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
In a single trading session, investors who bought a USO 120‑130 call spread posted an 8.2% return, driven by bullish technical signals and a favorable options skew. The trade underscores a high‑impact, short‑term tactical play on the United States Oil Fund as oil prices show upward momentum.
Singapore and ten fellow members of the Future of Investment and Trade (FIT) Partnership issued a joint statement on March 31 to share information and coordinate policies that preserve open, diversified and resilient supply chains. The pact follows the recent...
U.S. oil production after the war ends U.S. oil production is unlikely to rise much as a result of the war with Iran and closure of the Strait of Hormuz unless the interruption of oil supplies and rise in prices proves...
BP announced Meg O'Neill as its new chief executive, making her the first woman to lead a top‑five oil major. At the same time, former BP CEO John Looney has been named CEO of Prometheus, the Wyoming‑based data‑center developer behind...
The Iran war has sent Brent crude to $118 a barrel, lifted Eurozone inflation to 2.5% in March and knocked the U.S. dollar index 0.6% lower. Energy‑price shocks are now the dominant driver of price pressures across Europe and are...
Esri Ireland’s ArcGIS platform has automated NIE Networks’ map‑request workflow, allowing citizens and contractors to obtain proximity maps for electricity infrastructure within an hour instead of up to ten days. The new online portal handles roughly 6,000 annual requests, cutting...
Power availability, not land or capital, is now the primary constraint on U.S. data‑center expansion. The Department of Energy estimates that half of the 100 GW of new peak capacity needed by 2030 will be driven by data centers, while developers...
Almost half of US data centers planned for 2026 are expected to be delayed or canceled. One big reason is the shortage of electrical equipment, such as transformers, switchgear and batteries. US doesn't have manufacturing capacity, forcing it to rely...
Canada’s Natural Resources department has earmarked roughly $21 million USD for 12 clean‑energy projects, including more than $11.7 million USD directed to three Prairie‑based initiatives. Carbon Alpha in Calgary will receive about $7.3 million USD to develop seismic‑survey technology for carbon‑capture measurement in...
Coal India’s FY26 coal output fell 1.7% to 768.1 million tonnes, missing its 875 mt target by a wide margin. Four of its seven subsidiaries—BCCL, CCL, WCL and MCL—recorded production declines, largely blamed on heavy rains in Jharkhand and Maharashtra. Offtake also...
Chile’s Energy Minister Ximena Rincón used the RE+ Southern Cone Summit to urge a shift from a passive to a proactive stance on renewables, storage, and electrification. She highlighted recent policy steps such as net‑billing legislation and stressed the need...
National Grid has launched a tender for a one‑year framework to install high‑voltage cable circuits across its UK network, valued at about £80 million (approximately $100 million) excluding VAT. The contracts cover 66 kV and 132 kV cables, with possible lower‑voltage work, jointing, testing,...
Valar Atomics, a California startup founded by 27‑year‑old Isaiah Taylor, announced a $450 million financing round that values the company at $2 billion. The capital mix includes $340 million in equity and $110 million in debt, following a $130 million Series A five months earlier. Valar’s...
The Zacks research notes that U.S. coal consumption is expected to drop 7.4% in 2026 and 2.9% in 2027 as utilities shift to renewables and natural gas. The industry’s Zacks rank falls to #236, placing it in the bottom 3%...
US Modules has launched its first solar panel assembly line in College Station, Texas, capable of producing 400 MW of utility‑scale panels per year. Backed by Carey International Group, the 150,000‑sq‑ft facility can expand to 1.4 GW annual output, with a second...
Vertical Aerospace has put into operation a 15,000‑square‑foot battery pilot production line at its Vertical Energy Centre (VEC), featuring automated aerospace‑grade manufacturing that delivered up to 1.4 MW of peak power during flight tests. The line will assemble battery packs for...
America’s Power disputes a Utility Dive op‑ed that coal plants are unreliable and costly to keep. It cites Energy Ventures Analysis showing that replacing retiring coal with wind would add about $5 billion per year to ratepayers, while solar would be...
New York City announced a major expansion of its public electric‑vehicle charging network, adding roughly 200 fast‑charging stations across boroughs and bringing the total public chargers to about 1,500. The rollout is funded by a $50 million city allocation combined with...
The EPA announced a waiver that extends the sale of E15 gasoline—fuel blended with 15% ethanol—well into the summer months, aiming to shave up to $0.25 off the pump price. While E15 is already available in some regions, its limited...
The U.S.-Israeli conflict with Iran is spilling into Iraq, where rockets and drones have struck near Baghdad and Erbil, disrupting daily life. Oil exports are faltering after Iranian attacks on tankers and a force‑majeure declaration on foreign‑operated fields, threatening the...
In this episode of the Sound of Economics, Montenegro’s Minister of Energy and Mining, Admir Shachmanović, outlines the country’s strategy to become a regional renewable energy hub and integrate its electricity market with the EU ahead of formal accession. He highlights...
Saudi Aramco is close to awarding two major offshore tenders, CRPO 154 and 155, for the Safaniya field expansion, with a combined value of about $600 million. Italian contractor Saipem has emerged as the frontrunner for these contracts and already secured CRPO 156,...
India’s electricity consumption in March 2026 rose modestly by 1.8% to 149.56 billion units, driven by unseasonal rains that kept temperatures low. Peak power demand reached 238.37 GW, a slight increase from February’s 235.22 GW. The all‑time high of 250 GW recorded in May...
Eric Nuttall, senior partner at Ninepoint Partners, warned that the United States could face oil shortages within weeks if the war involving the U.S., Israel and Iran keeps the Strait of Hormuz closed. The conflict has already removed more than...
Germany’s 2025 grid‑congestion report shows that total management measures held steady at roughly 30,300 GWh, while overall costs edged up about 4% to $3.38 billion. Quarterly data reveal a 9% drop in Q4 measure volume and an 18% cost decline, driven by...
On March 4, 2026 seven leading tech firms—including Amazon, Google, Meta, Microsoft, OpenAI, Oracle and xAI—signed the White House Ratepayer Protection Pledge, promising their data centers won’t raise household electricity costs. The pledge relies on behind‑the‑meter (BTM) self‑generation, allowing companies...
Iran is still heavily sanctioned by the US, which complicates the payment of any tolls for passage through the Strait of Hormuz, both today or in a future where Tehran maintains some control of the Strait Wouldn't be surprised to see...
Michigan approves 1.3 GW BESS portfolio, including contested Oracle data center assets #energysky -- via pv magazine usa: https://t.co/SXEfi3Pp5u
U.S. gasoline prices hit $4 per gallon in March 2026, the highest level since August 2022. Analysts warn that if the Iran conflict persists through the summer, crude could surge to $200 a barrel, pushing pump prices toward $7 per...
AGL reaches FID on new peaking plant that will just about pay for itself without ever being switched on #energysky -- via Renew Economy: https://t.co/P7XirELxt0 https://t.co/SWzJmF1wbM
Using more of the grid we’ve already built #energysky -- via Volts/David Roberts: https://t.co/f0TdRT19Bj https://t.co/nR8WVvUHdJ
Juwi commissioned two new Vestas V162 turbines at the Minfeld wind farm, each rated at 6 MW, replacing four 1.5 MW units from 2004. The repowering boosts annual generation to roughly 30 GWh—enough for about 10,000 households—and lifts output by a factor of...
Japan is trying to encourage its private companies to invest more in overseas LNG supply 🇯🇵❤️🚢 The government launched a new scheme that will offer faster return on investment for LNG projects via state-backed JOGMEC. A key criteria is that the LNG...
Pexapark: Middle East conflict could increase European solar PPA prices by 35% #energysky -- via pv-tech: https://t.co/V7vYLlm1b0
Indonesia’s government has rolled out emergency measures to curb a worsening energy crisis, including a push for remote work, reduced subsidies and scaling back free school meals to conserve fiscal resources. Economists and business groups warn that these austerity steps...
Tracked Semi-Humanoid #Robot Enters Solar Farms for Smarter Installation and Inspection by @CyberRobooo #Robotics #Engineering #ArtificialIntelligence #Innovation #Technology https://t.co/AaZYpNM75C
100-hour LDES battery technologies from Form, Noon and Ore: how do they compare? #energysky -- via Energy Storage News: https://t.co/CjiddvgGDw
When looking at the oil market: Brent **June** futures (settled at the end of April): That's trading at ~$102 a barrel. But physical Brent market for prompt delivery: That's trading at ~$125 a barrel. There's a big difference depending on when a refinery needs...
Green steel, data centres and hydrogen push South Australia’s electricity demand toward 50TWh by 2040 #energysky -- via pv-tech: https://t.co/CtFApHKWU6
Petrodollar (or lack of them) update: Saudi 2025 balance of payments data is out, and the Saudi "current account" break even oil price (based on ~ 7 mbd in exports of crude/ product) is still right around $100 a barrel 1/
US Modules opens solar panel assembly plant in east-central Texas #energysky -- via Solar Power World: https://t.co/5vjljqcFwu
Pacific Islands energy crisis: One country faces fuel import bills three times its healthcare budget #energysky -- via Renew Economy: https://t.co/N00HEnovpH https://t.co/UtxPetaA8W
What tells a clear story? Crude oil prices = No Product prices = Yes... https://t.co/Ltyf8VQx12
Road Ahead 1. Data Centers, $2.5T Capex. 2. $2T US Power Grid Rebuild - copper, aluminum. 3. Currency Debasement: USA $1.9% Defecit / 6.2% of GDP vs 3% average last 40 years. 4. Re-Build: Gaza, Iran, Ukraine, Israel - copper. 5. Robotics -...
US installs record 18.9 GW of energy storage in 2025 #energysky -- via pv magazine global: https://t.co/y8DCRggizl
2nd tarde of the day here with $USO and #OIL short here. so far so good. 🫡💥 https://t.co/qXhkRgCEbx
Amen. This is what Firma Power is focused on delivering clean firm portfolios of grid-connected assets. This is the way...
#Ethanol stocks fall to 26.0 million barrels in the week ending March 27, down from 27.2 million barrels the previous week, and down from 26.6 million barrels in the same week last year. #corn #oatt
This is a great read about how to think about what's happening with oil and Hormuz - and ultimately with the world economy. The headlines are all over the place, but these 4 signals can tell you what's really happening.
Oil (USO) interesting trade September 2027 as the $140/$135/$115/$110 Iron Condor trades 1000X expecting a 115-135 longer-term range to hold
