Radisson Hotel Group Raises Net-Zero Ambition for 100 Hotels, Sets 2030 Goal
Radisson Hotel Group announced a 2030 ambition for all 100 of its hotels to achieve net‑zero status, expanding the Verified Net Zero Hotels pilot that currently operates in Manchester and Oslo. The initiative targets full elimination of Scope 1 and 2 emissions through electrification, renewable heating and cooling networks, and 100 % renewable energy sourcing, while also addressing Scope 3 emissions across supply‑chain activities. Third‑party verification will be performed by TÜV Rheinland to ensure compliance with the Net Zero Methodology for Hotels. Expansion will begin in Norway and roll out to Denmark, Sweden, the UK, South Africa, and later Germany, Austria and the Canary Islands.
Kaunas Airport Pioneers Use of Hydrogen Powered Truck
Lithuania’s Kaunas Airport successfully trialed a 10‑ton hydrogen‑powered heavy‑duty truck, completing roughly 100 km of apron, runway and taxiway cleaning without emitting CO₂. The test is part of the EU‑funded Interreg Baltic Sea Region BSR HyAirport project, which also sees similar pilots...
The Conflict Is Disrupting More than Just Energy Flows, What Do Investors Need to Watch For?
The closure of the Strait of Hormuz is choking the flow of more than 20% of global oil, 25% of LNG and a suite of critical industrial inputs such as phosphate fertilizer, sulfur and urea. These constraints are creating a...
How Long Can the Bank of Canada Look Through a US$100 Oil Shock?
BMO projects Canadian inflation edging just above 3% in April as oil prices breach $100 per barrel, yet the Bank of Canada keeps its policy rate steady at 2.25%. The governing council said it will "look through" the temporary energy...
Improving Recycling Rates for Cell-to-Pack Battery Systems
The Fraunhofer IPA‑led ‘Difference’ project targets the low recyclability of Cell‑to‑Pack (CTP) battery designs, which replace traditional modules with directly integrated cells. By focusing on robot‑assisted, laser‑based disassembly, the consortium aims to separate adhesives, foams and metals efficiently. The initiative,...
Green Steel Is the Way Forward for Indiana, Former Steelworkers Say
Former steelworkers in Northwest Indiana, now members of Gary Advocates for Responsible Development, are urging a shift from coal‑based integrated mills to cleaner direct‑reduced‑iron (DRI) and electric furnace technologies. A joint report by Indiana University and 5 Lakes Energy estimates...
Oil Rises and Asian Stocks Fall After Trump Says US Will Hit Iran Hard
Oil prices surged over 4% after President Donald Trump pledged to intensify U.S. strikes on Iran, pushing Brent crude to $106.16 a barrel and U.S. crude to $104.15. Asian equity markets reacted sharply, with Japan's Nikkei down 1.9% and South...
The Battery Linchpin: Why Energy Storage Is the only the only Way to Safely Power the AI Boom
The AI boom is set to push North American summer peak demand up by 224 GW, a 69% jump over the previous decade forecast. To meet the 24/7 power needs of hyperscale data centers, developers plan 24.3 GW of utility‑scale battery storage...
OMV Petrom’s Black Sea Well Fails to Find Significant Gas Volumes
OMV Petrom and its partners completed drilling the Krum‑1 exploration well in the Han Asparuh Block offshore Bulgaria, reaching roughly 3,500 metres without encountering significant gas volumes. The well follows the Vinekh well as the second deep‑water test in the Black Sea basin....
Robert Allan Ltd. Develops RApide 1800 Design for Brazilian Bunkering Operations
Robert Allan Ltd., partnering with Brazil’s Indústria Naval Catarinense Ltda., unveiled the RApide 1800 pushboat design for Transpetro’s bunkering operations. The 18.7‑meter vessel, 9.2 meters wide, features twin 450 kW Z‑drive thrusters and is classed by Bureau Veritas to meet NORMAM‑202/DPC inland navigation...
TotalEnergies, Masdar Establish US$2.2 Billion Asia Renewables Partnership
TotalEnergies and Masdar have formed a $2.2 billion 50‑50 joint venture to develop on‑shore solar‑PV, wind and battery‑storage projects across nine Asian countries. The new entity combines roughly 3 GW of operational assets with a 6 GW pipeline slated for completion by 2030....
StanChart Warns OPEC+ Could Abandon Cuts at Next Meeting
Standard Chartered’s energy research head Emily Ashford warned that the OPEC+ meeting on April 5 could see the group abandon its voluntary output cuts and associated compensation cuts, effectively unwinding the remaining April 2023 adjustments. She highlighted that eight OPEC+ members, led...
Colorado House Passes Legislation to Legalize Plug-In Solar for Renters
The Colorado House approved HB26‑1007, a bill that legalizes plug‑in solar systems for renters and multifamily residents. The legislation treats these portable photovoltaic arrays as personal property, sidestepping HOA and municipal bans, and mandates UL 3700 safety certification. It also...
T1 Energy Produced 2.8GW Solar Modules in 2025, Forecasts up to 4.2GW in 2026
U.S. solar maker T1 Energy reported 2.79 GW of module production in 2025, aligning with its 2.6‑3 GW guidance. Q4 net sales surged to $358.5 million, while the net loss narrowed to $190 million, half of the prior year’s loss. The company secured a...
Workforce Gap of 53,000 Threatens 2026 Solar Deployment Targets
The U.S. solar sector must meet a July 4, 2026 construction deadline to secure full federal tax credits, prompting a surge in project activity. Current employment stands at 280,000, but analysts project a need for 355,000 workers by late 2026, leaving a 53,000‑person...
SSE Appoints Derrymeen BESS Contractors
SSE has named Kirby Group Engineering and Sungrow as the primary contractors for the 100 MW/200 MWh Derrymeen Battery Energy Storage System in County Tyrone. Sungrow will provide its PowerTitan 2.0 battery technology while Kirby will manage construction and balance‑of‑plant work. Mobilisation is underway...
Correspondence: Registering with and Reporting Your Fuel Prices to Fuel Finder
The Competition and Markets Authority (CMA) has issued an open letter urging all road fuel retailers to register with the government’s Fuel Finder platform and to report any price changes within 30 minutes. Starting 1 May 2026, the CMA will actively enforce...
Uber Expands $4,000 Grants For Drivers Who Switch To EVs
Uber has broadened its $4,000 "Go Electric" grant to every driver in the United States, extending a program that was previously limited to New York, California, Massachusetts and Colorado. The incentive applies to Platinum and Diamond drivers who switch to...
Osprey Opens New Midlands Ultra-Rapid EV Charging Hub
Osprey Charging has opened a new ultra‑rapid EV charging hub at Twyford Services near Evesham, featuring 16 Kempower chargers capable of 300 kW output. The site can potentially serve up to 32 vehicles at once and offers a range of payment...
Borr Drilling Secures New Drilling Rig Contracts Across Four Regions
Borr Drilling announced new contract commitments and extensions for four of its premium jack‑up rigs spanning West Africa, the Americas, Europe and Southeast Asia. The Prospector 5 rig secured a binding 320‑day, up‑to‑220‑day extension contract with BW Energy in Gabon. The...
Transocean Secures $1bn Backlog Boost
Transocean announced a roughly $1 bn increase to its order backlog after winning a new harsh‑environment semisub contract in Norway and securing extensions for two ultra‑deepwater drillships in Brazil. The Barents rig will operate under a 1,095‑day, $450,000‑per‑day agreement starting mid‑2027,...
We’re Absorbing £7M+ in Costs to Protect Our Customers.
Energy supplier tem is absorbing over £7 million (≈$9 million) of the 2026 TNUoS residual banded charge for contracts signed before October 2025, shielding customers from a 60% increase. The TNUoS charge, a non‑commodity cost set by NESO, is rising due to under‑investment...
Future of Matla Mine, Power Station Secured as Exxaro, Eskom Ink CSA to 2043
Exxaro Resources and state utility Eskom have signed a new coal supply agreement that extends the delivery of Matla mine coal to the Matla power station through November 2043, renewing a partnership that began in 1983. The contract is a...
VIDEO – Energy Storage Summit 2026: Assessing Germany’s Unique Merchant Opportunities
At the Energy Storage Summit 2026 in London, a panel examined Germany’s merchant‑only energy‑storage market, where subsidies are scarce and revenue must come from grid services and market participation. Speakers highlighted that Germany is projected to install 24 GW of utility‑scale storage...
BP, ADNOC JV Takes FID on Harmattan Gas Project Off Egypt
Arcius Energy, the BP‑ADNOC joint venture, announced a final investment decision to develop the Harmattan gas field in Egypt’s El Burg Offshore concession. The project carries an estimated $500 million investment and aims to lift domestic natural‑gas output. Execution contracts have been...
Carbon - In Focus: UK ETS Widens Discount to EU in Q1
The UK emissions trading scheme (ETS) front‑year contract widened its discount to the EU ETS in Q1, averaging £14.75 per tonne of CO₂e (about $19) and swinging between £6.85 and £25 per tonne. This is the broadest quarterly gap since...
Five Key Lessons for a Data Centre and Energy Win-Win
Adrian Del Maestro argues that the rapid expansion of AI‑driven data centres hinges on secure, clean power and strategic use of "powered land". He highlights that under‑utilised sites with grid connections can generate new revenue streams while supporting the UK’s digital...
China Says US, Israeli Attacks on Iran the ‘Root Cause’ of Hormuz Strait Blockage
China’s foreign ministry said US and Israeli strikes on Iran caused the Strait of Hormuz blockage. The closure has pushed Brent crude to about $100 a barrel, spiking global oil prices by 40‑50%. Chinese airlines announced fuel surcharges, while President...
Dimension Energy Secures $650m for Community Solar Projects
Dimension Energy secured a $650 million financing package to develop a 132 MW portfolio of 25 community solar projects across Pennsylvania, New York, New Jersey and Illinois. The deal includes $415 million in debt from MUFG, First Citizens Bank, ING Capital and National Bank of...
Fuel Prices Are Soaring. Plastic Could Be Next.
The ongoing Iran‑related conflict has closed the Strait of Hormuz, pushing crude oil above $100 per barrel and gasoline past $4 a gallon in the United States. The spike is reverberating through petrochemical feedstocks, especially naphtha, where Asian prices have...
First Malta-Italy Interconnector Back in Service After Works on Second Link Demanded Shutdown
The first Malta‑Italy interconnector (IC1) was re‑energised on April 1 after a brief shutdown to reroute control cables for the upcoming second link. The work, performed at the Ragusa terminal in Sicily, included preparation for a new 220 kV hybrid switchgear...
Oil Hikes 7% After Trump Says US-Israel Will Keep Striking Iran
Oil prices surged nearly 7% on Thursday after President Donald Trump warned that the United States and Israel would continue striking Iran, reigniting concerns over supply disruptions. Brent crude rose to $108.81 a barrel and U.S. WTI to $107.18, marking...
Romanian Investment Platform Looks to Open up BESS Project Financing to Retail Investors
MetaWealth announced the launch of its first battery energy storage system (BESS) in Dumbrava, Neamț, Romania, financed in part through a corporate bond aimed at retail investors. The bond carries a minimum ticket size of €25,000 (about US$29,000), marking a...
TNO Claims ‘World’s First’ Perovskite Solar Roof Tile
Dutch research institute TNO, together with thin‑film specialist ASAT, unveiled what it calls the world’s first perovskite solar roof tile. The flexible perovskite module delivers 13.8% efficiency on foil and 12.4% after being bonded to a curved composite tile. TNO...
The Iran War Is Turning the Energy Transition Into an Energy Security Story
The war involving Iran is reshaping the global energy transition by turning energy security into a central concern. Conflict‑driven supply disruptions have pushed oil and gas prices higher and heightened market volatility. Private infrastructure investors, who previously emphasized pure renewable...
AquaChile Incorporates Sustainable Fuel Into Truck Transport Logistics Strategy
AquaChile, Chile's largest salmon farmer, will power its 270‑truck transport fleet with renewable BioLNG starting in 2025. The BioLNG, produced by partner Lipigas from agricultural waste, can run on existing LNG equipment, enabling a seamless transition. The switch is projected...
EnQuest Enters Malaysia with Cendramas Production Sharing Deal
EnQuest plc has signed a production sharing contract for the Cendramas block offshore Malaysia, securing a 25% participating interest through its subsidiary EnQuest Petroleum Production Malaysia. The block will be operated by Medco Asia Pacific, which holds a 50% stake,...
Onsemi’s Hybrid Power Integrated Modules Used in Sineng Electric’s Solar and Energy Storage Solutions
onsemi announced that its next‑generation hybrid power integrated modules (PIMs) will be used in Sineng Electric’s 430 kW liquid‑cooled string energy storage system and 320 kW utility‑scale solar inverter. The FS7 IGBT and EliteSiC‑based F5BP modules deliver 32% higher power density and...
Why Doesn’t Texas, the Leader of Onshore Wind Energy, Have Any Offshore?
Texas, the nation’s onshore wind leader, has no offshore projects because state officials blocked approvals, causing zero bids in the 2023 federal Gulf lease auction. Despite the Gulf’s high wind potential and Texas’s oil‑gas expertise, political hostility, stringent easement requirements,...
Georgia’s New Public Service Commissioner Says She Will Put Affordability and Transparency First
Alicia Johnson, newly elected Georgia Public Service Commissioner, is pledging to put affordability and transparency at the forefront of utility regulation. Her election, alongside Democrat Peter Hubbard, marks the first Democratic presence on the five‑member commission since 1998, reflecting a...
Malaysia Government to Maintain Subsidised Petrol Prices as Global Oil Disruption Persists: MOF
Malaysia will keep subsidised fuel prices for another week despite Brent crude topping $100 per barrel and refined gasoline and diesel exceeding $150 and $250 respectively. Retail rates without subsidies rise to RM4.95 ($1.09) per litre for RON97 and RM6.02...
Energean Warns Prolonged Conflict May Delay $1B Gas Project
Energean is spending roughly $10 million each month to keep its Israeli offshore assets on standby as the Israel‑Iran conflict drags on, and its $1 billion Katlan gas development could be postponed if hostilities extend beyond May. CEO Mathios Rigas emphasized that...
First LNG Tanker Exits Strait of Hormuz Along Omani Coast
A liquefied natural gas tanker, identified as the Omani‑flagged Sohar LNG, has become the first LNG vessel to navigate the Strait of Hormuz since the regional conflict began. The ship, which appears to be sailing empty, altered its course to...
Amid Europe’s Energy Storage Boom, Residential Batteries Offer New Trading Potential
Europe’s residential battery fleet is expanding rapidly, with Germany alone installing hundreds of thousands of home storage units. Yet most of these batteries operate only in self‑consumption mode, missing out on lucrative electricity markets. Podero proposes aggregating thousands of modest...
TenneT, National Grid Ink Joint Development Agreement for LionLink Interconnector
Transmission system operators TenneT and National Grid Ventures have signed a joint development agreement to advance LionLink, a 2‑GW hybrid interconnector linking the UK and the Netherlands via the planned Nederwiek 3 offshore wind farm. The JDA outlines joint procurement, governance...
Valero's Rally: Why This Refiner Is Built to Last
Valero Energy is leveraging record‑high crack spreads and a 98% refinery utilization rate to generate strong cash flow. Tight global refining capacity, driven by plant closures and regulatory headwinds, gives the company a structural pricing advantage. The refiner’s balance sheet...
Big Wind Ambition, Real Infrastructure Gap: Ireland Must Accelerate Now
Ireland aims to harness up to ~37 GW of offshore renewable energy by 2050, leveraging its deep Atlantic waters for floating wind. However, existing ports lack the depth, capacity and lay‑down space—currently only 40‑50 ha—required for large‑scale projects. The government has outlined...
Germany and Poland Build First Renewable Cross-Border District Heating System
Construction has begun on United Heat, a renewable cross‑border district heating network linking Görlitz, Germany and Zgorzelec, Poland. The system combines heat pumps, biomass, solar thermal, power‑to‑heat and waste‑heat from sewage gas to replace gas‑fired and coal plants. A 3.8 km...
Iran Conflict Highlights Vietnam’s Energy Security and Foreign Policy Vulnerabilities
The Iran‑Israel war has shut the Strait of Hormuz, driving global oil and LNG prices to record highs and exposing Vietnam’s reliance on imported fuels. Since February, gasoline prices have jumped 50% and diesel 70%, prompting fuel shortages and longer...
Zambia Launches 300MW Solar PV Tender Through CFIP Scheme
Zambia has opened a 300 MW solar photovoltaic tender under its Carbon Feed‑In Premium (CFIP) programme, targeting projects with on‑site battery storage. The Ministry of Green Economy and Environment and the Ministry of Energy invite local and international independent power producers,...