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
Diamond Power Infrastructure (DICABS) posted a net profit of ₹50 crore in the December quarter, an eight‑fold increase from the same period last year. Revenue surged 54 percent to ₹474 crore, driven by higher capacity utilization and premium EHV cable sales. The firm now holds an order book exceeding ₹3,300 crore, anchored by large contracts with Adani Energy Solutions and Adani Green Energy. A de‑leveraged balance sheet and a 60‑day working‑capital cycle underpin its growth outlook.
India’s government announced a target of up to $200 billion in data‑centre investments to turn the country into a world‑class AI data hub. Minister Ashwini Vaishnaw said the plan covers all five layers of the AI technology stack and aims to...
Grenergy has secured a 10‑year financial tolling agreement for its 150 MW/600 MWh standalone battery in Oviedo, Spain’s largest announced storage project. The deal, signed with an investment‑grade international utility, takes effect in January 2028 while Grenergy will continue to operate the...
Eterna Plc announced the rollout of self‑service fuel terminals across its retail network, powered by Fuelmetrics Limited’s smart automation platform. The new stations allow motorists to pay with cards or digital vouchers, cutting queues, cash handling and human error. Corporate...
Zelestra has begun building the 9.5 MW Bellomo agrivoltaic solar plant in Modica, Sicily, under a 10‑year power purchase agreement with Swiss utility BKW that also covers the 6.5 MW Ginosa facility already operating in Puglia. More than 80% of the fenced...
A ceasefire would only mark the start of Ukraine’s energy crisis, as the war has left the power grid in ruins. Experts estimate at least three years of scheduled blackouts, with a 6‑hour on/4‑hour off cycle becoming the norm. Damage...
Air source heat pumps without well insulated homes are a waste or time. Insulation should always come first. And we need to get a grip on cowboy operators
Kenyan e‑mobility startup Arc Ride has secured a $5 million equity commitment from the International Finance Corporation to fuel its Series A round and regional rollout. The funding will accelerate the deployment of battery‑swapping stations across East Africa, complementing earlier debt deals...
Lyra Energy, a joint venture between Scatec ASA, Standard Bank and Stanlib, signed power purchase agreements with three corporate off‑takers for most of its inaugural 255 MW Thakadu solar project in South Africa. The plant will be built in two phases,...
NKT has inked a €6 billion long‑term agreement with Polish miner KGHM to secure copper supplies through 2036, extending their existing partnership by nine years. The contract covers copper needed for NKT’s power‑cable production as it scales up to meet rising...
CleanMax Enviro Energy Solutions announced a ₹3,100 crore IPO opening on Feb 23, with a price band of ₹1,000‑1,053 per share that values the company at up to ₹12,325 crore. The issue includes a ₹1,200 crore fresh issue and a ₹1,900 crore offer‑for‑sale by promoters,...
Renvolt, the EPC arm of Voltalia, has secured a turnkey contract to build the 124.2 MW Wexford Hub solar project in County Wexford, Ireland. The award deepens its partnership with the Irish utility ESB, which previously granted contracts for the 43.7 MW...
Forget climate change for the moment. One of the main reasons for supporting green energy is to reduce our reliance on gas for electricity generation. The Ukraine war has compromised access to Russian gas and this has had a massive...
In this episode the host shares three updates: the launch and community feedback on an Energy Comparison Tool, the U.S. publication of their new book "Clearing the Air" with links to purchase, and the excitement of being shortlisted for the...
Guatemala’s Generation Expansion Plan 5 (PEG‑5) tender attracted 51 bidders submitting nearly 4.7 GW of capacity, more than three times the 1.4 GW the government sought. About 2 GW of the offers are solar, including hybrid projects with storage, while roughly 700 MW are natural‑gas‑fired...
Australian Vanadium Limited has formed an exclusive partnership with Japan’s Sumitomo Electric to compete for Western Australia’s AU$150 million, 500 MWh Kalgoorlie vanadium flow‑battery project. The deal makes Sumitomo the sole provider of its flow‑battery technology, engineering services and technical support for...
Yanmar Power Solutions, a Yanmar Holdings subsidiary, will construct an 8,000 m² factory on a 33,898 m² site in Amagasaki, Hyogo, to conduct test runs of marine hydrogen engines. Operations are slated to begin in March 2029, complementing the company’s recent ClassNK type‑approval...
The International Energy Agency’s 2026 State of Energy Innovation report shows that energy security has become the primary catalyst for new technologies, eclipsing affordability and emissions concerns. Energy patents now cover roughly one‑tenth of all global filings, with batteries alone...
Three of Siemens Energy’s largest shareholders are urging the company to focus on stabilising its loss‑making wind turbine unit, Siemens Gamesa, before considering any spin‑off. The call follows activist investor Ananym Capital’s proposal to separate Gamesa, which it values at...
The 120 MW Sewa‑II hydropower plant in Kathua has amassed ₹3,674 crore in revenue since its commissioning in July 2010, under the operation of NHPC. The state government reported that only ₹32 crore—about 1 % of the total—has been transferred to the Local Area Development...
Chamundeshwari Electricity Supply Corporation (CESC) has asked the Karnataka Electricity Regulatory Commission (KERC) to approve a plan that bridges a ₹528.1 crore net revenue deficit for FY 2024‑25. The shortfall stems from higher power procurement costs, rising finance expenses and a 5.8%...
The Banda electricity department has launched a month‑long maintenance campaign from Feb 15 to Mar 14 to safeguard power supply ahead of the summer peak. Chief Engineer Arvind Nayak detailed that 107 substations, 1,379 distribution transformers and 353 lines will undergo inspection...
Ceew CEO Anurabha Ghosh highlighted how artificial intelligence can fine‑tune renewable energy dispatch, forecast storm surges and flood risks, and make agriculture more climate‑resilient. She warned that AI’s own resource footprint—energy and water for data centres—must be managed intentionally. India’s...
Exponent Energy has spun off Exponent One, a fintech and asset‑management platform aimed at financing commercial electric vehicles, and secured $2 million in pre‑seed funding from AdvantEdge Founders. The subsidiary, led by former Ola executive Sandeep Divakaran, will leverage real‑time data...
Bad Bunny’s Super Bowl pole‑dance performance turned a global stage into a protest against Puerto Rico’s chronic power outages. The artist highlighted how the island’s unreliable grid is a direct legacy of U.S. colonial energy policies that deny residents federal...
CyrusOne’s vice‑president of environmental, health, safety and sustainability, Kyle Myers, says the company treats sustainability as a profit centre rather than a cost centre. By centralising ESG functions into a cross‑functional working group, CyrusOne has integrated green‑building standards across its...
Mint Renewables, a Melbourne‑based developer, has launched community engagement for its proposed Magpie Hill solar farm and battery in New South Wales. The project envisions a 360 MW solar array on roughly 750 hectares paired with a four‑hour, 1,440 MWh battery energy...
Transgrid has asked the Australian Energy Regulator to recover about $1.1 billion of a $1.5 billion cost overrun on the EnergyConnect transmission project, bringing the total project cost to $4.1 billion. The company argues that, after accounting for an estimated $964 million net benefit...
Dangote Group has inked a $400 million deal with China’s XCMG to acquire heavy‑construction equipment that will fast‑track the expansion of its petroleum refinery from 650,000 to 1.4 million barrels per day. The upgrade will also boost petrochemical outputs, including polypropylene, urea...
AccuSolar, a Florida firm spun out of the family‑owned AccuDock, is driving a 391‑megawatt floating solar project in Texas, the largest of its kind in the United States. The company’s roots trace back to the nation’s first floatovoltaic installation in...
In this brief episode, the host highlights a recent surge in API2 (Northwest Europe) thermal coal futures for March delivery, which have risen roughly $5 per metric tonne over five trading sessions, briefly breaching $108/mt before settling near $107.50/mt. The...
Semirara Mining and Power Corp is urging that its long‑standing technical expertise will help it retain the coal‑mining concession that expires in 2027, even as the Philippine government prepares an auction. The announcement triggered a 21.39% drop in Semirara’s share...
The EPA’s February 2026 regulatory impact analysis reveals that repealing the 2009 endangerment finding will cost U.S. consumers more than the administration’s claimed $1.3 trillion savings. The analysis projects $1.5 trillion in additional expenses through 2055, driven by higher gasoline prices, increased vehicle...
🧐This is nonsense hype from the Center for the Study of Democracy. Yet CNN did not bother to check the validity of their claims or ask other researchers. Here's why: 💥Many European countries, including France, buy LNG from Russia. 💥The US and...
Peak-demand fear is fading, and now shareholders want growth again. Which do you want? Returns or Growth? Can't have both. People in hell want ice water. https://t.co/NKcPuvbtxE #oil #energy #BigOil #Exxon #Chevron #Shell #BP #TotalEnergies #OPEC #reserves #MAndA #markets #investing #geopolitics
China’s operating power capacity from non‑fossil sources surpassed fossil‑fuel capacity for the first time, reaching 52 % of the total in February 2026. The achievement reflects a decade of aggressive solar and wind deployment, backed by the world’s largest clean‑energy supply chain....
AI power demand is so desperate we’re turning jet engines into gas turbines. It’s a workaround for years-long turbine wait lists The competition to see which AI companies survive is the main driver. https://t.co/LFKExUsqcY #AI #datacenters #power #naturalgas #turbines #energy #grid #infrastructure #aviation #markets
I *love* this ternary chart showing developing economies increasingly go directly for clean electrons (solar plus some wind), bypassing the fossil economy that the US and EU went through. I expect Africa will take an even more direct route than India. https://t.co/KjsZV3S6P1...
The European Union is considering adding Georgia’s Black Sea port of Kulevi to its 20th sanctions package, accusing it of facilitating Russian crude shipments that fund the war in Ukraine. The draft targets four ports, marking the bloc’s first move...
#ITRK bought Aerial PV Inspection GmbH which uses Drones to inspect Solar Panels. No financial details given. ShareScope showing fwd p/e 17.7 falling to 16.2 and fwd Divvy 3.6% rising to 4%; classy business and decent yield now. I don't...
South Korean Sinokor now controls 120 oil tankers When one buyer controls the tradable fleet, charterers panic-book, freight spikes, and shocks bleeds into physical oil prices and spreads. https://t.co/Z2GsMyfbtl #oil #tankers #VLCC #shipping #freight #supplychain #sanctions #geopolitics #markets #energy
The 260 MW/619 MWh first stage of Quinbrook’s Supernode battery in Brisbane has entered commercial operation under a tolling agreement with Origin Energy. The project is part of a phased build‑out that will reach 780 MW and 3,074 MWh by 2027, positioning it as...
During today’s nonstop rain, California’s “fight” against climate danger has featured mandated solar panels that produce no electricity and mandated paper bags that can’t carry groceries. “Fighting” climate via forced technological regression just makes us more vulnerable to it.
Japan’s nuclear reactors continue to come back online. This is a major positive for consumers, businesses, and the environment, as it increases the supply of cheap energy, and reduces reliance on expensive imported fossil fuels. This dynamic should also support the...
Suriname’s GranMorgu project, a $10.5 billion offshore development by TotalEnergies and APA, targets 760 million barrels and is projected to generate $26 billion in revenue. The field is slated for commissioning in 2028, roughly twice the timeline Guyana achieved for its Stabroek Block....
Aircraft jet engines are increasingly being repurposed to generate power for AI data centers, creating a new demand stream beyond aviation. Simultaneously, the industry faces a shortage of new engines and spare parts due to reliability issues with Pratt &...
The analysis converts all maritime fuels to a common crank‑equivalent metric, revealing that low‑sulfur VLSFO could cost $650‑$1,584 per 5.4 MWh of shaft work once refinery scale collapses and carbon pricing is applied. Electricity delivered from industrial grids costs roughly $500...
Wow, the sun shined a lot in the middle of a day. I guess solar is reliable now... If @SEIA really believes in their product, they should join me in calling for an end to all solar subsidies and for requiring...
I've been cranking numbers. Full year 2025, it looks like nuclear power just about kept its nose ahead of wind and solar. But in H2 2025, while wind didn't quite overtake nuclear, solar did. In 2026 nuclear will drop to...
"A key plank of Norway’s Climate Action Plan 2021-2030 is the gradual raising of its carbon tax to USD 220 per tonne of CO2 by 2030." Norway has had a carbon tax since the 1990s. That seems to escape the...
