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:
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 on roughly 1,700 MW of diesel‑driven captive capacity, faces immediate cost pressure. Analysts warn that smaller manufacturers may see margins erode and could transfer costs to downstream buyers.
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...
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...
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....
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...
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,...
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...
AGL Commissions 500MW Liddell Battery in NSW
AGL has started commissioning its 500 MW, two‑hour Liddell Battery at the Hunter Energy Hub in New South Wales, with the first 250 MW already under test. The project is slated for full commercial operation by June 2026 following staged performance testing and...
India Steps up Regional Energy Diplomacy, Supplies Bangladesh with Diesel
India will deliver 45,000 tonnes of diesel to Bangladesh by April, with 5,000 tonnes already shipped via the 131.5‑km India‑Bangladesh Friendship Pipeline. The move comes as global fuel prices surge amid the Iran‑Israel conflict and reflects New Delhi’s self‑styled role...
Bosch Presents Electric Powertrain for Heavy-Duty Trucks and Off-Highway Machiner
Bosch Engineering unveiled an 800‑volt electric powertrain at LogiMAT 2026, targeting heavy‑duty intralogistics equipment such as forklifts, truck tractors and port transporters. The SMG230 motor delivers 188 kW continuous power and up to 550 Nm peak torque, while a silicon‑carbide inverter pushes...
Buy Chevron, as Its Middle East Exposure Is Lower than Rival Exxon's, Says HSBC
HSBC upgraded Chevron to Buy, lifting its price target to $215, implying roughly 7% upside from the latest close. The bank highlighted Chevron’s markedly lower exposure to Middle‑East oil—under 200,000 barrels per day versus Exxon’s 900,000+—as a key risk buffer...
Serbia Secures US Sanctions Waiver for Its NIS Oil Firm, Energy Minister Says
Serbia secured a U.S. Treasury waiver extending sanctions relief for the Russian‑owned Naftna Industrija Srbije (NIS) until April 17, 2026, allowing continued crude oil imports amid the war on Iran. The waiver comes as Serbia imposed a ban on crude and...
Oil Whipsaws as War Risk and Emergency Supply Measures Collide
Oil prices swung sharply this week as escalating war risk in the Middle East collided with a series of emergency supply measures. WTI fell to $94.13, down 3.98%, after traders weighed tanker delays in the Strait of Hormuz against strong...
The Race to Stabilize Oil Markets as the Iran War Expands
The Iran‑Israel conflict is spilling into global oil markets as strikes target both the Hormuz corridor and Iran’s Kharg Island export hub. U.S. officials have responded with a Jones Act waiver, Strategic Petroleum Reserve drawdowns, and the prospect of releasing...
‘The Barriers I Encountered Were Never Dramatic, They Were Cumulative’
Women in Solar+ Europe featured Delfina Muñoz, CEA research director, who argues that diversity is a catalyst for faster, fairer clean‑energy innovation. She describes how everyday micro‑biases accumulate to create barriers for women, and stresses that inclusion must be embedded...
How We Deliver Energy Matters More Than Sources
The article argues that reliable power delivery, not just source mix, is the critical challenge for global energy systems. Abu Dhabi showcases a converged model that blends natural gas, over 45% renewables, and AI‑driven platform AD.WE to manage electricity and...
Why Technical Due Diligence Is Becoming the Backbone of Europe’s Solar-Storage Boom
Europe’s hybrid solar‑plus‑storage projects are scaling rapidly, turning isolated PV and battery assets into integrated systems that deliver firm capacity and grid services. The added electrical, mechanical and digital interdependencies raise failure risks, making superficial technical due diligence a liability....
Offshore Vessel Charging Tech Developer Plans Commercial Rollout in UK
Stillstrom, the Maersk‑backed offshore charging specialist, has launched a dedicated UK entity in Aberdeen to commercialise its eCharger system for service operation vessels. After years of development and full‑scale trials in 2024, the solution is now ready for operational deployment...
Oil Firm Breaks Environmental Rules Nearly 500 Times
Essar, operator of the Stanlow refinery in Ellesmere Port, admitted breaching environmental regulations 491 times between 2018 and 2020. The violations included discharging cyanide above permitted levels into the Manchester Ship Canal, a river and a brook. The company pleaded...
VIDEO: Financial Strategies for Energy Storage Assets, Beyond Arbitrage
The energy‑storage market is reaching an inflection point as physical market revenues shrink, prompting operators to seek financial strategies beyond simple arbitrage. GridBeyond’s on‑demand webinar, hosted with Energy‑Storage.news, outlines how sophisticated hedging tools, structured derivatives, and revenue‑floor contracts can protect...
Danantara Secures US$1.4 Billion to Build PV Module Assembly Plant in Indonesia
Indonesia’s sovereign investment agency Danantara has secured US$1.4 billion to build a domestic PV‑module assembly plant, slated for completion by the end of 2026. The funding underpins the government’s goal of adding 50 GW of renewable capacity by 2035 and ultimately 100 GW...
India's Installed Energy Storage Capacity to Hit 346 GWh by 2033: Industry Paper
India’s stationary energy storage capacity is projected to surge from less than 1 GWh today to 346 GWh by 2033, according to a white paper unveiled at the SESI 2026 conference. The paper notes a pipeline of 92 GWh of battery energy storage system...
Non-Fossil-Fuel-Based Power Generation Capacity to Hit 786 GW or 70% Mark by FY'36: Government Report
India’s National Generation Adequacy Plan projects non‑fossil‑fuel‑based capacity to reach 786 GW – about 70 % of the total 1,121 GW target – by fiscal year 2035‑36. The current non‑fossil portfolio stands at 275 GW, representing 52.5 % of the 524 GW installed today. The plan...
Global Solar PV Installations Reached 647GW in 2025
Global solar PV installations hit a record 647 GW in 2025, an 11 % increase over 2024, according to Ember. China contributed 378 GW, more than half of the world’s additions, with a May surge of 111 GW driven by pricing reforms. Combined solar...
US Gas Prices Unchanged as Europe, Asia Surge Dramatically
U.S./IRAN war is having a very different impact on gas prices in Europe and Asia compared with the United States. The conflict has had essentially no impact on domestic gas prices in the United States, which remains insulated from global...
ABP Backs RWE Vanguard From Lowestoft Port
Associated British Ports (ABP), RWE and Clarksons Port Services have formalised a partnership to use Lowestoft's Eastern Energy Facility as the construction hub for the 3.1 GW Vanguard West and East offshore wind farms. ABP has committed £35 million to upgrade the...
Qatar's LNG Largely Intact; Focus on Facility Attacks
And this is just 17% of Qatari LNG. We have not yet seen significant physical damage to the oil infrastructure in the region. There’s a lot of talk about when the strait reopens but what matters for the tail...
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).
Statkraft Wins Consent for Welsh Solar Project
Statkraft has secured planning consent for the 30 MW Alleston Solar Farm in Wales, a project that will generate enough electricity for up to 14,000 homes. The consent, granted by Welsh Government planning inspectors, follows extensive community consultation and incorporates biodiversity...
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...
TC Energy Could Be Open to Return to B.C. LNG Pipeline Project as Global Gas Crunch Threatens
TC Energy CEO François Poirier said the company could consider re‑entering British Columbia’s Prince Rupert Gas Transmission project if the Ksi Lisims LNG venture approaches it. Recent Middle‑East tensions have heightened the appeal of Canadian West‑Coast LNG, improving the permitting outlook...
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
Higher Carbon Prices Reduce Global Oil Intensity
One of the reasons why you might think that carbon pricing could work: higher prices help lower the oil intensity of global output. Chartbook Top Links of the day just dropped: https://t.co/vm9gtD4kJ9
Oil Futures Signal Long-Term Impact From Iran War
It's not just a blip. Increasingly oil futures markets are suggesting that the Iran war is going to have (or has already had) effects that will last for years. https://t.co/j23M3zH7AL
Hormuz Tensions Could Spike Oil Past $200, Triggering Long‑term Chaos
Reupping this as the continued Hormuz chaos seems increasingly likely to drive oil above $200/barrel, followed by years of hydrocarbon market chaos
US May Permit Iran Oil Sales to Boost Supply
Bessent: U.S. May Allow Iran to Sell Oil in Order to Increase Supply https://t.co/cJQjJqRa54 #maritime #maritime-news
Discussing Today’s Energy Crisis and Future Solutions
Thanks to @andrewrsorkin @JoeSquawk for having me on @SquawkCNBC this morning to talk about today’s energy crisis and where we go from here.
IEA's Demand Plan Ignores LNG, Sidesteps Coal
Better late than never: IEA has released today a report with demand side measures to address the oil shortage. Including work-from-home, lower speed in highways, etc... Link here: https://t.co/MXt0hEQ9Sx Unfortunatelly, the IEA does not addresses LNG (so it sidesteps coal).
Oil Prices Soar Despite Limited Infrastructure Damage, Demand at Risk
Prices have surged but physical oil infrastructure damage remains limited & still some slack in system. For a disruption this large, prices eventually need to rise high enough to actually destroy demand—as parts of crude & product mkts are starting...
Markets Unfazed as Iran Eases Hormuz Oil Flow
Markets are shrugging off Middle East tensions as oil disruptions prove less severe than feared. Iran's selective passage through Hormuz is easing supply concerns. 🟢 Open https://t.co/I5Gu8mRO2F
German Gas Prices Outpace US Even Before Taxes
Good Morning from Germany, where gasoline prices – even before taxes – are now higher than the avg price Americans pay at the pump, taxes included. https://t.co/PJk0TM53gN
US Chooses Between Lifting Iran Sanctions or Invading Kharg
On the one hand, the US is considering lifting sanctions on Iran's oil. On the other, the US e is considering invading Kharg. It's one or the other. Either the US understands the MAD dynamic at play with energy flows...
Oil Embargo, Not Escalation, Is War’s Off‑ramp
This war needs an off-ramp. That isn't military escalation or just declaring "mission accomplished." Instead, it's an embargo of Iran's oil. That'll throw Iran into chaos and the upside for oil prices is limited given how much they've already risen... https://t.co/t20Z7S85OZ...
44-Year Rate Review Gap Ends with New Alabama Bill
“For forty-four years, Alabama Power has operated without a real rate review. That ends with this bill,” stated @EnergyAlabama. “The House heard from tens of thousands of Alabamians who stood up against HB 392, who spoke out against SB 360,...
Sea‑based Oil Reserves Dwindling, Iran Holds One‑third
This is a very important story: “…The amount of oil stored at sea — a vital buffer for markets — is running down fast…” About 1/3 of what’s left is Iranian. https://t.co/zS7v0338Ay