as hotels grapple with soaring energy prices, stricter carbon regulations and the need to protect guest experience.
CoeusAI, a Canadian cleantech AI startup, has opened a Rotterdam headquarters after being chosen as the sole Canadian participant in the North Sea Energy (NSE) programme. The firm will work across five NSE streams, using AI to site offshore wind,...
U.S. ELECTRICITY net generation at utility-scale facilities climbed to a record 4,430 billion kilowatt-hours (kWh or TWh) in 2025 up from 4,309 billion kWh in 2024. Nearly four-fifths of the increase came from non-fossil generators (+94 billion kWh) led by...
The piece introduces Atmospheric Integrity Records (AIR), an append‑only, time‑bounded ledger that captures building atmospheric data separate from control and analytics layers, making it admissible evidence for regulators, insurers, utilities, and investors. It argues that current dashboards and optimization tools...
The Power Ministry has submitted its draft Corporate Average Fuel Efficiency (CAFE‑III) proposal to the Prime Minister’s Office after a stakeholder roundtable. The upcoming CAFE‑III standards, expected to roll out in April 2027, aim to tighten fleet‑wide fuel consumption and CO₂...
Energy Storage Ireland and TNEI report that deploying long‑duration storage could slash Ireland’s fossil‑fuel generation by over 2 TWh annually, roughly a 30% reduction by 2035. The study models an all‑island grid with 9 GW on‑shore wind, 8 GW solar and 5 GW offshore...
JinkoSolar announced a 26.6% power conversion efficiency for an industrial‑scale TOPCon solar cell built on an M10‑size wafer, setting a new world record for this technology class. The result, validated by an independent Chinese third‑party, stems from a dual‑side electrical...
Audit Scotland announced it will audit the ScotWind leasing round, which generated over £700 million in option fees after the 2022 seabed auction. The watchdog began early scoping work and aims to publish its report in autumn 2026 alongside a broader...
A recent Scientific Reports study shows nano‑ferric oxide (Fe₂O₃) coating on the base of a 1 m² solar desalination pond boosts temperature and water output. In outdoor trials across seasons, the coated pond reached 74 °C (≈8 °C higher) and produced 6.5 L m⁻² day⁻¹, a...
The 2026 federal budget eliminated the tax credit for purchased residential solar panels, leaving the credit only for leased systems. As a result, more than half of new rooftop installations are now owned by third‑party companies through leases or power‑purchase...
Gore Street Capital aims to raise €1bn for a new energy‑storage fund and a co‑investment vehicle by the end of 2026. The capital will target grid‑scale battery projects that support Europe’s renewable integration. Institutional investors are expected to form the...
Kongsberg Maritime has been chosen to provide a fully integrated equipment suite for LS Marine Solution’s next‑generation ultra‑large cable‑laying vessel being built at Turkey’s Tersan Shipyard. The 148.4‑metre ship will carry up to 13,000 tonnes of subsea HVDC and optical cable...
I pay 7ppkwh at home. That’s 10% of the cost of an equivalent diesel vehicle on a like for like consumption cost comparison. Yesterday I paid 40ppkwh at a public charger. That’s still a lot cheaper than running an ICE
Aurora Energy Research's BATMAR report shows European battery storage capacity surpassing 17 GW in 2024‑25. Forecasts project over 80 GW by 2030, with long‑duration (four‑hour) batteries receiving half of the anticipated €24 bn investment. Germany leads the market, followed by the United Kingdom...
Britain’s energy regulator announced that electricity bills will hit their lowest level in almost two years starting in April. The decline stems from a policy shift that moves a portion of renewable‑energy support costs from consumer bills onto general taxation....
The price of energy is tied to the international price of gas. Since we sold off our oil and gas in the 80s we don’t control the price of our “own” gas and oil. One of the reasons for pushing...
Shell and Greece’s METLEN have signed an MoU to supply and trade up to 1 bcm of LNG annually from 2027 to 2031. Deliveries will flow through the Revithoussa and Alexandroupolis regasification terminals. The deal leverages the Vertical Gas Corridor to...
Renewable energy accounted for 26% of U.S. electricity generation in 2025, representing 36% of installed capacity. Solar output surged 34.5% while wind grew modestly, and battery storage capacity jumped 58.4%. Overall renewable generation rose 9.6% year‑over‑year, outpacing coal and nuclear....
Grenergy closed 2025 with revenues just over €1 billion, EBITDA €201 million (up 26%) and net profit €87 million (up 46%). Investment climbed 36% to €880 million, aligning with its €3.5 billion 2025‑2027 strategic plan. Asset‑rotation sales reached roughly US$1 billion, covering more than 60% of...
Statkraft and renewable developer OX2 have signed a seven‑year power purchase agreement for two battery‑energy‑storage systems totaling 235 MW in Finland. The 110 MW and 125 MW installations, located alongside OX2’s Kannisto and Korkeamaa wind farms, are currently under construction and will be...
South32 COO Noel Pillay highlighted aluminium as a cornerstone of the low‑carbon transition, emphasizing its lightweight, durable and fully recyclable nature. The South African government has classified the sector as strategic, granting Hillside Aluminium a preferential electricity tariff through Eskom...
Iberdrola posted a 12% rise in reported net profit to €6.3 bn for 2025, driven by stronger regulated returns in its UK and US electricity networks. Adjusted EBITDA grew 3% to €15.68 bn, with the Networks business up 21% and the regulated...
Ofgem announced a 7% cut to the UK energy price cap, lowering the typical annual household bill to £1,641 from April. The reduction translates to about £10 a month, or £117 per year, representing more than £200 savings compared with...
Wireless EV charging is experiencing a resurgence as automakers and infrastructure firms accelerate pilots and standard‑setting efforts. Recent deployments in Europe and China demonstrate viable power levels up to 11 kW, while new SAE and IEC standards aim to harmonize safety...
The United States delivered a formal diplomatic warning to Kyiv after Ukrainian drones struck the Russian Black Sea port of Novorossiysk, a key export gateway for Kazakh crude that underpins American oil majors' interests. The attack disabled a single‑point mooring,...
Scotland has reduced emissions by 51.3% since 1990, but the UK Climate Change Committee says its new medium‑term emissions strategy relies heavily on unproven technologies. While the CCC praises the shift to five‑year carbon budgets and rates 91% of 2030...
The episode reviews South Korea's energy commodities market, noting a modest dip in thermal coal prices and major tenders favoring Indonesian, Australian, and Canadian supplies while limiting Russian and Chinese coal. It highlights the government's push to cap Russian coal...
John Grimes, who has led the Smart Energy Council (SEC) for nearly two decades, announced his retirement effective May 15. He will transition to become chief executive of the newly formed Renewable Energy Council Asia Pacific (RECAP), a regional partner...
Copper is driving miners' profits But exposure is hard to scale unless prices stay high for years Profits are hard to maintain unless supply growth fails Mega-mergers failed because sellers wanted to be paid for the future scarcity now Usual good insights from @ClydeCommods...
U.S. shale + SPR barrels & China’s vast stockpiles will offset Iran oil disruptions, writes @ronbousso1 But shale doesn't surge on command & stockpiles are a short-lived buffer The most likely shock absorbers are a limited Iran conflict & China stepping...
Coal India has endorsed a phased rollout of the National Coal Exchange, aiming to move coal trading from traditional e‑auctions to a regulated electronic platform with market‑based price discovery. Executive Director V S Maharaj emphasized that reforms must be calibrated to protect...
The Solar Insiders podcast features IEEFA analyst Jay Gordon warning that proposed fixes to network tariffs could erode the economic case for residential battery storage. By moving from time‑varying network charges to flat fees, the savings homeowners capture from shifting...
Fortescue Metals Group spent $427 million in the first half of FY2026 on decarbonisation and expects annual outlays of $800 million to $1.2 billion, putting the company on a roughly $1 billion‑a‑year run rate through the decade. The miner is installing solar, wind, battery...
Akaysha Energy disclosed that the Waratah Super Battery’s primary transformer suffered a significant internal fault in October 2025, rupturing its tank wall. The 850 MW, 1680 MWh facility will operate at roughly half capacity—about 350 MW—through most of 2026 while a replacement transformer...
Argentina’s Vaca Muerta looks great on paper, but it’s not the next Permian. Argentina’s fiscal mess, weak infrastructure, & massive capex needs are real barriers. Continental’s hype says as much about a fading Bakken play as it does about Vaca Muerta. https://t.co/SGzycaNHEd #Oil...
Zambia’s 1,000 Mini-Grid Initiative is an ambitious, government-led project aimed at deploying over 1,000 solar mini-grids in 🇿🇲 by 2030. In support of this initiative, @SEforALLorg has designed an Integrated Electrification Framework to catalyze the DRE market in #Zambia. https://t.co/3GwDqMLzBQ
Solar’s Invesco Solar ETF (TAN) has surged over 23% year‑to‑date through Feb 24, 2026, far outpacing the S&P 500’s modest 0.8% gain. The U.S. Energy Information Administration projects a record 86 GW of utility‑scale capacity additions in 2026, with solar comprising 51% of...
COLUMN: Net zero by 2050 is effectively dead: Oil, natural gas and coal will remain crucial for meeting the world's energy needs. But that doesn't mean the end of renewable energy. Solar, in particular, is thriving, and will continue to...
UK energy bills hit almost 2-year low amid green cost shakeup https://t.co/1c5Ujc3rWO via @EamonFarhat https://t.co/i1fmG0aib3
Avista Corp reported consolidated earnings of $1.01 per diluted share year‑to‑date, a 30% decline from 2024, while its utility segment posted a 15% earnings increase to $1.03 per share. The company reaffirmed its 2025 consolidated earnings guidance of $2.52‑$2.72, indicating...
$2.55 Iowa average https://t.co/qKoxDrbRtX, but Senator Ernst promises to make up the difference compared to what you'll pay
Wow: @EIAgov data show the US states that produced >100% of their grid+behind-the-meter electricity demand with WindWaterSolar in 2025 had among the lowest electricity prices 2 states supplied over 100% and 14 states supplied 50-124% of demand with WWS https://t.co/KP3uii4BqI https://t.co/Ctxu1cCI4I
Higher fixed network tariffs could erase the benefits of the Cheaper Home Batteries rebate #energysky -- via Renew Economy: https://t.co/rwveLFK8wI
Higher #lithium prices don’t have the power to make low quality lithium assets good investments. Be careful out there. https://t.co/BDwn05D4Fc
Fun fact: this was originally built as an IMPORT terminal. Then the fracking revolution happened and they had to reverse course. 🇺🇸
Uranium enrichment is running straight into a hard physical bottleneck Enrichment capacity, not reactors, is the constraint The US is still deeply dependent on Russian enrichment https://t.co/UzZh17Lcy5 #NuclearEnergy #Uranium #EnergySecurity #SupplyChains #EnergyTransition #Geopolitics
Oil industry won’t grow unless Brent gets up to ~$70 & stays there Below that, drilling dries up and investment stalls. https://t.co/GEUV5bEdMd #OilPrices #EnergyMarkets #Brent #Permian #Production #Capex #Commodities #OilIndustry #MarketSignals
From which countries did the US import solar panels in 2025? #energysky -- via Solar Power World: https://t.co/50iShtuhwp
Minutes vs megawatt-hours: What changes when weather forecasting becomes a form of infrastructure? #energysky -- via Renew Economy: https://t.co/2OUQuXZwA6 https://t.co/GPFZ1V7lJi
Google to deploy world’s largest iron-air battery for Minnesota data center #energysky -- via pv magazine usa: https://t.co/xjrvPDsejJ
