UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Percent Complete
Abu Dhabi National Oil Company (ADNOC) announced that its second west‑east pipeline, designed to bypass the Strait of Hormuz, is nearly 50 percent complete and on track for a 2027 launch. The project accelerates UAE’s effort to diversify export routes amid heightened regional tensions and recent disruptions in the Hormuz corridor. The pipeline will expand capacity beyond the existing Habshan‑Fujairah line, reinforcing the UAE’s energy security strategy. The development coincides with the UAE’s exit from OPEC, giving it greater autonomy over production and infrastructure investments.
Constellation Seeks Early Site Permit at Oswego, NY
Constellation Energy Corp. announced it will seek an Early Site Permit (ESP) from the NRC to develop advanced nuclear reactors in Oswego County, New York, backed by $30 million in federal and state funding. The ESP could accommodate either large‑scale Gen III...
Interview with Asharq Bloomberg TV Dubai 24.05.2026
On Asharq Bloomberg TV Dubai, The Macro Butler warned that even if the anticipated historic peace agreement in the Middle East materializes, global oil supply chains will remain disrupted for at least the next six months, keeping the oil price...
Philanthropy Giants Focus on Africa to Support Nuclear Power
The Rockefeller Foundation and Temasek Trust announced the Global Coalition for Nuclear Philanthropy (GCNP) to channel philanthropic capital toward nuclear energy deployment in Africa. The coalition, joined by foundations such as Blue Horizons and Founders Pledge, aims to build the case,...
India Leans on Coal as Severe Heatwave Drives Record Power Use
India’s scorching May heatwave pushed electricity demand to a new record of 270.8 GW, the fourth consecutive day of all‑time peaks. Coal‑fired plants supplied about 62% of the power, while solar accounted for 22% and wind and hydro each 5%. Temperatures...
Funding Friday: Public Markets > Private Investment
This week’s climate‑tech financing mix shows public markets gaining traction alongside traditional venture capital. European startup REPS secured $23.6 million to embed hydraulic plates in roadways, converting braking energy into electricity. Nuclear‑reactor pioneer Deep Fission announced a Nasdaq‑bound public offering at...
The Convergence Towards Day-Ahead Markets
The post highlights two converging trends in European power markets: day‑ahead prices have become markedly more volatile, largely due to a surge in solar generation, while short‑term imbalance prices are rapidly aligning with day‑ahead price patterns. Histograms from 2019 to...
Daily Energy Report
China’s weekly onshore oil inventories, which had risen steadily since early 2024, have stalled over the past five weeks. While refinery stocks dropped by 14 million barrels, commercial and strategic inventories remained essentially unchanged. The pause follows a period of aggressive...
Too Cheap to Meter?
Matt Yglesias argues that clean‑energy should become "too cheap to meter," advocating massive solar installations that could raze forested land. He downplays coal’s public‑health harms, labeling them merely "smoggy," and dismisses energy‑efficiency as unnecessary. The author criticizes this techno‑optimism as...
Creating a New Paradigm for Fast Charging Batteries
Researchers at Adelaide University, led by Prof. Shi‑Zhang Qiao, demonstrated a new fast‑charging approach using interfacial anion‑reduction catalysis in pouch‑type lithium‑ion cells. The prototype achieved more than 85% state‑of‑charge in six minutes and delivered an energy density of about 240 Wh kg⁻¹....
Sunnova’s Former CEO Is Bullish on Rooftop Solar Repair
Former Sunnova CEO John Berger has launched Otovo, a subscription‑based rooftop‑solar repair service, and reached 30,000 customers within three months. Two‑thirds of those users pay recurring fees of $9‑$49 per month for round‑the‑clock maintenance of solar, battery and generator systems....
Mnangagwa to Commission 10MW Kwekwe Solar Plant as Zimbabwe Pushes for Energy Independence
President Emmerson Mnangagwa will commission the first 10 MW phase of the New Glovers Solar Project in Kwekwe, a $20 million facility built by the Public Service Pension Fund. The plant features 18,600 panels, 31 inverters and two smart transformers, delivering roughly...
Debunking the Global Oil Inventory Crisis: Narratives Vs. Reality
Anas Alhajji’s May 2026 Substack post challenges the prevailing narrative of a looming global oil inventory crisis, arguing that claims of an 11 mb/d shortfall and a loss of over one billion barrels are unfounded. He backs the argument with a series...
The Love Affair with Batteries and Energy Tech Just Keeps Getting Deeper
Australia’s Cheaper Home Batteries program has sparked a surge of roughly 250,000 new residential battery installations, mirroring the earlier rooftop‑solar boom. The average home battery now sits at about 30 kWh, letting owners shift evening loads off the grid. Parallel growth...
Community Batteries and the Missed Opportunities of Virtual Power Plants
Australia’s home‑battery boom is outpacing the rest of the world, accounting for 9% of global capacity in March alone, yet virtual power plants (VPPs) remain under‑utilised. In the UK a 10 kW battery can earn about $625 per year, with larger...