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.
ProEnergy Supply (PES) has launched an AI‑driven transactional gateway that integrates directly with OpenSolar’s new Shop platform, allowing solar designers to purchase equipment in real time. The solution connects live inventory to distributors’ ERP systems, reaching over 28,000 active solar professionals during the design phase. PES emphasizes that the integration requires no workflow changes for distributors, aiming to cut fixed and acquisition costs. The partnership will roll out nationally in March 2026, with priority given to distributors using major ERP suites.
A new UCL Shipping and Oceans Research Group report evaluates three IMO Net Zero Framework (NZF) scenarios and finds that only the framework "as‑is" delivers a credible, stable demand signal for scalable zero‑emission fuels. The analysis warns that removing the...
Gaztransport & Technigaz (GTT) secured tank‑design contracts for six new LNG carriers, four for Shandong Marine Energy via Jiangnan shipyard and two for Samsung Heavy Industries. Each vessel will carry roughly 174‑175,000 cubic metres of LNG using GTT’s Mark III Flex membrane...
Russia performed its first triple LNG ship‑to‑ship (STS) transfer in Arctic waters, linking two Arctic LNG 2 cargos and one Yamal LNG cargo to conventional tankers. The operation took place in the Murmansk region, using the Saam floating storage unit for two...
Four U.S. tech giants—Meta, Amazon, Google and Microsoft—accounted for 49% of global clean‑power purchase agreements (PPAs) in 2025, the year total PPA activity fell for the first time since 2016. Together they secured 20.4 GW, enough to power Denmark, and are...
Germany’s passenger‑vehicle manufacturing sector is set to see a drop in electricity consumption as overall car output declines, VDA chief economist Manuel Kallweit warned. Power use fell to 12.86 TWh in 2024, about 2.8% of national electricity, and is projected to...
The episode revisits the author’s earlier research reports from October and December 2025 on a leading natural‑gas utility, reaffirming its investment thesis built on ultra‑low leverage, a management team focused on debt reduction, high‑quality assets, and accelerating free cash flow....
Mubadala and Kimmeridge’s joint venture Caturus will buy SM Energy’s Galvan Ranch for $950 million, adding 250 MMcfed production from 260 wells. Post‑deal, pro‑forma net output rises to about 950 MMcfed. The acquisition gives Caturus over 275,000 net acres across the Gulf Coast...
Borr Drilling now has 25 of its 29 jack‑up rigs either under bareboat charter or with confirmed jobs, covering regions from Southeast Asia to the Americas. The firm’s day‑rate equivalent backlog grew to $1.2 billion, reflecting more than 1,150 contracted days....
Ukraine’s government is positioning battery energy storage systems (BESS) as a strategic asset to keep the power grid alive amid Russian attacks and to enable future integration with the European grid. Lawmakers have introduced tax breaks, licensing exemptions and accelerated...
Nordlicht I’s first monopiles and transition pieces were finished ahead of schedule by EEW and CS Wind, marking a key milestone before offshore construction begins later this year. The 68 steel structures, up to 80.5 metres long and 1,290 tonnes heavy, position the project...
British Gas, owned by Centrica, saw operating profits in its residential supply business drop 39% to £163 million in 2025, partly due to an £80 million hit from the UK’s warmest year on record, which reduced heating demand. Despite the profit slump,...
A cross‑party group of 14 MPs and peers has urged Energy Minister Ed Miliband to suspend the £2 million‑a‑day renewable subsidy paid to Drax while the FCA investigates alleged misrepresentations about wood‑pellet sourcing. Drax, the UK’s largest power plant, is projected...
Who says clean energy and nature can’t thrive together? New @NatLabRockies research confirms what global studies are increasingly showing: utility-scale solar farms actively foster biodiversity By planting native prairie under panels, 3 sites in Minnesota have transformed into thriving sanctuaries for...
SaaS founders must now measure the energy and emissions each customer generates, not just revenue and cloud spend. Continuous workloads, AI inference, and data pipelines are turning software into a major energy consumer, making carbon a direct cost driver. Tools...
Neom has signed a landmark $5 billion agreement with Saudi‑based DataVolt to build the Kingdom’s first green‑AI hyperscale data centre in Oxagon. The facility will operate at net‑zero, powered entirely by renewable energy and equipped with advanced cooling to support generative...
The Dow Jones slipped Thursday as investors weighed fresh earnings reports and a sharp rally in oil prices. Brent crude surged up to $72 a barrel, its highest level since the summer, driven by heightened geopolitical tension surrounding U.S. naval...
The UK’s AR7 renewable auction awarded 14.7 GW of new capacity, split between 8.4 GW offshore wind, 1.3 GW onshore wind, a record 4.9 GW of solar, and 20 MW of tidal projects. Onshore wind contracts were priced at £72.24/MWh, roughly half the cost of...
Queensland’s Liberal‑National government announced a $50 million Community Benefits Fund to support housing, water and infrastructure projects along the CopperString transmission corridor. The fund includes $4.285 million for Flinders Substation‑related works and $1 million for water‑sewer design, complementing a $2.4 billion budget allocation for...
The episode examines the upcoming launch of Nord Pool's electricity futures contracts and the resulting scramble for liquidity across the Nordic power curve, with Nord Pool CEO Tom Darrell and EEX CEO Peter Reitz debating who will dominate. It also...
FCAS (Frequency Control Ancillary Services) prices in Australia’s NEM have plummeted since late 2023, falling to well below $2/MW h after a multi‑year decline. The collapse coincides with a rapid expansion of registered FCAS capacity, driven largely by utility‑scale batteries, demand‑response...
Scientists at the University of New Hampshire used artificial intelligence to compile a searchable database of 67,573 magnetic compounds, uncovering 25 previously unknown high‑temperature magnets. The AI system extracts experimental data from literature, predicts magnetic behavior, and records temperature thresholds....
Li‑S Energy, a Brisbane‑based battery innovator, has received the first $1.9 million tranche of a $7.86 million grant from the Australian Renewable Energy Agency (ARENA). The funding will support engineering work and a feasibility study for a gigawatt‑scale factory capable of producing...
University of Surrey researchers discovered that retaining water in sodium vanadium oxide dramatically boosts sodium‑ion battery performance. The hydrated nanostructured sodium vanadate (NVOH) stores nearly twice the energy of conventional cathodes, charges faster, and remains stable for over 400 cycles....
Russia’s foreign ministry asserted that India has not altered its policy on buying Russian crude, emphasizing the mutual benefits of the trade. However, Indian import data for January 2026 shows a 40.5% drop in total merchandise from Russia, with crude...
Oregon's Residential and Manufactured Structures Board approved updates to the state residential energy code, requiring new homes to install energy‑efficient heat pumps instead of traditional ducted air‑conditioning. The code change is projected to save homeowners about $125 per month, or...
The number one source of electricity on the grid is natural gas. Its price has fallen since 2010. Meanwhile, electricity prices have gone up significantly. This shouldn't happen. This is the direct result of anti-fossil-fuel policies based on the dangerous and false belief that...
U.S. refiners want to cut out traders & Chevron from Venezuelan crude purchases. They see the Trump setup as a RIP OFF Barrels now must move thru an elite club of approved middle men. Want to bet there's a grift component flowing to...
EnergyX has launched one of North America’s largest roll‑to‑roll ion‑exchange membrane production lines at its Austin, Texas facility, delivering up to 500,000 square meters of membranes per year. The new plant enables in‑house manufacturing of the core component for its...
Excellent exchange with Korea's Vice-Minister of Climate, Energy & Environment Hohyeon Lee at the #IEAMinisterial We had a wide-ranging discussion on 🇰🇷's energy priorities, including energy & AI, energy security, technology supply chains, upgrading the power grid & nuclear https://t.co/1GKQdBGKMH
#Mission300 is strengthening grids across #Africa. For example, a 225 kV transmission ring now links Guinea to Senegal, The Gambia and Guinea-Bissau. This transmission ring is a vital component of the West African Power Pool, which spans 14 countries. https://t.co/kWAgiIv7Oa https://t.co/T8tpU9C76L
Los Angeles County prosecutors are examining whether Southern California Edison (SCE) bears criminal responsibility for the Eaton wildfire that killed 19 people and razed much of Altadena. Edison’s CEO cited a century‑old, idle transmission line that may have re‑energized and...
EU GAS STORAGE facilities are now less than one-third full, with more than a month of the winter heating season probably still ahead. Storage facilities were on average 32.5% full on February 17, the second lowest seasonal fill in records...
One of the best deep dives I’ve seen recently is on the “boring” propane industry, by Emeth Value Capital. Covers regulation, supply & demand, and detailed public company breakdowns. Also part of the $SPB.TO pitch. If you like learning new industries, this...
I doubt many people have any idea what you mean by “the built in double tail” or how that relates to my post on oil prices and geological fear about the Iran situation @B2Balzer
If the US strikes Iran, it won’t be a weekend event, writes @TheMichaelEvery Retaliation risks include terror cells in Europe The broader Middle East is flammable Energy markets are rightly pricing tail risk—but the real question is duration, not ignition #OilMarkets #Iran #Geopolitics...
Jupiter International doubles solar cell manufacturing capacity to 2 GW in India #energysky -- via pv magazine global: https://t.co/N7yACehDbe
LNG exports volumes are now higher than gas for US homes or businesses The public is subsidizing corporate oil & gas company profits. Long live Make America Great Again https://t.co/cKeIFab7A4 #NaturalGas #LNG #EnergyMarkets #ElectricityPrices #USPolitics #EnergySecurity
Another NSW battery sent for independent review by interstate and long-distance objectors #energysky -- via Renew Economy: https://t.co/4Yc1aJjiuA https://t.co/QBPyuoR6kC
China hasn’t stopped buying U.S. LNG It’s just not burning it at home. Long-term contracts still bind the two systems Flexible LNG markets let China arbitrage politics by diverting cargoes to Europe. Does anyone on Team Trump know this? https://t.co/CacMbcaSMk #LNG #China #EnergyMarkets #Geopolitics #TradeWar #NaturalGas
Trump tariffs couldn’t save a major U.S. aluminum smelter Smelting lives or dies on cheap, reliable power AI and data centers now outcompete metalmaking for electricity. Tariffs are the minor leagues. Energy is the big show. https://t.co/z7ZanDwxd5 #Aluminum #EnergyPolicy #Manufacturing #AI #Trade #PowerMarkets
Oil rallied on fear Iran headlines + Israel alerts = instant risk premium in a tight market But geopolitics don't matter. Except they do in small continuous increments that convert to a steady aggregate premium. https://t.co/6vQGj7YEmu #OilMarkets #Geopolitics #Iran #EnergySecurity #crudeoil
UL Solutions develops new standard for solar inverter cybersecurity #energysky -- via Solar Power World: https://t.co/TvHlobdGEg
On-site fossil generation is quickly becoming a big liability for data center developers. At Firma Power, we're supplying clean power solutions for grid connected data centers and a real alternative to this polluting path to power.
Octopus acquires California solar-plus-storage project as part of US$1 billion investment #energysky -- via pv-tech: https://t.co/Cv3DZMxKvt
Battery storage can help establish a new era of European energy resilience #energysky -- via Energy Storage News: https://t.co/H4SPIjSkjN
Libya is cutting Russia out of its oil trade Fuel imports are shifting away from Russia toward large Western traders Sanctions didn’t “punish” Libya into changing behavior. They reshaped who gets paid. https://t.co/pmKRlqgEK1 #OilMarkets #Libya #EnergyGeopolitics #Sanctions #OPEC #crudeoil
NREL researchers quantify UV-induced degradation levels in TOPCon solar cells #energysky -- via pv magazine usa: https://t.co/xLGnfYrybS
States sue Trump administration for blocking funded renewable projects Congress approved the money. The White House froze it. Now states are daring the courts to decide if the Constitution still stands. https://t.co/rYIh7fS9kw #ClimatePolicy #Federalism #EnergyPolitics #IRA #USPolitics
Australia commissions 4.9GWh of grid-scale batteries in 2025, matching entire 2017-2024 output #energysky -- via Energy Storage News: https://t.co/xEhWE79UGs
