Know What's Happening in Energy
Know What's Happening in Energy
Flex to Acquire Electrical Power Products for $1.1B, Boosting Power Infrastructure Portfolio
Flex Ltd. announced a definitive agreement to buy Electrical Power Products for approximately $1.1 billion in cash. The target contributes about $323 million 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.
Also developing:
Sarens partnered with the Atlantic Canada Bulk Terminal (ACBT) in Sydney, Nova Scotia, to convert the steel‑focused port into a dedicated offshore‑wind hub. The engineering team performed a ground stability study and deployed a high‑capacity crawler crane with a Superlift tray, enabling the safe handling of turbine blades and foundation piles up to 1,900 tons and 100 meters long. The upgraded facility now supports both Lift‑on/Lift‑off (LoLo) and Roll‑on/Roll‑off (RoRo) operations, streamlining the supply chain for projects like Nova Scotia Wind West. The project also generated significant local economic activity through crew presence and ancillary services.
SLB has signed a three‑year deal with Angola’s largest independent producer, Azule Energy, to broaden the deployment of its Delfi digital platform across the joint venture’s offshore assets. The expanded scope will integrate subsurface data with planning and execution workflows,...
The UK’s AR7 offshore wind auction concluded with significantly lower strike prices, marking a pricing reset that benefits both developers and insurers. Contract values fell to around £70 per megawatt‑hour (approximately $86), reflecting tighter cost structures and improved turbine efficiency....
The latest Daily Energy Report shows Iran remains the primary crude exporter through the Strait of Hormuz, while Iraq, Kuwait and Qatar have halted shipments entirely. Saudi Arabia has rerouted most of its oil to the Red Sea, and the...
The Iran‑Israel‑U.S. war has driven Brent crude to its highest level since 2022, rattling global markets. Despite a 5% quarterly dip in the Hang Seng, China’s large strategic crude reserves and aggressive renewable‑energy rollout keep its growth outlook intact. Renewable‑energy...
A novel metal hydride compressor uses hydrogen as both the working gas and coolant, enabling higher power density and efficiency while minimizing electrical energy use and mechanical wear. This approach could advance sustainable hydrogen infrastructure. hydrogentech
India’s government is accelerating its clean‑energy transition by bolstering indigenous capacities for critical minerals and technologies. Union Minister Jitendra Singh highlighted the launch of the country’s first permanent‑magnet plant in Visakhapatnam and a dedicated rare‑earth policy to curb imports of...
Algae‑based fuel startups are pitching genetically engineered algae as a breakthrough renewable energy source, promising massive returns. Founders often embellish technical viability to attract venture capital, leading investors to question whether claims are realistic. The article highlights the tension between...
U.S. gas market insulated from war in the Middle East U.S. gas inventories are on course to finish the winter close to the average for the time of year, which has sent futures prices back below $3 per million British thermal...
The Texas Public Utility Commission has proposed Rule 16 TAC §25.194, imposing early‑stage site‑control documentation, a $50,000 per‑MW financial security, mandatory disclosure of similar interconnection requests, and a 30‑day deadline to sign an Interconnection Agreement for projects of 75 MW or larger....
Here is an example of some of the problems associated with the President's comments about 8 to 10 tankers sailing out of the Persian Gulf or the 20 tankers he discussed on Air Force One. There is no evidence of...
Scientists at the National Ignition Facility (NIF) announced a historic ignition event on Dec. 5, 2022, producing more energy from a deuterium‑tritium pellet than the lasers supplied. The breakthrough revives optimism for inertial‑confinement fusion, while magnetic‑confinement tokamaks such as ITER continue to...
U.S. on‑highway diesel rose 3 cents to $5.401 per gallon and gasoline increased 3 cents to $3.990, according to the EIA’s March 31 report. The West Coast saw the steepest diesel jump, up 29 cents, while the Gulf Coast posted modest declines. AAA’s independent...
U.S. energy‑storage installations hit a record 18.9 GW (51 GWh) in 2025, a 52% and 40% increase respectively over 2024, driven largely by a residential surge as tax credits expire. Manufacturing capacity now exceeds domestic demand, with system capacity over 100% and...
The race to build orbital data centers is missing its biggest variable: power “Solar panel in space produces roughly 5Xs the amount of electricity that the same panel would produce on Earth. There is no atmosphere, no weather and no day-night cycle for most orbits. No interconnection queue and no permitting.” https://t.co/PfmW1te2ac
The episode explains why Sri Lanka has raised household electricity tariffs by 7‑10% (up to 25% for heavy users) as the war in the Middle East drives up global oil prices, forcing the island to spend about $600 million on fuel...
India is set to receive its first Iranian crude cargo since 2019, with the Aframax tanker Ping Shun carrying about 600,000 barrels to Vadinar, Gujarat. The shipment follows a U.S. 30‑day waiver allowing Iranian oil sales on the water amid the...
EU Energy Commissioner Dan Jorgensen warned that President Donald Trump’s anti‑offshore‑wind stance has severely disrupted U.S. projects, prompting Europe to position itself as a "safe harbour" for stranded investment. He highlighted that offshore wind costs are falling and are now...
china involving itself directly in the business of hormuz strait security is an important unintended consequence of the iran war.
Hungary has highest solar share of any country in the world - 27% of electricity from solar in 2025, up from just 2% in 2018. In August 2024, solar hit 37% of monthly generation. Now >8 GW of installed capacity - a...
Last summer, Congress passed H.R. 1, dubbed the One Big Beautiful Bill Act, which strips the Bureau of Land Management of discretion to protect federal lands from leasing. Under the new law, the BLM is selling oil and gas lease...
U.S. private‑sector firms, led by LIS Technologies, are rebuilding domestic uranium enrichment capacity to bolster national security and defense energy resilience. The move aims to reduce dependence on Russian and Chinese enrichment services while accelerating fuel‑cycle innovation for advanced reactors,...
Singapore’s Energy Market Authority warned that electricity and town‑gas tariffs will likely rise sharper in coming quarters as global energy costs surge amid the Gulf conflict. SP Group lifted household electricity rates by 2.1% – an increase of S$0.0056/kWh (≈ $0.0041/kWh)...
Swiss analytics firm Pexapark reports that recent LNG strikes in the Middle East are pushing up long‑term power purchase agreement (PPA) valuations across Europe. The conflict creates a structural supply‑side risk that tightens medium‑term fundamentals, especially in markets with limited...
A new UCLA Emmett Institute report titled *The Price of Resilience* examines how wildfire‑related costs are allocated between transmission customers and retail ratepayers. In California, wildfire mitigation and liability expenses now represent roughly a quarter of residential electricity bills, driven...
Copenhagen has finished converting its entire municipal bus network to battery‑electric vehicles, with routes 19 and 5C switched on 29 March. The final rollout added 15 electric buses on route 19 and 37 on the capital’s busiest line, 5C, which carries about 17 million passengers...
Advait Energy Transitions Ltd secured four medium‑voltage covered conductor (MVCC) contracts from Paschim Gujarat Vij Company Ltd (PGVCL) worth roughly ₹191.25 crore (about $23.3 million). The orders span Morbi, Bhavnagar, Amreli and Surendranagar districts and cover supply, installation, testing and commissioning. All...
T1 Energy Inc. held its Q4 2025 earnings conference call on March 31 2026, featuring CEO Daniel Barcelo, CFO Evan Calio and other senior leaders. The call opened with standard forward‑looking statements and a reminder that risks are detailed in the company’s Form 10‑K....
Utilities will spend $50M on a substation upgrade before spending $10K on equipment that gives them access to your EV battery. That battery in your garage could be powering the grid during peak demand instead of another substation nobody wanted. The lack...
National Grid’s Distribution System Operator (DSO) has unveiled a cloud‑based Curtailment Estimator, a self‑serve tool that instantly delivers high‑level and technical curtailment insights. By pulling the latest connections queue, network data, and historic load series, the platform generates bespoke reports...
From Belt and Road to belt tightening: China's neighbours get cold shoulder on energy But so far China has offered only vague statements and has yet to even publicly acknowledge the export bans reported by Reuters and others as it focuses...
Suncor Energy disclosed its growth plan at the annual investor day, revealing that its historic Base Plant mine will run out of bitumen by the mid‑2030s. To replace that supply, the company is evaluating two major expansion projects – an...
There’s a growing amount of excitement and trepidation around off-grid data centers. I’m not convinced many will actually go fully off-grid -- probably as a bridge in most cases. But it’s surfacing a more interesting tension about how we build the...
LNG production in Qatar, normally ~80 mm tonnes, has been effectively OFFLINE since March 2. The new Golden Pass LNG export terminal in the U.S. will add only 18mm tonnes at full capacity. NEW SUPPLY CAN’T OFFSET WAR-DRIVEN LOSSES. https://t.co/tVmip8DsaM
Terrasmart has launched the Peak Production Package for its PeakYield solar tracker software, touting a 5 % performance gain over prior versions. The upgrade adds terrain‑aware backtracking, cloud‑responsive positioning, and real‑time production monitoring, and it is DNV‑validated. Designed for both utility‑scale...
Interesting read on why Geothermal has not taken off as a domestic power source in CHina. https://t.co/sq8xn774Mg https://t.co/K0gI2v6nKr
According to AAA, the national average cost of a gallon of gas has just pierced $4.00 a gallon. THE WINDS OF WAR = HIGHER GASOLINE PRICES = MORE AFFORDABILITY PROBLEMS FOR TRUMP. https://t.co/LhuAOXiVXf
Bluetti introduced the EnergyPro 13K residential battery system, delivering 13.2 kW continuous power and a 150 A surge capability. The modular design lets homeowners stack up to four EnergyPack 500 units for a total of 19.2 kWh, while an integrated automatic transfer switch and 155‑A...
🫡 Just sat down and SHORT $USO and #oilrefinery What are you guys up to? @traderTVLIVE https://t.co/NZmEiRtDka
$CL WTI pre-market: $101.84. $BNO Brent: $108. Iran demanding sovereignty over the Strait of Hormuz. That's not a negotiating position. It's a non-starter — and everyone knows it. The war premium is permanent until proven otherwise. --- https://t.co/DwGuXTrsgJ
Russian-flagged oil tanker Anatoly Kolodkin approaches the area of anchorage while being assisted by a tugboat, in Matanzas, Cuba, March 31, 2026. REUTERS/Norlys Perez https://t.co/eewxf34Q5n
RIP ISO-NE FCM (2008-2026) FERC approved ISO-NE's proposal to replace the Forward Capacity Market with a prompt capacity market in which an Annual Capacity Auction (ACA) would be held 1 month before the capacity commitment period.
Q1 rotation: $XLE +20%. $QQQ -4.2%. Money is moving FROM innovation TO survival. That's not a style rotation. That's the market telling you what it believes about the economy. When energy beats tech by 24 points in a quarter, listen. --- https://t.co/SxMLhgCbeX
🇮🇩Indonesia will raise the blending rate for palm-based biodiesel to 50% (B50) from the current B40 on July 1, despite having scrapped this plan two months ago due to supply concerns. But war risks are now at the forefront. Indonesia is...
Transcript: There’s a New Playbook for Cutting Power Prices #energysky -- via Heatmap News https://t.co/9tZHm1N81C https://t.co/b88wqK0I8d
FACTCHECK: GB News owner Paul Marshall seems to dislike Christian leaders criticising his channel's attacks on climate action, so he made a rare public intervention But his letter to the Guardian (pic) makes 25 false, misleading or confused claims (!) Receipts in...
Residents of Sweetwater, Texas, are frustrated that the old wind-turbine blades have sat in the town for years. Authorities have stepped up efforts to hold someone responsible. Read more: https://t.co/VSyVgI0sBO 📷️: Brenda Bazán/Bloomberg https://t.co/y9bOmOKoEM
Molecular solar battery stores energy for days, yields hydrogen on demand #energysky -- via pv magazine global: https://t.co/uI9nAShJoB
LBNL just released an updated analysis of retail electricity price trends. Packed with credible data and analysis, including clarifications about data centers -- https://t.co/HSlAecpCgH
Hormuz closed==>global economic collapse If you don’t think that affects the US, you need a lesson in reality @thescooter49
