Know What's Happening in Energy
Know What's Happening in Energy
JPMorgan flags $1 trillion U.S. power‑grid upgrade spend amid aging infrastructure
The bank warns that the U.S. grid, averaging nearly 60 years old, faces a national‑security risk and projects roughly $1 trillion in upgrades between 2026 and 2035, part of a $5.8 trillion global spend. Rising AI‑driven data‑center demand could add 100 GW of peak load by 2030, intensifying the upgrade need.
Also developing:
By the numbers: Oil majors secure $164M Alaska lease package
Venture Global and Italy’s Edison have signed a commercial agreement that ends their LNG arbitration over the Calcasieu Pass project, with the settlement expected to close by the end of Q2 2026. The deal adds extra cargoes for Europe, beginning with a delivery to Italy’s Adriatic LNG terminal in May 2026. The settlement follows Venture Global’s recent arbitration loss to BP and a win against Shell, and comes as the company ramps up commercial operations that started in April 2025. The agreement is presented as a step toward stabilising global LNG markets amid Middle‑East tensions.
Bluetti has launched FridgePower, a plug‑and‑play battery system aimed at keeping refrigerators and other essential home devices running during power outages. Unlike fixed residential storage like Tesla Powerwall, FridgePower requires no permanent installation and can be moved within the house....
Utilities have poured billions into smart‑grid sensors, communications and analytics, yet the digital representation of the physical distribution assets remains rudimentary. Traditional asset databases rely on periodic inspections, causing records to drift from reality and limiting engineers’ ability to assess...
Prometeia’s latest outlook warns that the Iran‑Hormuz conflict and resulting energy shock are eroding global growth in 2026. Euro‑area GDP is trimmed to 0.8%, a 0.4‑point downgrade, as gas reserves dwindle and inflation‑driven recovery stalls. The United States is projected...
"Let's just say on Friday we sign a cease fire and all hostilities cease. We are not going back to 60 bucks (per barrel). There's going to be a geopolitical risk premium built into the price of oil... You will...
France’s marine contractor Geocean, together with China’s Wison New Energies, has completed the installation of a floating LNG (FLNG) mooring system in the Marine XII block off Congo’s Pointe Noire. The operation placed driven anchor piles, a submerged swivel and yoke,...
Irene Mihai, Policy Director of the Romanian Photovoltaic Industry Association, highlighted the critical role of mentorship, collaboration, and inclusive workplace practices in attracting and retaining talent in the solar sector. She noted that women now represent roughly 40% of the...
Spoke to @trtworld about the consequences of the second fossil fuel crisis of the 2020s - including extreme limitations, rationing and probably major societal changes if this all keeps getting worse
The article argues transmission infrastructure is now the primary competitive front in the power and utilities sector. It outlines eight strategic “plays” that firms can adopt, emphasizing speed in permitting, resource pooling, design standardization, information transparency, and innovative tariff and...
ENG8 International unveiled its EnergiCell at the IWAHLM 17 conference in Bergamo, announcing a jump from Technology Readiness Level 4 to 7, signalling a shift from laboratory validation to industrial‑grade prototypes. The modular system can be configured for thermal, electrical, or hybrid output...
The European Public Prosecutor’s Office (EPPO) has opened a fraud investigation into an unnamed Slovenian solar company that allegedly violated EU tender rules for Cohesion Fund co‑financing of small solar plants. Police searches in Celje seized documents and electronic data...
Oil prices have jumped to roughly $100 a barrel amid the Iran conflict, reviving the historic link between high fossil‑fuel costs and renewable‑energy equities. The ALPS Clean Energy ETF (ACES) rose 3.5% over the past month, extending its YTD gain...
Oilfield services firm NOV has launched a joint industry project with Equinor and Petrobras to qualify a subsea chemical storage unit up to 200 m³ for field deployment. The initiative aims to cut topside footprint, reduce vessel usage, and support long...
"The biggest supply disruption in history." The war in Iran has closed the straight of Hormuz, damaged energy infrastructure across the region, and sent shockwaves across the global oil & gas industry. It's so big, it's hard to get your...
The Trump administration granted a 60‑day waiver of the Jones Act to ease oil market disruptions amid rising crude prices and supply‑chain strains from the Iran conflict. The Jones Act, a 1920 cabotage law requiring U.S.-flagged, U.S.-built vessels for domestic...
In this episode, the host analyzes the immediate oil market impact of a potential closure of the Strait of Hormuz, which transports about 20 million barrels per day—roughly one‑fifth of global supply. He explains that this volume creates a market "hole"...
Chevron stock leapt sharply after crude oil climbed toward $90 per barrel and the energy giant signaled a more generous dividend. The rally helped lift the Dow Jones and underscored a broader rebound in energy equities amid easing Middle‑East tensions.
Zelestra obtained a $600 million green credit facility led by Societe Generale and HSBC to develop two 440 MW solar projects in Texas. The financing is underpinned by long‑term power purchase agreements with Meta, giving the projects stable cash flows and underscoring the...
The U.S. Interior Department agreed to reimburse French oil major TotalEnergies $928 million for two offshore wind leases off New York and North Carolina, forcing the company to abandon the projects and invest the same amount in oil, gas and LNG....
Iran announced a new toll of up to $2 million for commercial ships passing the Strait of Hormuz, a move that threatens to raise shipping costs and tighten global oil supplies. The fee comes amid heightened missile attacks, diplomatic deadlock and...
UK average petrol price reached 150.11 pence per litre (≈£1.50/$1.88), with diesel at 177.68 pence (≈£1.78/$2.22), the highest levels since May 2024. The surge, tied to the Iran‑Israel conflict and rising crude, is inflating motorists’ travel costs and feeding broader inflation worries. At...
Brazilian independent producer PRIO has placed a second well at its offshore Wahoo field into production, delivering a stable output of 12,000 barrels of oil per day. The company plans to bring the third and fourth wells online and adjust...
Brazil imported 17.9 GWp of photovoltaic modules in 2025, a 24% drop from 2024’s 22.3 GWp. Distributed‑generation projects absorbed 79% of the volume, even as new installations slowed to 8.8 GW, down from 10 GW a year earlier. The decline coincided with a sharp...
Japan’s Inpex and U.S. firm Formentera have formed a joint venture to develop the Beetaloo Basin’s shale gas, acquiring 68,000 net acres for $208 million with an option for up to 75,000 more acres at $266‑$411 million. The partnership will feed a...
Senators Bernie Sanders and Rep. Alexandria Ocasio‑Cortez unveiled the Artificial Intelligence Data Center Moratorium Act, seeking to halt new AI‑focused data‑center projects until federal standards on climate impact, worker safety and consumer protection are established. The move spotlights rising electricity...
Tell your Senator not to subsidize electric monopolies at your expense Electric monopolies love building electric transmission lines, whether they are needed or not, because the government requires consumers to pay for them—meaning a guaranteed profit. That’s why we need transmission policies...
In 2025, two U.S. states met >100% of grid + behind-the-meter electricity demand with WindWaterSolar. 14 states met 50-124% of demand: 7 dominated by wind 3 by solar 4 by hydro U.S. average: 25.72% WWS https://t.co/KP3uii4BqI https://t.co/Ntf3DHeGdW
Cleanova upgraded an existing seawater filtration system on a Gulf of Mexico oil platform, boosting injection capacity by nearly 50% without halting production. The company replaced original filter elements with its CleanMax high‑flow cartridges, improving flow rates and biofouling resistance....
The Iran-Hormuz conflict isn't a negotiation problem, writes @gbrew24 The core issue isn't whether or not talks happen It's whether the US can break Iran's leverage before economic pressure breaks its ability to continue Iran gets this Markets don't. Not yet.
“Every $0.10 rise in the price per gallon means over $12bn of additional spending on gasoline versus 2025” - JPM
Uranium is emerging as a strategic pillar of the global energy transition as AI data centers drive unprecedented electricity demand. Tech giants like Google, Microsoft and Amazon are directly funding nuclear projects and small modular reactors, creating a new demand...
Respectfully, calling Hormuz an “insurance problem” confuses a secondary constraint with the primary one @anasalhajji It's a military & physical chokepoint Insurance can help flows resume at the margin That's not control or securing the Strait for decades.
War doesn’t accelerate the energy transition—it reverses it @RnaudBertrand The energy transition was always wishful thinking but now it's DEAD #EnergyCrisis #Oil #Coal #Climate #Emissions #Hormuz #Geopolitics #OOTT #EnergySecurity https://t.co/bb7OrZIewN
Europe’s Solar Stewardship Initiative (SSI) awarded its first Supply Traceability Standard Bronze certifications to two Astronergy module factories in China, marking the inaugural implementation of the standard launched in December 2024. The inspections, conducted by German technical institute TÜV Rheinland, confirmed...
My view in the @EpochTimes on the US reducing reliance on Middle Eastern oil: “There is a strategic shift toward a more resilient Western Hemisphere energy bloc... through tighter integration of supply chains ... with Venezuela." https://t.co/DLlkE38yYS
oil on water cannot be drawn to zero commercial inventories cannot be drawn to zero if either is at zero the oil industry quite simply no longer exists https://t.co/pLWqhb6KZB
Europa Oil & Gas received Irish government approval to extend its FEL 4/19 license until January 2028, providing additional time for technical studies and partner outreach. The license covers the Inishkea West gas prospect, estimated at roughly 1.5 trillion cubic feet of low‑risk gas....
You know the oil market is in a healthy position when I keep getting questions along the lines of "but what if we just drew every global stock/inventory to zero, how long would that buy us?"
🎙️@DanGreenhaus, Chief Strategist at Solus Alternative Asset Management, joined Dan on the RiskReversal Podcast to discuss oil, geopolitics, and what investors should actually be doing right now. Watch or listen here⤵️ YouTube: https://t.co/4oDI4jZCtw Apple: https://t.co/be7tLqYBWD Spotify: https://t.co/D2BFT1cN2q
The US International Trade Commission has opened a Section 337 investigation into TOPCon solar cells, modules and related products after First Solar filed a complaint naming 47 respondents across 11 countries. First Solar alleges infringement of patents 1, 2, 4 and 8 and seeks...
President Trump says that “we don’t need the Hormuz Strait. We have so much oil, our country is not affected by this.” TRUMP = CLEARLY UNHINGED = HAS LOST TOUCH WITH REALITY. https://t.co/VFVUQDKzXd
Two University College Dublin students won EirGrid’s third‑annual CleanerGrid competition, taking home a €12,000 prize (about $13,080). Their data‑driven model proposes optimally sited battery and hydrogen storage to curb offshore wind curtailment. The contest, which drew 115 participants from nine...
Swiss renewable developer Axpo has secured a ten‑year power purchase agreement with McDonald’s to supply up to 83 GWh of solar electricity each year from its newly commissioned 200 MWp photovoltaic complex in León, Spain. The facility consists of four 50 MW plants...
Intercontinental Exchange reported record trading activity across its global derivatives markets and NYSE equities in March 2026, driven by heightened Middle‑East geopolitical risk. Open interest hit all‑time highs, including 76.8 million commodity contracts and a total of 125.4 million futures and options...
In this episode, Charlene Young and Tom Sieber dissect how the ongoing Iran conflict is fueling oil price volatility and feeding into UK inflation pressures, while also reviewing the latest UK CPI data and government energy support plans. They highlight...
Italian energy major Eni announced its withdrawal from a three‑partner consortium seeking offshore natural‑gas exploration licenses in Israel. The group, which also includes Dana Petroleum and Ratio Energies, had been awarded six prospective licenses in Cluster G during Israel’s fourth offshore...
The Dollar and Oil are Bid: The dollar and oil remain firm. The market has a had muted reaction to President Trump’s announcement late yesterday that it will extend its pledge not to strike Iran’s energy infrastructure for ten days...
Gm, oil watchers Brent crude back above $110 this morning because—and stop me if you’ve heard this one—the Strait of Hormuz remains shut and the world oil market is losing 15 million barrels every day that remains true https://t.co/jg4V9IlWhv
Libya’s National Oil Corporation signed a memorandum of understanding with Chevron to conduct a technical study of offshore Block NC146, an unexplored area that recent geological data suggests is promising. The study will evaluate the block’s discovery potential, aiming to add...
