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
The New Jersey Board of Public Utilities approved incentives for three transmission‑connected battery projects totaling 355 MW and simultaneously opened a solicitation for an additional 645 MW of standalone or solar‑plus‑storage capacity. The combined 1 GW procurement meets the BPU’s short‑term target and represents half of the state’s 2 GW storage goal for 2030. Projects such as the 200‑MW Woods Landing and 150‑MW Two Rivers facilities will be sited at former fossil‑fuel plants, saving ratepayers more than $169 million over the program’s life. The timing positions the assets for participation in PJM’s upcoming residual capacity auction and expands New Jersey’s community‑solar program by 3 GW.
The UK government is considering extending its £50 million heating‑oil subsidy to include liquefied petroleum gas (LPG), giving local authorities discretion to apply the aid. The scheme, which starts on 1 April, allocates £27 mn to England, £17 mn to Northern Ireland, £4.6 mn to...
India’s power grid is undergoing rapid consolidation as renewable generation surges, with the country adding roughly 30 GW of solar and wind capacity in 2023 alone. State‑run utilities are merging transmission assets to create larger balancing entities capable of handling intermittent...
"If oil stays at $100/bbl for the full year, OBBB tax benefits (+$800 per tax filer) will be fully wiped out, assuming a 0.15% increase in core CPI per +10% in Brent oil. By income group, the bottom 80% will...
The U.S. Department of Energy announced up to $500 million in grants to expand domestic production of critical minerals for advanced batteries, marking its third funding round since 2022. The Office of Critical Minerals and Energy Innovation will fund up to...
Paua, a leading UK commercial EV charging network, has partnered with DAF truck dealers Motus and Ford & Slater to launch 16 new shared charging sites at their depots. The sites, integrated into Paua Share, allow any brand of electric HGV to...
Japanese firms Sumitomo Corporation, Kawasaki Kisen Kaisha (K LINE) and NYK Line have signed a memorandum of understanding to develop an ammonia bunkering vessel in Singapore. The partners will commence a Front‑End Engineering Design (FEED) study to define technical specifications, safety...
US corporations set a new clean‑energy procurement record in 2025, signing contracts for 27.3 GW of renewable capacity – a 12% increase over 2024. Solar photovoltaic projects dominated, accounting for more than 70% of the new capacity, while corporate‑backed generation reached...
Moody's chief economist Mark Zandi warned that a 49% chance of a U.S. recession looms within the next year as crude oil prices surge amid the U.S.-Iran conflict. Brent crude jumped nearly 40% in March, reaching $119.50 per barrel, while...
A poll by the Angus Reid Institute finds Canadians in the cheapest‑gas provinces—Alberta, Saskatchewan and Manitoba—are the most vocal about the financial strain caused by rising pump prices. Nationwide gasoline has jumped 23% to $1.74 per litre since the Iran‑related...
Before there was a "cleantech" industry, there was Tim Healy. Tim figured out that he could route electricity through digital switches and create an energy marketplace. Companies could trade and share their energy when they weren't using it, then back it...
The latest episode of Energy Technology: Industry Insights explores how the energy sector is turning to AI and digital infrastructure to manage increasingly complex, decentralized grids while pursuing decarbonisation. Hosts interview GlobalData ESG analyst Holly Anness‑Bradshaw and Susten partner Nina...
The UK government has overturned a ban and will legalise plug‑in solar panels for domestic use, citing the Middle East energy crisis and a drive for greater energy security. These compact, DIY‑friendly modules can be plugged directly into a mains...
Archbald, Pennsylvania, a borough of under 8,000 residents, is poised to host five massive data centers that would together occupy 13 million square feet and demand up to 1.6 gigawatts of electricity. The borough council raised industrial building height limits from 55...
Liontown Resources CEO Tony Ottaviano says large‑scale stationary energy storage is emerging as a second engine for lithium demand, reducing reliance on electric vehicles alone. Fastmarkets forecasts global storage installations will grow ~25% annually, reaching about 800 GWh by 2030 and...
A new study finds a strong correlation between institutional investor pressure and corporate net‑zero pledges. Companies facing higher activist investor scrutiny tend to announce more ambitious decarbonisation targets and earlier timelines. The research also examined employee and customer influence, but...
Elon claims that energy abundance can be achieved with only solar plus battery storage. This is just not true, not today and not for the forseeable future. Even just supplying global electricity demand (around 20% of energy) with solar and storage would...
UL released the 6th edition of UL9540A, the benchmark fire‑safety test method for battery energy storage systems, adding mandatory large‑scale fire testing (LSFT) to assess system‑level propagation risk. The new requirements mirror the 2026 NFPA 855 edition, which also makes LSFT...
Scheidt & Bachmann Energy Retail Solutions launched SIQMA FlowMax.AI, an AI‑driven platform that forecasts EV charging‑station dwell times and availability in real time. The algorithm, built with Slalom Germany, incorporates location, time, weather and nearby amenity data to predict when a...
EU climate commissioner Wopke Hoekstra signaled a soft price cap for the EU Emissions Trading System could be introduced before the third quarter, ahead of the scheduled ETS review in July. The Commission will first tackle the market stability reserve...
Researchers introduced an N‑methyl‑2‑pyrrolidone (NMP)‑mediated self‑assembly method that leverages π–π stacking to fabricate highly uniform polyaniline/reduced graphene oxide (PANI@RGO) composite gels with up to 85 % polyaniline loading. The resulting M‑PANI@RGO‑85 % cathode exhibits a specific surface area of 189.55 m² g⁻¹ and mesopores...
Investor‑owned utilities have generated more than $200 billion in net income from 2021 through 2025, according to the Energy and Policy Institute. Their average profit margin rose to 14.6 cents per dollar collected in 2025, up from 12.8 cents in the earlier period....
Ukraine has accepted the European Union’s offer of technical and financial assistance to repair the Brody pumping station on the Druzhba oil pipeline, which was damaged in a suspected Russian aerial strike. The repair is expected to take about one...
Big oil has its prophets of doom. When it's unhappy, it trots them out to prophesy doom. One such forecast in 2022 was oil would hit $380 because of the G7 price cap. This is lobbying on behalf of big...
TotalEnergies will take the final investment decision on the second phase of Azerbaijan’s Absheron gas and condensate field in the second half of 2026, with first gas expected to flow to shore by September 2029. The expansion will add about...
FranklinWH announced its residential battery system is now approved for virtual power plant (VPP) programs in New York and Washington. In New York, participants can receive up to $3,000 upfront and earn about $200 annually by allowing utilities to draw power during...
I’ve found that most wars are filled with surprises, but the stakes of this conflict are obvious: it all comes down to who controls the Strait of Hormuz. We’ve seen this pattern before—with the Dutch in the 17th century and the...
$USO There's a lot going on behind the CL chart, lots of inflationary stuff we will see as the year goes on https://t.co/QQRYWzhzi2
The Bureau of Ocean Energy Management (BOEM) issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which would allow hydraulic fracturing on 16 existing wells...
Pakistan looks like the Asian energy importer that is most at risk because of the closure of the Strait of Hormuz. More at today's Chartbook Top Links: https://t.co/7rDXmrxVqy
Very good meeting with Greece's Minister of Economy & Finance Kyriakos @Pierrakakis, the President of the Eurogroup, at IEA HQ in Paris We discussed recent developments in energy markets amid the war in the Middle East and the potential economic implications...
The Federal Energy Regulatory Commission approved Southwest Power Pool’s Consolidated Planning Process, merging generation interconnection with transmission planning. SPP will launch its first CPP window in April and introduce the GRID‑C rate, giving developers upfront cost certainty for network upgrades....
oil goes to 200 token costs go 10x all the white collar jobs are saved
There’s a bit of a “Two weeks to stop the spread” vibe when the admin talks about the pain of higher gas prices.
Idemitsu Renewables’ Azalea Solar and Storage Project entered commercial operation on December 31, delivering 60 MW of photovoltaic generation and a 38 MW AC/152 MWh battery system in Kern County, California. The facility is tied to a long‑term power purchase agreement with Sonoma Clean Power...
There's a growing bipartisan consensus in NJ for improving the permitting and regulatory environment for additional nuclear power generation. Great to see. There's room on the main Salem / Hope Creek site for additional large light-water reactors https://t.co/rlPo7Lq5dr https://t.co/bVJbEhfghL
The Daily Feather — Shockers Sign in to read now — Oil Shocks, shipping shocks and more… https://t.co/sOMxU9yIid #dimartinobooth #economy #shock https://t.co/H0Lus1itBz
Global demand for copper and other transition metals is set to triple by 2030, prompting a scramble for new sources. Uganda’s dormant Kilembe copper mine and newly identified mineral belts could supply millions of tonnes of copper and rare‑earth elements....
PHOTO(S) OF THE DAY: China is still getting (some of) its oil — and Iran its getting (some of) its money. Three weeks into the war, Iran continues loading oil supertankers from Kharg Island. (No damage visible at this resolution) Photo @CopernicusEU...
The first investment in new US coal power in over a decade and more stories on today’s Green Daily newsletter https://t.co/LC43uBvPwp
Big Tech firms are rapidly scaling purchases of carbon credits to offset the soaring emissions from AI‑driven data center expansion. Amazon, Google, Meta and Microsoft increased permanent removal credits from 14,200 in 2022 to an estimated 68.4 million by 2025, according...
Great piece by @MelissaLawford in @Telegraph on tanker traffic through the Strait of Hormuz and what's going on in global markets. Brent is up 42% from before the war, a big risk premium. As oil tanker traffic picks up, this...
THE ROAD LESS TRAVELED, OR THE WATERS MORE MINED The emerging two-tier system for moving oil through dangerous waters https://t.co/tMC9TJnD8s https://t.co/toqDQepMPK
Porsche has moved battery module assembly for the Cayenne Electric in‑house, operating a new Smart Battery Shop in Horná Streda, Slovakia. The plant assembles 32 LG Energy Solution prismatic cells into modules, which are combined into a 113 kWh pack without a...
@APIenergy 's very own Allyson Cutright and Jeff Barron are published in the latest edition of the Association for Materials Protection and Performance's U.S. Pipeline Industry Report. https://t.co/NWJzGkTyTp https://t.co/dIbQDzX74t
RWE’s Thor offshore wind farm, a 1.1 GW project off Denmark’s west coast, has begun feeding electricity into the Danish grid after the first turbine was installed. The venture, owned 51% by RWE and 49% by Norges Bank Investment Management, is...
U.S. diesel prices broke the $5 per gallon barrier on Monday, reaching a nationwide average of $5.044, the highest level since December 2022. The surge represents more than a 33% increase since the Iran‑related conflict began, outpacing gains in other...
Mangalore Refinery and Petrochemicals Ltd (MRPL) dispatched its 1000th petcoke rail rake, bound for JSW Cement’s Karnool plant. The shipment completed a second batch of 500 rakes, moving 40% faster than the first, highlighting MRPL’s operational improvements. Senior executives from...
British airport Bristol (BRS) announced a £10 million investment to build a new energy centre that will replace its gas boilers with air‑source heat pumps and an electric boiler. The modular facility will generate, store and distribute low‑carbon heat and cooling...
Triangle Energy announced the creation of Tetragon Energy, a spin‑out that will house its Philippine oil and gas assets, including three petroleum service contracts in the Sulu Sea and Cagayan Basin. The Australian firm will inject $1.5 million of seed capital...
