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 Global Week Ahead
Oil prices surged above $100 per barrel as the Iran‑US‑Israel conflict intensifies, leaving the Strait of Hormuz gridlocked. G7 finance ministers are meeting to discuss a coordinated release of strategic oil reserves, while the Federal Reserve and European Central Bank enter a quiet period ahead of their March rate decisions. Treasury Secretary Scott Bessent will travel to Paris for talks with China’s vice‑premier, setting the diplomatic backdrop for President Trump’s upcoming Beijing visit. A slate of key economic data releases across the United States, Europe and Asia will further shape market sentiment.
Profiting From Subsidies While Proliferating Trump’s Protectionism
First Solar reported a $1.53 billion net profit for 2025, heavily bolstered by $1.6 billion in 45X transferable tax credits that are counted as net sales. The company projects $2.1‑$2.19 billion of similar credits in 2026, prompting Wall Street to discount the earnings....
Thermal Management Solutions for Battery Energy Storage Systems
Battery energy storage systems (BESS) are projected to hit 2 TWh of capacity by 2033, driven by a 30% CAGR and expanding renewable integration. Overheating remains a critical challenge, as temperatures above 30 °C can cut battery life by up to 40%....
USO Hits Record Volume; Roll Costs Warn Traders
$USO has broken its all time daily volume record with $7.6 traded and it's only 1130am. Dwarfing the volume it saw in 2020 and 2022. Prob mix of pro traders and retail degens. While it is arguably the most sensitive...
Hanjung America to Build ESS Manufacturing Facility in Indiana to Support StarPlus Energy
Hanjung America, a subsidiary of South Korean battery maker Hanjung NCS, announced plans to construct its first U.S. energy‑storage‑system manufacturing facility in Huntington, Indiana. The 133‑acre plant will focus on cooling‑fan modules and direct‑injection fire extinguishers that serve the Stellantis‑Samsung SDI...
Over 400 Tesla Fast Chargers Planned For New Charging Hub
Tesla announced plans for a massive fast‑charging hub in Yermo, California, featuring roughly 400 V4 Supercharger stalls capable of delivering up to 500 kW. The site, positioned along the high‑traffic corridor between Southern California and Las Vegas, may incorporate solar‑powered canopies...
Strait of Hormuz Shutdown Starts Impacting Brent Prices
My chat with @SoumayaKeynes about oil on the @FT podcast. When we did this on Thursday, Brent was $83 and there was lots of humming and hawing if they can go higher. We discussed the shutdown of the Strait of...
India’s Fuel Prices Stable Unless Oil Hits $130
The government sources say petrol and diesel prices are unlikely to increase as India currently has sufficient fuel stocks. Prices may only rise if crude oil crosses $130 per barrel. Officials expect crude to stay around $100 per barrel.
2 Big UK Car Associations Are Telling Drivers to Ditch Non-Essential Journeys as Oil Soars Above $100 a Barrel
Oil prices surged past $100 a barrel after the Iran‑related conflict disrupted the Strait of Hormuz, sending crude to near $120 in a single day. In response, the UK’s AA and RAC urged motorists to skip non‑essential trips and adopt...
USA Crude Oil Stocks Rise Week on Week
The U.S. Energy Information Administration reported that commercial crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 3.5 million barrels to 439.3 million barrels in the week ending Feb 27, still about 3% below the five‑year average. Total petroleum stocks rose 2.9 million...
California Utility Defeats Shareholder Lawsuit Over LA Wildfires
Edison International, the parent of Southern California Edison, secured a dismissal of a shareholder lawsuit alleging fraud over the January 2025 Los Angeles wildfires. U.S. District Judge Otis Wright found the utility’s statements about its Public Safety Power Shutoff (PSPS) program too...
The Good News? Crude Oil Is -16% Off the high.The Bad News? It Is 10% Higher on the Day
G7 finance ministers said they will keep monitoring oil markets and stand ready to release strategic petroleum reserves if needed. Crude oil peaked at $119.48, fell to $96.24, and now trades near $100. The price is 16% lower than its...
Arizona Corporation Commission Ends State’s Renewable Energy Standard
The Arizona Corporation Commission voted unanimously on March 4 to repeal the state’s renewable energy standard and associated tariff rules, arguing that the mandates no longer justify the costs to ratepayers. Since 2006, utilities have collected more than $2.3 billion in REST...
EVs Cutting Oil Demand by 1.5M Barrels Daily
Are electric vehicles denting oil demand? Yes. By how much? 1.5 million barrels of oil a day, according to EV Curve Futurist. Caveat: These estimates are hard, but the numbers are certainly adding up.
Long-Duration Storage Installations Surge in 2025
Global long‑duration energy storage (LDES) installations topped 15 GWh in 2025, a 49 % year‑on‑year rise. China drove the surge, delivering 93 % of total capacity under a new provincial‑level storage action plan. Compressed‑air systems dominated the mix at 45 %, followed by thermal...
‘Battery Atlas 2026’ Maps Europe’s Cell, Pack and Battery Manufacturers
The third edition of the Battery Atlas 2026, released by RWTH Aachen University, maps Europe’s entire lithium‑ion battery value chain. While more than 2,000 GWh of cell capacity was announced in 2023, the realistic outlook for early 2026 is about 1,190 GWh,...
Midmorning Markets: Amid War Wildcards, Technical Ceilings Rise for Natural Gas Futures
Natural gas futures surged past technical resistance, pushing the Henry Hub benchmark above $3 per MMBtu and breaching the $3.50 ceiling. The rally follows supply disruptions from the war in Iran, which have tightened global gas markets. Meanwhile, milder spring...
Peru’s Ongoing Political Instability Leaves Renewable Energy Transition in Limbo
Peru’s political turbulence intensified after Congress ousted interim President José Jerí in February 2026, installing former judge José María Balcázar as a short‑term leader ahead of the April 2026 elections. The rapid turnover marks the third consecutive presidential removal since...
U.S. Frackers Resist Production Swings Amid Price Volatility
"We don’t like to whipsaw these programs up or down, ConocoPhillips Chief Executive Ryan Lance told analysts. The price of a barrel of U.S. crude topped $120 in early 2022 and fetched as little as $55 in December." https://www.wsj.com/business/energy-oil/why-american-frackers-arent-rushing-to-pump-more-oil-d0d36a4d
EU's "Made in Europe" Rule Praised, yet China Reliance Persists
EU ‘Made in Europe’ regulation welcomed but ‘will not remove dependency on China’ #energysky -- via Energy Storage News: https://t.co/p1am0cSs8K
Nuclear Power for Commercial Vessels Central to ABS, HD Hyundai JDP
American Bureau of Shipping (ABS) has partnered with HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho Heavy Industries to launch a joint development project for a nuclear‑powered electric propulsion system. The collaboration will produce a conceptual design, electrical...
CHN Energy Launches 2 GW Solar Plant on Reclaimed Coal Land
CHN Energy switches on 2 GW solar plant at coal-mining subsidence area #energysky -- via pv magazine global: https://t.co/0etOLNRt0S
Watch Crude Oil Pattern as Week Ends
It could be interesting to see what this pattern in Crude Oil looks like at the week's end. $USO $XLE $TLT $GLD $SPY https://t.co/f4XJ3djY8Q
Flowfinity Streams Unifies Remote Monitoring and Field Operations for Municipal Infrastructure
Flowfinity Inc. launched Flowfinity Streams, an industrial remote‑monitoring platform tailored for utilities and municipalities. The solution merges IoT sensor data, work‑order management, compliance reporting, and a no‑code workflow engine into a single environment. In a pilot with a major U.S....
Crude Oil Poised to Slip Below $91
Do you still think it hasn't made the high for the year? The gap is about to be filled. So far it has been very similar to the 2022 top and if it keeps following the 2022 price path crude...
Developer Exposes Duke's Anti‑competitive Scheme Blocking Municipal Contract
In this case, a power plant developer provided evidence of Duke's "multi-faceted anti-competitive scheme" to prevent the developer from winning a contract with a municipal utility that had purchased power from Duke.
Pre-Markets Down as Middle East Tensions Remain
Pre‑market trading is under pressure as the Iran conflict pushes WTI and Brent crude above $100 a barrel, lifting oil prices 78% year‑to‑date. Major indices are slipping, with the Dow down 1.16%, the S&P 500 off 1.05% and the Nasdaq losing...
New Pipeline Could Ease Hormuz Strait Oil Disruption
Read @JavierBlas on the oil pipeline that could ameliorate the closure of the Straight of Hormuz https://t.co/hfkrPgLpIy https://t.co/BIgHZhk6rA
Safe‑Harbored Panels Drive Six‑Project Solar Acquisition
Safe-harbored panel strategy enables acquisition of six-project community solar portfolio #energysky -- via pv magazine usa: https://t.co/Cr4Jue98Yl
India's Inter-Regional Transmission Capacity to Hit 143 GW by 2027: Shripad Naik
India’s inter‑regional transmission capacity is slated to rise to 143 GW by 2027 and 168 GW by 2032, supporting an anticipated peak demand of 388 GW in 2032. The National Grid will expand to 6.48 lakh circuit‑kilometres and boost transformation capacity to 2,345 GVA. Current...
US Crude Shows $19 Upper Wick Spike
Now that is what I call a wick... Massive $19 dollar 'upper wick' on US crude oil... https://t.co/FyhlHK9e78
Origin Energy Commissions 650 MWh Grid‑forming BESS in Australia
Origin Energy’s 650MWh grid-forming BESS begins commissioning in Australia #energysky -- via Energy Storage News: https://t.co/61QbfMJxsW
Donut Lab Solid-State Battery Retains 97.7% Charge After 10 Days in Third Test
Donut Lab's third independent test by Finland's VTT confirms its solid‑state cell retains 97.7% of charge after a 10‑day idle period. The test measured a 26.5 Ah capacity at 1C and, after charging to 50% SOC, recovered 13.03 Ah, with only a...
Markets Split Winners and Losers After Oil Spike
Today is the second day in a row (after Friday) that markets are trading winners and losers from the spike in oil prices. That's a big shift from the blanket risk-off that clobbered all EM currencies this time last week....
Even After Iran's Surrender, Oil Recovery Weeks Away
If the war ended today with Iran's complete and total surrender, Strait of Hormuz shipping traffic would take two weeks to return to normal and Gulf oil production two months to get back to pre-war levels. And that's optimistic. https://t.co/o3CKt61EZn
TT-Line Switches Two RO/ROs to Bio-LNG
TT‑Line switched its Baltic ro‑ro ferries Nils Holgersson and Peter Pan to bio‑LNG in 2025, achieving a near‑zero emissions profile. The vessels, commissioned in 2022‑23 and powered by Everllence dual‑fuel engines, ran on renewable LNG without any performance loss. Tests...
Silfab Solar Plant Shut Down After Chemical Spill
Silfab solar cell manufacturing site temporarily closed after chemical incident #energysky -- via Solar Power World: https://t.co/wPNqIx1Taf
Oil Prices Surge, Volatility Spikes Ahead of Live Market Call
Lots to chat about this morning with oil surging and vol spiking 🛢️📈 MRKT Call is LIVE at 11 am ET with Dan & @CarterBWorth 📺 WATCH: https://t.co/6sahpHh8D9 https://t.co/mAD77jkCZv
Analysts Underestimate Oil Shock's Real Market Impact
>70% of RBC’s non-energy analysts saw limited impacts on stocks they cover from the spike in oil prices and geopolitical crisis. Here’s why that’s missing the forest for the trees — or rather, missing the tankers for the empty strait. https://t.co/rQNco6tBZB...
Stop Forecasting Oil, Start Preparing for Price Swings
Don’t Predict Oil Prices, Prepare for Them - https://t.co/MNGa0kJy3v #oilprices #peakoil #supplychain #logistics #riskmanagement #decisionscience
Heating Oil Prices Surge $1.50 per Gallon Since February
Email from my home heating oil company: "This recent price run up is the biggest and most dramatic I have ever seen. Our heating oil suppliers have raised the prices they are charging us by more than $1.50 per gallon since...
France Says G7 Still Hesitant on Oil Stockpile Releases
France says G-7 is not there yet on releasing oil stockpiles https://t.co/aduCab1b7z via @WHorobin @Alemrome https://t.co/YIIOlUuvMQ
Mixed-Module Sourcing Boosts FEOC Compliance Outcomes
Could mixed-module sourcing give more than mixed results for FEOC compliance? #energysky -- via pv magazine usa: https://t.co/YidQzjWZo0
Year‑long 10% Energy Surge Adds 40bps Inflation, Cuts Growth
1/5 A 10% increase in energy prices that persists for a year would push global inflation up by 40 basis points and slow economic growth by 0.1-0.2%, International Monetary Fund Managing Director Kristalina Georgieva said. So, what price measures "persists for a...
Virtual Power Plants Quickly Stabilize State Electricity Bills
Jigar Shah sees virtual power plants as the fastest way for states to stabilize electric bills #energysky -- via pv magazine usa: https://t.co/3OfaRaDPp7
Oil's Rare Weekly Surge Mirrors Magazine Cover
Oil just had a weekly move that is only supposed to happen once every four million years. It also happened soon after this magazine cover. Not sure that is a coincidence. https://t.co/H9Do3IylHC
Beyond Price Control: New Roles for a Full US SPR
People recoil at the idea of using the SPR just to damp prices. But now that the US has plenty of domestic oil, what other purposes would it serve? What other conditions would be an appropriate time to use it?
Oil Spikes Above $119 as Supply Cuts, War Fears Loom
LONDON, March 9 (Reuters) - Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major producers cut supplies and fears of prolonged shipping disruption gripped the market due to the...
Aramco Cuts Output as Hormuz Disruption Escalates
March 9 (Reuters) - Saudi oil giant Aramco https://t.co/YZZv8YNZz9 has begun cutting output at two of its oilfields, two sources said on Monday, after the vital Strait of Hormuz was choked by the U.S.-Israeli war on Iran and subsequent attacks...
Seizing Iran’s Kharg Port Could Halve Oil Output
LONDON, March 9 - Iran's oil exports would stall and output halve if the U.S. and Israel were to seize its port on Kharg Island, triggering further attacks from Tehran on regional oil infrastructure, JP Morgan said in a note.