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:
India Launches Tender for 1 GW Round-the-Clock Renewable Power
Solar Energy Corp. of India (SECI) has opened a tender for 1 GW of round‑the‑clock renewable power projects, mandating integrated energy‑storage systems. The projects will follow a build‑own‑operate (BOO) model and attract 25‑year power purchase agreements with Indian distribution companies. Bidders must submit a single offer covering 100 MW to 500 MW of capacity, and may combine solar, wind, or hybrid technologies. The scheme aims to deliver continuous, dispatchable green electricity across the national grid.
Meet the Drilling Entrepreneur Unlocking Geothermal Power for Google
Fervo Energy is commercialising enhanced geothermal systems that use horizontal drilling and rock fracturing to access heat reservoirs up to 12,000 feet deep. The startup has cut per‑foot drilling costs by more than 70 percent, reaching $400 per foot, and projects electricity...
Brutal Times for the US Battery Industry
The U.S. battery sector, once a hotbed of startups and lofty valuations, is now facing a wave of closures, highlighted by 24M Technologies’ liquidation after a peak valuation above $1 billion. 24M’s cost‑saving electrode‑on‑metal process and high‑energy‑density cells promised a 1,000‑mile...
New Simulation Platform Lets Energy Operators Train Against Realistic Cyberattacks
German Fraunhofer FKIE researchers unveiled PowerRange, a virtual cyber‑range that lets power‑grid operators test defenses against realistic attacks. The platform models both traditional centralized networks and renewable‑heavy, decentralized grids, integrating IT, OT and control‑room environments. It supports multi‑stage scenarios—reconnaissance, lateral...
Barcelona’s Delfos Energy Raises €3 Million to Build AI “Virtual Engineer” For the Energy Industry as It Charges up for...
Barcelona‑based Delfos Energy closed a €3 million seed extension, bringing its total funding to €10 million. The round, led by new investor Vox Capital/COPEL alongside existing backers, supports the company’s AI “virtual engineer” platform that now monitors over 1,000 renewable‑energy sites across...
Good Energy Won Solar Contracts From DESNZ when Its CEO’s Brother Was in Senior Role
The Department for Energy Security and Net Zero awarded more than £70,000 in solar‑panel contracts for schools to Amelio Enterprises, a firm owned by Good Energy. The deals were processed by Crown Commercial Services under the Great British Energy scheme,...
Exus Renewables to Provide Asset Management Services for Texas Solar Projects
Exus Renewables North America has secured a multi‑year agreement to manage 437 MW of utility‑scale solar assets in Texas for Nuveen Infrastructure, expanding its regional portfolio to over 3.3 GW. The contract covers technical oversight, financial performance tracking, and operational strategy for...
10% Oil Spike Adds 0.
“Our rules of thumb are that a sustained 10% increase in oil prices boosts headline and core PCE inflation by 0.2pp and 0.04pp, respectively, while lowering GDP growth by around 0.1pp. The growth impact from a temporary price increase that...
Eni Signs Up for 15-Year Biomethane Supply From France
Eni’s renewable arm Plenitude and Seya Group’s Methagora have signed a 15‑year agreement for the supply of 50 GWh of biomethane per year from French production. Methagora, which converts existing biogas sites into certified biomethane, has already delivered 35 GWh and plans...
Malaysia Will Keep Petrol Prices at RM1.99 Even as Global Oil Prices Surge: PM Anwar
Malaysia will keep the BUDI95 petrol price at RM 1.99 per litre despite a sharp rise in global oil prices triggered by the West Asia conflict. Prime Minister Anwar Ibrahim said the surge threatens transportation costs and overall price stability, but...
UK Government Removes Offshore Wind Energy Tariffs to Help Manufacturers Save Millions
The UK government will waive import duties on 33 wind‑farm components from 1 April, using an “authorised use” customs measure that eliminates tariffs on items such as cables, blades and rotors. Officials say the relief will save manufacturers millions of pounds...
Tesla Gets Energy Supply Licence
Tesla Energy Ventures Ltd has been granted a UK electricity supply licence by Ofgem after a seven‑month review, allowing the company to sell power directly to residential and commercial customers across Great Britain. The approval, effective March 2026, adds retail...
Illinois to Data Centers: Bring Your Own Renewables and Skip the Line
Illinois lawmakers have introduced the Protecting Our Water, Energy, and Ratepayers (POWER) Act, which would let data centers that procure their own clean power receive fast‑track grid interconnection and guaranteed service. The bill also obliges facilities to pay for transmission...
Draft Bill Would Let Utilities Own Nuclear Plants in Ohio
Ohio’s House Bill 15, which barred utilities from owning generation assets, is being revisited with a draft proposal that would permit utilities to build, own, and operate advanced nuclear facilities, including small modular reactors. The legislation, still in draft form,...
Eurozone Households Are First to Feel the Pain of the Current Oil Price Shock
Eurozone households are the first to feel the impact of the latest oil price shock as retail fuel prices surge across the region. A 50‑litre tank now costs €4.5‑€13 more for petrol and €8.4‑€21.5 more for diesel, with Germany seeing...
Middle East Crisis May Lead to Higher Electricity Prices in Singapore: Minister Tan See Leng
Singapore may face higher electricity tariffs as global oil and gas prices climb amid the US‑Iran conflict in the Middle East. The region accounts for roughly a quarter of seaborne oil and nearly one‑fifth of LNG trade, and any disruption...
Philippine Economy Faces ‘Serious’ Contraction From Gas Emissions Cuts—ADB
Asian Development Bank warns the Philippines could experience a serious GDP contraction as it pursues a 75% greenhouse‑gas emissions cut by 2030. The bank’s March 12 report cites high mitigation costs, price pressures and a lack of productivity measures, which...
Strategic Reserve Release Too Slow to Offset Deficit
Hate to be the bearer of bad news, but people should know: For the 400 million barrels of oil to be released from strategic reserves (announced today), the flow rate — the rate in which it can be released — is...
To What Extent Did High-Temperature De-Rating Contribute to Large Under-Performance Across Semi-Scheduled Wind Fleet on Tuesday 27th January 2026?
On Tuesday 27 January 2026, semi‑scheduled wind farms in South Australia and Victoria under‑performed, creating large positive Dispatch Errors that strained system frequency. Temperature spikes in SA and a later cool‑change in VIC closely tracked the three identified error blocks, indicating high‑temperature...
Egypt Raises Gas Prices by 30% Amid Iran War
Egypt’s Petroleum & Mineral Resources Ministry raised vehicle natural gas prices by 30% to E£13 per cubic metre, with diesel up 17% and 95‑octane petrol up 14.2%, effective 10 March. The hikes follow the US‑Israel strike on Iran, which has sent...
Delays Expected to $3.3bn Kuwait Gas Project Due to Iran War
Kuwait Gulf Oil Company’s $3.3 billion on‑shore gas processing plant, slated to be tendered in late March, faces significant delays after the United States and Israel launched attacks on Iran. The project, designed to handle 632 million cubic feet of gas and...
India Prioritizes LPG for Homes, Hospitals, Schools Over Restaurants
Government Prioritization: To protect households, the Indian government has prioritized LPG supply for domestic consumers, hospitals, and educational institutions, leaving commercial users (restaurants) in a lurch.
Fuel Standards Amended to Ease Squeeze in Regions: Bowen
The Australian government announced a 60‑day temporary amendment to fuel quality standards, permitting higher sulfur content to unlock roughly 100 million litres of petrol each month. This measure addresses regional fuel shortages triggered by Middle East supply constraints after the Strait...
Iran Continues Massive Oil Shipments to China via Hormuz
🚨Iran is still pushing oil through the Strait of Hormuz: At least 11.7 million barrels of Iranian crude have passed through the strait since February 28, all headed to China. Many tankers have "gone dark," switching off their GPS tracking systems...👇 https://globalmarketsinvestor.beehiiv.com/p/the-iea-has-proposed-the-largest-emergency-oil-release-from-strategic-reserves-in-history
Yen Weakens to 159 per Dollar as Oil Prices Surge Despite Reserve Release
The Japanese yen slipped to roughly 159 per dollar on Thursday, its weakest level since mid‑January, as oil prices surged past $100 a barrel. Despite a recent release of foreign‑exchange reserves aimed at supporting the currency, the yen continued to...
BlackRock, L&G and UBS Among 60 ESG Funds Holding BP Despite Pivot
A recent analysis identified roughly 60 ESG‑focused funds that continue to hold shares in BP, despite the oil major’s public commitment to a net‑zero emissions pathway. Among the largest custodians are BlackRock, Legal & General and UBS, which together represent...
Oil Rebounds to $100, Heralding Broader Economic Shock
Oil price back to $100. Even though the EIA said member countries will release 400m barrels of oil. At this rate…this is just the beginning the oil shock will send to the economy, supply chain and consumer price.
China Largely Insulated From Global Energy Price Shocks
China’s economy is largely insulated from the recent global energy price spikes triggered by Middle East tensions. Although oil and gas import bills will rise, long‑term contracts, domestic coal dominance, and sizable strategic reserves limit cost pass‑through. The country’s low...
Only Hormuz Reopening Can Avert Global Oil Crisis
Trump has a few days to finish the war before oil finishes him, says @JavierBlas That's wrong. This was finished on March 1 when tankers stopped moving through the Hormuz Strait. Trump has a few days to find a way to get...
Oil Crash Exposes Trump's Premature Victory Claims
Oil is the lifeblood of the global economy, and it just had a heart attack. What does the buffoon-in-chief say? "We won. We won. We won the bet in the first hour. It was over. But we won." I agree with him that...
Inside GAMCO, Nigeria’s Plan to Revive Idle Power Plants Into Electricity
Nigeria is launching Grid Asset Management Company Limited (GAMCO) to revive idle power plants and upgrade transmission, aiming to add up to 1,600 MW of electricity within two years. The pilot focuses on the Benin‑Lagos corridor, targeting three gas‑fired plants with...
IEA Warns War Could Cause Unprecedented Oil Disruption
The IEA says the war in turning into the biggest oil disruption in world history https://t.co/UJZqGyrhUP
Renewables Can Replace LNG Faster than EVs Replace Oil
What are the consequences for energy markets and the transition of a potential long disruption to the Strait of Hormuz? TLDR: It’s a *lot* easier to replace 20% of LNG (15% of natgas supply) with wind and solar than it...
The Ingredients Are All There, so What’s Holding the Energy Transition Back?
Australia’s energy transition appears ready—renewables are mature, capital is flowing, and targets are set—but large‑scale industrial decarbonisation stalls. The core issue is a coordination gap: stakeholders operate in silos, preventing a clear view of how transmission, renewable supply, ports, and...
Developers Can Still Apply to Expand Sierra
Private sector developers still have time to apply to the Salone Off-Grid Renewable Energy Acceleration (SOGREA) initiative & expand #minigrids in Sierra Leone. This is your opportunity to bring #cleanenergy to rural communities across #SierraLeone. https://t.co/L7hHvfJL6X https://t.co/gUvk2zDlt0
Europe Repeats 2022 Energy Tactics Amid Fossil Dependence
Energy policy déjà vu in Europe. Oil reserve release. Gas price cap debate. State aid on the table. The toolkit looks like 2022 because fossil fuel dependence remains. Renewables and electrification reduce exposure. Crisis management does not. https://t.co/PhWMbn21b8
Burning Plastic Isn’t Renewable: Rethinking Waste & Power In Hawaii
The H‑POWER waste‑to‑energy plant on Oʻahu generates about 340 GWh annually, roughly 4‑5% of the island’s electricity, but emits ~0.88 tCO₂e per MWh—comparable to coal. Its feedstock is 14% plastic and up to 30% recyclable material, creating significant fossil‑carbon emissions. Solar PV...
Goldman Predicts Brent Spikes to $98, Then Drops to $71
Goldman > Our commodity strategists now expect Brent to average $98 in March and April—up 40% from the 2025 average—before falling back to $71 by 2026Q4.
Iran Ramps up Energy Attacks as Oil Stays Sub‑$100
Overnight Iran reacted to the IEA's oil release intensifying its attacks on regional energy targets, including two small-sized fuel tankers in Iraq. Tehran knows oil is what could force President Trump to end the war early. Still, both Brent and...
FINANCIALS: Black & Blue Owl
The International Energy Agency (IEA) has launched a historic 400 million‑barrel emergency oil release, the largest in its 52‑year history, after the Strait of Hormuz closure removed roughly 20 million barrels per day from global supply. Brent crude rose $6.50 to $98.68,...
Oil Reserve Release Merely Patches Deep Supply Shock
>> Historic oil reserve release is only a band-aid on a gaping supply shock https://t.co/C6DC07LD19 @ronbousso1
Six Merchant Ships Attacked in Gulf Amid War
Six vessels attacked in Gulf, Strait of Hormuz as war puts merchant ships on front lines https://t.co/pAYt6WBG5O
Trump Releases 172 Million Barrels From Strategic Reserve
Given the Trump' Administration decision to release 172 mb form the SPR, this is a must watch (from November 2022)
China Escalates to Immediate Refined Fuel Export Ban
China has just ordered an immediate ban on refined fuel exports in March to manage any potential domestic fuel shortages. A week ago they asked refiners nicely and just targeted new contracts, so this is a step up
China Launches World's Largest 600 MW CAES Storage Plant
China’s 600 MW/2.4 GWh storage plant becomes world’s largest CAES site #energysky -- via pv magazine global: https://t.co/MnPFRY954k
EU Secures Record 25.2GW Solar Capacity for 2025
EU awards record 25.2GW of new solar PV capacity through government auctions in 2025 #energysky -- via pv-tech: https://t.co/yliV4mMqd6
Quarter‑billion Barrels Lost From Hormuz Shutdown
We've already lost roughly a quarter *billion* barrels in cumulative oil supply thus far in the Strait of Hormuz stoppage.
Oil Price Spikes Topple Presidents, a Universal Threat
A surging oil price arguably ended the presidencies of all of Nixon, Carter, GHWB, and Biden — it’s maybe the one thing every President should be paranoid about.
Markets Brace for Extended Oil Shortage Despite IEA Release
The IEA just released 400 million barrels to cover a 20-day shortage. Oil markets are pricing in something longer. Private credit funds are starting to gate withdrawals. 🔒 Members-Only https://t.co/G7C0qy6noj
Hormuz Closure Cripples Oil Markets Amid Ongoing Crisis
hardly the "win" to boast of when the Strait of Hormuz remains closed, oil markets and everything downstream plus several other key commodities are buckling under extreme strain, the Mideast is on fire, and there is no end in sight...