Energy News and Headlines
Energy News and Headlines
Energy Pulse
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Every morning
Weekly
Tuesday recap
Grid Strategies contends that NERC’s 2025 Long‑Term Reliability Assessment exaggerates U.S. grid risks by inflating demand forecasts, especially the 90 GW data‑center load projected for 2030. The consulting firm argues the LTRA underestimates supply, ignoring projects in interconnection queues and non‑firm regional power flows that historically offset shortfalls. By applying less conservative assumptions, Grid Strategies finds most seasonal adequacy gaps disappear. The report calls for more transparent load forecasting and accelerated transmission upgrades to align reliability planning with actual resource availability.
IPP Econergy’s head of energy storage outlined an ambitious pipeline of projects aimed at delivering roughly €2 bn of storage capacity by 2028. The company secured about €500 m in financing from European green banks to fund the rollout. In Germany, Econergy...
FTC Solar has inked a five‑year, 1‑GW supply agreement with U.S. developer Strata Clean Energy, extending a prior 500‑MW deal that began in September 2024. The contract will see the first new project break ground in 2027 and includes delivery...
A new Survation poll of over 2,000 Scottish adults shows 41% support for the Energy Profit Levy, while only 19% oppose it. Backing cuts across party lines, with Liberal Democrat voters at 59% and Labour at 54%, and even 37%...
Base Power announced a 100 MW virtual power plant (VPP) programme with Denton County Electric Cooperative (CoServ) in North Texas, its largest deal to date. The initiative will install interconnected residential battery‑energy‑storage systems (BESS) that provide dispatchable capacity during peak demand...
Escalating conflict in West Asia has halted LNG vessels through the Strait of Hormuz, prompting Maharashtra Natural Gas Ltd. (MNGL) to invoke a force majeure clause. The disruption is forcing industrial consumers in Maharashtra to curb gas draw‑downs and seek...
Macquarie Asset Management’s global head of green investments, Ed Northam, emphasized that scale is the decisive factor in winning the green‑investment race. He highlighted abundant opportunities in U.S. renewable power despite a slowdown in project delivery timelines. Northam noted that...
SRM Institute of Science and Technology has licensed its five‑year‑developed cell‑encapsulant technology to industrial adhesive maker Anabond Ltd. The agreement provides SRMIST with an upfront ₹1 crore and royalties for seven years, while the encapsulant promises up to a 50 percent increase...
The Netherlands set a new electricity production record in 2025, generating 132 billion kWh – a 10% increase over 2024. Renewables accounted for 49% of output, driven by a 17% jump in solar generation and the first full year of offshore wind...
Natural gas inventories in major consuming regions ended February in significant deficits despite robust production and near‑normal overall storage. The East is 17% below its seasonal average, the Midwest 16% short, and the South Central also lagging. These regional shortfalls...
China’s draft 15th Five‑Year Plan (2026‑30) places new protein sources, biomanufacturing and green energy at the core of its climate and food‑security strategy. The plan calls for expanding grain output to 725 million tonnes, advancing AI‑driven seed innovation and commercialising gene‑edited...
Viridien has launched a regional multi‑client seismic reprocessing initiative targeting India’s offshore basins, beginning with a Phase 1 reimaging of roughly 9,000 sq km of 3D data in the Mahanadi Basin. The project will deliver fast‑track results by June 2026 and complete datasets by...
The Democratic Republic of Congo has launched a molecular marking program for petroleum products, using invisible chemical tracers to track fuel from import to retail. Partnering with Authentix Inc., the initiative aims to curb smuggling and improve tax compliance. Early...
Nordex Group landed a 40‑turbine order from developer wpd, delivering roughly 279 MW across nine German sites. The contract mixes 36 N163/6.X units with four larger N175/6.X turbines, each mounted on hybrid towers and slated for 2027 installation. A 15‑year premium...
Global markets rallied as Saudi Aramco activated the East‑West pipeline, restoring roughly 70% of its crude exports—about 5 million barrels per day—despite Gulf shipping disruptions. The move eased fears of a major oil supply shock, keeping WTI near $90 and lifting...
New research from the Euro‑Mediterranean Center on Climate Change, published in Nature Climate Change, finds that a temporary overshoot of the Paris 1.5°C limit does not derail the global net‑zero goal, but it reshapes how climate policy is crafted. Scenarios...
Investigative reports suggest PowerCell’s marine fuel cells may only last about 3,000 operating hours, far short of the 33,000‑hour durability claimed in tender documents. The Vestfjord Lofoten hydrogen ferry project therefore faces not only uncertain propulsion reliability but also massive...
Creekstone Energy received zoning approval from Millard County to develop a more than 1 GW solar farm on 13,000 acres of state trust land in Utah. The project, tied to a long‑term lease with the School and Institutional Trust Lands Administration,...
Swedish town Skellefteå, once booming thanks to Northvolt’s gigafactory, saw a sharp decline after the battery maker filed for bankruptcy in March 2025, shrinking the population by 3,000. The collapse follows other stalled green projects, including Fertiberia’s ammonia plant and...
Canadian crude producers face a looming egress bottleneck as pipeline capacity is projected to be fully utilized by the end of 2026. To keep the WTI‑WCS price differential from widening, the industry is counting on brownfield expansions, chiefly from Trans...
Tesla has begun allowing non‑Tesla electric vehicles to use its Supercharger network at four sites in the Kuala Lumpur region. The stations—Pavilion KL, i‑City Finance Avenue, IOI City Mall, and Gamuda Cove—offer up to 250 kW charging and charge other EVs...
VDE Americas has upgraded its proprietary Hail Risk Model by integrating newly analyzed wind‑speed data from hailstorms across the contiguous United States. The research shows wind speeds can more than double previous estimates, increasing hail impact force on solar panels....
Jan De Nul is adding two trenching support vessels to its fleet: a brand‑new Ulstein‑design ship built at China Merchants Heavy Industry, and a converted water‑injection dredger, Henry Darcy. The newbuild will operate on biofuel and green methanol, feature ultra‑low‑emission technology, and carry...
Oil prices surged past the $100‑a‑barrel benchmark over the weekend as tensions escalated in Iran, prompting panic across markets. G7 nations quickly pledged to tap strategic reserves and President Trump’s reassurance helped pull prices back, allowing major indexes to close...
TU Braunschweig’s Battery Labfactory (BLB) has opened three new pilot systems—a 3D‑printing line for solid‑state electrodes, a dry‑coating pilot, and a tandem wet‑coating line for circular battery production. The €10 million investment, funded by the Federal Ministry’s ForBatt programme, completes a...
South Africa’s renewable sector is poised for rapid expansion as regulators prepare a competitive wholesale market, potentially launching in 2026. Central to this growth is energy wheeling, which uses existing transmission lines to move power from private generators to end‑users,...
Tunisia’s Ministry of Industry, Mines and Energy has opened a tender for a 300 MW solar plant paired with a 150 MW/540 MWh battery storage system near Bazma, covering 440 ha in the south. The bid deadline is 14 October 2026. This follows earlier initiatives, including...
Oil prices surged past $100 per barrel before reversing sharply, marking what analysts call the most epic price reversal in oil history. The swing was driven by mixed signals about the U.S.–Iran conflict, including President Trump's comments and hopes of...
A new E.ON UK survey of 2,500 adults reveals that 75% of potential homebuyers are more likely to choose a newly built house equipped with solar panels, making solar the most desired low‑carbon feature at 72% preference. Support for mandatory...
Shanghai Zhenhua Heavy Industries (ZPMC) has launched a 126‑metre deepwater multi‑purpose offshore engineering vessel for China National Offshore Oil Corporation’s Shenzhen Offshore Engineering Technology Service. The ship features a 400‑ton crane, a 3,000‑ton cable reel, a 1,600‑HP trencher, a 12‑person...
X1 Wind has secured a DNV Statement of Compliance for the basic design of its X100 floating offshore wind platform. The certification confirms the platform meets international standards for structural integrity, stability and hydrodynamic performance over a 25‑year service life....
UK‑based, AIM‑listed Sunda Energy has secured a Category A environmental licence for its Chuditch‑2 appraisal well in Timor‑Leste’s offshore Chuditch field. The licence, issued on 9 March 2026 and valid until March 2028, follows the submission and endorsement of a detailed environmental impact statement...
Offshore wind developer Iberdrola’s Aurora Green survey off southern Victoria uncovered two shipwrecks, confirming the long‑lost 1853 iron steamer City of Hobart alongside the known SS Vicky. The 3 GW wind farm, slated to power about 2.25 million homes, is part of...
Nersa has approved an 8.76% electricity tariff increase for Eskom direct customers and a 9.01% rise for municipalities for the 2026/27 financial year, after correcting a major calculation error that originally set rates at 5.36% and 6.19%. The regulator admitted...
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Johannesburg’s City Power assumed municipal electricity billing in July 2025 to address a decade‑long broken system and a R20‑billion deficit. The handover uncovered widespread meter errors, tariff misclassifications and unbilled accounts, prompting a city‑wide audit that recovered about R1.1 billion and...
The European Court of Auditors reports that the EU’s citizen‑led energy community programme is lagging dramatically behind its original timetable. While Brussels envisioned these schemes supplying 17‑21% of the bloc’s wind and solar capacity by 2030, the number of active...
LNG spot prices in Asia surged to a two‑year high of $22.50 per mmBtu after strikes closed the Strait of Hormuz, cutting Qatar’s supply. The spike lifted high‑quality 6,000 kcal/kg thermal coal to $129.62 a ton, a 14‑month peak, while European...
Italy’s OLT Offshore LNG Toscana, a Snam subsidiary, has begun commercial small‑scale LNG operations at its FSRU Toscana off Livorno. The inaugural cargo of 4,000 cubic metres arrived on the Green Zeebrugge carrier, marking the first SSLNG service in the country....
The UK government is weighing a reduction or removal of the North Sea windfall tax, a levy introduced in 2022 after the Ukraine war drove oil prices higher. Economists argue that scrapping the tax would not translate into lower household...
Mantle8, a European natural‑hydrogen exploration startup founded in 2024, has secured a €2.06 million grant from the EU’s Just Transition Fund. The funding will be used to expand its technology platform in Grenoble, including the HOREX pilot, a new geochemistry lab,...
Data centres are poised to become active flexibility assets for the UK grid as AI-driven demand grows. Research shows that if new data centres operate flexibly just 1 % of the time, they can be integrated without additional power plants, reducing...
Asian nations are tightening fuel policies as the Middle East war curtails global oil supplies. Vietnam responded by lowering import tariffs on select petroleum products and mandating that uncommitted oil be sold to domestic refineries. The civil aviation authority warned...
Large‑scale heat pumps are moving from pilot to commercial scale across Europe, with projects in Austria, Finland and Germany showcasing industrial and district‑heating applications. Turboden’s 12 MW pump for Delfort paper mill cuts 19,000 t CO₂ per year, while Everllence’s 20‑33 MW air‑to‑water...
GridStor has secured a $120 million financing package from NORD/LB and Siemens Financial Services for its 150 MW/300 MWh Gunnar Reliability Project in Hidalgo County, Texas. The funding includes construction and tax‑equity bridge loans as well as letters of credit, marking Siemens’ first...
Hammertech AS, a subsidiary of Nordic Technology Group, has secured a three‑year frame agreement with a leading international oil‑and‑gas services company to supply its AquaField™ Mud multiphase meters. The customer projects an outtake of roughly 90 meters across the contract...
China is strengthening its energy security framework to offset volatility caused by the Iran‑related conflict. The government has expanded strategic petroleum reserves, accelerated domestic renewable projects, and secured new long‑term contracts with alternative suppliers. These moves aim to insulate the...
The UK government has pushed back the implementation of new Energy Performance Certificate (EPC) rules for rented homes to autumn 2027, giving ministers time to refine the overhaul of the Energy Performance of Buildings regime. The revised EPC framework, set...
Archer, the Oslo‑listed oil services firm, secured a three‑year extension on its wireline services contract with a major, undisclosed Norwegian Continental Shelf operator. The extension is expected to generate 7‑9% of Archer’s total Well Services revenue based on 2025 activity...
Nexans has installed a 525 kV mass‑impregnated HVDC subsea cable at a depth of 3,000 meters west of Sicily, breaking its own record from December 2025. The cable, part of a broader offshore grid effort, was tested at 30 % above industry reliability...
The closure of the Strait of Hormuz amid the Iran‑US/Israeli conflict has driven bunker fuel prices to record highs, with IFO 380 averaging $841.50 per tonne globally and Singapore reaching $1,073. At least 20% of the world’s HSFO exports are now...
