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.
Ukraine has launched a series of "kinetic sanctions" targeting Russia's shadow‑fleet oil tankers, using maritime drones and alleged limpet mines. Since November, at least eleven tankers – eight carrying crude – have been damaged, driving Black Sea insurance rates up to 300% and slashing Russian seaborne crude exports by roughly 30%. The campaign has forced major operators, such as Turkey's leading tanker firm, to abandon Russian cargoes, while insurers and ports face heightened physical and legal risk. Kyiv’s aggressive maritime strategy signals a new phase in the effort to choke Russia’s war‑funding oil revenues.
![[Episode #268] – Activism 101](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://cdn.xenetwork.org/ets/wp-content/uploads/sites/2/powerpress/ETS-PodcastArtwork-full.png)
In this 26‑minute mini‑episode, host and guest Carter Lavin break down how everyday activists can turn climate and transportation goals into effective local campaigns. Lavin shares tactics from his new handbook, including power mapping, coalition building, and the “inside‑outside game”...
Europe’s battery market is overwhelmingly dependent on China, with 85‑87% of imports sourced from Beijing. The article warns that a Chinese suspension of battery exports would destabilize Poland’s energy transition, logistics, industrial output, and military readiness, and could similarly cripple...
Drax has built three 299 MW OCGT plants that secured GB Capacity Market contracts, yet none can operate because grid connections have not been delivered. Under the Capacity Market rules, the lack of connection triggers non‑delivery penalties that could wipe out...
The episode “Assisted Thinking” dissects the stark contrast between China’s massive reliance on coal—accounting for 58% of its primary energy in 2024—and the Western media narrative that paints Beijing as a climate leader. By examining data from the Statistical Review...
In this brief episode, ANZ Research analysts discuss the recent 4.9% drop in oil prices, attributing the decline primarily to easing geopolitical tensions with Iran. They explain how reduced risk of supply disruptions has softened market sentiment and led to...
In this episode of Decouple, the hosts dissect the European Pressurised Reactor (EPR), showing how its over‑engineered safety philosophy—extreme redundancy and conservative margins—clashed with Western construction capacity, supply‑chain readiness, and project‑management culture, leading to massive delays and cost overruns. They...
In this mini‑episode, Chris and former IEA Executive Director Nobuo Tanaka examine Japan’s precarious position in the global energy transition, weighing whether it should align with petro‑states, join the electrostate movement, or straddle both. Tanaka proposes a bold East Asian...
