Today's Energy Pulse
Scania pilots megawatt‑scale V2G for heavy‑duty electric trucks
Scania demonstrated one of the first vehicle‑to‑grid systems for heavy‑duty electric trucks using the Megawatt Charging System (MCS). The pilot showed bi‑directional power flow, allowing trucks parked at depots to feed electricity back to the grid, with real‑time communication between the truck, charger and energy‑management platform enabling dynamic charging and discharging. The test marks a step toward integrating large‑capacity EVs into grid balancing.
Also developing:
Nuclear Imaginaries, Hydrogen Assumptions, And The Grid Reality Models Still Miss
A new Energy Research & Social Science paper highlights a persistent "nuclear energy paradox"—projections repeatedly overestimate nuclear build‑out while actual capacity has stagnated around 400 GW, dropping below 10% of global electricity. The authors argue that optimistic scenarios stem from entrenched "nuclear imaginaries" such as the plutonium economy and SMR hype, which feed into integrated assessment models like MESSAGE and GCAM. These models also smooth hydrogen costs and under‑represent renewable integration and grid flexibility, skewing policy narratives toward centralized firm generation. The paper calls for tighter scenario transparency and empirical checks to align models with real‑world deployment trends.
Zelestra Powers 1 GWh Hybrid BESS Project in Chile
Zelestra energises 1GWh hybrid BESS project in Chile #energysky -- via Energy Storage News: https://t.co/PeSAm3vMRu
China to Cut Levies, US Allows Expiration of Russia Oil Waiver
China announced a reduction in import levies on several key commodities, aiming to boost domestic consumption and improve export competitiveness. The policy shift comes as the United States confirmed it will let the temporary waiver allowing Russian oil imports expire...
Utah Leads GovTech Shift with First Plug‑In Solar Micro‑Inverter Law
Utah lawmakers approved the nation’s first legislation permitting residential plug‑in solar micro‑inverter kits, a $2,400 DIY system that feeds power directly into home AC circuits. The move opens the market to renters and apartment dwellers, advancing state clean‑energy targets and...
Iberdrola Commissions 195 MW Tâmega Norte Wind‑hydro Project in Portugal
Iberdrola has started commissioning the 195 MW Tâmega Norte wind farm, the first grid‑connected wind‑hydro hybrid on the Iberian Peninsula. The project, part of a €346 million ($377 m) 1.2 GW complex, is expected to generate 414 GWh annually and avoid more than 230,000 tonnes...
EPA's Coal‑Ash Wastewater Rollback and TVA's Misleading Booklet Ignite Criticism
The U.S. Environmental Protection Agency unveiled a proposal to relax wastewater limits for coal‑ash disposal, while the Tennessee Valley Authority handed out a 35‑page booklet that downplays ash hazards. Researchers and advocacy groups say the moves threaten water quality and...
Chile's Solar Power Hits 75% Peak, 29% Monthly Share
Solar PV accounted for 29% of electricity generation in Chile in March, with instantaneous peaks reaching 75% #energysky -- via pv magazine global: https://t.co/ppi3oRYXZk
Spain Allocates €165M for 4.2 GW Pumped‑Hydro Storage
Spain supports 4.2 GW / 8 GWh of pumped-hydro storage with €165 million #energysky -- via pv magazine global: https://t.co/6T6GEOJ70w
GIP‑EQT Consortium Offers $15 Bn Cash Deal to Acquire AES, Premium Over 35%
GIP and EQT have announced a cash offer of $15 per AES share, valuing the U.S. power producer at roughly $15 bn. The deal, backed by $10.69 bn of equity and debt commitments, requires shareholder approval and regulatory clearances before the company...
US Reinstates Russian Oil Sanctions as Waiver Ends
Interesting, Russian oil is again sanctioned by the US as of today as the waiver—issued in March, extended in April—expires. Also, and I can’t stress this enough, how is it mid-May already?!
Panthalassa Secures $140 Million to Deploy Wave‑Powered Floating Data Centres
Panthalassa, a US startup, raised $140 million in a financing round led by Peter Thiel, valuing the company at nearly $1 billion. The funds will launch a pilot plant for 85‑metre steel nodes that generate electricity from ocean waves to power AI‑intensive...
UAE Leaves OPEC, Raising Questions on Cartel Unity and Oil Market Stability
The United Arab Emirates announced its exit from OPEC, prompting analysts to warn of a potential fracture in the cartel and heightened uncertainty for global oil supplies. The move coincides with heightened geopolitical tension in the Gulf and new energy...
Canadian Stocks Slide 1.3% as Hormuz Blockade Keeps Oil Flow Disrupted
Canadian equities fell sharply on Friday, with the S&P/TSX Composite Index closing 1.27% lower at 33,833.35 after the Strait of Hormuz blockade remained in place, removing roughly 15% of global oil supply and keeping crude prices above $100 a barrel....
Carney, Smith Sign Carbon Price Deal, Suggest Fall 2027 Pipeline Approval
Prime Minister Justin Carney and Alberta Premier Danielle Smith announced a joint deal that sets a fall 2027 target for starting construction of a new bitumen pipeline to the West Coast, contingent on the Pathways carbon‑capture project and Indigenous consultations. The agreement introduces...
Risk-On Surge Widens WTI Spreads, Prices Jump
Markets have crossed the Rubicon of Risk-On WTI 12-month spread widened $7.36 (36%) for the week ending May 15 6-month spread widened $5.35 (37%) & price rose $10 (10%) from $95.42 to $105.42 #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket
India Lifts Gasoline Price by ₹3 per Litre, Widening Trade Deficit as Oil Imports Surge
India's state‑run oil firms raised petrol and diesel prices by ₹3 per litre, taking petrol to Rs 97.77 and diesel to Rs 90.67 per litre. The hike comes as Brent crude hovers around $110 a barrel, inflating oil import bills and prompting...
Trump Claims China Will Purchase U.S. Oil Amid Strait of Hormuz Disruptions
President Donald Trump announced that China has agreed to buy crude from the United States, promising to route Chinese tankers to Texas, Louisiana and Alaska. He framed the deal as a response to the ongoing Strait of Hormuz blockage and...
EU Rush to Fix Energy Crisis Risks Stripping Citizens and Nature of Legal Protections
European energy ministers met in Cyprus to discuss cutting reliance on gas from the Strait of Hormuz. The EU Commission’s AccelerateEU proposal seeks to speed up renewable projects by loosening permitting rules, but industry lobbyists are using the same fast‑track...
EP215: Long-Takes: What Can E&Ps Learn From US Refiners Amidst a Geopolitical Super Vol Macro Backdrop?
In this episode, Arjun examines why traditional valuation multiples struggle to assess energy‑upstream (E&P) companies amid today’s geopolitically‑driven, super‑volatile macro environment. He draws a parallel to the early shale boom, when U.S. refiners faced extreme Brent‑WTI spreads, and outlines a...
Positioning for the Reality of Oil Scarcity
Franklin Templeton’s latest commentary, titled “Positioning for the Reality of Oil Scarcity,” warns that global oil supplies are approaching a long‑term shortfall. The firm highlights that peak production has already occurred, pushing crude prices higher and compressing margins for traditional...
UAE to Store up to 30 Million Barrels in India’s Strategic Petroleum Reserve After PM Modi’s Visit: FS Vikram Misri
During Prime Minister Narendra Modi’s visit, the United Arab Emirates agreed to store up to 30 million barrels of crude oil in India’s Strategic Petroleum Reserve and pledged fresh investments worth $5 billion. The partnership also spans defence manufacturing, a ship‑repair cluster,...
Trump Claims China Will Buy US Oil Amid Strait of Hormuz Disruptions
President Donald Trump announced that China has agreed to buy oil from the United States, promising to dispatch Chinese‑flagged tankers to U.S. ports in Texas, Louisiana and Alaska. The claim comes as Iranian attacks on the Strait of Hormuz have...
Nigeria Signs $25 Bn MoU with Chinese Firms to Revive Warri and Port Harcourt Refineries
The Nigerian National Petroleum Company Limited (NNPCL) signed a memorandum of understanding with China’s Sanjiang Chemical and Xingcheng Industrial Park to restart the Warri and Port Harcourt refineries. The deal follows $25 bn already spent on past rehabilitation attempts and promises...
Crux Secures $500 Million Debt Facility to Scale U.S. Clean‑Energy Financing Platform
Fintech startup Crux has closed a $500 million debt financing facility with Nuveen’s infrastructure credit platform to broaden its U.S. clean‑energy financing operations. The capital will fund tax‑driven investments and expand Crux’s role as a general partner in hybrid tax‑equity deals,...
Iraq’s Hormuz Exports Plunge 90%, Debunking ‘Normal’ Market Claim
Iraq exported just ~300 kb/d through Hormuz in April versus ~3.43 mmb/d before the Iran war. That’s only about a 90% collapse in exports. Time for the “oil markets are normalizing” party. 🎉 #Oil #Hormuz #Iraq #EnergyCrisis #Geopolitics https://t.co/jW6hAEiFh4 https://t.co/ngX33nAIPG
“Remarkable Milestone:” Bowen Says Home Battery Installations Continue to Surge, Pass 400,000
Australia’s home‑battery rebate scheme has crossed the 400,000‑installation mark in just over ten months, averaging about 2,000 units per day. The installed capacity now totals roughly 11.2 GWh, comparable to the utility‑scale battery additions made in the same period. Energy Minister...
Which Countries Are Profiting From the Iran War Oil Shock
The U.S.–Israeli war with Iran has triggered the deepest energy crisis in recent memory, sharply curtailing Persian Gulf output and sending crude prices soaring. Seaborne oil exports outside the Gulf surged, with the United States adding roughly 250 million barrels and...
Abu Dhabi to Ramp up Crude Storage, India’s Reserve May Go up 70%
India’s strategic petroleum reserve, currently 5.3 million tonnes (about 38 million barrels), is set to jump roughly 70 percent after Abu Dhabi’s National Oil Company (ADNOC) expands crude‑oil storage to 30 million barrels in the country. The added capacity translates to over four million...
Spain, Denmark Could Develop European Green Hydrogen Corridor for €2/Kg by Combining Solar and Offshore Wind
A joint Spanish‑Danish study shows that pairing Spain’s high‑output solar photovoltaics with Denmark’s offshore wind can produce green hydrogen at roughly €2 per kilogram (about $2.30). Using an hourly techno‑economic model, the researchers found that long‑duration storage, especially liquid organic hydrogen...
China, US Agree on Fast Hormuz Reopening, Yet Stalled
China called for a rapid reopening of the Strait of Hormuz, a goal it shares with the US, though there was no sign of a breakthrough between the superpowers on how to achieve that. https://t.co/m6CjEnUJOJ
US Oil Refiners Finally Profit From Biofuels Due to Mandates, High Fuel Prices
U.S. refiners are now profiting from renewable fuels after the EPA imposed record biofuel blending mandates, driving a 60% increase in biodiesel and renewable diesel use. HF Sinclair posted a $133 million profit and Valero turned a $139 million profit in its...
Japan Awards 1.25 GW of Battery Storage in Capacity Market Auction
Japan’s FY2025 long‑term decarbonization auction awarded 1.25 GW of battery storage capacity across 19 projects, accounting for roughly 30% of the decarbonization category. Lithium‑ion batteries secured 551 MW and non‑lithium technologies captured 699 MW. Bidding volume plummeted from nearly 7 GW in FY2024 to...
China Data Centers Tap Spot Power Trading First Time: Report
China’s largest data‑center operators, China United Network Communications and China Mobile, entered the electricity spot market on May 14, becoming virtual power plants for the first time. The three Guangdong‑based clusters joined the Guangdong Power Grid Energy Investment platform, allowing them...
Trump’s Fossil Fuel Fantasy Wilts Under Balcony Solar Pressure
Small‑scale solar installations in the United States have surpassed 60 GW, with roughly 10% added in the last year and an 11.4% year‑on‑year growth rate, while utility‑scale solar grew 23.2%. The emerging balcony‑solar market—plug‑and‑play panels that renters can attach to railings—offers...
Iowa Waterways at Risk as EPA Allows More Toxic Waste From Coal Plants
The U.S. Environmental Protection Agency has proposed weakening the rules that prevent coal‑burning power plants from dumping toxic wastewater into rivers, a move that would let Iowa facilities release more arsenic, mercury, selenium and lead. The proposal follows a Trump‑era...
Canada Unveils $1 Trillion Clean Electricity Plan to Double Grid by 2050
Prime Minister Mark Carney announced a clean electricity strategy that will invest more than CAD 1 trillion (≈US $730 billion) to double Canada’s electricity grid by 2050 and lower energy bills for 70% of households. The plan mixes renewables, nuclear, and natural gas while...
Ireland Approves LEAP Plan to Boost Renewable‑Powered Data Centre Growth
Ireland's cabinet has signed the Large Energy User Action Plan (LEAP), a national framework that will create Green Energy Parks where data centres co‑locate with renewable generation. The move aims to attract AI, semiconductor and life‑science projects while keeping the...
NextEra Energy Is Said to Be in Talks to Acquire Dominion
NextEra Energy is reportedly in talks to acquire Dominion Energy in a primarily stock transaction. The deal is designed to expand capacity for the surging electricity demand from data centers. Talks are at an early stage, with a potential announcement...
ADNOC Hides LNG Shipments with Darkened Tankers in Gulf
Adnoc keeps loading LNG onto tankers masking their location in the Persian Gulf 🇦🇪 🚢 Satellite images showed a tanker at Adnoc’s Das Island plant on Friday. But no LNG ships were broadcasting their positions there Adnoc is getting some LNG through...
World Policies Mobilize Amid Hormuz Strait Oil Shock
GLOBAL policy responses to the oil and gas shock caused by the closure of the Hormuz Strait: https://t.co/NwVf7oXBGg
NextEra and Dominion in Talks over Tie-Up to Create $400bn US Utility Giant
U.S. power giants NextEra Energy and Dominion Energy are in advanced talks to combine their operations, potentially forming a utility company worth roughly $400 billion. The proposed tie‑up would merge NextEra’s renewable‑focused generation portfolio with Dominion’s extensive transmission and regulated assets,...
Canadian Solar Posts $1.1B Q1 Revenue, $32M Loss as U.S. Capacity Ramps Up
Canadian Solar (CSIQ) posted Q1 2026 revenue of $1.1 billion, near the top of its guidance, but recorded a $32 million net loss. The company highlighted a 25.1% gross margin, a $3.5 billion energy‑storage backlog and aggressive U.S. manufacturing expansion, signaling both growth...
Cuba’s Fuel Crisis Deepens as President Appeals for Blockade Lift, US Offers $100 Million Aid
Cuba’s energy minister announced the island has run out of fuel and diesel, sparking 22‑hour blackouts and street protests. President Miguel Diaz‑Canel urged Washington to lift the U.S. blockade, while Secretary of State Marco Rubio renewed a $100 million humanitarian aid package to...
Trump and Xi Agree to Keep Strait of Hormuz Open, Reject Toll Plans
President Donald Trump announced that Chinese President Xi Jinping backs keeping the Strait of Hormuz open and opposes any tolls or militarisation of the waterway. The joint stance was issued after a two‑day summit in Beijing, where both leaders said...
System‑level BESS Defects Hide Risk for Developers
System-level BESS manufacturing defects cause ‘hidden risk’ for developers, Intertek CEA says #energysky -- via Energy Storage News: https://t.co/DcUzeDwwko
India Raises Fuel Prices For The First Time In Four Years
India’s state‑run refiners lifted retail gasoline and diesel prices by about $0.031 per litre, a roughly 3% increase and the first hike in four years. The rise follows a sharp surge in global crude prices that has squeezed Indian refiners’...
"Energy Is The Issue" - NANO Nuclear Highlights Reactor And Enrichment Opportunity
NANO Nuclear's founder Jay Yu appeared on Fox Business to outline the company’s plan to pair small modular reactors with a laser‑based uranium enrichment technology for AI data‑center power. The firm recently signed a strategic MOU with Supermicro to integrate...
Utility Giant Builds Australia’s Largest Gas Plant for Data Centers
Utility giant bets big on data centre demand with plans to build Australia’s biggest gas plant #energysky -- via Renew Economy: https://t.co/OZYYgmS2Rb https://t.co/frOyyViMO9
China Spent More on Clean Energy Than the Rest of the World Combined
China poured roughly $500 billion into clean‑energy projects between 2019 and 2025, accounting for more than half of the $1.1 trillion global spend. By contrast, the United States invested about $236 billion, less than half of China’s total. Around $136 billion of Chinese capital...
Canadian Leaders Take Step Toward New Oil Pipeline
Canada’s federal government and Alberta have signed an agreement to advance a proposed 1 million‑barrel‑per‑day oil pipeline from the province’s oil sands to the Pacific coast. The deal outlines a joint task force to streamline permitting, address land‑use issues, and coordinate...