Energy News and Headlines
Energy News and Headlines
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EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
U.S. natural‑gas forward prices slipped again this week as the market eases from the January cold snap. Prompt‑month contracts fell 26.7 cents, while regional basis spreads showed mixed movement. SoCal Citygate basis peaked near $1.90/MMBtu for 2028 deliveries, whereas Malin remained negative through 2026. The Rockies basis firmed, suggesting lingering supply constraints and potential regional volatility.
Canadian oilfield services firm Ensign Energy Services is currently the sole operator of drilling rigs in Venezuela, maintaining two rigs in the Orinoco heavy‑oil region after two decades of continuous presence. A recent Trump administration general licence has opened the...
Electricity rates surged 6.9% in 2025, more than double the 2.9% inflation rate, driven largely by AI‑powered data centers. Goldman Sachs warns that data centers will account for 40% of electricity‑demand growth, keeping prices elevated through the decade. Households face...
The International Energy Agency (IEA) lowered its 2026 global oil demand growth forecast to 850,000 barrels per day, down from a previous estimate amid heightened economic uncertainty and rising crude prices. Demand gains will come entirely from non‑OECD economies, with...
Switzerland’s Paléo Festival Nyon has become the first outdoor music event in the country to operate its own solar farm. The 470‑square‑metre installation, featuring 261 photovoltaic panels, will generate roughly 100,000 kWh per year—covering at least half of the festival’s electricity...
Alva Energy, a Massachusetts‑based nuclear startup, closed a $33 million Series A round led by Playground Global to fund retrofits of existing U.S. reactors. The company will replace steam generators and add a second turbine, boosting each plant’s output by 200‑300 MWe and...
The U.S. Department of Commerce issued final antidumping (AD) and countervailing duty (CVD) rates for Chinese active anode material (AAM). AD margins remain at 93.5% for major exporters and 102.72% for others, while CVD rates settle around 66.86% for most...
The Energy Information Administration reported that U.S. natural gas inventories rose by 2.5 billion cubic feet (Bcf) in the week ending November 1, bringing total working‑day stocks to 3.22 trillion cubic feet (Tcf). This level sits about 5 percent above the five‑year average for...
Ukrainian drones struck Lukoil’s Ukhta refinery in the Komi region, igniting a blaze in the primary unit and a visbreaker. The attack follows a high‑precision strike on Lukoil’s larger Volgograd refinery earlier this week. Ukhta processes about 60,000 barrels of...
The IEA‑PVPS Task 13 report warns that the second‑life photovoltaic module market remains fragmented due to missing IEC‑based qualification standards, costly manual repairs, and absent policy support. It recommends fast‑tracking IEC specifications, investing in automated testing hubs, and creating financial instruments...
Britain’s Thames Water announced that its creditors are reviewing an additional £823 million of funding, adding to the £1.43 billion already drawn from its super‑senior liquidity facility. In Nigeria, Dangote Petroleum’s refinery completed 72‑hour performance tests, confirming full‑capacity operation at 650,000 barrels...
U.S. commercial crude inventories rose by 8.5 million barrels in the week ending Feb 6, reaching 428.8 million barrels—about three percent below the five‑year seasonal average. Total petroleum stocks slipped 1.7 million barrels week‑on‑week but remain up 81.9 million barrels year‑on‑year. Refinery runs edged lower...
Solar inverter manufacturers have turned inverters into intelligent power‑management platforms with granular monitoring across loads, storage, EV chargers, and the grid. Companies such as Enphase and SMA now deliver module‑level data, temperature and irradiance metrics, and AI‑driven predictive maintenance. This...
Plus Power has commissioned the 175‑MW, 350‑MWh Cross Town Energy Storage facility in Gorham, Maine, marking the largest battery energy storage system on the ISO New England grid. The plant uses 156 Sungrow PowerTitan modules on a five‑acre site adjacent...
Spain’s installed solar capacity hit the 50 GW milestone in early 2026, after adding roughly 8.7 GW in 2025. Solar now represents 33.9% of the country’s total installed power capacity and supplied 18.4% of electricity last year. The expansion was led by...
Solar photovoltaic installations continued strong growth in 2025, with Europe reaching a record 70 GW and global cumulative installations surpassing 700 GW, led primarily by China’s over‑half share. The market is increasingly bifurcated: mature regions stagnate while emerging economies accelerate, and battery...
Tesla will roll out its first vehicle‑to‑grid program in the United States, starting with Cybertruck owners in select Texas markets served by CenterPoint Energy and Oncor. The Powershare Grid Support Program lets participants earn energy‑bill credits by feeding power back...
Rystad Energy highlighted that January U.S. non‑farm payrolls increased by 130,000, pushing the unemployment rate down to 4.3% and surpassing consensus expectations. The stronger labor market is viewed as a modest tailwind for demand for transport fuels, petrochemicals and power...
Anthropic announced it will cover the grid costs associated with its AI data centres, partnering with utilities to estimate and offset residential electricity price hikes. The company will also finance infrastructure upgrades, invest in new power generation, and implement demand‑response...
South Korean conglomerate SK Group’s battery separator plant in Dąbrowa Górnicza, Poland, was named the second‑most impactful operational mega project in Europe for 2026. The €4.4 bn investment has created more than 1,200 jobs and strengthens Europe’s battery supply chain amid rising...
Chinese battery giant CATL is investing €7.34 bn to build a gigafactory in Debrecen, Hungary, the country’s largest greenfield project. The company has already assembled over 120,000 battery modules in a rented facility and aims to start lithium‑ion cell production in...
Smart Solar Technologies, a Turkish cleantech firm, announced a €122 million investment to build a solar cell and module factory in Stara Zagora, Bulgaria. The plant will target 1,500 MW of wafer, cell and module output and is expected to generate more than...
Australia’s clean‑energy push, highlighted by the Cheaper Home Batteries Program, has driven rapid rooftop solar adoption, yet renters—over one‑third of households—remain excluded. Solar Citizens and a coalition of 72 groups have campaigned for a solar‑for‑renters framework, testing public consensus through...
Mercedes‑Benz Trucks handed over its first eActros 600 to Chilean carrier Empresas Cavalieri, marking the model’s debut outside Europe and the first series‑production electric long‑haul truck in South America. The vehicle will serve the Santiago‑Viña del Mar beverage route for Compañía...
CarbonQuest, a Spokane‑based startup, is expanding its carbon‑capture technology from New York high‑rise boilers to gas‑fired engines that power compressors on Canadian pipelines. The company secured a $4.1 million grant‑backed contract with Tourmaline to install a containerized vacuum pressure swing absorption...
Estonia’s utility Utilitas has commissioned an 80 MW/1,100 MWh thermal energy storage (TES) plant in Tallinn, while Lithuania’s state‑owned Ignitis Group has confirmed a €130 million, 291 MW/582 MWh battery storage portfolio that will use Rolls‑Royce BESS modules and Nidec Conversion power‑conversion equipment. Both projects...
Ascott is shifting its sustainability focus from guest‑facing gestures to system‑level operational improvements, targeting cooling efficiency, refrigerant discipline, and maintenance quality. The 2024 CarbonClear Initiative standardises energy audits and sets property‑level targets, using utility data and sub‑metering for verification. These...
President Donald Trump called the newly concluded India‑US trade deal historic, highlighting its potential to expand American energy exports, especially coal. The interim agreement slashes U.S. duties on Indian goods to a uniform 18% across textiles, apparel, chemicals and more,...
Adani Power has created a wholly‑owned subsidiary, Adani Atomic Energy Limited, with an initial ₹5 lakh investment to generate, transmit and distribute nuclear power. The move follows the passage of the SHANTI Act, which opens India’s nuclear sector to private players...
Contemporary Amperex Technology (CATL) is expanding beyond battery manufacturing into a nationwide battery‑swap network called Choco‑Swap, targeting 30,000 stations across China. Its subsidiary Era Electric has already built 1,000 stations by end‑2025 and plans to add 2,000 more in 2026,...
The final India Leadership Talks episode highlighted how virtual‑twin technology and model‑based engineering are moving from promise to practice across manufacturing, infrastructure and life sciences. Leaders from Godrej, KPMG and IndianOil Adani Ventures described a shift from basic digitalisation to...
NTPC’s shares have surged about 12 % in the last three months, outpacing the ET Power index, as the utility accelerates both thermal capacity additions and renewable growth through its NGEL subsidiary. The company now operates roughly 86 GW of installed capacity...
The Comptroller and Auditor General (CAG) flagged that NLC India's Mine‑II in Neyveli operated without a valid environmental clearance, stemming from delayed revalidation. The audit also revealed severe land constraints, leaving only 46.19 hectares for active mining and an estimated...
VEIR, a superconducting power‑solutions firm founded in 2019, is targeting the growing power‑density gap between data‑center demand and legacy grid capacity. CEO Tim Heidel explains that existing transmission corridors are congested, creating long interconnection queues and curtailment risks. VEIR’s high‑temperature...
The Oil & Gas Journal (OGJ) offers a daily OGJ Crack Spread metric that quantifies the margin between crude oil input costs and refined product sales. This spread serves as a real‑time gauge of refinery profitability and market tightness. OGJ’s...
The Oil & Gas Journal released a data set detailing U.S. crude oil imports broken down by country of origin. The report highlights the top supplying nations, shifts in import volumes over the past year, and emerging trends such as...
AI adoption is now common in North American electric utilities, with over 80% reporting some use of the technology. Yet many pilots stall because they are treated as side projects rather than core operations. The article stresses that embedding AI...
Aggreko has installed rooftop solar systems at two U.S. service centers—a 100‑kW array in St. Louis that meets about 40 % of the site’s electricity and an 87.3‑kW array in Bridgeport covering roughly 64 % of its power needs. The installations cut...
SolarEdge Technologies announced a partnership with grid‑software firm WeaveGrid to bring its residential battery systems into the utility‑focused Distribution‑Integrated System Capacity Orchestration (DISCO) platform. DISCO, originally built for large‑scale EV charging management, will now coordinate both electric vehicles and home...
The National Laboratory of the Rockies (NLR), formerly NREL, announced a second major workforce reduction this year, cutting 134 employees. The layoffs follow a prior round of 114 cuts nine months earlier and are attributed to adjusted funding levels and...
Intellirent has launched a new regional service center in Phoenix, Arizona, slated to begin operations on February 23, 2026. The facility is positioned to serve power, utility, industrial and infrastructure customers with faster access to electrical testing equipment and local...
The European Investment Bank is injecting €60 million into Solas Capital’s Sustainable Energy Fund II to launch a new financing platform that will support energy‑efficiency projects for SMEs across the EU. The platform is designed to mobilize nearly €400 million of total capital,...
XPeng has revamped its Southeast Asian approach in early 2026, moving from a niche importer to a regional powerhouse with local manufacturing and an integrated ultra‑fast charging backbone. A partnership with Indonesia’s Voltron delivered the first 480 kW station, enabling the...
AES Indiana has brought online a 250‑MW solar farm paired with 180 MWh of battery storage at the Petersburg Generating Station, a 2‑GW coal facility in Pike County. The new Petersburg Energy Center replaces two coal units that date back to...
WindEurope warned that Europe’s industrial competitiveness hinges on rapid electrification backed by policy support. The association highlighted wind’s low‑cost electricity and cited Germany’s approval of over 20 GW onshore wind and the UK’s 8.4 GW offshore CfD awards as proof of scaling...
Faraday Future is rolling out its Super One, an AI‑centric luxury electric SUV priced between $20,000 and $80,000, positioning it as a direct challenger to high‑end models like the Cadillac Escalade. The company recently secured $30 million to fund the broader...
SOLRITE Energy and sonnen have launched a battery‑only virtual power plant (VPP) product for Texas homeowners, offering up to 60 kWh of storage at a flat 12¢ per kWh all‑in rate. The service costs a modest $20 per month and is limited...
Latvian deep‑tech startup Deep Space Energy has closed a €930 k pre‑seed round, led by Outlast Fund and supplemented by ESA, NATO DIANA and Latvian government grants. The capital will accelerate development of a radioisotope power generator that uses Americium‑241, delivering...
The National Green Tribunal (NGT) took suo‑motu cognizance of a newspaper report after an explosion killed 18 miners in an illegal rat‑hole coal mine in Meghalaya's East Jaintia Hills. The tribunal ordered the state chief secretary, the Central Pollution Control...
Foreign Minister Sergei Lavrov told the Russian Duma that only U.S. President Donald Trump has claimed India will cease buying Russian oil, and no Indian official has made such a statement. Lavrov highlighted India’s new BRICS chairmanship and its focus...
