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:
Food and Fuel on the Go: BYD and KFC Join Hands for 'Nine-Minute' Drive-Thru EV Charging Stations in China
BYD has teamed up with KFC in China to roll out nine‑minute drive‑thru EV charging stations that let drivers refuel and eat in under ten minutes. The sites use BYD’s second‑generation Blade battery, which can reach 97% charge in nine minutes, and feature a smart ordering system that lets customers place KFC orders from the vehicle. BYD recently hit its 5,000th flash‑charging station and plans 20,000 by 2026, even as first‑quarter sales slipped 30% amid subsidy phase‑outs. KFC’s roughly 13,000 outlets provide a high‑visibility platform for the joint service.

New Oil Discovery Comes to Light in Gulf of America
Occidental (Oxy) announced a new oil discovery at the Bandit prospect in the Gulf of America, roughly 125 miles south of the Louisiana coast. The exploration well in Green Canyon Block 680 intersected high‑quality, full‑to‑base Miocene oil‑bearing sands. Oxy operates the...
Tesla Reportedly Adds China's Sunwoda to Global Supply Chain to Drive Down Battery Costs
Tesla has added China’s Sunwoda Electric Vehicle Battery Co Ltd as its fifth global battery supplier, integrating Sunwoda’s third‑generation LFP cells into vehicles built at its Shanghai plant for export markets. The partnership follows a new model where Tesla purchases...
Bangladesh Schools to Go Online in Energy Crunch
Bangladesh will pilot a hybrid schooling model next week, alternating physical and virtual classes to curb electricity use amid an energy crunch caused by restricted Middle East oil and gas supplies. The schedule assigns in‑person lessons to Saturday, Monday and...

Rolls-Royce and Yokogawa Collaborate on Small Nuclear Reactors
Rolls‑Royce SMR and Yokogawa Electric have signed a joint agreement to develop the data‑processing and control systems that will act as the "central nervous system" for the first generation of Rolls‑Royce small modular reactors. Yokogawa will design, validate, build and...

Norway’s Boreal AS Orders 20 Candela Electric Foiling Ferries
Norwegian transport operator Boreal AS has placed the world’s largest order for electric hydrofoiling ferries, purchasing 20 Candela P-12 vessels. Each boat costs roughly US$3.1 million and will be delivered between 2027 and 2030, offering 25‑knot speeds and a 40‑nautical‑mile range....

India and Bhutan Sign Tariff Protocol for Punatsangchhu‑II, Strengthening Hydropower Partnership
India and Bhutan signed the tariff protocol for the 1,020 MW Punatsangchhu‑II hydroelectric project during Power Minister Manohar Lal’s visit. The agreement formalizes the export tariff and introduces a reactive‑energy accounting methodology to improve cross‑border grid stability. It also expands a...

BILLIONS IN INSIDER TRADES BEFORE TRUMP'S 'CEASEFIRE' POST
Reuters verified that nearly $950 million of oil short positions and more than $500 million of crude futures were executed in the minutes before former President Donald Trump posted his cease‑fire message on Truth Social. At the same time, about $1.5 billion of...

Econet InfraCo Provides Rural Clinics with Free Solar Energy
Econet InfraCo, the infrastructure arm of Econet Wireless Zimbabwe, is supplying free solar power to rural clinics located within five kilometres of its telecom base stations. The scheme, launched in 2025, taps existing tower infrastructure to run vaccine refrigerators and...

KwaZulu-Natal Mineral Sands Mine Powered by New Limpopo Solar Plant
A 148 MW Bolobedu Solar Farm, built by Voltia and local empowerment partners, has begun feeding green electricity into South Africa’s grid to power Rio Tinto’s Richards Bay Minerals (RBM) in KwaZulu‑Natal. The plant will slash RBM’s baseline emissions by at...
Australia Needs Energy Security, Not Green Fantasies
The Australian Energy Update 2025 shows hydrocarbons—oil, coal and gas—provided 91% of the nation’s primary energy in 2024. Renewable sources such as solar, wind and hydro together accounted for just 9%, a share that has barely moved since the mid‑1970s. Despite...
AES Scraps 320 MW California Battery Project Amid Fierce Local Opposition
AES Corp announced it is abandoning the 320 MW/1,280 MWh Seguro energy storage project in San Diego County. The decision follows a three‑year dispute with local residents, stricter fire‑safety setbacks, and a denied easement through Palomar Health that eliminated the only viable...

Trump's Emergency Orders Pushing Coal Power Are "Illegal" As Well as Dumb
President Trump’s Department of Energy has revived Section 202(c) of the Federal Power Act, using emergency orders to keep aging coal plants like Michigan’s JH Campbell online despite utilities’ plans to retire them. Legal scholars argue the orders constitute an illegal...
Entergy, Xcel, Others Seek to Upend Competitive Transmission Bidding in MISO, SPP
Entergy, Xcel Energy and seven other utilities have petitioned FERC to suspend competitive bidding for regional transmission projects in the MISO and SPP markets, arguing the process adds 16‑20 months to completion. The utilities seek a decision by July 16 and...

This Isn’t a 1970s Oil Shock
The Iran war has turned the Strait of Hormuz into a critical bottleneck for both crude oil and liquefied natural gas, pushing oil prices up about 40% in six weeks and affecting roughly 20% of global oil consumption and 25%...
40 New EV Chargers & Solar Power Launched In LA Area
Rove has opened a new EV charging hub in Costa Mesa, California, featuring 40 fast chargers powered partially by 400 on‑site solar panels. The facility offers amenities such as free Wi‑Fi, a lounge, and proximity to a beach and Orange...

VIDEO – Energy Storage Summit 2026: What Is the Outlook for BESS Capex This Year?
At the Energy Storage Summit 2026 in London, a panel of industry leaders examined the outlook for battery‑energy‑storage‑system (BESS) capital expenditures this year. The discussion focused on how regulatory changes, supply‑chain constraints and market dynamics are driving cost pressures on...

European Commission Publishes First CBAM Certificate Price
The European Commission released the first‑quarter 2026 Carbon Border Adjustment Mechanism (CBAM) certificate price at €75.36 ($89.64) per tonne CO₂e, based on the volume‑weighted average of EU Allowances (EUAs). EUA prices swung sharply in Q1, climbing above €90 before falling...
71,482 EV Fast Chargers Operating In The US Now
The U.S. now hosts 71,482 public DC fast EV chargers spread across 15,031 locations, according to the DOE’s Alternative Fuels Data Center. Those fast ports are part of a broader network of 274,665 public charging points, which also includes roughly...
Iran War Doubles Russia's Main Oil Revenue to $9 Billion in April
Russia’s mineral extraction tax on oil is set to double in April, reaching roughly $9 billion, after the Iran‑related crisis drove Brent futures above $100 per barrel. The surge stems from the Strait of Hormuz closure following US and Israeli airstrikes,...
GAIL India to Borrow ₹5,000-6,000 Crore in Financial Year 2027
GAIL (India) announced it will raise between ₹5,000 crore and ₹6,000 crore (approximately $539‑$647 million) in fiscal 2027 to fund expansion projects, chiefly to boost utilization at its Dabhol LNG import terminal. The company has also secured three spot LNG cargoes to offset...
California Proposed Decision on Community Solar ‘Virtually Ensures No Projects Will Be Built’
The California Public Utilities Commission issued a proposed decision that rejects the industry‑backed Net Value Billing Tariff (NVBT) and adopts the lower, utility‑favored Avoided Cost Calculator (ACC) rate for community solar. By replacing NVBT with ACC, the CPUC effectively removes...

Chevron Sees Lower Output Due to Iran War
Chevron reported a 6% drop in first‑quarter production, falling to 3.8‑3.9 million net oil‑equivalent barrels per day, down from 4.05 million in Q4 2025. The decline stems from reduced output in the Persian Gulf, Israel, and a shutdown in Kazakhstan. Chevron also warned...

BMW Canada Integrates Tesla Superchargers and Shell Recharge in Dashboards
BMW Canada has woven the Shell Recharge network and Tesla Superchargers into its My BMW and MINI apps, giving owners a unified charging interface for Canada and the United States. The integration adds over 30,000 public chargers and routes Tesla’s NACS...

CB&I All Done with Acquisition of Petrofac’s Asset Solutions Business
CB&I, a designer and builder of storage facilities, completed the acquisition of Petrofac’s Asset Solutions business, adding roughly 3,000 employees and expanding into operations, maintenance, and de‑commissioning services. The transaction was structured on a debt‑free, cash‑free basis, with proceeds directed...

South Africa Diesel Prices Set to Jump R12/L
Get your medication, boys and girls. In South Africa, early projections (as of early April) suggest that diesel could rise by roughly R12+ per litre in May. This is partly due to the under-recovery + the expiry of the temporary...

Eight‑hour Pumped Hydro Moves Forward to Replace Aging Coal Plant
Fresh progress for eight-hour pumped hydro project proposed to help replace ageing coal plant #energysky -- via Renew Economy: https://t.co/QCSyyGtDkm https://t.co/FMGxaGZUP7
Non-Installation of Vapour Recovery System: NGT Dismisses BPCL's Appeal Against ₹1 Crore Fine
The National Green Tribunal (NGT) rejected Bharat Petroleum Corporation Limited's (BPCL) appeal and upheld a ₹1 crore fine—approximately $120,000—for failing to install a vapour recovery system (VRS) at its storage terminals. The fine stems from a Central Pollution Control Board (CPCB)...
Iran's Hormuz Grip Threatens Gulf Oil Flow
Gulf states denounce Iranian control of Hormuz What are they going to do about it? Helima Croft nails it: "Iran potentially having a vote on nearly every barrel that exits the waterway until Gulf countries can build more alternative access routes" Any...

WTI Prices Surge as Inventory Signals Supply Urgency
WTI comparative inventory reflected supply urgency over fundamentals CI increased 0.5 mmb and price rose $11.38 week ending April 3 $105.67 was far above any previous yield curve marginal price for current C.I. #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket
USC Annenberg Center for Climate Journalism and Communication Releases Season Three of Its Energy Transition Podcast
Season three of USC Annenberg’s Electric Futures podcast returns to California’s Imperial Valley, shifting focus from stalled lithium extraction to the arrival of hyperscale data centers seeking geothermal power. Host Charles Zukoski examines how AI‑driven data‑center growth could double global electricity...

Elevated Oil Prices Trigger Lagging Earnings Downgrades
Oil price impacts are likely to start showing up in negative earnings revisions this month. History suggests elevated oil prices have a lagged impact on fundamental conditions, and as long as oil prices remain somewhat elevated, downward revisions may remain...
New Jersey Lifts Nuclear Moratorium, Second State This Year
New Jersey becomes second state this year to lift its nuclear moratorium #energysky -- via Canary Media: https://t.co/eABgxl3NFI

Insulation Manufacturer Commissions 3rd Rooftop Solar Project
REC Solar and Dynamic Energy have completed an 881‑kW rooftop solar array on Kingspan Insulation North America’s manufacturing plant in Mendota, Illinois. The system occupies 50,000 sq ft and is expected to produce roughly 1 GWh of clean electricity each year, contributing to...

Oil Market Frenzy Drains 80% of Emergency Reserves
"Oil Chaos Is Clearest in the Hunt for ASAP Barrels" https://t.co/txxSCuq97g "314 million barrels have been removed from the market already — almost 80% of the record release of emergency reserves announced by the International Energy Agency in March." https://t.co/KUX2MZYcbM
Renewable Energy Boom Tied to Chinese Supply Chains
As countries turn to renewable sources to bolster their energy security, a lot of that equipment will come from China. https://t.co/dUqNCMJTGA
Clean Power Is Up and Will Get a War Boost: Three Things to Know
Clean power adoption is accelerating, driven by soaring fossil fuel prices amid the Iran war. Solar‑plus‑storage projects in Saudi Arabia can supply power at $45 /MWh for 65% of the year and meet almost all demand at $70 /MWh, supporting the kingdom’s...
ASAP Oil Prices Surge to Record Highs
Very good short note from my colleague @alexlongley1 about why the price of what he rightly calls "ASAP" oil barrels is going throughout the roof https://t.co/6dpWmdpJlG

Conflict Outcomes Remain Uncertain, Like Schr
Given "Schroedinger's ceasefire" and "Schroedinger's Hormuz re-opening", thought this was a potentially instructive chart from @johnauthers, via @Bloomberg. #HistoryRhymes https://t.co/86srIVeKMI
Oil Prices Hit $100 With Hormuz Closed Despite Ceasefire, But S&P 500 Diverges
U.S. crude prices surged past $100 a barrel as Iran kept the Strait of Hormuz closed, demanding Israel halt attacks on Hezbollah in Lebanon. The closure reignited supply‑risk premiums, pushing the near‑term WTI contract up 5.8% after briefly topping $102....

Reliance Caps Sales at $11 Per Pump as Shortages Deepen
Reliance Industries, India’s largest private‑sector refiner, has begun capping fuel purchases at its Jio‑BP stations to roughly $11 per visit as Middle‑East tensions keep crude shipments constrained. The limit of 1,000 rupees per customer is being enforced informally to deter...

Doug Sheridan: Coal Is Far From Dead
Rising natural‑gas prices triggered by the Iran‑Israel conflict are prompting Asian and European nations to revive coal‑fired power. Thailand has restarted plants, while Japan, South Korea and Italy have lifted caps or delayed coal phase‑outs, with Germany’s coal output now...
Brazilian Election Tie Sparks U.S. Push on Critical Mineral Supply Chains
A new IDEIA poll puts Brazil's incumbent Lula at 45.5% and challenger Flávio Bolsonaro at 45.8%, a statistical tie that has amplified U.S. worries about securing Brazil's critical mineral output. Bolsonaro’s appeal to the United States and his framing of...
Persistence Market Research Forecasts EV Battery‑management‑system Market to Hit $24.9 Bn by 2033
Persistence Market Research, a leading management‑consulting and market‑research firm, projected the global electric‑vehicle battery‑management‑system market will reach $24.9 bn by 2033, driven by a 19.4% CAGR. The forecast highlights Asia‑Pacific’s 45% revenue share, North America’s fastest growth, and a shift toward...
JPMorgan Signs 10-Year Biomass-Based Carbon Removal Deal
JPMorgan Chase has signed a ten‑year agreement to buy 60,000 tons of durable carbon‑removal credits from cleantech startup Graphyte. The credits will be generated at Graphyte’s Project Loblolly in Arkansas and the upcoming Project Ponderosa in Arizona, both using the...
Experts Call for Immediate Rollout of Proven Clean‑Energy Tech in Canada
In a live discussion hosted by citizen group SCAN, climate‑tech expert Michael Barnard warned that Canada already has the tools to decarbonise 98% of its emissions, but policy inertia and political will are stalling implementation. He urged an accelerated rollout...
Richardson Electronics Beats Forecast, COO Diddell Details Growth Strategy
Richardson Electronics reported Q1 revenue of $53.7 million, a 2.2% year‑over‑year increase, and beat analyst expectations. COO Wendy S. Diddell used the earnings call to highlight an 84% surge in Green Energy Solutions sales and a $10 million inventory expansion, prompting a...

Construction Begins on 102-MW Murch Solar Project in Michigan
Greensol, the U.S. arm of Spain’s Greening, has broken ground on the 102‑MW Murch Solar project in Van Buren County, Michigan. The development is being led by Heelstone Renewable Energy, a Qualitas Energy subsidiary. Greensol provides turnkey EPC services, leveraging...
Iran‑U.S. Ceasefire Sends Oil 16% Lower, Spurs Stock Rally, Dollar Hits 4‑Week Low
President Donald Trump's announcement of a two‑week ceasefire with Iran sent U.S. crude down 16.4% to $94.41 a barrel, sparked a 2.5% jump in the S&P 500, and drove the dollar to its lowest level in four weeks. Traders now...
New Jersey Ends 40‑Year Nuclear Moratorium, Gov. Sherrill Signs Landmark Bill
Governor Mikie Sherrill signed legislation Wednesday that lifts New Jersey’s four‑decade moratorium on new nuclear power plants. The move clears 1970s‑era legal hurdles, creates a nuclear task force, and could reshape a grid already 52.7% nuclear, as the state seeks...