Today's Energy Pulse
Scania pilots megawatt‑scale V2G for heavy‑duty electric trucks
Scania demonstrated one of the first vehicle‑to‑grid systems for heavy‑duty electric trucks using the Megawatt Charging System (MCS). The pilot showed bi‑directional power flow, allowing trucks parked at depots to feed electricity back to the grid, with real‑time communication between the truck, charger and energy‑management platform enabling dynamic charging and discharging. The test marks a step toward integrating large‑capacity EVs into grid balancing.
Also developing:
Trump Official Signals Turnaround on Blocked Wind and Solar Projects
U.S. Interior Secretary Doug Burgum told the Senate Energy Committee he will resume processing permits for solar and wind projects that have been held up by his office, complying with a recent federal court order. The court on April 21 blocked the Department of the Interior’s extra hurdles aimed at curbing renewables, though Burgum said the administration “disagrees vehemently.” Approximately 57 GW of renewable projects are currently stalled, complicating congressional efforts to overhaul permitting rules. Clean energy added a record 50 GW of capacity last year, underscoring the stakes of the permitting bottleneck.
LNG Vessel Finally Transits Strait of Hormuz, Others Moving Toward Waterway
The first fully loaded LNG tanker has successfully transited the Strait of Hormuz since the Iran‑UAE conflict began on Feb. 28. The vessel, named Mubaraz, is chartered by ADNOC and was loaded at the UAE’s 6 million‑ton‑per‑year Das Island export terminal on...
ExxonMobil CEO: ‘Market Hasn't Seen the Full Impact’ of Middle East War
ExxonMobil CEO Darren Woods told investors on May 1 that the market has not yet absorbed the full impact of the ongoing Middle East conflict. He said existing global oil stockpiles are currently cushioning supply disruptions, keeping prices from spiking...
Unlocking Smart Meter Insights with Smart Datastream
Smart Datastream is a cloud‑native platform that turns the UK’s flood of half‑hourly smart‑meter readings into ready‑to‑use energy data via secure APIs. It delivers up to 13 months of historical consumption, near‑real‑time streams, and portfolio‑level insights, allowing enterprises to bypass...
Daily Energy Report
The ongoing Iran‑Russia conflict has fractured Asia’s diesel market, creating a two‑tier system where affluent refiners like China and South Korea curb exports while poorer importers scramble for supply. India, needing export revenue, has continued to ship diesel, with March...
Hydropower Is in Hot Water. Will Trump’s DOE Release Funding to Help?
U.S. hydropower, which supplied nearly 6% of electricity in 2025, faces a licensing crunch as hundreds of aging dams—averaging 65 years old—require costly upgrades or risk shutdown. The Biden administration earmarked $430 million from the 2021 infrastructure law for safety, grid‑resilience,...
Government Taxes, Not Wars, Drive Gas Price Spikes
People are well aware that gasoline prices have risen because of America’s war with Iran. But there is another war raising gasoline prices every day, which many people have become accustomed to. That is the war on gasoline, i.e., federal and regional...
Exxon Mobil CEO Expects Higher Oil Prices Due to Iran War: ‘The Market Hasn’t Seen the Full Impact’
Exxon Mobil CEO Darren Woods warned that current oil prices do not reflect the full impact of the Iran‑triggered supply shock, noting that strategic reserves and in‑transit tankers have temporarily cushioned the market. He said oil flows from the Persian...
The IEA’s Fatih Birol on ‘the Greatest Energy Security Threat in History’
International Energy Agency Executive Director Fatih Birol told an Atlantic Council event that the ongoing war in Iran represents the greatest energy security threat in history. He warned that disruptions in the Strait of Hormuz could force oil prices to...
Venezuela Signs Agreements with International Operators Under New Hydrocarbon Law
Venezuela has signed agreements with major oil majors—BP, Eni, Repsol, Chevron and Shell—under its reformed hydrocarbon law to boost exploration and production. The law permits minority partners to directly operate fields and sell output, a shift from PDVSA‑only control. BP’s...
Renewables Shield Consumers From Fuel Price Volatility
Retail electricity prices are influenced by fuel volatility, transmission upgrades, grid maintenance, and utility rate structures. Natural gas price spikes, such as those seen in 2022, directly raised electricity costs in gas-dependent regions because fuel costs are passed through to...
Batteries: The Game Has Changed – and It’s Not What You Think
The battery industry is moving from a single performance benchmark to multiple, application‑specific trajectories such as ultra‑fast charging, energy density, cost and scalability. Companies like CATL and BYD are shifting from selling cells to delivering integrated battery‑as‑a‑system solutions, while newcomers...
Diesel Prices Decline While Gasoline Costs Rise Across U.S. Markets
Diesel prices slipped 5 cents to $5.351 per gallon, while gasoline rose 8 cents to $4.123 per gallon, according to the EIA. The West Coast saw the steepest diesel decline, down 9 cents to $6.53, whereas the Rocky Mountain region...
Nuclear AI Startup Fermi Promised Land and Ample Power. But It Couldn't Sign a Single Client
Fermi Inc., a nuclear‑AI startup co‑founded by former Texas governor Greg Abbott’s ally and a tech entrepreneur, announced plans to build atomic‑powered data centers on vast Texas panhandle tracts. The company touted virtually unlimited power and cheap land as a...
NeMo.bil Project Integrates Type 4 Tanks Into Mobility System Storage Rack
The NeMo.bil consortium, funded by Germany’s Federal Ministry for Economic Affairs and Energy, has integrated five Type 4 thermoplastic‑composite hydrogen tanks from Avanco Composites into a dedicated storage rack co‑designed with Poppe + Potthoff. The rack also houses the electronic high‑pressure regulation unit,...
OCP Members Tout DC Power in the Data Center to Meet Growing AI Power Demands
Open Compute Project members are rallying the data‑center ecosystem around low‑voltage direct current (LVDC) to power next‑generation AI racks. A joint working group of Google, ABB, Siemens and others released a 170‑page white paper outlining efficiency gains and standard‑setting pathways....
JPMorgan: 'Exponential' Oil Price Escalation Coming In May; Ignore The Friday Fudge
JPMorgan warned that OECD commercial oil inventories will reach operational minimums between May 9 and May 30, triggering an exponential rise in crude prices. The note cites a cumulative loss of roughly 1 billion barrels of production and an additional 400 million barrels lost...
NextDecade Will Be Chartering More Ships, Company CEO Says
NextDecade announced it will increase its LNG carrier fleet to handle early output from its Rio Grande project. The company already secured three long‑term charters with Dynagas, with the first vessel delivered from HD Hyundai’s yard in May 2026. Train 1...
Caterpillar to Triple Power Generation Capacity, Raises 2030 Targets
Caterpillar announced it will triple its large reciprocating‑engine capacity by 2029 to meet surging demand from data‑center, oil‑and‑gas, and mining customers. The expansion, slated for 2027‑2029, is expected to deliver a positive cash payback by 2030 and has prompted the...
U.S. to Buy Chinese Critical Minerals in First $12B Stockpile, Bloomberg Reports
The U.S. Export‑Import Bank announced that its $12 billion Project Vault will initially source critical minerals from China, marking a departure from a domestic‑first approach. Executives said the plan will later prioritize U.S. production, then allied nations, before turning to other...
Venezuela Oil Exports Hit 7-Year High as U.S., India, Europe Ramp Up Buying
Venezuela’s oil exports jumped 14% in April to 1.23 million barrels per day, the strongest monthly level since late 2018. The surge was driven by higher shipments to the United States, India and Europe after U.S. sanctions were eased and a...
Oil Rally Stalls as Iran Proposal Triggers Profit-Taking
Oil prices stalled below $110 per barrel after a week of extreme swings, with Brent’s June contract briefly touching $126. The slowdown was driven by Iran’s latest negotiation proposal, which sparked profit‑taking amid uncertainty over President Trump’s 60‑day war‑powers deadline....
Global Briefing: White House to Pay $900m to Stop Two More US Offshore Wind Projects
The White House has agreed to pay roughly $900 million to energy developers to abandon two pending U.S. offshore wind projects. The payouts cover sunk costs, lease obligations and contractual penalties, effectively terminating the projects before construction begins. The move is...
Hunt, Crossover Sign Orinoco Exploration Deals
Two U.S. independent producers, Hunt Oil and Crossover Energy Holdings, signed memorandums of understanding with Venezuela’s state‑owned PDVSA to explore oil and gas in the Orinoco heavy‑oil belt. The projects, located in Monagas state, are expected to attract up to...
Gas Prices in Great Lakes Region Jump by 84 Cents Per Gallon in One Day
Gasoline prices in Indiana jumped 84 cents per gallon on May 1, marking the steepest one‑day increase in the United States. Analysts attribute the surge to heightened geopolitical risk from the Iran conflict, a blockage in the Strait of Hormuz, and an...
TC Energy Plans Major Appalachian Pipeline Expansion to Meet Surging Power Demand
TC Energy announced a $1.5 billion expansion of its Columbia Gas system to link Appalachian Basin gas supplies with the rising demand for natural‑gas‑fired power in the PJM Interconnection. The project, scalable to 2 billion cubic feet per day, aims to serve...
Octopus Energy Boss: Some People Would Accept Blackouts if Bills Cut
Octopus Energy chief Greg Jackson told an industry conference that many Spanish households would accept occasional blackouts if it meant electricity costs 25% lower, roughly $2,540 a year for a typical UK dual‑fuel bill. He argued that cheap home batteries...
From Restaurants to Packaged Food, a Slew of Sectors See Higher Cost Pressures Post Commercial LPG Price Hike
India’s commercial LPG price rose by ₹ 993 ($12) per 19‑kg cylinder, marking the third consecutive hike and bringing the cumulative increase to ₹ 1,332 ($16). The surge is hitting energy‑intensive sectors – restaurants and hotels face 10‑15% menu price hikes, with...
Power Spot Market Back in Operation
The Philippines' Wholesale Electricity Spot Market (WESM) resumed trading after a month‑long suspension triggered by the global oil crisis and soaring fuel costs. The Energy Regulatory Commission (ERC) lifted the halt to restore transparent price discovery while keeping consumer‑protection safeguards...
Australia’s $22 Billion Answer to the Question the Hormuz Crisis Asked
Australia’s reliance on imported refined fuel was laid bare when the Strait of Hormuz closed in March 2026, exposing it as the most fuel‑vulnerable developed economy. In response, the Albanese government launched a A$22.7 billion (~$15 bn) “Future Made in Australia” programme aimed...
An Anti-Battery Avalanche Outside Seattle
Community opposition is intensifying around large‑scale energy projects. In Snoqualmie, Washington, about 650 residents rallied against Jupiter Power’s 130‑megawatt battery storage facility, prompting the city council to request relocation due to thermal‑runaway fears. Simultaneously, data‑center developers are facing setbacks: Brookfield’s...
Iran’s Threat to the World Economy
Iran has seized effective control of Strait of Hormuz traffic while the United States has responded with a naval blockade aimed at stopping Iranian oil exports. Both sides believe they hold the upper hand, creating a dangerous stalemate that could...
Bunker Fuel Term Stems From Ship Storage, Not Politics
This is fantastic @SteveHiltonx. It is absolutely insane that Gavin shut down refineries and made California dependent on Iraqi oil. BUT please do not fall into the liberal “Bunker fuel is nasty” talking point. Historically, sailors slept in bunks and kept their belongings...
Hydropower Funding Uncertain Amid Trump DOE Decisions
Hydropower is in hot water. Will Trump’s DOE release funding to help? #energysky -- via Canary Media: https://t.co/vtpIzIg8QO
3 Oil Pipeline MLP Stocks to Gain Despite Industry Challenges
Midstream oil and gas pipeline master limited partnerships (MLPs) remain insulated from commodity price swings, yet Zacks rates the sector poorly at #195, the bottom 20% of industries. Despite a high 56.8% debt‑to‑capitalization ratio and a gradual shift toward renewables,...
Gasoline Crack Spreads Hit 2022 High Ahead of Summer
US gasoline crack spreads sitting at their highest level since 2022. Brent crude is currently going for ~$107.50 per barrel. New York Harbor gasoline going for $150 per barrel. And summer driving season is about to kick off. https://t.co/nFAPXdyFZx
Parking Lots: New Solar Hubs Sparing Farmland
Solar Without Sacrificing Farmland: Why Parking Lots May Become the Next Layer of Energy Infrastructure #energysky -- via Solar Power World: https://t.co/G1QK1Byzkj
Morrow Begins Battery Cell Deliveries to Proventia as Norwegian Production Scales Up
Norwegian battery maker Morrow Batteries has begun delivering lithium‑iron‑phosphate (LFP) cells to Finnish industrial‑technology firm Proventia, marking the first shipments under a master supply agreement that runs through 2031. The prismatic LFP cells will be used in Proventia’s off‑highway and...
BIPV Facades' Performance in Enclosure Fire Tests
How BIPV façades behave under enclosure fire conditions #energysky -- via pv magazine global: https://t.co/MokE22nEwJ
First Solar's CuRe Launch Fuels Margin Expansion
First Solar reaffirms 2026 guidance as CuRe launch and record India sales drive Q1 margin expansion #energysky -- via pv magazine usa: https://t.co/DfMR1ukrDi
Rick Perry's Nuclear AI Startup Fires Co‑founder After Zero Clients
Ex-governor Rick Perry's nuclear AI startup promised land, nuclear energy, and political connections. Now, Fermi’s board has fired its co-founder after failing to sign a single client. https://t.co/yOpUINOFPI
Short‑term Oil Loss From Hormuz Can Be Offset
In the short-term and for a limited time, the losses of oil from the Straits of Hormuz can be made up. More at today's Chartbook Top Links: https://t.co/xfKk6k7sQC
Manufacturing, Not Chemistry, Drives Solid‑State Battery Disruption
“Solid-state batteries may disrupt lithium-ion more than markets price in. They use lithium-metal anodes and solid electrolytes, boosting energy density, safety, range, and charging speed. But success depends less on chemistry than new manufacturing...” @GraphCall Geoffrey's portfolio can be found...
Steady Momentum: Rigs Multiply, Footprints Expand Quietly
Progress where it counts—that describes this week's Pan Out... Rigs multiplied, footprints widened, and others with meaningful steps. The kind of steady momentum that builds quietly before the broader market starts noticing. Catch up on the week: https://t.co/sRHbQ4ZaBf
APAC Battery Storage Scaling to 500MWh, Says Trina
‘We’re not talking 30MWh anymore. It’s 500MWh or above’: Trina Storage on APAC’s battery storage scale-up #energysky -- via Energy Storage News: https://t.co/eF9XzYZ2By
Chevron Leverages Permian for Immediate Cash Flow, Future Gas Growth
Chevron CEO Mike Wirth on the Permian: "... we're running the Permian to deliver strong free cash flow right now. We could we could hit the gas and begin to grow it again..."
IPCC Deems Extreme SSP5‑8.5 Emissions Scenario Implausible
The arc of the scenario universe is long, but it bends inevitably toward more realistic emissions. A new paper outlining the emissions scenarios we will be using in the upcoming IPCC AR7 report notes that "the CMIP6 high emission levels...
Global Electricity System Shows Promising Improvements
Transcript: Some Great News About the Global Electricity System #energysky -- via Heatmap News https://t.co/eEEJpySmV9 https://t.co/eWaubVw2bS
Myth‑Busting Videos Reveal Path to 100% Renewable Future
30 myth-busting short videos about transitioning to 100% renewables and the electrification of everything - from mining to land use to electricity prices to grid reliability - in the middle of this link https://t.co/irGIq6qRxE
Gas Prices Surge From $2.80 to Over $4.60
How to win friends and influence people: National average gas price is $4.39 today, but heading to $4.60-ish over the next week. Was $2.80 at the start of the year. https://t.co/WZder6FJCU