What's happening: Saudi Arabia pre‑qualifies firms for new gas transmission grids
The Energy Ministry has pre‑qualified eight standalone firms and seven consortia to design, build, own and operate natural‑gas transmission networks in five key industrial cities, including Al‑Kharj, Sudair and three zones in Jeddah. The BOO scheme sets a technical‑bid deadline of 23 April 2026 and targets a total of 36 industrial cities for future expansion.
Also developing:
Tesla will roll out its first vehicle‑to‑grid program in the United States, starting with Cybertruck owners in select Texas markets served by CenterPoint Energy and Oncor. The Powershare Grid Support Program lets participants earn energy‑bill credits by feeding power back to the grid during high‑demand events, leveraging the Cybertruck’s 123 kWh battery—equivalent to nine Powerwalls. The initiative uses Tesla’s existing Virtual Power Plant infrastructure and positions the truck as a distributed energy asset. A California rollout is slated for later this year.

I'm super excited for my new paper with @ATabarrok and Mark Whitmeyer: "Chaos and Misallocation under Price Controls" During the 1973-74 gasoline crisis, the U.S. had about a 9 percent national shortfall. But that was far from evenly spread out. Over...

INVESTMENT MANAGERS sold futures and options on the Dutch TTF European gas benchmark for the first time in eight weeks as prices retreated despite inventories well below average for the time of year. Funds sold the equivalent of 15 terawatt-hours...
Mercedes‑Benz Trucks handed over its first eActros 600 to Chilean carrier Empresas Cavalieri, marking the model’s debut outside Europe and the first series‑production electric long‑haul truck in South America. The vehicle will serve the Santiago‑Viña del Mar beverage route for Compañía...
Culture change is hard. Utilities like @DukeEnergy would rather raise rates 15% on their ratepayers because they feel forced to pay “$3k/kW” for gas instead of adding 7,200 MWs of batteries paid for by data centers at existing solar sites...
Meanwhile in Russia’s Ukhta. The local refinery keeps getting hit by drones as we speak. 1,800 km away from the Ukrainan border. https://t.co/TZMDIrIIg6
Estonia’s utility Utilitas has commissioned an 80 MW/1,100 MWh thermal energy storage (TES) plant in Tallinn, while Lithuania’s state‑owned Ignitis Group has confirmed a €130 million, 291 MW/582 MWh battery storage portfolio that will use Rolls‑Royce BESS modules and Nidec Conversion power‑conversion equipment. Both projects...
President Donald Trump called the newly concluded India‑US trade deal historic, highlighting its potential to expand American energy exports, especially coal. The interim agreement slashes U.S. duties on Indian goods to a uniform 18% across textiles, apparel, chemicals and more,...
Adani Power has created a wholly‑owned subsidiary, Adani Atomic Energy Limited, with an initial ₹5 lakh investment to generate, transmit and distribute nuclear power. The move follows the passage of the SHANTI Act, which opens India’s nuclear sector to private players...
The final India Leadership Talks episode highlighted how virtual‑twin technology and model‑based engineering are moving from promise to practice across manufacturing, infrastructure and life sciences. Leaders from Godrej, KPMG and IndianOil Adani Ventures described a shift from basic digitalisation to...
NTPC’s shares have surged about 12 % in the last three months, outpacing the ET Power index, as the utility accelerates both thermal capacity additions and renewable growth through its NGEL subsidiary. The company now operates roughly 86 GW of installed capacity...
The Comptroller and Auditor General (CAG) flagged that NLC India's Mine‑II in Neyveli operated without a valid environmental clearance, stemming from delayed revalidation. The audit also revealed severe land constraints, leaving only 46.19 hectares for active mining and an estimated...
VEIR, a superconducting power‑solutions firm founded in 2019, is targeting the growing power‑density gap between data‑center demand and legacy grid capacity. CEO Tim Heidel explains that existing transmission corridors are congested, creating long interconnection queues and curtailment risks. VEIR’s high‑temperature...

AI adoption is now common in North American electric utilities, with over 80% reporting some use of the technology. Yet many pilots stall because they are treated as side projects rather than core operations. The article stresses that embedding AI...

Aggreko has installed rooftop solar systems at two U.S. service centers—a 100‑kW array in St. Louis that meets about 40 % of the site’s electricity and an 87.3‑kW array in Bridgeport covering roughly 64 % of its power needs. The installations cut...

SolarEdge Technologies announced a partnership with grid‑software firm WeaveGrid to bring its residential battery systems into the utility‑focused Distribution‑Integrated System Capacity Orchestration (DISCO) platform. DISCO, originally built for large‑scale EV charging management, will now coordinate both electric vehicles and home...

The National Laboratory of the Rockies (NLR), formerly NREL, announced a second major workforce reduction this year, cutting 134 employees. The layoffs follow a prior round of 114 cuts nine months earlier and are attributed to adjusted funding levels and...
![[Episode #269] – Trump’s War on the Energy Transition](/cdn-cgi/image/width=3840,quality=75,format=auto,fit=cover/https://cdn.xenetwork.org/ets/wp-content/uploads/sites/2/powerpress/ETS-PodcastArtwork-full.png)
In this episode, host and guest Ari Peskoe dissect President Trump’s aggressive rollback of the U.S. energy transition during his second term, detailing canceled projects, forced extensions of fossil‑fuel plants, and the weaponization of federal agencies against renewables. Peskoe explains how...

Intellirent has launched a new regional service center in Phoenix, Arizona, slated to begin operations on February 23, 2026. The facility is positioned to serve power, utility, industrial and infrastructure customers with faster access to electrical testing equipment and local...
The European Investment Bank is injecting €60 million into Solas Capital’s Sustainable Energy Fund II to launch a new financing platform that will support energy‑efficiency projects for SMEs across the EU. The platform is designed to mobilize nearly €400 million of total capital,...
XPeng has revamped its Southeast Asian approach in early 2026, moving from a niche importer to a regional powerhouse with local manufacturing and an integrated ultra‑fast charging backbone. A partnership with Indonesia’s Voltron delivered the first 480 kW station, enabling the...

AES Indiana has brought online a 250‑MW solar farm paired with 180 MWh of battery storage at the Petersburg Generating Station, a 2‑GW coal facility in Pike County. The new Petersburg Energy Center replaces two coal units that date back to...

WindEurope warned that Europe’s industrial competitiveness hinges on rapid electrification backed by policy support. The association highlighted wind’s low‑cost electricity and cited Germany’s approval of over 20 GW onshore wind and the UK’s 8.4 GW offshore CfD awards as proof of scaling...
Two major coal developments in the last 24 hours. 1. White House announcing purchases and support to revive the industry 2. Indonesia just ordered the world's largest nickel mine to sharply cut output. They are also looking to cut coal production by...
Faraday Future is rolling out its Super One, an AI‑centric luxury electric SUV priced between $20,000 and $80,000, positioning it as a direct challenger to high‑end models like the Cadillac Escalade. The company recently secured $30 million to fund the broader...

SOLRITE Energy and sonnen have launched a battery‑only virtual power plant (VPP) product for Texas homeowners, offering up to 60 kWh of storage at a flat 12¢ per kWh all‑in rate. The service costs a modest $20 per month and is limited...
The National Green Tribunal (NGT) took suo‑motu cognizance of a newspaper report after an explosion killed 18 miners in an illegal rat‑hole coal mine in Meghalaya's East Jaintia Hills. The tribunal ordered the state chief secretary, the Central Pollution Control...
Foreign Minister Sergei Lavrov told the Russian Duma that only U.S. President Donald Trump has claimed India will cease buying Russian oil, and no Indian official has made such a statement. Lavrov highlighted India’s new BRICS chairmanship and its focus...
India has urged its state‑owned refiners to give priority to crude from the United States and Venezuela as part of a broader effort to diversify supplies and reduce reliance on Russian oil. The government’s suggestion applies to spot‑market tenders for...

Solar Ireland has appointed former TD Seán Sherlock as its director of policy and regulation, bolstering the group’s senior policy capacity at a pivotal moment for Ireland’s energy transition. Sherlock brings more than two decades of senior government and EU...

Solar Power World’s first “Projects of Impact” highlights a 17.6 kW solar installation on five Habitat for Humanity homes in Philadelphia’s historic Strawberry Mansion neighborhood. The project, funded by an anonymous donor, was built by Exact Solar in partnership with Habitat homeowners...
VinFast is abandoning its U.S. and Canadian rollout and refocusing on Asia, aiming to sell 300,000 vehicles annually by 2026. The company posted over $3 billion in net losses, with U.S. sales never rising above a few hundred units per year....
"Between 2016 and mid-2023, 354 banks provided $429 billion to the 100 biggest steel producers, suggesting that finding capital isn’t the main challenge." https://www.bloomberg.com/news/articles/2026-02-11/banks-backing-green-steel-fund-false-solutions-report-says

A reminder: ICE vehicles waste a whopping 80% of energy in their fuel. EVs are propelled by entirely different mechanisms. Energy enters the vehicle as electricity, which directly powers the drivetrain making it 3-4x more efficient. https://t.co/bvBDqWFEwj
The U.S. Treasury issued a general license for Venezuelan oil and gas exploration that explicitly excludes Russian and Chinese entities, tightening restrictions on Moscow’s energy interests. Kremlin spokesman Dmitry Peskov said Russia will seek clarification from Washington to protect its substantial...
President Trump today will unveil plans to use government funding and Pentagon purchases to sustain coal-fired power plants across the US. https://t.co/jQpTFHYb4v

Pleasure to meet with Colombian Ambassador Luis Fernando Medina at IEA HQ in the lead-up to next week's @IEA Ministerial in Paris We discussed the big step forward Colombia is about to take after its strong progress on the road to...
Ore Energy completed Europe’s first 100‑hour iron‑air long‑duration energy storage pilot at EDF Lab les Renardières, demonstrating multi‑day grid‑connected operation. The test, part of the EU‑backed StoRIES program, ran for several months under varied load profiles and seasonal conditions, moving...
Many got on the make-clean-energy-cheap bandwagon in 2008 and before. But @TheBTI would always claim that most attention had to go to nuclear (which of course did not get cheaper) and belittled solar & wind. No solar champions at all....

Great discussion with Brazilian Ambassador Sarquis ahead of next week's @IEA Ministerial in Paris in which 🇧🇷 Energy Minister @asilveiramg will take part Looking forward to announcing a new phase in the IEA-🇧🇷 relationship following Brazil's request to become an IEA...

European Energy secured Contracts for Difference for three solar farms in the UK, totaling 116 MWp, at a strike price of £65.23 /MWh. The projects—Church Farm, Manor Farm and Old Hall Farm—were awarded in Allocation Round 7a, which delivered 14.7 GW of clean power...

NEW: UK's "AR7" renewable auction was the biggest ever – more than 50% larger than 2024's record AR7 = enough electricity to offset 3/4 of UK LNG imports Labour's AR6+AR7, combined, contracted more GW than all other rounds put together More: https://t.co/zbwhevxD6T https://t.co/am8sWQuqRd

A great pleasure to return to gorgeous Holmenkollen to keynote the Oslo Energy Forum and see so many old friends. And wonderful to reconnect with Prime Minister @jonasgahrstore and EC Energy Director-General @JorgensenJuul https://t.co/OJOwKzWucr
Morgan Stanley’s Chetan Ahya says India is entering a new capex wave driven by a global industrial cycle revival, stronger non‑tech exports, and three structural trends: AI‑related infrastructure, higher defence spending, and the energy‑transition push. He notes that the Indian...

“I think Greenland was a wake-up call. There is more talk [in Brussels] about replacing one dependency with another.” This is what I told the Wall Street Journal about Europe’s increasing dependence on US LNG following the end of Russian...

$USD is soft ahead of the delayed jobs report. Japanese markets were closed for a national holiday, but the dramatic short squeeze of $JPY continued. WTI is up ~2% as the US-Iran confrontation seems near a climax. ...
Andhra Pradesh chief secretary K Vijayanand ordered power utilities to guarantee uninterrupted, 24 × 7 electricity during the upcoming summer. He emphasized rapid commissioning of the Polavaram Hydel Power Project, with the first seven 80‑MW units slated for July 2027, delivering 960 MW of clean...

A new report shows that global electricity demand will increase at an average annual rate of 3.6% between 2026 and 2030. Emerging economies will account for nearly 80% of additional electricity consumption through 2030. More here: https://t.co/ZtTGSlWOMx https://t.co/dw82OPRKGw

Ørsted has received the first six monopiles for the Hornsea 3 offshore wind project at Teesside, marking the start of on‑site works for what will become the world’s largest offshore wind farm. The steel foundations, supplied by Haizea, weigh about 1,670 tonnes...
TotalEnergies announced a 62% reduction in its Q1 share buyback, lowering the program to $750 million after a fourth‑quarter adjusted net income of $3.8 billion fell 13% year‑on‑year. The cut reflects weaker oil and gas prices that offset a 215% surge in...