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:
NESI Technology Powers New Low-Carbon Lithium Plant in Germany
Vulcan Energy Resources has begun building a low‑carbon lithium plant in Frankfurt using NORAM Electrolysis Systems Inc. (NESI) proprietary NORSCAND technology. The project is backed by a €2.2 billion (~$2.4 billion) funding package and targets 24,000 tonnes of lithium hydroxide per year—enough for roughly 500,000 electric vehicles. The plant will convert raw materials into battery‑grade lithium with minimal emissions, and commercial output is slated for late 2028.
Europe Allocates €3 Bn to Critical‑Mineral Financing, Plans Strategic Stockpiles
The European Union announced up to €3 billion ($3.2 bn) in financing through its ReSourceEU programme and is advancing plans for strategic mineral stockpiles. The moves aim to bridge a financing shortfall that industry estimates place at tens of billions of euros...
ABB Commits $200 Million to Expand Medium‑Voltage Production Across Europe
ABB announced a $200 million, three‑year investment program to expand medium‑voltage manufacturing capacity across Europe, highlighted by a $100 million new facility in Dalmine, Italy. The rollout targets Italy, Bulgaria, Finland, Germany, Norway and Poland, aiming to meet rising demand from utilities,...
Florida Enacts First AI Data‑Center Energy Law to Shield Ratepayers
Governor Ron DeSantis signed SB 484 into law, requiring large AI‑focused data centers to bear the full cost of electricity and related grid upgrades, preventing Florida utility customers from subsidizing these high‑energy facilities. The measure also gives local governments new...
Asia’s Energy Buffers Strain as Iran War Triggers $299 Billion Losses
Asia’s first‑line energy reserves are running dry as the Iran‑U.S. war keeps the Strait of Hormuz closed, driving Brent crude to $120 a barrel and slashing global urea supplies by 30%. The United Nations estimates $299 bn in economic damage and...
SEIA Names Former Minnesota Governor Tim Pawlenty as President and CEO
The Solar Energy Industries Association (SEIA) announced former Minnesota Governor Tim Pawlenty as its new president and CEO, effective June 15, succeeding interim leader Darren Van’t Hof. Pawlenty brings experience in state governance, a $50 billion budget, and federal financial‑services advocacy....
Calif. Fire Crews, Coast Guard Evacuate Workers as Fire Erupts on Offshore Oil Platform
A fire erupted on Platform Habitat, an offshore oil rig about nine miles off Carpinteria, California, on May 11, 2026. All 26 workers aboard were evacuated safely, though two sustained minor injuries. The U.S. Coast Guard, aided by Ventura and Santa Barbara...
Daily Energy Report
India’s strategic petroleum reserves (SPR) are being drawn down faster, causing a noticeable dip in the country’s crude oil inventories. Prime Minister Narendra Modi urged citizens to curb fuel use amid a Hormuz‑driven global price surge, framing the call as...
FirstEnergy’s Three-Year Rate Plan in Ohio Seeks to Support Upgrades, Reliability Efforts
FirstEnergy’s Ohio electric utilities will file a three‑year rate plan (TYRP) with the Public Utilities Commission of Ohio by May 22, following the enactment of House Bill 15. The forward‑looking plan earmarks roughly $800 million annually for system upgrades and $83 million for expanded...
The Hormuz Crisis and China’s Energy Security Dilemma
The escalation of the Israel‑U.S. conflict with Iran has disrupted traffic through the Strait of Hormuz, turning a long‑standing strategic risk into an immediate constraint on China’s oil supply. China imports roughly 4 billion barrels of crude each year, with about...
Case to Replace Puerto Rico Electrical Distributor Remanded to Local Court
A U.S. district judge remanded a lawsuit seeking to replace LUMA Energy back to Puerto Rico's local court, marking a victory for Governor Jenniffer Gonzalez Colon and a setback for the island's Oversight Board. The ruling allows the governor to file motions...
Ford Formally Launches Grid-Scale Battery Business Ford Energy
Ford formally launched its new subsidiary, Ford Energy, to sell grid‑scale battery energy storage systems in the United States. The unit will produce at least 20 GWh of BESS each year, targeting data centers, utilities and large commercial‑industrial customers, with first...
Offshore Wind Avoids Fire and Oil Spill Hazards
You know what offshore wind farms don't do? Catch on FIRE 🔥 — or spill millions of gallons of oil 🤦♂️ https://www.latimes.com/california/story/2026-05-11/oil-platform-fire-california
ONGC Mulls New ₹200 Cr Fund To Back Energy & AI Startups
India's state‑run Oil and Natural Gas Corporation (ONGG) announced a new ₹200 Cr (approximately $20 million) alternative investment fund focused on energy‑related and AI/ML startups. The fund will be managed by two contract advisors hired for a 12‑month term, with a possible...
Community Trust Powers Energy Growth in the United States
Duke Energy announced a $103 billion regulated capital investment plan spanning the next five years to meet soaring electricity demand driven by a manufacturing resurgence, AI adoption, and rapid population growth in the Southeast and Midwest. The utility stresses that speed...
Crude Oil Soars As U.S.-Iran Peace Deal Remains Elusive
Crude oil prices jumped on Monday, with WTI June futures climbing to $98.75 a barrel, a 3.5% gain, after the United States rejected Iran’s proposal to end hostilities. The rejection keeps the strategic Strait of Hormuz closed, heightening supply‑risk concerns...
Bigger Natural Gas Storage Build Ahead, but Gap to Last Year Continues to Close
Natural Gas Intelligence estimates an 86 Bcf injection for the week ending May 8, matching the five‑year average and narrowing the annual surplus to 52 Bcf, down from 75 Bcf a year earlier. The injection marks a 23 Bcf week‑over‑week rise and supports higher forward...
Beyond Hormuz: Global Energy Chokepoints at Risk
Strait of Hormuz Just One of Many Vulnerable Global Energy Chokepoints Abishur "Mr Geopolitics" Prakash discusses which other oil/LNG chokepoints in the world might be blockaded next. #cdnpoli https://youtu.be/zK6jI-whBkY
Petroperu to Seek $2 Billion Lifeline in State-Backed Loans
Peru’s state‑owned oil firm Petroperu has been authorized to secure up to $2 billion in private, state‑backed loans to stave off a liquidity crunch. The company is burdened with roughly $8 billion in debt, half of which is due in the short...
US Wind Growth Steadies as China Soars 23%
The good news so far about wind, despite U.S. federal efforts to squash it, is that the wind installation growth rate from 2024 to 2025 (4.0%) was slightly higher than from 2023 to 2024 (3.5%) and only slightly lower than...
Why June Is the Oil Market’s Point of No Return
The U.S.-Iran conflict has effectively shut the Strait of Hormuz, cutting roughly 14.5 million barrels per day of Middle‑East crude and driving global oil inventories down at a record 11‑12 million barrels daily. JP Morgan warns that only 800 million barrels of the 8.4 billion‑barrel...
Permian Natural Gas Prices Surpass 2025’s Negative Run
Permian Basin natural gas prices are on track to spend a record number of days in negative territory in 2026, with the Waha hub already posting 118 negative‑price flow days. Excess production has forced shut‑ins exceeding 620 MMcf/d, highlighting a severe...
California's Renewables Surpass Fossil Fuels, Meet 100% Demand
WindWaterSolar steamrolling fossil fuels in California. 40 straight days and 106 of 130 (81.5%) in 2026 with WWS meeting >100% of demand for an average of 4.5 h/day among all 130 days. Fossil gas down 61.1%, batteries up 328%, solar up 61%,...
Fast Power for a Constrained Grid: Wet Compression Applications in Gas Turbines
AI-driven data‑center construction is surging, with $3.2 trillion of projects worldwide and U.S. demand projected to top 90 GW by 2030. New power plants cannot be built fast enough, prompting operators to retrofit existing gas turbines with wet‑compression and evaporative fogging. The...
As Coal Rebounds, More Toxic Mercury Is in the Air
Coal‑fired power plants in the United States saw a 9% rise in mercury emissions in 2025, topping 4,800 pounds and ending a multi‑year decline. The increase coincides with a surge in electricity demand and a suite of Trump administration actions that...
Real Gasoline Prices Are (Relatively) Low; Gas Prices Are Rising Sharply
Real gasoline prices are low in inflation‑adjusted terms, yet they have surged sharply, rising about 23% from February to April 2024. This jump exceeds the month‑on‑month growth seen after the 2022 Russian‑invasion price spike and the pre‑Great Recession surge. Retail...
Trump's Iran Missteps Threaten Global Energy Stability
Trump’s Iran Quagmire Disrupting Global Energy Stability Donald Trump is the worst president in the history of the United States. His mishandling of the Strait of Hormuz debacle is just one data point, says @UofT Prof Jack Cunningham #cdnpoli #uspoli https://youtu.be/cU5OzPfjVAI
China's EV Exports Outpace Gasoline for First Time
China shipped more electric than gasoline cars worldwide for the first time ever in April 52.7% of 769,000 cars exported were EVs, doubling EV exports from last April. More EVs because they save consumers $20,000-$40,000 in fuel costs if driving 15 y/15,000...
These Solar Modules Mimic Tile, Other Building Material
Fraunhofer Institute for Solar Energy Systems has unveiled a light‑sensitive film that can be laser‑etched onto photovoltaic modules, allowing them to mimic tiles, masonry or other building materials. The photonic film creates angle‑stable colors through micro‑structures, similar to Morpho butterfly...
Japan's SPR Draw Outpaces US at 1.5 MMbpd
Between the end of March and beginning of May, Japan drew down crude stocks—mostly its SPR—at a rate of ~1.5 million barrels per day. Japan's SPR releases started much more quickly than the US' and that 1.5 MMbpd *average* draw rate...
Is France’s Post‑COVID Surge Powered by Its Nukes?
But I find myself wondering to what degree is France’s post Covid outperformance down to its nukes?
Indian Oil Marketers Flag Strait of Hormuz Disruption as Top Boardroom Risk Amid $105 Brent Spike
India’s state‑run oil marketing companies disclosed under‑recoveries of roughly ₹1 lakh crore ($1.2 bn) after Brent crude surged to $105 a barrel, prompting senior executives to elevate Strait of Hormuz disruptions to a primary risk‑management focus. The move underscores a broader shift toward...
Markets Rally as Iran Peace Hopes Fade
JUST IN: Oil, stocks, VIX, and yields rise as hopes for an Iran peace deal plunge.
Br
#BrentOil Comp Doji Candle and been in z Sideways Range 6 weeks ish. Resistance $115.1. Support $100, $96.1, $86.1. RSI 56 near Neutral. 13/21 day EMAs Bullish. Top Bollinger Band $116. Midpoint Line $107.1. Bottom Band $98.
Australian East‑Coast Corridors See Surge in Battery‑Electric Truck Deployments
Centurion’s $36 million off‑grid charging hub in Perth and Janus Electric’s fleet‑wide electrification push have accelerated battery‑electric truck deployments along Australia’s east‑coast corridors. The moves signal a rapid shift toward zero‑emission heavy freight in a market traditionally dominated by diesel.
India, EU Inventories, and China Refineries Drive Oil Market
The Oil Market’s Hidden Stories: India, EU Oil Inventories, and China’s Refineries Daily Energy Report https://t.co/nprzgQ2K3f
OPEC Output Drops to Record Low Amid Hormuz Disruption
JUST IN: OPEC oil output hits a new low in April due to Hormuz export disruption.
Energy Realities Round Table Discussion - Critical Energy Issues
In this episode of the Energy Realities Podcast, hosts David Blackman, Dr. Tammy Nimeth, and guest Stu Turley discuss the escalating geopolitical tensions surrounding Iran’s oil infrastructure, the impact of U.S. policy on oil prices, and the broader implications for...
Market Soars Amid Hormuz Tensions, AI Offers Explanation
Austin: Iran's neighbors are not cool with them having sovereignty over the Strait of Hormuz, so this conflict will not be resolved for a while ... and yet the market is ripping anyway. 🚀 Ram: This entire market can be explained by...
US Spots China's Oil Weakness, Trump Leverages It
Chris Perkins on Iran: The US has identified a vulnerability with China -- in terms of oil. Trump is feeling like he has some leverage and is bringing American businessmen and women to get deals done. https://t.co/74yrKrKmOJ
California Gas Prices Poised to Climb Past $6 per Gallon
Think $6 Gas Is Bad? It’s About to Get Even Worse in California https://t.co/9uG3o8qsPg “Democracy is the theory that the common people know what they want and deserve to get it good and hard.” ― H.L. Mencken
Ford Launches Grid-Scale Battery Business, Ford Energy
Ford formally launches grid-scale battery business Ford Energy #energysky -- via Solar Power World: https://t.co/ODQBY8S1fR
US Transformer Shortages Push Lead Times to Four Years
U.S. transformer market faces severe supply constraints as lead times extend to four years #energysky -- via pv magazine usa: https://t.co/FIwhA7Z3bJ
Last Middle Eastern Oil Arrives as Drivers Face Record Prices
JUST IN: A supertanker in Long Beach delivered California's final incoming shipment of Middle Eastern oil, a milestone as drivers pay the nation's highest fuel prices.
Trump Proposes Gas Tax Suspension to Ease War‑driven Prices
Trump wants suspension of fed gas tax. To give consumers from high gas prices with his Iran war.
U.S. Crude Futures Rise to $98.07, Up 2.8%
JUST IN: U.S. Crude Oil Futures settled at $98.07 per barrel, up $2.65 or 2.78 percent.
China Launches Portable Foldable Solar Power Stations
China Deploys Foldable Solar Power Station for Instant Energy Anywhere by @volcaholic1 #Sustainability #RenewableEnergy #CleanEnergy https://t.co/LDunS4hBvm
OVX Double VIX Highlights Oil’s War‑Driven Fragility
OVX remains roughly 2x VIX during the Iran war Oil markets are pricing persistent physical disruption and systemic fragility. Equity markets are pricing containment, liquidity, and normalization. #OilMarkets #OVX #VIX #IranWar #Energy #Geopolitics #Macro #SystemicRisk https://t.co/P1HxZdHFGn
Second LNG Tanker Aborts Strait of Hormuz Transit
Oh no — the second LNG tanker has just made a U-turn. It appears to be reversing course and abandoning its transit through the Strait of Hormuz. #Qatar #LNG #Pakistan https://t.co/u95Ojc3E7N
One Power Station Deal Outshines the Rest
I've found 7 power station offers from Bluetti, Jackery, EcoFlow and Anker, but one deal really stands out. https://t.co/o0RcHCNTqf