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:
Dolphin Drilling Nears Deal for North Sea Harsh-Environment Rig
Dolphin Drilling, the Oslo‑listed offshore contractor, signed a letter of intent to extend the contract for its Paul B. Loyd Jr. semi‑submersible rig through August 2030, potentially adding up to five more years of work. The rig, a 600‑metre water‑depth, harsh‑environment platform, is currently serving Harbour Energy and could remain active for another decade. The deal is expected to boost Dolphin’s backlog and provide clearer earnings visibility. The extension underscores the firm’s strategic focus on North Sea mid‑water assets.
BP's New All-Female Top Two Means the Renewables Dream Team Is History
BP has installed an all‑female leadership duo, naming veteran Carol Howle as deputy chief executive and Meg O’Neill as chief executive. The appointments replace the former “green dream team” that had steered BP toward offshore wind, solar and green‑hydrogen projects....
UK BEV Sales Surge 24% as Petrol
UK BEV sales jump 24% year-on-year in March 2026, the first full month since US/Israel attacks on Iran +47% PHEV in March (+47 YTD) +22% BEV (+15 YTD) +7% hybrid (+6) -6% diesel (-10) -11% petrol (-4) Petrol/diesel have lost 5 points of mkt share in...
Fast Breeders Unlock India's Thorium and U‑238 Potential
Have been reading about this for a while now. India has a specifically important need for Fast Breeders. The control of uranium is with other countries and India has too little - and what it has, the real fissile stuff...
KB Asset Management Launches the RISE US AI Electricity Infrastructure Active ETF
KB Asset Management has launched the RISE US AI Electricity Infrastructure Active ETF (ticker 0176E0.KS) on the Korean Exchange, tracking the Solactive US AI Electricity Infrastructure Index. The fund targets U.S. companies across power generation, transmission, data‑center infrastructure, and energy...
How the US–Iran War Is Disrupting LPG Supply in Meghalaya and Tripura
The US‑Iran conflict has choked the Strait of Hormuz, the conduit for roughly 90% of India’s imported LPG, creating a supply shock. In the Northeast, Tripura and Meghalaya are seeing long queues as hospitals receive full quotas while commercial users...
CPC Oil Exports via Black Sea Stable After Attack Reports
Kazakhstan’s deputy energy minister confirmed that oil shipments through the Caspian Pipeline Consortium (CPC) remain stable despite Russian claims of a Ukrainian attack on loading facilities in Novorossiysk. The CPC terminal, which moves about 80% of Kazakhstan’s crude, saw export...
Whysol Renewables Secures €319M Green Financing for Italian Renewable Energy Projects
Whysol Renewables Group, through its subsidiary Whysol ION Holding, closed a €319 million green financing facility backed by six major banks, including CDP, BNP Paribas, and UniCredit. The loan will fund two battery energy storage system (BESS) plants and four agrivoltaic installations...
How Utilities Actually Think
In a recent Shift Key episode, Alice Yake – former Xcel Energy chief planner and now VP of GRIDS at Breakthrough Energy – dissected how utilities decide what to build, revealing decades of over‑investment driven by shifting natural‑gas expectations. She...
Why Rising Energy Fears Are Turning UK Homes Into Mini Power Stations
UK households are rapidly installing rooftop solar panels and battery storage as rising energy price volatility fuels a desire for financial protection. Global supply shocks, especially in oil and gas, have pushed forecasts of higher bills, prompting consumers to seek...
ADNOC Assures Customer Supply Despite Habshan Pause
ADNOC Gas confirmed a fatality and several injuries after falling debris struck its Habshan natural‑gas processing complex, following an Iranian attack intercepted by UAE air defenses. The company assured customers that supply remains uninterrupted through its other facilities. Shareholders approved...
LG Energy Solution Flags Q1 Operating Loss on Weak EV Demand
South Korean battery maker LG Energy Solution (LGES) warned that it will record a first‑quarter operating loss of 208 billion won, about $138 million, as electric‑vehicle demand weakens. The loss would have been 398 billion won (~$265 million) without U.S. Inflation Reduction Act tax...
“Economic Civil War”: States Push Laws to Shield Oil and Gas Companies From Accountability
Republican‑led legislatures in 11 states are advancing at least 15 bills designed to immunize oil and gas companies from climate‑related lawsuits. The legislation, drafted by groups tied to conservative activist Leonard Leo, seeks to curtail public nuisance claims and shift authority...
Iranian Crude Trades at a Premium to Brent After US Waives Sanctions
The United States temporarily lifted the ban on Iranian crude on March 20, allowing Iran’s light oil to re‑enter global markets. This policy shift pushed Iranian crude $1 above the Brent benchmark, its first premium since May 2022, and narrowed the Brent‑Urals...
How Trump’s Iran Threat Is Hitting Oil, Inflation and Markets
President Donald Trump’s threat to eliminate Iran in a single night sparked an immediate surge in oil prices, pushing crude above $110 per barrel. Traders quickly priced in the heightened risk to the Strait of Hormuz, prompting equity markets to...
BW Energy Extends Dussafu License Off Gabon to 2053
BW Energy secured a 25‑year extension of its Dussafu Marin offshore production license in Gabon, pushing the expiry from 2028 to 2053. The deal, reached with Gabon's Ministry of Oil and Gas, gives the company long‑term certainty for investment and...
QCIL Inks Agreements with Ampin Energy and Radiance Renewables to Transition Facilities to Sustainable Energy
Quality Care India Ltd (QCIL) has signed agreements with Ampin Energy and Radiance Renewables to source solar power for five hospitals across Odisha, Chhattisgarh and Maharashtra. The first phase adds roughly 6 MWp of capacity, part of a broader 30 MW target...
Are Floatovoltaics the Next Big Thing in Renewable Energy?
Floatovoltaics—solar panels mounted on floating platforms—are emerging as a fast‑growing renewable technology that leverages water‑based cooling to lift panel efficiency and frees valuable land for other uses. Countries such as Germany, Russia and China already operate sizable floating solar farms,...
For Gulf States, Geography Is Both a Generous and Treacherous Patron
The article argues that the Gulf’s strategic location, which once turned deserts into petro‑states and global aviation hubs, is now a double‑edged sword as Iran’s strikes and the Strait of Hormuz blockage threaten energy exports and critical infrastructure. UAE and...
How EVs Could Solve a Problem with America’s Rickety Grid
A new study modeling the San Francisco Bay Area shows that vehicle‑to‑grid (V2G) technology can help balance electricity demand, but only if the power system is upgraded in advance. Researchers found proactive grid investments—new transformers and transmission lines—are cheaper than...
IGX Gas Trade Rises 28% YoY in FY26 to Record 76.8 Million MMBtu
The Indian Gas Exchange (IGX) posted a record 76.8 million MMBtu of gas traded in FY26, a 28% year‑on‑year increase and the highest volume in its history. Free‑market gas accounted for 47% of trades while domestic HPHT gas at a ceiling...
Agra Metro Saves ₹5 Million in One Year with Regenerative Braking Technology
Agra Metro has cut its electricity bill by roughly ₹5 million (about $58,000) in the first year after installing Sécheron’s IGBT inverter for regenerative braking, the first such deployment in India. The system captures braking energy and feeds it back to...
Pinergy Sets Ambitious 40MWp Commercial Solar Target
Pinergy, Ireland’s only fully integrated energy supplier, announced a push to install over 40 MWp of commercial solar projects across the island within the next three years. To drive this expansion, the company appointed Philip Connor as Head of Commercial Development,...
From Steel to Composite, a Strategic Transformation of European Power Grids
TenneT, the Dutch transmission system operator, has launched a multi‑year programme to replace its extra‑high‑voltage steel conductors with composite‑core cables. Epsilon Composite, via its Epsilon Cable unit, secured a framework agreement to supply these advanced conductors. The move aims to...
South Korea Sets 20% Renewable Power Goal for 2030
South Korea announced a plan to raise renewable electricity to at least 20% by 2030. The government aims to expand renewable capacity to 100 GW, primarily through solar and wind, up from an 11.4% share last year. The strategy also calls...
How Pakistan’s Solar Boom Is Shielding It From Worst of Iran War Crisis
Pakistan’s rapid solar expansion is buffering the country from soaring global energy prices triggered by the US‑Israel war on Iran and the closure of the Strait of Hormuz. A Balochistan farmer, Karim Baksh, swapped a diesel pump for a $1,075...
India Back to Buying Venezuelan Crude
India is set to import over 12 million barrels of Venezuelan crude this month, the highest volume since February 2020, as it seeks to replace Middle‑East supplies disrupted by the Iran war. The cargoes, mainly the sulfur‑rich Merey blend, were secured before...
Trump Floats US Toll on Hormuz
President Donald Trump suggested the United States could levy tolls on vessels transiting the Strait of Hormuz, a waterway that moves about 20 % of global oil and LNG. The proposal would require a U.S. military presence despite the strait lying...
Black Sea Oil Hubs in Crosshairs After Drone Strikes
Ukraine intensified drone attacks on Russian oil export hubs in the Black Sea, striking the Caspian Pipeline Consortium (CPC) terminal near Novorossiysk. The strikes damaged a single point mooring, loading infrastructure, four storage tanks, and six of seven berths at...
Trump’s Offshore Wind Opposition Was Never Really About the Whales
The Trump administration has repeatedly invoked whale protection to oppose U.S. offshore wind, despite no evidence that turbines threaten marine mammals. Last week, a Trump‑appointed “God Squad” voted unanimously to exempt Gulf of Mexico oil and gas projects from Endangered...
Banpu to Invest $1.5bn to Expand Operations in US
Thai energy group Banpu announced a minimum $1.5 bn (Bt48.86 bn) investment to expand its U.S. power portfolio, targeting roughly 1 GW of new generating capacity. The plan centers on building or acquiring gas‑fired plants in Texas, where the company already operates two...
Molecular Engineering‐Regulated Donor‐Acceptor 1D Covalent Organic Frameworks with Bipolar Redox‐Active Centers for High‐Performance Organic Li‐Ion Battery Cathodes
Researchers have synthesized two donor‑acceptor type one‑dimensional covalent organic frameworks (1D COFs) with bipolar redox‑active centers and integrated them onto carbon nanotubes (CNT) to form dendritic core‑shell composites. Molecular engineering narrowed the energy gap, boosting electronic conductivity, while in‑situ CNT...
Petrodollar Death Rants Are Wishful, Not Insightful
🧵There’s been an acute breakout of death of the petrodollar thought pieces over the weekend. This should have discerning investors thinking twice. Not about the dollar, however. About piling into an obviously crowded and extremely unoriginal perspective that is mostly...
Hunting Gets $63.5 Million of Subsea Orders for New Development Off Guyana
London‑based energy services firm Hunting has secured subsea contracts worth $63.5 million for a new offshore development off Guyana. The award covers the delivery of Hunting’s titanium stress joint (TSJ) product line through its Subsea Spring unit, with revenue to be...
Contentious Solar Project Scrapped After Work Fails to Start on Time
Flow Power has abandoned the 100 MW Springdale solar project north‑west of Sutton after the state planning permit expired in February. The $120 million AUD (~$79 million USD) development missed the February 19 deadline to commence construction, and the company cited the absence of...
GHNF Extends to Wales
The Green Heat Network Fund (GHNF) is opening to Welsh applicants for the first time in its 12th funding round. The UK government has pledged an extra £195 million per year in capital funding for the scheme through 2030. Welsh public...
Carlova Expands Tankers Newbuild Slate
Carlova Maritime is expanding its tanker fleet by ordering a second 300,000‑dwt VLCC from South Korea’s Hanwha Ocean, slated for delivery in Q3 2029, and securing an early‑construction slot for a 114,000‑dwt Aframax at China’s Hengli Heavy Industries for Q2 2028. The...
US Retail Giants Outearn OPEC’s Oil Revenues
Petrodollars? Here, from Grok: Direct Comparison (2024 data) 🔴OPEC (12 countries) oil export revenues: $550 billion 🔴Top 12 U.S. companies combined: $4.924 trillion → ~9 times larger than OPEC’s total. 🔴Just the #1 company (Walmart): $681 billion → already larger than all of...
Fuel Crunch: Does Australia Have Enough Cards to Keep up Supply?
Australia faces a fuel crunch as global oil supplies dip 20% and the Strait of Hormuz remains closed. The government has secured enough refined fuel to last until May, but without sizable domestic stockpiles it must lean on alternative sources,...
Symra Beats Start-Up Schedule, DNO Boosts North Sea Output
DNO ASA announced the Symra field offshore Norway is now producing, nine months ahead of its original schedule. The company holds a 20% stake and expects the field to contribute 4,000‑5,000 barrels of oil equivalent per day net at plateau,...
Novatek Creates Shipbuilding Arm
Novatek, Russia's largest independent gas producer, has launched a shipbuilding subsidiary, Severny Inzhiniring, to build and maintain ice‑class LNG carriers and condensate tankers. The move aims to circumvent Western sanctions that have cut off access to Asian yards like Hanwha...
Westinghouse Files to Update AP1000 Design Certification, Make Vogtle Expansion the U.S. Reference Plant
Westinghouse has submitted Revision 20 of the AP1000 Design Control Document to the Nuclear Regulatory Commission, proposing the as‑built Vogtle Unit 4 as the new reference plant for all future AP1000 projects. The filing, targeted for NRC approval by 2026, would create...
China's Secret Grip on Strait of Hormuz Challenges US
🤔😱😨I just heard something that left my head spinning: China has outmaneuvered the US and seized effective control over the Strait of Hormuz. If true, it explains why direct military action against Iran won’t reopen the strait, why the Trump team is...
Europe Can't Afford to Skip Energy Transition, Says Central Bank
🇪🇺🇪🇺🇪🇺 "...the real question is no longer whether Europe can afford to make the energy transition. It is whether it can afford not to. From a central banking perspective, the answer is clear." 🇪🇺🇪🇺🇪🇺 ⚡️⚡️⚡️ #alwaysbecharging https://t.co/mw6zNYC63B
Coal to Liquids: Coalition’s Latest Energy Brain-Fart Is Their Craziest yet, and that Takes some Doing
Australian coalition leaders Angus Taylor, Matt Canavan and Andrew Hastie are championing a coal‑to‑liquids (CTL) scheme as part of the nation’s energy strategy. Experts warn the technology is prohibitively expensive—estimated at $8 billion and a decade to construct—and among the most carbon‑intensive...
Rising Energy Costs Accelerate Electrification, Punish Slow Movers
Higher energy costs strengthen the business case for electrification and efficiency. History shows crises accelerate the transition. Companies most at risk are those that were slow to act. My comments in @Top1000Funds https://t.co/3KbHsAORIu https://t.co/tJlb60RW1a
CATL Appoints Former Zijin Mining Founder as Mining Adviser
Top EV battery maker CATL has tapped the founder and ex-chairman of Zijin Mining as an adviser for its growing mining business, according to people familiar with the matter https://t.co/bIslk5SVG8
Iran's Moves
What Iran means for the dollar: a perfect storm for the petrodollar - Deutsche Bank Research Institute https://t.co/gVdGKCUzyc Why have fiat as an intermediary when you could trade oil tokens for wheat tokens (or whatever) ? https://t.co/ocO6m7zPVd
War Miscalculations Mask True Energy Crisis Delusion
LAUNCESTON, Australia, April 7- The U.S. and Israeli war against Iran has been characterised by a series of miscalculations by most of the involved and peripheral parties, but the real danger is the delusion over the scale of the resulting...
Pakistan Shuts Shops Early as Qatar LNG Supply Stalls
Pakistan will close shops early in its latest energy-savings measures 🇵🇰⚡ Markets, malls and shops across most of the country will shut by 8pm Pakistan received 99% of its LNG from Qatar last year. Qatar has halted exports for over a month...