Network Tariffs Blamed for Failure of Warehouses and Businesses to Follow Household Lead on Rooftop Solar
Australian commercial buildings are lagging far behind households in rooftop solar adoption, generating just 5.6 GW compared with 22 GW from homes. The shortfall stems from a tangled mix of high network tariffs—accounting for more than 40% of business electricity bills—and split‑incentive issues between landlords and tenants. Inconsistent demand charges across the country’s 16 network providers further deter investment, while government incentives remain focused on residential or utility‑scale projects. The Institute for Energy Economics and Financial Analysis urges standardized tariffs and a “warp‑speed” national infrastructure push to unlock the estimated 40‑80 GW commercial solar potential.
B200bn Energy Scheme Raises Concerns
Thailand plans to spend 200 billion baht ($5.6 bn) on rooftop solar systems and battery‑electric vehicles as part of its energy‑transition push. The funding represents half of a controversial 400 billion baht ($11.2 bn) emergency loan approved by the cabinet, and critics say the...
Despite Iranian Blockade, ADNOC Picks Up Pace of Oil Export Sales
ADNOC announced a tender for 14 million barrels of crude, including cargoes that must be delivered from the side of the Strait of Hormuz controlled by Iran. The tender follows a similar one a week earlier and signals the emirate’s confidence...
How Fake News Could Send Oil Prices Soaring
Hydaway Digital (TSXV:HIDE) is launching RealityChek, a real‑time platform that authenticates digital content across image, video, audio and text. Its first product, DETECT, flags synthetic media before it can influence market decisions, targeting the growing threat of AI‑generated misinformation. The...
Newbuild Supertanker Orders Hit Record High, Surpassing 2008 Peak
Shipowners have placed orders for a record 262 new oil supertankers, eclipsing the 2008 peak that later caused a market glut. The orders represent more than a quarter of the current global fleet, the highest proportion since 2011, and reflect...
Solar Is Crushing Gas Growth Worldwide, a New Report Finds
Ember’s latest report shows solar power is outpacing natural‑gas growth worldwide, with solar adding 636 TWh in 2025—17 times the modest 38 TWh increase in gas. The share of gas in the global electricity mix fell to 21.8% in 2025, its fifth...
US Judge Overturns Restrictions on Solar, Wind Tax Credits
A U.S. district judge has vacated Treasury guidance issued under the Trump administration that narrowed eligibility for the Inflation Reduction Act’s 45X and 45Y renewable energy tax credits. The court ruled the guidance exceeded the agency’s authority, restoring the broader...
Gas and LNG Markets, Jun. 8, 2026
The U.S. Supreme Court upheld the Biden-era furnace rule, allowing gas advocacy groups to keep challenging the mandate that could eliminate over half of natural‑gas furnaces by 2028. Meanwhile, South Africa’s LNG import projects are moving forward, India announced a...
Critical Notices, June 8, 2026
The U.S. Supreme Court ruled that gas advocacy groups may continue challenging a Biden-era furnace rule that could remove more than half of natural‑gas furnaces by 2028. Meanwhile, South Africa’s LNG import projects are moving forward, and India announced a...
Texas Gas Drillers Shut Out of Oil Price Rally Shut Off Wells
Oil producers in the Permian Basin are celebrating record‑high crude output as Middle‑East tensions lift oil prices by roughly 50%. At the same time, natural‑gas prices at the Waha hub have been negative for 124 days, prompting operators like Permian...
Big Tech's Hottest New Energy Fix Doesn't Generate Any Power
Google has partnered with Voltus to launch the first “bring your own capacity” virtual power plant, unlocking 100 MW of grid‑flexibility for its data centers without constructing new infrastructure. U.S. data‑center electricity demand is projected to surge 360% by 2030, reaching...
Asia's Coal Demand to Jump 70 Million Tonnes in 2026 as LNG Shortfall Bites
Asia’s coal demand is projected to jump by about 70 million tonnes in 2026 as a 35 million‑tonne LNG shortfall—caused by damage to Qatar’s Ras Laffan plant—forces gas‑dependent utilities to lean on coal. The Japan‑Korea Marker is near three‑year highs and Newcastle benchmark...
A Generator’s Roadmap to NERC Category 2 Compliance
As of May 15, 2026, inverter‑based resources (IBR) of 20 MVA or more connected at 60 kV or higher must register as Generator Owners or Operators under NERC Category 2. Roughly 874 existing solar, wind, storage and hybrid sites—and another 156 projects in...
Donut Lab’s ‘Solid-State’ Battery Exposed as Regular Li-Ion in Damning Investigation
An investigation led by battery researcher Ziroth, with input from over 20 experts, has demonstrated that Donut Lab’s touted solid‑state battery is actually a conventional lithium‑ion cell. The analysis of voltage curves and cell‑expansion data shows an energy density of...
2026 Global Energy Agenda Full Survey Results
The Atlantic Council’s 2026 Global Energy Agenda survey of senior energy executives shows climate policy and supply‑chain disruptions were the dominant forces shaping the system in 2025, while geopolitical tensions are viewed as the biggest risk to 2030. Respondents project...
Resurgent Renewables, Fluctuating Forecasts Send Natural Gas Futures Tumbling
Natural‑gas futures slipped for a second consecutive session as traders weighed a projected Midwest cooldown, a rebound in ERCOT wind output, and robust production from Stout Energy. The anticipated temperature dip reduces heating‑related demand, while rising renewable generation displaces gas‑fired...
5% Safe Harbor Back on Table for Large Solar Projects
A federal judge in Washington, D.C., vacated IRS Notice 2025‑42, which had barred solar and wind projects larger than 1.5 MW from qualifying for the 48E investment and 45Y production tax credits via the 5 % safe‑harbor rule. The ruling restores the safe‑harbor...
Explor Deploys Sercel Accel Nodes in First Large-Scale U.S. Seismic Survey
French‑based Sercel has recorded its first commercial sale of the Accel land nodal seismic acquisition system, deploying 18,000 drop‑node units on a large U.S. survey for contractor Explor. The rollout, less than a year after the system’s launch, showcases the...
US Oilfield Service Workforce Expanded in May
The U.S. oilfield services sector added more than 3,600 jobs in May, driven by a rebound in crude and natural‑gas prices. The Oilfield Services Council said the hiring reflects short‑term price‑driven demand rather than a sustained production surge. Companies are...
Oil Supertanker Orders Eclipse Record Set in 2008
Shipowners have placed orders for a record 262 oil supertankers, each able to carry 2 million barrels, surpassing the 2008 peak. The surge follows a wartime rate rally that doubled pre‑conflict earnings, but the ongoing Strait of Hormuz blockage threatens cargo...
AboitizPower Monitors Facilities After Mindanao Earthquake
Aboitiz Power Corp. is closely monitoring its Mindanao assets after a magnitude 7.8 earthquake struck off Sarangani. Generation facilities remained largely operational, with only a brief outage at Therma South in Davao that was restored by early afternoon. Hydropower units experienced...
Weekly Natural Gas Spot Prices Power Forward
Natural gas spot prices for weekend delivery edged higher on Friday, with the weekly average increasing by 6.5 cents per MMBtu. Gains were broad‑based, covering most U.S. regions, as warmer temperatures lifted cooling demand. The price rise comes amid continued...
South Korea’s Fundamental Fuel Economics and Policy
South Korea’s power sector is leaning heavily on thermal coal as Middle‑East tensions push LNG prices above $23 per MMBtu. On 6 March coal generation cost was roughly 75.8 won/kWh (≈$0.06) versus 216 won/kWh (≈$0.17) for LNG, giving coal a clear cost edge....
Court Restores 5% Safe Harbor for Wind and Large Solar
The U.S. District Court for D.C. ruled that the IRS acted arbitrarily in eliminating the 5% safe‑harbor method for wind and large‑scale solar projects under Notice 2025‑42, vacating the notice nationwide. The decision restores the safe harbor, allowing developers who...
AboitizPower Prepares for Wider RCOA Market
The Philippine government will lower the Retail Competition and Open Access (RCOA) threshold from 500 kW to 100 kW, widening the pool of consumers who can shop for electricity suppliers. Aboitiz Power Corp., which owns the country’s second‑largest Visayan Electric and third‑largest...
Double E Open Season Extended as Shipper Interest Exceeds Expansion Capacity
Summit Midstream announced that additional long‑term transportation agreements have been signed for its Double E Pipeline, raising contracted capacity to 250 MMcf/d. The open season for new capacity has been extended through June, reflecting stronger than expected shipper demand for Delaware Basin...
Building a Storm-Ready Grid: Why Operations Matter as Much as Infrastructure
Utilities are shifting from pure physical hardening to a hybrid model that pairs infrastructure upgrades with real‑time operational intelligence as the 2026 Atlantic hurricane season approaches. While billions have been spent on steel poles, underground lines and elevated substations, recent...
The POWER Interview: Hardening Power Systems to Withstand Natural Disasters
The POWER interview highlights the growing urgency to harden the U.S. power grid against extreme weather, cyber threats, and rising demand. The Department of Energy is committing billions of dollars to grid modernization, while FM Insurance offers both physical upgrades and...
Brazilian Indie Set to Reach Peak Production at Pre-Salt Field
Brazilian independent oil producer Prio is set to bring its fourth and final well at the Wahoo pre‑salt field online this week, completing the development of the offshore asset in the Campos basin. Once the well is connected, Prio will...
Why Are Natural Gas Traders Expecting More New England Price Risk?
Natural‑gas traders are seeing widening basis spreads between key New England hubs and the Henry Hub forward curve, indicating heightened regional price risk. The divergence is driven by growing demand from data centers, higher oil prices that lift fuel‑price risk,...
Consortium Eyes Next-Gen AI-Powered Wave Energy Infrastructure
Israeli wave‑energy developer Eco Wave Power is negotiating collaborations with Florida Atlantic University and the University of Michigan to create AI‑driven wave energy solutions. The effort centers on WaveGPT, an operational‑intelligence platform that applies predictive analytics, digital twins and anomaly detection to...
GSI, OMNN Break Ground on 100MW Saskatchewan Solar Project in Canada
Renewable developer Greenwood Sustainable Infrastructure (GSI) and the Ocean Man Nakoda Nation (OMNN) have broken ground on the 100 MWac Turning Sun solar plant in Saskatchewan’s Estevan region. The utility‑scale project, built by EPC contractor Barton Malow Canada with 200,000 bifacial...
ABS Sets Out Technical View on IMO Mid-Term Measures and Pathway to Decarbonization
Classification society ABS released an open letter outlining a practical path forward for IMO mid‑term measures. The document, titled “The ABS View: A Practical Path Forward on IMO Mid‑Term Measures,” draws on a data‑driven assessment of fuel availability, technology readiness,...
Equinor Picks IKM Ocean Design for Atlantis Subsea Pipeline FEED Study
Equinor has selected IKM Ocean Design to perform front‑end engineering and design (FEED) for the Atlantis subsea pipeline system in the Norwegian North Sea. The Atlantis discovery, made in 2020, lies about 17 km south of the Kvitebjørn field and will...
FERC Approves SPP Non-Firm, Large-Load Transmission Service
The Federal Energy Regulatory Commission approved Southwest Power Pool's conditional high‑impact large‑load service (CHILLS), allowing non‑firm transmission to data centers and other large loads for up to seven years. The framework lets SPP provide transmission using available capacity while customers...
Net Zero Energy Unveils Ireland Storage Project
Net Zero Energy announced a 600 MW long‑duration energy storage project in County Carlow, Ireland, using green hydrogen produced from surplus renewable power. The €2 billion (~$2.15 bn) Rathrush Green Energy Park will store hydrogen in underground rock caverns and can supply up...
Panasonic to Invest $2 Billion in Data Center Battery Push, Ramp up U.S. Manufacturing
Panasonic announced a $2 billion investment to expand battery manufacturing for AI‑driven data centers, adding a new production line in Kansas and scaling facilities in Mexico and Japan. The plan triples Japanese cell output by FY2029 and repurposes its Osaka vehicle...
UK’s Leading Battery Developers to Meet in Leicester
Innovate UK’s Cross‑Sector Battery Systems Innovation Network will host its third Battery Showcase at De Montfort University in Leicester on 18 June. The event gathers battery developers, manufacturers, investors, researchers, supply‑chain firms and end‑users to discuss scaling UK battery technologies across...
Toyo to Site 1.5-GW Solar Cell Plant Near Houston Panel Factory
Toyo Solar, a Japanese solar brand, announced a $357 million investment to build a 1.5‑GW heterojunction (HJT) solar cell plant co‑located with its Houston module assembly facility. The plant will create roughly 400 jobs and start pilot production within 20 months,...
Grid Collapse in Indonesia Poses Threat to Renewables Expansion
Indonesia experienced a cascade of transmission tower failures in North Sumatra, with three towers collapsing on the 275 kV Galang–Simangkuk line and six on the 150 kV Tebing Tinggi–Sei Rotan line during heavy rain and winds. The incidents, occurring within days of...
Perspective: RNG Provides Stability for Fleets
Truck operators are facing a crisis as diesel prices have surged 40‑50% since the Iran war, threatening profitability across fleets of all sizes. Renewable natural gas (RNG) offers a domestically produced, cheaper alternative that is insulated from geopolitical shocks. Facilities...
Global Economic Implications of the 2026 Middle East War
A new study models two energy‑price shock scenarios stemming from a potential Middle East war: a one‑year oil surge to roughly $120 per barrel, and a three‑year prolonged elevation. Both cases depress global GDP in 2026 and lift inflation, but...
Maintained Uninterrupted LPG Supplies Despite Strait of Hormuz Disruptions, Says HPCL
Hindustan Petroleum Corporation Limited (HPCL) kept LPG deliveries uninterrupted across India despite supply shocks from tensions in the Strait of Hormuz. Between May 1 and June 7, 2026, the firm served more than 9.13 crore customers and moved 432.82 lakh domestic cylinders, including 101.07 lakh...
Africa’s Solar Power Pools Show Rising Synchronization Risk Under Climate Change
A new study in npj Clean Energy warns that climate‑driven solar output synchronisation is eroding the independence assumption underlying Africa’s regional power pools. Under a high‑emissions pathway, the West and Central African pools could see more than 100 low‑output days...
India Has 76-80 Days of Oil but Wider Gulf Conflict Could Pose Challenge: Hardeep Singh Puri
India’s petroleum ministry says the country has enough oil and gas reserves to cover roughly 76‑80 days of demand, providing a short‑term buffer amid heavy import dependence. Minister Hardeep Singh Puri warned that an escalation of the Gulf conflict beyond its...
Axpo Inaugurates Finland Wind Farm
Axpo has inaugurated its first Finnish wind farm, the 24 MW Lålax project in Vörå, featuring four 6.2 MW Vestas turbines. Commissioned in September 2025 after an 11‑month build, the site is expected to produce roughly 70 million kWh each year, with power marketed by...
Germany Ups Diesel Imports Despite Domestic Oversupply
Germany will see diesel imports rise to about 322,000 t in June, a 25 % increase from May, with U.S. cargoes now making up roughly half of the volume. Domestic refineries such as PCK Schwedt, Miro and Bayernoil are experiencing persistent surplus, prompting...
From Cold War Liability to Advanced Nuclear Fuel
The U.S. Department of Energy announced that Oklo Inc. and four peer companies have been chosen for advanced negotiations under the Surplus Plutonium Utilization Program. The initiative will convert up to 20 metric tons of legacy plutonium into fuel for...
Traditional Leaders Back Kalungwishi Hydropower Project as Development Gains Momentum in Northern Zambia
The 247‑megawatt Kalungwishi Hydropower Project in northern Zambia is moving forward with strong backing from the government, private developer Lunzua Power Company, and a coalition of traditional chiefs. The project aims to deliver reliable electricity to the Luapula and Northern...
The Power Grid Runs on Decades-Old Devices — and Attackers Know It
U.S. utilities have poured over $1.3 trillion into grid infrastructure in the last ten years, with another $1.1 trillion slated for the next five, yet the underlying OT devices remain decades‑old and insecure. The shift to bidirectional, cloud‑enabled networks and the rapid...