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.
Fastmarkets announced a correction to several EU biodiesel FOB ARA prices published on February 13, 2026, after a calculation error incorporated prior‑day data. The revised figures show modest adjustments, such as UCOME outright rising to $1,419.50 per tonne and RME premium increasing to 45.69 pence per liter. The pricing database has been updated to reflect these changes. The notice applies to both outright and premium contracts across UCOME, FAME 0, and RME grades.
The EPA’s own analysis shows that eliminating federal greenhouse‑gas standards for cars could lift gasoline prices by up to 29% by 2050, adding roughly 75 cents per gallon in constant dollars. Over the 2026‑2055 horizon, consumers may face a net...
British Gas chief executive Chris O’Shea warned that UK electricity bills will exceed the 2022 peak by 2030 as the country scrambles to fund massive grid upgrades. He attributed the surge to years of under‑investment, with two‑thirds of future costs...
Energy stocks are enjoying a robust start to 2026, driven by rising data‑center power demand and deregulation. The T. Rowe Price Natural Resources ETF (TURF), an active fund launched in June 2025, posted a 13% year‑to‑date gain and a 23.2% return over...
The ALPS Clean Energy ETF (ACES) is positioned to profit from a $1.4 trillion U.S. grid‑modernization program slated through 2030, as utilities boost capital spending 12% in 2025 and are expected to increase it another 6% in 2026. Roughly 40% of...
Solar Capital, a Gurugram clean‑tech start‑up, launched a digital platform that lets individuals and organisations invest in solar projects without owning rooftops. Subscriptions start at just Rs 999, removing installation and maintenance barriers for renters, apartment dwellers, and small businesses. The...
In a volatile market, Invesco’s equal‑weight ETFs RSPT and RSPG offer sector exposure while limiting concentration risk. Both funds track S&P 500 equal‑weight indexes, giving roughly 1.5‑2% weight to each constituent instead of the 40% dominance seen in cap‑weighted peers like...
The U.S. rig count held steady at 551 this week, with oil rigs slipping by three to 409 while gas rigs rose by three to 133. Crude output climbed to 13.713 million barrels per day, edging close to an all‑time high....
Stored Energy Systems (SENS) is pivoting from standalone battery chargers to fully integrated, hybrid power solutions for critical‑power applications such as data centers. The company cites market pressure to adopt multi‑vendor, high‑redundancy architectures like N+1 to 2N+1, which demand streamlined...
Political scrutiny of the EU emissions trading system intensified in mid‑February, pushing the front‑year EU ETS contract down almost 6% on Feb 5 and a further 7% after German Chancellor Friedrich Merz’s comments. EU officials denied reports of extending free‑allowance allocations beyond...
Brent crude option skew—which many have been treating as a proxy of oil market Iran risk perception (see comp to June 2025)—continues to deflate. Down more than half from a week ago, with prices down ~$3/bbl from Wednesday high. Gives a sense...
Slovakia and Hungary have reported a complete halt of Russian crude deliveries through the Druzhba pipeline, marking the latest escalation in the energy conflict between Moscow and Kyiv. Simultaneously, a series of drone attacks this week have damaged several Russian...
Saudi Aramco will load its first cargoes of Jafurah condensate in March, following the start‑up of the giant Jafurah wet‑gas project late last year. The development converts wet gas into condensate and LPG, adding a new stream to the kingdom’s...
TC Energy reported fourth‑quarter earnings per share of US $0.72, beating the consensus estimate of $0.68, driven by record natural‑gas deliveries in both the United States and Canada. U.S. pipeline flows rose 9.5% YoY to 29.6 Bcf/d, while Canadian deliveries hit a...
Alexandria, Virginia, approved a new ordinance that lets developers meet green‑building requirements using an energy‑use intensity (EUI) metric instead of relying solely on third‑party certifications. The rule applies to commercial projects of 10,000 sq ft or larger, offering a choice between traditional...
Utilities are underestimating climate‑driven physical risk because reliability models still use historic weather baselines. Repath’s analysis of a €1.5 billion European grid shows that under a business‑as‑usual (RCP 8.5) pathway, average‑annual loss could shave 30.6 % off the portfolio’s gross value by 2050,...
Hydrostor has secured a 50‑MW offtake agreement with California Community Power for its Willow Rock Energy Storage Center, a 500‑MW/4,000‑MWh advanced compressed‑air energy storage (A‑CAES) project. The facility will provide eight hours of continuous discharge, delivering firm capacity to six...
Enbridge posted record‑high 2025 core earnings, reporting adjusted EBITDA of US$14.7 billion, a 7% increase over 2024, and a 9% rise in adjusted earnings. The fourth‑quarter adjusted EPS of US$0.65 topped analyst forecasts of US$0.56. The company credited expanding pipeline takeaway...
Exelon announced a $41.3 billion, four‑year capital plan, with transmission accounting for more than 70% of the increase. The utility added $2.3 billion for high‑voltage upgrades to support an 18 GW data‑center pipeline and broader load growth. CFO Jeanne Jones projected an additional...
New data from the Danish Maritime Authority shows that 292 EU‑sanctioned Russian tankers sailed through the Øresund, Great Belt and Skagerrak in 2025, confirming the Danish straits as a critical gateway for Russia’s shadow fleet. The fleet has expanded since...
The Excelerate Shenandoah delivered a full LNG cargo from Trinidad’s Atlantic terminal to the Everett import facility in Boston Harbor. The shipment marks the fourth cargo received at Everett this winter, adding to a total of six deliveries last winter and...
The International Energy Agency trimmed its 2026 oversupply warning after a surprise 1.2 million barrels‑per‑day supply drop caused by cold snaps in the United States and a power‑outage‑forced shutdown at Kazakhstan’s Tengiz field. Europe’s gas inventories fell to just 35 % of...
Episode #88 of Solar Surge examines the rapid growth of utility‑scale solar in Texas, highlighting a Dallas Fed report that shows solar capacity added in 2025 matched 2024 levels despite tariffs and shifting federal policies. The show also discusses a...
American Electric Power (AEP) announced its contracted large‑load pipeline will reach 56 GW by 2030, doubling from the previous quarter. Data centers account for roughly 90% of this new demand, especially in Texas, Ohio, Indiana and Oklahoma. The utility’s five‑year capital‑expenditure...
Maersk’s APM Terminals and Germany’s Eurogate are negotiating a partnership that could inject up to €1 billion into Bremerhaven’s North Sea Terminal. The funding aims to fully electrify the site, power it with renewables and lift capacity from 3 million to 4 million...
Data‑center developers are accelerating on‑site power projects as residential electricity rates surge 37% since 2020, prompting concerns over utility affordability ahead of the 2026 midterm elections. Bank of America analysts say developers will first secure fast‑deployable resources such as gas...
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France’s new energy planning law (PPE) sets a decarbonised electricity goal of 650‑693 TWh by 2035, up from 540 TWh today, and aims for 70% of total energy consumption to come from clean power. The decree trims wind and solar targets by...
Trump talks "deals" with Iran while Russia & China talk about naval escorts of Iranian oil to Cuba, writes @TheMichaelEvery The US repeals carbon regs & hopes to restart Venezuelan oil output soon. Energy is being militarized Markets, sanctions & climate...
U.S. GASOLINE STOCKS are well above normal for the time of year, weighing on refining margins. Inventories totalled 259 million barrels on February 6, the second highest on record for the time of year, exceeded only before the pandemic in...
Aviramp has installed a solar‑powered, step‑free boarding ramp at Ireland West Airport in Knock. The ramp offers a gentle slope, added passenger shelter, and is designed for wheelchair users, parents with prams and other travelers with reduced mobility. Airport operations...
If you were buying more Energy Exposure via $XOP $OIH into a red close 24 hours ago, professionally done
Can't help but notice who ISN'T on this list of companies who just gained access to invest and operate in Venezuelan upstream. https://t.co/qrLcy4bd48
The Bangladesh Nationalist Party secured a decisive parliamentary majority, clearing the path for a sweeping overhaul of the nation’s energy strategy. Its manifesto pledges to lift renewable power to 20% of the mix by 2030, a dramatic rise from today’s...
👀The Coalition for Green Capital (CGC) retained Checkmate Government Relations to lobby. Checkmate has deep ties to the Trump admin. CGC is among the groups that had billions of $ in Biden-era EPA grants frozen. The filing, to be clear,...
This is an interesting oil market transparency development. Argus "will assess three grades of Venezuelan crude oil, Merey, Hamaca and Boscan, for delivery to the U.S. Gulf coast, which Argus said is now the most likely destination for Venezuelan cargoes" https://t.co/RaKzvH53Rp
California grid electricity demand continues to decline despite 2.5 million EVs and lots of data centers in the state 2026 Demand on CAISO grid down 1.84% v '25; 1.22% v '24; and 2.27% v '23 Due to growth in behind-the-meter roof PV,...
Here's EPA's undoing of its 2009 Endangerment Finding wrt to vehicles. EPA's finding is based on a new reading of the Clean Air Act. EPA also finds that its vehicle emission standards do not and could not mitigate the climate risks...
Ohio lawmakers consider bill that would essentially ban solar and wind projects https://t.co/JJNzVHnE3G via @MotherJones
Singaporean light distillate (eg gasoline/naphtha) inventories are *very* high right now. (seasonal chart, million barrels) https://t.co/ZgYbX7ZU9F
Total cost for this transmission expansion plan is $12 billion. PJM provides 4 factors driving needs. I read 3 as "data centers." Here's PJM's precise wording --
Something scary for Friday the 13th. The planned 2026 CAPEX budgets for just 5 big tech firms in 2026 is larger than the average GLOBAL oil & gas capex between 2022-2025. 🤯🤯🤯🤯 https://t.co/WfwKC00YCY
FERC could meet the Department of Energy's demand to issue a proposed rule about interconnecting industrial computing facilities any day. But that day will not be next Thursday at FERC's televised meeting.
This week on @CleaningUpPod I sat down with @RobertHoglund, a towering figure on the thinking/doing front lines of Carbon Dioxide Removal (CDR). He says the sector needs to stop promising "speed and scale" and focus instead on "proving and learning". https://t.co/okASRdLrAK
Excellent meeting with Ambassador Dahroug of Egypt at IEA HQ in Paris to discuss global energy markets and the strong @IEA-🇪🇬 relationship We spoke about the ways in which the IEA can further support Egypt, a valued member of the IEA...
"Last year companies canceled $22 billion in planned investments in electric vehicle manufacturing, batteries or critical minerals in the United States...." Political sustainability limits industrial policy efficacy. https://t.co/RROrBFwACq
Interesting – UK govt has signed a new 4yr deal with 420MW Lynemouth biomass plant, capping subsidies at ~1/2 current levels Similar to Drax deal, requires 100% "sustainable" feedstock & pushes Lynemouth towards peaking power https://t.co/l3ItPOgPpk 1/2 https://t.co/JbqhYPZq0p
OIL MARKET: The core group of OPEC+ countries need to decide on March 1 whether to re-start production increases after the Jan-Mar pause. Some members in the group see scope for resuming the monthly hikes, although conversations haven't started yet....
Brussels is fixing process while ignoring physics. The EU 28th corporate regime finally admits that unanimity is incompatible with speed But until green plans are scaled back & some return to Russian oil & gas supply is discussed— everything else is...
🚨EPA dropped the actual #EndangermentFinding and vehicle regs pullback docs late last night. One notable tidbit: it claims the final rule doesn't rely at all on DOE's contrarian "Climate Working Group" report, which ran into legal trouble. #energy #climate #EPA...
OIL: ticks back into the green and remains Bullish TREND @Hedgeye Yesterday was the 1st day where we could start buying some Energy Exposure on red https://t.co/eURgEMfFpO
