Energy News and Headlines
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Every morning
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Data center operators, spurred by soaring AI workloads, are increasingly installing behind-the-meter power plants to bypass slow grid interconnection processes, said AWS and Dominion executives at CERAWeek. These private, often fossil-fuel-based facilities act as temporary bridges but risk becoming permanent, locking in emissions and reducing the effectiveness of demand-response programs. Schneider Electric estimates 40 GW of BTM projects, with 20 % expected to remain off-grid, intensifying community opposition. Industry leaders warn that the trend undermines broader grid modernization and renewable integration efforts.
Oil prices jumped higher on Tuesday before slipping in after‑hours trading, reflecting the market’s reaction to fresh reports of potential US‑Iran talks aimed at ending the Middle East conflict. The price swing underscores how quickly crude markets respond to geopolitical...
China’s liquefied natural gas (LNG) market is projected to avoid a supply shortage through March despite the ongoing Middle East conflict, according to Shandong‑based consultancy SCI99. The firm cites robust existing contracts and a diversified import portfolio that includes Russia,...
Alberta Premier Danielle Smith told CERAWeek attendees that Canada can fill the United States’ oil‑gap by adding roughly 2.5 million barrels per day of southbound pipeline capacity. She reiterated Alberta’s goal to double crude output to about eight million barrels per...
Alberta Premier Danielle Smith urged the construction of new southbound pipelines capable of moving roughly 2.5 million barrels per day of crude to the United States, positioning Canadian oil as a solution to lingering U.S. import gaps. She reiterated Alberta’s ambition...
The Democratic Republic of the Congo inaugurated the 10.5 MW Kakobola run‑of‑river hydropower plant in Kwilu Province, under President Félix Tshisekedi’s patronage. The facility connects Kikwit, Gungu and Idiofa, extending reliable electricity to more than 400,000 residents. Integrated generation, transmission and...
US LNG export developers are confronting acute supply‑chain bottlenecks as they scale a rapidly expanding project pipeline. A shortage of high‑capacity turbines and a thin pool of skilled Gulf Coast labor are forcing firms to rethink construction schedules. Executives at...
Microsoft and Nvidia have teamed up to embed generative AI, digital‑twin simulation, and Nvidia’s Omniverse platform into every stage of nuclear power plant development, from design through operations. The collaboration targets the decades‑long permitting bottleneck and fragmented engineering data that...
The Ampace Andes 1500 portable power station delivers 1,462 Wh of LiFePO₄‑based storage and 2,400 W continuous AC output, positioning it as a premium solution for serious outdoor enthusiasts. It charges to full capacity in just 55 minutes via AC and can replenish...
Iran is testing a selective passage strategy in the Strait of Hormuz, allowing only certain vessels to transit the waterway. Analysts describe the approach as a calibrated tactic that balances political leverage with economic self‑preservation. By targeting specific ships, Tehran...
Australia’s CSIRO has adapted mining‑grade robots into an autonomous platform called Bear to patrol large‑scale solar farms. In initial trials the robot mapped terrain, identified panel defects and compared its findings with human inspections. Equipped with LiDAR, RGB and thermal...
Infineon Technologies is partnering with solid‑state transformer specialist DG Matrix to provide its latest‑generation silicon‑carbide (SiC) power devices for the Interport multi‑port platform. The collaboration boosts the efficiency, power density and reliability of DG Matrix’s SST systems, which target AI...
Recent attacks on Gulf LNG facilities, including Qatar's Ras Laffan plant, have driven JKM prices above $25 per MMBtu and tightened supply for Asia, which absorbs 86% of Hormuz‑transiting cargoes. In Europe, TTF prices have surged past $64 per MWh,...
Oil executives warn that the ongoing war in Iran is severely disrupting crude and refined product flows, creating a global supply crunch. The resulting shortages are driving price spikes that are eroding demand across industrial and consumer sectors. Analysts anticipate...
The U.S. Department of Energy’s Office of Cybersecurity, Energy Security, and Emergency Response (CESER) unveiled a three‑pronged, five‑year energy security plan covering fiscal years 2026‑2030. The plan targets world‑class security technologies, hardening of critical energy infrastructure, and streamlined response and...
Households in Northern Ireland are confronting higher heating costs as oil prices surge and electricity remains expensive. The UK government has allocated just over £17 million (≈$21 million) to assist oil‑using homes, but the per‑household benefit could be as low as £35...
Goldman Sachs lifted its price target on Exxon Mobil to $158 from $150 while maintaining a neutral rating. The adjustment reflects confidence in the oil giant’s fundamentals amid soaring crude prices sparked by heightened Middle East conflict. Exxon reported 2025...
U.S. households face a perfect storm as gasoline prices hit $3.91 per gallon—a 30% jump this year—while residential electricity rates climb to 18.05 cents per kilowatt‑hour, a 21% rise since 2022. Natural‑gas costs remain elevated, and the surge is fueled...
New Zealand’s Marsden Point refinery shut in 2022 was a private business decision, not a direct government order as some politicians claim. The plant had supplied up to 70% of the nation’s fuel before closing, but relied on imported Middle‑Eastern...
The European Commission announced it will postpone the planned EU-wide ban on Russian oil imports that was slated for 15 April, pushing the decision to after the Easter break without setting a new deadline. The delay is attributed to heightened energy...
Scotland’s new 15‑year climate change plan sets a 10‑year horizon before a major heat‑pump rollout, aiming to replace gas and oil boilers by 2045. The plan projects roughly $54 billion in financial benefits and cost savings through 2040, but campaigners argue...
In a 3EDGE Week in Review video, Chief Investment Strategist Fritz Folts and CEO/CIO Steve Cucchiaro examine the geopolitical risks of a potential closure of the Strait of Hormuz. They outline the waterway’s strategic role in global oil transport and...
Goldman Sachs predicts the U.S.–Iran war will keep the global LNG market disrupted through 2027, tightening supply after Iran’s attacks knocked out 17% of Qatar’s export capacity. Higher margins—averaging 200% above historical levels for 2026‑2028—create a favorable backdrop for producers....
NTPC Green Energy has issued a tender for a 100 MW solar photovoltaic plant coupled with a 50 MW/200 MWh battery energy storage system in Jhansi, Uttar Pradesh. The hybrid project targets industrial and commercial users with at least 5 MW demand and aims...
France’s energy regulator, the Commission de Régulation de l’Énergie (CRE), is proposing to tie subsidies for large‑scale photovoltaic projects to the inclusion of energy‑storage systems. The rule change targets installations above 100 kW and aims to curb revenue erosion caused by...
The Philippines faces a looming crisis as the Strait of Hormuz disruption threatens oil‑derived fertilizer supplies, driving urea prices to roughly P1,500 (about $27) per bag. With no strategic fertilizer reserves and a rice supply gap of nearly four million...
North America’s weekly rig count fell by 21 units to 729, with the United States slipping one rig to 552 and Canada losing 20 rigs, down to 177. U.S. oil rigs rose two while gas rigs fell two, and Canada’s...
Tokyo’s grid experienced Japan’s first economic solar curtailment as solar output outpaced system flexibility. Tepco Power Grid ordered generators to cut up to 1.84 GW between 11:00 and 16:00 JST on March 1, 2026, marking the capital’s entry into a nationwide issue. The...
The Aurora Solar Snapshot shows third‑party ownership (TPO) models have become the leading financing choice for U.S. residential solar, with 55% of installers favoring PPAs or leases over loans and cash. The shift follows the Trump administration’s rollback of Inflation...
Pasig City unveiled five fully electric minibuses on March 23, expanding its free‑ride program with a $332,300 investment. Each vehicle, costing roughly $66,900, seats 22 passengers and accommodates eight standing riders, and will initially run along Caruncho Avenue. The rollout...
President Trump warned he would "obliterate" Iran's power stations within 48 hours unless the Strait of Hormuz was fully opened, extending the deadline to Friday. Human‑rights experts say deliberately targeting civilian energy infrastructure could constitute a war crime under international...
Eberspaecher Vecture, a Toronto‑based developer of battery management systems, has joined Unmanned Systems Technology’s supplier ecosystem as a Silver partner. The company offers commercial‑off‑the‑shelf, custom and build‑to‑print BMS solutions for drones, robotics and autonomous vehicles, covering voltage ranges from 12 V...
Shipowners are turning to biofuels as the most practical near‑term tool to meet MARPOL Annex VI Regulation 28 and the Carbon Intensity Indicator (CII) requirements. IMO guidance now permits up to 30% bio‑fuel blends without extra NOx assessments, and B100 can be...
Norad has committed roughly $8.9 million to Ukrainian and Norwegian firms for preparatory renewable‑energy and pharmaceutical projects. The funding includes $0.53 million for a 650 MW wind project, $5.54 million for a 0.52 TWh wind plant, $2.33 million to refurbish six small hydropower sites, and $0.62 million...
Centrus Energy Corp (NYSE: LEU) fell 4.2% to $188.39, testing a long‑term bullish trendline as oil pressures the nuclear sector. The stock sits within 0.75 of the 320‑day moving average’s 20‑day ATR, a signal that has historically preceded higher prices...
India, the world’s second‑largest buyer of liquefied petroleum gas, is seeing supply constraints from the ongoing Middle East war. In Delhi, black‑market cylinder prices have jumped from roughly $20 to $53, about double a typical low‑income household’s monthly earnings. Consequently,...
The Uttar Pradesh cabinet approved a ₹2,242.9 crore (≈ $270 million) investment for the Pashwara South coal block in Jharkhand. The block, allocated to joint venture NUPPL, will supply coal to the Ghatampur thermal power project in Kanpur, which comprises three 660 MW units,...
On March 24, 2026, Andhra Pradesh’s Special Chief Secretary for Energy, K. Vijayanand, instructed state power utilities to maintain ample coal inventories and ensure uninterrupted generation ahead of the summer peak. The directive emphasizes coordination with ports and railways to...
Arevon Energy has broken ground on its Cormorant Energy Storage project in Daly City, a 250‑MW/1,000‑MWh lithium‑iron‑phosphate battery facility costing about $600 million. The plant, expanded from its original 188‑MW design, is slated to begin operations in 2027 and will supply...
The United States relies on foreign sources for more than 90% of the lithium used in its batteries, exposing warehouses, manufacturers and logistics networks to geopolitical risk and price volatility. With global demand projected to quintuple by 2040, policymakers and...
The Chancellor unveiled an anti‑profiteering framework giving the CMA new powers to curb price gouging, legislation to fast‑track nuclear projects by 2027, and a review of import tariffs to lower food costs. The package also extends the 5p fuel‑duty cut,...
The Delhi government has allocated ₹200 Cr (≈ $24 M) in its 2026‑27 budget to a revamped EV Policy that pivots from blanket purchase subsidies to scrappage‑linked incentives. Buyers who retire a BS‑IV or older petrol/diesel vehicle can receive up to ₹1 Lakh (~$12k)...
The Switch has introduced the PMM850M, a permanent‑magnet machine aimed at marine shaft‑generator and propulsion applications in the 500 kW to 1.5 MW range. The compact design features brushless operation, water‑jacket cooling and a modular architecture, promising higher electrical efficiency and lower...
Equinor has launched the drilling phase of its $9 billion Raia gas project off Brazil’s coast using Valaris' DS‑17 drillship. The campaign targets six pre‑salt wells in 2,900‑meter water, aiming for first gas production by 2028. The development will export up...
Uzbekistan began concrete pouring at the Jizzakh site, marking the first physical step toward its inaugural nuclear power plant. The project, a partnership with Russia's Rosatom, has been scaled down to six 55 MW small modular reactors delivering a total of...
India's Petroleum and Natural Gas Regulatory Board (PNGRB) has mandated city gas distributors to supply piped natural gas (PNG) connections to schools, colleges, hostels, community kitchens and Anganwadi centers within five days where pipelines exist. The directive follows a surge...
The UK government announced that, starting in 2028, every new home in England must be built with on‑site solar panels and low‑carbon heat pumps under the Future Homes Standard. The move is framed as a direct response to the energy...
EDP Renewables North America has completed the 150‑MW Pleasantville Solar project in Fulton County, Illinois, delivering enough electricity for over 39,500 homes. The entire output is secured under a long‑term power purchase agreement with Microsoft, guaranteeing stable revenue streams. The...
GCL Optoelectronics secured a 1.2 MW contract from China Huaneng to supply commercial perovskite‑silicon tandem solar modules. The tender required mass‑producible, IEC‑certified modules delivering at least 26% efficiency and a 25‑year performance warranty, with delivery by June 2026. GCL is the sole...
Denmark’s Celsius Tankers has secured a new order for two 180,000 m³ LNG carriers from Samsung Heavy Industries, valued at roughly KRW 770 billion ($514 million). The vessels are scheduled for delivery through September 2028, adding to Celsius’s existing portfolio of about 24...
