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 Petrol Prices: Here's a Look at How Much Fuel Cost Has Changed Due to the West Asia War
The West Asia war that began on 29 February 2026 has pushed global petrol prices to an average of $1.41 per litre, with the United States seeing a 30.2% jump to $1.13/L. Australia leads the surge at 42% higher, while Sri Lanka’s price rose 33.8%. In India, retail petrol sits at $1.08/L (₹101.15) and premium grades were lifted by ₹2.35/L (≈$0.03). Prices are adjusting faster in liberalised markets, where tax and subsidy structures amplify the impact.
Oil Prices Defy Expectations, Falling Below 2022 Peaks
Every normie feels in their gut that oil should go higher. And every oil expert seems to think that every day we get closer to the true disaster scenario. So why is it that oil is not only below the...

LCCC Signs over 200 AR7 CfD Contracts
Low Carbon Contracts Company (LCCC) has signed more than 200 Contracts for Difference (CfDs) in Allocation Round 7 and 7a, covering roughly 14 GW of new renewable capacity. The portfolio includes 8.2 GW of fixed‑bottom offshore wind, 4.9 GW of solar and 1.3 GW of onshore...

Drill India Drill: Iran War Triggers India's Boldest Hunt for Oil
India is fast‑tracking energy self‑reliance after the Iran war, highlighted by ONGC’s $20 billion deepwater drilling tender that demands rigs within 80 days. The initiative is part of Mission Samudra Manthan, which aims to lift exploratory wells from 30 to 100 per...

Trump Fails To Stop CVOW, The Biggest Offshore Wind Farm In The US
After 13 years of development, the 2.6‑gigawatt Coastal Virginia Offshore Wind (CVOW) project began feeding electricity into the U.S. grid, representing a $11.5 billion investment and the nation’s largest offshore wind farm. The project overcame a Trump‑issued stop‑work order that added...

Baker Hughes to Supply Tech for Offshore LNG Project in Texas
Baker Hughes has been awarded a contract to provide gas compression and power generation equipment for ST LNG’s proposed 8.4 million‑tonne‑per‑annum offshore export terminal off Matagorda, Texas. The deal includes two LM6000PF turbine‑driven centrifugal compressor trains and three NovaLT16 turbine generator...

Baker Hughes to Supply Tech for Offshore LNG Project in Texas
Baker Hughes secured a contract to supply gas compression and power generation equipment for ST LNG’s proposed offshore liquefied natural gas export terminal off Matagorda, Texas. The agreement includes two LM6000PF turbine‑driven centrifugal compressor trains and three NovaLT16 turbine generator packages,...

France Lowers PV Feed-In Tariffs for Systems up to 100 kW
France’s energy regulator (CRE) announced lower feed‑in tariffs for photovoltaic (PV) systems up to 100 kW, effective April‑July 2026. The 9‑36 kW tier now receives €0.805 (≈$0.93) per kWh, while 36‑100 kW gets €0.70 (≈$0.81) per kWh, and surplus electricity is compensated at €0.473 (≈$0.55) per kWh....

American Battery Factory Secures 4.5GWh Offtake Agreements for Arizona LFP Gigafactory
American Battery Factory (AFB) has locked in offtake agreements for 4.5 GWh of the 5.5 GWh output slated for its Arizona LFP gigafactory, clearing a major financing hurdle. The plant, built with Sprung Structures’ rapid‑deploy fabric modules, will begin production in late 2027...

EV Road Tax Is Wrong at This Time
The UK government is proposing a pay‑per‑mile duty on electric vehicles to replace traditional road tax. The British Vehicle Rental and Leasing Association (BVRLA) estimates the scheme could impose about £260 million (≈ $330 million) in annual compliance costs, including £75 million (£95 million) for...

GeoForce Hooks Geotechnical Survey for Shetland Subsea Link
GeoForce Technical Services, part of Oceanscan and Venterra Group, has secured a six‑month geotechnical survey contract with Reach Subsea for the Shetland HVDC Link 2 project. The survey will map seabed conditions, analyse sediments and conduct core penetration testing to support...

Spot Dubai Crude Holds Premium Amid Hormuz Uncertainty
Balance of the month cash Dubai crude barrels (white line) still trading higher than the prompt Oman futures (blue) I'm seeing quoted this morning, which are down more sharply, but spot Middle East barrels certainly feeling less pressure and all...

India Aims to Cut Emissions Intensity by 47% by 2035 From 2005 Levels
India’s cabinet approved a new climate pledge to cut emissions intensity by 47 percent by 2035, relative to 2005 levels. The target builds on a 36 percent reduction achieved between 2005 and 2020 and is paired with a plan to raise clean‑power...

Poland's Dominance in the Baltic Sea. Billions Invested in New Wind Power Capacity
Poland is emerging as a dominant offshore wind investor, committing roughly $17 billion—about one‑third of the EU’s $49 billion wind‑sector investment for new capacity. The country targets 11 GW of offshore wind by 2040, backed by successful auctions and a stable regulatory framework....
The Dangerous Myth of Green Capacity
Renewable “installed capacity” figures, measured in gigawatts, are a theoretical maximum that ignores the intermittent nature of wind and solar. In the United States, on‑shore wind operates at about a 33.5 % capacity factor and utility‑scale solar at roughly 23.5 %, meaning...

Will the Iran War Revive Russia’s Power of Siberia 2 Pipeline?
The Iran‑Israel war has shut the Strait of Hormuz, driving up Asian LNG prices and prompting Beijing to reconsider its heavy reliance on maritime energy imports. Analysts say the disruption revives interest in the stalled Power of Siberia‑2 pipeline, a...

EcoNavis Completes Second Eco Boss Cap Retrofit for Kaizen
EcoNavis Solutions installed its Eco Boss Cap on a second Kaizen vessel, the 32,491 dwt bulk carrier YC Fortitude, following the July 2025 retrofit of the 31,807 dwt general cargo ship SYFC Araya. After six months of operation, Kaizen reported fuel savings between 2.2% and...

Rising Costs of War: Gulf Energy Infrastructure Stares Down $25B Repair Bill
The Middle East war has generated at least $25 billion in repair and restoration costs for Gulf oil and gas infrastructure, according to Rystad Energy. Damage to Qatar’s Ras Laffan LNG complex has cut output by 17%, equivalent to 12.8 million tonnes per...

Spain Enables 50-Plus Renewable Plants for Real-Time Voltage Control
Spain’s grid operator Red Eléctrica and regulator CNMC launched real‑time, setpoint‑based voltage control services on March 17, enabling renewable generators to adjust reactive power on demand. More than 50 installations are already active, with 365 applicants and 74 qualified units...

Power Ministry Directs Imported Coal Based Plants to Run at Full Capacity From April 1
India’s Power Ministry has instructed all 15 imported coal‑based thermal plants to operate at full capacity from April 1 to June 30, 2026, citing an anticipated summer peak demand of over 270 GW. The directive, issued under Section 11 of the Electricity Act, aims...

ClassNK Grants Approval for CO2 Carrier Design for CCS Project
ClassNK has issued an Approval in Principle for a liquefied CO₂ carrier designed to support a floating offshore carbon capture and storage (CCS) injection facility. The vessel will work with a Socket SPAR unit, a floating injection system aimed at...

India Partners to Reach 2070 Net‑Zero, Shift to Clean Power
India's Net-Zero Vision: The partnership aligns with India's national goal to achieve net-zero emissions by 2070 and transition to non-fossil fuel power.
Trump’s Oil Moves Undone by Zelensky’s Strikes
🛑So let me get this straight: President Trump waived sanctions on Russian oil at sea and released millions of barrels from the SPR to bring oil prices down. Then Zelensky struck Russian oil ports and terminals, tightening oil supply and pushing...

SLB, NVIDIA Expand AI Collaboration to Scale Energy Applications
SLB and NVIDIA have broadened their AI partnership to create modular data‑center infrastructure and an “AI Factory for Energy” that will deliver domain‑specific generative and agentic AI models for the energy sector. The agreement positions SLB as a design partner...
Renewables Hit Record 17% of US Power Mix
Solar PV and wind account for record 17% of US electricity generation in 2025 #energysky -- via pv-tech: https://t.co/xnaKegeIZu

Traders Front‑Run Crude Market Before Trump’s Iran Threats
Quite the chart from @axios on suspected crude market front-running ahead of Trump’s major Iran War proclamations. https://t.co/lZY1JkMKCp

Brooklyn SolarWorks Installs 1st Residential Battery System in NYC
Brooklyn SolarWorks has completed the first residential battery energy storage system (BESS) installation inside New York City, situating a 19.6‑kWh battery beneath a solar canopy in Chinatown. The system uses Briggs & Stratton’s AccESS storage, the only rooftop‑approved residential ESS under...

Germany’s Renewables Shatter 1993 4% Forecast
Incumbent German electricity suppliers said in 1993 that renewables could not provide more than 4% of electricity in the long run. In 2025, renewables provided 55.9% of Germany's electricity — 14 times the predicted ceiling. https://t.co/Nvkaob9qaQ
Live on Bloomberg: Oil Markets and Iran War Outlook
Heads up that I'll be LIVE on @BNNBloomberg to talk oil markets and the [??end of??] the Iran War this morning at 11:15am ET. https://t.co/bqG3IGwkQS

German Climate Programme Outlines Path to Meet Future Targets
German Environment Minister Carsten Schneider unveiled the Climate Protection Programme 2026, earmarking €8 billion (≈$8.7 bn) for 67 measures that aim to cut at least 27 million tonnes of CO₂. The plan concentrates on electric mobility – expanding purchase incentives, charging infrastructure and...

IRA 2.0 Aims to Reclaim U.S. Energy Leadership
Envisioning IRA 2.0: Restoring U.S. energy leadership #energysky -- via pv magazine usa: https://t.co/B6WHdajskP https://t.co/O9yPqcH9HM

Dallas Fed Energy Survey: Tiny Executive Sample Reveals Key Insight
Dallas Fed Energy Survey for Q1 2026 is out. 2 Notes on this chart: - Only 34 executives responded - That second sentence in the description does all the work https://t.co/gAebgKUX4O

300: Tasty, Solid State Donuts
In this episode Sean Farrell and his brother Matt discuss the hype and controversy surrounding the so‑called "donut" solid‑state battery unveiled at CES, dissecting the lofty claims of 400 Wh/kg energy density and 100,000‑cycle life that many deem physically impossible. They...

Oil Futures Curve Tracks Middle East News Shifts
I find the oil futures curve to be a useful way of keeping track of news out of the Middle East, as it provides a useful metric for assessing what's changing, and how much. https://t.co/Hl3XzfUEfP
EU NIS2 Overhauls Cybersecurity for PV Plant Operators
How EU NIS2 is reshaping cybersecurity for PV plant operators #energysky -- via pv magazine global: https://t.co/eSJkuEt6jK
SEPTA Tests Solar-Powered Real-Time Arrival Displays at 10 Stops
SEPTA is installing ten solar‑powered, e‑paper arrival displays at high‑traffic bus stops and trolley stations, each priced at roughly $5,000. The pilot, slated to begin by the end of May, aims to gauge device reliability and rider satisfaction as part...

Gulf Shut‑ins Cut Iraq, Iran Output by ~13 MMbpd
GULF SHUT-IN UPDATE: Brings Iraq's confirmed shut-ins to ~3.5 MMbpd as of yesterday, lifts overall confirmed *crude* Iran War output shut-ins to ~9.5 MMbpd. Gas condensate/NGL output losses are on top of that. ~200 million barrels of expected crude won't be...

Gas Prices Surge Above $4, Highest Since 2022
National retail gas prices have crossed the $4.00 per gallon threshold. Highest prices since August 2022. Just a month ago, the President was saying they were under $2 https://t.co/o1wA1BwG3C
Oil Above $100 and 2‑Year Yield Near 3.9% Push Large‑Cap Futures Lower Amid War Escalation
Brent crude rebounded past $100 a barrel while the two‑year Treasury yield rose to 3.88%, sending S&P 500 futures down 0.2% and weighing on large‑cap energy and industrial stocks. The move follows fresh missile and drone attacks in the Middle...

Brent Stays >$100, WTI Under $100 Amid Strait Closure
While WTI has remained just under $100barrel, Brent has remained well above $100 as it is more dependent on the Strait. Per the bottom panel below, the backwardation of the forward curve has continued to sit around $20/barrel as the...
Remote Solar Inspections Cut Time and Boost Safety
Remote inspection of new residential solar saves time and can improve safety #energysky -- via pv magazine usa: https://t.co/ZX9BmJQz4P

Mark Offshore Adds Research Vessel Mintis to Support Offshore Renewables
Mark Offshore has signed an agreement with Lithuania’s Klaipėda University to manage the research vessel Mintis, adding the 40‑metre DP1 catamaran to its fleet. The vessel, originally built in 2014, combines scientific research capabilities with offshore operational functions, including ROV,...
President's Anti‑wind Rant Sounds Like Grandpa Simpson
"The president's case against wind are literally the rantings of an old man. I've seen grandpa Simpson make more sense." https://t.co/3rAbLKpVqe
Europe Deploys Grid-Forming LDES‑Solar Hybrid Systems
VIDEO: Grid-forming, LDES and solar hybrids in Europe, with Envision Energy’s Michael Koller #energysky -- via Energy Storage News: https://t.co/lI5Hanqa0Y

INDIA ROUND-UP: Ceigall Inks Two PPAs, Adani Completes 300MW of PV, Coal India Backs 875MW Project
Adani Green Energy commissioned 510 MW of renewable capacity at its Khavda site in Gujarat, raising its operational portfolio to 17,982 MW. The Khavda hybrid park is slated to reach 30 GW of solar and wind by 2030, with a 5 GW, 25‑year PPA...
BCA Research Hormuz Crisis Dashboard Now Open to Public
Just a reminder that everyone should check out the BCA Research Hormuz Crisis dashboard, which we have now made available to non-cients. https://t.co/2w3YrSrMuA https://t.co/PRmuyuEG4a

Hormuz Optimism Overshadowed by Grim Long‑term Risks
COB Tuesday is the best weekly energy podcast. Period. Excited to join them yesterday to discuss the Persian Gulf. tl;dr There are reasons to be optimistic about Hormuz. But the worst case scenario & long term consequences are worse than anyone has...

Power Roll, Tokyo Gas Collaborate on Japan Trials of Perovskite PV Tech
Power Roll, a UK flexible‑PV specialist, has signed a joint development agreement with Tokyo Gas to trial its lightweight perovskite solar‑film technology in Japan, marking the first deployment of the product outside Europe. The collaboration will assess use‑cases, certification pathways...
Analysts Await Hormuz Reopening Amid Iran War Headlines
Every oil analyst reading the Iran War's done headlines and watching the Iran War's done price action waiting for the Strait of Hormuz to actually begin flowing again https://t.co/4kBqUoI2Np

TACO Boosts Trump, War Uncertainty Keeps Oil Low
"Rather than being a sign of weakness, TACO is working in Trump’s favor. No one knows for certain when or if he’ll try to end the war, which has been enough to stop traders from pushing up the oil price."...