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:
Global Rollout of Hydrogen Buses Advancing, World Platinum Reports
The World Platinum Investment Council reports accelerating global rollout of platinum‑based hydrogen fuel‑cell buses. New Flyer has secured 500 fuel‑cell engines (50 MW) for its Xcelsior CHARGE FC buses, while Portugal’s CaetanoBus is delivering 12 buses and building green‑hydrogen production and refueling infrastructure in Porto. European OEM Bosch introduced a rooftop fuel‑cell module to meet the EU’s 2030 zero‑emission bus target, and Asian manufacturers Toyota‑Isuzu and Hyundai are advancing cost‑effective and long‑range fuel‑cell buses. China’s Guangzhou added 249 hydrogen buses, underscoring the scale of deployments worldwide.
TotalEnergies to Review 2050 Net-Zero Targets as Energy Transition Slows
TotalEnergies announced it will reassess its 2050 net‑zero target, acknowledging that the global energy transition is progressing too slowly to meet Paris Agreement goals. The French oil major reported 2025 emissions of 368 million metric tons CO₂‑equivalent, a modest decline from...
German Pilot Shows 700 EVs Can Provide Redispatch Services
TransnetBW and Octopus Energy’s OctoFlexBW pilot proved that 700 private‑EVs can provide grid‑flexibility services through Germany’s Redispatch 2.0 process. The fleet shifted about 2 MWh of load per day, demonstrating a fully automated chain from system‑operator dispatch signals to household chargers, including...
Middle East Crisis Highlights Urgent Need for Energy Resilience
💠The ongoing crisis in the Middle East and its ripple effects on global energy flows serve as a stark reminder of how deeply interconnected our energy systems are — and just how vital reliable, uninterrupted energy supplies are to global...
Maraen Unveils £30m Port of Nigg Investment
Maraen announced a £30 million (≈$37.5 million) investment to build a new heavy‑duty quay and roll‑on/roll‑off capability at Scotland’s Port of Nigg. The funding follows the 2025 acquisition of Port of Nigg, Global Energy (Group) and Global Energy Services by Mitsui & Co. Europe...
Chevron-Led Development Lifts Earnings at Kazakhstan National Oil Player
KazMunayGaz's 2025 earnings rose as Tengiz output jumped 40% to over 850,000 barrels per day, boosting revenue 13% to 9.4 trillion tenge (≈$18 billion). The Chevron‑led $47 billion capacity upgrade launched in January 2025 drove higher production and added $1.14 billion EBITDA from Tengiz...
Traders Bet on Iran De‑Escalation with Bullish Options Amid Market Commentary
Market participants are adding bullish options on the Iran conflict as the war shows signs of winding down, according to commentary from recent earnings calls and CLSA research. The shift reflects a broader move to hedge or speculate on geopolitical...
Oil Cracks $100 Barrier, Sends S&P 500 Large‑Cap Stocks Tumbling
Crude oil surged past $100 a barrel, its highest level since 2022, prompting a wave of volatility across the S&P 500. Analysts warn that higher input costs and inflation risk could weigh on large‑cap energy, industrial and consumer firms.
US‑Iran Conflict Pushes Oil Past $100, Sparking Massive Losses for Importers
U.S. and Israeli strikes on Iran have driven Brent crude above $100 per barrel, triggering the sharpest macro‑economic shock in weeks. Energy‑importing economies from Kuwait to Japan face double‑digit GDP contractions, soaring import bills and heightened inflation, while Gulf diversifiers...
Smulders HSM Starts Construction of East Anglia TWO Offshore Substation
Smulders HSM has begun construction of the offshore substation topside and jacket foundation for the East Anglia TWO wind farm in the United Kingdom. The topside is being fabricated at the Stormpolder yard in the Netherlands while the jacket is being...
EPA Issues Temporary Nationwide E15 Waiver to Lower Gas Prices Amid Iran Conflict
EPA Administrator Lee Zeldin announced a May 1‑May 20 emergency waiver permitting the sale of E15 gasoline across the United States. The move targets soaring pump prices—now near $4 per gallon—linked to the Iran war and seeks to boost domestic...
Enersea Finalizes Substation Jacket Design for Ørsted’s Hornsea 3 Project
Enersea has finished detailed design of two offshore substation jackets—Link 01 and Link 02—for Ørsted’s Hornsea 3 wind farm in the United Kingdom. Each jacket weighs roughly 3,500 tonnes and will support 9,000‑tonne substations, with Link 01 already installed and Link 02 slated for completion by...
Woodside Delays Lower-Carbon Ammonia Production From Recently Taken-Over Facility
Woodside Energy completed its $2.35 billion acquisition of OCI Clean Ammonia and took operational control of the Beaumont New Ammonia (BNA) plant in Texas. The facility, capable of producing 1.1 million tonnes of ammonia annually, began commercial output in December 2025. Lower‑carbon ammonia...
Agrivoltaics for Turnips
Researchers at the University of Western Ontario tested 13 photovoltaic modules, including semi‑transparent cadmium telluride (CdTe) and low‑transparency crystalline silicon (c‑Si), in field‑scale agrivoltaic trials with turnips. The 60 % transparent CdTe panel delivered the highest fresh root weight (176.5 g) and...
Kawasaki and JFE Engineering Pick up Work on Japanese LNG Project
Kawasaki Heavy Industries and JFE Engineering’s joint venture has secured a contract to expand the Sakaide LNG terminal in Kagawa Prefecture. The project adds a 180,000‑kiloliter above‑ground PC tank and associated vaporizers, slated for operation by 2031. The expansion aims...
Blockade Risks Spike Prices, Yet Market Already Priced In
Key pushback to a blockade is that it might spike oil prices. Iran's 2 million barrels per day could spike oil prices by 20% if they go offline, but - with Brent already up 60% from before the war -...
South Africa's Biggest Solar PV Project Secures Financing
South Africa’s largest PV project reaches financial close #energysky -- via pv magazine global: https://t.co/avNuEBA7IS
Petrobras Finds Oil in Marlim Sul Field Offshore Brazil
Petrobras announced an oil discovery in the pre‑salt section of the Marlim Sul field, located about 113 km offshore Brazil in the Campos Basin. The find came from well 3‑BRSA‑1397‑RJS drilled in 1,178 meters of water. Petrobras, which holds a 100 % working...
Break‑even WTI Price Needed to Cover Well Costs
What WTI oil price does your firm need to cover operating expenses for existing wells? @DallasFed via @macrolutzie https://t.co/5sVYLcuBRm
Brent Spot Tightness Near All‑Time High Amid Supply Fight
BRENT SPOT SO TIGHT Dated-to-Frontline (DFL) Brent crude oil timespread is currently sitting just shy of last week's all-time high, and if we closed here we'd finish at a fresh daily ATH. Signals extreme tightness in North Sea spot crude markets amidst...
Ensus to Receive £100mn UK Govt Support
UK ethanol producer Ensus, a CropEnergies subsidiary, will receive roughly £100 million ($133 million) in government support to keep its 315,000‑tonne‑per‑year ethanol plant in Wilton on standby. The funding secures the plant’s ability to capture up to 250,000 tonnes of CO₂ annually, a...
Geopolitics Driving Coal Shift, Undermining Renewable Hopes
Green advocates think the Iran crisis accelerates the energy transition WRONG Japan's moving to coal. Energy blindness & ignorance of human behavior has been fatal for the renewable movement #EnergyCrisis #Oil #Coal #Renewables #Geopolitics #Hormuz #OOTT #EnergySecurity
Skipping Oil Embargo Prolonged Ukraine War, Says Analyst
Key mistake the West made after Putin's invasion of Ukraine was not to embargo Russian oil. The result is that - more than 4 years later - Russia is still waging war with appalling loss of life. A short, sharp...
China's Hydrogen Industry Eyes Rapid Scale-Up
China’s hydrogen sector is moving from pilot projects to full‑scale commercialization, as highlighted at a recent Beijing conference. Executives and government officials pledged to accelerate deployment over the next five years. The shift signals a coordinated push to build production...
War‑Driven Energy Prices Fuel Stagflation Amid 4.2% Inflation
The headline is 4.2 % US INFLATION The real story is STAGFLATION Longer war = higher energy prices Higher energy prices = inflation + weaker growth The only uncertainty is how long it lasts. #OECD #Oil #Inflation #Stagflation #EnergyCrisis #Macro #Geopolitics #Growth #oott...
RBOB Futures at $2.21 Forecast $3.15 Pump Price
March 2027 RBOB gasoline futures $2.21, implying $3.15 at the pump by the winter https://t.co/TkEv0pc6Zf
Investing in Energy’s ‘Anti-Fragile’ Future
S2G Investments, led by managing director Bala Nagarajan, is targeting "anti‑fragile" energy companies that succeed on pure economics rather than relying on federal tax credits. The firm highlighted Aerones, a robot‑based wind‑turbine blade repair startup, as a model of cost‑effective,...
Ukrainian Drone Strikes Shut Russia’s Kirishinefteorgsintez Refinery
MOSCOW, March 26 (Reuters) - Russia's vast Kirishinefteorgsintez oil refinery, one of country's largest, halted processing on Thursday following Ukrainian drone attacks which set some plant's units ablaze, two industry sources said.
Europe May Abandon 2050 Net‑zero, Says German Minister
A few weeks ago, I published an @Opinion column arguing that net-zero by 2050 was, effectively, dead. At @CERAWeek in Houston this week, Germany's minister for energy and economy said Europe should allow itself to miss its mid-century net-zero goal....
Nordic Data Centres to Support Power Demand Growth
Nordic data centre power use is set to surge to 28 TWh per year by 2030, about 5 % of regional demand, up from 8 TWh in 2024. Norway has increased its reserved capacity to 3.5 GW and its queue to 5.4 GW, while Finland,...
Oil Flows When Iran’s IRGC Gets Paid
A hedge fund client just asked me "what happens to allow flow of oil?" I answered, "The IRGC gets P A I D." It kind of rhymes. Like a rap. 👇 https://t.co/dpCtkPaSTd
Premarket VIX Spikes Far Beyond Oil Movement
Using premarket marks, this is Crude (USO) vs VIX. You can see the AM VIX move is high relative to the move in oil (red dot). Black dots are last 5 days. https://t.co/ZgBEOTzNOF
UK Solar Deployment Hits 22 GW as More Large Projects Commissioned
The UK added 2.5 GW of solar capacity in the 12 months to February 2026, pushing total installed PV to 22 GW – the fastest annual increase in a decade. Large‑scale projects (≥25 MW) drove most of the growth, with CfD‑backed capacity jumping...
325. Powering Utilities Toward Net Zero
In this episode, host Grayson Brulte talks with Stephen Clark, Program Director for Climate and Energy at Ceres, about how data-driven, science‑based strategies are helping utilities and large corporations cut emissions and manage climate risk. Clark explains the shift toward...
CNOOC Ltd Achieves New Production Record
CNOOC Ltd reported a record 777.3 million barrels of oil equivalent, equivalent to 2.13 MMboe per day, a 7% increase over the prior year. Crude output rose 5.8% while natural‑gas production surged 11.6%, underpinning profit resilience. Net profit slipped to $17.7 billion amid...
Delhi's Weak Plan Stalls 2035 Emissions Progress
Meager new emissions reduction plans from New Delhi limit the prospects of major progress through 2035 from the three biggest polluting nations https://t.co/H7X2IWuZRQ
Wind and Solar Power Remain Stable Amid Fossil Price Swings
"Electricity generated from wind and solar is largely insulated from fossil fuel price volatility – once built, the fuel is free." This is what I told @dharnanoor @guardian who published this article. https://t.co/JmVkEskvVq https://t.co/gP1IeOkWVK
70% of Solar PV Factories Show ‘Major’ Defects – Intertek CEA
Intertek CEA’s 2025 Global PV Manufacturing Quality Report found that 71% of the more than 340 solar‑panel factories inspected were graded C or D, indicating multiple major or critical defects. No facility earned an A+ rating and only 2% achieved...
JV Kicks Off Large-Scale Pongamia Plantation in CQ
Japan’s Nippon Steel Trading and Queensland’s Energreen have launched the Green Biotechnology Solutions joint venture, planting tens of thousands of pongamia trees near Emerald. The initial phase includes 16,000 trees and a commercial nursery, allowing local landholders to grow the...
Salvaged Tesla Battery Powers Ukrainian Lights Amid War
His totaled Tesla showed up on the app — charging in rural Ukraine, a year after the accident. Someone salvaged the battery. Now it's probably keeping the lights on during Russian blackouts. War repurposes everything. https://t.co/3W8ezKpCFR
New Asian Block Expands UAE Oil & Gas Player’s Andaman Sea Footprint
UAE‑based Mubadala Energy has secured the Southwest Andaman exploration block off Indonesia, marking its fifth concession in the Andaman Sea. The 100% operated production sharing contract under Indonesia’s Gross Split scheme adds to its multi‑TCF discoveries in the deep‑water basin....
OnPath Seeks Backing for Ayrshire Wind Farm
OnPath Energy is courting public support for the Glen Water Wind Farm, a 43 MW project in East Ayrshire that will feature six 200‑metre turbines. The scheme includes a $13 million community‑benefits package and a 1% community‑ownership option, aligning with Scottish Government...
DNV’s New Recommended Practice Focuses on Hydrogen-Specific Risks in Offshore Pipelines
DNV released the recommended practice DNV‑RP‑F123, a guideline for designing, operating, and re‑qualifying offshore hydrogen pipelines. The document expands on the legacy DNV‑ST‑F101 standard by addressing hydrogen‑specific integrity issues such as embrittlement and material suitability. Developed through the five‑year H2Pipe...
Technical Assessment: Bullish in the Intermediate-Term
Crude oil has settled into a modest price equilibrium, relieving some pressure on equity markets. The S&P 500 is hovering near its recent level, having briefly slipped below its six‑month range but staying only 39 points under the 200‑day moving average...
Croatia to Invest €40 Million in Household Solar, Batteries, Heat Pumps
Croatia announced a €40 million ($46.2 million) package to co‑finance residential solar panels, battery storage and heat pumps, targeting up to 15,000 applications. The scheme will cover 50 % of costs, rising to 70 % for households at risk of energy poverty, and is...
Echelon Sets up Ireland Green Energy Park
Data centre operator Echelon is building Ireland’s first Green Energy Park at its DUB20 campus in Arklow, integrating up to 800 MW of offshore wind, more than 6,000 MWh of onsite solar, and battery storage. The project, part of a €4.2 bn ($4.5 bn)...
First Hornsea 3 OWF Offshore Export Cable in Place
Ørsted announced that the first offshore export cable for the Hornsea 3 wind farm has been successfully laid and pulled ashore. The 680 km bundle, comprising two HVDC lines and a fiber‑optic link, is being installed by Jan de Nul and will be completed...
Cochin Shipyard Sign JV to Develop Electric Mobility, Energy Storage Technologies
Cochin Shipyard Ltd (CSL) and HBL Engineering Ltd have signed a joint‑venture to create electric‑propulsion and energy‑storage solutions for the maritime sector. The partnership will develop advanced marine batteries, battery‑management systems, electric motors, power electronics and charging infrastructure for both...
CLOU Debuts Aqua-C3.0 Ultra in Africa
CLOU Electronics unveiled the Aqua‑C3.0 Ultra, a 10‑foot liquid‑cooled energy storage system, at Solar & Storage Live Africa. The solution offers 587 Ah cells in two formats—DC/AC All‑In‑One and DC—while cutting component count by 30% and delivering industry‑leading energy densities of...