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:
Can Petrobras' Pre-Salt Dominance Keep Driving Strong Growth? (Revised)
Petrobras leveraged its pre‑salt assets to post an 11% production increase in 2025, with pre‑salt fields now supplying 82% of total output. The low‑cost nature of these fields—breakeven often below $40 per barrel—keeps cash flow strong despite volatile oil prices. Q4 2025 production held steady at 2.1 k bpd, offset by new FPSOs and well start‑ups, while the company earmarks roughly 60% of its 2026‑2029 capex for further pre‑salt development. Zacks rates Petrobras a #1 Strong Buy, forecasting 18.9% EPS growth in 2026.
Carboninsets Unveils Global Marketplace to Trade Verified Transport EACs
Carboninsets has launched a global digital marketplace that aggregates verified Environmental Attribute Certificates (EACs) for transport sectors, bringing together more than 30 issuers and over 500,000 certificates. The platform offers real‑time pricing, forward‑financing of projects such as green corridors, and...
BYD Teams with KFC China to Roll Out 9‑Minute EV Flash Chargers at Drive‑Thrus
Chinese EV maker BYD has signed a strategic cooperation agreement with Yum China to equip KFC drive‑thru locations with flash‑charging equipment that can replenish a vehicle from 10% to 97% in nine minutes. The rollout leverages BYD’s second‑generation Blade battery...
ExxonMobil, Empire Petroleum Sued for $194 Million Alleged Well‑liability Fraud in New Mexico
A New Mexico district court case accuses ExxonMobil subsidiary XTO Energy and Empire Petroleum of undervaluing $194 million in well‑cleanup liabilities tied to a 2021 sale of hundreds of old wells. Plaintiffs say the alleged fraud could saddle the state with nearly...
Canadian Experts Map Electrification Roadmap to Hit Decarbonisation Targets
Michael Barnard presented a systems‑level electrification roadmap that leverages existing, proven technologies to meet Canada’s 2030 and 2050 decarbonisation goals. He argued that 98% of the needed solutions already work at scale, and the remaining barriers are political, not technical.
Oil Posts Biggest Weekly Loss Since 2020 Ahead of Iran-US Talks
Oil prices slipped sharply as the market digested the prospect of Iran‑U.S. talks. West Texas Intermediate fell 1.3% to below $97 a barrel, while weekly futures dropped 13.4%, marking the steepest decline since 2020. Prices remain over 30% above pre‑conflict...
Vanguard Utilities ETF Shifts Toward Growth Narrative Amid Electrification Surge
Vanguard is re‑branding its Utilities Index ETF (VPU) as a growth‑oriented vehicle, pointing to a forecasted 55% jump in electricity demand by 2040 and a 2.5% dividend yield. The move reflects broader market expectations that utilities will transition from defensive...
AIIB Boosts Climate Finance to $5.6 Bn in 2024, Targets Resilient Energy and Transport
The Asian Infrastructure Investment Bank announced that climate‑related projects will receive $5.6 bn in 2024, representing 67% of its total approved financing. The bank is scaling policy‑based loans, private‑capital partnerships and cross‑border grid initiatives to accelerate low‑carbon transitions in emerging Asian...
The Second Transformer at Waratah BESS Is Operational (for Testing)
The Waratah Super Battery’s second high‑voltage transformer (HVT2) was placed back in service on 10 April and is now undergoing a testing program. PASA data shows the unit’s availability lifted to 700 MW, though the battery is currently delivering only 350 MW under...

Multi‑Billion Fusion Partnership Leverages High‑Temp Superconductors
Fast Friends in Fusion ⚛ ♾ ⚛ Two of our companies announced a multi-billion dollar partnership at the ARPA-E conference this week. Both Commonwealth and Realta use powerful high-temp superconducting magnets — CFS in a utility-scale torus, Realta in...

China Halts Jet Fuel Exports, Triggering Global Shortage
Jet fuel supply disruptions continue. China has halted jet fuel exports; Asia is running out of fuel. Major shortages could soon spread to Europe and the US. THE US-ISRAELI WAR ON IRAN = MAJOR DAMAGE. https://t.co/1BeaFpUw8i

Trump Gas
Trump’s decision to launch a war that has crippled oil flow through the Strait of Hormuz has sent U.S. gasoline prices soaring to the highest levels in six decades. The average pump price hit $4.17 per gallon, with premium‑grade fuel...

Lighter than the Competition: XXL Powerstation Bluetti Elite 400 Review
Bluetti’s new Elite 400 power station packs a 3.84 kWh LiFePO₄ battery into a suitcase‑sized chassis that weighs 39 kg, making it lighter than many 4 kWh rivals. It delivers 2,600 W continuous AC power through two 230 V sockets and supports fast 2,300 W AC charging...

First Nations' Energy Insecurity Demands Accelerated Renewable Transition
For First Nations communities, energy insecurity is not new. But the shift to renewables is more urgent than ever #energysky -- via Renew Economy: https://t.co/8Pt4mjzeAc https://t.co/qh1bYUmHOG

Energy Price Surge Drives up U.S. CPI Inflation
First Wave of Energy Price Spikes Hit CPI Inflation. Energy that Americans pay for directly: Gasoline, propane, fuel oil, other fuels, utility natural gas, and electricity https://t.co/SiGQSZV2zn https://t.co/uO9XHnvFt8

Bigger Diesel Price Cut if Middle East Truce Holds
The Philippines may see a larger diesel price cut of P5.50‑P6.50 per litre (about $0.10‑$0.12) next week if the Middle‑East cease‑fire endures. The cut follows double‑digit fuel price spikes that pushed diesel above P170/L ($3.10) and gasoline up 54‑72%. The...
Fortescue's Shift to Batteries Signals Australia’s Energy Future
Fortescue accelerates away from oil, doing what Australia ought be doing on the fuel crisis, a practical demonstration of the future Australia must now choose: batteries & electrification replacing barrels & diesel - firmed renewables rather than gas & oil https://t.co/HeuflQYrI1
Spin‑flip Emitters Steer Energy Flow in Singlet‑fission Cells
Spin-flip emitters could control energy pathways in singlet fission solar cells #energysky -- via pv magazine global: https://t.co/T3I2Sr5Xyp
Developer of Massachusetts Offshore Wind Farm Sues to Stop Turbine Manufacturer From Walking Away
Vineyard Wind, the 800‑MW Massachusetts offshore wind project, sued GE Renewables to force the turbine maker to stay on its service and maintenance contracts after GE announced it would terminate them. GE claims the developer owes $300 million for work performed,...
Optimistic Talks Amid Tighter Hormuz Closure
get ready for a deluge of 'talks went great' with the Hormuz shut tighter than a nun

Solar Adds 4 GW per Wind GW, yet Wind Surges
The world added 4 GW of new solar capacity for every GW of wind, but wind is gaining #energysky -- via pv magazine usa: https://t.co/Kkv6wjr7rF https://t.co/arU7taNSUe

Malaysia: Empowering MSMEs with Smart Energy and Digital Efficiency Solutions
Malaysia’s Ministry of Entrepreneur Development and Cooperatives (KUSKOP) has signed a strategic partnership with the national utility to deliver smart energy and digital efficiency solutions to micro, small and medium enterprises (MSMEs). The collaboration focuses on time‑of‑use tariffs, smart metering,...
Battery Storage Softens AU$1bn Fuel Shock, Council Urges Budget Action
Australia: Battery storage cushions AU$1 billion fuel shock as Climate Council demands May budget action #energysky -- via Energy Storage News: https://t.co/Emaxi6OoJ3

Global Oil Trade Hits Record Amid Saudi Disruptions
🇺🇸US crude oil exports to increase to highest on record 🇮🇳India's Imports from Russia are Near Record High 🇸🇦Saudi Arabia's damaged oil facilities: What is the impact? Daily Energy Report https://t.co/pyGKWXbmpg
Gas Drilling Decline Pulls US Rig Count Lower
The Baker Hughes rig count slipped in the first full week of April, falling by five rigs to 1,200 total units. The decline was driven primarily by a sharp pullback in natural‑gas drilling, which dropped roughly 30% year‑over‑year. This brings...
Microsoft Launches Unified Li‑ion Battery Dataset via Linux Foundation
Microsoft releases standardized battery dataset through Linux Foundation to address fragmented testing practices and enable consistent analysis of lithium-ion performance data https://t.co/nXqo6Fa0i2
Australia Races to Add Gigawatts of Battery Storage
‘75% of what we need is not there’: Australian states race to deploy gigawatts of battery storage #energysky -- via Energy Storage News: https://t.co/1aXdyWD8XQ
Crude Prices Dip Ahead of 'All-Or-Nothing' US-Iran Talks
Crude oil futures fell modestly on Friday as markets awaited a high‑stakes diplomatic meeting between U.S. and Iranian officials in Pakistan. The talks, described as “all‑or‑nothing,” aim to secure a lasting end to the Middle East conflict that has been...

Enhancing Distribution Grid Resilience: S&C Electric's Solutions
S&C Electric Company is using the 2026 IEEE PES T&D Exposition to promote its new distribution‑grid resilience theme, "From outage response to grid resilience." The company highlighted the TripSaver FXR Recloser, designed to cut outages and costs on overhead laterals, and...

Gulf Allays Concerns over LNG Supplies
Gulf Development Plc, Thailand’s largest energy firm, said its LNG supply remained stable despite recent spot‑price spikes caused by the Strait of Hormuz closure and disruptions in Qatar’s exports. The company has diversified its gas purchases, notably sourcing from Nigeria,...
![5 Offshore Wind Farms Move Ahead After Trump Admin Misses Appeal Deadline [Update]](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2026/01/Sunrise-Wind-Orsted.jpg?resize=1200%2C628&quality=82&strip=all&ssl=1)
5 Offshore Wind Farms Move Ahead After Trump Admin Misses Appeal Deadline [Update]
The U.S. Interior Department missed the final deadline to appeal court rulings that let five East Coast offshore wind farms—Sunrise, Vineyard, Coastal Virginia, South Fork, and Revolution—continue construction. The projects, collectively capable of powering over two million homes, were previously...
This TSX Oilsands Major Could Jump as Much as 20% on the Iran War and Strait of Hormuz Crisis, Analyst...
Imperial Oil Ltd. (IMO:TSX) surged to C$178.93, far above its 12‑month consensus target of C$139.71. UBS lifted its price target to C$206 (≈US$150) and National Bank to C$212 (≈US$157) after citing tighter oil flows through the Strait of Hormuz and...
This TSX Oilsands Major Could Jump as Much as 20% on the Iran War and Strait of Hormuz Crisis, Analyst...
Imperial Oil Ltd. (IMO:TSX) closed at C$178.93, well above the Bloomberg 12‑month consensus target of C$139.71. UBS Global Research raised its price target to C$206, citing stronger refining margins and a Q1 capital spend of C$475 million (≈US$351 million). National Bank of...
Energy Vault Joins International Race Into Japan BESS Market
Energy Vault the latest international player to tap Japan’s BESS market potential #energysky -- via Energy Storage News: https://t.co/9MWttewTcW

PJM Targets 15 Gigawatts of New Power for Data Center Boom
PJM Interconnection, the operator of the 13‑state eastern U.S. grid, has filed an emergency proposal seeking 15 gigawatts of new power to meet the surge in electricity demand from AI‑driven data centers. The plan calls for matching data‑center projects with new...
Near-Record Storage, Early Snowmelt Hammer Western Gas Demand
An unusually warm winter has driven gas inventories across the western United States to near‑record levels, with storage now approaching 96% of historical capacity. The rapid snowmelt has also depleted the region’s snowpack, reducing hydroelectric generation by roughly 30% earlier...
NRG Shuns 'Behind the Meter' For 'Bring Your Own Power'
NRG announced it will phase out behind‑the‑meter (BTM) power projects in favor of a Bring Your Own Power (BYOP) strategy for data‑center customers. The shift follows concerns from a senior merchant‑company executive that BTM gas‑fired solutions may not deliver the...
Commonwealth LNG 'Weeks' From FID Despite Jera’s Departure
Commonwealth LNG in Louisiana is weeks from a final investment decision, targeting a Q2 2024 FID. The project has secured enough firm offtake contracts to move forward despite the loss of Japanese buyer Jera. Secured deals now cover roughly a...
Market View: US Gas Futures Tumble to 18-Month Low
U.S. natural‑gas futures dropped to an 18‑month trough this week as seasonal demand weakened during the shoulder months. A brief burst of colder weather was insufficient to lift prices, which slipped to roughly $1.70 per MMBtu, the lowest level since...

Data Centers Must Become Grid Investors
Someone Has to Invest in the Grid. Why Not Data Centers? #energysky -- via Heatmap News https://t.co/ctJhE4ArY2 https://t.co/BRUxpzu1eU
Antwerp Oil Spill Adds to Pressure on Congested European Ports
An oil spill during bunkering at the Deurganck Dock of the Port of Antwerp‑Bruges blocked the Scheldt River on April 10, halting traffic for several hours and closing the MSC PSA European Terminal. The blockage delayed 54 vessels, and although...

Iran War: Expensive Oil Drives Rising Inflation in U.S.
The ongoing Iran‑War has choked oil tanker traffic through the Strait of Hormuz, pushing diesel prices up 55% year‑to‑date and sparking a sharp energy‑price shock. In March, the energy component of the CPI jumped 10.9%, while the gasoline index surged...
The World Added 4 GW of New Solar Capacity for Every GW of Wind in 2025, but Wind Is Gaining
Ember’s 2025 report shows 814 GW of new solar‑wind capacity installed, with solar adding 647 GW and wind 167 GW. Solar growth slowed to 11% year‑over‑year, while wind surged 47%, narrowing the historic 4 : 1 capacity ratio to 3.9 : 1. Combined, solar and wind now...

Electric, Diesel, or CNG? MOOG Tech Lets You Pick All of the Above, on Just ONE Machine!
MOOG’s ZQUIP platform lets a single heavy‑equipment unit switch between diesel, natural‑gas (CNG), battery‑electric and even hydrogen modules. The modular power pods can be swapped on‑site, enabling fleets to transition to lower‑carbon fuels without purchasing separate machines. Engineers on the...
Industrial Buyers Sluggish on Hybrid PPAs
BBDF 2026: Hybrid PPAs face slow uptake among industrial buyers #energysky -- via pv magazine global: https://t.co/lRSr0kdA8b
Energy & Utilities Roundup: Market Talk
Crude futures fell on Tuesday as investors weighed the impact of upcoming U.S.-Iran talks on the Strait of Hormuz. WTI settled at $96.57 a barrel, down 1.3% and 13% for the week, while Brent slipped to $95.20, a 0.8% decline...

Ethanol Helps a Wisconsin Farmer Make up for Low Corn Prices
Wisconsin farmer Cal Dalton, a co‑owner of United Wisconsin Grain Producers, uses ethanol revenues to offset low corn prices. With ethanol selling above $2 per gallon, he can afford to sell corn below cost while still turning a profit. The...

Morningstar DBRS Confirms Credit Ratings on Ontario Power Generation Inc. At A (Low) and R-1 (Low) With Stable Trends
Morningstar DBRS reaffirmed Ontario Power Generation’s issuer rating at A‑low and its commercial paper rating at R‑1, both with stable trends. The agency highlighted OPG’s regulated nuclear and hydroelectric portfolio, which delivers predictable cash flow under the Ontario Energy Board’s...

Energy - the AI Achille's Heel
In a recent "Debunking Economics" episode, Phil Dobbie and Professor Steve Keen argue that the AI boom is hitting an energy wall, as the sector’s soaring compute needs clash with a tightening global power supply. They trace the strain to...

Mexico Plans to Reactivate Fracking by 2027
President Claudia Sheinbaum announced Mexico will restart hydraulic fracturing in 2027, reversing the previous administration’s ban. The plan targets the country’s 141.5 trillion cubic feet of shale gas reserves to cut reliance on U.S. imports, which supply 75 % of daily consumption....