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:
Texas Takes Over Permitting for Carbon Storage Projects
The Texas Railroad Commission secured EPA approval to issue Class VI carbon‑storage permits, shifting authority from the federal level to the state. This primacy is intended to streamline applications, with a $50,000 filing fee, an annual $50,000 idle‑well charge, and a dedicated staff of technical reviewers and engineers funded by a $1.9 million federal grant. So far, 18 companies have applied, including Oxy’s project to store up to 8.5 million metric tons of CO₂ over 12 years. However, experts caution that without new incentive programs, the permit shift alone may not spark a rapid project boom.
Middle East Oil Shut‑in Now Three Times Feared
The numbers are clear: Middle East oil crisis is already 3x WORSE than the UNREALIZED FEAR in 2022 @Rory_Johnston explains: in April 2022 fear was 3 Million Barrel per day (mb/d) shut in for Russian Crude (DIDN'T HAPPEN). In 2026...
Iran War Puts Global Energy Markets on the Brink of a Worst-Case Scenario
The war between Israel and Iran has escalated into direct strikes on oil and gas infrastructure, effectively closing the Strait of Hormuz and pushing crude prices above $100 a barrel. Missile attacks have damaged the South Pars gas field and...
Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad
The Hong Kong‑flagged tanker Sea Horse, loaded with Russian diesel originally bound for Cuba, has diverted to Trinidad and is expected to arrive on Monday. The change follows a U.S. Treasury decision to tighten a waiver, now excluding sales to...
These Energy Stocks Could See Gains for Years From Middle East Supply Disruptions
Three weeks after the U.S. and Israel launched attacks on Iran, oil prices have surged to $96 per barrel for WTI and $110 for Brent, reflecting heightened Middle‑East supply risk. Natural‑gas prices rose modestly, yet U.S. LNG exporters Cheniere Energy...
UK’s First Hygdogen Fuel Cell-Powered VMS Deployed by National Highways
Fuel Cell Systems partnered with Swarco UK & Ireland to install the United Kingdom’s first fuel‑cell‑powered variable message sign (VMS) on the National Highways network at the M6 Lancaster Motorway Services. The deployment uses an Efoy Pro 12000 direct methanol...
"Work From Home and Limit Flights", Urges IEA, as Fuel Crisis Deepens
The episode examines how recent attacks on Gulf energy infrastructure, sparked by the US‑Israeli conflict with Iran, are driving volatile oil and gas prices and threatening global supply chains. The International Energy Agency urges governments to cut demand by promoting...
Boxer Won't Reach Gulf Until Mid‑April, Oil Delay
Assuming the USS Boxer is heading to the Middle East, and considering that she only left San Diego two days ago, she won't be near the Persian Gulf until mid-April. If the reinforcements are intended to reopen the Strait of...
Jinko, LONGi, Tongwei and Aiko Secure Solar Module Orders Exceeding 4.6GW in March
Chinese photovoltaic manufacturers JinkoSolar, LONGi Green, Tongwei and Aiko booked more than 4.67 GW of overseas module orders in March. Europe accounted for 51.1 % of the volume, Australia 42.5 %, with the remainder split across Asia‑Pacific and the Middle East. JinkoSolar led...
Texas Leads Nation in Oil, Gas Jobs
Texas led the nation in oil and gas employment in 2025, with 476,777 workers—about a quarter of all U.S. industry jobs—despite a modest dip from the previous year. When indirect and induced effects are included, the sector supports roughly 2.5 million...
IOCL Diesel Hike Spikes Industry Costs, Fuels Inflation
IOCL raises industrial diesel prices sharply ⛽ ₹87.57 ➝ ₹108.59 Impact : The diesel price hike by Indian Oil Corporation will raise costs for industries and transportation, leading to higher prices of goods and increased inflation.
Newave Energia, Gerdau Open 452MW Brazilian Solar PV Project
Renewable developer Newave Energia and steelmaker Gerdau have commissioned the 452 MW Solar de Barro Alto photovoltaic plant in Goiás, Brazil. The project cost R$1.3 billion (US$240 million) and comprises roughly 731,000 solar panels. Gerdau will purchase 40 % of the output to power...
Shipping’s Biofuel Gamble Could Deepen Africa’s Land Squeeze and Food Insecurity (Commentary)
The commentary warns that adopting crop‑based biofuels to decarbonise shipping could exacerbate Africa’s land pressure and food insecurity. Shipping accounts for roughly 300 million tons of fuel annually and 3 % of global emissions, so even modest biofuel uptake would demand large...
EU’s Von Der Leyen Pledges to Revise Carbon Pricing System, Introduce €30 Billion Cleantech Fund
European Commission President Ursula von der Leyen announced imminent revisions to the EU Emissions Trading System (ETS) and the creation of a €30 billion "ETS Investment Booster" fund. The short‑term changes will adjust benchmarks for free allowances and strengthen the Market...
Why Data Centers Will Need a ‘Bring Your Own Power’ Strategy
AI‑driven workloads are set to push U.S. data‑center electricity demand up 22% in 2025 and nearly triple by 2030, straining an already stressed grid. Grid operators such as PJM warn that extreme‑weather events could push generation capacity to its limits,...
Funding Boost Supports Grangemouth’s Low-Carbon Transition
Scotland’s government has allocated £41,000 to Unite the Union to run the Grangemouth Jobs Prioritisation Scheme, tying public investment to local employment. Over the past year, £11.4 million has funded low‑carbon projects such as Celtic Renewables and MiAlgae, with 316 workers...
China’s Investment Shifts Toward Clean Energy, Manufacturing
This story is being replicated in other regions too, e.g., Central Asia, where the China story now includes renewables, manufacturing, and more ... "Where early engagement centered on oil, gas and mining, recent years show a marked shift towards clean...
V-Green to Build 99 Fast-Charging Stations in Vietnam
V‑Green, a charge‑point operator and VinFast sister company, announced a plan to build 99 fast‑charging stations across Vietnam this year. The stations will be located along national and provincial highways in 34 provinces, each offering up to 100 chargers delivering...
Ohio Power Board Cancels 94-MW Agrivoltaic Solar Project
The Ohio Power Siting Board voted unanimously to deny Open Road Renewables' 94‑MW Crossroads Solar Grazing Center, an agrivoltaic project slated for 570 acres in Morrow County. The development, which would have paired solar arrays with sheep grazing, had been...
Oil Tanker Market’s Key Rate Thrown Into Chaos
The Baltic Exchange’s TD3 tanker rate, which benchmarks Middle‑East‑to‑China freight, was forced to continue referencing Saudi Arabia’s Ras Tanura port despite the Strait of Hormuz being effectively closed. With almost no actual voyages, shipbrokers were left to price a hypothetical risk,...
Government's Renewable Promise Proved Wrong Amid Energy Crisis
Our Federal Government Told Us Oil & Gas Would Be Replaced By Renewables For The Last 10 Years Oil & Gas was over & there was no point in expanding production Today in Asia: countries fear they will soon shut down after...
Nigeria Faces Iran War Oil Price Conundrum
Nigeria’s oil revenues are set to surge as the Iran‑Ukraine war pushes crude above $100 a barrel, a windfall for the country’s export‑driven economy. Yet the nation still imports most refined fuels, so higher global prices translate into steeper pump...
Midmorning Markets: Outsized South Central Natural Gas Storage Injection Pressures Permian Prices
Natural gas futures slipped Friday as traders weighed heightened Middle East war risk and a sharp rise in U.S. storage. The U.S. South Central region logged a 26 Bcf injection, pushing inventories to 721 Bcf, still 30 Bcf below the five‑year average. The...
Six EV Chargers That Offer Free Charging In North Carolina
Waynesville, North Carolina installed six new Level 2 EV chargers at its recreation park, offering free charging to the public. Each unit costs $700, with the town spending roughly $23,000 for installation and recouping $6,900 through a federal tax credit, bringing...
Norway Gas Production Down in February
Norway’s natural gas production slipped to 355.13 MMcmd in February, a 2.6 % decline from January and 0.4 % below February 2025, missing the NOD forecast by 2.1 %. Gas sales fell to 9.9 Bcm, down 1.4 Bcm from the previous month. Oil output rose to 1.97 MMbpd,...
FERC Rejects RWE Complaint over PJM Interconnection Practices
The Federal Energy Regulatory Commission (FERC) dismissed RWE Clean Energy's complaint that PJM Interconnection violated cost‑allocation rules after the project’s upgrade estimate ballooned from $1.25 million to nearly $72 million, prompting the developer to withdraw a 125‑MW solar‑battery project. At the same...
SBM Offshore Interview: Advancing Future-Ready FPSOs Through Standardization, Robotics, AI and Lower‑carbon Solutions
SBM Offshore’s COO Alex Glenn detailed the Fast4Ward program, which shifts the company from bespoke FPSO designs to a standardized, modular, data‑driven model. The initiative introduces pre‑engineered hulls and topside modules, cutting delivery schedules by up to a year and...
Early Skeptics Proved Right as Oil Prices Soar
Two weeks ago, Brent oil futures were in the 80s; the president was telling reporters that the war was "very complete" and that Iran was begging to negotiate; and WH defenders were claiming the war was "over" and accusing commodity...
Industrial Diesel Hiked by 25%: Textile Industry Faces Rising Input Costs
Indian Oil Corporation raised the price of industrial diesel to Rs 109.59 per litre, a 25% increase effective 20 March 2026. The hike targets bulk consumers such as factories, where diesel fuels captive power plants and heat‑intensive processes. The textile sector, which relies...
Wales Introduces New Deal to Drive Its Renewable Energy Potential
Wales has unveiled a Renewable Energy Sector Deal to accelerate its clean‑energy transition. The plan sets a 70% renewable electricity share by 2030 and 100% by 2035, with a target of 1.5 GW locally owned capacity by 2035. It spans on‑shore...
LPG-Dependent Operations Halted at IFGL Refractories’ Kandla Plant in Gujarat
IFGL Refractories Ltd. has temporarily halted LPG‑dependent operations at its Kandla plant in Gujarat after the Indian government ordered oil‑marketing companies to prioritize domestic LPG supplies amid a Middle‑East conflict‑driven shortage. The stoppage affects high‑temperature kiln and heat‑treatment processes, but...
Lifting Sanctions Boosts Iran's Oil Profits, Not Global Prices
Iranian oil has been sanctioned for many years. The 140 million barrels he is referring to are part of the "dark fleet" that has been shipping Iranian oil to Asia (mainly China) for years. Iran gets money for oil, and...
Kharg Island Tension Could Trigger Market Shock Soon
🚨 THE MARKET IS ONE ISLAND AWAY FROM RELIEF AND CHAOS US is quietly considering lifting Iran sanctions but behind the scenes? There's talk of something far more aggressive. And it all comes down to one tiny island in the Persian Gulf...
Energy Vault Continues to Diversify as It Experiences Q4, Full Year 2025 Growth
Energy Vault reported a 340% revenue surge to $203.7 million in 2025, driven by its entry into AI‑infrastructure, Australian projects, and the Asset Vault subsidiary. The company narrowed its GAAP net loss to $103.6 million and boosted cash on hand to $103.4 million, more...
Oil Analysts Must Dominate Podcasts on Hormuz, $200 Oil
If you're an oil analyst and you haven't been on at least 7 podcasts this week talking about the Strait of Hormuz and $200 oil what are you even doing w/your career?
China Gains First Benefit as Iran War Cuts Oil Imports
CHINA ALREADY GOT ITS FIRST WIN FROM THE WAR IN IRAN In today's newsletter, I wrote about how the long term trend of countries reducing their oil imports by substituting them with Chinese tech is already accelerating since the start of...
Middle East Energy Infrastructure Strikes and European Power Markets: Rising Power Prices, Stable Credit Profiles
Recent U.S., Israeli, and Iranian strikes on Middle East oil and gas infrastructure have sharply lifted European natural‑gas prices. Because gas‑fired plants often set marginal electricity rates, merchant power prices across Europe are expected to rise in the near term....
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Bessent un-sanctioned Russian oil AFTER WaPo reported Russia was helping Iran targeting US assets the way the US has been helping UKR target Russian assets... ...& yet Wall Street consensus overwhelmingly remains that "Bessent has everything under control." Fade that view, hard
Panic Buying Leaves over 100 NSW Diesel Stations Empty
"At least 107 fuel stations across the state of New South Wales (NSW) in Australia have run out of diesel as panic buying has outstripped supply, premier Chris Minns said today." https://t.co/zXWc5xVLPK
Iran Launches Missile Barrage on Qatar’s Ras Laffan LNG Plant After Israeli Strike on South Pars
Iran fired missiles at Qatar’s Ras Laffan LNG complex hours after Israel hit the South Pars gas field, the world’s largest gas reservoir. The tit‑for‑tat attacks have disrupted LNG supplies, pushed Brent crude above $112 a barrel and raised fears of a...
Low Stock Levels Threaten US Reserve Capacity Integrity
Here is something I had not realized. Functionally, the US' strategic petroleum reserve may have less capacity than the stated figures. Should stocks fall below a certain threshold, it could damage the structural integrity of the actual storage facility. https://t.co/AIeGeWdXWV...
Utility Builds Data Center Transmission Free of Ratepayer Costs
So apparently a utility is able to build transmission for data centers without charging ratepayers? Utilities have almost universally said this would be bad policy.
Goldman Sachs Says Oil Prices Could Stay in the Triple Digits for “Years”
Goldman Sachs analysts project that oil prices will remain above $100 per barrel through 2027, citing recent Brent levels at $110.2 and WTI at $95.9. The forecast reflects persistent supply shocks, especially the ongoing closure of the Strait of Hormuz,...
Falling Prices and Yields Hint at Possible Middle East Conflict
Lower prices, lower yields, lower oil. Either that, or a new war in the Middle East. https://t.co/mnkr6zwlk9
SPR Release Rate Outweighs Total Volume Impact
FLOWS before SPROS: While the announced volume of IEA coordinated SPR release is equal to a 4-week full Hormuz disruption. The SPR release RATE still means the supply losses compound over time. FYSA: Back in my days at DOE, the short-hand...
China’s Russian Oil Imports Spike in Early 2026, but Iran War Changes Outlook
China’s imports of discounted Russian crude surged to 21.8 million tonnes in January‑February 2026, a 40.9% year‑on‑year increase, while the dollar value rose only 5.8% due to steep discounts. Russian oil now makes up more than one‑fifth of China’s total crude...
Today's $4 Gas Still 33% Cheaper than 2008
If gasoline hits $4 now, that's still a third less than the $6 it hit in 2008 in today's dollars ($4 in nominal dollars then).
Hormuz Crisis Highlights Need to End Fossil Reliance
Just spoke to @AlJazeera about the Strait of Hormuz energy crisis. Damage to production facilities will take years to repair, further price spikes likely. Govts can subsidise bills short-term but the only lasting fix is ending fossil fuel dependence. https://t.co/0G9SMxLqKm
Extended Hormuz Closure Threatens Sovereign Debt, Consumer Credit
If Hormuz stays closed another 3-4 weeks, it all begins to crumble...into an already-teetering global sovereign debt problem & consumer credit problem. Based on what I'm hearing, it is highly likely Hormuz will remain closed for at least another 3-4 weeks. Let's...
Iran War Fuels Asian Surge in EV Demand
The energy crisis caused by the war in Iran is strengthening the case for electric vehicles. The oil price shock drives EV demand in Asia. https://t.co/5yRSoiCS6O https://t.co/aKMZB28ruw