Today's Energy Pulse
Scania pilots megawatt‑scale V2G for heavy‑duty electric trucks
Scania demonstrated one of the first vehicle‑to‑grid systems for heavy‑duty electric trucks using the Megawatt Charging System (MCS). The pilot showed bi‑directional power flow, allowing trucks parked at depots to feed electricity back to the grid, with real‑time communication between the truck, charger and energy‑management platform enabling dynamic charging and discharging. The test marks a step toward integrating large‑capacity EVs into grid balancing.
Also developing:
Fusion Advocates Cite Hormuz Crisis in Call for Investment, Support
Fusion industry leaders convened in Washington, highlighting the Strait of Hormuz crisis as a stark illustration of the vulnerabilities inherent in today’s fossil‑fuel dependent energy system. They argued that commercial nuclear fusion could deliver continuous, carbon‑free power, eliminating geopolitical supply risks. The advocates called for accelerated public and private investment, streamlined regulatory pathways, and stronger policy support to bring fusion to market within the next decade. Their message positioned fusion as a strategic national security asset as well as a climate solution.
Wind, Industry, EVs Drive Canada’s Rapid Grid Transformation
Canada’s electricity system is changing fast. Wind becomes the dominant growth source. Industrial demand leads. EVs surge. Data centres reshape the grid. A deep dive into Canada’s Energy Future with CER chief economist Darren Christie 👇 #cdnpoli https://youtu.be/2h7t7dvwyoU
Hormuz Blockage Could Push Oil Above $93, Sparking Global Crisis
The market is currently betting that this whole "Hormuz problem" gets cleaned up in the next 30 days. And I’m looking at the data from my office in Abu Dhabi, and so far it’s heading that way. But if that two-mile-wide...
Qatar's Prolonged Force Majeure Could Hit Many Offtakers
QatarEnergy announced it will invoke a multiyear force majeure on several long‑term LNG contracts after two of its export trains were struck by Iranian missile attacks. The suspension affects key offtakers across Asia and Europe, potentially curtailing deliveries for years....
Warren Buffett Bought 8 Million Shares of This Oil Giant and $100 Oil Proves Him Right
Warren Buffett’s Berkshire Hathaway increased its Chevron holding to roughly 130 million shares, representing about 7.24% of the conglomerate’s equity portfolio and elevating CVX to a top‑five position. The purchase was made in Q4 2025, before Brent crude surged toward $100 a...
US LNG Sector Sees Risks From Surge in Prices
The war in Iran and attacks on Qatar's Ras Laffan terminal have driven European spot LNG prices above $20 per million British thermal units, more than double pre‑conflict levels. This price surge fuels concerns that volatility could erode buyer confidence...
US Largely Insulated From Global Gas Market Upheaval
The United States has remained largely untouched by the recent turmoil in global gas markets caused by the Middle East conflict. Domestic natural‑gas production is at a record high, and LNG export terminals are operating near full capacity. Spot gas...
Qatar's US-Based Golden Pass to Provide Limited Wartime Help
QatarEnergy's Golden Pass LNG, its first liquefaction plant outside the Middle East, is slated to begin shipments from Texas next week. The plant could help narrow the global LNG shortfall caused by the unexpected shutdown of Qatar's flagship Ras Laffan export...
Oil Price Surge May Not Drive Permian Gas Production Surge
Rising geopolitical tensions in the Strait of Hormuz and attacks on Middle East energy infrastructure have driven oil and natural gas prices to new highs. Despite the price surge, operators in the Permian Basin are not accelerating associated gas production,...
US Gas in Crosshairs Amid Preelection Data Center Uproar
The AI boom is turning data centers into a major source of electricity and natural‑gas demand in the United States. Large‑scale training clusters rely on gas‑fired backup generators, adding significant load to the gas system. However, grassroots opposition to new...
Market View: Pipe Outages Push Permian Gas Prices Underwater
West Texas natural‑gas prices have plunged to historic lows as a combination of robust Permian output, seasonally weak demand, and unexpected pipeline outages throttles transportation capacity. The bottleneck forces producers to offer cash incentives for customers to take gas that...
Global Commodities: What Are the Markets Missing?
In this episode, JP Morgan analysts Greg Scheer (precious and base metals) and Atar de Boadze (European natural gas) dissect the escalating Middle‑East conflict’s impact on commodities. They detail how attacks on Iranian, UAE and Qatari gas infrastructure have trimmed Qatar’s...
Argentina's LPG Exports to India More than Double
Argentina exported 50,000 metric tonnes of LPG to India in the first quarter of 2026, more than double the 22,000 tonnes shipped to the country in all of 2025. The surge reflects Argentina’s steady rise in LPG output, which reached...
A Gas Plant Proposal for Rural Virginia Gets Local Land Use Approval
Fluvanna County’s Board of Supervisors approved a 4‑1 vote for Tenaska’s 1.5‑gigawatt Expedition Generating Station, a natural‑gas plant, granting a special‑use permit, higher smokestack allowances, and restrictive covenants. The deal promises roughly $250 million in tax revenue and includes a $5 million...
The Startup That Cracked the Code for Commercial Thermal Batteries
Fourth Power, founded by MIT professor Asegun Henry, announced a breakthrough thermal‑battery design that uses molten metal as the heat‑transfer medium stored in carbon bricks. The system operates at 1,900‑2,400 °C, delivering markedly higher power density and allowing the unit to...
Trump Admin Targets 1 Million Acres of California Public Lands for Drilling, Putting Yosemite’s Backyard at Risk
The Bureau of Land Management, under the Trump administration, has released two plans to open more than one million acres of California public lands to oil and gas drilling and fracking, including areas adjacent to Yosemite, Sequoia, and other national...
Oil Surges as Iran War Escalates
Oil prices surged as the Iran‑U.S. conflict entered its third week, pushing Brent crude above $112 per barrel, the highest level since July 2022. The near‑closure of the Strait of Hormuz, which handles about 20% of global oil shipments, and...
Iraq Advises Foreign Firms to Curb Output
Iraq has instructed international oil companies operating in the country to curb output, invoking force majeure retroactively to March 3 because export routes through Basrah are effectively blocked. The loss of roughly 3.4 million barrels per day of export capacity follows a...
Texas Grid Rethinks Rules as Data Centers Surge
Texas grid operator ERCOT is overhauling its interconnection process to cope with a surge of data‑center, crypto‑mining and other large‑load projects that total over 200 GW of pending requests. The new "Batch Zero" framework groups all projects of 75 MW or larger...
Korea Electric Power Corporation (KEP): Smart Electric Life Launch and Robust FY2025 Earnings
Korea Electric Power Corporation (KEPCO) unveiled the Smart Electric Life platform, consolidating 39 energy‑related services that were previously scattered across seven government and utility agencies. The digital hub features tools such as “Find My Benefits,” bill‑simulation calculators, and the Plus...
In the Iran Crisis, the IMF’s Voice Is Urgently Needed
The IMF has been slow to deliver a comprehensive analysis of the Iran crisis and the de‑facto blockade of the Strait of Hormuz, despite its mandate to safeguard global financial stability. Standard IMF publications such as the World Economic Outlook...
AI Boom Revives Abandoned Biden-Era Battery Factories
Under Biden-era industrial policy, the US was building a domestic battery industry at record pace to supply the growing market for US-built EVs. The GOP axed the policies driving EV demand, making most of those battery plants unnecessary. Now, in...
Lula Says Petrobras, Pemex Could Partner on Oil Exploration
Brazilian President Luiz Inácio Lula da Silva told Mexican President Claudia Sheinbaum that Petrobras could join Pemex in deep‑water oil exploration in the Gulf of Mexico, targeting depths around 2,500 metres. The proposal follows Petrobras’ push to expand overseas and replenish its reserves,...
Echion Technologies and GUS Unveil Launch of XNO® Battery Products at Battery Japan
Echion Technologies and GUS Technology announced the commercial launch of XNO® fast‑charging, high‑power battery products at Battery Japan. The cells, produced at GUS’s Zhongli plant in Taiwan, can reach 80% state‑of‑charge in five minutes, operate at –30 °C, and retain over...
Oil Waivers Risk Sustaining Russia’s War Effort Amid the Iran War
U.S. Treasury Secretary Scott Bessent announced a short‑term general license allowing the purchase of Russian crude already on board vessels, effective March 12 through April 11. The waiver follows a similar 30‑day exemption for India and aims to dampen market turbulence caused...
Texas Instruments Pushes 800V Power Architecture to Tackle AI’s Looming Energy Bottleneck
Texas Instruments announced a push toward 800‑volt power architectures to meet the exploding energy needs of AI‑driven data centers. By moving from legacy 48 V systems to 800 V, TI aims to cut copper usage, lower losses, and improve power density as...
Multiple Bottlenecks Face New Nuclear Builds
The Nuclear Scaling Initiative released a 73‑page report that maps critical bottlenecks in the U.S. advanced nuclear supply chain, highlighting fuel shortages, downstream manufacturing constraints, and a skilled‑labor gap that together create a market‑paralysis cycle. It recommends coordinated actions by...
Oil Prices Rise Modestly Despite Major Hormuz Disruption
Oil Prices and the Information War Global oil prices have risen surprisingly little given the war between the United States, Israel and Iran has triggered “the largest supply disruption in the history of the global oil market” according to the International...
Sheinbaum Vows to Slash Mexico’s 75% Reliance on U.S. Natural Gas Imports
Mexico currently sources about three‑quarters of its natural gas from the United States, importing over 7 billion cubic feet per day. President‑elect Claudia Sheinbaum announced a plan to cut that reliance dramatically, aiming to halve imports by 2030 through expanded domestic...
Battery Energy Storage Systems Are Transforming Facility Resilience
Battery energy storage systems (BESS) are evolving from idle backup assets into active tools that cut electricity costs and boost facility resilience. By charging during low‑price periods and discharging at peak demand, BESS enables daily peak‑shaving and supports microgrid configurations...
U.S. Gasoline Shortage Evident in Recent Photo
Gasoline supply shortage already hitting here in the U.S.? For context, I took this picture minutes ago. Anyone else seeing this sort of thing?
Vikram Solar's PowerHive Introduces VION Lithium Batteries in India
Vikram Solar’s PowerHive unit launches VION lithium batteries in India #energysky -- via pv magazine global: https://t.co/FNPvbud9UI
SoH Closure Slashes GDP, Boosts Oil Prices
Oil price and GDP effects of SoH closure for one, two or three quarters. https://t.co/JOzrf3rVQR
Core Oil Earnings Track Oil Price Fluctuations
Bichler and Nizan’s latest: How the relative earnings of the core oil companies vary with the oil price. Featured in today's Chartbook Top Links: https://t.co/rSQKknEmX7
Vena Energy Lands AU$200M Revenue Share for 204MW Storage
Vena Energy secures AU$200 million revenue share deal for 204MW battery storage site in Australia #energysky -- via Energy Storage News: https://t.co/ahpMrnPj6C
Oil Risks Surge as Spot Prices Rise, Volatility Falls
Oil riskies firmed a lot to the put and today spot up, vol down day https://t.co/yyPo6cUfXq
Panel Greenlights Gigawatt Battery After Community Referral
Independent panel approves gigawatt scale battery three months after local opponents force referral #energysky -- via Renew Economy: https://t.co/0805K7SE5c https://t.co/NmKhZJzXsa
Oil Prices Surge Amid Fourth Week of Iran Conflict
🛢️ OIL & IRAN WAR CONTEXT WEEKLY 🛢️ Crude rose in further fits and starts as the Iran War stretches into its 4th week and belligerents escalate to attacks on upstream infrastructure that have already wrought durable supply losses. Summary below, link...
Goldbeck Lands EPC Contract for Europe's Largest PV Plant
Goldbeck secures EPC contract for 722MW PV plant in Poland, Europe’s largest #energysky -- via pv-tech: https://t.co/C7RbpIBFGj
Embargo Iranian Oil, Not Seize Kharg, to Open Strait
Headlines that the US is thinking about taking Kharg island are pushing up Brent (lhs) and causing stocks to tank (rhs). Taking Kharg doesn't reopen the Strait and could turn into a fiasco. Better to embargo Iranian oil and force...
Gas Prices Outpace 2022; Long‑term Real Rates Rise
3w into conflict, gas prices on higher trajectory than in 2022 (Ukraine invasion). WTI 1M/6M spread off peak inversion, so are implied vols for WTI. 2YR inflation expectations on similar trajectory as 2022. LT inflation exp not reacting much...
Iran Conflict Threatens Global Energy Market Collapse
Iran War Puts Global Energy Markets on the Brink of a Worst-Case Scenario | WIRED Quoted here with the always on point @Rory_Johnston https://t.co/mDCdbWwTqc
Falling Oil Demand May Trigger Higher Future Prices
Is it reasonable to say that a long-term, structural decline in global oil demand would not necessarily translate into lower prices, and could plausibly turn into significantly higher prices in the future?
China's $250B Marshall Plan to Accelerate Global Electrification
Michael Cembalest from @JPMorganAM talks on Open Circuit about his Eye on the Market report. One topic we discuss is a $250B Marshall Plan from China that will accelerate electrification efforts around the world. https://t.co/bYsQ3TDtQa
Solar to Power Over Half of US’s 2026 Capacity Surge
The US is on track to add 86 GW of new power capacity in 2026... 51% of that will come from SOLAR. Energy transition is happening.
Airlines Brace for Jet Fuel Shortages, Not Price Spikes
Global airlines are preparing for "shortages", i.e. there simply is no jet fuel available. But they are talking about prices as a completely separate matter... Wow... https://t.co/FPxwGrm5c0
Georgia Launches First U.S. Fuel Tax Holiday Amid Price Surge
Georgia becomes the first U.S. state to declare a fuel tax holiday as gasoline and diesel prices surge in the back of the U.S.-Israel attack on Iran. Georgia will waive for 60 days a 33 ¢ per gallon tax on...
Iberian Blackout Caused by Voltage Control, Not Renewables
The final report on the Iberia Peninsula (Spain and Portugal) blackout is out. A lot of people will be blaming renewables and talk about inertia. But the cause was bad voltage control and that's surprisingly easy to fix. Let me explain. https://t.co/d2slhAOHGu
China’s $250B Marshall‑Plan Fuels EV Surge in Emerging Markets
This is exactly what James Gutman predicted on the latest episode of @EnergyEmpirePod. EVs are selling out in the top 50 emerging markets given the $250B “Marshall Plan” being rolled out by China. https://t.co/75BxCTbmpS
Analyzing Gulf Crisis Energy Impacts on FP Live
Excited to join @RaviReports on @ForeignPolicy FP Live next week to talk about the energy implications of the crisis in the Gulf. Tune in--Live On March 26, 2026 | 11:00am ET https://t.co/GLSeORmDP9