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:
Meloni Says It's 'Too Early' To Tap Russian Gas
Italian Prime Minister Giorgia Meloni said it is too early to consider re‑importing Russian gas, despite soaring energy prices driven by the Iran conflict. She emphasized that economic pressure on Russia remains Europe’s strongest lever for a peace settlement in Ukraine, targeting a possible resolution by January 2027. Meloni’s comments came after Eni CEO Claudio Descalzi urged suspending the ban on Russian LNG, and she reiterated calls for EU budget rule relief and an extended fuel‑tax cut. The premier is set to meet Ukrainian President Volodymyr Zelenskiy in Rome as Italy pursues alternative gas supplies from Algeria and the Gulf.
Jet Fuel Shortage Looms for Year After Middle East Disruption
Even if the ceasefire holds, we are looking at a months-long shortage of jet fuel on a global basis, most heavily focused on the Southeast and Northeast Asian zone. The Kuwaiti, Iraqi and Saudi [medium-heavy sour] crudes that are favored in...
California County Jail to Save $12 Million in Energy Costs with Solar Carport and Tesla Battery
Sunrock Distributed Generation has commissioned a 1.243‑MW solar carport and a 1.043‑MW/2.087‑MWh Tesla Megapack battery at the Monterey County Jail in Salinas, California. Funded through a power‑purchase agreement, the system is projected to generate over 2,000 MWh of clean electricity each...
World Lithium Reserves Surge, Fueling Full EV Transition
New data: no shortage of lithium in the world for a 100% WWS transition. @USGS says known world lithium resources increased by 30% in one year, from 115.1 in 2024 to 150 million tons in 2025. That is enough for 19 billion...
US Gas Gains Offset by Qatar Losses, Hurting Global Economy
I have to question some people's math. Qatar is down 8 bcm and the US is up 2.6 bcm. The issue here is the difference is not being made up and what is good for the US in the short-term is bad...
Adani, Minerva Forge JV on Indian Renewable Projects- #BeltAndRoad #Economy #Infrastructure
Adani Renewable Energy Middle East, a subsidiary of Adani Green Energy, has signed a joint‑venture agreement with UAE‑based Minerva Holding RSC. Minerva will take a 20% equity stake in a new UAE‑registered vehicle that will develop solar and wind projects...
California Initiative May Accelerate Adoption of Bidirectional EV Charging
The California Energy Commission unveiled a roadmap to accelerate bidirectional EV charging, targeting vehicle‑to‑grid (V2G) and vehicle‑to‑home (V2H) deployments across residential, commercial and industrial sites. It highlights the state’s 2.1 million‑vehicle fleet, which holds an estimated 18.5 GW of latent storage—exceeding existing...
Argentina to Start 8 New Lithium Projects by 2030
Argentina plans to commission eight new greenfield lithium projects by 2030, more than doubling its installed production capacity to 409,000 metric tonnes of lithium carbonate equivalent (LCE). The projects, ranging from Rio Tinto's 60,000‑t/yr Rincón to smaller 8,000‑t/yr developments, will...
Aptera CEO Shows His Solar Car Producing More Energy than His Home Solar
Aptera co‑CEO Steve Fambro posted that his solar‑electric vehicle was producing about 363 watts of power at 8 a.m., more than double the 136 watts generated by his home rooftop. The 700‑watt solar array wrapped around the car’s body is engineered...
Report: Saudi Arabia Pushes U.S. to Lift Blockade on Iranian Traffic
Saudi officials are urging the White House to lift its newly imposed blockade on Iranian shipping, warning that the restriction could spark a fresh escalation and further curtail oil exports from the Arabian Gulf. Iran’s recent missile and drone strikes...
Daily Energy Report
The latest EOA chart reveals a sharp rise in oil inventories across Iraq, Kuwait and Qatar as the Hormuz Strait closure blocks crude exports. On‑shore stockpiles and an unprecedented amount of floating storage tankers now hold record volumes in the...
Record Diesel Jump as Global Crisis Drives up Kenya Fuel Prices
Kenya will raise diesel prices by a record Ksh 40.30 ($0.31) per litre, taking the pump price to Ksh 206.84 ($1.60). Petrol will also climb by Ksh 28.69 ($0.22) to Ksh 206.97, while kerosene stays flat thanks to a Ksh 99.16 ($0.77) per‑litre subsidy. The...
Crude Oil Slumps As Trump Indicates Resumption Of U.S.-Iran Peace Talks
Crude oil prices plunged 7.25% to $91.90 per barrel after President Trump signaled a possible resumption of U.S.-Iran peace talks. The prospect of reopening the Strait of Hormuz and easing Gulf tensions reduced demand‑related concerns. The International Energy Agency warned...
Gas Prices EXPLODE as Hormuz Is Blocked! EP740
Survival Dispatch released a preview of its evening podcast warning that gasoline prices are set to surge as the Strait of Hormuz faces a new blockade. The U.S. Navy began restricting Iranian ports on April 13, raising concerns over a...
Electron Beam Welding: Unlocking a New Era for Heavy Section Nuclear Components
Electron beam welding (EBW) for heavy‑section nuclear components has moved from a research concept to a production‑ready technology. Recent demonstrations show full‑girth welds on 1.8‑meter‑diameter shells completed in under an hour, a dramatic drop from the week‑long arcs previously required....
U.S. Will Let Iran Oil Waiver Expire as Blockade Tightens Grip on Global Flows
The Trump administration will let the 30‑day waiver that permitted Iranian oil shipments at sea expire on April 19, tightening the sanctions blockade. The waiver, issued on March 20, had allowed roughly 140 million barrels of Iranian crude to reach global markets, easing...
Data Centers Spark Projected $1.4T Spending Surge From Power Utilities
U.S. investor‑owned utilities are planning to spend at least $1.4 trillion on new power plants, transmission lines and grid upgrades through 2030, a 21% jump from last year’s five‑year outlook. The surge is driven largely by the rapid expansion of AI‑powered...
With a $350M Nuclear Fund Approved, Texas Wants Projects to Fill It
Texas has launched the Texas Advanced Nuclear Development Fund, allocating $350 million to accelerate advanced nuclear power projects and supply‑chain development. Governor Greg Abbott highlighted the fund as the nation’s largest state‑led nuclear investment, split between a construction reimbursement program and...
Accenture Federal Services to Deliver Early Operating Capability for DOE’s Genesis Mission CM2US
Accenture Federal Services is spearheading a high‑velocity engineering sprint to deliver an early operating capability for the Department of Energy’s Genesis Mission CM2US initiative. Working with all DOE national labs and Databricks Federal, the team will launch an AI‑ready digital...
Second-Life EV Battery Packs to Provide Energy Storage to Rivian Car Factory in Illinois
Rivian has teamed with battery recycler Redwood Materials to install more than 100 second‑life battery packs at its Normal, Illinois factory, providing roughly 10 MWh of on‑site energy storage. The partnership repurposes EV batteries that retain capacity after vehicle retirement, turning...
European Gas Prices Plunge to 7‑Week Low Amid Oversupply
CHART OF THE DAY: European natural gas benchmark prices (TTF) fall to 7-week low. Current prices are about the same as in late-January, when I don’t remember anyone in Brussels (or Frankfurt) talking about a crisis and/or inflation problem. LNG market...
Phenom Engages Energold for Dobbin Drilling
Phenom Resources announced a drilling contract with Energold Drilling USA for its Dobbin project in Nevada. The agreement covers up to 14 core holes, totaling 5,120 metres, pending final Forest Service permit approval. Phenom has identified a 2.1‑km gold‑in‑soils anomaly with...
The IEA’s Fatih Birol: Oil Prices Will Soon Begin ‘Reflecting the Severity’ of the Energy Crisis
International Energy Agency chief Fatih Birol warned that current oil prices are lagging behind the true severity of the energy shock caused by the Iran war and the closure of the Strait of Hormuz. He said daily global oil output has...
Extreme Brent Backwardation Pushes Physical Prices $20 Above Dated Brent
Charting the Brent complex today to add some context to the numbers bouncing around. Pretty well everything weird in the current oil market can be explained via *extreme* backwardation (i.e., near-term delivery premia), and as you can see the intense futures...
This Scientist Found the Secret to Nuclear Fusion in 1938. Then History Erased His Name.
Physicist Arthur Ruhlig published a 1938 paper that identified deuterium‑tritium (DT) fusion as highly probable, but his work was largely forgotten. Los Alamos scientists Mark Chadwick and Mark Paris uncovered the paper and, together with Duke researchers, recreated the experiment...
ExxonMobil, Energean, Helleniq Energy to Sign Contract for Exploratory Drilling Offshore Greece
ExxonMobil, Energean and Helleniq Energy will sign a contract with Stena Drilling to begin exploratory drilling in Greece's Block 2 offshore in the Ionian Sea. The operation, slated for February 2027, will employ a deep‑water vessel capable of drilling to 35,000 feet. This...
Escalating Bidding Wars For Physical Crude Oil Delivery And Implications For Silver And Gold
A surge in bidding wars for physical crude and LNG has erupted after the Strait of Hormuz blockage cut off 30‑35% of global supply. Traders in the North Sea are paying record premiums, with prompt deliveries now exceeding $150 per...
Global South Chooses Modular Electrification Over Fossil Fuels
Emerging Economies Embrace Electrification Over Oil and Gas Daan Walter of ember_energy dishes on why bottom-up, modular electrotech is wildly popular in the Global South. #energytransition https://youtu.be/82uq9hblH4U
Nuclear Complements, Not Replaces, Europe’s Fossil Fuel Mix
Myth: European countries should unleash nuclear because they need an affordable, reliable energy source to replace fossil fuels. Truth: European countries should unleash nuclear because they would benefit from an affordable, reliable energy source *in addition to* fossil fuels.
Trump Reignites Feud With U.K., Calls For Oil Drilling In North Sea
President Donald Trump used Truth Social to denounce the United Kingdom’s energy stance, urging an immediate expansion of North Sea oil drilling as the Strait of Hormuz remains closed and global oil supplies tighten. The UK, led by Prime Minister...
Hormuz Disruption Slashes Global Oil Flow, Tanker Trade Falters
Global Oil Flows Plunge as Hormuz Disruption Chokes Tanker Trade. A narrow take of what is happening. https://t.co/mROsy4L0Hr
Chinese Warship Deters US Blockade, Tankers Sail Freely
American blockade of Hormuz isn’t stopping Chinese tankers. “The presence of a Chinese warship proved sufficiently deterrent.”
Distributed Batteries Get Legislative, Utility Lift in California
California lawmakers are advancing SB 913 to count aggregated residential batteries and electric vehicles as resource‑adequacy capacity, leveling them with traditional generators. Ava Community Energy has launched an $11.25 million SmartHome Battery incentive, offering $500/kWh rebates for low‑income households and $90/kWh for...
US Ends Iran Oil Waiver, Escalates Blockade, Threatens Peace Talks
U.S. Will Let Iran Oil Waiver Expire as Blockade Tightens Grip on Global Flows. What will this do to peace negotiations? https://t.co/RyO97zrsi0
Russia Claims Moon Territories Tied to Rosatom’s Selena Project
Russian officials began talking about "setting aside sovereign territories" on the Moon for Moscow. These seemingly far-fetched claims are linked to the Selena nuclear-power station project from Rosatom which we profile for our subscribers today: https://t.co/DJXLghOrrU https://t.co/SB4D5byjTG
Regulators Approve Georgia Power’s BYO Clean Resources Plan for Large Loads
Georgia regulators unanimously approved Georgia Power’s Customer Identified Resource (CIR) program, allowing large electricity customers to finance and connect up to 3 GW of clean energy projects through 2035. Participants receive renewable energy certificates and credit for the energy value of...
Iran's Potential Oil Rail Exports Lack Analysis
Is Iran exporting oil via rail? Haven’t seen any analysis of this trade lane. https://t.co/QufT0kilKW
Higher Oil Prices Won’t Create Massive Petrodollar Surge
A new blog on a hot topic -- petrodollars The basic theme though is back when oil was at $70 there weren't actually many petrodollars -- and there won't be all that many of them even if oil settles at $100 https://t.co/NFWDnn5zbv 1/
The Days Of Sub-$3.00 Gasoline Are Over Amid Lingering Iran Conflict
U.S. gasoline prices are unlikely to return to sub‑$3 per gallon as the Iran‑Israel conflict drags on, disrupting oil tanker traffic through the Strait of Hormuz. White House Economic Advisor Keven Hasset once predicted a quick rebound, but Energy Secretary...
Energy Sector Leads, Now 12% Dip—Inflation Hedge
Energy $XLE is the top-performing sector this year, and now it’s in a 12% drawdown. If you think this Iran conflict isn't over, or you just want an inflation hedge in the portfolio, it’s worth a look. https://t.co/jvKqx5faaw
Drone Threat to Hormuz Could Force Iran’s Oil Embargo
If Iran can stop Western ships through the Strait of Hormuz with a few drones, the mighty US Navy can embargo Iran's oil. Goal is to bring the mullahs to the negotiating table in good faith. Iran is a gas...
IEA: Global Oil Market Hit by Historic Supply Shock Amid Middle East Conflict
The International Energy Agency reports that the Middle East conflict has slashed global oil supply by 10.1 million barrels per day, pulling total output down to 97 million b/d in March. OPEC+ output fell 9.4 million b/d while non‑OPEC supply dropped 770,000 b/d, creating...
New York to Host 1 GW New Nuclear Plant
New York state expects to select a community this year to host at least 1 gigawatt of new nuclear energy, signaling a push to accelerate reactor development as electricity demand climbs. https://t.co/6qbR9DLjHg
Heat Pumps Harvest Ambient Energy, Bypassing Oil Dependence
Heat pumps are the most efficient heating technology ever invented. They harvest and compress pre existing heat in the air, ground or water and transport it where it is needed. That energy is all around us. And it...
Yahua Secures Lithium Export Quota From Zimbabwe After Suspension
China’s Yahua Industrial Group secured a six‑month lithium export quota from Zimbabwe, allowing it to resume shipments from its Kamativi mine after a two‑month suspension. The quota is intended to keep production stable while Zimbabwe shifts to a quota‑based system...
U.S. Energy Self‑Sufficiency Shields Against Oil Shortages
Ellen Wald, a global energy analyst @ACGlobalEnergy... said: “The US is in a particularly advantageous position to do something like this. The United States is very well supplied. We pump a lot of our own oil. We’re not going to...
Launching Panel to Accelerate Universal Sustainable Energy Access
Connecting people to reliable, affordable, and sustainable energy is the most transformative investment we can make. That's why we're launching a new High-Level Panel on Universal Energy Abundance. Learn more: https://t.co/RBMABRVhng
Rising U.S. Electric Bills Ignite Voter Anger Ahead of Midterms
Soaring electricity bills are stoking voter anger in key swing districts, turning utility costs into a decisive political issue ahead of the 2026 midterms. Analysts link the surge to AI data‑center expansion, aging grid upgrades and global energy shocks, raising...
World Economy Decouples From Oil, Yet Some Sectors Remain Vulnerable
The global economy is less coupled to oil consumption than at any point in the last century. This buffers us against the shock of having 15% of production locked up. Though within this, certain sectors and nations are still very...
US Democrat Lawmaker Pushes for Probe Into Oil Trades After Reuters Report
U.S. Representative Ritchie Torres wrote to the SEC and CFTC urging a joint investigation into roughly $950 million of oil trades executed minutes before President Donald Trump announced a two‑week cease‑fire with Iran. Reuters reported the trades coincided with a 15%...