Paladin Targets 2027 Uranium Decision on Patterson Lake South
Paladin Energy said it will decide by the end of 2027 whether to fund the Patterson Lake South (PLS) uranium project in Saskatchewan. The high‑grade Triple R deposit is moving through front‑end engineering, design and permitting after receiving provincial environmental approval. PLS contains about 93.7 million pounds of U₃O₈ at 1.41% grade, targeting 9.1 million pounds of annual production over a 10‑year mine life with first uranium expected in 2031. A judicial review filed by the Métis Nation‑Saskatchewan could delay the Canadian Nuclear Safety Commission’s construction licence.
Iberdrola Wind Farm Hit by Last Minute Stop Work Order – and Not in the US This Time
Iberdrola's 105 MW El Escudo on‑shore wind farm in Cantabria was halted by Spain's Energy Ministry after unresolved administrative appeals triggered an automatic suspension. The project, 92% complete with 23 of 25 Vestas turbines installed, faced appeals from environmental groups that courts...
MoIT to Ensure Power Supply Security for 2026
Vietnam’s Ministry of Industry and Trade (MoIT) announced measures to secure power supply through 2026 amid an early heatwave that pushed northern demand to about 1 billion kWh by end‑March. The agency approved a 2026 supply plan assuming an 8.5% baseline load...
What Can Governments Do when Petrol Prices Rocket?
Petrol and diesel prices in the UK have surged as Middle East supply disruptions push global oil costs higher. Consumers face record pump prices, prompting accusations of profiteering and calls for government action. The article evaluates three policy options—price caps,...
San Diego Community Power Prepay First to Involve REIT
Realty Income became the first REIT to fund a prepaid‑energy municipal bond, backing San Diego Community Power's $687.2 million revenue‑bond issuance. The deal, priced on March 10 through the California Community Choice Financing Authority, was heavily oversubscribed despite market volatility from the...
Maine Passes Balcony Solar Law, Virginia and Colorado to Follow
Maine Governor Janet Mills signed LD 1730 on April 6, 2026, legalizing plug‑in, or balcony, solar systems up to 1,200 watts. The law requires UL 3700‑certified panels, rapid‑shutdown inverters, and notification for units over 420 watts, while barring utilities from imposing interconnection fees or approvals....
Snøhetta Adds "Positive Energy Building" To Dunkirk Port
Snøhetta and Santer Vanhoof have completed Écosystème D, a positive‑energy hub in Dunkirk’s port. The 1,200 m² photovoltaic roof produces more power than the building consumes, feeding surplus electricity to the surrounding innovation district. Constructed from a wooden frame clad in metal...
Sodium-Ion Battery Study Claims Zero Thermal Runaway Breakthrough
Researchers at the Chinese Academy of Sciences have demonstrated a polymerizable non‑flammable electrolyte that eliminates thermal runaway in ampere‑hour‑scale sodium‑ion batteries. Published in Nature Energy, the study reports the first zero‑thermal‑runaway performance for sodium‑ion cells using the new PNE material....
India Becomes Third Largest Country for Solar PV Capacity
India has become the world’s third‑largest holder of renewable‑energy capacity, now at 274.68 GW, with solar PV surpassing 150 GW. The FY 2025‑26 year saw a record 44.61 GW of new solar capacity, more than double the previous year’s addition. Domestic solar‑module manufacturing rose...
Qatar Vows to Remain Reliable Energy Supplier to India Amid West Asia Tensions
Qatar’s Energy Minister Saad Sherida Al‑Kaabi pledged to remain a reliable supplier of LNG and LPG to India during a two‑day visit by Indian Oil Minister Hardeep Singh Puri. Qatar accounts for 45% of India’s LNG imports and 20% of its LPG, making it...
Iberdrola Nears Full Takeover of Brazil's Neoenergia
Iberdrola has increased its stake in Brazil’s Neoenergia to 98%, moving toward a full takeover that could be completed within weeks via a squeeze‑out right. The latest purchase added 14.2% of shares at BRL 33.77 per share (about $6.6), amounting to...
Australia Backs Proposed LNG Terminal to Stave Off Victoria’s Gas Supply Crunch
Viva Energy has obtained federal environmental clearance under the EPBC Act for a new liquefied natural gas (LNG) terminal at Geelong Refinery Pier. The approval follows a positive state assessment and allows the project to proceed subject to conditions. Viva...
Iran Confusion Makes the Case for Causal Modelling
Risk managers are grappling with the tangled uncertainties of the Iran‑US conflict, where traditional scenario testing—relying on past crises—fails to capture the unique dynamics of oil prices and prolonged infrastructure damage. Alexander Denev showed that Anthropic’s Claude LLM can construct...
Japanese Rail Operator to Procure 98 MW of New Solar via Corporate PPA
Japanese transport conglomerate Tokyu Corp. announced a corporate power purchase agreement to supply Tokyu Railway with approximately 98 MW (DC) of newly built solar power. The PPA, managed with Tohoku Electric, will begin delivering electricity in fiscal 2026 and run for...
DHL Express Norway Adopts Spirii Charging Platform
DHL Express Norway has fully migrated its depot charging infrastructure to Spirii’s end‑to‑end platform, securing reliable 24/7 power for its electric fleet. Spirii, majority‑owned by Edenred, offers real‑time monitoring, billing, RFID and app‑based access, and integrates public chargers along routes....
Array to Supply OmniTrack Solar Trackers for Pekintas’ 260MW Solar Project
Array Technologies will install its OmniTrack terrain‑following solar trackers on Pekintas’ 260 MW photovoltaic plant in Karaman, Turkey. The project, a joint venture between Turkish developer Pekintas and Germany’s Schmid Group under the YEKA programme, will also use TOPCon+ solar cells...
Deals of the Week: RWE, Nordex, TenneT and Galp
RWE announced a major divestiture of its Nordic renewable assets, marking one of the week’s headline deals. The week also saw a UK floating wind project sold for a nominal £1 after a contract was cancelled, and a high‑profile dispute...
Big Tech Is Going Nuclear
Big Tech is injecting capital into the nascent small modular reactor (SMR) market to secure low‑carbon power for AI‑intensive data centres. Meta pledged funding for two Terrapower units totalling up to 690 MW and a 1.2 GW Oklo campus in Ohio, while...
Tata Power Partners with CORE Academy to Train Renewable Energy Workforce
Tata Power has engaged CORE Academy, the specialised training arm of POWERCON Group, to upskill its wind turbine operations and maintenance workforce. The curriculum spans theoretical safety and system modules, hands‑on field training, and advanced troubleshooting, data analytics, and remote‑command...
Half of Aldi's UK Stores Expected to Feature Solar Panels by End of 2026
Aldi announced it will install solar panels at an additional 62 UK supermarkets this year, bringing the total to over 500 stores with on‑site renewable generation. The rollout aims to cover roughly half of the chain’s UK footprint by the...
Coal India Absorbs Price Shock Despite Sharp Rise in Operational Costs
Coal India said it will absorb a sharp rise in input costs, including a 44% jump in ammonium nitrate to ₹72,750 per ton (≈$877) and a 54% surge in industrial diesel to ₹142 per litre (≈$1.71). Explosives costs rose 26%...
Strait of Hormuz Control Key to Iran’s Deterrence Strategy
Iran’s Islamic Revolutionary Guard Corps has formalized control over the Strait of Hormuz, requiring vessel‑by‑vessel clearance and tolls paid in Chinese yuan or cryptocurrency. The move leaves roughly 175 fully‑laden tankers—about 150 million barrels of crude and products—stranded in the Arabian...
Gulf of Suez Oil Output on the Rise as New Well Joins in on the Action
GUPCO has brought the South Wasl BB exploration well online in Egypt’s Gulf of Suez, adding roughly 2,500 barrels of oil and 3 million scfd of gas per day. The new well is tied directly into existing facilities, pushing GUPCO’s total output...
Nordex Secures Orders From Turkey and Germany at the End of the Quarter - Nordex Stock Among Top 3 in...
Nordex secured two new wind‑energy contracts worth 160 MW at the end of March 2026, including a 120 MW order in Turkey’s Balıkesir region and a 39.9 MW repowering project in Germany’s Schleswig‑Holstein. The Turkish deal involves 18 N175/6.X turbines with a ten‑year...
Energy-Hungry Nova Scotia Companies Nearly Doubled Their Solar Power Capacity in 2025
Nova Scotia’s commercial solar capacity surged 82% in 2025, nearly doubling the sector’s output. New net‑metering rules now permit installations up to one megawatt, and a federal tax credit covering 30% of capital costs has spurred larger projects. The province...
Solar Project Twice the Size of Paris to Produce Green Fuels
China’s Xinjiang region launched a massive green‑hydrogen project powered by a 13.5 GW solar array, the world’s second‑largest. The solar farm, covering 230 sq km—more than twice the size of Paris—will generate up to 3.6 million tonnes of methanol annually from 675 000 tonnes of green...
Chinese Module Trading Slows After Export Tax Rebate Cancellation
OP IS reported a modest dip in the FOB China TOPCon spot price to $0.119/W, down 0.83% amid post‑Lunar New Year slowdown. The decline follows China’s removal of export tax rebates on PV products effective April 1, prompting manufacturers to absorb higher...
‘The Wrong Signals’: Tony Blair Urges Government to Approve New Oil and Gas Fields
Former prime minister Tony Blair’s think‑tank, the Tony Blair Institute, released a paper urging the UK government to approve new North Sea oil and gas licences, including the Rosebank and Jackdaw projects, while also accelerating electrification of heating, transport and...
Japan, Oman Sign Carbon Offset Deal
Japan and Oman signed a joint offset agreement on April 9, creating a Joint Crediting Mechanism to spur decarbonising technologies in Oman. The deal marks Japan’s 32nd bilateral JCM partnership and targets 100 million tCO₂e reductions by FY2030‑31 and 200 million tCO₂e by FY2040‑41. Credits...
TenneT Signs Contract with Developer for ‘First Controllable Congestion Mitigator’ BESS Project in Netherlands
Dutch transmission system operator TenneT has signed a contract with Green Energy Storage to build the 200 MW/800 MWh Sequoia battery energy storage system in North Brabant. The deal uses a time‑bound transmission right and a capacity‑control contract, making it the first...
World Shares Mostly Higher, Oil Gains Ahead of Planned US-Iran Ceasefire Talks
World equity markets rose on Friday, echoing Wall Street gains as investors priced in optimism around upcoming US‑Iran ceasefire talks in Islamabad. Asian indexes led the rally, with South Korea’s Kospi up 1.4% and Japan’s Nikkei jumping 1.8%, while Fast...
Eskom Confident of Meeting Winter Demand, Minerals Council South Africa Indicates
Eskom says it can meet South Africa’s winter electricity demand, even though its energy‑availability factor slipped to 66.8% in March, below the 68% target. The utility still holds over 4,000 MW of dispatchable reserve and has reduced unplanned outages to 9,201 MW...
EV Chargers, Solar Batteries and Smart Systems in Your Home Must Comply with These New Electric Rules From April 15
From 15 April 2026 the UK will enforce updated electrical safety regulations that reshape how solar‑battery storage, electric‑vehicle chargers, power‑over‑Ethernet, and smart‑home wiring are installed in residential properties. The rules prohibit battery placement in lofts or escape routes, demand proper ventilation, clear...
Oil On Track For Biggest Weekly Loss Since June Ahead Of Peace Talks
Oil prices rose on Friday but remain on track for the steepest weekly decline since June 2025 as traders await U.S. rig‑count data and the outcome of U.S.–Iran diplomatic talks. Brent hovered near $98 a barrel and WTI at $99.85,...
Japan Plans Another Oil Reserves Release
Japan announced it will release an additional 20 days' worth of strategic oil reserves beginning in May, Prime Minister Sanae Takaichi said at a cabinet meeting. The release follows earlier drawdowns aimed at stabilizing domestic fuel prices amid heightened global...
Legend and Lone Star Power Stations Break Ground in Port Arthur, Adding 1,200 MW to Southeast Texas
Entergy Texas broke ground on the Legend and Lone Star natural‑gas power stations in Port Arthur, adding more than 1,200 MW of capacity that will serve over 300,000 homes. The twin plants, approved by the Texas PUCT in 2025, are slated...
Stochastic Methods for Forecasting and Power System Mode Optimization with a High Share of Renewable Energy Sources: A Case Study...
The study introduces a hybrid forecasting framework that combines Long Short‑Term Memory (LSTM) neural networks with GARCH econometric models to predict solar generation in Tajikistan’s hydro‑centric power system. Tested on 2021‑2023 data, the two‑loop algorithm achieved a Mean Absolute Percentage...
Defiance Makes Its European Debut with a UCITS ETF Focused on Energy Infrastructure for Artificial Intelligence
Defiance launched its first European UCITS ETF focused on AI‑driven energy infrastructure, replicating the MarketVector™ Defiance US Listed AI and Power Infrastructure Index. The fund holds 57 US‑listed companies, with $243.7 million in assets and a 0.69% expense ratio. Sector allocation...
Tesla Reportedly Adds Sunwoda as Additional Battery Cell Supplier
Tesla has added Chinese battery maker Sunwoda as its fifth supplier of traction‑battery cells, joining CATL, Panasonic, LG Energy Solution and BYD. Sunwoda’s third‑generation LFP cells, capable of 3C charging, are already being used in vehicles built at Tesla’s Shanghai...
Eskom and Ferrochrome Producers Strike 62c/kWh Deal, with Nersa Process to Follow
South Africa’s state utility Eskom has struck a 62 c/kWh electricity tariff agreement with ferrochrome producers Glencore‑Merafe Chrome Venture and Samancor Chrome. The five‑year deal, still subject to National Electricity Regulator of South Africa (Nersa) approval, aims to curb high power...
Utility Accountability Bills Divide Maryland’s Democratic Leadership
The Maryland Senate overturned key consumer‑protection measures passed by the House, reinstating a $1 billion gas‑pipeline subsidy and allowing utilities to keep a share of unspent ratepayer funds. The Senate also kept cuts to the EmPOWER energy‑efficiency program, lowering its savings...
Same Old Story for Shippers, Asked to Recover From Steep Fuel Surcharges Again
U.S. diesel prices surged to an average $5.64 per gallon in April, up from $3.76 before the U.S.-Israel conflict, pushing fuel costs for truckers and freight carriers higher. The spike inflates per‑mile operating expenses, squeezes carrier margins and fuels broader...
Australia to Underwrite Refiners' Spot Fuel Trades
Australia’s Export Finance Australia (EFA) will underwrite spot‑market fuel and crude oil purchases for refiners Viva Energy and Ampol, reducing financial risk and enabling access to otherwise uncommercial cargoes. The government can direct the additional fuel to regions facing tighter...
Japan to Ease Oil Bottleneck, Ensure Stable Supply
Japan’s Ministry of Economy, Trade and Industry (METI) has launched a task‑force to curb oil‑product bottlenecks, directing major refiners such as Eneos, Idemitsu and Cosmo Oil to supply critical facilities directly. The government mandates that monthly volumes match the same...
Shell Targets 2027 Gas Start-Up at Loran-Manatee Field
Shell announced that it will start natural gas production from the offshore Loran‑Manatee field in 2027, a joint development straddling Venezuela and Trinidad and Tobago. The company has boosted the pipeline capacity to transport the gas to Trinidad to 1 billion...
ConocoPhillips Assessing Oil Opportunities in Venezuela
ConocoPhillips is sending a small evaluation team to Venezuela this week to assess oil and gas prospects. The U.S. producer, which left the country in 2007 after nationalization, is still owed roughly $12 billion plus interest from arbitration awards. The move...
RWE Installs CO2-Reduced Steel Tower and Recyclable Blades at Thor
RWE has installed an offshore wind turbine at the Thor project using a reduced‑CO₂ steel tower and recyclable rotor blades. The 1.1 GW farm, located 22 km off Denmark’s west coast, now delivers its first power to the grid and will host...
RWE Installs CO2-Reduced Steel Tower and Recyclable Blades at Thor
RWE has installed an offshore wind turbine at Denmark’s Thor wind farm using a reduced‑CO₂ steel tower and recyclable rotor blades. The turbine is part of the 1.1 GW project, which began delivering power to the Danish grid and will host...
The Oil Market Faces a Major Reckoning if US-Iran Peace Talks Fail
Oil futures on the NYMEX are trading below $100 per barrel, while spot prices for immediate delivery to Asia and the Middle East sit between $126 and $140. The $30‑$40 premium reflects supply constraints caused by Iran’s restriction of the...
Tanker with Russian Flag Transits Hormuz
A Russian‑flagged VLCC named Arhimeda transited the Strait of Hormuz, one of only four tankers flying Moscow’s colors. The supertanker, built in 2000, headed westward toward Iran’s Kharg Island before listing “for orders,” indicating no fixed next call. Its recent...