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:
The $120 Oil Spike Was Typical 'Peak Panic' Marking a Top, Says Bank of America
Bank of America’s technical strategist Paul Ciana labeled Monday’s $120‑per‑barrel Brent surge as a "peak panic" episode that likely marks a short‑term price ceiling. He projects Brent to consolidate between $90 and $110 in the medium term, while acknowledging that headline‑driven volatility and tail‑risk could keep prices elevated. Ciana also warned of upside potential to $134‑$150 if another surge occurs, and downside risk if Brent slips below its prior high of $81.40. The firm recommends investors steer clear of new long positions in the S&P Energy sector and Exxon Mobil for now.
How a Grassroots UK Campaign Sparked a Multi-Billion-Dollar Exit From Public Fossil Fuel Finance
A UK grassroots campaign targeting the export credit agency sparked the Clean Energy Transition Partnership (CETP). Formalised at COP26, the CETP now includes 34 governments and five finance institutions and has driven a 78% drop in public fossil‑fuel financing among...
Nova Scotia Shoots for a Renewable Grid by 2030
Nova Scotia has pledged to source 80% of its electricity from renewables by 2030, driving a massive build‑out of wind and solar capacity. The province will retire its remaining coal plants while keeping gas turbines operational to provide rotating inertia,...
Hizenergy Launches Four-Product C&I Storage Lineup with 300 kW PCS
Hizenergy has unveiled a four‑product commercial‑and‑industrial (C&I) energy storage portfolio, highlighted by a 300 kW low‑voltage PCS that plugs directly into 400 V distribution networks. The lineup also includes a 460 kW PCS and two storage systems delivering 627 kWh and 1,172 kWh respectively. By...
Argentina Launches 700MW/2,800MWh BESS Tender
Argentina’s wholesale‑market operator CAMMESA announced a new battery energy storage system (BESS) tender seeking 700 MW of capacity, equivalent to 2.8 GWh of four‑hour storage. The auction opens nationwide, covering key nodes in NOA, NEA, Centro, Litoral, Cuyo and Buenos Aires (excluding the...
New Coalition Forms to Address US Electricity Demand and Grid Underutilization
A new nonpartisan coalition called Utilise has been launched to improve the utilization of the United States electricity grid, which on average runs at only about 53 % of its capacity. The coalition’s founding members—among them Google, Tesla, Carrier, and Span—aim...
The $210 Million Carbon Arbitrage: Why Every Serious AI Data Center Is Being Built in Texas
VoltaGrid has installed 210 Jenbacher J624 reciprocating engines in Shackelford County, Texas, delivering 700 MW of natural‑gas power for OpenAI and Oracle’s Project Frontier, a behind‑the‑meter micro‑grid that avoids ERCOT’s grid. Because Texas regulators approve the air permit through emissions registration...
Hormuz Closure Would Cost Gulf States Average 3.8% of GDP, Marex Warns as Bahrain Most Exposed
Marex warns that a three‑month shutdown of the Strait of Hormuz would erode the average current‑account balance of Gulf states by 3.8% of GDP. Bahrain, lacking alternative export routes, would see its surplus flip to a 3.2% deficit, while Saudi...
How to Profit From Oil's Decline After Its Historic Spike
Oil prices surged to historic highs amid Iran‑related tensions, prompting trader Nishant Pant to propose a bearish play on the United States Oil Fund (USO). Pant recommends a $1‑wide at‑the‑money bear put spread with a 35‑50 day expiration to capture...
Exxon Commits to Indonesia's Largest Oil Field
Exxon Mobil’s operating contract for Indonesia’s Cepu Block has been extended through 2055, securing the country’s largest oil field for another three decades. The extension comes amid ongoing talks over fiscal terms, but the core agreement ensures continued production and investment....
LNG Shipping Rates Surge 600% as Hormuz Risk Reshapes Global Gas Flows
Geopolitical tension in the Strait of Hormuz has triggered a dramatic spike in spot LNG charter rates, soaring 600% to about $300,000 per day, the highest since the 2022 gas crisis. Analysts estimate a potential 20% reduction in global LNG...
Surging Oil Prices Could Wipe Out Benefits From Trump's 'Big Beautiful Bill'
Rising crude prices, now over $20 a barrel above pre‑war levels, are poised to erase the fiscal boost from President Trump’s individual tax cuts in the so‑called “big beautiful bill.” Raymond James estimates that the $150 billion extra gasoline spend could offset...
EU Eyes Nuclear Energy Again as Oil Prices Soar
EU Commission President Ursula von der Leyen warned that Europe’s abandonment of nuclear power was a strategic mistake as oil prices surged amid Middle‑East tensions. At a Paris nuclear summit the EU announced a €200 million guarantee to fund innovative nuclear...
LCP Delta: Grid Reforms Cut Constraint Costs
LCP Delta’s new modelling indicates that operational reforms under the UK’s Reformed National Pricing Delivery Plan could slash electricity network constraint costs by up to 60%, bringing the 2030 figure down to £2.3 bn – a £3.8 bn saving versus the baseline. Accelerated...
In Conversation With: Sunsave’s Alick Dru
Sunsave, a fast‑growing UK energy‑tech startup, raised £113 million to launch a subscription‑based solar service that eliminates the typical £10,000 upfront cost. While only about 6% of UK homes have solar panels, roughly 70% say they would consider installation, highlighting a...
Envision Installs 8MW Turbine in Philippines
Envision Energy installed its first 8 MW turbine on Alabat Island, marking the largest wind turbine it has delivered internationally. The turbine, part of the 64 MW Alabat Wind Power Project, features a 182‑metre rotor, 105‑metre hub height and anti‑typhoon technology. Developed...
Vestas Secures 1.4GW Vanguard East Order with RWE
Vestas has landed a firm 1.38 GW contract to supply 92 V236‑15.0 MW turbines for RWE’s Vanguard East offshore wind farm off Norfolk. The deal includes delivery, commissioning and a five‑year service package, followed by long‑term operational support. Vanguard East follows a...
Drone Strike Sparks Fire at ADNOC’s Ruwais Industrial Complex
Abu Dhabi’s state oil company ADNOC shut its Ruwais refinery after a fire broke out following a drone strike on the complex. The facility, which can process up to 922,000 barrels of oil per day and hosts major chemical, fertilizer...
Turning Farms Into Jet Fuel Factories Won’t Fix Aviation Emissions
The aviation sector is betting on sustainable aviation fuel (SAF) to cut emissions, but crop‑based SAF may negate carbon gains due to indirect land‑use change and water use. Waste‑oil SAF offers high reductions but lacks scalability, while corn, soy and...
NERC Overstates Reliability Risks in Long-Term Assessment: Grid Strategies
Grid Strategies contends that NERC’s 2025 Long‑Term Reliability Assessment exaggerates U.S. grid risks by inflating demand forecasts, especially the 90 GW data‑center load projected for 2030. The consulting firm argues the LTRA underestimates supply, ignoring projects in interconnection queues and non‑firm...
IPP Econergy’s Head of Energy Storage Talks Pipeline, Financing, Germany, Procurement and Pricing
IPP Econergy’s head of energy storage outlined an ambitious pipeline of projects aimed at delivering roughly €2 bn of storage capacity by 2028. The company secured about €500 m in financing from European green banks to fund the rollout. In Germany, Econergy...
Europe’s Nuclear Cut Deemed Strategic Mistake, Admits Politician
Forward the video to 1.40: “… While in 1990, one third of Europe's electricity came from nuclear, today it's only close to 15%. This reduction in the share of nuclear was a choice. And in hindsight, it was a strategic mistake…” Good to...
Stay Cautious: Watch Oil at $100, Trust Trump Trade
Oil reversal. Stocks mixed. Gold up slightly. Dollar easing. Know what that means? Nobody knows what to believe right now Iran is hitting back, geopolitics are getting worse, but Trump says there's an off-ramp and the war ends soon Mixed signals everywhere....
Strata Clean Energy Signs 1-GW FTC Solar Tracker Supply Agreement
FTC Solar has inked a five‑year, 1‑GW supply agreement with U.S. developer Strata Clean Energy, extending a prior 500‑MW deal that began in September 2024. The contract will see the first new project break ground in 2027 and includes delivery...
Scots Still Support Windfall Tax
A new Survation poll of over 2,000 Scottish adults shows 41% support for the Energy Profit Levy, while only 19% oppose it. Backing cuts across party lines, with Liberal Democrat voters at 59% and Labour at 54%, and even 37%...
Base Power Launches 100MW VPP Programme in Texas
Base Power announced a 100 MW virtual power plant (VPP) programme with Denton County Electric Cooperative (CoServ) in North Texas, its largest deal to date. The initiative will install interconnected residential battery‑energy‑storage systems (BESS) that provide dispatchable capacity during peak demand...
West Asia Conflict Disrupts Gas Supply to Maharashtra Industry; MNGL Invokes Force Majeure
Escalating conflict in West Asia has halted LNG vessels through the Strait of Hormuz, prompting Maharashtra Natural Gas Ltd. (MNGL) to invoke a force majeure clause. The disruption is forcing industrial consumers in Maharashtra to curb gas draw‑downs and seek...
‘Scale Is How You Win’: Macquarie’s Ed Northam on Green Investing
Macquarie Asset Management’s global head of green investments, Ed Northam, emphasized that scale is the decisive factor in winning the green‑investment race. He highlighted abundant opportunities in U.S. renewable power despite a slowdown in project delivery timelines. Northam noted that...
SRM Institute of Science and Tech Licenses Its Cell Encapsulation Technology to Anabond
SRM Institute of Science and Technology has licensed its five‑year‑developed cell‑encapsulant technology to industrial adhesive maker Anabond Ltd. The agreement provides SRMIST with an upfront ₹1 crore and royalties for seven years, while the encapsulant promises up to a 50 percent increase...
Netherlands Hits Record Electricity Production and Exports in 2025
The Netherlands set a new electricity production record in 2025, generating 132 billion kWh – a 10% increase over 2024. Renewables accounted for 49% of output, driven by a 17% jump in solar generation and the first full year of offshore wind...
Drone Hits Look Catastrophic, but Refinery Operations Persist
Exercise caution when drawing conclusions from reports of such incidents. Oil refineries are typically massive industrial complexes spread across vast areas. Drone strikes usually target specific components—like storage depots, processing units, or tanks—rather than the entire facility. An attack on one...
Strait of Hormuz Disruption Threatens 20% of Global Oil Flow
🎙️ I was thrilled to rejoin @TheStalwart and @tracyalloway on the Odd Lots podcast to discuss the historic and ongoing disruption of traffic through the Strait of Hormuz, through which ~20% of the world's oil flows. This is it. This is...
Enduring Storage Deficits in Key Regions Could Further Bolster Natural Gas Forward Prices
Natural gas inventories in major consuming regions ended February in significant deficits despite robust production and near‑normal overall storage. The East is 17% below its seasonal average, the Midwest 16% short, and the South Central also lagging. These regional shortfalls...
Nasser's Point Is Valid; Aramco‑embargo Link Irrelevant
Nasser isn't spreading hyperbole. He's correct about what's happening. But, the assertion that this is notable because Aramco was the nexus of the 1970s oil embargo is...not relevant.
Oil Call Options Show Limited Upside Beyond $120
🚨 Call options on oil DO NOT indicate significant interest above $120/barrel. signals optimism oil-price rise may be contained. https://t.co/nlL7YR1ZsA
Oil Sinks, Asian Markets Rally, as Trump Says War Will End ‘Soon’
President Donald Trump’s claim that the U.S.–Israel‑Iran war will end soon helped reverse a sharp oil rally, pulling Brent crude down more than 7% to around $92 a barrel. Iran vowed to halt all Gulf oil exports, while attacks on...
Market Easing on Trump Prolongs Strait of Hormuz Crisis
This isn’t over and the current market reaction, by reducing pressure on Trump, is only elongating the duration of the crisis and the physical disruption through the Strait of Hormuz. https://t.co/bMeee4CJjz
IEA to Decide Coordinated Emergency Oil Release Today
🚨The International Energy Agency is convening member governments later today to decide whether to conduct a coordinated release from members' emergency oil stockpiles. #energy #OOTT #IranWar
New Proteins, Biomanufacturing & Green Energy: China Charts Path to 2030 in 15th Five-Year Plan
China’s draft 15th Five‑Year Plan (2026‑30) places new protein sources, biomanufacturing and green energy at the core of its climate and food‑security strategy. The plan calls for expanding grain output to 725 million tonnes, advancing AI‑driven seed innovation and commercialising gene‑edited...
IEA Convenes G7 Ministers to Assess Oil‑gas Market
Today @IEA hosted a G7 Energy Ministers Meeting, chaired by Minister Roland Lescure of France, on the current oil & gas market situation We will hold an extraordinary meeting of IEA Member governments later today to assess market conditions My statement: https://t.co/ViR4Zc4Mhv...
War Drives Gas Prices up 18% in Eight Days
Yesterday was day 8 of the war. The national average of gas prices is up 54 cents (18%) since it started. Prices were up 6 cents yesterday. https://t.co/gCWn8VQcNz
Viridien Starts Seismic Reprocessing Initiative for India’s Offshore Basins
Viridien has launched a regional multi‑client seismic reprocessing initiative targeting India’s offshore basins, beginning with a Phase 1 reimaging of roughly 9,000 sq km of 3D data in the Mahanadi Basin. The project will deliver fast‑track results by June 2026 and complete datasets by...
Norway's $520M Hydrogen Ferry Contract Faces Cell Longevity Crisis
Today's #HydrogenSoufflé comes to you from Norway. In 2022 the Public Roads Administration awarded a 4.9bn NOK ($520 million) contract for 2 #hydrogen ferries. Internal documents found by NRK show the fuel cell lifetime may be <10% of the 7.5...
DRC Boosts Oil Revenue and Fights Fraud with Innovative Fuel Traceability Program
The Democratic Republic of Congo has launched a molecular marking program for petroleum products, using invisible chemical tracers to track fuel from import to retail. Partnering with Authentix Inc., the initiative aims to curb smuggling and improve tax compliance. Early...
Skip Oil Frenzy; EM Differentiation Lifts Brazil, South Africa
Trump yesterday said war will be over soon. Oil tumbled. As I signaled over the weekend, better to steer clear of the frenzy around oil and focus on EM differentiation. That theme's only been traded for a few days and...
Nordex Wins Order for 40 Turbines From Wpd for German Wind Farms
Nordex Group landed a 40‑turbine order from developer wpd, delivering roughly 279 MW across nine German sites. The contract mixes 36 N163/6.X units with four larger N175/6.X turbines, each mounted on hybrid towers and slated for 2027 installation. A 15‑year premium...
Oil Spikes in Response to Trump's Iran War Stance
My comments on oil's reax to Trump's Iran war declarations in conversation with @AJEnglish earlier today.
Market Sentiment Improves Further on Saudi Oil Rerouting, Dollar Stays Soft
Global markets rallied as Saudi Aramco activated the East‑West pipeline, restoring roughly 70% of its crude exports—about 5 million barrels per day—despite Gulf shipping disruptions. The move eased fears of a major oil supply shock, keeping WTI near $90 and lifting...
Massive USO Flush Restores Trend in Final Hour
the massive $USO flush in final hour ystdy just brought it back to trend... https://t.co/qZjWtShXON
Net Zero Won’t Fail if We Miss 1.5C Target
New research from the Euro‑Mediterranean Center on Climate Change, published in Nature Climate Change, finds that a temporary overshoot of the Paris 1.5°C limit does not derail the global net‑zero goal, but it reshapes how climate policy is crafted. Scenarios...