Energy News and Headlines
Energy News and Headlines
Energy Pulse
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Every morning
Weekly
Tuesday recap
Europe faces its sharpest energy shock since 2022 after Iran closed the Strait of Hormuz, cutting roughly 20% of global oil and liquid gas supplies. Benchmark oil prices have surged above €115 ($125) per barrel and EU gas prices are up 70% versus pre‑war levels, prompting fears of physical shortages by April. Germany responded with a fuel price package limiting station price hikes to once daily and tighter competition rules, while France introduced a $76 million emergency plan targeting transport, agriculture and fishing. EU energy ministers will meet to harmonize actions and prevent a patchwork of national measures.
The German Federal Network Agency launched an innovation tender to allocate 475 MW of new solar PV capacity by early May. Bids must be submitted by 4 May with a ceiling price of 7.13 euro‑cents/kWh (about 6.3 US cents/kWh). The tender targets utility‑scale projects...
ABB has integrated generative artificial intelligence into its Energy Management System, branding the new capability as the Industrial Knowledge Vault (IKV). The AI layer lets users pose natural‑language questions about energy consumption, delivering instant analytics without manual data mining. Mining...
Scotland’s SNP‑led government reaffirmed its ban on new nuclear projects, including small modular reactors (SMRs) and experimental fusion, emphasizing that these technologies remain unproven. Climate cabinet secretary Gillian Martin highlighted the urgent need for deployable renewable solutions, citing wind and...
Premier Energies has commissioned a 5.6 GW solar‑module plant in Seetharampur, Telangana, raising its total manufacturing capacity to 11.1 GW. The 75‑acre facility can produce four G12R zero‑busbar TOPCon modules every 16 seconds and has begun trial production. It is expected to generate...
Devon Energy CEO Clay Gaspar reflected on his first year, highlighting a three‑pillar strategy that sharpened culture, organic growth, and portfolio optimization. He explained that the recently announced merger with Coterra Energy is a strategic fit that delivers scale and operational...
The Strait of Hormuz blockade, now in its second month, has halted the flow of roughly 21 million barrels of oil per day—about 20% of global consumption—and disrupted 30% of the world’s nitrogen‑based fertilizer trade, sending Brent crude sharply higher. British...
The Texas Public Utility Commission (PUCT) released a draft report on 16 March 2026 proposing six changes to how wholesale transmission costs are recovered in the ERCOT market. Key proposals include replacing the four‑coincident‑peak (4CP) methodology with a broader set of peaks...
Seabed preparation has begun on the OranjeWind offshore wind project off the Dutch coast, with Jan De Nul launching a filter‑layer installation campaign. The rock‑installation vessel Simon Stevin will lay the first erosion‑protection layer by May, clearing the way for 53 Vestas V236‑15 MW...
Fuel prices in Nigeria have surged 65% as the newly built 650,000‑bpd Dangote refinery failed to offset market pressures from costly crude imports and debt‑linked export obligations. In the UK, mortgage approvals rose to 62,584 in February, outpacing forecasts, while...
Chinese battery maker CALB has begun series production of its R46 cylindrical cells at the Chengdu plant for Aridge, Xpeng’s flying‑car subsidiary. The hybrid liquid‑solid batteries deliver up to 360 Wh/kg and support a 25 C discharge rate, meeting aviation‑grade safety standards...
Qnetic, a SOSV‑backed startup, is launching low‑volume production of its Q500 solid‑state flywheel energy storage system at a new Sacramento factory. The Q500 is designed for 500 kWh capacity, 125 kW power, and up to twelve hours of discharge at lower power,...
Vietnam’s state‑owned Petrovietnam Drilling & Well Service Corp. (PV Drilling) officially named its newly acquired jack‑up rig PV DRILLING IX, formerly the Noble Highlander, on March 27. The vessel, built to Friede & Goldman JU2000E specifications, can drill to 9,144 meters and operate in water up to 129.5 meters...
Geojit Retail Equity Research upgraded Coal India Ltd. (CIL) to a Buy, setting a new target price of ₹506 (≈ $6.10) from a current market price of ₹450.25 (≈ $5.42). The miner posted Q3 FY26 revenue of ₹34,924 crore (≈ $4.2 bn) and PAT of...
The Federal Energy Regulatory Commission approved Golden Triangle Storage LLC’s request to add 30 billion cubic feet (Bcf) of natural‑gas capacity at its Beaumont, Texas salt‑dome complex, pushing total storage above 60 Bcf. The expansion will be completed by the end of...
The Australian Conservation Foundation and the Climate Council commissioned the RepuTex model to assess the federal Safeguard Mechanism ahead of its 2026‑27 review. The analysis finds that applying best‑practice baselines to coal‑mine and gas expansions would raise covered emissions to...
Ocean Renewable Power Company (ORPC) is launching its first urban submersible hydroelectric installations on Montreal's St Lawrence River and Buffalo's Niagara River, each expected to deliver up to 90 MW of potential capacity. The move comes as the Trump administration phases out...
Europe’s energy system is deemed strategically vulnerable after the US‑Israeli war on Iran highlighted dependence on imported fossil fuels. The article argues that weakening the EU Emissions Trading System would not solve the deeper issue: a grid incompatible with 21st‑century...
President Donald Trump warned he would destroy Iran’s power plants, oil wells and the Kharg Island export hub unless a deal to reopen the Strait of Hormuz is reached, sparking a sharp rally in crude markets. Front‑month Brent May futures...
Despite a broader S&P 500 decline of over 5% in 2026, three investments are delivering strong performance and attractive dividend yields. The Energy Select Sector SPDR Fund (XLE) is up roughly 40% year‑to‑date with a 2.4% yield as oil prices surge...
Green Power Sweden has asked the Swedish government to lengthen renewable‑energy permit start‑up periods to at least ten years for on‑shore projects and fifteen years for offshore or complex developments. The industry group argues that current five‑to‑seven‑year windows, combined with...
The RENIXX renewable‑energy index slipped 1.8% last week to 1,211 points, remaining within its 1,200‑1,300 consolidation range, while analysts debate a “Renewables Paradox” where higher energy prices boost demand but financing costs and geopolitical uncertainty weigh on short‑term performance. Boralex...
A 55‑kW rooftop solar array installed on Canyons Church in San Diego’s University City has generated nearly $40,000 in annual savings, far exceeding the original $25,000 projection. The system operates under a power purchase agreement (PPA) arranged by Watthub, allowing...
The Croatian Ministry of Economy approved €12.3 million (≈$13.3 million) to fund twelve electric‑bus charging projects across a dozen cities, installing 127 charging stations. The total investment for the stations is projected at €17.6 million (≈$19 million), with the shortfall to be covered by...
India reported adding 9.56 GW of rooftop solar capacity under the PM Surya Ghar Muft Bijli Yojana (PMSGMBY) scheme, bringing total installations to over 2.62 million systems serving roughly 3.24 million households. Launched in February 2024, the flagship program aims to equip ten million homes with solar panels and generate...
EDF signed a 12‑year agreement to supply nuclear electricity to TotalEnergies’ French refining and chemical sites, providing roughly 400 MW – about 60 percent of their power needs. The deal supports TotalEnergies’ ambition to run its downstream assets on low‑carbon electricity and...
A research team at the Qingdao Institute of Bioenergy and Bioprocess Technology has introduced a crystal‑solvate (CSV) pre‑seeding technique that precisely engineers the buried bottom interface of inverted perovskite solar cells. The method deposits rod‑like PDPbI₄‑DMSO nanocrystals on SAM‑modified substrates,...
Rice University researchers have created electric heating elements from carbon‑nanotube fibers (CNTFs) that outperform traditional metal‑alloy heaters in gas‑flow applications. By exploiting CNTFs' high specific power loading, lightweight strength and superior thermal conductivity, the team built filament, array and textile‑style...
Researchers at Hong Kong University of Science and Technology have shown a fully solvent‑free, all‑vacuum deposition method for perovskite solar cells that delivers a certified 18.35% efficiency on a 0.25 cm² device and 19.3% in the lab. The technique uses lead‑chloride...
Researchers at the University of Stuttgart and partners introduced light‑responsive, photoswitchable molecules into the grain boundaries of triple‑cation perovskite solar cells. The additive acts as a dynamic buffer, relieving mechanical stress and protecting the crystal lattice under fluctuating light, heat...
TotalEnergies has merged its U.K. upstream oil and gas assets with NEO NEXT, creating NEO NEXT+ and taking a 47.5% stake. The new entity becomes the largest independent producer on the U.K. Continental Shelf, targeting over 250,000 barrels of oil equivalent per...
Logistics real estate giant Prologis has signed a recycling agreement with SolarCycle to handle the end‑of‑life solar panels and related equipment across its U.S. portfolio. The deal covers more than 1 GW of installed solar and battery capacity, establishing SolarCycle as...
The UK government has pledged at least £22bn (≈$28bn) to fund eight large‑scale carbon capture and storage (CCS) projects, most of which rely on conventional amine‑based technology and are slated for commissioning around 2029. Critics warn that the long lead...
The Inflation Reduction Act’s solar investment tax credit has been tightened by H.R. 1, limiting eligible projects to those that start construction by July 4 2026 and finish within four years. The law also expands eligibility to require detailed traceability, ownership disclosure, and...
NESO released its annual Operability Strategy Report and Electricity Markets Roadmap, charting how Britain’s power system will achieve Clean Power by 2030 and Net Zero by 2050. The documents detail operational safeguards and market reforms needed to integrate ever‑higher shares...
India’s junior power minister announced an accelerated approval process for wind‑power and battery‑storage projects as the war in the Middle East creates a natural‑gas shortfall. Although gas contributes only about 2% of generation, it supplies roughly 8 GW during peak demand,...
Adani Green Energy Ltd. commissioned 951 MW of renewable capacity in western India, comprising 926 MW of solar and 25 MW of hybrid projects across Baiya, Rajasthan and Khavda, Gujarat. The plants began commercial operation on March 30 after receiving clearances. This addition lifts...
TotalEnergies earned over $1 bn (€868 m) profit by snapping up roughly 70 Middle East crude cargoes in March as war‑related disruptions choked the Strait of Hormuz. The profit stemmed from a sudden narrowing of the Dubai crude benchmark after S&P Global Platts suspended...
Aggreko warns African mine operators that soaring diesel prices, driven by recent Brent crude spikes from $92 to over $113 per barrel, are inflating energy costs and exposing operations to fuel‑price volatility. The company advocates hybrid power—combining solar PV, battery...
Yinson Production has commissioned the world’s first post‑combustion carbon capture and storage (CCS) unit on its FPSO Agogo, operating off Angola. The system, built with Azule Energy and Carbon Circle, runs on the open‑source CESAR1 amine solvent, designed for low‑energy...
Jan De Nul has engaged CRP Subsea to supply 141 NjordGuard cable protection systems for Vattenfall’s Nordlicht I offshore wind farm in the German North Sea. The CPS designs are being engineered for both monopile and J‑tube interfaces, with production in...
Norway’s Reach Subsea has landed two additional call‑offs from state‑owned Equinor under their existing frame agreement, deploying its uncrewed surface vessel Reach Remote 1 for gas reservoir monitoring at the Troll field and extensive subsea inspection, maintenance and repair (IMR) work...
Diesel prices in the UK have risen to 179.9p per litre (about $2.25), up more than 35p since the Iran‑Israel conflict began, creating the widest diesel‑petrol price gap in decades. The RAC reports that over 4.6 million vans – the backbone...
Chinese mid‑tier battery maker Bosa Energy announced the launch of 175 Ah sodium‑ion cells for stationary energy storage. The cells deliver 110 Wh kg‑1 and 206 Wh L‑1, weigh 4.75 kg, and match the dimensions of the company’s existing 314 Ah lithium‑ion module. Bosa’s four factories covering...
Energas, a Cuban‑Canadian joint venture with Sherritt International, operates three combined‑cycle plants totaling 480 MW, supplying roughly 8‑10% of Cuba’s electricity and the cheapest baseload power in the country. The plants convert associated natural gas from oil wells into electricity and...
Anker SOLIX has launched the Power Dock Pro in Australia, extending its X1 home battery system from critical‑load to whole‑home backup and enabling off‑grid operation with third‑party solar inverters. The device features a 63 A interface, dual inverter ports and a...
Industry leaders at Solar & Storage Live Africa 2026 urged South Africa to move from isolated backup islands to integrated microgrids, emphasizing smart management and design efficiency over sheer battery capacity. Panels highlighted aggressive demand‑side efficiency, AI‑driven optimization, and tiered...
President Donald Trump is leveraging a newly deployed U.S. ground force to consider a forcible reopening of the Strait of Hormuz, a chokepoint that handles roughly 20% of global oil shipments. Iran’s threat to bomb its own territory and the...
Lithuania’s solar capacity hit 3.04 GW at the end of 2025, adding roughly 600 MW in the last year. Prosumers—about 170,000—produced around 70% of that output, delivering 1.79 TWh and covering 14.2% of national electricity demand. Technical permits for an additional 4 GW of...
ABB’s new whitepaper highlights the persistent danger of arc flash incidents in modern power infrastructure and introduces the Emax 3 integrated solution. The platform combines ultra‑fast arc detection, intelligent protection coordination, and built‑in switchgear intelligence to mitigate risk. It aligns with...
