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:
Crude Prices Dip on Hint of US-Iran Optimism
Crude futures fell on Tuesday after Iran's foreign minister indicated a potential US‑Iran agreement on uranium enrichment could be reached in Geneva. The optimism trimmed the geopolitical risk premium, pushing WTI and Brent below $80 per barrel. Prices had been hovering near $80‑$85 per barrel, showing market sensitivity to diplomatic signals. The dip reflects traders' quick reaction to reduced perceived supply disruption risk.
Gas and LNG Markets, Feb. 24, 2026
The global gas and LNG market entered a volatile phase in late February 2026, driven by tighter supply, rising spot prices, and shifting demand patterns across Europe and Asia. European winter demand outpaced supply, prompting higher contract renegotiations, while Asian...
Why Canadian Critical Minerals Are More Critical Than Ever – by Christopher Hernandez-Roy (Canadian Politics and Public Policy – February...
Canada’s Defence Industrial Strategy, unveiled on 17 February 2026, places critical minerals at the core of national security and industrial policy. The government frames domestic mining as essential for defence supply chains, reducing reliance on China’s near‑monopoly over rare earths and...
Denison Mines Gets Green Light for Uranium Project in Northern Saskatchewan – by Nykole King (Regina Leader-Post – February 24,...
Denison Mines Corp. has secured regulatory approval from the Canadian Nuclear Safety Commission to construct the Wheeler River uranium mine in northern Saskatchewan’s Athabasca Basin. The construction licence, effective until February 28, 2031, makes the project the province’s first new uranium mine...
Could Canada and Australia Form a Critical Minerals Supergroup? – by Ian Verrender (Australian Broadcasting Corporation – February 24, 2026)
Canadian Prime Minister Mark Carney is set to address the Australian Parliament, signalling a push toward a Canada‑Australia critical minerals partnership. His recent World Economic Forum speech urged medium powers to forge new alliances, a message that provoked a sharp...
Natural Gas Spot Prices, Feb. 24, 2026
The Energy Information Administration released the February 24, 2026 natural‑gas spot price report, detailing volume‑weighted average prices for next‑day flow and weekend delivery. The data include both wellhead and delivered price composites, along with the day’s trading range, total gas volume, and...
First Solar Gets Access to Oxford PV Perovskite Patents
First Solar has signed a non‑exclusive licensing agreement with Oxford PV, granting access to the UK firm’s extensive perovskite patent portfolio and pending applications. The deal enables First Solar to develop and potentially manufacture perovskite‑based thin‑film photovoltaic modules for U.S....
Portugal Powers Winter with 80% Renewables, Disproving Skeptics
Still think renewables can't power a modern economy? Portugal just hit 80.7% renewable electricity for the entire month of January. In the middle of winter 2017: 41.8% ("ceiling" skeptics said we couldn't break) 2023: 61.0% (Coal plants? GONE. Last one closed 2021) 2026:...
How the EU Could Unlock 22 Trillion Cubic Feet of Barents Gas
The European Union is reviewing its Arctic policy, and a tighter definition could unlock the Barents Sea’s estimated 22 trillion cubic feet of gas. Norway’s offshore fields could then supply 20‑30% of EU gas demand through 2050, offering a lower‑emission alternative...
Gigantic Form Energy Battery to Power Google Data Center in Minnesota
Form Energy’s iron‑air battery will be deployed by Xcel Energy in Minnesota to power a new Google data center. The 300 MW installation can discharge continuously for up to 100 hours, delivering 30 GWh of stored clean energy. Google will also fund 1.4 GW...
Shale Giant Diamondback Says Global Oil Glut Fears Are Fading
Diamondback Energy says fears of a global oil glut are receding as resilient demand steadies the market. Recent price action shows U.S. crude futures up more than 15% year‑to‑date, erasing most of 2025’s 20% loss. The company will keep output...
ORLEN Builds 25-MMboe North Sea Portfolio in Ekofisk Area
Polish oil major ORLEN has bolstered its North Sea presence by acquiring a 7.6% interest in the Albuskjell and Vest Ekofisk fields, bringing its total stake in the Tommeliten Gamma field to 62.61%. The three assets, developed under the Previously Produced Fields...
Eagle Energy Metals and Spring Valley Acquisition Corp. II Announce Closing of Business Combination
Eagle Energy Metals Corp. completed its business combination with Spring Valley Acquisition Corp. II, creating Eagle Nuclear Energy Corp. The new company will begin Nasdaq trading on February 25, 2026 under the ticker symbols NUCL and NUCLW. The merger pairs the largest...
Germany's Energiewende Fuels Economic Decline
Thank your lucky stars you don’t live in #Germany. Once the industrial powerhouse of Europe, Germany is in decline. And much of that decline is a direct result of the country’s insane energy policies. For the past 15 years, the country...
FTC Solar Secures 840MW Tracker Deal in South Africa
FTC Solar signs 840MW PV tracker supply agreement in South Africa #energysky -- via pv-tech: https://t.co/ddeEfgCzt8
Med Gasoline Market Diverges From Northwest Europe
The Mediterranean gasoline market is diverging from northwest Europe as several key fluid catalytic cracker units undergo maintenance, notably Helleniq Energy’s Aspropyrgos refinery in Greece and Eni’s Milazzo refinery in Italy. With offshore capacity constrained, February‑March spreads have turned backwardated—a...
Execution Discipline Boosts European Energy Storage Value
Execution discipline redefines energy storage value in Europe, as investable projects become harder to secure #energysky -- via Energy Storage News: https://t.co/DVUJuczkAo
Republicans Back Clean Energy Credit, Criticize Trump’s Advisors
Republicans pushing for clean energy tax credit: “We think [Trump] is getting bad advice #energysky -- via pv magazine usa: https://t.co/7851K4C1i0 https://t.co/AgsRewWiRC
Lualaba Showcased Cobalt Leadership and Sustainable Vision at Mining Indaba 2026
At Mining Indaba 2026 in Cape Town, Lualaba province positioned itself as the world’s leading cobalt producer, emphasizing its pivotal role in the energy transition. Governor Fifi Masuka Saini highlighted the region’s stable, investment‑friendly governance and alignment with international mining...
Weidmuller Launches 1,500‑V PV Connector Series
Weidmuller releases new PV connector series for 1,500-V systems #energysky -- via Solar Power World: https://t.co/xWVdgHrDKB
SCOTUS Decision Redefines Future of Energy
I learned a lot in this timely deep dive about what the new SCOTUS decision means for energy. Check it out
Vestas Secures Mega Order: Vestas Receives 1.38-GW Offshore Order From RWE for UK Offshore Major Project Vanguard West - Share...
Vestas has secured a firm 1.38‑GW offshore wind order from RWE for the Vanguard West project in the UK, encompassing 92 V236‑15 MW turbines. The deal includes supply, transport, commissioning, a five‑year service agreement and subsequent long‑term O&M contract. The project,...
Climate Change May Boost Rooftop Solar Costs 20%
Global-warming-induced degradation could raise rooftop solar LCOE by up to 20% #energysky -- via pv magazine global: https://t.co/aiSuBq2bng
Optimism Returns as Lithium Prices and ESS Boom Questioned
Sunny & cold in Florida. How high will #lithium price go this cycle was the # 1 question. How real is the ESS boom was #2. Nice to see some optimism after a couple of lean years. https://t.co/KLtvzNOlxk
Motiva Announces US Group II Base Oil Posting Decrease
Motiva announced a $0.50 per US‑gallon reduction to its Group II, II+ and III base‑oil postings, effective 1 March. The cut could translate into contract price declines of 10‑15¢/USG for parties linked to Motiva’s postings or to basket indices, while blenders with...
U.S. Tops Global Oil, Gas Production Under Biden
What's interesting about this is that the U.S. led the world in oil and natural gas production during the Biden Administration, too.
Google Powers Data Center with 1.5GW Renewables, Iron‑air Storage
.@Google taps @XcelEnergyMN to supply data center with 1200 MW wind, 200 MW solar and 300 MW / 30 GWh @FormEnergyInc iron-air batteries, through new BYONCE (bring your own new clean electricity) tariff construct. https://t.co/iW5Xx4FZnx Google will also pay for all...
Managing Mining, Oil and Gas for National Development
The Blavatnik School of Government at Oxford, in partnership with the Natural Resource Governance Institute, has launched a five‑day executive programme titled “Managing Mining, Oil and Gas for National Development.” Applications open on 2 March 2026, targeting senior leaders from government, industry,...
Iran's Oil Loadings Hit 2018 Highs, Margins Thin
Iran is pumping and loading at near-2018 highs ahead of nuclear talks Loadings are surging, buyers are softer, and oil-on-water is piling up More leverage, more risk, thinner margins. https://t.co/AZPC1zaGls #Oil #Iran #Hormuz #Sanctions #Geopolitics #EnergyMarkets
The Future of Cold Storage: Innovations in Energy Efficiency & Why They Matter Now More Than Ever
Rising energy prices, stricter regulations, and sustainability goals are forcing cold‑storage operators to prioritize efficiency. New insulation materials such as XPS and vacuum‑insulated panels dramatically reduce thermal loss, while IoT‑enabled smart controls match cooling output to real‑time demand. Manufacturers are...
Leverage Could Shift Infrastructure Leadership Amid Stable Rates
Infrastructure may be the most crowded “safe” trade in markets. Consensus says utilities lag in a growth cycle. Leverage flips that narrative. If rates stabilize, leadership may rotate where few are looking. Read: https://t.co/GYU4HseCXx
UK Adds
Nearly 300 entities linked to Russian energy and military production have been added to the UK’s sanctions lists, including a network of oil traders whose vast reach was identified by the FT as the result of an IT blunder. https://t.co/Bky4oWVd2S
Caterpillar Invests in Serbian LFP Battery Maker
Caterpillar announced a strategic investment in a Serbian lithium‑iron‑phosphate (LFP) battery manufacturer, earmarking a multi‑million‑dollar stake to bolster its energy storage capabilities. The move secures a domestic source of LFP cells for Caterpillar’s heavy‑equipment line, reducing reliance on Chinese suppliers....
Ukraine Sabotages Pipeline, Cuts Oil to Slovakia, Hungary
Yesterday, Ukraine turned on Slovakia and Hungary. Ukrainian operatives blew up the main node of the Druzhba oil pipeline that supplies 100% of Slovakia's oil and 86% of Hungary's oil. UKRAINE = TURNS ON TWO MEMBERS IN NATO. https://t.co/ItvWWCVJb5
Trina and GSC Partner on 12GWh EU Storage
Trina Storage and Gore Street Capital have launched a private EU Battery Energy Storage System (BESS) fund targeting more than 12 GWh of projects. The fund, backed by the European Investment Fund and the Irish Strategic Investment Fund, aims to raise...
AD Ports Breaks Ground on Khalifa Port LPG Terminal
AD Ports Group and Nimex Terminals have broken ground on the UAE’s first private‑sector LPG terminal at Khalifa Port. Phase 1 will feature two full‑containment refrigerated tanks—50,000 cbm of propane and 67,000 cbm of butane—plus four mounded bullet tanks totaling 21,000 cbm, with Phase 2...
Suzlon Creates New Leadership Structure
Suzlon announced a major governance overhaul under its Suzlon 2.0 plan, creating a Group Executive Council and appointing Ajay Kapur as the new group chief executive. The restructure is designed to accelerate the company's shift from a pure wind‑energy provider to...
‘Balance Between Profitability and Predictability’: Inside Europe’s Shift Towards Tolling Offtake Agreements in Battery Storage
Physical tolling agreements are rapidly becoming the preferred off‑take structure for new battery storage projects across Europe, a trend highlighted at the Energy Storage Summit 2026. A poll of attendees showed 75 % are considering tolls, reflecting growing confidence that these...
Brookfield-Backed Rockpoint Gas Storage Closes C$459 Million Secondary Offering
Brookfield-backed Rockpoint Gas Storage completed a secondary offering, selling 16.4 million shares at C$28 per share. The transaction generated approximately C$459 million in gross proceeds, including shares issued under an over‑allotment option. The capital raise bolsters the company’s balance sheet and funds...
Renault Partners with Basquevolt on Lithium-Metal Cells
Renault's Ampere division has signed a development agreement with Basquevolt to accelerate lithium‑metal battery prototypes for future electric vehicles. The partnership targets pre‑A sample cells that could deliver up to 450 Wh/kg energy density while cutting capital costs and energy use...
KODE Labs Unveils EnerG: Revolutionizing Utility Management for Smarter, Sustainable Real Estate Portfolios
KODE Labs has launched EnerG, an AI‑enabled platform that consolidates utility, sustainability, and performance data for enterprise real‑estate portfolios. The solution replaces fragmented spreadsheets, PDFs and portal pulls with automated ingestion, validation and anomaly detection. Built as an extension of...
On Africa's Terms: Taking Control of the Resource Future
BGN Group, under CEO Rüya Bayegan, is scaling its African footprint by supplying Egypt with up to 160 LNG cargoes through 2026 and operating fuel terminals across Morocco. In July 2025 the firm launched a joint venture with the DRC’s...
Mars Signs One of Its Largest Renewable Energy Purchase Deals in Europe
Mars announced a power purchase agreement with Foresight Energy Infrastructure Partners for 70% of the output from the newly commissioned 277 MW Kölvallen wind farm in Sweden, delivering roughly 670 GWh of clean electricity each year. The deal marks the confectioner’s second...
Australia’s Most Costly Anti-Climate Policy Hits Taxpayers for $30m a Day as Calls Mount to Wind Back Fuel Tax Credits...
Australia’s fuel tax credits scheme is costing taxpayers nearly $10.8 bn this fiscal year – roughly $30 m a day – by refunding excise on diesel and petrol for miners, farmers and other heavy‑fuel users. Critics label it the nation’s most expensive...
Disruptive Theme of the Week: Some Surprise Winners YTD
The week’s disruptive theme spotlights unexpected YTD winners, led by wet and dry shipping ETFs, South Korean market exposure, and oil‑service funds. Breakwave Tanker Shipping ETF (BWET) surged 100% and Breakwave Dry Bulk Shipping ETF (BDRY) climbed 31% as VLCC...
Broad-Based Growth in 4Q25 Midstream/MLP Dividends
Midstream dividend growth remains robust, with 92.7% of AMNA constituents raising payouts year‑over‑year and no dividend cuts since July 2021. Both MLPs and corporations delivered sequential increases in Q4 2025, highlighted by Plains All American’s 9.9% hike. The sector’s strong cash‑flow generation...
Hitachi and Pakal Advance Silicon Modules
Hitachi Energy and Pakal Technologies have teamed up to embed Pakal’s IGTO(t) silicon power switch into Hitachi’s high‑voltage power modules. The IGTO(t) promises roughly 30% lower conduction losses than conventional IGBTs, enhancing efficiency across rail, renewable, energy‑storage, AI and data‑centre...
Inch Cape Report Outlines UK Impact
Offshore wind developer Inch Cape released an independent report quantifying its economic contribution to the UK. The 50/50 ESB‑Red Rock joint venture will invest £4.7 billion overall, with £2.7 billion earmarked for Scotland and £1 billion in eastern regions. At construction peak, the...
Orkim Secures MR2 Charter with Petronas Trading Unit
Malaysian tanker owner Orkim has signed a six‑month time‑charter for its 2012‑built Orkim Citrine MR2 tanker with PETCO Trading Labuan, the trading arm of Petronas. The agreement, effective at the end of February 2026, includes an option to extend another six...
Britain Targets Russia’s Oil Revenues with Nearly 300 New Sanctions
Britain announced its largest sanctions package to date, targeting Russia’s oil pipeline operator Transneft and adding nearly 300 new measures. The package, timed with the fourth anniversary of the invasion, also sanctions 48 oil tankers linked to Russia’s shadow fleet...