Energy News and Headlines
Energy News and Headlines
Energy Pulse
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Daily
Every morning
Weekly
Tuesday recap
Escalating Middle‑East tensions have pushed oil prices higher, reigniting concerns over energy security. The volatility is prompting policymakers and utilities to revisit nuclear power as a reliable baseload source, especially for power‑hungry AI data centers. Uranium, the core fuel for reactors, is seeing renewed demand, and investors are turning to uranium‑focused exchange‑traded funds to capture the upside. Sprott’s Uranium Miners ETF (URNM) has already posted a 30.83 % year‑to‑date gain as of February 28 2026.
Hospitals are turning to retrofits rather than new construction to meet tighter sustainability rules, budget constraints, and patient demand, according to a Schneider Electric and JLL white paper. The study examined nine energy‑and‑carbon conservation measures (ECCMs) across seven facilities in...
Japan’s Green Investment Promotion Organization wrapped up its 27th utility‑scale solar auction, allocating 79 MW at an average price of JPY 4.61/kWh ($0.029). The auction saw a zero‑yen bid for a 400 kW project and a highest bid of JPY 6.49/kWh, well below the...
First Solar reported a $1.53 billion net profit for 2025, heavily bolstered by $1.6 billion in 45X transferable tax credits that are counted as net sales. The company projects $2.1‑$2.19 billion of similar credits in 2026, prompting Wall Street to discount the earnings....
Battery energy storage systems (BESS) are projected to hit 2 TWh of capacity by 2033, driven by a 30% CAGR and expanding renewable integration. Overheating remains a critical challenge, as temperatures above 30 °C can cut battery life by up to 40%....
Hanjung America, a subsidiary of South Korean battery maker Hanjung NCS, announced plans to construct its first U.S. energy‑storage‑system manufacturing facility in Huntington, Indiana. The 133‑acre plant will focus on cooling‑fan modules and direct‑injection fire extinguishers that serve the Stellantis‑Samsung SDI...
Tesla announced plans for a massive fast‑charging hub in Yermo, California, featuring roughly 400 V4 Supercharger stalls capable of delivering up to 500 kW. The site, positioned along the high‑traffic corridor between Southern California and Las Vegas, may incorporate solar‑powered canopies...
Oil prices surged past $100 a barrel after the Iran‑related conflict disrupted the Strait of Hormuz, sending crude to near $120 in a single day. In response, the UK’s AA and RAC urged motorists to skip non‑essential trips and adopt...
The U.S. Energy Information Administration reported that commercial crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 3.5 million barrels to 439.3 million barrels in the week ending Feb 27, still about 3% below the five‑year average. Total petroleum stocks rose 2.9 million...
Edison International, the parent of Southern California Edison, secured a dismissal of a shareholder lawsuit alleging fraud over the January 2025 Los Angeles wildfires. U.S. District Judge Otis Wright found the utility’s statements about its Public Safety Power Shutoff (PSPS) program too...
The Arizona Corporation Commission voted unanimously on March 4 to repeal the state’s renewable energy standard and associated tariff rules, arguing that the mandates no longer justify the costs to ratepayers. Since 2006, utilities have collected more than $2.3 billion in REST...
Global long‑duration energy storage (LDES) installations topped 15 GWh in 2025, a 49 % year‑on‑year rise. China drove the surge, delivering 93 % of total capacity under a new provincial‑level storage action plan. Compressed‑air systems dominated the mix at 45 %, followed by thermal...
The third edition of the Battery Atlas 2026, released by RWTH Aachen University, maps Europe’s entire lithium‑ion battery value chain. While more than 2,000 GWh of cell capacity was announced in 2023, the realistic outlook for early 2026 is about 1,190 GWh,...
Natural gas futures surged past technical resistance, pushing the Henry Hub benchmark above $3 per MMBtu and breaching the $3.50 ceiling. The rally follows supply disruptions from the war in Iran, which have tightened global gas markets. Meanwhile, milder spring...
Peru’s political turbulence intensified after Congress ousted interim President José Jerí in February 2026, installing former judge José María Balcázar as a short‑term leader ahead of the April 2026 elections. The rapid turnover marks the third consecutive presidential removal since...
American Bureau of Shipping (ABS) has partnered with HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho Heavy Industries to launch a joint development project for a nuclear‑powered electric propulsion system. The collaboration will produce a conceptual design, electrical...
Flowfinity Inc. launched Flowfinity Streams, an industrial remote‑monitoring platform tailored for utilities and municipalities. The solution merges IoT sensor data, work‑order management, compliance reporting, and a no‑code workflow engine into a single environment. In a pilot with a major U.S....
Pre‑market trading is under pressure as the Iran conflict pushes WTI and Brent crude above $100 a barrel, lifting oil prices 78% year‑to‑date. Major indices are slipping, with the Dow down 1.16%, the S&P 500 off 1.05% and the Nasdaq losing...
India’s inter‑regional transmission capacity is slated to rise to 143 GW by 2027 and 168 GW by 2032, supporting an anticipated peak demand of 388 GW in 2032. The National Grid will expand to 6.48 lakh circuit‑kilometres and boost transformation capacity to 2,345 GVA. Current...
Donut Lab's third independent test by Finland's VTT confirms its solid‑state cell retains 97.7% of charge after a 10‑day idle period. The test measured a 26.5 Ah capacity at 1C and, after charging to 50% SOC, recovered 13.03 Ah, with only a...
TT‑Line switched its Baltic ro‑ro ferries Nils Holgersson and Peter Pan to bio‑LNG in 2025, achieving a near‑zero emissions profile. The vessels, commissioned in 2022‑23 and powered by Everllence dual‑fuel engines, ran on renewable LNG without any performance loss. Tests...
House Majority Whip Tom Emmer told CNBC that oil prices, which surged above $100 per barrel after Middle Eastern production cuts tied to the U.S.–Israel conflict with Iran, will "tumble" once the operation concludes. President Donald Trump echoed the short‑term...
Midcontinent Independent System Operator (MISO) and Southwest Power Pool (SPP) are evaluating two 500‑kV transmission options—Core ($1.3 billion) and Core+ ($3.6 billion)—to strengthen reliability along their shared border in Arkansas, Louisiana, Oklahoma and Texas. The Core set would add 2.6 GW of import...
India plans to boost domestic coal output by 6‑7 % annually, aiming for roughly 1.5 billion tonnes by FY 2029‑30. Production was about 1.05 bn tonnes in 2024‑25, and the government expects demand to peak around 2040. Minister G Kishan Reddy emphasized that...
Plug Power Inc. is preparing to offer up to 250 MW of hydrogen‑generated electricity in a potential emergency auction run by PJM Interconnection, the nation’s largest power grid. The bid targets AI‑driven data centers and utilities seeking long‑term, seven‑year contracts. The...
OQ Alternative Energy (OQAE) announced that its three renewable projects – Riyah 1, Riyah 2 wind farms and the North Solar plant – are on track to deliver 330 MW of capacity by the end of 2026. The developments represent a $230 million investment,...
International oil service firms Halliburton, KBR and SLB have evacuated foreign staff from southern Iraq as security deteriorates amid the US‑Israel‑Iran conflict. Iraqi crude output has slumped roughly 60%, falling to about 1.3 million barrels per day after key export routes...
Santos Ltd and Beach Energy have approved the AUD 357 million Moomba Central Optimization (MCO) project, replacing seven aging gas‑run compressors with a single electric unit in South Australia’s Cooper Basin. The upgrade, slated for completion by 2029, aims to debottleneck the...
Saudi Aramco has begun curbing output at two fields as the Strait of Hormuz bottleneck from the US‑Israeli war with Iran rattles global oil supplies. Meanwhile, Roche’s breast‑cancer drug giredestrant failed a late‑stage trial, sending its shares down more than...
Boeing has signed a multi‑year agreement with Carbonfuture to purchase at least 40,000 tonnes of biochar‑based carbon‑removal credits. The credits will come from four diversified projects in the Global South, offering long‑term soil sequestration and fertility benefits. This off‑take targets Boeing’s...
Falling natural gas prices have revived the fuel’s share in U.S. thermal power generation. Gas now supplies about 72% of the thermal stack, up from roughly 60% a year ago. The surge is driven by a recent dip in spot...
Kraftblock installed a 20 MWh high‑temperature thermal storage system at Tata Steel’s Jamshedpur sinter plant. The unit captures waste heat up to 500 °C from the cooling circuit and can discharge up to 1.8 MW back into the process. It is projected to...
Canadian Natural Resources Ltd. reported its best operational year in 2025, achieving record natural gas output driven by liquids‑rich drilling. Despite a volatile market that saw AECO prices swing from negative to over $3 per gigajoule, the company maintained lower...
Swedish thin‑film specialist Midsummer landed its biggest contract to date, a SEK 236 million deal for a complete DUO CIGS solar‑cell production line. The order follows a May 2025 SEK 143 million purchase for a 15 MW turnkey line from the same undisclosed Swedish defense...
American Gas Association CEO Karen Harbert argues that rising U.S. energy demand—driven by reshoring and AI—offers a chance to keep costs low if natural‑gas infrastructure expands quickly. She notes that demand has risen nearly 50 % since 2006 while shale has...
Oil prices surged to near $120 a barrel as Iran’s conflict intensified following the appointment of a new supreme leader, then retreated to about $106 for Brent and $103 for WTI. The fighting threatens production and shipping in the Persian...
Vestas has signed a Memorandum of Understanding with Japan’s Ministry of Economy, Trade and Industry to establish a wind turbine nacelle manufacturing base. The agreement sets a target for final‑stage nacelle assembly in Japan by fiscal year 2029, with a...
Smart‑panel startup Span announced a strategic partnership with electrical‑equipment giant Eaton, which includes a $75 million investment. The deal aims to drive down the cost of Span’s $3,500 smart panels by tapping Eaton’s manufacturing scale and its extensive distributor and installer...
Pionix and Lumissil have deepened their partnership to deliver ChargeBridge, a pre‑certified System‑on‑Module that blends Lumissil’s IS32CG5317 Green PHY microcontroller with Pionix’s open‑source EV‑charging software. The module decouples hardware and software, allowing charger manufacturers to accelerate development cycles and simplify...
Chevron’s Aphrodite consortium announced a 4% uplift in contingent gas resources to 3.67 trillion cubic feet, with low and high estimates now at 2.73 Tcf and 4.59 Tcf respectively. The revision stems from new core‑sample data and the Cyprus government’s approval of the...
INSPIRE Environmental, a Venterra Group unit, has opened a permanent operational base in Aberdeen to serve offshore wind projects across Scotland, the UK, and Europe. The facility will eventually house about 30 specialists and is co‑located with Oceanscan to streamline...
House leaders filed HB 8292, allowing the Philippine President to suspend or reduce fuel excise taxes during national or global emergencies, triggered by soaring oil prices linked to Middle East tensions. The bill sets a concrete threshold—Dubai crude at $80 per...
India’s Ministry of New and Renewable Energy secretary Santosh Kumar Sarangi said the country has strong potential in renewable‑energy manufacturing, project development and exports as clean‑energy capacity expands. He highlighted a shift from utility‑scale projects to distributed, prosumer‑driven models backed...
Researchers at TU Berlin and Princeton demonstrate that early 24/7 carbon‑free electricity commitments can dramatically lower the cost of emerging clean‑energy technologies such as iron‑air batteries and Allam‑cycle generators, creating a virtuous learning loop. Their model shows that commitments equivalent...
New provisional data from EirGrid shows that renewables supplied 48% of Ireland’s electricity in February, up from 39% in January. Wind power dominated the renewable mix, delivering 41% of total generation and reaching a record 3,898 MW output on 14 February. Gas...
Big Tech announced a landmark pledge at the White House to power new data centres with renewable energy, signaling a shift toward greener cloud infrastructure. New Zealand's sovereign wealth fund, NZ Super, created a dedicated real‑assets chief role to sharpen...
The European Commission unveiled the Industrial Accelerator Act (IAA), a legislative package aimed at boosting demand for low‑carbon, ‘Made in Europe’ technologies across strategic sectors such as steel, cement, automotive and energy storage. The proposal introduces domestic‑content requirements for public...
Borr Drilling has placed three of its jack‑up rigs on standby in the Arabian Gulf as hostilities flare between the U.S.–Israel coalition and Iran. The rigs operating in Qatar and the UAE were down‑manned, and the Arabia III unit was shut...
Karachi Electric replaced bare low‑voltage wires with aerial bundled cables (ABCs), slashing feeder‑line losses by about eight percentage points and boosting revenue recovery. The upgrade prompted a surge in formal residential connections and higher billed consumption, while power outages fell....
Rising tensions with Iran are driving Brent crude above $100 a barrel, sparking fears of a prolonged oil shock. The iShares MSCI Saudi Arabia ETF (KSA), heavily weighted toward oil and financials, has slipped to near five‑year lows despite the...
