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:
Thinking of Plug-In Solar? Expert Highlights a Key Reason some UK Homes May Not Be Ready for It
Plug‑in solar panels are gaining attention in the UK as a low‑cost entry to household renewable energy, but experts warn that electrical system readiness varies widely. Renewables Electrical Engineer Kian Milroy of Heatable stresses that a simple plug‑in does not guarantee safety; older homes with modern consumer units may be safer than newer properties with DIY‑type wiring. He recommends homeowners inspect sockets, breakers and fuse boxes for signs of wear before installation. The technology offers modest daytime power, best suited to occupants who are home during daylight hours.
Geothermal Power: Mars' Viable Renewable Energy Option
Can clean, renewable energy sources be used on Mars? Mars is a cold, barren planet far from the sun, and with little atmosphere and no flowing water. If people were to live there, could they obtain their energy from clean, renewable...
Price Of Petrol And Diesel To Increase From Wednesday
South Africa's Department of Petroleum and Mineral Resources announced that, effective Wednesday, pump prices will rise by R3.27‑R6.19 per litre for petrol and diesel. The increase is partially offset by a R3 reduction in the general fuel levy for petrol...
How Performance-Based Regulation for Utilities Can Go Wrong
Performance‑based regulation (PBR) shifts utility oversight from prescriptive rules to outcome‑based incentives, rewarding or penalizing utilities based on metrics such as reliability, safety, and efficiency. While proponents argue PBR aligns utilities with modern energy challenges—distributed resources, smart grids, and storage—poorly...
As Oil Prices Stay High, China Doubles Down on Wind Power
China is accelerating its wind‑power rollout as oil prices surge amid the Iran conflict, installing enough capacity last year to equal three times the rest of the world combined. Chinese turbine makers now dominate the global market, holding all six...
Duke Lags on Goals, Should Concern Climate Investors Ahead of Shareholder Meeting
The Sierra Club is urging climate‑focused investors to vote against Duke Energy directors Theodore F. Craver, Jr., and Robert M. Davis at the May 7, 2026 shareholder meeting, citing the utility’s backsliding on climate commitments. Duke received an F (11 %) on the Sierra Club’s 2025 Dirty...
ADB Commits $70 B to Power‑Grid and Broadband Projects Across Asia‑Pacific by 2035
The Asian Development Bank announced a $70 billion financing plan to build cross‑border power grids and expand broadband access across the Asia‑Pacific region by 2035. The package includes $50 billion for the Pan‑Asia Power Grid Initiative and a substantial, yet undisclosed, share...
Guangxi Steel Plant Cuts Coal Use by 60,000 Tonnes Using AI Model
Guangxi Iron & Steel, a Liuzhou Steel Group subsidiary, has fully embedded the Xuantie AI model across its blast‑furnace complex, delivering an 8.5% rise in production efficiency, saving roughly 60,000 tonnes of standard coal and cutting 262,000 tonnes of CO₂...
Vietnam Proposes Revised Power Decree to Improve Financial Viability of LNG Projects
Vietnam’s Ministry of Industry and Trade has drafted amendments to Decree 56/2025 to improve the financial viability of LNG‑fired power projects. The proposal raises the minimum contracted electricity output (Qc) from 65% to 75% and extends the guarantee period to...
Climate Trunk
Climate Trunk launches a two‑year series of weekly infographics that together form a visual “tree of knowledge” on climate science, policy, impacts and justice. The initiative uses a trunk‑and‑rings metaphor to organize each new visual as a coherent layer that...
The Commodities Feed: Middle East Re-Escalation Pushes Oil Prices Higher
The cease‑fire between the United States and Iran is unraveling, with U.S. forces striking Iranian boats and Iran allegedly hitting a U.S. warship and UAE infrastructure. Brent crude rallied 5.8% to settle above $114 per barrel, while Fujairah port—crucial for...
Russian Think Tank Cuts 2026 Growth Forecast to 0.5%-0.7% Amid Oil Production Disruptions
The TsMAKP think tank, linked to the Russian government, reduced its 2026 GDP growth projection to 0.5%-0.7% from 0.9%-1.3%, citing Ukrainian drone strikes, new Western sanctions and falling oil export volumes. The downgrade comes even as global crude prices have...
ECB and Bank of England Hold Rates as Energy‑Driven Inflation Persists
The European Central Bank and Britain’s Bank of England both kept their policy rates steady this week, with the BoE holding its base rate at 3.75%. Officials warned that volatile oil and gas prices keep inflationary pressure alive, limiting any...
Diamondback Energy Lifts Shale Output to 520,000 Bpd Amid Iran‑Driven Oil Rally
Diamondback Energy announced it will increase U.S. shale output to more than 520,000 barrels per day, 3% above its full‑year guidance, as oil prices climb on the back of the Iran war. The move signals confidence in the price outlook...
U.S. Crude Stocks Drop 6.2 Million Barrels, Fuel Inventories Shrink, Fueling Price Gains
U.S. crude oil stockpiles plunged 6.2 million barrels to 459.5 million barrels in the week to April 24, while gasoline and distillate inventories fell by roughly 1.7 and 2 million barrels respectively. The draw, far larger than analysts’ expectations, bolsters...
US Oil Exports Hit Historic Record Levels
⚠️America has NEVER exported more oil in history: Total US crude oil and petroleum product exports surged to a RECORD 14,179 thousand barrels per day last week. US crude exports alone surged above 6 million barrels per day👇 https://globalmarketsinvestor.beehiiv.com/p/the-s-p-500-gained-for-the-5th-straight-week-weekly-market-recap-trading-week-18-2026
NEV Charging Spikes 55.6% on May Day, Signaling Travel Shift
Xinhua: "China's highway NEV charging volume jumped 55.6% year on year on the first day of the five-day May Day holiday, underscoring a fundamental shift in travel patterns as electric vehicles have become a popular choice for long-distance journeys." https://t.co/ugj5Om5aIa
Philippines Could Cut $28 Million in Fossil Fuel Imports by Meeting 2030 Solar Target, Says Report
A Zero Carbon Analytics report estimates that hitting the Philippines' 9.5 GW solar goal by 2030 could shave roughly $28 million off coal and gas import bills. The avoided spending breaks down to about $23.6 million in LNG costs and $4.5 million in coal...
Verogy Finishes Seven Solar Projects for Connecticut Trade Schools
Verogy completes 7 solar projects for Connecticut trade school system #energysky -- via Solar Power World: https://t.co/MrH2KsbGLi
Ceasefire Boosts Iran's Leverage, Leaves U.S. Goals Vague
The ceasefire shifted the war in Iran's favor, suggests @Rory_Johnston By keeping pressure on flows and the global economy without absorbing direct strikes, Tehran improved its leverage U.S. goals are still unclear. That’s not progress...except for Iran. #oil #Iran #geopolitics #energy #markets
Sawlog Residues Locked Out of US Biomass 216 to 210 on House Floor
The House rejected Congressman Cliff Bentz's amendment to expand the Renewable Fuel Standard (RFS) to include sawlog residues and other wood processing leftovers, voting 216‑210 on April 30. The amendment aimed to create a domestic market for low‑value wood by...
Iran Remains Resilient, Matching US with Cheap Drones
Iran is NOT being more "malleable" Attacking Fujairah isn't Iran turning over a new leaf Iran knows it can see and match any hand the US has with a few cheap drones. Time for reality. That doesn't sell on Fox News. #oil #Iran #geopolitics...
Chevron CEO Admits Oil Market Is Totally Doomed
Allow me to translate @TheChiefNerd Chevron CEO is saying "We're totally f**cked" Any questions? #oil #energy #inflation #markets
Agriculture and Manufacturing Call for National Ethanol and Biodiesel Mandate
Agriculture and manufacturing bodies representing more than 150,000 farms and 16 sugar plants have urged the Australian government to impose an immediate national ethanol and biodiesel mandate. They argue the policy would expand domestic low‑carbon fuel production, improve fuel security...
Strait of Hormuz Closed Until Insurers Approve Risk
The Strait isn’t “open” because a navy says so It’s open when insurers, shipowners, and crews decide the risk is acceptable. Right now, it's CLOSED #oil #Hormuz #shipping #energy #markets https://t.co/KM8CM0Dffv
Virginia Approves Dominion's NEM 2.0, Mirrors NEM 1.0
Virginia corporation commission approves Dominion Energy NEM 2.0 that looks very similar to NEM 1.0 #energysky -- via pv magazine usa: https://t.co/dCdhV3RqEe
Chevron's 3.7% Yield Beats ExxonMobil's 2.7%, Making It the Favored Income Stock
Chevron's dividend yield of 3.7% tops ExxonMobil's 2.7%, giving income‑focused investors a higher cash‑flow option. Both majors boast low debt‑to‑equity ratios, but Chevron's recent Hess merger adds execution risk.
Tesla Earns Australia’s First Emissions Credits, Storage Profits Outpace EVs
Tesla pockets first emissions credits in Australia, as storage revenues trump EVs again #energysky -- via Renew Economy: https://t.co/d7VIQBxoLI https://t.co/EYXB4ZI6Vi
Meta Secures 250 MW Solar PPA with EDP in Arkansas
Meta signs 250-MW PPA on EDP Renewables’ Arkansas solar project #energysky -- via Solar Power World: https://t.co/ihdQYVSFSc
Singapore, New Zealand Ink Supply‑Chain Pact to Safeguard Fuel, Food, Medical Goods
Singapore and New Zealand signed the Agreement on Trade in Essential Supplies, committing to keep fuel, food, medical and construction goods moving during crises. The deal ties roughly one‑third of New Zealand’s fuel needs to Singapore refineries and secures about 14% of...
Strait of Hormuz Turmoil Sends Shockwaves Through Oil Markets
Spoke with CBC's Power and Politics this evening about the chaotic past 24 hours in the Strait of Hormuz and what it all means for oil markets. https://t.co/WgW8feXlpU
Oil Executives Warn of Emerging Western Physical Shortages
Oil Execs: 'We are starting to see physical shortages emerge in the west' Market: https://t.co/s25BclzDwg
Hill District Solar Array Turns Historic Roof Into Power Hub for 33 Homes
Pittsburgh Gateways’ Energy Innovation Center installed a $1.2 million, 530‑panel solar array on the former Connelley Trade School roof. The system will produce 350,000 kWh a year—about 20% of the building’s demand—and supply enough electricity for 33 local homes, delivering $50,000 of...
Extending Gas Pipelines to New Homes Is Illogical
Really makes no sense to extend the natural gas grid for new residential neighborhoods. https://t.co/jjXKsG4tQ2
US Regulator Revamps Rules for Next‑gen Nuclear Reactors
Top US nuclear regulator is rewriting its rules for new era of reactors #energysky -- via Canary Media: https://t.co/mMeoJsGiWI
UK Sets New Solar Generation Records and Greenlights Its Largest Solar Farm
Britain recorded 14.1 GW of solar output on Monday and topped it at 14.4 GW on Tuesday, while ministers approved the 180‑MW Springwell solar farm in Lincolnshire, the country's largest ever. The twin milestones signal a swift shift toward homegrown low‑carbon electricity.
America’s New National Security Threat: Farmers With Wind Leases
The Trump administration has put a pause on roughly 165 on‑shore wind projects sited on private farmland, citing national‑security concerns. The stalled projects would generate about 30 GW of power, enough to affect regional grids and local tax bases. The Department...
Occidental Appoints COO Richard Jackson as CEO as Vicki Hollub Retires
Occidental Petroleum's board unanimously appointed COO Richard A. Jackson as president, chief executive officer and director, effective June 1, 2026, when Vicki Hollub retires. Jackson will earn a $1.4 million base salary, a target cash incentive equal to 150% of salary...
Iran War Spurs Recession Fears as IMF Warns of Severe Global Fallout
Oil prices have surged more than 50% since the U.S.-Iran conflict began on Feb. 28, lifting Brent to $111 a barrel and sending the S&P 500 to a fresh intraday high. Energy analyst Amrita Sen warned investors are "sleepwalking" into...
Australia's Geelong Refinery Outage Extends, Tightening Fuel Supply
Viva Energy announced that the fire-hit Geelong refinery will operate at reduced capacity for at least six weeks, cutting petrol output to about 60% and diesel and jet fuel to roughly 80%. The prolonged outage deepens Australia's fuel shortage risk...
China Tightens Carbon Rules, Accelerates Renewable Growth
China tightens carbon accountability framework, strengthening structural push for renewables #energysky -- via pv magazine global: https://t.co/8dNnrwmmlv
California Probes Trump Administration Deal to Cancel Offshore Wind Lease
California Energy Commission opened a probe into a $120 million payout made by the Trump administration to Golden State Wind LLC to cancel an offshore wind lease off the central coast. The investigation seeks to determine whether the payment, part of...
Talos Energy Inc (TALO) Q1 2026 Earnings Call Transcript
Talos Energy reported a strong 2025 performance, delivering $1.2 billion adjusted EBITDA, $418 million adjusted free cash flow and a 30% lower operating cost versus offshore peers. The company generated $72 million in free‑cash‑flow improvements—half recurring—and returned roughly 44% of free cash flow...
Devon Energy Corp (DVN) Q1 2026 Earnings Call Transcript
Devon Energy announced a merger with Cotera Energy that aims to generate $1 billion of pretax run‑rate synergies by the end of 2027. The company reported $3.1 billion of free cash flow for 2025, supporting a $2.2 billion shareholder return package and a...
EVgo Inc (EVGO) Q1 2026 Earnings Call Transcript
EVgo reported a 50% revenue surge to $384 million in 2025, with fourth‑quarter sales jumping 75% to $118 million. The company achieved adjusted EBITDA breakeven for the first time, posting a positive $25 million in Q4 after a $24 million contract buyout. Its network...
Public Service Enterprise Group Inc (PEG) Q1 2026 Earnings Call Transcript
Public Service Enterprise Group (PEG) posted first‑quarter 2026 net income of $1.48 per share and non‑GAAP operating earnings of $1.55 per share, both up year‑over‑year. The utility invested roughly $800 million in the quarter, staying on track for a $4.2 billion full‑year...
Southwest Gas Holdings Inc (SWX) Q1 2026 Earnings Call Transcript
Southwest Gas Holdings reported adjusted net income of $203.9 million for 2025, an 8.7% increase, and adjusted EPS of $3.65, up 19% year‑over‑year. The company set 2026 adjusted EPS guidance at $4.17‑$4.32 and raised its annual dividend 4% to $2.58 per...
Kosmos Energy Ltd (KOS) Q1 2026 Earnings Call Transcript
Kosmos Energy reported strong Q1 2026 progress, highlighting 1P reserve replacement of 90% (120% excluding the pending Equatorial Guinea divestiture), Jubilee field production above 70,000 barrels per day with a new 13,000‑bpd well, and GTA LNG output averaging 2.9 million tonnes...
Bristow Group Inc (VTOL) Q1 2026 Earnings Call Transcript
Bristow Group reported adjusted EBITDA of $246 million for 2025, a 4% increase year‑over‑year, and reaffirmed its 2026 outlook with adjusted EBITDA projected between $295 million and $325 million, roughly 25% growth. Total revenue rose to $1.46 billion, and the company...
Greenfire Resources Ltd (GFR) Q1 2026 Earnings Call Transcript
Tetra Technologies reported Q1 2026 revenue of $156 million and adjusted EBITDA of $26 million, both ten‑year quarterly records when excluding the prior year’s Gulf of America Neptune benefit. Completion Fluids and Products generated $92 million, up 13% sequentially and 15% year‑over‑year, while...