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:
ADB, Singapore Renew Partnership to Accelerate Cross-Border Clean Energy in Southeast Asia
The Asian Development Bank (ADB) and Singapore’s Energy Market Authority (EMA) have renewed a three‑year memorandum of understanding to accelerate cross‑border renewable energy and grid‑interconnector projects across ASEAN. The partnership will focus on overcoming barriers such as project bankability, risk allocation, and subsea cable complexities. ADB has pledged up to $10 billion over the next decade to the ASEAN Power Grid, while a broader $70 billion regional connectivity push was announced this month. The renewed MOU aligns with Singapore’s goal to secure clean electricity imports and supports the wider vision of a fully integrated Southeast Asian power network.
HSBC Launches $4 Bn Credit Facility to Fund Chinese Clean‑tech Exporters
HSBC has opened a $4 bn Sustainability and Transition Credit Facility to finance Chinese clean‑technology firms expanding overseas. The line targets solar, batteries, electric‑vehicle and data‑centre exporters, a move timed with heightened demand driven by the Iran war and global energy‑security...
State Leaders Can Avert Coming Blackouts
U.S. states face looming blackouts as aging baseload plants are retired for intermittent renewables while data centers consume ever‑greater power. The article outlines two concrete actions: incentivizing grid‑scale storage and modernizing transmission, and regulating data‑center energy use through demand‑response and...
NextEra Energy to Acquire Dominion for $67 B, Forming Largest U.S. Utility
NextEra Energy agreed to buy Dominion Energy in a roughly $67 billion transaction, creating a $250 billion utility that will be the largest power company in the United States. The deal gives NextEra control of the nation’s biggest data‑center customer base and...
DOE Issues Revised Title 17 Loan Program Guidance
On May 13 2026 the DOE Office of Energy Dominance Financing issued revised guidance for the Title 17 loan‑guarantee program. The update, driven by the One Big Beautiful Bill Act and the Trump administration’s priorities, pivots the program toward high‑impact energy and manufacturing projects, especially Energy...
Norway’s Sovereign Wealth Fund — Built Entirely From Oil Revenue — Is Now the Single Largest Investor in the Global...
Norway’s Government Pension Fund Global, built from oil and gas revenues since 1996, now owns roughly 1.5 % of every publicly traded company, covering about 9,000 firms worldwide. The fund’s principal is untouchable, with only projected returns used for the national...
Texans Accuse Japan of Doing ‘Deal with the Devil’ by Funding US Fossil Fuel Projects
Texas community groups traveled to Tokyo to confront Japan Bank for International Cooperation (JBIC) and Nippon Export and Investment Insurance (Nexi) over their role in financing a new crude‑oil export terminal and an LNG expansion in Freeport, Texas. The Japanese...
Room-Temperature Hydrogen Storage of Boron Nanoclusters
A team of Chinese and Australian researchers demonstrated that boron nanoclusters can store hydrogen at room temperature, achieving reversible uptake without the extreme pressures or temperatures typical of conventional hydrides. Molecular dynamics and COHP analyses revealed that Ni‑decorated clusters promote...
Cuba Begins Installing Turbines at Herradura 1, Its Largest Wind Farm
Cuba has begun erecting turbines at Herradura 1, the island’s largest wind farm, marking the first physical step after a decade of delays. The project will initially install 22 Goldwind GW77/1500 turbines, delivering roughly 34 MW of capacity, with a full 34‑turbine,...
Bond Market Vetoes AI‑driven Megadeal, NextEra Drops 6%
NextEra fell 6% today on announcing its own $67 billion megadeal to buy Dominion — the largest power-utility takeover in U.S. history. Read that twice. When the most AI-bullish stock-funded merger of 2026 can't get a green tape on day...
Sydney Ferries to Go Electric Amid Jostle for Power Points
The New South Wales government announced a trial electric ferry to serve the short‑hop route between Sydney Fish Market and Barangaroo. Contracts have been signed with shipyard Richardson Devine Marine to begin construction this year. The move complements NSW’s broader push to...
Power Giants NextEra Energy and Dominion Energy Eye $67B Link
NextEra Energy announced a stock‑heavy acquisition of Dominion Energy valued at roughly $67 billion, forming the largest U.S. electricity producer. The combined company will serve about 10 million customers and own a portfolio of megaprojects across the East Coast. Post‑deal market capitalization...
The Strait of Hormuz Crisis Is Cracking the Petrodollar System
The 13‑week closure of the Strait of Hormuz has cut roughly one‑fifth of Gulf oil exports, forcing Asian importers to seek direct, often opaque, agreements with Gulf producers and Iran. Tankers are slipping through the waterway with AIS off, while...
Canadian Solar Names Colin Parkin CEO, Founder Shawn Qu Shifts to CTO Role
Canadian Solar announced Colin Parkin as its new chief executive and moved founder Dr. Shawn Qu to a dual role as executive chairman and chief technology officer. The reshuffle, unveiled with Q1 2026 results, aims to leverage Qu’s technical expertise...
Mitsubishi Power and Tallgrass Launch $7 B AI Energy Hub in Wyoming
Mitsubishi Power Americas and Tallgrass Energy have unveiled a $7 billion, 1,150 MW Cheyenne Power Hub in southeast Wyoming. The project will deliver dedicated gas‑turbine power for AI‑focused data centers, reducing pressure on the regional grid and creating over 100 long‑term jobs.
EnerSys Launches AlphaCell™ 4.0HP+ Battery to Improve Replacement Interval Stability in Outdoor Communications Networks
EnerSys announced the launch of its AlphaCell™ 4.0HP+ battery, a Thin Plate Pure Lead (TPPL) solution built for outdoor and edge communications networks. The battery is engineered to boost electrochemical stability and extend replacement intervals, addressing the growing demand for...
SJVN Names Parthajit De CFO as Renewable Power Firm Gears Up for Capital Expansion
SJVN Limited announced that Parthajit De will assume the role of chief financial officer on April 10, 2026. The veteran finance executive, formerly director of finance at SJVN and a long‑time NHPC leader, brings nearly 30 years of experience in...
Engie Chile Launches $69 Million 57 MW Battery Tied to Kallpa Wind Farm
Engie Chile has commissioned a 57 MW/285 MWh battery energy storage system (BESS) at the Kallpa wind farm in Taltal, investing roughly $69 million. The hybrid installation stores surplus wind power and feeds it back to the grid during peak demand, underscoring the...
BATTERIES: FleetZero Aims to Help Rewrite the Rules of Marine Power
FleetZero, founded by USMMA alumni Mike Carter and Steven Henderson, has moved from concept to commercial production of modular, containerized marine batteries. The Houston‑based startup has raised roughly $60 million, employs about 40 staff, and aims to manufacture 300 MWh of batteries...
NextEra’s Dominion Megamerger: How It Affects Your Portfolio
NextEra Energy announced an all‑stock acquisition of Dominion Energy valued at roughly $67 billion, creating a combined utility with an estimated market value of $249 billion. The merger will make the new entity the third‑largest energy company in the United States, behind...
Who Pays When Utility Managements Screw Up?
U.S. utility regulators tightly link rates to risk, forcing shareholders and customers to share costly overruns, while Britain’s lighter‑handed approach left water giant Thames Water vulnerable to aggressive debt‑financing. Successive owners stripped cash, swapped equity for debt, and missed service...
Daily Energy Report
U.S. jet fuel exports surged to a record weekly level in early May 2026, according to the latest weekly export chart. The data, spanning from the start of 2024, shows a pronounced concentration of shipments to South America, which continues...
Blykalla Norrsundet SMR Park Plans Set in Motion After Developer Submits Plans for Sweden Build
Swedish startup Blykalla has submitted a formal application to build a six‑reactor SMR park in Norrsundet, near Gavle. The project would deliver about 330 MW of baseload power—enough for roughly 150,000 homes—using the company’s lead‑cooled SEALER technology. It is the first...
Delta Electronics’ On-Site Microgrid to Provide Valuable Solar + Storage Insights
Delta Electronics has completed a 425 kW solar‑plus‑storage microgrid at its Detroit plant, connecting to DTE Energy via a 13.2‑kV medium‑voltage link. The system combines solar panels, a 2.8 MWh battery, EV chargers and a 3‑MW power‑conditioning unit, all managed by Delta’s...
IEA: Global LPG Markets Struggle to Replace Disrupted Supply
The International Energy Agency reports that the disruption of Gulf LPG shipments through the Strait of Hormuz has slashed exports from roughly 1.5 million barrels per day in 2025 to just 270,000 barrels per day in April 2026. The United States...
A Connected Threat Needs a Connected Framework
The April‑8 cease‑fire in the US‑Iran conflict left the Strait of Hormuz partially closed and damaged Qatar's Ras Laffan LNG complex, with repairs expected to take three to five years. The disruption rippled through maritime insurance, sanctions, fertilizer feedstocks, helium for...
Southern Africa: Russia's Controversial Uranium Mining Plan Threatens Southern Africa's Vital Aquifer
Rosatom subsidiary Headspring Investments/Uranium One is advancing Project Wings, an in‑situ leaching uranium venture in the Kalahari’s Stampriet Artesian Basin. The plan calls for pumping large volumes of sulphuric acid into the trans‑boundary aquifer that supplies drinking water and irrigation for Namibia,...
US Extends Russian Oil Sanctions Waiver as Iran War Squeezes Supply
The U.S. Treasury has renewed a 30‑day general license that temporarily lifts sanctions on Russian crude stranded at sea, citing supply disruptions caused by Iran’s closure of the Strait of Hormuz. Treasury Secretary Scott Bessent said the waiver will help...
China Added a Germany-Sized Electricity Grid Last Year - OWID
In 2025 China’s electricity generation jumped by almost 500 terawatt‑hours, roughly the amount Germany produces in a year, effectively adding a Germany‑sized grid in a single year. The surge came almost entirely from solar and wind, with solar alone contributing an...
Platinum-Free Catalyst Boosts Green Hydrogen Efficiency, Surpasses 1,000‑Hour Benchmark
Researchers at Washington University in St. Louis, led by Professor Gang Wu, have demonstrated a new platinum‑free catalyst that operates for more than 1,000 hours at industry‑level current densities, outperforming state‑of‑the‑art platinum group metal cathodes. The breakthrough could slash the...
Rockefeller Foundation Pours $350M Into Battery Storage to Power Millions
The Rockefeller Foundation has awarded more than $350 million to the Global Energy Alliance to deploy utility‑scale battery storage in New Delhi, Zambia and Haiti. The funding aims to connect over 100,000 people in India and 21,000 in Haiti to reliable...
Ghana Unveils Massive Clean‑Energy and Transit Plan Targeting 1,100 MW by 2035
Ghana’s Ministry of Environment, Science and Technology announced a ten‑year low‑carbon strategy that will introduce 100 MW of nuclear base‑load power, over 1,000 MW of renewable capacity and a new electric‑vehicle‑focused transit network. The plan aims to decouple the country’s growth from...
Ukraine Escalates Drone Strikes Against Russian Oil Infrastructure, Exports Down 10%
Ukraine intensified its drone campaign against Russian energy assets over a weekend, striking refineries, pipelines and storage sites. The attacks have knocked out roughly 700,000 barrels per day of refining capacity across 16 facilities, driving a near‑10% drop in oil...
Hormuz Strait Shutdown Erases 246 M Barrels, Lifts Oil 2% and Fuels Clean‑energy Hedge Debate
The sudden closure of the Strait of Hormuz has removed 246 million barrels of oil from global stocks, driving Brent crude above $111 per barrel and prompting analysts to argue that clean‑energy assets could serve as a hedge against such geopolitical...
Lightrock Unveils $500 Million Accelerate7 Fund for Energy‑Access Startups in Southeast Asia
London‑based Lightrock has closed a $500 million Accelerate7 fund aimed at growth‑stage companies that expand affordable, reliable energy in Southeast Asia and other emerging markets. Backed by major oil majors and the private‑bank LGT, the fund will deploy $10‑$50 million per company...
Reality Check Needed for Philippine Energy Policy
The 2026 Middle East conflict has exposed the Philippines’ heavy dependence on imported fossil fuels, triggering the world’s first declared national energy emergency. Imported natural gas now accounts for roughly 55% of primary energy, while power‑generation self‑sufficiency has slipped to...
U.S. LNG Is Becoming the Backbone of Global Gas Supply
The United States has overtaken Qatar as the world’s largest LNG producer, with roughly 120 million metric tons per annum (MTPA) of export capacity versus Qatar’s 77 MTPA. Ongoing projects could lift U.S. capacity to about 220 MTPA within five years, giving it...
Now It’s Vladimir Putin’s Turn to Visit Beijing
Russian President Vladimir Putin announced a two‑day visit to Beijing on May 19‑20, following a brief encounter between President Donald Trump and Xi Jinping. The trip is expected to focus on finalising a long‑planned natural‑gas pipeline linking Siberia to China, a...
Ruto Convenes Crisis Meeting over High Fuel Prices
President William Ruto convened an emergency meeting with energy, treasury, transport and interior ministers alongside oil marketers and transport leaders to address Kenya's soaring fuel prices. The government has already deployed a roughly $80 million stabilization fund and cut fuel VAT...
Tankers Entering Hormuz During War Are Making Their Way Out
Since the February U.S.-Israeli strikes, most non‑Iranian tankers that entered the Persian Gulf have now left with cargo, but roughly 100 remain anchored out of fear of Iranian attacks. Bloomberg vessel‑tracking shows 19 oil and LPG carriers crossed Hormuz between...
Renewables Slash Grid Prices, Displacing Gas Power
Building solar and wind capacity rewrites how the grid works >Renewables have a fuel cost of zero because the sun doesn't send a bill and the wind doesn't charge for delivery. They are the cheapest power in history and push expensive,...
Hive Hydrogen Taps Topsoe for $1B Green Ammonia Equipment
Hive Hydrogen said it’s selected Topsoe to supply it with about $1 billion in equipment for its green ammonia project in the country’s Eastern Cape province https://t.co/o6zCTm7hMB
Iran’s Pezeshkian Admits Oil Exports Hit by US Naval Blockade
President Masoud Pezeshkian publicly confirmed that a U.S. naval blockade has disrupted Iran’s oil exports, marking the first senior admission since the blockade began in mid‑April. The U.S. Navy has been intercepting Iran‑linked vessels in the Sea of Oman and...
Developer Secures Shovel-Ready Battery on State Border
Local developer snaps up shovel-ready big battery project, “strategically located” on state border #energysky -- via Renew Economy: https://t.co/pYjRgFDxI6 https://t.co/F6egAgvb0G
Third Consecutive Temporary Waiver Highlights OFAC License Pattern
The US issues its 3rd "temporary" waiver on Russian oil sanctions. What's the collective noun for a group of consecutive "temporary" OFAC general licenses?
Gas Reservation Push Raises Stakes for Australia LNG
Australia has rolled out a new gas reservation framework that could reshape LNG investment dynamics. While existing contracts remain protected, the policy’s unresolved mechanisms create uncertainty for upstream developers, exporters, and Asian buyers. Projects such as the Browse field, Beetaloo‑linked...
Zinc Batteries Break Barriers, Unlock New Energy Opportunities
Rechargeable zinc batteries: Overcoming challenges and finding opportunities #energysky -- via pv magazine usa: https://t.co/AqMCelBtDP
Brazil’s Record Oil Production Comes at a Crucial Moment for Global Markets
Brazil’s oil output hit a record 4.24 million barrels per day in March 2026, driven by ultra‑deepwater pre‑salt projects in the Santos Basin. Petrobras, Shell and Equinor are committing billions to offshore development, with Petrobras planning $109 billion of capital spending through 2030,...
Oman Signs 2.7GW Hybrid Renewables PPA with Naqaa Sustainable Energy
Naqaa Sustainable Energy has signed a 2.7 GW hybrid renewable power purchase agreement with Oman’s state‑run Nama Power and Water Procurement for projects in Mahout and Duqm. The hybrid scheme will combine solar PV, wind turbines and battery storage to deliver...
Terrestrial Energy: Projects Progress & DOE Programs Strengthen Commercialization – Quarterly Update Report
Terrestrial Energy’s Integrated Molten Salt Reactor (IMSR) made notable strides in Q1 2026, securing NRC approval of its Postulated Initiating Events (PIE) safety framework and advancing DOE‑backed TETRA and TEFLA pilot programs. A strategic partnership with Riot Platforms opened a data‑center...