Know What's Happening in Energy
Know What's Happening in Energy
Flex to acquire Electrical Power Products for $1.1B
Flex Ltd. agreed to buy Electrical Power Products for about $1.1 billion in cash. The target adds roughly $323 million of annual revenue and a mid‑to‑high‑teens EBITDA margin. Flex expects the acquisition to be accretive to adjusted earnings per share in the first full fiscal year.
Also developing:
By the numbers: Oil majors snap up $164M Alaska oil leases
The UK government announced that, starting in 2028, every new home in England must be built with on‑site solar panels and low‑carbon heat pumps under the Future Homes Standard. The move is framed as a direct response to the energy shock caused by the Iran‑Israel conflict, which has disrupted oil flows through the Strait of Hormuz. Plug‑in solar kits will be stocked in retail outlets within months, expanding consumer access to renewable power. Industry leaders praised the policy, while some environmental groups urged even stricter decarbonisation measures.
People think high oil prices will be good for oil companies. Exxon expected to lose $5billion/yr based on Middle East damage so far. Shell's Pearl GTL will be shut for a year. Exxon gets 20% of its oil & gas...
Benchmark Brent crude rose over 2% to $98.25 a barrel and WTI jumped 3.4% to $91.09 after President Donald Trump delayed planned strikes on Iran. The rally revives concerns that higher energy costs could lift U.S. inflation and pressure the...
EDP Renewables North America has completed the 150‑MW Pleasantville Solar project in Fulton County, Illinois, delivering enough electricity for over 39,500 homes. The entire output is secured under a long‑term power purchase agreement with Microsoft, guaranteeing stable revenue streams. The...
GCL Optoelectronics secured a 1.2 MW contract from China Huaneng to supply commercial perovskite‑silicon tandem solar modules. The tender required mass‑producible, IEC‑certified modules delivering at least 26% efficiency and a 25‑year performance warranty, with delivery by June 2026. GCL is the sole...
President Donald Trump posted a 48‑hour ultimatum on Truth Social demanding the Strait of Hormuz be reopened, prompting oil prices above $100 a barrel to tumble 10% and defense stocks to rally. The move has intensified market volatility as investors...
President Trump’s administration has rolled back federal incentives for wind and solar while using emergency powers to keep uneconomic coal plants online, driving higher electricity and gasoline prices. Despite renewables now accounting for the majority of new U.S. generation capacity...
In this episode, JP Morgan’s Chukur Amunat hosts climate scientist Dr. Sarah Kaepnick and clean‑tech investment banker James Janowski to examine how clean‑technology firms are essential for energy security amid rising AI‑driven power demand and geopolitical turbulence. They note that global...
Denmark’s Celsius Tankers has secured a new order for two 180,000 m³ LNG carriers from Samsung Heavy Industries, valued at roughly KRW 770 billion ($514 million). The vessels are scheduled for delivery through September 2028, adding to Celsius’s existing portfolio of about 24...
Polish solar developer ELQ announced a €2.5 billion (US$2.9 billion) investment to build 2.5 GW of solar PV and energy‑storage capacity in Ukraine, starting this year. The firm already has nine projects under development or construction and ten more under consideration, amounting to...
I talked to @kairyssdal on @Marketplace yesterday about the latest developments in oil and what to make of the latest switcheroo in the conflict with Iran. I don't think this conflict is over by a long shot, so I doubt...
RES Group has secured an asset‑management mandate for Nala Renewables’ 217 MW solar‑plus‑storage portfolio operating across Lithuania, Belgium and Greece. The agreement covers both photovoltaic and battery‑energy‑storage system (BESS) assets, aiming to maximise long‑term value through integrated operational services. RES builds...
Slovakia installed 243 MW of new solar capacity in 2025, bringing cumulative photovoltaic capacity to 1.357 GW. The additions comprised 124 MW residential, 102 MW commercial‑industrial and 17 MW utility‑scale, largely fueled by the Green for Households subsidy and EU Resilience and Recovery Fund support....
We measure the capacity of our transmission grid using a slide rule. Modern sensors unlock 40% more capacity that's already there. Add batteries on both sides of the grid and you solve congestion at 90% less cost. The tech has existed for...
Researchers at Ulm University and Friedrich‑Schiller‑Universität Jena have created a water‑soluble redox copolymer that functions as a molecular solar battery, achieving over 80% charging efficiency and storing energy for several days. The stored electrons can be released on demand as...
Oʻahu’s clean‑energy roadmap is technically viable, with solar, batteries, district cooling and limited wind meeting the island’s roughly 6,000 GWh annual demand. The real obstacles are land‑use constraints, a fragmented regulatory and interconnection process, and high electricity costs that threaten affordability....
Gasoline, Diesel Price Surges May Mirror 2008, 2022 - US average gasoline and diesel prices have approached the $4 and $5 a gallon thresholds, raising the prospect of greater consumer and economic stress -- and peaks akin to 2008 and...
The data‑center industry is confronting a new bottleneck as AI workloads push campuses toward gigawatt‑scale power consumption. Traditional copper distribution struggles with cost, space, and heat, prompting executives like MetOx CEO Bud Vos to champion high‑temperature superconducting (HTS) cables as a...
President Ferdinand Marcos Jr. signed Executive Order 110 on March 24, declaring a one‑year state of national energy emergency in the Philippines. The order responds to the Middle‑East conflict that has disrupted global oil supplies and driven price volatility. It creates the Unified Package...
India’s Ministry of New and Renewable Energy has expanded its Approved List of Models and Manufacturers (ALMM) framework to include solar ingots and wafers, creating ALMM List‑III that will take effect on June 1, 2028. The mandate forces all qualifying solar projects...
Nebraska lawmakers have advanced LB1010, the Large Load Customer Regulation Act, to clarify eminent‑domain rights, regulation and taxation for battery energy storage systems (BESS). The bill also mandates data‑centre electricity‑use disclosures and updates provisions affecting cryptocurrency mining. Nebraska is the...
Dr. Anas Alhajji argues that the U.S. is a major winner from the Hormuz crisis, aligning with the November 2025 National Security Strategy that ties AI dominance to cheap, abundant energy. By disrupting the Strait of Hormuz, oil and gas...
ERCOT introduced Real‑Time Co‑Optimization plus Batteries (RTC+B) in December 2025, integrating energy and ancillary services with five‑minute co‑optimisation and explicit state‑of‑charge constraints. Early data shows battery offers adjusting, ancillary service prices rising, and a shift from “structural alpha” to “system alpha”...
Japan will begin releasing oil from its strategic reserves on Thursday to blunt rising fuel prices triggered by the U.S.–Israel‑Iran conflict, while the cabinet also approved mandatory ID checks for data‑only SIM cards to curb fraud. At the same time,...
European Investment Bank approved a €90 million ($98 million) loan to the Port of Rotterdam Authority to fund shore‑power installations at three deep‑sea container terminals. The loan is complemented by a €70 million ($76 million) European Commission grant, bringing total public financing to roughly...
DNV has helped Grenergy Renovables secure financing for its Central Oasis solar‑plus‑storage portfolio in Chile. The 398 MW solar PV and 1.4 GWh battery complex spans the Maule and Bíobío regions. International lenders, led by BNP Paribas with Santander and Rabobank, provided the...
Recent Iranian missile strikes and drone attacks have caused the largest supply disruption in oil market history, removing roughly 8‑10 million barrels per day, including a 2 million‑bpd cut from Saudi Arabia and a 6.7 million‑bpd reduction across the Gulf. This shock has...
Nuclear reactor developer X‑Energy, backed by Amazon, has filed for a Nasdaq IPO under the ticker “XE”. The company is pursuing more than 11 GW of small modular reactor (SMR) capacity in the United States and the United Kingdom, targeting high‑ass‑low‑enriched...
SAIC’s MG brand unveiled its SolidCore Battery, a semi‑solid‑state pack slated for mass production and European vehicle fitment by the end of 2026. The technology promises longer range, faster charging, superior low‑temperature performance and enhanced safety through a solid electrolyte...
Chinese researchers demonstrated that coupling an energy‑tower heat pump with either an evaporator‑side boiler or a solar‑thermal system dramatically improves winter heating efficiency in commercial retrofits. The two configurations achieved the highest coefficients of performance—1.904 and 1.891—far surpassing the 1.595...
A massive fire erupted at Valero Energy's Port Arthur, Texas refinery on Monday, disrupting a key Gulf Coast fuel hub. The incident, linked to a heater‑unit malfunction, has regulators and traders watching for possible impacts on gasoline and jet fuel...
Škoda has refreshed its Elroq and Enyaq electric line‑up for the 2026 model year, introducing lithium‑iron‑phosphate (LFP) batteries in the base‑grade Elroq 60 and Enyaq 60. The new APP350 motor provides 350 Nm of torque while output dips slightly to 140 kW, and charging...
Amazon and Lidl are working with the UK government to clear the way to sell plug-in solar panels for the first time. In response to the conflict in Iran, which sent fossil fuel prices soaring, the UK Department for Energy Security...
Grid-forming BESS set to stabilize Australia’s hyperscale data centers #energysky -- via pv magazine global: https://t.co/NMhr7SsJSJ https://t.co/wI37g0CtVc
Envision Energy’s Michael Koller discussed Europe’s evolving energy‑storage landscape at the Energy Storage Summit 2026 in London. He highlighted market uncertainties in Germany, while noting Spain’s rapid solar‑PV hybrid growth. The interview also covered emerging technologies such as grid‑forming inverters,...
BRUSSELS, March 24 (Reuters) - The European Union does not have a new date to communicate regarding its plan to fully phase out Russian oil, previously scheduled for April 15, Commission spokesperson Anna-Kaisa Itkonen said on Tuesday.
Is the Strait of Hormuz still closed and will the global oil industry drain down ~15 million barrels of petroleum stocks outside the Middle East today alone because of it? https://t.co/YQqTHgKaN9
Researchers introduced a carbon‑coated NiFe alloy (NiFe@NC) that uses a thin carbon shell to electronically reconfigure the catalyst surface, facilitating CO desorption and suppressing hydrogen evolution. Density‑functional theory and in‑situ spectroscopy confirm the electronic reconstruction and protective role of the...
Why the war in the Middle East will have long term impacts on energy prices and our energy security. I talked to TRT World last night. https://t.co/Tia1QYZDBJ
The oil price is a combination of two things: (i) a physical shortage of oil in the here and now; and (ii) expectations for how long this conflict lasts. The latter channel is by far the more important one in...
Nigeria’s Dangote Petroleum Refinery has dispatched 12 petroleum‑product cargoes to five African markets, positioning itself as a regional alternative amid soaring Middle East oil prices and supply shocks. The move comes as Nigeria grapples with domestic fuel price spikes and...
JPMorgan Chase & Co. says aging, run-down grid infrastructure now risks undermining security goals, with everything from extreme weather to cyberattacks posing a growing threat. https://t.co/7x2Dguwv4W
"Petrochemical Shutdowns Spark Industry Shock, Asian Markets Plunge: Naphtha shortages force South Korea, Japan plant halts as Asian stocks crash amid supply fears" https://t.co/SZ6pwkCiSi https://t.co/se32khyggJ
International Energy Agency Executive Director Fatih Birol warned that the global economy faces a major threat from tightening energy markets. He cited recent oil price volatility, green hydrogen deals and geopolitical tensions as key drivers of the risk.
German Economy Minister Katherina Reiche is pushing gas companies to diversify beyond the US 🇩🇪 🚢 Reiche said Germany is also pursuing agreements with Angola, Mexico, Canada and other suppliers worldwide https://t.co/YsSeBtLmvB https://t.co/RPngivFPz4
President Donald Trump announced a five‑day delay to planned strikes on Iran’s power grid and energy plants, citing “very good and productive conversations.” The pause comes as Iran’s energy infrastructure faces ongoing attacks, tempering volatility in global oil and gas...
SolaX Power’s ORI 5 MWh large‑scale energy storage system successfully completed the world’s first UL‑led system‑level deflagration test under the proposed UL 9540A:2025 framework. Real lithium‑ion cells were driven into thermal runaway while the emergency ventilation remained closed, forcing the pressure‑relief structure...
The article argues that Canada’s oil‑sands producers do not receive special tax breaks, but operate under the same expense‑deduction rules that apply to all businesses. In 2024 the sector employed roughly 900,000 Canadians and contributed about $5.9 billion USD in taxes,...
The Philippines, which imports over 90% of its petroleum, faces a potential fuel shortage if Middle East tensions disrupt global oil routes, especially the Strait of Hormuz. DOE Secretary Sharon Garin warned that gasoline stocks could last about 64 days...
GS: Increasing Evidence of Oil Demand Destruction, Especially in Asia and for Jet Fuel https://t.co/ZXj2aGuaMX
