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:
'We’re Not Selling and We’re Not Giving Way': Lone Farmer Defeats Tennessee's TVA as US Electricity Giant Grapples with Exploding...
The Gregory family’s 650‑acre farm, in operation since 1787, successfully blocked the Tennessee Valley Authority’s plan to carve a 100‑foot power‑line corridor across its land. The dispute highlights the clash between TVA’s push to meet exploding AI‑driven data‑center electricity demand and rural landowners’ rights. After a public petition and viral advocacy, TVA rerouted the line in March 2026. The case underscores how community resistance could delay infrastructure needed for Google, xAI and other AI megaprojects amid a sluggish legislative response.
The $19B "Nuclear AI" Energy Startup That Couldn't Sign a Single Client
Fermi, a Texas‑based “Nuclear AI” startup, went public in October with a market value exceeding $19 billion despite having no revenue or signed customers. The company promised to build a 5,000‑acre campus capable of generating 17 GW of power—enough for three times...
Cut Large‑Cap Oil Exposure Amid Market Rout
MOEX flat as Brent -5.1% and gold up; RUB steady. LUKOIL -4.9% led declines; PhosAgro/Magnit outperformed. Risk: oil rout pressures energy. Insight: reduce exposure to large-cap oil names. 🛢️ — Viktor Kopylov, PhD, CFA. More insights: t.me/si14Kopylov
Living Without Fossil Fuel Is Harder Than We Think
Journalist Caitlin Cassidy attempted a day without any fossil‑fuel‑derived products and quickly discovered the pervasive reliance on petrochemicals in everyday items, from packaging to cotton towels. Professor Yuan Chen explained that even bio‑based goods often depend on petrochemical fertilizers and...
Hormuz Closure Drives Further Oil Price Spikes
My take on oil price spikes with @MarioNawfal : "On March 29th, I predicted that we would have a spike in the price of oil at the end of April, and we did. If Hormuz stays shut for much longer, more...
Gasoline Is 59 Cents From Record High, Diesel Only 19 Cents Away
U.S. gasoline prices are now just $0.59 per gallon below their all‑time peak, while diesel sits a mere $0.19 away from its record high, according to the latest AAA national average data. The surge reflects tighter global oil markets, lingering...
IMO Chief Says China Leads Green Shipping Push as Fuel Costs Surge
IMO Secretary‑General Arsenio Dominguez said China’s advances in port electrification and clean‑tech exports are propelling the global maritime sector toward decarbonisation. The comment comes as marine fuel prices remain high and shadow‑fleet activity in the Strait of Hormuz underscores geopolitical...
NextEra Energy Seeks $100 Million Exemption for Maine's Largest Oil Plant
NextEra Energy, owner of Wyman Station, has asked the Maine Department of Environmental Protection for a clean‑air exemption, arguing that installing $100 million scrubbers is uneconomical for a plant that operates less than two weeks annually. Regulators, community members and environmental...
AMPIN Energy Transition Appoints Ritesh Singhi as COO to Drive Utility-Scale Growth
AMPIN Energy Transition announced the appointment of Ritesh Singhi as chief operating officer. The veteran executive will lead the company’s utility‑scale business, leveraging more than two decades of renewable‑energy experience to accelerate project execution and strategic growth.
$3.2 Million Awarded For Tribal Solar Projects
Tribal Energy Alternatives, a tribal‑led affiliate of GRID Alternatives, awarded $3.2 million in grants to 14 Tribal Nations and related organizations. The funding will enable the installation of approximately 1,496 kW of solar capacity, driven largely by tribal contractors and trainees. In...
China's Solar Export Boom Reflects Trade, Not Transformation
China solar exports surged, says @captsingh The surge is real—but it’s mostly trade flow, not system transformation. “Solar exports” bundles panels, cells, and components, and high % growth off small bases exaggerates the story. What’s being shipped is not the same as...
Saudi Arabia Set For Oil Windfall After Hormuz Boosts Prices
The blockade of the Strait of Hormuz has split Gulf oil exporters, giving Saudi Arabia and Oman a revenue boost while the UAE sees a sharp decline. Saudi rerouted 4 million barrels daily to the Red Sea, lifting weekly oil revenue...
Russia’s Oil Revenues Surge as the World Scrambles for Supply
Asian buyers are snapping up discounted Russian crude as global supply tightens, driving a sharp rise in Moscow’s oil revenues. China imported a record over 100 million tonnes in 2024, while India’s imports doubled to about 2.25 million barrels per day in...
FERC Imposes $1.1 Billion Penalty for Alleged ‘Brazen’ Capacity Market Fraud
On April 15, 2026, FERC issued a unanimous order penalizing six affiliates of American Efficient with a total of roughly $1.1 billion for alleged capacity‑market fraud. The companies must return about $410 million in unjust profits and pay a $722 million civil penalty...
Chevron's Production Soared Along With Oil Prices in the First Quarter, But Its Profits Fell. What Happened With the Oil...
Chevron's Q1 adjusted earnings fell to $2.8 billion, or $1.41 per share, despite Brent oil climbing to $81 a barrel. Production rose 15% year‑over‑year, driven by the Hess acquisition and U.S. growth, but slipped from the prior quarter because of Middle‑East...
Inside BP’s Dramatic Pivot Back to Oil and Gas
BP’s new chief executive Meg O’Neill has dismantled the company’s sprawling structure, reinstating separate upstream and downstream divisions and abandoning its recent renewable‑energy push. In the first quarter of 2026, BP reported a before‑tax profit of $3.2 bn, more than double...
Electric Fire Trucks Grow, Yet Adoption Trails Buses and Garbage Trucks
Electric fire trucks are now in active service in cities like Vancouver, but they remain far less common than electric buses or garbage trucks. The high cost, custom designs and slow public‑procurement cycles are slowing adoption, raising questions about charging...
NuScale Advances 426‑MW SMR Project, Europe’s First Operational Small Modular Reactor
NuScale Energy is pushing ahead with a 426‑megawatt small modular reactor that would become Europe’s first operational SMR, targeting commercial operation in about seven years. The project’s projected electricity cost of $89‑$102 per MWh pits it against cheaper solar‑plus‑battery solutions...
Gas Prices Are Surging Fastest in 5 States that Backed Trump — and Consumer Sentiment Hit an All-Time Low
Gas prices in the United States have surged above $4 per gallon, the highest level since July 2022, as crude oil climbs past $100 a barrel amid the Iran conflict. The five Midwestern states that supported Donald Trump in 2024—Indiana, Michigan,...
Occidental Names COO Richard Jackson as CEO, Effective June 1
Occidental Petroleum said COO Richard Jackson will become president and chief executive on June 1, 2026, succeeding Vicki Hollub, who will retire after a decade at the helm. Jackson will also join the board, while Hollub remains as a director, ensuring continuity...
Oil Prices Spike to $111.4 Brent, $105.4 WTI as Iran‑U.S. Ceasefire Gains Traction
Brent crude jumped to $111.42 a barrel and U.S. WTI to $105.40 after the White House announced a ceasefire with Iran, reviving optimism in the market. The price rally follows a brief plunge when early reports suggested Iran’s response to...
Impact of UAE’s Exit From OPEC
The United Arab Emirates has formally exited OPEC, giving the world’s third‑largest oil exporter freedom to set its own production levels. By pledging a gradual increase in output, the UAE could add modest supply that eases price pressures in the...
Solar Booms in Industrial US Midwest as Energy Crisis Persists
D3Energy’s floating‑solar project on Lima, Ohio’s Twin Lake Reservoir installs over 3,400 panels across four acres to power a 24‑hour water‑treatment plant. The system, part of a broader Midwest shift toward clean energy, is projected to save the city roughly...
EV, Solar Loans Emerge as Bright Spots for Banks
Philippine banks BDO Unibank and Bank of the Philippine Islands are tapping electric‑vehicle (EV) and residential‑solar loans as a nascent growth engine amid soaring oil prices and grid‑price volatility. BDO’s sustainable‑finance portfolio reached roughly $22 billion in 2025 and it arranged...
The Great American Gas Trap: Why Upstream Producers Are Watching Billions Slip Away
U.S. natural‑gas producers are watching a domestic glut drive Henry Hub prices to a 17‑month low of $2.78/MMBtu while Asian and European LNG markets fetch three‑to‑five times more. Pipeline capacity and LNG export terminals are maxed out, leaving Permian spot...
Pemex Faces a Reckoning After Major Oil Spill
Pemex’s February pipeline leak released about 800 tons of crude, creating a 370‑mile oil slick along Mexico’s Gulf coast and harming fishing and tourism. The spill contradicted earlier company denials, prompting the CEO to announce executive resignations and a safety‑protocol overhaul....
Ukraine Steps up Attacks on Russian Oil Infrastructure to Record Monthly High in April
Ukraine intensified its long‑range missile campaign in April, carrying out a record 21 strikes on Russian refineries, sea terminals and pipelines. The attacks forced daily refinery throughput down to 4.69 million barrels, the lowest level since December 2009. Analysts estimate the assaults...
US Still Reliant on Persian Gulf Oil and Resources
Tell me again how the Persian Gulf does not impact the US? 8% of our oil imports (approx 250M bbls) comes through the Strait of Hormuz. The world is pulling WTI crude out of the US at record levels, along with refined...
India's Ethanol Push Drains Water, Worsens Crisis
10,000 litres water for one litre of ethanol: India's fuel push to worsen water crisis.
Electric Bus Sales up 19% in Jan–Apr; JSW Entry Signals New Capacity as April Sales See Dips
India’s electric bus market expanded 19% year‑on‑year in the first four months of 2026, with registrations reaching roughly 1,868 units versus 1,571 a year earlier. April dispatches dropped 37% to 347 units after a March surge, highlighting the influence of...
Historic Tennessee Farm Halts TVA Line with Celebrity Support
A Revolutionary War era farm in Tennessee blocked TVA's power line using social media, petitions, and help from country star John Rich. https://t.co/paP4pkRuYD
U.S. Shifted From Energy Pillar to Global Instability
Good diagnosis, wrong conclusion. @gbrew24 is right that America turned from bulwark of the global energy system into its biggest source of instability. But mourning the Carter Doctrine misses what actually happened in the meantime. 🧵
Beijing Tells Chinese Firms to Ignore US Sanctions on Refiners
China has instructed domestic companies to disregard U.S. sanctions targeting five local refiners tied to Iran's oil trade. The move follows recent penalties that froze assets and banned transactions for firms such as Hengli Petrochemical (Dalian) Refinery Co. Beijing's directive...
Focus on Physical Strain, Not Financial Conspiracy
Wrong level of analysis @Lucaswb8928 This is a physical system under strain, not a financial conspiracy. You’re obsessing over a science project while the science building is collapsing. Follow the barrels. #OilMarkets #EnergyIsTheEconomy #Macro #Commodities
77% Blame Trump for Gas Price Surge, Reject His Claim
According to CNN, 77% of Americans blame Trump for the SURGE in US gas prices. TRUMP IS TRYING TO ARGUE THAT GAS PRICES ARE LOWER NOW THAN WHEN THE US-ISRAELI WAR ON IRAN STARTED. Americans clearly know that this is NONSENSE. https://t.co/Cn5er0GOt5
Exported Cells and Wafers Are Real Hardware, Not Narrative
Exported cells & wafers are exported hardware @m_schouten Look at the data instead of the narrative #Solar #EnergyTransition #China #TradeFlows #Commodities #EnergyReality #Macro #DataVsNarrative https://t.co/bWOZGw7HIG
Ignore Spare Capacity; Market Already Lost a Billion Barrels
Why obsess over “spare capacity” when the market has already lost ~1 billion barrels since the Iran war @m_schouten ? You’re treating a hangnail while the system is bleeding out. https://t.co/Ch2wZqDzda
Pakistan Eliminates Licensing Fees for Small PV Systems
Pakistan plans to scrap licensing fee for PV systems up to 25 kW #energysky -- via pv magazine global: https://t.co/QhufLsMpEx
DOE Chief Urges Faster U.S. Project Approvals
US administration ‘must make it easier to get things built,’ DOE chief of staff says #energysky -- via Energy Storage News: https://t.co/8GzwRZKduC
Molecules Store Long-Term Energy in Internal States
🧪⚛️It's worth remembering that energy can be stored for the long term in the *internal* states of molecules. Here's a discussion of an old example and recent one from an article in Science last week. https://t.co/CNMCKBJ4EI
Trump's Strike on Iran Oil Could Cripple Global Supply
Targeting Iran’s oil infrastructure could be Trump's decisive move, writes @HolmanJenkins Losing that supply is a structural hit to a tight global system with lasting fallout. https://t.co/nRhyrPO9q8 #OilMarkets #IranWar #EnergyIsTheEconomy #Macro #Commodities
Ethiopia Surpasses Europe: 60% New Cars Are Electric
In 2024, more than 60% of new cars sold in Ethiopia were fully electric. That’s not a typo. Ethiopia is one of the world’s least motorised countries. It now ranks alongside global EV leaders by share of new car sales. Ahead...
U.S. Steel Supply Chain: Cleveland Cliffs Dominates Specialty Steel
The Frontier Map substack has a lot of great stuff on infrastructure, such as this post on 'the steel that runs the grid'. Cleveland Cliffs is the sole domestic supplier of the specialty steel; Hitachi, Vernova, and Siemens make...
Solar, Wind Surge Cuts India's 2025 Fossil Output 3.3%
Record solar, wind surge drives 3.3% drop in India’s fossil generation in 2025 #energysky -- via pv magazine global: https://t.co/s9it9U9FSC https://t.co/VqcgeSrVRf
China Blocks US Sanctions on Five Iranian‑oil Firms
The Ministry of Commerce issued Announcement No. 21 of 2026, announcing a blocking order against the United States' sanctions on five Chinese companies related to Iranian oil. https://t.co/xIHxp0dzEa
Clean Energy Needs Thousands of Midsize Firms, Not Giants
Clean energy won't be won by 5 giants. It'll take a million companies doing $10M/year — or 100,000 doing $100M — to hit trillion-dollar scale. That's exactly how we got here. https://t.co/rdA6J5tqgJ
US Announces Preliminary Anti-Dumping Duties on Solar Imports
U.S. government sets preliminary anti-dumping duties on solar imports from India, Indonesia, and Laos #energysky -- via pv magazine global: https://t.co/s1Ki33oLMF
Brent Climbs to $108.17, Monday May See Drop
Brent futures price rose $2.82 from $105.33 to $108.17 week ending May 1 Downward price pressure is likely on Monday based on 12-month spreads #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket https://t.co/rTch11BKet
Matrix Renewables, BW ESS Lock Financing for 2.2 GWh UK BESS
Matrix Renewables, BW ESS secure finance and offtake for over 2.2GWh of UK BESS #energysky -- via Energy Storage News: https://t.co/DiGtBDgnSo
Iran's Oil Cuts Aren't Catastrophic, Past Cuts Proved It
The level of nonsense about Iran’s oil production in the media and social media is insane. Ok, they cut production. So What? They’ve cut production by over 50% before — fields stayed fine, system didn’t collapse. https://t.co/VG4B5bTmNy