Today's Energy Pulse
Scania pilots vehicle‑to‑grid power for heavy‑duty electric trucks
Scania showcased one of the first V2G systems for heavy‑duty electric trucks using the Megawatt Charging System (MCS). The pilot demonstrated bi‑directional power flow, letting trucks feed stored electricity back to the grid while parked, with real‑time communication enabling dynamic charging and discharging. The company also opened orders for trucks equipped with an extra battery pack and MCS.
Also developing:
California Natural Gas Prices Collapse to Historic Lows Amid ‘Perfect Storm’ of Oversupply
California’s PG&E Citygate natural gas cash price plunged to a historic $1.165 per MMBtu, the lowest level in 25 years, as a three‑basin supply glut erased the premium built earlier in the year. The Henry Hub winter 2026/27 strip fell more than 80 cents, marking its lowest point since before the recent freeze. Oversupply from the Permian, Rockies and Canadian fields, combined with mild shoulder‑season demand, drove the price collapse. Meanwhile, Aliso Canyon storage is expected to be depleted by the end of April, removing a key buffer for the state’s gas market.
States Rush to Build Clean Energy Projects to Tap Expiring Incentives
U.S. states are accelerating large‑scale renewable projects to capture a 30% federal investment tax credit that expires soon. California, Colorado, New York, New Jersey, Minnesota and Oregon are fast‑tracking solar, wind and battery‑storage builds that must break ground by July 4 and finish...
Strait of Hormuz Reopens—Durability and Ship Commitment Key
The reported reopening of the Strait of Hormuz by Iran is undoubtedly a welcome relief for the global economy. Needless to say, its true impact depends on the durability of this reopening, which will require sustained confidence-building measures from all three...
Biden Record Intact. The Energy Report 04/17/2026
U.S. gasoline prices slipped 1.7 cents to $4.09 per gallon, yet remain 90.9 cents higher than a year ago as geopolitical tensions ease. A truce between Israel and Lebanon and a U.S. blockade of the Strait of Hormuz have reduced...
Empty LNG Tankers Attempt Hormuz Crossing Into Persian Gulf
Two liquefied natural gas tankers, Al Hamra and Mraweh, owned by Abu Dhabi National Oil Co., were spotted heading toward the eastern side of the Strait of Hormuz. Their movement marks the first attempt by LNG vessels to enter the...
White House Pushes Space Nuclear Reactor Investments by 2030
The White House is telling you exactly where to invest. They want nuclear reactors in space by 2028 — and on the Moon by 2030. $CCJ $RKLB $GEV $UUUU $LEU $BWXT $SMR $OKLO $MDA Don't overthink it.
Hormuz Reopens, Markets Surge as Oil Plummets
STRAIT OF HORMUZ IS OPEN. WAR IS OVER?! Iran reopens the Strait. Oil down -13% $SPX at record highs. $NDX logs its longest win streak since 2009. Dollar easing, gold and $BTC ripping The single biggest lock on markets just cleared. US-Iran...
FERC Tees up June Decision on Data Center Interconnection Reform
The Federal Energy Regulatory Commission announced it will issue a decision in June on the Department of Energy’s proposed reforms for interconnecting data centers and other large loads to the transmission grid. The commission emphasized a swift, efficient, and legally...
Strait of Hormuz Reopening for Commercial Traffic, Trump and Iran Say
Iran announced the Strait of Hormuz is fully open for commercial vessels, aligning the move with a 10‑day cease‑fire between Israel and Lebanon brokered by President Trump. The reopening follows a week‑long U.S. blockade that aimed to pressure Iran over...
The Hydrogen Stream: Levelized Cost of Hydrogen at Mediterranean Ports Can Be as Low as €2.5/kg for Hybrid Systems
A University of Naples study shows that producing hydrogen at Mediterranean ports could cost $6.5‑10.1 per kilogram using only renewables, and as low as $2.9 per kilogram in hybrid grid‑supported systems. Solar power delivers the most consistent capacity factor (18‑24%)...
Gulf Oil Loss Hits Half‑billion Barrels, 900M‑barrel Cost
As of today, just more than a half billion barrels of oil that were supposed to be produced in the Gulf this year have not been thanks to the closure of Hormuz and forced shut-ins. Using the optimistic assumption that Hormuz...
Heat Pump Sector Urges Policy Clarity to Unlock Non-Domestic Adoption
The Heat Pump Association UK (HPA UK) is urging the government to provide a clear, national strategy for electrifying non‑domestic heating. While 125,000 heat pumps were sold in 2025, the majority are installed in homes, leaving commercial and industrial uptake minimal....
Insurance Costs Jump up to 17 Times Amid Middle East Conflict - MOF
Malaysia’s Ministry of Finance warned that the Middle East conflict has driven insurance premiums up to 17‑fold and shipping costs to triple, compounding the recent surge in petroleum prices. The heightened risk has forced vessels onto longer routes, inflating fuel...
World’s Largest Electric Container Ship — 10 Questions That Actually Matter
China has launched the Ningyuan Diankun, a 10,000‑ton all‑electric intelligent container ship, marking the world’s largest vessel of its kind to enter commercial service. The ship runs solely on battery power, eliminating diesel engines and delivering substantial emissions reductions. It...
Local Architect Guides Hitchin Home Renovation to Modern, Energy‑Smart Living
A Hitchin family completed a full‑scale home renovation in December 2025, working with local firm MSAD. The project, driven by a clear vision and hands‑on homeowner management, added solar panels, expanded living space and lifted the property’s market value.
FTSE 100 Jumps as Strait of Hormuz Fully Open Following Ceasefire
Iran announced the Strait of Hormuz is fully open for commercial vessels amid a ceasefire between Israel and Lebanon. The news lifted risk sentiment, sending the FTSE 100 up 0.5% to 10,645 points, while travel stocks such as EasyJet and...
Fossil-Fuel Investments Are a Fiduciary Risk
The Iran war has reignited concerns that fossil‑fuel exposure is a geopolitical liability for African investors. Volatile oil prices are pressuring local currencies and threatening the balance sheets of banks, trustees and asset managers. The article argues that fiduciary duty...
Iran Foreign Minister Makes Major Energy Announcement
Iran’s foreign minister Abbas Araqchi announced that the Strait of Hormuz will remain open to all commercial vessels for the remaining days of the 10‑day ceasefire between Israel and Hezbollah. The declaration triggered an 11.2% drop in Brent crude, pulling...
Eagle Nuclear Energy Launches $27,000-Foot Drill Program at Aurora Uranium Project
Eagle Nuclear Energy Corp. (NASDAQ:NUCL) has signed a drilling services agreement with Harris Exploration Drilling to start a 27,000‑foot, 47‑hole program at the Aurora uranium project on the Oregon‑Nevada border. The summer campaign is intended to close data gaps and...
SAPVIA and City Power Forge Collaborative Path for Sustainable Solar Energy in Johannesburg
The South African Photovoltaic Industry Association (SAPVIA) and Johannesburg’s City Power met on 16 February 2026 to tackle a growing backlog of Small‑Scale Embedded Generation (SSEG) registrations dating from 2022‑2025. SAPVIA pushed for a fast‑track, digital‑first framework to clear legacy applications and...
Ken Griffin Warns Prolonged Hormuz Shutdown Could Trigger Global Recession
Citadel founder Ken Griffin warned that a sustained shutdown of the Strait of Hormuz would force the global economy into a recession, citing oil prices hovering above $100 a barrel. His stark outlook, delivered at the Semafor World Economy conference,...
Ankara Proposes Grand Rewiring of Middle East Energy Export Map Amid Hormuz Blockade
Turkey’s energy minister unveiled a suite of five overland pipeline projects—spanning Qatar, the Caspian, Syria, Iraq and a Saudi‑Turkey electricity link—to create alternatives to the Strait of Hormuz, which has been effectively shut after Iran’s retaliation to the US‑Israeli conflict....
Oil Price Plunge Lifts Stocks and Bonds
Oil prices just dropped sharply in reaction to this Bloomberg headline, boosting both stock market indices and bond prices (i.e., lower yields). #economy #markets #energy #oil
Trump Issues Four Pipeline Permits to Boost US‑Canada Crude Flow
President Donald Trump signed four federal permits on April 15, authorizing a new Bakken Pipeline and operational approvals for Enbridge subsidiaries. The permits cover all crude and refined petroleum products, signaling a push to expand North American oil infrastructure amid...
Oil Prices Swing as Hormuz Tensions and Ceasefire Hopes Roil Markets
Crude oil prices jumped and fell within 24 hours as U.S. President Donald Trump signaled possible weekend talks with Iran, a 10‑day Israel‑Lebanon ceasefire lifted optimism, and the threat of a Strait of Hormuz closure kept traders on edge. Brent...
Will Tucson Take Back Its Power — Literally?
Tucson Electric Power's 25‑year franchise is ending, forcing the city to decide whether to renew the private contract, negotiate a multi‑billion‑dollar buyout, or launch its own municipal utility. A city‑commissioned feasibility study suggests public ownership could save households up to...
US Power Purchase Agreements Reach Record Prices: LevelTen
North American renewable power purchase agreements hit record highs in Q1 2026, with wind contracts averaging $79.40 per megawatt‑hour and solar at $64.49. Prices have risen 13% for solar and 24% for wind compared with a year ago, driven primarily by...
US Diesel Traders Turn to Rail as War Scrambles Fuel Flows
In March, U.S. diesel traders dramatically increased rail shipments, delivering 9,112 railcars to terminals—a near‑10% rise year‑over‑year. The surge follows the Iran‑Israel war that has effectively closed the Strait of Hormuz, tightening global crude supplies and prompting Midwest refiners to...
U.S. Natural Gas Exports Surge as LNG Buildout, Mexico Pipeline Demand Grow
U.S. natural gas exports are projected to reach 20.5 billion cubic feet per day by 2027, driven primarily by new liquefied natural gas (LNG) capacity coming online. Pipeline shipments to Mexico are also rising as the neighboring country’s power sector increasingly...
Dajin, Zhengli Eye Vessel Retrofit for European Offshore Wind Market
Dajin Heavy Industry and Zhengli Marine Engineering have signed a strategic cooperation framework to retrofit Zhengli’s 3,500‑ton offshore wind installation vessel for the European market. The partnership will evaluate feasibility, pursue joint R&D, and target long‑term market expansion across Europe....
Portions of Trina Solar TOPCon Patents Deemed ‘Unpatentable’
U.S. Patent and Trademark Office’s Patent Trial and Appeal Board issued final written decisions finding that key portions of Trina Solar’s two TOPCon patents are unpatentable. As a result, Runergy and Canadian Solar are cleared of infringement claims, while Adani...
LNG Prices Surge, Boosting US Exports and China's Renewables
Liquified Natural Gas (LNG) is 600x more dense than the gas when it is extracted. Prices have doubled after the war and it seems to have 2 major beneficiaries: US short term: higher demand for its LNG exports China: higher demand for...
After 2 Years, Ratepayer Pain and Political Fallout From Georgia’s Nuclear Plant Vogtle
Georgia Power finished the Vogtle nuclear expansion in April 2024, but the project delivered a near‑25% rate increase for customers due to $36 billion cost overruns. Regulators allowed the overruns to be passed directly to ratepayers without a full prudency review,...
Plan for Long-Term Energy Crisis, Protect Low‑Income Consumers
The best way to make this energy crisis a short one is to plan for it to be a long one @energyconnects_ - Protect low-income consumers - Don't subsidise energy - Don't ban fuel exports - Boost EVs, public transport, renewables, nuclear restarts -...
Eight‑Dollar Spread Signals Diverging Crude Market Narratives
WTI crude settled at $91. Brent bounced back above $99. An $8 spread between global and US benchmarks is not noise — it's signal. The crude market is telling two different stories at once. Which one do you believe? https://t.co/oQckA8E8yd
Kruger Breaks Ground on 196MW Saint-Paul-De-Montminy Wind Farm
Kruger Energy has broken ground on the 196 MW Saint‑Paul‑de‑Montminy wind farm in Quebec, slated for operation by December 2027. The project, costing over C$580 million ($423 million), will feature 28 turbines and a power purchase agreement with Hydro‑Québec. Construction will generate more than...
Six‑Month Iran Deal Raises Strait‑of‑Hormuz Uncertainty
Europe and Gulf leaders thin six months for Iran war deal. If so, will the Strait stay open? For all?
Energy Prices Slide 8‑12% Across Oil and Gas
Crude oil, refined products, natural gas down 8%-12% (yeah, yeah, I hear you: nothing is moving yet, and in the physical market diffs remain sky high, and so on and so forth...)
Will We Finally Buy European PV Modules?
The Becquerel Institute’s new column argues that Europe’s solar‑module outlook is moving from decline to a narrow window of opportunity, driven by rising energy prices and the Net‑Zero Industry Act (NZIA) that creates partially protected domestic markets. While 60% of...
UK Greenlights Record 800 MW Solar Despite Opposition
UK government approves record 800 MW solar plant over local opposition #energysky -- via pv magazine global: https://t.co/ckn5YEaTbJ
Iran Still Controls Hormuz Traffic Despite Apparent Openness
Hormuz is not “open” Iran controls who moves, how fast, and at what cost. “Open” means the Strait isn’t being actively shut down—but it is still being controlled, filtered, and weaponized. https://t.co/xmJBlNnGw0
Decentralised Grid Needs a New Kind of Energy Market or Costs Will Rise
Elexon warns that the UK electricity market must evolve to match a rapidly decentralising grid, where distributed generation has risen from 15% in 2011 to roughly 36% today. It argues that current pricing, focused on transmission, is driving higher redispatch...
World Faces Challenge Absorbing China's Battery Boom
Can the world absorb what China's battery industry is building?. Read more and sign up to my newsletter here: https://t.co/EN15ZiyZDd https://t.co/SWx3eqNS0l
Oil Prices Plunge 9% After Iran Reopens Strait of Hormuz
Oil prices tumble more than 9% as Iran declares Strait of Hormuz open: CNBC https://t.co/mYD8fplFVa
FERC Orders $1.1B Penalty for Energy‑efficiency Fraud
FERC orders American Efficient to pay $1.1B for ‘brazen fraud’ Finally, many of PJM payments for Energy Efficiency described as the result of Brazen Fraud. I deeply questioned those payments.I'm not FERC, so I didn't say "fraud." https://t.co/brljw2yqmn via @UtilityDive
EPA Finalizes 2026‑27 RVO Rule; Market Analysis Begins
1. The EPA released the final 2026-2027 RVO rulemaking for the RFS a couple of weeks ago. It is time to go back to work on what it all means for the markets. Our first installment was published...
Six States Accelerate Renewable Energy Project Approvals
California, Colorado, Minnesota, New York, New Jersey and Oregon are among the states expediting renewable energy projects. https://t.co/KftgZHgZHv
Oil‑Linked Quiz Numbers Explain Today's Price Action
3 of the 4 numbers in Friday's Quiz are related to oil- A date. And how it makes sense for today's price action https://t.co/huwi6uAE47
European Power Prices Dip Below Pre‑War Levels This Week
European power prices are set to close the week below pre-war levels https://t.co/PaFKb2KO50 via @EamonFarhat https://t.co/e6n03nMxPn
Deutschland Ticket’s CO2 Savings Overpriced by 20‑fold
For €3bn per year from state and federal budgets, this would be €1,200 per ton of CO2 saved, or 20x the current EU-ETS carbon price. From 2026, full integration of motor fuels into Germany's national ETS scheme should absorb any CO2...