Know What's Happening in Energy
Know What's Happening in Energy
Flex to acquire Electrical Power Products for $1.1B
Flex Ltd. agreed to buy Electrical Power Products for about $1.1 billion in cash. The target adds roughly $323 million of annual revenue and a mid‑to‑high‑teens EBITDA margin. Flex expects the acquisition to be accretive to adjusted earnings per share in the first full fiscal year.
Also developing:
By the numbers: Oil majors snap up $164M Alaska oil leases
The Australian Renewable Energy Agency (ARENA) is committing up to AUD 25.3 million (approximately US$16.7 million) to NewVolt to build a shared fast‑charging network for electric trucks in Victoria. The first of three open‑access hubs will open in late 2026, with two more slated for 2027, covering Melbourne’s western, south‑eastern and northern freight corridors. The initial phase targets 50‑100 heavy‑duty electric trucks operating across greater Melbourne. ARENA’s backing aims to lower infrastructure costs and accelerate the shift from diesel to electric freight.
Solar energy hasnt had a price hike in 4.5 billion years. Meanwhile, oil has shot up over $100/barrel today and will likely set a new record high for a second time in 4 years above $150/barrel.
Not sure what to make of words on the war from Trump any more, but here you go: "Trump tells aides he's willing to end war without reopening Hormuz" -- WSJ Admin officials assess that forcing the waterway back open would mean...
Queensland set a new wind‑generation record on Monday, delivering 30.1 percent of state demand at 2:35 a.m. with a peak output of 1,704 megawatts. The achievement was driven by the partially commissioned MacIntyre wind farm and the newly operational Clarke Creek and Coopers Gap...
The longer the strait remains closed, the more it will roil the global economy and boost gas prices. Multiple countries, including U.S. allies, are reeling from the downturn in energy supply that once flowed freely through the chokepoint. Industries that...
Paper led by @JEBistline and EPRI Regen model team confirms that the "Three Pillars" (incremental, deliverable, time matched clean supply) are the GOAT for minimizing emissions impacts of electricity procurement https://t.co/X2SDs7EKRM https://t.co/ElRpp9zS7n
Crude oil prices jumped above $115 per barrel after a drone attack struck a Kuwaiti‑flagged tanker transiting the Red Sea. The incident heightened concerns over potential supply disruptions in a key shipping corridor, prompting traders to bid up Brent and...
“China suppliers warn of higher prices for Americans due to Strait of Hormuz closure”, who writes these headlines at @CNBC 🤣! AI? https://t.co/B3hagjn68P
Back in November, no one wanted to own energy, per the BofA Global Fund Management survey. When things get lopsided like this, that is always the opportunity. https://t.co/thYulrNRnc
Fortis Solutions introduced its NetRaven and Source of Truth AI-driven platforms, and PG&E began using Atomic Canyon's Neutron generative AI tool at the Diablo Canyon nuclear plant. Both moves aim to cut manual effort, improve compliance, and boost operational agility...
Perch Energy and Soltice merger scales to 3 GW amid global energy volatility #energysky -- via pv magazine usa: https://t.co/TUzqm6vhld
Strait of Hormuz Update 30 March | Is Australia Running Out of Petrol? | Where are Trump's Tankers? Video: https://t.co/4WjNWhP2Hq https://t.co/uqAn5bK21P
Zenith Energy Ltd announced an independent re‑valuation of its Italian solar pipeline, now totaling 173.5 MWp and worth €54.7 million (≈$59 million), nearly double the €27.5 million valuation from December 2025. The company plans to divest 50 MWp—about 20 MWp operational and 30 MWp ready‑to‑build—for roughly €41 million...
Spring’s shoulder season brings temperature swings of 30°F or more, forcing homeowners to toggle between heating and air‑conditioning multiple times a day. While modern HVAC systems can technically handle these rapid changes, frequent cycling can increase energy use and accelerate...
JUST IN: U.S. crude oil surges past $100 for the first time since 2022, dragging Asia-Pacific markets lower.
Michael Spence warns that the global economy is riddled with single‑point chokepoints, from the Strait of Hormuz and Malacca to the Suez and Panama canals. Concentrated supply chains—such as Japan’s micro‑controller firms, the ASML‑TSMC‑Samsung semiconductor trio, and China’s rare‑earth dominance—have...
The Australian government’s planned fuel excise cut, worth about 26 cents per litre (≈ 0.18 USD), is expected to lower pump prices. However, analysts warn that in a tight, just‑in‑time supply chain, the sudden price drop could spark a rapid surge in consumer...
Houthi rebels have entered the Middle East war, raising concerns over oil supply disruptions. Brent crude rose to $116.75 per barrel and WTI topped $100 as the rebels threatened to close the Bab al‑Mandab strait, which handles about 6 million barrels...
Europe’s existing nuclear fleets, exemplified by France, blunt gas‑price spikes but cannot fully insulate electricity markets. New nuclear builds such as the UK’s Hinkley Point C are delayed to 2030 and now cost roughly $61 billion, far higher than the original $22.5 billion...
In before times, headlines like these would lead to answers in the article. Under Trump 2.0, they’re just open questions. https://www.nytimes.com/2026/03/30/world/americas/russian-oil-tanker-cuba.html
Iran struck a fully‑laden Kuwaiti tanker in Dubai, igniting a fire and damaging the hull. The attack pushed West Texas Intermediate futures up almost 4% to around $107 a barrel and Brent crude near $115. President Donald Trump responded with...
The episode explains that Kharg Island is Iran’s primary oil export hub, handling over 90% of the country’s crude shipments—about 1.7 million barrels a day, or roughly 1.5% of global supply. Experts Humayun Falak Shahi (Kpler) and Dr. Anahita Motazad‑Rad (LSE)...
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The Fuels Industry Association of South Africa says overall fuel supply is stable but diesel is tight ahead of the April 1 2026 price adjustment. A planned shutdown of the Cape Town refinery, set for mid‑April, will rely on imports and is...
Germany’s state‑owned energy trader SEFE (Securing Energy for Europe) announced it will issue a major liquefied natural gas (LNG) purchase tender on Tuesday, targeting deliveries to Northwest Europe. The tender is designed to bolster regional supply security as the Middle...
Grigory Berezkin transformed distressed oil assets into a $600 million sale to LUKOIL, then revitalized the Arctic‑based Kolenergo power utility before exiting the energy sector in 2003. He later built Russia’s leading free‑daily newspaper Metro, grew RBC into a multi‑platform business...
US methanol spot prices hit a four‑year high of 135 cents per US gallon for April delivery, up 10 cents from the previous week. The surge follows a March‑long rally driven by the war in the Middle East Gulf, which has disrupted...
Crude traded in the range of 90-127 , between 2011-2014 , for almost 42 Months , India survived well in that period.. In 2011 we had inflation of 10% , Right now it is around 4-5% . Don’t panic !
While it’s possible that Iran’s enriched uranium could be secured by a diplomatic deal, most recent discussions have involved special forces’ boots on the ground And boots on the ground is going to seriously complicate efforts to reopen to Strait of...
The article argues that artificial intelligence, like nuclear power, is a new source of energy that only creates value when the surrounding system— the "grid"—is rebuilt to absorb and act on its output. In healthcare, AI models can flag disease...
Jim Cramer says oil prices have topped. Bad news, I’m afraid oil is officially going to $200!
Chile: Grenergy places 2.6GWh BESS order with BYD, Engie energises 230MWh project #energysky -- via Energy Storage News: https://t.co/q0NRftjXJ2
Vermont’s 2024 climate‑superfund law obligates fossil‑fuel companies to cover adaptation costs linked to climate change. The Trump administration, through the Justice Department, sued to block the statute, claiming it violates the Constitution by regulating emissions beyond state borders. The U.S....
Many homes already have the power to electrify, study finds #energysky -- via Canary Media: https://t.co/hxC3VuPtzy
Trump warns the US may strike Iran’s energy infrastructure if talks fail - per WSJ
A coalition of energy and consumer‑advocacy groups is pressing the Australian government to accelerate electrification of transport, heating and industrial processes, leveraging the country's abundant renewable resources. They argue that shifting to electric technologies will improve energy security, lower costs...
Golden Pass LNG in Texas Produces First LNG as Hormuz Crisis Disrupts Global Gas Flows https://t.co/OSUeOpMO0T
When battery imbalance turns 11% of capacity into stranded energy #energysky -- via pv magazine global: https://t.co/Gwbyq5PKYL
Egypt and Cyprus signed a gas framework agreement to cooperate on the development of the Cronos offshore field. The Cronos reservoir holds about 3.1 trillion cubic feet of natural gas in Cypriot waters. The parties stopped short of a final investment...
Why the Real Oil Crisis Hasn’t Started Yet #energysky -- via Heatmap News https://t.co/Ngf3zAyeSS https://t.co/gyEcJO0VT9
The world is in an energy crisis as Hormuz is closed. Europe and Asia are running out of oil and gas. Meanwhile Ukraine is striking Russian energy infrastructure using EU and U.S. funded weapons. What a retarded timeline.
Oil prices swung sharply on Monday as mixed signals emerged from U.S.–Iran negotiations, with Brent crude ranging between $111 and $115 per barrel and WTI holding near $104. U.S. equities slipped 0.4%, extending a five‑week decline, while European markets edged...
Reducing CO2 emissions is paramount. But reducing methane is necessary for avoiding critical warming thresholds. Warning we could soon cross these limits while downplaying the importance of methane reductions is hypocritical.
Italy’s Whysol bags financing for 328MW agriPV, energy storage portfolio #energysky -- via pv-tech: https://t.co/yfmMxdpHKP
The EPA announced higher Renewable Volume Obligations, expanding the mandated share of renewable fuels and boosting demand for corn‑based ethanol. Michigan Corn Growers Association leader Scott Piggott says the change could help offset the average 93‑cent‑per‑bushel loss reported by corn...
European BESS route-to-market optimisers Entrix, GridBeyond raise €55 million #energysky -- via Energy Storage News: https://t.co/0vPiFdrlwz
Tomorrow, Binance will launch futures trading for oil and natural gas with leverage of up to 100x. Something is brewing… https://t.co/2UrdYDAhxr
More crude oil is offline across the Middle East than ever before, with roughly 7 million barrels per day shut in due to conflict‑related damage and precautionary curtailments. The blog analyses restart timelines, highlighting that infrastructure repairs and well damage could...
"Oil prices are putting a lot of pressure on the 'already weakened' domestic economy" - @perkinscr97 https://t.co/6eQLOwwmn9
What looks irrational is actually desperation @gbrew24 The U.S. can’t both punish Iran for exports & limit greater damage to global oil markets Then there’s China—possibly the only power capable of mediating an off ramp It’s why talk of seizing Kharg is...
Panasonic expands lithium-ion and supercapacitor production to meet future data center power needs, responding to AI infrastructure pressures worldwide. https://t.co/RLTyvQgQF4
