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:
Iran Delivers New Proposal to US as Hormuz Remains Shut
Iran delivered a fresh proposal to the United States via Pakistan, though the content on Hormuz and its nuclear program was not disclosed. President Trump reaffirmed his commitment to a naval blockade of Iranian ports, arguing it will pressure Tehran back to negotiations. Both sides are waiting for the other to move first before easing the Strait of Hormuz closure, which currently restricts about 20% of global oil and LNG flow. The stalemate has pushed Brent crude down 3% to roughly $110 a barrel.
Top Energy Companies Powering Modern Data Centers
Data Center Energy Providers: $VST Vistra Corp $CEG Constellation Energy Group $GEV GE Vernova $NEE NextEra Energy $EQT EQT $EOSE Eos Energy
In Pictures—A Vision for a Hydrogen Future
Green hydrogen produced by GeoPura from wind‑powered electrolysis is now fueling construction equipment at the Port of Tilbury. JCB’s backhoe runs on a hydrogen internal‑combustion engine, while Toyota deploys the same fuel for its Mirai fuel‑cell cars. The portable hydrogen...
Advancements in Thermal Adhesives: Enhancing Battery Cell-to-Pack and Cell-to-Ribbon Performance for EVs
Parker Lord introduced CoolTherm TC-850, a thermally conductive acrylic adhesive that builds on its earlier TC-2002 product. The new formulation delivers four‑times higher elongation, stronger adhesion to plastics, and optimized 100 µm bondlines for lower thermal resistance. These advances target cell‑to‑pack...
The Hydrogen Stream: AfDB Backs Projects, Europe Logs 265 Offers
The African Development Bank’s Sustainable Energy Fund for Africa has opened a Green Hydrogen Programme, offering up to $20 million in pre‑investment grants to private developers across the continent. Meanwhile, the European Commission’s Hydrogen Mechanism recorded 265 supply‑side opportunities, with 87 %...
Could OPEC Lose Its Grip on Oil?
The United Arab Emirates announced its departure from OPEC and the broader OPEC+ alliance, ending a six‑decade partnership that had bolstered the cartel’s credibility. While Saudi Arabia retains the lion’s share of spare capacity and Russia continues to back the...
Iran War: Why We Must Embrace Energy Development
The article argues that the Iran conflict highlights the direct link between energy independence and national security. Disruptions in Middle‑East oil markets immediately raise prices and strain supply chains, giving adversarial regimes leverage. It warns that current U.S. policies that...
Walmart Rolls Out ABB A400 EV Fast Chargers at Seven Sites in Metro Phoenix
Walmart is installing ABB e‑mobility A400 All‑in‑One DC fast chargers at seven Phoenix‑area stores, part of a broader rollout that will bring 38 chargers to nine locations. Each unit can deliver up to 400 kW, either 200 kW to two cars simultaneously...
Environment Not Getting Worse, Despite Poll
International Energy Agency (IEA) chief Fatih Birol warned that the world has lost roughly 13 million barrels of oil per day, citing major disruptions tied to the Iran‑Russia conflict and the ongoing closure of the Strait of Hormuz. He described the situation...
Chinese PV Industry Brief: Longi, Trina Solar Report Losses
Longi Green Energy posted 2025 revenue of $10.3 billion, down 14.8% YoY, with a net loss of about $1.0 billion and margins hovering near break‑even. Trina Solar saw revenue around $9.8 billion, a 16.6% decline, and a widened net loss of roughly $1.1 billion...
Trader Mercuria Sues Baltic Exchange Over Hormuz Freight Losses, Court Filing Shows
Swiss‑based commodity trader Mercuria has filed a lawsuit in England’s High Court against the Baltic Exchange, alleging the benchmark TD3C crude‑tanker index remained published despite the effective closure of the Strait of Hormuz. Mercuria claims the unchanged index caused extreme...
No Evidence of Widespread Fuel Price-Gouging, Watchdog Says
The UK Competition and Markets Authority (CMA) reports no evidence of widespread fuel price‑gouging after the US‑Israel war with Iran sparked a surge in wholesale oil costs. Retail margins between February and March stayed close to the 10.7 pence per litre...
EU: Energy Crisis From Iran War Could Last Years
European Commission President Ursula von der Leyen warned that the war in Iran could trigger an energy crisis lasting years for Europe. She told the European Parliament that the conflict’s ripple effects may strain consumers and industry well beyond the...
Coal: China's Data Center Boom to Double Power Demand
China is set to nearly double its data‑center capacity by 2030, adding 28 GW of new projects to the 32 GW already online. The expansion will push data‑center electricity use to about 289 TWh, roughly 2.3 % of the nation’s total demand. Annual growth...
A Blueprint for Successful Solar Canopy Projects
Solar canopies are emerging as a fast‑growing solution for deploying distributed renewable energy on underutilized parking lots. The article outlines five primary structural configurations, from low‑cost T‑structures to long‑span and inverted designs, and stresses the importance of early geotechnical studies,...
Portugal Launches $26.5B Resilience Plan After Storms, Blackout
Portugal announced a €22.6 billion (≈ $26.5 billion) nine‑year resilience programme after January‑February storms caused €5.3 billion (≈ $6.2 billion) in damage and a massive blackout a year earlier. The plan, called Portugal Transformation, Recovery and Resilience, targets climate‑related risks, energy security, seismic threats and cyber‑attacks....
Canada’s FortisBC Completes 10,000th LNG Bunkering
FortisBC Energy announced it has completed its 10,000th liquefied natural gas (LNG) bunkering for marine vessels since launching the service in 2016. The milestone follows a series of firsts at the Port of Vancouver, including Canada’s inaugural ship‑to‑ship LNG transfer...
Southern Co. Electricity Sales Soar on 42% Data Center Growth
Southern Company posted a 2.3% year‑over‑year rise in retail electricity sales for Q1 2026, driven largely by a 42% surge in data‑center power consumption. The utility now has 11 GW of large‑load contracts, up from 10 GW at the end of 2025,...
The Power Problem Behind AI—And a Path to Fix It
AI‑training data centers generate sudden, multi‑hundred‑megawatt load swings that can destabilize both onsite generation and the wider grid. Regulators such as Texas’ SB 6 now require buffering to curb these spikes, while many utilities are refusing direct interconnection. Operators are turning...
Permian Discounts Intensify While North American Natural Gas Forward Prices Slide
Physical natural gas markets weakened on April 30 as Texas and Midcontinent prices fell, while the Permian Basin saw its discount widen to roughly –$8 per MMBtu. May fixed‑price contracts slipped 16 cents, and forward prices across North America retreated...
Train Braking, A Source of Energy
Salicru is unveiling its CS‑MV bidirectional converter, which captures energy generated during train braking and redirects it to railway substations, electric‑vehicle chargers, or storage systems. The unit operates on both 3 kV DC and 25 kV AC lines, making it suitable for...
Wavelength Podcast: Tanker Market Insights as Gulf Conflict Continues and UAE Leaves Opec
The latest Wavelength podcast examines how the tentative Iran‑US/Israeli cease‑fire and ongoing blockades of the Strait of Hormuz are sustaining high tanker‑market rates. Angelica Kemene of Optima Shipping Services discusses the potential shift in crude flows if the United Arab...
Brent Prompt Price Shifts From June to July Contract
On the Brent futures contract roll: The "price" everyone typically talks about is the prompt Brent (or WTI) futures price (white on the chart), which is the nearest-dated monthly contract. In April that was set by the June contract (blue), now in...
Colombia Gathers Policy Makers to Plot Future Free of Fossil Fuels
Colombia brought together senior policymakers, energy officials and industry leaders to map a transition away from fossil fuels, aiming for a carbon‑neutral power mix by 2050. The gathering coincided with a wave of sustainable‑finance activity across Latin America, including green,...
Now, Even Exxon Is Interested in Venezuela
The Wall Street Journal reports that ExxonMobil and ConocoPhillips have dispatched technical teams to Venezuela to evaluate reviving its oil fields. After years of expropriation, sanctions and political turmoil, U.S. majors are reconsidering the Orinoco Heavy Oil Belt and Lake...
SRP and NextEra Energy Resources Partner on Massive Solar and Storage Expansion
Salt River Project (SRP) and NextEra Energy Resources have signed a power purchase agreement to build 3 GW of solar capacity and 1 GW of battery storage in Arizona by 2027. The projects will supply enough electricity to power roughly 675,000 homes...
Oil Market Will Need 2.7 MMbpd Surplus Post‑Hormuz
We're actually really going to *need* a supply glut after this end to fill in the hole left by Hormuz. Minimum 1 billion barrels lost, requires an *annual* surplus of 2.7 MMbpd to recover. And that assumes Hormuz reopens today, which it...
DOE Continues ‘Swift Execution' Of 172MM Barrel SPR Exchange
The U.S. Department of Energy announced a new Request for Proposal to exchange up to 92.5 million barrels of crude from the Strategic Petroleum Reserve (SPR). The solicitation follows President Trump’s earlier 172‑million‑barrel release, part of a coordinated 400‑million‑barrel action by...
TC Energy Columbia Gas Pipeline Expansion Advances as US Power Demand Soars
TC Energy approved a US$1.5 billion expansion of its Columbia Gas Transmission system, called the Appalachia Supply Project, to add 0.8 billion cubic feet per day of capacity by 2030. The project is underpinned by a 20‑year take‑or‑pay contract with an undisclosed...
Oil Falls as Iran Proposes Talks but Prices Still Set for Weekly Gains
Oil prices slipped on Friday as Iran submitted a new negotiation proposal to the United States, but the market remains on track for weekly gains. Brent futures fell 0.2% to $110.14 a barrel, while WTI dropped 1.7% to $103.24. Despite...
Corvus Energy Gains DNV Cybersecurity Type Approval for Dolphin NxtGen
Corvus Energy announced that its Dolphin NxtGen battery energy storage system has earned DNV cybersecurity type approval, extending to the Gen 4 BMS pack controller. The certification follows an independent review of more than 50 cyber‑risk controls, confirming the system’s ability...
Data Centres’ Speed-to-Power Need Driving US LDES Commercialisation
Energy Dome, an Italy‑based CO₂‑based long‑duration energy storage (LDES) firm, highlighted its Battery Plus technology at Wood Mackenzie’s summit, linking the solution to the fast‑track power needs of U.S. data centres. The company recently signed an MOU with New Era Energy...
Oil Prices Up 11% for the Week
Oil markets saw Brent crude dip 0.5% to $109.88 a barrel on May 1, yet the benchmark remains up about 11% for the week as geopolitical worries linger over a prolonged Strait of Hormuz closure. The price pressure keeps U.S. gasoline...
Cu-Ion Crosslinked Membranes Boost High-Temp Fuel Cells
Researchers have unveiled a copper‑ion crosslinked polymer electrolyte membrane that dramatically improves high‑temperature proton‑exchange fuel cells. The new membrane delivers up to 45% higher proton conductivity at 200 °C and sustains 5,000 hours of thermal‑cycling durability. Bench tests show a 30% boost...
SAS Warns of Structural E-SAF Gap Threatening Europe’s Aviation Market
SAS Aviation Insights warns that Europe faces a structural shortage of electro‑sustainable aviation fuel (e‑SAF) as the EU’s ReFuelEU Aviation regulation ramps up demand. The report shows Scandinavian airlines will need 36,000 t of e‑SAF by 2030, rising to 330,000 t by...
Europe’s Climate Crisis Demands Immediate Solar, Not Net‑Zero Dreams
The WMO just dropped its Europe State of the Climate 2025 report. Here's the reality Big Oil don't want us to look at >CO2 levels are at a 2-million-year high >Europe is warming twice as fast as the rest of the world....
Venezuelan Oil Becomes Viable only Above $110/Barrel
what changed? Oil prices & global inventories At $60/barrel Venezuelan oil is too risky/unprofitable. At $110/barrel Venezuelan oil looks investable
Coal India’s Production for April Falls 9.7%, Offtake Declines 2%
Coal India’s April coal output dropped 9.7% year‑on‑year to 56.1 million tonnes, while off‑take slipped 2% to 63.2 mt. Five of its seven subsidiaries recorded production declines, with Bharat Coking Coal plunging 41.3%. Pithead stock rose to roughly 125 mt, tightening mine logistics....
China Wafer Prices Stabilize Amid Easing Demand Regulations
China wafer declines narrow as demand-side regulation lifts market sentiment #energysky -- via pv magazine global: https://t.co/2ZeN1YWDIY
UAE Increasingly Breaks From OPEC's Leadership, Says Expert
"“It's pretty clear that the UAE has been diverging from OPEC’s leadership for a while now,” Ellen Wald, president of Transversal Consulting and an expert on energy and geopolitics, told The Dispatch." https://t.co/T78DIjRG0W Quoted here along w @Dr_Ulrichsen @gbrew24
1,000th Electric Bus Set For Part Of Belgium
Belgium’s Flanders region transport agency De Lijn celebrated the arrival of its 1,000th electric bus, marking a major milestone in the region’s electrification push. The Flemish government has allocated €400 million (about $436 million) to fund the purchase of electric buses, aiming for...
Nation Grapples with Energy Shortages Amid Middle East War
The country is already dealing with energy shortages caused by the Middle East war. https://t.co/7nyJJYYnf4
U.S. Diesel Demand Remains Robust Despite Iran Conflict
U.S. diesel consumption has been strong so far in 2026 Effects of the Iran War have not materially affected the U.S. economy yet #Diesel #OilMarkets #EnergyIsTheEconomy #IranWar #Macro #Commodities #Demand https://t.co/qQSUV8pEch
New England Transmission Owners Ask FERC for Increased ROE
New England transmission owners, led by Eversource and Avangrid, have petitioned FERC to raise the base return on equity (ROE) for transmission investments to 11.39%, up from the 9.57% level set in March. The companies argue the current ROE is...
Clearlake Acquires Qualus, Exits New Mountain's Grid Bet
Clearlake takes Qualus off New Mountain Capital's books in grid infrastructure bet Read more here: https://t.co/IDKdYzVS5P https://t.co/Y1eH1XSX4z
Exxon Sees Endless Permian Growth, Defies Plateau Predictions
Exxon CEO Darren Woods on the Permian: "... We've had the pedal to the metal here from the very beginning [...] Unlike many of our competitors, who I think have predicted the plateauing of of the resource [....], we have...
Project Nexus Solar Canal Demo Completes Construction in California
Project Nexus, a pilot solar‑canal system in California’s Central Valley, has finished construction. The public‑private‑academic effort tests photovoltaic arrays mounted over irrigation canals to generate renewable electricity while shading water to cut evaporation and weed growth. Early field data show...
Meeting Maurine Haver Before Oil Price Blockade Talk
This is me with Maurine Haver at the Cornell Club yesterday before I’m about to present on oil prices and the Iran blockade to the Forecasters Club of NY. Maurine built Haver Analytics from scratch and is one of the...
Geopolitical Turmoil Directly Raises UK/EU Household Energy Bills
Me in FT today: “Given that around 80 per cent of UK and European energy still comes from fossil fuels and a large share of that is imported, every geopolitical shock becomes a household bill shock.” More below. https://t.co/qH7tYyZDBT
Experts Predict Modest New Nuclear Growth in US
Here’s a transcript of a discussion I had at SMU last month with Jim Burke, CEO of Vistra, and Ray Rothrock, a board member at Centrus Energy. Both are very sober about the growth of new nuclear in the US...