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:
ICVCM Approves Another Carbon Credit Standard, Mangrove Restoration Rules as High Integrity
The Integrity Council for the Voluntary Carbon Market (ICVCM) granted its high‑integrity Core Carbon Principles (CCP) label to version 1.1 of the Global Carbon Council Standard and to Isometric’s Mangrove Restoration Protocol, the first methodology focused on mangrove ecosystem recovery. The mangrove protocol, published in December 2025, could generate up to 2 million carbon‑removal credits by 2030. ICVCM also gave conditional CCP approval to two Verra‑based methodologies—one for grid‑connected renewable energy and another for methane capture from coal mines—while rejecting two forest‑related methods from the ART TREES standard. These decisions reflect a tightening of quality standards across the voluntary carbon market.
Oil Market Swings, Not Price Spikes, Set to Drive Big Oil Strategy
Oil majors are confronting prolonged market turbulence after the Iran‑Israel conflict shut the Strait of Hormuz, pushing crude above $100 a barrel. Despite the price surge, the five biggest Western producers—BP, Chevron, Exxon Mobil, Shell and TotalEnergies—have kept 2026 capital plans...
CIL’s Coal Auction Volumes Dip 6% in April
State‑owned Coal India Ltd (CIL) offered 30.5 million tonnes of coal through its Single Window Mode Agnostic (SWMA) auction in April, a 6 percent drop from March’s 32.5 MT. The decline occurs as West Asian geopolitical tensions push power plants to lean on...
Porr Constructs 51‑m Thermal Storage Tank for Hamburg’s Coal Exit
$POS - Holding Equity Small Caps FI Porr builds 51-meter district heating storage tank for Hamburg Energiewerke in Billbrook Porr won contract from Hamburg Energy Works to build large-scale hot water thermal storage unit at Tiefstack heating plant site in Billbrook as...
Bondada Engineering Bags ₹816 Crore NTPC Solar Order, Doubles Revenue to ₹2,843 Crore in FY26
Hyderabad‑based Bondada Engineering secured a ₹816 crore (~$98 million) balance‑of‑system contract from NTPC Renewable Energy for a 600 MW solar PV project in Rajasthan, marking its second NTPC order and bringing cumulative NTPC business to about ₹1,207 crore (~$145 million) and nearly 1 GW of capacity....
Russia-Linked LNG Carrier ‘Merkuriy’ Loads at Arctic Hub, Expanding Shadow Fleet Capacity
The former Oman‑owned LNG carrier Merkuriy, along with three sister ships, has been reflagged to Russia and observed loading LNG at the Saam floating storage unit. The quartet—Merkuriy, Kosmos, Luch and Orion—are being integrated into the sanctioned Arctic LNG 2 logistics...
Norway Prioritizes Profits Over Climate, Sells Gas to Europe
It is with a heavy heart that I announce Norway must bravely and selflessly continue to sell ultra-expensive planet-wrecking gas to Europe, including opening up 3 new previously-closed gas fields. This hurts* us more than it hurts you and your...
Neoenergia Plans $10bn Investment in Brazil by 2030
Neoenergia, Iberdrola’s Brazilian arm, secured three new electricity distribution concessions, committing to invest nearly 50 bn reais ($10.2 bn) through 2030. The plan doubles the 27.5 bn reais ($5.6 bn) invested over the previous five years and targets expansion, modernization, and digitalization of Brazil’s...
Neoenergia Plans $10bn Investment in Brazil by 2030
Neoenergia, Iberdrola’s Brazilian arm, secured 30‑year renewals for three distribution concessions and announced a $10.2 bn investment plan through 2030. The funding, nearly double the amount spent in the previous five years, will target expansion, modernization and digitalisation of Brazil’s power...
Suzlon Eyes Building New Wind Turbine Factory in Europe
Suzlon announced plans to build its first wind turbine factory in Europe, contingent on securing enough orders. The company unveiled its new Blue Sky platform featuring 5 MW and 6.3 MW models aimed at the European market. A leadership refresh – a...
Speaking at AEF26 on Capital Driving Africa’s Energy Growth
I am delighted to share that I will be speaking at the Africa Energy Forum #aef26, which will bring together policymakers, investors & industry leaders to explore how capital, partnerships & project development are shaping #Africa’s next phase of growth. https://t.co/NwsE4afbeh...
Oil Cargo Prices Plunge as Buyers Retreat
MUST READ: The cost of a real-world oil cargo is dropping fast as buyers back away. The sharp retreat provides a counterintuitive backdrop to warnings the oil market is barreling toward a crisis point. Still, traders cautioned the calm may be...
Solar Is the Rising Power Source Says IEA
The International Energy Agency’s Global Energy Review 2026 shows world energy demand rose 1.3% in 2025, yet solar power emerged as the top driver of new demand. Solar PV accounted for 27% of the additional energy needed, outpacing natural gas and...
Oil Flow Stalls Amid Unclear Conflict, some Tankers Hidden
Day 73: No-peace, no-war, and very-little-oil (Saying “very little” because clearly some tankers are existing with AIS off)
Slovak PM Fico Holds Urgent Talks with State Oil Company After Hinting that Moscow Is in Energy Talks with US
Slovak Prime Minister Robert Fico met Russian President Vladimir Putin in Moscow and then called an urgent meeting with state oil transporter Transpetrol. He hinted that the United States is interested in buying Russian transit infrastructure and suggested a new...
Saudi Retaliation Risk: Destroying Own Oil Assets
“… Had the Kingdom wanted, and it is capable of doing so, to respond in kind to Iran by destroying Iranian facilities and interests, the outcome could have been the destruction of Saudi oil facilities…” — Prince Turki Al-Faisal https://t.co/yVh8S9oMYL
Week 19: DRILLING TO INFINITY: Why I'm Betting Civilization on a Hole in the Ground (While Billionaires Play Astronaut)
Physicists and drilling engineers in West Texas have demonstrated a new geothermal drilling technique that uses concentrated millimeter‑wave energy to vaporize rock, enabling access to depths of around 20 km—far beyond the reach of conventional rigs. The method creates a plasma‑like...
Ten Years of Nordex-Acciona Merger – a Lesson in Empire Building
A decade ago Acciona exchanged its wind‑turbine business for a near‑30% stake in German turbine maker Nordex, also purchasing additional shares from the Quandt family. The swap gave Acciona a strategic foothold in the European wind market while Nordex gained...
Italy’s Edison Expects Two-Thirds of LNG Supply From Qatar to Be Delivered Shortly After Any Peace Deal
Edison, QatarEnergy’s biggest Italian customer, said it will receive roughly two‑thirds of its contracted LNG volumes within 30‑45 days after any peace agreement between the United States, Israel and Iran. The company has already seen 12 cargoes cancelled, though eight...
Australia’s Data Centre Dilemma: Will They Bring an Energy Boom or Bust?
Australia is rapidly becoming an AI‑infrastructure hub, with more than 270 data centres operating or planned nationwide. Tech giants have pledged massive investments – Microsoft announced a $25 billion AUD (≈$16.5 bn USD) three‑year build‑out, Google is weighing a $20 billion AUD (≈$13.2 bn...
Energy Policy Divide Deepens as One State Withholds Support for Key National Reforms to Boost Renewables
Australia’s Energy and Climate Change Ministerial Council approved a legislative package for the Electricity Services Entry Mechanism (ESEM), a voluntary framework designed to bridge short‑term retail contracts and long‑term certainty for large‑scale wind, solar and battery projects. Queensland, however, withheld...
Heil and Autocar Supply Recology with Electric Collection Truck
Heil and Autocar have delivered a fully electric side‑loader truck to Recology for use in Issaquah, Washington. The vehicle merges Autocar’s E‑ACX all‑electric chassis with Heil’s RevAMP automated side‑loader body, creating a hydraulics‑free platform that maintains payload and range. Recology,...
Price Controls Trigger Gas Station Closures, Shortages
Tragic but predictable: South Korea imposed communist-style price controls on gasoline… and gas stations started closing. Shortages incoming. Price controls never work
Gas Tax Holiday Cuts Revenue, Harms Efficiency, Infrastructure
And drivers would only get ~60-80% of that if a gas tax holiday were passed. While boosting demand at a time of low supply, discouraging efficiency & slashing a key source of infrastructure funding. Seems like just yesterday GOP slammed...
Global Partners: Valuation Is Favorable (Rating Upgrade)
Global Partners LP (GLP) has been upgraded from Hold to Buy as its valuation and technicals improve after a period of market‑driven weakness. Q1 2026 revenue jumped 16% year‑over‑year to $5.3 billion, while operating margin expanded to 2.0% thanks to strategic acquisitions...
Viewpoint: Surge of Climate Misinformation Traced to Right Wing and Anti-Wind Activists
A joint report by UK think‑tank CASM Technology and WindEurope uncovered a coordinated network of right‑wing politicians, anti‑wind activists, and media outlets spreading false claims about wind energy. Over 18 months the group posted more than 40,000 messages, driving 6.3 million...
Sanctioned Iraqi Crude VLCC Crosses Hormuz, Faces US Block
📌This VLCC loaded with Iraqi Basra Medium crude just crossed the Strait of Hormuz. 📌Problem: the tanker and its Indian owner are under US sanctions. It slipped past the Iranians, but can it beat a US blockade? Watch for STS ops...
One Nation Now Represents Two of Australia’s Best Wind and Solar Regions, and They Think It’s a Scam
One Nation’s David Farley won the Farrer seat with 57% of the two‑candidate‑preferred vote, placing the right‑wing populist party in charge of the South‑West Renewable Energy Zone in New South Wales. The electorate hosts 203 wind, solar and battery projects...
Brent Surges 4%, Threatening Global Economy Amid Geopolitical Tensions
Brent up over 4% Mon morning >$105. I see a Pakistan request in the works... or maybe it will be Qatar now. I see a Trump TACO coming. But seriously, this has gone beyond ridiculous now and dangerously damaging to the global...
Yindjibarndi in Rio Tinto Power Play
Yindjibarndi Energy Corporation, a joint venture between the Yindjibarndi Aboriginal Corporation and ACEN, has secured a 30‑year power purchase agreement with Rio Tinto for its upcoming Jinbi Solar Project in Western Australia’s Pilbara region. The agreement will see the solar farm...
Yindjibarndi in Rio Tinto Power Play
Yindjibarndi Energy Corporation, a joint venture between Yindjibarndi Aboriginal Corporation and ACEN, has secured a 30‑year power purchase agreement with Rio Tinto to supply electricity from the upcoming Jinbi Solar Project in Western Australia’s Pilbara region. Construction of the 400‑MW solar...
Winter Can Bring You New Energy: Install a Small Power Station and Interrogate Your Bills
Winter highlights energy inefficiencies across Australian homes, from leaky rentals in the south to inadequate hot‑water systems in the north. The article urges homeowners to install rooftop solar and battery storage, leverage the Small‑scale Renewable Energy Scheme rebate, and shift...
U.S. Stock Futures Fall, Oil Surges as Trump Calls Iran’s Latest Offer to End War ‘Totally Unacceptable’
U.S. stock‑index futures slipped on Sunday after President Donald Trump labeled Iran’s latest response to a U.S. peace proposal “totally unacceptable,” reviving concerns over Middle‑East tensions. The comment coincided with West Texas Intermediate crude climbing above $100 a barrel, while...
Entergy (ETR) Price Target Raised Following Q1 Earnings Beat
Entergy Corp (NYSE:ETR) posted Q1 2026 earnings that beat analyst forecasts, prompting Citi to raise its price target from $116 to $121 while maintaining a neutral rating. The new target implies an 8% upside over the current share price. Entergy...
The Southern Company (SO) Price Target Raised Following Better-than-Expected Q1 Report
Southern Company (SO) posted a stronger‑than‑expected first‑quarter report, with adjusted earnings of $1.32 per share and revenue of $8.4 billion, both topping Wall Street forecasts. The utility’s earnings beat came on the back of an 8% year‑over‑year revenue rise driven by...
Duke Energy (DUK) Exceeds Estimates in Q1 Report
Duke Energy reported first‑quarter 2026 results that beat expectations, posting adjusted earnings of $1.93 per share, $0.13 above forecasts, and revenue of $9.18 billion, up 11% year‑over‑year and $690 million beyond estimates. The outperformance was driven by recovering rate‑based infrastructure investments and...
Analyst Raises Xcel Energy (XEL) Price Target Despite Mixed Q1 Report
Evercore ISI raised its price target on Xcel Energy (XEL) to $96, up from $93, maintaining an Outperform rating. The upgrade reflects about a 19% upside from current levels and highlights the utility’s role in the growing data‑center power demand....
NRG Energy (NRG) Reports Mixed Q1 Results, Reaffirms FY 2026 Guidance
NRG Energy posted mixed Q1 2026 results, with revenue jumping 19% YoY to $10.26 billion and beating forecasts, while adjusted earnings fell to $1.48 per share, missing estimates by $0.25. Operating costs surged 33% to nearly $10 billion and interest expense rose...
NextEra Energy (NEE) Price Target Raised by Analysts
NextEra Energy (NEE) saw its price targets raised by Evercore ISI to $107 and by BMO Capital to $102, both maintaining an Outperform rating. The utility posted a Q1 2026 profit of $2.18 billion, a 162% year‑over‑year increase, driven by a...
Iran Declares Hormuz Leverage, Aims to Dictate Gulf Future
Iran just made it explicit: The US is the problem Hormuz is the leverage The future of the Gulf will be regional—and Iran plans to write the rules This isn’t rhetoric It’s strategy #Iran #Hormuz #Geopolitics #OilMarkets #MiddleEast https://t.co/pYvWhqqfML
Chile Senate Pushes Draft Law to Redefine Strategic Role of Critical Minerals
Chile's Senate is debating a draft law that expands the definition of strategic minerals to include rare earths, lithium, cobalt, nickel and graphite. The proposal seeks greater state oversight and incentives to boost domestic processing, a move that could reshape...
Acciona Hires Citi and Goldman Sachs to Assess OPA of Green Unit
Spanish infrastructure group Acciona has hired Citi and Goldman Sachs to evaluate a possible 100% takeover of its renewable subsidiary Acciona Energía. The advisory engagement underscores the growing M&A interest in green assets as the unit’s share price has surged...
The World Is Burning Through Oil With No Resupply in Sight. Is SHEL Stock a Buy Before the Squeeze Gets...
The ongoing Middle East conflict has shut the Strait of Hormuz, leaving the world short about 1 billion barrels of oil and driving prices higher. Shell (SHEL) CEO Wael Sawan and peers at Chevron and ExxonMobil warn the imbalance will persist...
ASEAN Leaders Issue Joint Action Plan as Oil Prices Surge, Growth Forecast Cut to 4.5%
At the 48th ASEAN Summit in the Philippines, leaders adopted a joint response to the Middle East energy shock, announcing coordinated measures to secure oil supplies and cutting the 2026 growth forecast for six core economies to 4.5% from 4.8%....
Eurozone Inflation Hits 3% as Oil Prices Surge, Pressuring Stock Valuations
Eurostat reported that inflation in the 21 euro‑area countries rose to 3.0% in April, up from 2.6% in March, as energy prices jumped 10.9% amid the Iran‑related oil shock. The surge threatens to tighten monetary policy expectations and compress valuation...
Brookfield Renewables Says Battery Costs Fell 70% in Two Years, Accelerating Storage Rollout
Brookfield Renewables CEO Connor Teskey announced that battery costs have fallen 65‑70% in the past two years, making storage projects far more economical. The drop, combined with Brookfield’s $11 billion acquisition of Neoen and a multi‑gigawatt Microsoft partnership, is spurring both...
Australia’s NEM Adds 4.4 GW of Renewables and Storage in Record Year
The Australian Energy Market Operator said 29 projects totalling 4.4 GW reached full output in the National Electricity Market, a figure double the previous year. The surge includes solar‑plus‑storage sites and grid‑forming batteries, underscoring a rapid shift toward low‑carbon power as...
The Commodities Feed: Oil Surges as Peace Deal Hopes Fade
Oil prices surged after President Trump dismissed Iran’s latest peace‑plan proposal, underscoring the market’s sensitivity to geopolitical headlines. In April, China’s crude oil imports fell 20% year‑on‑year to 9.4 million barrels per day, the lowest level since mid‑2022, while natural‑gas imports...
Energy Crisis Stems From Refinery Outage, Not Hormuz
Looking for an energy crisis? It is not hormuz... It is unplanned outage in one of the largest refineries
Crude Oil Prices Jump 4% on US-Iran Peace Talks Failure; Brent Crude Near $104 per Barrel
Oil prices surged on May 11 after the United States and Iran failed to reach a Washington‑backed peace deal, reigniting concerns over the Strait of Hormuz. Brent crude rose 3.1% to $104.47 a barrel, while U.S. WTI jumped 4.1% to...