Energy News and Headlines
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Every morning
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British renewable contractor Aventus Energy has been awarded a year‑long, multi‑million‑pound contract by Inch Cape Offshore to complete foundation activities for the 1 GW Inch Cape offshore wind farm off the Angus coast. The work, the largest single award for Aventus to date, will be carried out at the Port of Leith in partnership with Global Port Services, Global Crane Services and Forth Ports. The scope includes receiving, inspecting and preparing monopiles, transition pieces and jacket foundations for offshore readiness, with more than 70 personnel deployed from Aventus’s Highland base and local hires. The contract underscores Aventus’s growing role in delivering critical renewable infrastructure across the UK and Europe.
Researchers at the University of Edinburgh used natural isotopic fingerprints to verify that CO₂ injected at Iceland’s Carbfix site permanently mineralises into solid carbonate minerals within basaltic rock. The method tracks the gas without adding artificial tracers, offering a low‑intervention...
Wood Mackenzie warns global lithium demand could exceed 13 Mt LCE by 2050 under an accelerated net‑zero transition. Without new investment, supply deficits could appear as early as 2028, with gaps widening to 8.5 Mt LCE by 2050. Electric vehicles account for...
The UK National Energy System Operator (NESO) concluded its second‑round Stability Market auction without awarding any contracts to grid‑forming battery energy storage systems (BESS). Synchronous condensers and open‑cycle gas turbines secured 7.3 GVAs of contracts, while all BESS proposals failed the...
Austrian firm Accupower has launched Natec Home, a residential sodium‑ion battery offering 7.68 kWh capacity, 3.8 kW power output, and a €3,990 price comparable to lithium systems. It operates from –30 °C to 50 °C, holds an IP65 rating, and can be paralleled up...
Utility electricity rates in the U.S. have risen faster than inflation since 2022, driven primarily by higher natural‑gas prices, pandemic‑induced residential demand, and under‑invested transmission infrastructure. While data centers add load in specific markets, they do not align with the...
Global Energy Monitor reports that oil and gas projects now require an average of 15.1 years from discovery to production, roughly three times the 4.9‑year pace of the 1960‑80 peak era. The longest lead times appeared between 2010 and 2020,...
Chinese energy‑storage firms posted mixed 2025 results, with HyperStrong leading a 40% revenue surge and a 46% profit jump. Pylontech saw revenue jump 57% and profit double, yet operating margins fell sharply amid fierce competition. GoodWe returned to profitability thanks...
The Production Engineering of E‑Mobility Components (PEM) chair at RWTH Aachen launched the three‑year DigHy project, backed by €1.1 million from Germany’s Federal Ministry for Research, Technology and Space. The initiative aims to build a digital, scalable hydrogen infrastructure for the...
Schletter Group installed its FS Duo steel mounting system at a 96 MWp solar PV farm near Udine, Italy, deploying 156,700 modules. The two‑post design stacks three modules vertically, boosting land‑use efficiency while delivering high structural stability. Driven hot‑dip galvanized steel...
The U.S.-Israel-Iran conflict has triggered the largest oil price jump in four years as the Strait of Hormuz effectively shut, sending crude markets into turmoil. Inflation concerns now dominate Treasury trading, pushing the 10‑year yield above 4% and raising mortgage‑rate...
Toyota and Stellantis announced they will leave the EU‑wide “Tesla CO₂ pool” starting in 2026, removing two of Tesla’s biggest financial contributors. The pool lets manufacturers pool emissions to meet EU targets, with high‑EV makers offsetting higher‑emission brands. Toyota expects...
Wind turbines sited on agricultural land occupy a modest 15‑25 metre concrete base, leaving the majority of the field available for crops or livestock. UK planning rules require acoustic assessments, and measured noise typically matches rural background levels. Ecological surveys and...
Analysts at S&P Global warn that the U.S.-Israel conflict with Iran could cause the largest oil‑supply disruption ever if tanker traffic through the Strait of Hormuz collapses. Recent data show only five tankers transited on March 1 versus the usual 60,...
Researchers have developed a sandwich‑structured thermochromic smart coating that visually signals friction‑induced heating on offshore steel cables by fading from blue to colorless. The coating incorporates silica‑encapsulated TC@SiO2 microcapsules between polyurea and epoxy layers, delivering a wear rate of 5.86 × 10⁻⁵ mm³·N⁻¹·m⁻¹...
Researchers demonstrated a solvent‑assisted steam reforming process that converts low‑density polyethylene into hydrogen using a 20 wt % Ni–Co/Al₂O₃–ZrO₂ nanocatalyst. By dispersing LDPE in ethylene glycol, the method achieved 95 % feed conversion and a 92.7 % hydrogen yield under optimal conditions (S/C 9, 500 °C,...
At Posidonia 2026, CORE POWER will host a high‑level executive briefing on civil maritime nuclear propulsion, signaling a shift from theoretical debate to concrete industry engagement. Leaders from shipping, finance, ports and energy will discuss fourth‑generation molten‑salt reactors that could...
Greenvolt Power and Danish trader Reel have formed a strategic partnership to optimise the 157 MW Høegholm hybrid solar‑and‑battery project in Denmark. The site combines 97.36 MW of PV with a 60 MW/120 MWh battery storage system, slated for PV commissioning in Q1 2026 and...
Researchers grafted ethylenediamine onto the pyrazole‑based MOF‑303 via pyrazole deprotonation, creating the amine‑functionalized MOF‑303#EDA. The material captures 0.71 mmol g⁻¹ CO₂ at 298 K and 450 ppm, and reaches 2.5 mmol g⁻¹ at 0.15 bar. Breakthrough experiments demonstrate stable cyclic performance, confirming its suitability for point‑source capture....
Arabian Drilling has reactivated two previously recalled rigs and launched its first international offshore contract within the GCC. The offshore fleet utilization now stands at 91% and total fleet utilization at 82%, with a third land rig entering service on...
Rock Tech Lithium and Siemens have signed a non‑binding MOU to replicate the German lithium‑conversion plant in Canada’s Red Rock, Ontario. The German facility, under construction in Guben, will produce 24,000 tonnes of battery‑grade lithium hydroxide annually, while the Canadian version targets...
Ocean Winds, the 50‑50 joint venture of EDPR and ENGIE, has signed a lease with The Crown Estate for a floating offshore wind site in the Celtic Sea, marking the third Round 5 lease awarded. The development is planned in phases...
Researchers introduced an atomically ordered RuGa intermetallic that deliberately disrupts ruthenium’s geometric symmetry, weakening its hydrogen binding strength. This geometric engineering yields a catalyst that outperforms conventional Ru/C in both hydrogen oxidation (HOR) and evolution (HER), delivering a 1.02 mA cm⁻² exchange...
GE Vernova is allocating roughly $30 million to expand its Sesto San Giovanni, Italy, manufacturing hub, adding about 50 new jobs. The upgrade will introduce additional production lines for advanced dry‑type bushings, including resin‑impregnated paper and synthetic technologies, capable of handling voltages up...
Eku Energy warned that Australia’s National Electricity Market (NEM) must redesign its rules to fully integrate large‑scale energy storage. The utility highlighted bottlenecks in price signals, scarcity pricing, and ancillary service markets that discourage storage investment. It called for clearer...
Australia’s Cheaper Home Batteries Program has crossed the 250,000‑installation milestone, delivering roughly 6.3 GWh of distributed storage across homes, small businesses and community sites. Launched in July 2025, the scheme offers about a 30 % upfront rebate via the Small‑scale Technology Certificate mechanism....
John Reilly, head of renewables at Bord na Móna, warned that rising dispatch‑down levels are forcing about 30 % curtailment on Irish on‑shore wind sites, weakening the business case for new projects. The de‑commissioning of the 6.5 MW Bellacorick farm clears the...
Protran Solutions successfully completed a 1,671 km round‑trip between Sydney and Brisbane using a battery‑electric refrigerated trailer equipped with roof‑mounted solar panels. The Sunswap Endurance trailer consumed 85.9 kWh total energy, generating 58.9 kWh from solar while retaining 62 % battery capacity after 32 hours...
Petronas said it has seen no direct impact on its operations from the ongoing Middle East conflict, though it is monitoring the situation closely. The Malaysian oil‑and‑gas giant holds exploration concessions in Abu Dhabi’s Al Dhafra region and maintains long‑term LNG...
The article explains that a building's envelope acts as a thermal regulator, and its performance hinges on the thermal transmittance, or U‑Value. U‑Value quantifies heat flow per square meter per degree Kelvin, linking directly to insulation quality. The piece outlines...
Centennial Coal's Myuna Colliery in New South Wales has reached a new commercial agreement with Origin Energy. The three‑year deal guarantees the supply of thermal coal to Origin’s Eraring Power Station. The arrangement removes months of operational uncertainty and secures...
The review examines cobalt molybdate (CoMoO4) as a non‑noble metal catalyst for the oxygen evolution reaction (OER), highlighting its abundant resources, bimetallic synergy, and structural flexibility. It contrasts the adsorbate evolution mechanism with the lattice‑oxygen participation mechanism, showing how Mo⁶⁺...
Queensland’s planning minister Jarrod Bleijie has issued a call‑in notice for Iberdrola Australia’s up‑to‑500 MW Bundaberg Regional Battery after more than ten community and council requests raised safety, environmental and site‑suitability concerns. The council failed to issue a statutory decision, prompting...
The New South Wales government has extended the development consent for the Dartbrook thermal coal mine by six years, now running until 5 December 2033. The extension secures the mine’s 6 Mtpa coal handling and preparation plant (CHPP) operations. The decision arrives amid...
Greg Abel, the new CEO of Berkshire Hathaway, used his first shareholder letter to stress rising electricity demand and wildfire threats, while declaring the CEO also serves as chief risk officer. He did not address how Berkshire’s extensive fossil‑fuel holdings,...
VLCC charter rates surged to a record $424,000 per day after the U.S.-Israeli strike on Iran, as the Strait of Hormuz was officially closed to traffic. Spot rates for Middle‑East‑to‑China voyages jumped well above $400,000, dwarfing the recent $100,000‑plus benchmarks....
Australian NEM closed the summer of 2025‑26 with February 2026 wind generation records across all states except Tasmania and Victoria. Queensland posted a record 508,780 MWh, while Western Australia’s Warradarge farm led with a 60.5% capacity factor. Big utility‑scale batteries discharged 245 GWh,...
Australia’s renewable pipeline now totals roughly 670 GW – more than three times the 200 GW extra capacity required for its 2050 net‑zero target – but the speed of project delivery is lagging. The bulk of the pipeline consists of onshore wind,...
Crexendo Inc. reported a flat production outlook for 2026 while front‑loading 60% of its annual capital expenditures in the first half of the year, giving it flexibility to accelerate drilling if market conditions improve. The company highlighted a deep Utica...
Antero Resources Corp. closed its HG Energy acquisition ahead of schedule, adding 385,000 net acres and over 400 drilling locations, while divesting its Ohio Utica asset to cement its status as West Virginia's leading natural gas and NGL producer. The...
WEC Energy Group reported adjusted 2025 earnings of $5.27 per share, an 8% increase year‑over‑year, after excluding a $0.46 per‑share settlement charge in Illinois. Strong weather and a favorable Wisconsin rate review added $1.09 to earnings, while the company announced...
Gran Tierra Energy reported Q4 2020 production of roughly 23,000 barrels of oil per day while sharply curbing costs, cutting operating expenses 39% to $145 million. The company achieved a 133% proved‑developed‑producing reserve replacement ratio and a 1P net present value...
EVGO reported a fourth‑quarter 2025 revenue of $678 million and GAAP net income of $32 million, with adjusted EBITDA reaching $126 million. The company secured a record $520 million in new or expanded contracts, including five ICE‑dedicated facilities that add roughly $400 million of annualized...
The US‑Iran conflict has driven NYMEX heating‑oil futures up more than 12%, causing diesel premiums at Brazilian ports to more than double within a day. Spot‑market diesel deals are expected to grind to a halt as import costs surge and...
Oil prices continued to rise as the United States and Israel escalated military actions against Iran, prompting Tehran to threaten to close the Strait of Hormuz and launch drone attacks on the U.S. embassy in Riyadh. Brent crude climbed above...
Oil prices jumped nearly 10 % after Iran’s retaliatory strikes, prompting JPMorgan to warn that Brent could reach $120 per barrel if Strait of Hormuz disruptions persist. Pakistan, which imports 85 % of its crude, faces a current‑account deficit increase of $1.5‑$2 billion...
Hypercharge Networks Corp. posted third‑quarter fiscal 2026 results featuring record service and subscription revenue, a 34% gross margin and a 59% reduction in net loss. Revenue for the nine‑month period rose 33% year‑to‑date to C$9.7 million, driven by higher‑margin Level 2 installations. The...
Venture Global, one of the United States' leading LNG exporters, has signed a five‑year supply agreement with global commodity trader Trafigura, effective from this year. The contract locks in a steady volume of U.S. liquefied natural gas for Trafigura’s worldwide...
Israel announced a precautionary shutdown of production at its major offshore gas fields, including Tamar and Leviathan, as hostilities with Iran intensify. The move follows a wave of attacks on energy infrastructure across the Middle East Gulf region. Officials say...
RSPG, the Invesco S&P 500 Equal Weight Energy ETF, offers investors exposure to 22 U.S. energy companies positioned to benefit from rising oil prices amid the Iran conflict. Its equal‑weight methodology normalizes valuation outliers and reduces concentration risk, eliminating the...
