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:
SLB OneSubsea, Subsea7 Sign Development Agreement with PETRONAS Suriname
SLB OneSubsea and Subsea7 have entered a strategic collaboration with PETRONAS Suriname to develop offshore subsea projects in the country’s emerging deep‑water basin. The Subsea Integration Alliance creates a long‑term framework for early engagement across the project lifecycle, covering engineering, procurement, construction, installation and commissioning (EPCIC) services. The partnership targets cost‑effective solutions, faster timelines and improved economics for subsea production systems and SURF infrastructure. It builds on an existing relationship and aims to unlock Suriname’s growing offshore potential.
Nigeria Touts $18 Billion Upstream Investment, Output Gains Ahead of Paris Forum
Nigeria announced $18.2 billion in approved upstream projects for 2025, covering 28 field developments and targeting roughly 1.4 billion barrels of reserves. Crude output has risen to 1.6‑1.7 million barrels per day, boosted by heightened drilling and a 200,000 bpd contribution from indigenous operators...
Decom Engineering Secures U.S. Patent for Subsea Cutting Technology
Decom Engineering has been granted a U.S. patent covering its proprietary Chopsaw subsea cutting system, which features a linear‑drive cutting head, modular drive configuration, and adaptable clamping. The patented design promises higher precision, safer operation, and faster on‑site maintenance for...
ABL Completes Multi-Phase Transport of Northern Endeavour FPSO to Recycling Yard
Australian marine services firm ABL has completed the final stage of transporting the Northern Endeavour FPSO from Australia to a recycling facility in Frederikshavn, Denmark. The multi‑phase operation included riser and mooring disconnection, a wet tow to Singapore, dry‑dock modifications,...
Eni Makes 2 Tcf Gas Discovery Offshore Egypt with Fast-Track Development Potential
Eni announced a 2 trillion‑cubic‑foot (Tcf) gas and condensate discovery at the Denise W‑1 well in Egypt’s Temsah concession, located about 70 km offshore in 95 m of water. The find sits less than 10 km from existing processing and export infrastructure, enabling a fast‑track...
Kharg Island Targeted in U.S. Strikes as Hormuz Tensions Lift Oil Prices
The United States launched precision strikes on military installations at Iran's Kharg Island, deliberately sparing the island's oil export terminals. The attacks, part of a broader campaign to pressure Tehran, coincided with President Trump's warning of a larger operation if...
Technip Energies Continues EPC Work on Commonwealth LNG Ahead of FID
Technip Energies has secured a substantial EPC authorization to continue work on the Commonwealth LNG project in Cameron Parish, Louisiana, as the development moves toward a final investment decision. The award, valued between $578 million and $1.15 billion, covers key engineering, procurement...
EU Approves €144m French Hydrogen Project for Fertiliser Industry
The European Commission has cleared a €144 million ($155 million) state‑aid package for HyforSeeds to install a 50 MW renewable hydrogen electrolyser at LAT Nitrogen’s fertilizer plant in eastern France. The hydrogen will replace up to 15% of fossil‑based feedstock in ammonia production,...
Oil Prices Peaked on March 9, Not Today
i still think it's cool that despite all the hooplah you'll hear today about oil prices selling off (and some will even saying peaking), they topped a month ago, on March 9th (not yesterday)... just like volatility $VIX did... 🧐🤨🤓...
The Market Brief
The brief highlights a classic “TACO” (Trump Always Chickens Out) scenario, where President Trump announced a two‑week cease‑fire with Iran just before the 8 p.m. deadline, underscoring his pattern of escalating crises to extract concessions. It links this political playbook to...
Vertical Rooftop PV Debuts in the U.S.
Norwegian specialist Over Easy Solar has launched its first U.S. rooftop vertical photovoltaic system, a 100 kW bifacial array installed on a green roof in Queens, New York. The super‑light, ballast‑free design delivers between 100,000 and 140,000 kWh annually, depending on albedo,...
China Connects Its 'Deepest' Offshore Wind Farm to Grid
China Huaneng Group has brought its 504 MW Shandong Peninsula North offshore wind farm online, marking the country’s deepest commercial offshore wind connection at 52‑56 m water depth. The farm consists of 42 turbines, each 12 MW, and is expected to generate roughly...
Ukraine Torches Putin’s Iran War Windfall, as EU Allies Sweat over High Energy Prices
Ukraine’s intensified drone and missile strikes have knocked out roughly 40% of Russia’s oil export capacity, cutting about one million barrels per day from the market. The Kremlin responded by expanding a gasoline export ban to all producers until July...
£56M Infrastructure Programme Launched Across Cumbria’s Electricity Network
SP Electricity North West has launched a £56 million (≈$71 million) infrastructure programme to replace a 47 km stretch of overhead lines on Cumbria’s West Coast. Phase one will replace 152 pylons on the 132 kV Cumbria Ring, boosting capacity and supporting rising electricity...
Canada’s Smallest Province, Prince Edward Island, Issues REOI for up to 50MW of BESS
Prince Edward Island’s utility, PEI Energy Corporation, issued a request for expressions of interest on March 23 for a 10‑ to 50‑MW battery energy storage system with a four‑hour duration, optionally extendable to eight hours. The project would almost double the...
IPPs Zelestra, BNZ Adding BESS to Solar PV Plants in Southern Europe
Independent power producers Zelestra and BNZ are accelerating hybrid solar‑and‑storage deployments in Southern Europe. Zelestra signed a PPA with EDP to retrofit its 50 MW Pizarroso plant in Spain with a 160 MWh battery, marking the first retrofit‑type solar‑plus‑storage agreement in the...
Renewable Fuel Standard Politics Roil Outlook for E15
The EPA’s new biofuel‑blending rules set record Renewable Fuel Standard quotas but reallocated 70% of the 2023‑25 small refinery exemptions into the 2026‑27 standards, widening the rift between large and small refiners and complicating year‑round E15 legislation. Farm‑state lawmakers, especially...
US‑Iran Cease‑Fire Triggers 16% Brent Drop and Global Market Surge
The United States and Iran announced a two‑week cease‑fire, sending Brent crude tumbling 16% to about $93 per barrel. The relief in oil markets lifted Asian equity indices and U.S. futures, marking the day’s biggest geopolitical shock for the global...
Jamaica’s Fuel Tax Faces Backlash as Prices Jump $21‑$22.50 per Gallon
Mayberry Group Executive Chairman Christopher Berry called on the Jamaican government to slash the Special Consumption Tax on fuel after Petrojam raised gasoline prices by $21‑$22.50 over five weeks, making tax 31% of the pump price. The move comes amid...
600+ New US EV Chargers Added as Gas Prices Surge
US charging networks added more than 600 new stations in the first quarter as high gas prices reignite interest for EVs https://t.co/GuDxViha73
U.S. and Iran Seal Two‑Week Cease‑Fire, Reopen Strait of Hormuz, Relieve Oil Shock
The United States and Iran announced a two‑week cease‑fire on April 7, ending active combat and reopening the Strait of Hormuz, a chokepoint for over 20% of world oil. The deal includes Iran’s ten‑point peace plan, a $2 million per‑vessel transit fee...
Delta Hikes Bag Fees as Jet Fuel Spikes to $209 per Barrel
Delta Air Lines announced a $10 increase for the first and second checked bag and a $50 hike for a third bag on domestic and short‑haul routes. The move comes as jet fuel prices have surged to about $209 per...
Refining Margins to Provide Buffer as Shell Gas Production Takes War Hit
Shell expects its Integrated Gas production to drop to 880,000‑920,000 barrels of oil equivalent per day in Q1 2026, down from 948,000 boed in Q4 2025, as Middle‑East conflict curtails Qatari volumes. The British energy major projects refining margins rising to $17...
Eco Wave Power Reports Continuous Operations of Its Israeli Pilot Project
Eco Wave Power’s pilot at Jaffa Port in Israel operated continuously throughout March, producing over 1,200 kWh of renewable electricity during six days of moderate wave conditions (1‑2 m). The system recorded zero downtime and has maintained consistent performance in waves of one...
How the Iran War Is Reordering the World, Second and Third-Order Effects
The U.S.-Israeli war against Iran has quickly moved beyond battlefield strikes to generate sweeping second- and third-order effects. Closure of the Strait of Hormuz has cut roughly 20% of global oil flow, sending Brent crude above $120 and triggering stagflationary...
BYD Dealer Group Signs Strategic Partnership with Humax
Harmony Automotive, a UK dealer group operating six BYD showrooms, has entered a strategic partnership with Humax EV Charging. The deal lets customers bundle the Humax MX7 home charger and installation into their vehicle financing, priced at £999 (about $1,270)....
3 Clean Energy Stocks With Bullish Moving Average Signals
The iShares Global Clean Energy ETF has risen over 60% in the last year, showing that clean‑energy stocks are thriving despite the One Big Beautiful Bill Act’s phase‑out of solar tax credits. Advances in solar technology, continued tax incentives for...
ENGIE to Expand European BESS Portfolio with Projects in Spain and France
ENGIE announced the acquisition of two battery energy storage system (BESS) projects in Spain—78 MW/312 MWh in Álora and 200 MW/800 MWh in Tarifa—and the start of construction on a 110 MW/220 MWh facility in France. The additions lift ENGIE’s European BESS capacity above 1 GW, complementing...
KBL Powers Kalpakkam FBR Milestone as Reactor Achieves Criticality
India’s Fast Breeder Reactor at Kalpakkam has reached criticality, a pivotal step in the nation’s three‑stage nuclear strategy. Kirloskar Brothers Limited (KBL) supplied the primary and secondary heat‑transport pumps—each weighing about 135 tonnes and capable of handling liquid sodium above 500 °C....
Toyota Keeps Hydrogen as a Hedge
Toyota Motor Corp is maintaining its hydrogen fuel‑cell program as a strategic hedge against the accelerating shift toward battery electric vehicles. The automaker announced plans to scale production to roughly 30,000 fuel‑cell vehicles a year by 2030 and is committing...
Renault Group Bundles Charging Activities Under New ‘Plug Inn’ Brand
Renault Group has folded its Mobilize Beyond Automotive charging business into its core operations and rebranded the portfolio as Plug Inn. The new brand covers the bidirectional Powerbox, the Charge Pass subscription and the fast‑charging network, now called Plug Inn Fast Charge....
Ceasefire Announced: Oil Below $100, US Market Futures up Sharply
A surprise two‑week cease‑fire between the United States and Iran caused oil prices to plunge below $100 per barrel, with Brent falling about 13% and U.S. benchmarks mirroring the drop. The sharp decline sparked a risk‑on rally, lifting S&P 500 and...
Which Power Markets Are Most Impacted by the Middle East Conflict?
Wood Mackenzie’s analysis of 13 major power markets shows that those heavily reliant on imported coal and gas could see generation costs jump by $8.30 per megawatt‑hour if current fuel price spikes persist through 2026. Japan, South Korea and Italy...
Mainstream Media Overlooks Intermediate-Term Oil Trend
Oil and Energy Prices Context (see table) of the intermediate-term TREND isn't what you'll get from clickbait MSM today You'll just get inundated with immediate-term TRADE commentary https://t.co/bqrNPXnKCV
Oil Plunges yet Bullish Fractal Trend Remains Intact
OIL: down big obviously, but the key mathematical answer to observe is whether it breaks its Bullish Fractal TREND Pattern? A: so far, not even close https://t.co/zvJXX9HHEM
Generational Adds Cell-Level EV Battery Testing for Dealers
Generational has introduced cell‑level voltage testing to its EV battery diagnostics platform, enabling dealers to spot individual cell imbalances before they affect overall health scores. The feature lets non‑technical staff run on‑site checks, identifying weak cells that could reduce range...
Voluntary Blending Rises as Biodiesel Premiums Turn Negative in the EU
Crop-based biodiesel in the EU fell below fossil diesel prices on April 2, with FAME 0 and RME premiums turning negative for the first time. The price gap, roughly $45 per tonne, makes a 7% biodiesel blend cheaper than pure...
Adani Group Plans to Invest over ₹33,000 Crore for 3 Projects in Odisha
Adani Group announced a ₹33,081 crore ($4 bn) investment in Odisha to build a thermal power plant, a cement manufacturing unit, and a data centre. The thermal plant, costing about ₹30,181 crore ($3.6 bn), and the cement unit, at ₹2,100 crore ($250 m), will be located...
Bluetti Launches EnergyPro 13K Home Storage System in US
Chinese battery maker Bluetti has introduced the EnergyPro 13K (EP13K) home storage system in the United States, marking its latest generation of whole‑home backup solutions. The EP13K delivers 13 kWh of usable capacity, higher output power, and a modular, semi‑portable design...
Exclusive: Record Funding for Fusion Power Lands as Trump Eyes Cuts
The Energy Department’s ARPA‑E announced a record $135 million investment over the next 18 months to accelerate fusion technology development. The funding, the largest single fusion allocation in ARPA‑E’s history, aims to overcome technical barriers preventing commercial scale. Simultaneously, President Trump’s...
Walmart’s DC Fast Charging Network Already Has Hundreds Of Ports
Retail giant Walmart has expanded its EV fast‑charging network by 50% in just two months, now operating 31 DC fast‑charging stations with 224 high‑power connectors across the United States. The chargers are 400 kW units supplied by Alpitronic and ABB, each...
Milestone for Industrial Decarbonization: Plug Power Delivers 275 MW Electrolyzer for Project in Québec - Stock Surges
Plug Power won a contract to supply a 275 MW PEM electrolyzer system for Hy2gen’s Courant project in Baie‑Comeau, Québec. The electrolyzer will draw electricity from Hydro‑Québec’s grid to produce low‑carbon ammonia that will be converted into renewable ammonium nitrate for...
Global Hydropower Investment Poised for Recovery After Decade-Long Slump – Report
Global hydropower investment, which peaked at nearly $60 bn in 2013, has been on a downward trajectory for a decade, falling to about $29 bn in 2024. The decline was fueled by a shift toward wind and solar, heightened environmental concerns, and...
Uruguay Boosts Renewables to 99% in a Decade
Uruguay generates nearly 43% of its electricity from wind and solar. In 2010, the share was less than 1%. Most of the rest if hydro. Today, Uruguay produces nearly 99% of its electricity from renewable sources. More here https://t.co/QyMDvrfjXT https://t.co/ILDqriuoAk
Morning War and Oil Commentary Turns Especially Harsh
The war and oil takes before yesterday were bad but the takes this morning seem extra bad and particularly strident. https://t.co/EYFdUKg6uK
Europe’s Electric Vehicle Conundrum
The episode examines Europe’s dual transition: decarbonising transport through rapid EV adoption and maintaining a competitive automotive industry amid Chinese overcapacity and shifting US subsidies. Guests explain how the EU’s reliance on Chinese batteries and EVs threatens supply‑chain resilience, while...
France Leads 15-Country Effort to Reopen Strait of Hormuz
France is heading a coalition of about fifteen countries to restart commercial traffic through the Strait of Hormuz after a U.S.-Iran cease‑fire was announced. The strait moves roughly one‑fifth of global oil, about five million barrels daily, making its reopening...
XAI Powers Grok with Illegal Gas Turbines
Musk’s AI company, xAI, used unpermitted gas turbines to power the data center behind Grok. Thermal drone footage captured by Floodlight shows the turbines running at a custom-built power plant in Southaven, Mississippi, flouting clean air regulation https://t.co/nsfDYWZ6r7
Chinese Interest in Iranian Oil Wanes as Discount Disappears
Chinese refiners are inquiring about Iranian oil, although it's not a wholesale rush given prices are still significantly higher than before the war (the ~$10 discount to Brent is gone). Story link at the end
There’s Hope for the Offshore Wind Industry — Yes, Really
After the Trump administration froze offshore wind leases and halted five under‑construction projects, federal judges issued injunctions and the Interior Department recently let the deadline to appeal lapse, allowing construction to proceed. The five East Coast farms—two off Massachusetts, two...