German Car Manufacturing Sector Power Demand Could Fall
Germany’s passenger‑vehicle manufacturing sector is set to see a drop in electricity consumption as overall car output declines, VDA chief economist Manuel Kallweit warned. Power use fell to 12.86 TWh in 2024, about 2.8% of national electricity, and is projected to keep falling despite a 23% rise in EV production. Production is forecast to dip 1% in 2026 to 4.11 million vehicles, with exports also slipping 1%. The slowdown is driven by competitive pressure from Chinese EVs and capacity cuts at major plants such as Volkswagen’s Dresden and Ford’s Saarlouis facilities.
Kimmeridge-Mubadala JV to Acquire SM Galvan Ranch in Texas
Mubadala and Kimmeridge’s joint venture Caturus will buy SM Energy’s Galvan Ranch for $950 million, adding 250 MMcfed production from 260 wells. Post‑deal, pro‑forma net output rises to about 950 MMcfed. The acquisition gives Caturus over 275,000 net acres across the Gulf Coast...
25 Rigs Out of Borr Drilling’s 29-Strong Fleet Either on Hire or with Jobs Lined Up
Borr Drilling now has 25 of its 29 jack‑up rigs either under bareboat charter or with confirmed jobs, covering regions from Southeast Asia to the Americas. The firm’s day‑rate equivalent backlog grew to $1.2 billion, reflecting more than 1,150 contracted days....
Ukraine’s Strategic Need for Energy Storage
Ukraine’s government is positioning battery energy storage systems (BESS) as a strategic asset to keep the power grid alive amid Russian attacks and to enable future integration with the European grid. Lawmakers have introduced tax breaks, licensing exemptions and accelerated...
Nordlicht I Components Completed Early
Nordlicht I’s first monopiles and transition pieces were finished ahead of schedule by EEW and CS Wind, marking a key milestone before offshore construction begins later this year. The 68 steel structures, up to 80.5 metres long and 1,290 tonnes heavy, position the project...
Warmer Weather Hits Profits at British Gas Owner
British Gas, owned by Centrica, saw operating profits in its residential supply business drop 39% to £163 million in 2025, partly due to an £80 million hit from the UK’s warmest year on record, which reduced heating demand. Despite the profit slump,...
MPs in Call to Halt Drax’s £2m-a-Day Subsidy over Sustainability Doubts
A cross‑party group of 14 MPs and peers has urged Energy Minister Ed Miliband to suspend the £2 million‑a‑day renewable subsidy paid to Drax while the FCA investigates alleged misrepresentations about wood‑pellet sourcing. Drax, the UK’s largest power plant, is projected...
Carbon-Aware Scaling: The Next Competitive Edge in SaaS
SaaS founders must now measure the energy and emissions each customer generates, not just revenue and cloud spend. Continuous workloads, AI inference, and data pipelines are turning software into a major energy consumer, making carbon a direct cost driver. Tools...
Neom Partners with DataVolt on $5bn Hyperscale Datacentre Project for Digital Infrastructure
Neom has signed a landmark $5 billion agreement with Saudi‑based DataVolt to build the Kingdom’s first green‑AI hyperscale data centre in Oxagon. The facility will operate at net‑zero, powered entirely by renewable energy and equipped with advanced cooling to support generative...
Stock Market Today: Dow Slips; Oil Prices Hit Highest Since Summer
The Dow Jones slipped Thursday as investors weighed fresh earnings reports and a sharp rally in oil prices. Brent crude surged up to $72 a barrel, its highest level since the summer, driven by heightened geopolitical tension surrounding U.S. naval...
British AR7 Renewable Energy Auction Secures 14.7 GW of Clean Power Capacity - Offshore, Onshore and Solar at Record Levels
The UK’s AR7 renewable auction awarded 14.7 GW of new capacity, split between 8.4 GW offshore wind, 1.3 GW onshore wind, a record 4.9 GW of solar, and 20 MW of tidal projects. Onshore wind contracts were priced at £72.24/MWh, roughly half the cost of...
Transmission “Legacy:” State Launches CopperString Community Benefits Fund
Queensland’s Liberal‑National government announced a $50 million Community Benefits Fund to support housing, water and infrastructure projects along the CopperString transmission corridor. The fund includes $4.285 million for Flinders Substation‑related works and $1 million for water‑sewer design, complementing a $2.4 billion budget allocation for...
AI Breakthrough Could Replace Rare Earth Magnets in Electric Vehicles
Scientists at the University of New Hampshire used artificial intelligence to compile a searchable database of 67,573 magnetic compounds, uncovering 25 previously unknown high‑temperature magnets. The AI system extracts experimental data from literature, predicts magnetic behavior, and records temperature thresholds....
Brisbane Battery Innovator Gets First Chunk of Funds Towards Giga-Scale Production Plans
Li‑S Energy, a Brisbane‑based battery innovator, has received the first $1.9 million tranche of a $7.86 million grant from the Australian Renewable Energy Agency (ARENA). The funding will support engineering work and a feasibility study for a gigawatt‑scale factory capable of producing...
New Sodium Ion Battery Stores Twice the Energy and Desalinates Seawater
University of Surrey researchers discovered that retaining water in sodium vanadium oxide dramatically boosts sodium‑ion battery performance. The hydrated nanostructured sodium vanadate (NVOH) stores nearly twice the energy of conventional cathodes, charges faster, and remains stable for over 400 cycles....
No Reason to Believe India Has Changed Stance on Purchasing Crude Oil: Russia’s Foreign Ministry
Russia’s foreign ministry asserted that India has not altered its policy on buying Russian crude, emphasizing the mutual benefits of the trade. However, Indian import data for January 2026 shows a 40.5% drop in total merchandise from Russia, with crude...
Oregon Adopts New Building Codes to Reduce Energy Costs and Increase Energy Efficiency in Newly Constructed Homes
Oregon's Residential and Manufactured Structures Board approved updates to the state residential energy code, requiring new homes to install energy‑efficient heat pumps instead of traditional ducted air‑conditioning. The code change is projected to save homeowners about $125 per month, or...
EnergyX Enters US Manufacturing Phase
EnergyX has launched one of North America’s largest roll‑to‑roll ion‑exchange membrane production lines at its Austin, Texas facility, delivering up to 500,000 square meters of membranes per year. The new plant enables in‑house manufacturing of the core component for its...
County Prosecutors Probing Whether Edison Should Be Criminally Charged for Eaton Fire
Los Angeles County prosecutors are examining whether Southern California Edison (SCE) bears criminal responsibility for the Eaton wildfire that killed 19 people and razed much of Altadena. Edison’s CEO cited a century‑old, idle transmission line that may have re‑energized and...
Valaris Ltd (VAL) Q4 2025 Earnings Call Transcript
Valaris reported Q2 2019 adjusted EBITDA of $59 million, well above the $35 million forecast, driven by strong utilization and disciplined expense management. The company marked the 100‑day integration milestone, completing over half of its merger tasks, including a major ERP conversion...
Evergy Inc (EVRG) Q4 2025 Earnings Call Transcript
Evergy reported third‑quarter adjusted EPS of $2.03, a modest year‑over‑year rise, while narrowing its 2025 adjusted EPS outlook to $3.92‑$4.02 due to below‑normal cooling degree days. The utility unveiled a $17.5 billion capital plan through 2029 aimed at grid modernization and...
TechnipFMC PLC (FTI) Q4 2025 Earnings Call Transcript
TechnipFMC reported full‑year 2025 revenue of $9.9 billion, up 9%, and adjusted EBITDA of $1.8 billion, a 33% increase driven by strong operating leverage. The Subsea segment generated $10.1 billion of inbound orders, with more than 80% awarded on a direct basis through...
CenterPoint Energy Inc (CNP) Q4 2025 Earnings Call Transcript
CenterPoint Energy reported a 9% rise in both non‑GAAP earnings per share and dividend payouts for 2025, posting $0.45 non‑GAAP EPS in Q4 and $1.76 for the full year. Management reaffirmed 2026 non‑GAAP EPS guidance at $1.89‑$1.91 and highlighted a...
Expro Group Holdings NV (XPRO) Q4 2025 Earnings Call Transcript
Expro Group reported $1.6 billion in 2025 revenue, matching the low end of its guidance, and generated $353 million of adjusted EBITDA, delivering a 22% margin that edges closer to its 25% long‑term target. Adjusted free cash flow more than doubled year‑over‑year...
Forum Energy Technologies Inc (FET) Q4 2025 Earnings Call Transcript
Forum Energy Technologies (FET) posted Q4 2025 revenue of $202 million, up 3% sequentially, and adjusted EBITDA of $23 million, both at the high end of guidance. International sales surged 78% quarter‑over‑quarter, pushing the backlog to an eleven‑year high, up 46% year‑to‑date....
DT Midstream Inc (DTM) Q4 2025 Earnings Call Transcript
DT Midstream reported 2025 adjusted EBITDA of $1.138 billion, a 17% increase driven by a 27% surge in its Pipeline segment after the Midwest Pipeline acquisition. The company declared a quarterly dividend of $0.88 per share, up 7.3%, and achieved investment‑grade...
Alliant Energy Corp (LNT) Q4 2025 Earnings Call Transcript
Alliant Energy reported a $0.18 increase in ongoing EPS for 2025, delivering 6% growth that exceeds the midpoint of its guidance and continues a decade‑long 6.3% compound EPS trajectory. The utility raised its dividend for the 22nd consecutive year while...
Quanta Services Inc (PWR) Q4 2025 Earnings Call Transcript
Quanta Services reported a record full‑year 2025 revenue of $28.5 billion, up 20% year‑over‑year, and posted all‑time highs in adjusted EBITDA, EPS, cash flow and free cash flow. The company ended the year with a $44 billion backlog, the strongest ever, driven...
Targa Resources Corp (TRGP) Q4 2025 Earnings Call Transcript
Targa Resources reported record Q4 2025 results, with Permian gathering volumes averaging 6.65 billion cubic feet per day, a 10% year‑over‑year increase, and NGL transportation hitting a record 1.05 million barrels per day. Adjusted EBITDA rose to $4.96 billion for the full year,...
E.P.A. Plans to Loosen Mercury Rules for Coal Plants, Documents Show
The Environmental Protection Agency is set to loosen federal mercury limits for coal‑burning power plants, permitting higher emissions of the neurotoxic metal. Agency officials argue the change will cut "unwarranted costs" for utilities, estimating up to $670 million in savings between...
Utah ‘Gigasite’ Data Center Contemplates Solar-Storage Baseload Addition
Zeo Energy Corp. has signed a non‑binding MOU with Creekstone Energy to evaluate a 280 MW solar‑plus‑storage system for the Delta Gigasite data‑center campus in Utah. The study will focus on photovoltaic generation paired with long‑duration thermal, chemical or electrochemical storage,...
Golden Pass LNG Activity Normalizes; Permian Lateral Cleared to Proceed
Golden Pass LNG’s gas nominations have settled back to average levels after a brief surge, now hovering around 1.5% of the terminal’s capacity. The project received approval to construct a 1.1‑mile, 42‑inch lateral linking the facility to the Permian Basin,...
FirstEnergy Subsidiaries Select Site for New 1.2 GW Natural Gas Plant in West Virginia
FirstEnergy subsidiaries have identified a West Virginia site for a 1.2 GW natural‑gas power plant, adding to a wave of large‑scale energy projects highlighted this week. Parallel announcements include a 9.2 GW Ohio gas mega‑plant tied to a U.S.–Japan $550 B investment pledge,...
INL Enlists NVIDIA on ‘PROMETHEUS’ AI Effort to Halve Nuclear Deployment Timelines Under DOE Genesis Mission
Idaho National Laboratory has teamed with NVIDIA to launch PROMETHEUS, an AI‑driven autonomous reactor demonstration under the DOE Genesis Mission. The partnership targets a 50% reduction in nuclear deployment timelines and multi‑billion‑dollar cost savings by embedding AI across design, licensing,...
Google Teams Up with CTC Global for Grid Intelligence
Google Cloud and Alphabet’s moonshot project Tapestry have deepened their partnership with CTC Global to launch GridVista, an observability platform that embeds optical‑fiber sensors in transmission conductors. The system delivers real‑time strain, temperature and vibration data, feeding it into Google...
The Energy Transition Has a Price
Ernest Scheyder’s book *The War Below* chronicles the hidden battle over lithium, copper and other critical minerals needed for the global energy transition. The author travels from Nevada to Bolivia, interviewing miners, activists, investors and Indigenous communities to illustrate the...
ECL Targets AI Data Centers with Fuel-Agnostic Power Platform
ECL unveiled FlexGrid, a power‑agnostic platform that lets modular data centers draw electricity from hydrogen, natural gas, renewables or diesel. The system is designed for AI training and inferencing workloads, allowing operators to start with modest 2‑10 MW grid connections and...
TC Energy Forecasts Natural Gas Demand Surge Equivalent to Entire European Market
TC Energy projects North American natural‑gas demand will rise by 45 Bcf/d by 2035, a volume comparable to the entire European market. The surge is attributed to accelerating LNG exports, expanding power‑generation capacity, and heightened reliability requirements for distribution utilities. Midwest...
CMA CGM Inks Order for Six Dual-Fuel LNG Ships with India Yard
CMA CGM has placed an order with India’s Cochin Shipyard for six 1,700‑TEU dual‑fuel LNG container vessels. The deal was announced during a New Delhi visit that also included a pledge to recruit an additional 1,500 seafarers, bringing the total Indian crew...
Caturus Energy Advances LNG Business Through $950-Million Asset Deal with SM Energy
Caturus Energy announced a $950 million purchase of SM Energy’s Galvan Ranch assets, adding about 61,000 net acres and 250 MMcfed of daily gas production in Webb County, Texas. The acquisition lifts Caturus’s pro‑forma net output to roughly 950 MMcfed across 275,000 acres,...
Luxembourg Launches New Tender for C&I Solar
Luxembourg’s Ministry of the Economy has opened a €3 million tender to fund commercial and industrial solar projects between 30 kW and 200 kW. Applications are accepted until April 17 and are split into three lots covering rooftop, façade and car‑port installations. Projects that...
EQT Chief Calls for Reforms After Blowout Natural Gas Spot Prices During Winter Storm Fern
Winter Storm Fern caused U.S. natural‑gas spot prices to surge above $80 per MMBtu, marking one of the highest spikes on record. EQT Corp.’s MVP system operated at full capacity, but the event highlighted the strain on existing pipeline infrastructure....
First Gen Powers Lyceum Satellite Campuses
First Gen Corp. will supply over 1,150 kW of geothermal electricity to Lyceum of the Philippines University’s satellite campuses in Batangas and Laguna. The deal, enabled by the retail aggregation program, lets the campuses pool demand to meet the 500‑kW threshold...
Various Project Ramp-Ups Set to Boost Global Lithium Output in 2026
Global lithium production surged 19.7% in 2025 to 338,300 tonnes and is projected to climb another 15% in 2026, reaching 389,100 tonnes. The acceleration is driven by rapid ramp‑ups in Argentina, China, Australia, Mali and Zimbabwe, each adding new projects...
CleanChoice Energy Triples Capacity with Solar Acquisitions in North Carolina
CleanChoice Energy announced the acquisition of two utility‑scale solar projects in North Carolina—Sumac (103.92 MW) and Sweetleaf (118.3 MW)—adding 222.2 MW of capacity and tripling its portfolio. Construction is slated to start early 2027 with grid interconnection to the PJM market expected in...
Plaid Promises Welsh Communities Share of Renewable Energy Profits
Plaid Cymru announced that a future Welsh government would require renewable projects larger than 10 MW to allocate a 15‑25% community‑ownership stake, ensuring locals share in profits. The party also plans to create a national energy body to manage large‑scale wind...
Press Release: Eaton Square’s Silicon Creates Partnership with Klear to Strengthen Critical Mineral Supply Chains
Australian‑founded Eaton Square announced that its Silicon subsidiary will integrate with U.S. capital‑intelligence firm Klear, creating a unified solution for sourcing, financing and managing critical minerals. The combined platform leverages AI to provide end‑to‑end operational and treasury visibility, offering verified...
As Trump Obliterates Climate Efforts, States Try to Fill the Gap
Democratic‑led states are accelerating climate initiatives as the Trump administration moves to roll back federal greenhouse‑gas regulations. Colorado proposes a $2,000 tax credit for new electric vehicles, Virginia is streamlining approvals for large solar farms, and California aims to make...
India Keen to Diversify Crude Oil, Coking Coal Sources; Eyes High-Quality US Supplies: Piyush Goyal
India’s commerce minister Piyush Goyal said New Delhi will diversify crude oil and coking‑coal supplies, targeting high‑quality U.S. coal to reduce reliance on a few geographies. He highlighted a $100 billion aircraft demand from the United States over the next five...
UK Trial Shows Potential of Hydrogen Powered Ground Handling Equipment
A successful trial at Exeter Airport demonstrated that hydrogen‑powered ground handling equipment—including a hydrogen internal‑combustion tug, a fuel‑cell baggage tractor and a hybrid hydrogen‑diesel GPU—can be safely integrated into live airport operations. The Zero Carbon Turn project, backed by the...