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:
Chevron Shares Surge on Oil Price Rise and New Dividend Outlook
Chevron stock leapt sharply after crude oil climbed toward $90 per barrel and the energy giant signaled a more generous dividend. The rally helped lift the Dow Jones and underscored a broader rebound in energy equities amid easing Middle‑East tensions.
Zelestra Secures $600 Million Green Credit Facility for 440 MW Texas Solar Portfolio
Zelestra obtained a $600 million green credit facility led by Societe Generale and HSBC to develop two 440 MW solar projects in Texas. The financing is underpinned by long‑term power purchase agreements with Meta, giving the projects stable cash flows and underscoring the...
Trump Administration Pays $928 Million to TotalEnergies to Cancel Offshore Wind Leases
The U.S. Interior Department agreed to reimburse French oil major TotalEnergies $928 million for two offshore wind leases off New York and North Carolina, forcing the company to abandon the projects and invest the same amount in oil, gas and LNG....
Iran Sets $2 Million Toll on Strait of Hormuz Transits, Sparking Shipping Cost Surge
Iran announced a new toll of up to $2 million for commercial ships passing the Strait of Hormuz, a move that threatens to raise shipping costs and tighten global oil supplies. The fee comes amid heightened missile attacks, diplomatic deadlock and...
Average UK Petrol Price Hits 150p for First Time Since 2024; Trump’s Latest Iran Extension Fails to Calm Oil Market...
UK average petrol price reached 150.11 pence per litre (≈£1.50/$1.88), with diesel at 177.68 pence (≈£1.78/$2.22), the highest levels since May 2024. The surge, tied to the Iran‑Israel conflict and rising crude, is inflating motorists’ travel costs and feeding broader inflation worries. At...
PRIO Brings Second Wahoo Well Online Off Brazil
Brazilian independent producer PRIO has placed a second well at its offshore Wahoo field into production, delivering a stable output of 12,000 barrels of oil per day. The company plans to bring the third and fourth wells online and adjust...
Brazil PV Module Imports Fall 24% to 17.9 GW in 2025
Brazil imported 17.9 GWp of photovoltaic modules in 2025, a 24% drop from 2024’s 22.3 GWp. Distributed‑generation projects absorbed 79% of the volume, even as new installations slowed to 8.8 GW, down from 10 GW a year earlier. The decline coincided with a sharp...
Third Train on the Cards for LNG Project, Unleashing More Australian Gas
Japan’s Inpex and U.S. firm Formentera have formed a joint venture to develop the Beetaloo Basin’s shale gas, acquiring 68,000 net acres for $208 million with an option for up to 75,000 more acres at $266‑$411 million. The partnership will feed a...
Sanders, Ocasio‑Cortez Push AI Data‑Center Moratorium Amid Energy and Labor Concerns
Senators Bernie Sanders and Rep. Alexandria Ocasio‑Cortez unveiled the Artificial Intelligence Data Center Moratorium Act, seeking to halt new AI‑focused data‑center projects until federal standards on climate impact, worker safety and consumer protection are established. The move spotlights rising electricity...
Stop Senate Bill Subsidizing Utility Monopolies and Wasteful Transmission
Tell your Senator not to subsidize electric monopolies at your expense Electric monopolies love building electric transmission lines, whether they are needed or not, because the government requires consumers to pay for them—meaning a guaranteed profit. That’s why we need transmission policies...
Cleanova Boosts Seawater Injection Capacity on Gulf of Mexico Platform
Cleanova upgraded an existing seawater filtration system on a Gulf of Mexico oil platform, boosting injection capacity by nearly 50% without halting production. The company replaced original filter elements with its CleanMax high‑flow cartridges, improving flow rates and biofouling resistance....
How Uranium Will Help Power the AI Revolution
Uranium is emerging as a strategic pillar of the global energy transition as AI data centers drive unprecedented electricity demand. Tech giants like Google, Microsoft and Amazon are directly funding nuclear projects and small modular reactors, creating a new demand...
SSI Awards First Supply Traceability Certificates to Astronergy Module Factories
Europe’s Solar Stewardship Initiative (SSI) awarded its first Supply Traceability Standard Bronze certifications to two Astronergy module factories in China, marking the inaugural implementation of the standard launched in December 2024. The inspections, conducted by German technical institute TÜV Rheinland, confirmed...
Europa Oil & Gas Secures License Extension Off Ireland
Europa Oil & Gas received Irish government approval to extend its FEL 4/19 license until January 2028, providing additional time for technical studies and partner outreach. The license covers the Inishkea West gas prospect, estimated at roughly 1.5 trillion cubic feet of low‑risk gas....
What If Solar Won't Keep Up On a Cloudy Day?
Sailors relying on solar arrays face power shortfalls on cloudy days, prompting the need for a reliable backup. A DIY diesel‑engine‑alternator setup can supply 110 V but adds weight and duplicates the propulsion engine. The author proposes fitting a high‑output alternator...
US ITC Opens Section 337 Probe Into Global TOPCon Supply Chain
The US International Trade Commission has opened a Section 337 investigation into TOPCon solar cells, modules and related products after First Solar filed a complaint naming 47 respondents across 11 countries. First Solar alleges infringement of patents 1, 2, 4 and 8 and seeks...
Dublin University Students Claim Top €12,000 Prize at EirGrid’s CleanerGrid Competition
Two University College Dublin students won EirGrid’s third‑annual CleanerGrid competition, taking home a €12,000 prize (about $13,080). Their data‑driven model proposes optimally sited battery and hydrogen storage to curb offshore wind curtailment. The contest, which drew 115 participants from nine...
SPAIN ROUND-UP: Axpo, McDonald’s Sign 10-Year PPA, EDP Brings 90MW PV Plants Online
Swiss renewable developer Axpo has secured a ten‑year power purchase agreement with McDonald’s to supply up to 83 GWh of solar electricity each year from its newly commissioned 200 MWp photovoltaic complex in León, Spain. The facility consists of four 50 MW plants...
ICE Registers Record Trading Activity Across Its Global Derivatives Markets
Intercontinental Exchange reported record trading activity across its global derivatives markets and NYSE equities in March 2026, driven by heightened Middle‑East geopolitical risk. Open interest hit all‑time highs, including 76.8 million commodity contracts and a total of 125.4 million futures and options...
Deal or No Deal? Conflict Drives Oil Volatility and UK Inflation
In this episode, Charlene Young and Tom Sieber dissect how the ongoing Iran conflict is fueling oil price volatility and feeding into UK inflation pressures, while also reviewing the latest UK CPI data and government energy support plans. They highlight...
Eni Exits Consortium for Oil and Gas Exploration Offshore Israel
Italian energy major Eni announced its withdrawal from a three‑partner consortium seeking offshore natural‑gas exploration licenses in Israel. The group, which also includes Dana Petroleum and Ratio Energies, had been awarded six prospective licenses in Cluster G during Israel’s fourth offshore...
Libya’s NOC and Chevron Agree Study Offshore Libya
Libya’s National Oil Corporation signed a memorandum of understanding with Chevron to conduct a technical study of offshore Block NC146, an unexplored area that recent geological data suggests is promising. The study will evaluate the block’s discovery potential, aiming to add...
NRECA CEO Jim Matheson on the Co-Op Energy Playbook
In a T&D World Live podcast, NRECA CEO Jim Matheson outlined how electric cooperatives are adapting to heightened weather threats, wildfire risks, and a surge in electricity demand driven by data centers and AI. He highlighted the critical role of...
5 Big Energy Stories - 3.27.2026: Trump's Big Boats, Dems Seek Votes, Bessent Calls Out FT's Fake Notes
Senate Democratic leader Chuck Schumer unveiled a five‑point energy plan aimed at marrying affordability with clean power. The proposal emphasizes expanding renewables, securing permitting certainty, modernizing the grid, charging data centers for infrastructure, and adding consumer protections. Schumer framed the...
Solar Capacity Adds 647 GW in 2025, Hits 2.9 TW
647 GW of solar capacity was added globally in 2025, up from 582 GW in 2024. This 11% year-on-year increase in 2025, following an already strong year in 2024, underscores that solar is playing an ever-larger role in the global...
Trump Claims US Oil Independence, Dismisses Hormuz Strait
President Trump says that “we don’t need the Hormuz Strait. We have so much oil, our country is not affected by this.” TRUMP = CLEARLY UNHINGED = HAS LOST TOUCH WITH REALITY. https://t.co/VFVUQDKzXd
Etu Energias to Acquire Azule Energy’s Stakes in Angola’s Offshore Blocks
Portuguese‑based Etu Energias has signed a sale‑and‑purchase agreement to acquire Azule Energy’s 20% stake in Block 14 and 10% stake in Block 14K, offshore Angola. The deal, valued at up to $310 million including $115 million in contingent payments, replaces a previously aborted consortium...
Dollar and Oil Hold Steady After Trump’s Iran Pledge
The Dollar and Oil are Bid: The dollar and oil remain firm. The market has a had muted reaction to President Trump’s announcement late yesterday that it will extend its pledge not to strike Iran’s energy infrastructure for ten days...
Brent Surpasses $110 as Hormuz Closure Cuts 15M Barrels Daily
Gm, oil watchers Brent crude back above $110 this morning because—and stop me if you’ve heard this one—the Strait of Hormuz remains shut and the world oil market is losing 15 million barrels every day that remains true https://t.co/jg4V9IlWhv
After Intense Lobbying, Carney Allows Gas-Powered Data Centres in Alberta
Prime Minister Mark Carney’s government signed a Canada‑Alberta memorandum of understanding in November 2025 that suspended the province’s clean‑electricity regulations, clearing the way for gas‑fired power plants to serve large AI data centres. Capital Power, an Edmonton‑based electricity generator, lobbied...
Grid‑scale Li‑ion Capacity Set to Surge to 1 TW By
The first grid-scale Li-ion battery was connected to the grid in 2012. It was 5 MW. Today, 267,000 MW have been deployed globally. By 2030 it could be 800,000–1,200,000 MW. https://t.co/2GoL8W6Rsx
Trump’s Market Impact Fades Within Seconds
That’s oil on left and S&P futures on right. Half-life of Trump jawboning is about 30 seconds now. https://t.co/p9gVQNbsrd
Excise Duty Cut to Help Oil Companies Absorb Losses, Prevent Fuel Price Hike: Petrol Dealers Association's Ajay Bansal
India's central government reduced excise duty on petrol and diesel to help oil marketing companies absorb current losses and stave off price increases. Companies are losing roughly ₹45‑₹50 per litre (about $0.55‑$0.60) due to higher crude prices and a weakening...
Another Day, Another Deadline
In this episode, Reuters' Peter Devon and Elena Casas discuss the sharp decline in oil prices following President Trump's extension of the deadline for airstrikes on Iran, the heightened recession risk highlighted by Moody's and Fed officials, and the looming...
Uncertain Iran Outcomes Deepen Global Energy Crisis
Trump may have a strategy, but that doesn’t make it workable @parpanchi If Iran falls, then what? If it signs a deal, why trust it? Meanwhile the world pays for an irreversible energy shock. #Iran #Trump #EnergyCrisis #Geopolitics @SantiagoAuFund
U.S.–Indonesia $33 Billion Trade Deal Draws ‘Extractive Colonialism’ Criticism Over Mining Expansion
The United States and Indonesia signed a $33 billion trade agreement that eases U.S. access to Indonesia’s critical minerals and fossil‑fuel sectors. Activists and watchdogs label the pact ‘extractive colonialism,’ warning it could accelerate mining, weaken export controls and deepen environmental...
Southeast Asia Revives Nuclear Plans to Power AI Data Centers Amid Oil Shock
Indonesia, Malaysia, Thailand, Vietnam and the Philippines are accelerating nuclear power projects to meet soaring electricity needs of AI data centers, a shift driven by soaring oil prices from the Iran war. The region could contribute roughly 40 GW of new...
Chevron Warns California of Historic Diesel Shortage as Prices Top $7 per Gallon
Chevron warned that California is on track for a historic diesel shortage after the state’s diesel price surged past $7 a gallon, the highest on record. The company said it may exit California refining within a decade unless policy changes...
Linklaters and Freshfields Win €43 B EU Antitrust Clearance for RWE‑E.ON Merger
Linklaters and Freshfields have obtained European Union merger‑control clearance for a €43 billion ($50 billion) asset swap between German energy giants RWE and E.ON. The decision by the EU’s top court ends almost six years of appeals and clears the path for...
High‑Yield Dividend ETFs Beat S&P 500 with Over 10% YTD Gains
Schwab U.S. Dividend Equity (SCHD), iShares Core High Dividend (HDV) and Vanguard High Dividend Yield (VYM) have each delivered more than 10% year‑to‑date returns, while the S&P 500 fell 5%. Their strong energy sector weightings and attractive yields make them...
Go-Ahead for North Sea Drilling Ops with Saipem’s Rig
Norwegian authorities have approved Aker BP to commence exploration drilling on the Norwegian Continental Shelf using Saipem’s Scarabeo 8 semi‑submersible rig. The consent covers well 36/4‑2 in block 36/4 under production licence 1153, which runs until 2030, and a pilot hole 35/10‑U‑1 in licence 1182S...
OECD Says Iran-Israel War Erases Global Growth Upgrade, Spurs Inflation
The OECD’s interim Economic Outlook warns that the Iran‑Israel war has erased a tentative 0.3‑percentage‑point upgrade to global GDP growth and pushed G20 inflation to 4% in 2026. The outlook flags higher energy prices, supply‑chain strain and heightened downside risks...
Pennsylvania's Energy System: Emissions Overview and Future Path
PENNSYLVANIA'S ENERGY CROSSROADS - a briefing paper on the state's energy system and emissions: https://t.co/0PeHKbiekU
Inland Rail Deploys Solar-Powered Level Crossings in Australia
Australia’s 1,600‑km Inland Rail freight corridor has installed standalone solar power systems at two level crossings in northern New South Wales, eliminating the need for grid connections during construction. The solar‑powered installations include battery storage, LED warning lights, audible alarms...
Future-Proofing Europe’s Energy Grid: The ENTSO-E Upgrade
ENTSO‑E’s Transparency Platform has been completely rebuilt by Unicorn, shifting from a legacy monolith to a modern microservice architecture of more than 40 Java and Node.js services with a React single‑page UI. The overhaul delivers lower latency, faster feature rollout...
TotalEnergies to Uphold LNG Supply Contracts Amid Qatar Outages
TotalEnergies announced it will not invoke force majeure and will honor all LNG contracts despite Qatar’s forced shutdown after regional attacks. The French oil major sources about 5.2 million metric tons per annum from QatarEnergy and plans to redirect cargoes from...
FEMA Announces Additional Public Assistance for Michigan Utilities
President Trump amended FEMA’s Major Disaster Declaration 4880‑DR‑MI to include Public Assistance Category F for utilities across all declared Michigan counties and tribal jurisdictions. The change enables the agency to reimburse at least 75% of eligible repair costs for electric infrastructure,...
Oil Remains Top Allocation, Climbing Higher Today
OIL: continues to be 1 of our Top Asset Allocations and continues higher this morning https://t.co/vvt8Kku9Zm
Trump’s Iran War Pushes India to Rekindle Old Friendship with Russia
India is moving to revive its energy partnership with Russia, negotiating a direct LNG supply deal despite the risk of violating Western sanctions. The talks follow a recent surge in Russian crude purchases, which could rise to 40% of India’s...