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:
ABB Incorporates Generative AI Into Energy Management System
ABB has integrated generative artificial intelligence into its Energy Management System, branding the new capability as the Industrial Knowledge Vault (IKV). The AI layer lets users pose natural‑language questions about energy consumption, delivering instant analytics without manual data mining. Mining companies that rely on ABB’s platform can now extract real‑time insights on power use, equipment efficiency, and emissions. The feature is available through a free trial, signaling ABB’s push to embed advanced AI across industrial operations.
Scotland Won’t Pursue ‘Unproven’ SMRs and ‘Experimental’ Fusion as Focus Remains Renewables
Scotland’s SNP‑led government reaffirmed its ban on new nuclear projects, including small modular reactors (SMRs) and experimental fusion, emphasizing that these technologies remain unproven. Climate cabinet secretary Gillian Martin highlighted the urgent need for deployable renewable solutions, citing wind and...
The War and the Energy Transition
The Iran‑War has sent oil and gasoline prices soaring, with Brent crude climbing from roughly $70 to $115 a barrel and U.S. gasoline up about 30%. Natural‑gas costs have surged 50% in Europe and Asia, while U.S. prices remain flat...
Iran War Creates Unprecedented Oil Shortage, No Spare Capacity
The Iran war has disrupted a greater share of oil supplies than any previous shock. And this time, there is virtually no spare capacity available to make up the gap. @wsj
Drillers See Triple-Digit Crude and Hit the Brakes
U.S. oil drillers are seeing Brent above $100 a barrel and WTI over $90, yet most remain reluctant to expand output. The Dallas Fed Energy Survey shows only 21% intend to add significant wells, as firms focus on repairing balance...
Batteries: Still Boomin' (Pt II)
Utility‑scale battery energy storage systems have surpassed 267 GW worldwide since 2012, outpacing earlier forecasts. The deployment curve remains steep, with analysts noting that past projections were consistently conservative. Concurrently, geopolitical tensions and soaring oil prices are prompting a temporary coal...
Oil Rises, Asian Markets Sink as Middle East War Broadens
Oil prices surged on Monday as Brent crude briefly topped $117 a barrel and U.S. crude hovered around $102, driven by escalating conflict in the Middle East. Iran’s attacks on aluminium smelters in Bahrain and the UAE pushed metal prices...
The Future of Energy Geopolitics Is Written in Patents
The International Energy Agency’s State of Energy Innovation 2026 report finds energy‑related patents now account for roughly 10 percent of all global patents, with batteries alone representing about 40 percent of those filings in 2023. China has captured close to two‑fifths of...
Is NuScale's Plunge the Ultimate AI Contrarian Play?
NuScale Power (NYSE: SMR) plunged to a 52‑week low after a Q4 loss of $0.80 per share missed estimates and a wave of securities lawsuits, while major shareholder Fluor trimmed its stake. Despite the turbulence, NuScale boasts a robust balance...
Ameren Begins Testing Dynamic Line Rating Technology
Ameren Transmission Co. of Illinois has begun piloting Heimdall Power’s dynamic line rating (DLR) technology on its most congested transmission corridors. Since December, the utility installed 15 sensor units that clamp onto lines and will add another 15 before year‑end....
Premier Energies Commissions 5.6GW Solar Module Facility in Telangana
Premier Energies has commissioned a 5.6 GW solar‑module plant in Seetharampur, Telangana, raising its total manufacturing capacity to 11.1 GW. The 75‑acre facility can produce four G12R zero‑busbar TOPCon modules every 16 seconds and has begun trial production. It is expected to generate...
KISSing CVX and COP (FREE POST)
Rob Connors highlights a long‑standing pattern linking Chevron (CVX) and ConocoPhillips (COP) to the broader market. Over a century, CVX’s price relative to the S&P 500 has oscillated between roughly 2 % at lows and 9 % at highs, while COP’s ratio has...
Devon Energy’s Gaspar Sees Good Things Ahead, Stemming From His First Year and the Imminent Merger with Coterra Energy
Devon Energy CEO Clay Gaspar reflected on his first year, highlighting a three‑pillar strategy that sharpened culture, organic growth, and portfolio optimization. He explained that the recently announced merger with Coterra Energy is a strategic fit that delivers scale and operational...
Transportist: April 2026
The Transportist April 2026 briefing highlights a resurgence of fuel rationing talks in Australia as diesel shortages threaten grocery deliveries and waste collection. It also notes a spate of delivery‑robot mishaps in the United States and tightening e‑bike enforcement, with Seattle...
DOE Second Guesses Coal Plant Owners
The U.S. Department of Energy is invoking Section 202(c) of the Federal Power Act to keep retiring coal plants online, extending roughly 4,500 MW of coal and 1,400 MW of gas capacity. Orders, first issued in May 2025 for the 1,400‑MW J.H. Campbell plant...
Reeves Urges G7 to Reject Protectionism as Hormuz Crisis Escalates
The Strait of Hormuz blockade, now in its second month, has halted the flow of roughly 21 million barrels of oil per day—about 20% of global consumption—and disrupted 30% of the world’s nitrogen‑based fertilizer trade, sending Brent crude sharply higher. British...
Request for Comments on Texas PUCT Draft Report Regarding Transmission Cost Recovery in the ERCOT Region
The Texas Public Utility Commission (PUCT) released a draft report on 16 March 2026 proposing six changes to how wholesale transmission costs are recovered in the ERCOT market. Key proposals include replacing the four‑coincident‑peak (4CP) methodology with a broader set of peaks...
Seabed Preparation Starts Ahead of Construction of New Dutch Offshore Wind Farm
Seabed preparation has begun on the OranjeWind offshore wind project off the Dutch coast, with Jan De Nul launching a filter‑layer installation campaign. The rock‑installation vessel Simon Stevin will lay the first erosion‑protection layer by May, clearing the way for 53 Vestas V236‑15 MW...
Going Beyond Decarbonization: Key Insights Into Delivering a Just Transition for Steel and Mining Sectors
In March, IRMA and ResponsibleSteel released a landmark report on just transitions for the mining and steel sectors, highlighting the need to place people at the heart of decarbonisation efforts. Stakeholder interviews underscored that inclusive planning and continuous social dialogue...
Brent Bulls Trim Positions Amid Hints of Negotiations
Wartime Brent bulls only slightly deflected by talk about talks Investors trimmed bullish positions in Brent slightly early last week after the U.S. government paused plans to attack Iran’s electricity generation plants and announced it was making progress in negotiations to...
Investors Favor Nuclear Miners, Shun Capital‑Heavy Space Tech
ListingTrack Weekly Theme Recap (Week Ending 03/27/26) This week, Nuclear strength concentrated in uranium miners and integrated nuclear utilities, while SMR developers and safety/fuel‑tech names faced renewed selling. New Space, by contrast, traded lower overall: Satellogic delivered a standout move on...
Daniel Yergin Warns of Economic Meltdown if Iran Conflict Persists
Pulitzer‑winning energy analyst Daniel Yergin warned that Iran’s closure of the Strait of Hormuz could trigger an economic meltdown if it persists. He noted that 80% of oil and 90% of natural gas flowing through the strait head to Asia,...
International Business Briefs | Nigerians Face 65% Surge in Fuel Prices
Fuel prices in Nigeria have surged 65% as the newly built 650,000‑bpd Dangote refinery failed to offset market pressures from costly crude imports and debt‑linked export obligations. In the UK, mortgage approvals rose to 62,584 in February, outpacing forecasts, while...
Saudi Arabia to Fall Short of 130GW Renewables Target by 2030
Saudi Arabia’s Vision 2030 calls for 130 GW of renewable power by 2030, but the country has only installed 13 GW as of 2025 and is projected to reach just 74.2 GW by the deadline. Achieving the target would require adding more than 23 GW...
Zendure SolarFlow 2400 Pro Review: Is the XXL Balcony Solar System with 2,400 W & AI Worth It?
Zendure introduced the SolarFlow 2400 Pro, an all‑in‑one balcony solar solution delivering up to 2,400 W output, 2.4 kWh base storage and modular expansion to 16.8 kWh. The unit features four MPPT inputs for up to 3 kW of PV, AI‑driven energy management, and LAN connectivity,...
CALB Manufactures Batteries for Aridge
Chinese battery maker CALB has begun series production of its R46 cylindrical cells at the Chengdu plant for Aridge, Xpeng’s flying‑car subsidiary. The hybrid liquid‑solid batteries deliver up to 360 Wh/kg and support a 25 C discharge rate, meeting aviation‑grade safety standards...
US Startup Begins Manufacturing Grid-Scale Flywheel ESS
Qnetic, a SOSV‑backed startup, is launching low‑volume production of its Q500 solid‑state flywheel energy storage system at a new Sacramento factory. The Q500 is designed for 500 kWh capacity, 125 kW power, and up to twelve hours of discharge at lower power,...
Vietnamese Player’s ‘Super Rig’ Ready for Drilling
Vietnam’s state‑owned Petrovietnam Drilling & Well Service Corp. (PV Drilling) officially named its newly acquired jack‑up rig PV DRILLING IX, formerly the Noble Highlander, on March 27. The vessel, built to Friede & Goldman JU2000E specifications, can drill to 9,144 meters and operate in water up to 129.5 meters...
Brookfield, Eurazeo and Tikehau Bet on Energy Transition as Private Equity Markets Slide
Brookfield Asset Management, Eurazeo SE and Tikehau Capital are doubling down on energy‑transition investments, allowing them to weather a wave of markdowns that has hit much of the private‑credit and equity space. Their strategy hinges on assets tied to energy...
Broker’s Call: Coal India (Buy)
Geojit Retail Equity Research upgraded Coal India Ltd. (CIL) to a Buy, setting a new target price of ₹506 (≈ $6.10) from a current market price of ₹450.25 (≈ $5.42). The miner posted Q3 FY26 revenue of ₹34,924 crore (≈ $4.2 bn) and PAT of...
Investment Banks Keep Deal Flow Alive as Iran Conflict Fuels Energy Shock
Bloomberg says major investment banks continued to execute mergers, acquisitions and capital‑raising transactions despite the Iran‑Israel war driving oil above $100 a barrel and cutting Qatar LNG output by 17%. The resilience underscores the sector’s strategic role as markets grapple...
Admin Delays Report to Mask Prolonged Military Operation
The administration is trying SO HARD to jawbone pries down so they can have more time for a military op they didn’t expect to take this long. Treasury Secretary is out there saying ships are moving through Hormuz but it’s only...
Commodities Now Trading Across Daily, Weekly, Monthly Timeframes
Pick your timeframe Copper, natural gas, and oil (Brent / WTI) markets are now trading across daily, weekly, and monthly Commodities have entered the chat ↓ https://t.co/dxPGVrURQL
Golden Triangle Natural Gas Storage Gets Green Light to Expand to 60 Bcf-Plus
The Federal Energy Regulatory Commission approved Golden Triangle Storage LLC’s request to add 30 billion cubic feet (Bcf) of natural‑gas capacity at its Beaumont, Texas salt‑dome complex, pushing total storage above 60 Bcf. The expansion will be completed by the end of...
US Diesel Prices Soar Above $190 on Tight Margins
Brent Crude: $114/bbl US diesel crack spread (refining margin): $77/bbl US diesel wholesale market price > $190 per barrel
SMR Stocks Plunge 70%; Bulls Eye 2026 Turnaround
SMR stocks were the market darlings in 2025. Most of them are now 70%+ below their highs. Any bulls betting on a 2026 turnaround? $OKLO https://t.co/NvGy8ZfTGA
Industry Pays While Coal and Gas “Cook the Books:” Modelling Reveals Urgent Need for Safeguard Reset
The Australian Conservation Foundation and the Climate Council commissioned the RepuTex model to assess the federal Safeguard Mechanism ahead of its 2026‑27 review. The analysis finds that applying best‑practice baselines to coal‑mine and gas expansions would raise covered emissions to...
Energy Rally Signals Macro Stress, Not Rotation
Energy leadership is getting absurd: XLE/SPY up ~42% in 3 months. That’s not a ‘rotation’. That’s a macro stress signal wearing an equity costume. https://t.co/QVnWJHwVgi
Brent May Futures Expire, June Takes Over at $108
A reminder that the Brent May futures contract, currently trading ~$115 a barrel, expires tomorrow. From Wednesday, the front-month futures would be the Brent June contract, currently trading at ~$108 a barrel. Liquidity has already moved from May to...
Demand for Hydropower Surges as Trump Clamps Down on Clean Energy
Ocean Renewable Power Company (ORPC) is launching its first urban submersible hydroelectric installations on Montreal's St Lawrence River and Buffalo's Niagara River, each expected to deliver up to 90 MW of potential capacity. The move comes as the Trump administration phases out...
Ukrainian Strikes Hit Two Major Russian Oil Ports
Add the very recent Ukrainian attacks on two major Russian oil ports to the mix.
Hormuz Strait Events Differ From Administration's Claims
What’s really going on in the straight of Hormuz is NOT what the admin is saying
Remaking Europe’s Energy System for the Age of AI
Europe’s energy system is deemed strategically vulnerable after the US‑Israeli war on Iran highlighted dependence on imported fossil fuels. The article argues that weakening the EU Emissions Trading System would not solve the deeper issue: a grid incompatible with 21st‑century...
Energy Price Surge Set to Push US CPI Above 3%
For most of the past three years, falling energy prices had been helping to push the US inflation rate (CPI) lower. But that tailwind will soon become a headwind, with prices of Oil and Gas spiking on a YoY basis. CPI...
Kharg Island's Role in US‑Iran Oil Tactics
Can the US "take the oil" from Iran? Does Kharg Island matter? And what can the GCC do about developing bypass pipelines? I discuss with @BeckyCNN @CNN
AMP, Ratepayer Advocates Oppose ROE, Rates Proposed for $1.1B AEP-FirstEnergy Transmission Project
American Municipal Power and ratepayer advocates in Maryland and Ohio have filed protests with FERC against Grid Growth Ohio’s proposed 10.8% return on equity for a $1.1 billion, 60% ratepayer‑funded transmission project serving data centers. The joint venture of Transource Energy and...
Oil Rises While Rate‑Hike
Oil up across the curve the past week and rate hike odds contracting in the back half of that oil rise feels ominous
Australia’s Fuel Crisis: Data Shows Massive Unpreparedness
Seven charts that reveal how unprepared Australia was for the fuel crisis | Australian economy | The Guardian https://t.co/KDhNheGNvo
Lower Natural Gas Prices Lift U.S. Power Burn as Texas, Rockies Flip to Growth Mode
Natural gas‑fired power generation rose 7% year‑over‑year in March, bringing total output back to 2025 levels. The rebound was driven by a sharp decline in natural gas prices, which restored the fuel's cost competitiveness despite the mildest March weather in...
US Coast Guard Allows Russian Oil Tanker to Reach Cuba
Interesting development. "The United States Coast Guard is allowing a Russian tanker full of crude oil to reach Cuba, delivering a critical supply of energy to the island nation after months of an effective oil blockade by the Trump administration..." https://t.co/WTcPH6z6eD