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
Brian Solis, Head of Global Innovation at ServiceNow, urged energy executives at the Baker Hughes Annual Meeting to view artificial intelligence as a tool for workforce augmentation rather than mere automation. He introduced the concept of “AI Darwinism,” arguing that firms which blend human expertise with AI will out‑perform competitors. Solis emphasized that true digital transformation requires an AI‑driven vision that reimagines work, not just digitizes existing tasks. He called the moment a leadership opportunity to rebuild the energy workforce for greater efficiency and resilience.
Pembina Raises Serious Questions about Canada-Alberta MOU Negotiations Janetta McKenzie of @pembina Institute has 4 concerns: 1 AB's TIER system is gutted 2 @cdnoilsands can fund its own CCS 3 No taxpayer $$ for pipeline 4 No perks for AB #ableg #abpoli https://youtu.be/ajQssj0URRs
Nymex natural gas futures for March slipped 1.5 cents to $2.996 per MMBtu on Thursday. This marks the first time the prompt‑month contract has settled below the $3 threshold since mid‑October. Despite short‑term expectations of cooler weather early next week, analysts...
Hilarious — Trump claims China has no wind energy, meanwhile, news just came out China has successful tested a new airborne wind turbine that is essentially held up by a helium blimp. Oh yeah, btw, China is the world’s number...
On February 19, 2026, the U.S. spot cash electricity market posted a 3.2% increase in average price, reaching $58.4 per megawatt‑hour. The rise reflected higher natural‑gas forward curves and a dip in wind generation across the Midwest. Day‑ahead trading volumes...
The Trump administration announced that SoftBank’s U.S. affiliate SB Energy will develop a proposed 9.2‑GW, $33 billion natural‑gas power complex near Portsmouth, Ohio. The project is the flagship of a $36 billion first tranche of a $550 billion U.S.–Japan strategic investment framework that...
TIP Solar, backed by GoodLeap’s residential solar leases and PPAs, has issued $179.7 million in asset‑backed securities. The ABS are collateralized by 7,812 leases held by Jaguar Solar Owner 2026‑1 and structured into A‑ and B‑tranches with anticipated repayments through March 2033 and...
Armenia's power is supplied by what is widely considered the least safe nuclear reactor on the planet, and it has no money to replace it. With Russia occupied in Ukraine, the country is desperately searching for a solution. On one end,...
When winter storms arrive, solar and wind frequently generate less than 10% of their supposed "capacity." If we tried to truly rely on solar and wind to the point of shutting down more fossil fuel plants, Americans would have routine blackouts. Do...
Luis Gonzalez, chief data and AI officer at Aboitiz Power, argues that the data industry will become the primary driver of the energy transition by using AI to finance and operate renewable assets. He envisions a future where computation is...
Ethiopia didn’t ban petrol cars in 2024 to hug trees: Importing oil was bleeding them dry - costing over $5b/ year in precious foreign exchange From close to zero before the 2024 ban, EV sales now make up over 60% of...
LanzaJet announced a $135 million equity financing round, valuing the company at $650 million pre‑money. The round is co‑led by International Airlines Group (IAG) and Shell, with existing investors such as Groupe ADP, LanzaTech and Mitsui also participating. Proceeds will fund the expansion...
Tech firms are pouring billions into energy‑intensive data centers as U.S. electricity demand climbs, prompting political scrutiny over rising utility bills. The White House has suggested that these companies finance new power‑plant capacity, while Senators Hawley and Blumenthal introduced legislation...
The House Republican‑led E15 Rural Domestic Energy Council has revised its biofuel exemption plan, raising the annual cap from 450 million to 550 million Renewable Identification Number (RIN) credits. The proposal also authorizes year‑round sales of 15% ethanol gasoline (E15) and expands...
27th of 49 days in 2026 with >100% WindWaterSolar on the @CaliforniaISO grid. Gas own 54% in vs 2024 and 56% vs 2023 Batteries up 54% vs 2024 and 301% vs 2023 PV up 38% vs 2024 and 56% vs 2023 PV+Batteries displacing gas Imports...
Los Angeles hired AECOM for three $5 million reports that map a $1 billion, 2024‑2033 recovery strategy for Pacific Palisades after the deadly 2025 fire. The studies expose pervasive fire‑code violations, narrow streets and evacuation bottlenecks, and call for aggressive brush‑clearance, water‑system...
We often hear the claim that intermittent solar and wind are cost-competitive with reliable sources of electricity. This is an accounting fraud. The cost of solar and wind is paid on top of the cost of an on-demand power source, not instead...
Kazakhstan’s thermal coal production slipped 1.7% YoY to 9.92 million tonnes in January, while total coal output fell 0.7% to 10.31 million tonnes. Despite the dip, the government is rolling out a national project to add about 7.6 GW of coal‑fired capacity by...
The Spanish electricity spot index plunged to an average €12.66/MWh for 1‑20 February, far below the €50.55/MWh forward contract and last year’s €116.88/MWh level. Wind generation surged 123% year‑on‑year to 11.2 GW, while gas‑fired output fell 25% to 3.6 GW, driving the price...
Urenco, a global uranium enrichment firm, faced fragmented, manual controls for removable media and file transfers across its air‑gapped nuclear facilities. To achieve consistent security, it deployed OPSWAT’s MetaDefender platform, routing all devices through centralized, zero‑trust inspection checkpoints. The solution...
Energy ministers at the International Energy Agency meeting failed to produce a joint climate‑change communiqué, as U.S. Energy Secretary Chris Wright aggressively challenged the agency’s net‑zero agenda. European ministers, led by the UK, France and Spain, reaffirmed the importance of...
A lighting audit does more than cut electricity bills; it uncovers hidden operational risks and opportunities. By pinpointing fixtures that are near failure, audits help schedule replacements during planned shutdowns, avoiding costly unplanned downtime. They also improve worker safety, health,...
The episode examines Texas’s 2021 Winter Storm Uri, which knocked out half of ERCOT’s capacity and caused massive blackouts. While the market design intended to let extreme events impose financial penalties on generators that failed to hedge, regulators intervened—forcing a...
Mark Temnycky, a non‑resident fellow at the Atlantic Council, wrote in Forbes that the European Union will fully phase out Russian liquefied natural gas (LNG) by the end of 2026. The move is framed as a step toward greater energy...
The International Energy Agency has opened formal discussions to grant India full membership, building on its associate status since 2017 and a 2023 request. Ministers from IEA member states agreed in February 2024 to start talks, signaling a push to...
SolarPower Europe unveiled two technical due‑diligence reports aimed at utility‑scale hybrid solar‑PV and battery energy storage projects. The “Technical Due Diligence Best Practice Guidelines” and the third‑edition EPC Best‑Practice Guidelines provide a lifecycle framework covering planning, construction, operation and decommissioning,...
The episode outlines Namibia’s rise to become the world’s third‑largest uranium producer, delivering 7,333 tonnes in 2024 and targeting 8,000‑9,000 tonnes in 2025. It highlights the country’s three flagship mines—Husab, Rössing, and the revived Langer Heinrich—along with their robust infrastructure,...
Luminus Devices and APC Electronics have formed an exclusive partnership that couples Luminus’s high‑brightness LED modules with APC‑E’s silicon‑carbide (SiC) power semiconductors. The integration promises up to 15% efficiency improvement in high‑power luminaires and a 50% reduction in power‑supply size...
Sudamala Resorts has installed a 300 kW solar system at its Seraya location, now covering 80‑85 % of the resort’s electricity needs. The array, featuring 480 panels and a 770 kWh battery, generates roughly 410,000 kWh of clean energy annually, cutting diesel use and...
FlexGen Power Systems unveiled HybridOS version 13, a hardware‑agnostic energy management system that unifies battery storage and solar assets under a single interface. The upgrade adds real‑time and historical data APIs, a fleet‑view mobile app, predictive diagnostics, and enhanced battery‑management functions...
Truth from @ClydeCommods 👇 The Iran risk premium assumes a deal or a contained strike that leaves flows intact What if Iran stops playing by the “keep oil flowing” rule & targets infrastructure to force political outcomes? That tail risk is higher than...
No matter how sunny a region it is deployed in, solar is not a reliable source of power. Even in sun-drenched Arizona, a series of three low-pressure systems wiped out most of the state's solar energy for 6 days in January...
Energy storage specialist Emtel Energy USA has rebranded as Syntropic Power and introduced three stationary‑storage product lines—GridSurge, GridSpan and Tenet. The systems employ sodium‑ion batteries that have passed UL 9540A fire‑safety testing and are undergoing third‑party validation at Rochester Institute of...
Fraunhofer ISE, PTB report just 0.15% uncertainty in PV module yield measurements #energysky -- via pv magazine global: https://t.co/ciKzGySvHh https://t.co/EC74qdInx6
Base Power takes first step into distributed energy storage market for regulated utilities #energysky -- via pv magazine usa: https://t.co/a4LRie1NmE
Brazos Midstream commissioned its largest cryogenic plant, Sundance II, adding 300 MMcfd of processing capacity in the Midland Basin and joining the 200 MMcfd Sundance I that began operations in 2024. The company also broke ground on Cassidy I, another 300 MMcfd cryogenic facility in Glasscock...
Could the AEMC be “kinda right” about fixed network costs? Late submission lobs curveball into debate #energysky -- via Renew Economy: https://t.co/M5UcGqLiiu https://t.co/EAQf6ckk0b
According to a report from the International Energy Agency, an average AI datacenter consumes as much electricity as 100,000 households. AI = HIGHER ELECTRICITY PRICES = AN AFFORDABILITY PROBLEM. https://t.co/65QNfr2y4U
Sweden’s wind sector recorded zero turbine orders in Q4 2025, marking the lowest investment pace in modern times. Green Power Sweden warns that the slowdown threatens the country’s self‑sufficiency, energy security, and ability to meet climate targets. The association attributes the...
Gigawatt-hours of investments, tolls, optimisation and platform financing across Europe this week #energysky -- via Energy Storage News: https://t.co/ypYzZ8xa8y
Solar Energy Industries Association president reflects on decade of progress #energysky -- via pv magazine usa: https://t.co/tbHnPi0r3A https://t.co/0nNhikDzH0
Centrica reported a 41% plunge in 2025 earnings per share to GBX 11, matching FactSet consensus. After completing a £2 billion share‑buyback programme, the company announced a pause to the scheme. Soft 2026 guidance, driven by weaker gas and power trading, pushed...
SALD launches large area sheet-to-sheet tool for perovskite solar pilot lines #energysky -- via pv magazine global: https://t.co/1T4zFQX3n4 https://t.co/XXG8fpaR0N
Expectations of a possible US strike on Iran—currently oscillating between wait-and-see and watchful anticipation—have introduced a risk premium into an otherwise well-supplied oil market. My talk w/ @KellyCNBC @CNBCTheExchange https://t.co/XwyD5XmiRg
"Solar and batteries can power the world" Tom Brown is mostly on BlueSky these days but this is a great blogpost so I'm sharing it here too. https://t.co/KU6aqsHfEZ https://t.co/1pVWCGUOKs
Impactful discussion with 🇳🇱 @MinisterKGG, 🇬🇧 @Ed_Miliband, 🇦🇺 Stephen Jones, 🇪🇸 Sara Aagesen Muñoz & other leading figures on what is needed to ensure electricity systems can cope with the growing range of threats they are facing, both old and...
Silicon Valley’s energy appetite is so insatiable that it is now trying to build a colossal shadow power grid for itself nationwide. But will it work? Said @JigarShahDC : “This whole thing feels like a fairy tale concocted on...
Important discussions with 🇳🇱 @MinisterKGG, 🇺🇦 @Denys_Shmyhal, 🇱🇹 Žygimantas Vaičiūnas, 🇵🇱 @motykamilosz & others on Ukraine’s energy security Ukraine’s energy system is facing major challenges, but steps can be taken now to meet urgent power needs while preparing for the future...
Iran risk is unpriceable, writes Rabobank's Joe DeLaura. No strike and oil fades to the low $60s. A strike and $90+ is immediate. What matters isn’t the spike, it’s how long the disruption lasts. #OilMarkets #Iran #Hormuz #Geopolitics #EnergySecurity https://t.co/L6wTlG3QZf
Venezuela’s oil “revival” is being wildly oversold. It’s a salvage operation. Rusted pipes, polluted lakes, broken upgraders, and legal risk everywhere. You can’t fix 20 years of decay with a few rigs & a pep talk. https://t.co/tmf2KANGJr #OilMarkets #Venezuela #EnergyReality #Sanctions #crudeoil
