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:
Eskom Must Build Renewables or Face Extinction: Mteto Nyati
South Africa’s state utility Eskom announced the creation of a dedicated renewables subsidiary, Eskom Green, as part of its unbundling strategy. Chairman Mteto Nyati warned that without new renewable capacity Eskom could disappear within decades, while emphasizing that coal and nuclear will still be needed for baseload reliability. The unbundling now includes a fourth entity, the National Transmission Company of South Africa (NTCSA), with distribution and generation to follow, though the distribution arm faces a R110 billion debt from municipalities. Nyati clarified the restructuring is not privatisation, but a move to make each unit more agile and competitive.
NTPC Signs MoU with Octopus Energy to Pursue Clean Power, EV and Storage Projects
NTPC Limited and Octopus Energy Group signed a non‑binding memorandum of understanding at the Bharat Electricity Summit to jointly explore electricity distribution, renewable generation, EV charging and digital platforms in India, the UK and other markets. The deal comes as...
Solaredge Nexis: Integrated Solar and Storage System From Solaredge for Residential Buildings Launches in Germany - Stock Rises
Solaredge launched its Nexis integrated solar‑plus‑storage system for the German residential market. The modular solution pairs a three‑phase inverter up to 20 kW with scalable LFP battery blocks ranging from 4.9 kWh to 78.4 kWh per inverter, and includes built‑in backup. The “Lego‑like”...
A New Phase.
Energy prices have surged dramatically as oil climbs above $115 per barrel and LNG spikes across Europe and Asia. Physical attacks on Qatar’s LNG facilities, Iran’s South Pars field, and infrastructure in Kuwait, Oman, and the UAE have taken roughly...
Brent‑WTI Spread Shifts Slowly; Short‑term Moves Are Noise
For those of you trying to figure out what's going on with the Brent-WTI spread. Let me point out an old gem that helps explain it. - Different delivery date windows - Different contract expiration dates - When things are volatile, individual...
Eastern Pacific Completes Second Bound4blue Wind Power Install
Eastern Pacific Shipping and bound4blue have finished their second eSails installation, fitting three 22‑metre wind‑propulsion sails on the new‑build MR tanker Pacific Sunstone in China. The first project, a retrofit on Pacific Sentinel, showed an 8% net power reduction and...
Terabase Automated Solar Construction Platform Is Ready for Its Full Market Debut
Terabase Energy announced the commercial launch of its automated solar construction platform, Terafab V2, following successful deployments on five pilot projects. The system combines AI, advanced robotics, and a Manufacturing Execution System to pre‑assemble modules on torque tubes, achieving two‑minute...
Energean, ExxonMobil, Helleniq Energy Explore Block Offshore Greece
Energean, ExxonMobil and Helleniq Energy have notified Greece’s hydrocarbons agency that they will move to the second phase of exploration in Block 2 of the Ionian Sea, marking the first offshore test drilling in the country in four decades. The joint...
Exxon Consortium for Guyana Floating Production Continues As Planned
Exxon Mobil’s Guyana consortium is close to completing the Errea Wittu FPSO, a floating production, storage and offloading vessel that will add up to 250,000 barrels per day from the Uaru field. The new unit follows the Yellowtail project, which now...
Higher Oil Prices Lead to More USA Production in EIA Forecast
The U.S. Energy Information Administration’s March Short‑Term Energy Outlook raised its 2027 crude oil production forecast by about 0.5 million barrels per day, citing higher West Texas Intermediate prices. The agency now expects average output of 13.61 million bpd in 2026 and...
Energy Market Overestimates Absorption Amid Modest Brent Rise
Fascinating to see where Brent and TTF are trading right now after the last 24 hours of attacks and counter attacks. Brent is up a mere 3%, and TTF is lower than at the peak on Tuesday March 3rd. The...
Rising Energy Costs Spur Savings Amid Global Supply Risks
For the energy-secure US, damaged infrastructure due to the War means higher prices. In some other countries, however, the challenge is twofold: higher costs and worries about genuine supply shortfalls in the months ahead. It’s encouraging a growing number of them to...
How to Turn a Price Shock Into Inflation
The European Commission has unveiled an emergency toolbox of subsidies, tax cuts, price caps, and relaxed aid rules to help member states, including Greece, cope with soaring energy costs. The package aims to shield households and businesses while easing the...
Winter Storms Underscore Data Center Threats to Grid Reliability, Affordability
Winter storms in January exposed how rapidly expanding data centers are straining the U.S. electric grid, especially in the PJM region where peak demand jumped 4,400 MW. The Union of Concerned Scientists warns that uncontrolled data‑center growth, combined with aging transmission...
Saipem FlatFish Underwater Drone Completes Petrobas Test Campaign
Saipem’s FlatFish underwater drone has successfully completed Functional Acceptance Tests for Petrobras, confirming its autonomous inspection capabilities. The tests, conducted in Saipem’s Trieste facility, demonstrated pipeline, structural, cathodic protection, and wall‑thickness assessments without human control. Petrobras has now approved the...
Nordex Expands Project Pipeline: Company Secures Two Orders From Prowind for Wind Projects in Germany
Nordex Group announced two new orders from German developer Prowind, delivering eight N175/6.X turbines totaling 54.4 MW. The contracts include a 20‑year full‑service agreement and specify 179‑meter hybrid towers for sites in Lower Saxony and North Rhine‑Westphalia. Construction is slated for...
New Relationship Pairs Renon Batteries with Solis Inverters
Renon Power USA announced a partnership with Ginlong Solis to bundle its Xcellent Plus and ECube batteries with Solis hybrid inverters. The Xcellent Plus will pair with 9.6‑ to 16‑kW residential inverters, while the ECube will match 30‑ to 60‑kW commercial units....
Fervo Energy Secures More Funding for Cape Station Geothermal Project
Fervo Energy has closed a $421 million non‑recourse debt package to fund the first phase of its Cape Station enhanced geothermal project in Utah. The financing includes a $309 million term loan, a $61 million tax‑credit bridge, and a $51 million letter of credit,...
Electric Sector Gas Use Fell 3% in 2025, Partly on Solar, Battery Rise: EIA
The U.S. Energy Information Administration reported that natural‑gas consumption by the electric‑power sector fell 3% in 2025, marking the first decline amid a record‑high overall gas usage year. Rapid additions of solar capacity and utility‑scale batteries displaced gas‑fired generation, especially...
Refinery Efficiency: Unique, Incremental Gains Over One‑Size Standards
Efficiency is considered a competitive advantage in all industries and is heavily invested in by the Oil and Gas Industry - especially in the refining and downstream sectors. Refinery engineers model and seek out incremental improvements constantly - there is...
The Iran War Tests Taiwan’s Energy Resilience
The US‑Israel war with Iran is disrupting Middle‑East oil and LNG shipments, exposing Taiwan’s heavy reliance on imported energy. Taiwan imports 95% of its energy, over 99% of oil and gas, and holds about 150 days of oil reserves but...
Constellation to Sell 4.4 GW of PJM Gas Power Assets to LS Power for $5B in Regulatory Divestiture
Constellation Energy agreed to sell five PJM gas‑fired plants totaling 4.4 GW to LS Power for about $5 billion, the largest divestiture required to clear antitrust concerns from its $26.6 billion acquisition of Calpine. The assets—Bethlehem, Hay Road, York 1, York 2 and Edge Moor—are priced at...
What's Happening with CANDU?
In this episode, host Chris interviews Joe Saint-Julian, President of Nuclear at Atkins Realis, to explore the current state and future prospects of Canada’s CANDU nuclear technology. Joe outlines Atkins Realis’s role as the OEM for CANDU, its recent contracts...
VP Meets Oil Lobby, Could Curb White House War Push
US Vice President Vance plus other senior officials are meeting with the American oil industry today (at the API hq, rather than at the White House). It would be ironic if the US oil lobby was the one which put...
Trump’s Oil Price Stunt Ignores Rising Fuel Costs
COLUMN: Trump has seemingly turned WTI oil into a referendum on his war against Iran: more than $100 👎; less than $100 👍 But WTI isn't what matters for America's Main Street: refined petroleum products do -- and prices are rising...
Is MSC Building a New Tanker Empire?
Mediterranean Shipping Company (MSC) has officially secured a 50% stake in Sinokor Maritime, confirming the speculation around Sinokor's aggressive VLCC acquisitions. The partnership, signed on February 2, 2026, is structured through MSC's Luxembourg entity SAS Shipping Agencies Services, with Sinokor...
Oil Shocks Vary: Some Brief, Others Enduring
The next chart shows the major oil shocks, including 1973, 1979, 1990, 2008, and 2022. Some were brief, others were not. 🧵 https://t.co/SHZJOMDkYG
US, Allies Push De‑Escalation as Iran Escalates; Hormuz Closed
The US and its allies are making a concerted effort to de-escalate the oil/gas war, having witnessed that Iran was willing -- and able -- to climb the escalation ladder very quickly. To be seen whether Tehran plays ball. Whatever the...
Baltic Power Completes Transition Piece Installation
Baltic Power announced the completion of installing all 76 transition pieces at its 1.2 GW offshore wind farm 23 km off Poland’s coast. The pieces, each up to 20 m tall and 350 tonnes, were fabricated in local Polish factories using domestically sourced steel....
US Skips Crude Export Ban, Eyes Refined Limits
*US WILL NOT IMPLEMENT CRUDE EXPORT BAN: POLITICO ... OK, so how about refined products? I've been saying up 'till now that they're going to be tempted to restrict trade, but that I thought they'd be more likely to restrict refined products...
Lagarde Urges Europe to Curb Energy Aid Spending
Lagarde warns Europe’s governments to keep a lid on energy aid https://t.co/SFxAtMDVPq via @CraigStirling @Dan_Hornak https://t.co/ywFE1sXGjw
Current Price of Oil as of March 19, 2026
On March 19, 2026, Brent crude rose to $113.71 per barrel, up $4.93 (4.5%) from the previous day and more than $42 above its level a year ago. The price has jumped over 60% in the past month, reflecting tightening...
Iran Conflict Threatens Global Energy Summit, 47‑Year Tension
Iran war looms over global energy summit @CERAWeek it's "been brewing for 47 years," says historian @DanielYergin, whose own career rose alongside energy geopolitics. https://t.co/MsWAVCPXhv via @axios
U.S. Inventories Rise 3.7 MMbbl; Crude up, Fuels Down
U.S. comparative inventory rose 3.7 mmb for the week ending March 13 Crude C.I. rose 4.5 mmb, gasoline fell 3.6 mmb and distillate fell 1.7 mmb #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket https://t.co/C0YGpBqbqu
PVFARM Seeks Beta Testers for New Solar Layout Software
PVFARM announced a beta test for its upcoming RE PILOT layout tool, slated to start in late April 2026. The software expands on PVFARM’s flagship platform by automating solar site layout evaluation, factoring in pitch distance, DC/AC ratios, and structural racking....
Fuel Prices: Retailers Gouging or Government Fault?
@mrmbrown and I talk about whether fuel retailers are price gouging, or is the government the villain here? https://t.co/IeuhUHsjut
Asian Demand Drives Premium Oil Bids, Not Manipulation
Why is everyone assuming CL manipulation and not just occam's razor that asian markets need oil and they cant access landlocked wti as easily and are all bidding up whatever is accessible even if at a significant premium
Defenders Reframe US Oil Strategy as China‑Flexing Signal
Trump-defending reply-guys shifting from "this is fine, Trump said this will wrap quick, stop being a panican" to "idiot, the US is the world's largest oil producer—this was obviously always the plan to flex on China and Europe" Not a great sign re:...
1973 Oil Embargo Spike Won’t Reoccur
This is hyperbolic bullshit. In 1973-1980 during the Arab oil embargo on the U.S and its allies, the price of crude oil spiked from $3.56 to $39.50. That was a 1000% increase in the price of crude oil. That is...
Trump Delays Gas Price Surge Until Hockey Season Ends
I do appreciate Trump waiting to send gas prices to the moon until after Hockey travel season ended
EEI Serves Shareholders, Not Ratepayers; FERC Must Act
The Edison Electric Institute works for utility shareholders, not utility ratepayers. That's why FERC should revive its dormant proceeding about utility trade association dues and ensure that utility shareholders pay for EEI, not the public.
Heavily‑shorted Oil Services Rally as Iran Concerns Ease
$RIG Daily. Heavily-shorted oil services play still consolidating well in uptrend. Market sorting out Iran issues, but Transocean remains in play for new leg higher https://t.co/EZ3IJqVcHW
Oil Prices Differ by Quality, Not Just Location
Three “oil prices” isn’t just geography—it’s quality + refinery demand. Oman (sour, heavier) = scarce barrels complex refineries need → blowout Brent = global seaborne benchmark → war risk premium WTI = light sweet, inland → discounted #OilMarkets #Crude #Energy #WTI #Brent #Oman
Iran Signals Temporary Halt to Energy Facility Attacks
Put the war-of-wards, and it reads as if the Iranians are on board on a tacit understanding that, for now, there won't be more attacks on energy infraestructure. We shall see if this hold. I would imagine it would do...
Iranian Attack Knocks 17% of QatarEnergy LNG Offline
QatarEnergy CEO says the Iranian attack overnight damaged ~17% of its LNG production capacity, and it would take 3-5 years to repair the damage. https://t.co/LWYkomhG8G
From Fringe Warnings to Mainstream Panic Post‑Covid
This is not like the pre-Covid period in terms of predicting instability. Back then it was just a few weirdos who thought there was something seriously wrong. Today it’s normie oil analysts who are panicking.
European Gas Prices Soar, Boosting US Nat Gas Asset Value
European gas is now >6x the price of US gas. US nat gas assets becoming more valuable by the day.
Germany Mulls Windfall Tax Amid Iran War‑driven Fuel Surge
Germany weighs windfall tax as Iran war drives fuel price surge https://t.co/9SNpQgvAXy via @KowalczeKamil https://t.co/YrOXXrSiVq
Net Export Status Doesn’t Ensure Energy
Turns out becoming a net exporter didn’t make us independent after all. The latest National Security Strategy may have jumped the gun on that. https://t.co/IvtXDoniM2
Iran Conflict Threatens Chip Makers' Middle East Fuel Supply
"Iran war could cause supply chain kinks: Taiwan and Korea, top chip producers, rely on the Middle East for nearly 70% of their crude oil imports, and 20-25% of LNG imports." - BofA on AI capex