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
Sweden approved permits for only three wind farms in 2025, totaling 12 turbines and roughly 0.25 TWh of annual generation. The Swedish Energy Agency’s 2035 scenario calls for about 5.4 TWh of new on‑shore wind each year, a gap the current approvals widen dramatically. Fourteen projects were halted by municipal vetoes or the Armed Forces, and one was rejected by the review authority. Industry leaders warn that without faster permitting and incentives, Sweden’s climate goals, job creation, and energy security could suffer.
Lots of commentators are suggesting the Strait of Hormuz closure will disrupt uranium supply. I think they’re wrong. Their logic seems simple and obvious: most uranium mining relies on sulphuric acid, a large share of global sulphur exports pass through the...
Molecular dynamics simulations reveal that asphaltene molecules adopt distinct orientations at the oil‑water interface based on their hydrophilicity, with asphaltene 1 lying flat and forming more hydrogen bonds, while asphaltene 2 inserts at a 60° angle. The presence of resin additives markedly...
South Korea's Posco Future M announced a KRW 357 billion ($239 million) investment to build an artificial graphite anode plant in Thai Nguyen, Vietnam. The facility will initially target 55,000 metric tons of annual capacity, scaling up in phases as orders materialize, with...
European Energy commissioned the 108 MW Lancaster Solar Farm in Victoria, delivering power to Apple under a long‑term power purchase agreement. The facility comprises roughly 170,000 solar panels and was inaugurated during the Danish Royal Couple’s state visit, with Yorta Yorta community...
Researchers at Helmholtz‑Zentrum Dresden‑Rossendorf introduced a reproducible theoretical framework for designing polyheptazine imide photocatalysts. Using many‑body perturbation theory, they modeled the effect of 53 different metal ions on charge separation and visible‑light absorption. Experimental synthesis of eight ion‑doped materials confirmed...
Greek shipowner George Procopiou is expanding his crude carrier fleet with an order for four 306,000‑dwt VLCCs from Hengli Heavy Industry, placed through Dynacom Tankers. The contracts are valued between $400 million and $600 million. This deal marks the second VLCC order...
Iran has started a new phase of its oil war: Tehran is clearly going after the Strait of Hormuz bypass route, with Fujairah (UAE) coming under attack. But so far, the Saudi pipeline bypass hasn't been attacked (and neither the Yemeni...
Southern California regulators rejected a landmark clean‑heat rule that would have pushed electric heat pumps and phased down new gas heaters, after receiving more than 20,000 public comments opposing the proposal. An investigation by the Los Angeles Times found that...
Eskom announced 300 consecutive days without load shedding, highlighting a sustained recovery of its generation fleet. The utility's energy availability factor (EAF) averaged 65.85% for the fiscal year, surpassing the 70% mark on 83 occasions. Unplanned outages fell 53% to...
Researchers introduced single Ni atoms into Ru clusters supported on nitrogen‑boron doped carbon to manipulate interfacial water structure for alkaline hydrogen evolution. The Ni atoms shift the charge distribution of Ru, causing K⁺·H₂O hydrate molecules to reorient and bind more...
Frankfurt Airport’s operator Fraport is executing a multi‑pronged renewable energy plan that combines long‑term offshore wind power purchase agreements with on‑site vertical photovoltaic installations. Starting mid‑2026, an 85 MW PPA with the He Dreiht wind farm will supply roughly 372 GWh of...
The Middle East conflict has reignited a global gas supply shock, pushing European natural‑gas prices up 70% in a week and reviving demand for U.S. liquefied natural gas (LNG). Venture Global (NYSE:VG), a fast‑growing U.S. LNG producer, leverages modular plant...
European integrated utilities are confronting a structural surge in grid‑focused capital expenditure as electrification and renewable integration accelerate. The heightened spending supports long‑term earnings visibility but creates near‑term pressure on leverage and external funding. Credit resilience diverges: Iberdrola, E.ON and...
DNO ASA announced a non‑cash asset swap with Equinor, trading its stakes in four non‑core Norwegian Continental Shelf discoveries for a 19% interest in the Atlantis field and a 10% interest in Afrodite, both adjacent to the Kvitebjørn area. The...
Saudi Aramco is giving long‑term oil customers the option to receive April allocations through the Red Sea port of Yanbu as the Strait of Hormuz remains blocked. Deliveries from Yanbu will be limited by pipeline capacity, so buyers will receive...
The Iran war has triggered a sharp surge in European energy prices, with gas costs jumping 50% in just two weeks. UN climate chief Simon Stiell warned that the crisis highlights the security risks of the EU’s heavy reliance on...
Bajel Projects announced a Rs 700 crore ultra‑mega EPC contract from Maharashtra State Electricity Transmission Company Limited to build a 400/220 kV air‑insulated substation and associated transmission lines in Saswad, Pune. The deal, the largest in the firm’s power‑transmission portfolio, drove the stock...
Researchers introduced pyrene‑based covalent organic frameworks (PyCOFs) as bulk dopants for formamidinium lead iodide (FAPbI3) perovskite solar cells. The COFs feature π‑conjugated linkages and Lewis‑basic groups (–C≡N, –C═N–, –SH) that coordinate with undercoordinated Pb2+ sites, passivating deep traps without altering...
Crude oil is edging toward the $100‑a‑barrel mark, reigniting enthusiasm for energy equities. While the price rally looks attractive, history warns that impulsive, panic‑driven buying often backfires. Investors are urged to scrutinize balance sheets, cash‑flow stability, and each company’s position...
EU foreign and energy ministers convened in Brussels to address mounting risks to energy security as Iranian tensions disrupt shipping routes and threaten supply chains. Norway positioned itself as a dependable gas supplier, offering a potential lifeline for the bloc....
Woodside Energy has poured roughly $40 billion into oil and gas exploration since 2020, while continuing to market LNG as a bridge fuel for Asia’s power sector. Activist group Market Forces and shareholders argue that this strategy contradicts the company’s own...
Crude oil prices jumped more than 40% in just 15 days after the U.S.-Israel‑Iran conflict disrupted the Strait of Hormuz, pushing the benchmark to about $103 a barrel. Former IMF chief economist Gita Gopinath warned that if oil averages $85...
ABB’s latest report shows 63% of Malaysian industrial leaders have already invested in energy efficiency, with another 33% planning action within a year. Energy costs represent roughly a quarter of operating expenses, and 61% of firms say rising prices threaten...
Marine fuel sales at Singapore, the world’s largest bunkering hub, slipped 10.6% month‑on‑month in February to 4.67 million tonnes, though they were 12.8% higher than a year earlier. Low‑sulphur VLSFO volumes fell 9.8% and high‑sulphur fuel oil dropped 15.2%, while alternative...
The chart shows U.S. petroleum intensity of real GDP falling sharply since its 1973 peak, with overall energy intensity also on a long‑term decline. This reduction means that oil price shocks now have a muted effect on output and inflation...
The International Energy Agency announced that member countries will release 400 million barrels from emergency reserves to calm markets disrupted by the West Asia conflict. Brent crude rose to $103.95 a barrel while WTI slipped to $98.62, reflecting mixed reactions. The...
As the #Strait_of_Hormuz closure enters week three and continues to drive oil prices higher, here's a list of at least six mitigating attempts by Washington, and their impact : 1⃣ Tried to downplay the closure, saying war will be over "very...
♦️Here’s a striking example of how a closure of the Strait of Hormuz can reshape global oil flows—and how Saudi Arabia can rapidly adapt by diverting supplies from its eastern fields to western Red Sea terminals. ♦️A VLCC oil tanker was...
The White Cliffs Solar Power Station, built in 1980, is the first commercially operated solar‑thermal plant in Australia and one of the earliest worldwide. The outback NSW site featured 14 parabolic dishes with over 2,000 mirrors each, generating steam‑driven electricity...
Finance Minister Nicola Willis said New Zealand is considering targeted, temporary assistance for households hit by soaring fuel prices, but ruled out broad fuel tax cuts, universal cost‑of‑living payments, or public‑transport subsidies. Any aid must avoid adding inflationary pressure, fit the...
"Trump is also weighing a seizure of Iran's critical oil depot on Kharg Island — a move that would require U.S. boots on the ground — if tankers remain bottled up in the Persian Gulf, U.S. officials say." He realizes that...
Global wind capacity additions reached a record 169 GW in 2025, a 38% rise over 2024. China led the surge, installing more than 100 GW and accounting for 95% of new on‑shore capacity. Chinese turbine makers dominated the market, occupying six of...
Australian gas prices have stabilized at $10 per gigajoule, easing short‑term market concerns. Analysts believe the East Coast export cartel is unlikely to repeat the price spikes seen during the Ukraine war, given heightened public scrutiny. However, the author warns...
Brent crude surged to $106.50 a barrel as strikes on Iran's Kharg Island raised supply fears, while a drone attack temporarily halted loading at Fujairah port. The International Energy Agency announced a coordinated emergency release of just under 412 million barrels,...
Britain’s science minister unveiled a £2.5 billion, five‑year programme to jump‑start a domestic nuclear‑fusion industry. The core of the plan is a £1.3 billion investment in the STEP (Spherical Tokamak for Energy Production) prototype at the former West Burton coal site, targeted...
Chief Justice Brian Preston rebuked Tamworth Regional Council’s legal challenge to the 372‑MW Hills of Gold wind project, labeling the council’s focus a “bee in their bonnet” and saying it had lost perspective. The council continues the case after the...
Everllence won a contract to deliver two RB compressor skids for Thailand’s inaugural carbon capture and storage (CCS) project at PTTEP’s Arthit gas field. The compressors, paired with Solar Turbines gas turbines, will enable capture and offshore storage of up...
TotalEnergies‑Eren subsidiary TE H2 has lodged a 56‑page EPBC referral for the Wak Wak project, a proposed 2.7 GW solar farm paired with a 6 GWh battery on up to 3,400 ha near Darwin. The development, slated to start construction by May 2027, would connect to...
ClearBridge Energy Midstream Opportunity Fund (EMO) offers an 8.3% yield and 1099 tax reporting, avoiding the K‑1 hassle common in many midstream vehicles. The fund benefits from lower interest rates and AI‑driven data‑center growth but is heavily concentrated in its...
Oklo and Centrus Energy announced a joint venture to develop HALEU de‑conversion services and strengthen related fuel‑cycle supply chains. Oklo is advancing its Aurora sodium‑cooled fast‑reactor platform, backed by a Meta‑prepaid 1.2 GW power campus in Ohio slated for 2030‑34. Centrus,...
The EU has granted a rare tariff exemption to the CUPRA Tavascan, an electric SUV built in China for the European brand. The waiver removes the combined 10 % standard duty and 20.7 % China‑origin surcharge, provided the model meets a minimum...
Context is that China needs oil from Iran. The cacth22 is: 1. China helps: USA wants to get a fast offramp and avoid boots on the ground - will happen if China helps (then Russia is in a Catch22). China is unlikely...
Join the Gender and Energy Compact partners this week at #CSW70 for the 'Shaping the Green Energy Transition: Accelerating Climate & Energy Action through Women’s Leadership' event. 📅 19 March 🕘 8:30–10:00 EST 📍 UN Church Center 🔗 https://t.co/moPwmBHLfP https://t.co/tQYKxBIZpK
U.S. forces struck Iran’s Kharg Island, a hub handling about 90% of Tehran’s oil exports, prompting a sharp rally in crude markets. Brent crude jumped 1.8% to $104.98 per barrel, pushing oil above $100 for the first time since the...
Meanwhile in Russia. Yet another oil depot is on fire in Labinsk, the Krasnodar region. https://t.co/B4FehoC96k
Hedge funds have increased their long positions in Oil to the highest level in 6 years. https://t.co/8uRqtrleIr
U.S. government acknowledges oil prices will likely continue to rise until Strait of Hormuz is re.-opened: https://t.co/3Db7xAQBDO
Goldman on negative growth impact on Europe and UK from the energy shock > https://t.co/8QpnqMeUnL
Iran War Energy Crisis: How Long Will India Stay Exposed to Global Insta... https://t.co/JcyDp1BD9k via @YouTube
