Gas Dominates European Power Prices, Driving Higher Costs
Where gas sets prices, prices are higher. r = 0.91 across European electricity markets. Italy & UK: gas sets prices 75-80% of hours, avg €90-115/MWh. Finland: 15% of hours, €42/MWh. More in next newsletter on whether renewables mean lower prices: https://t.co/In5lBaF2ox https://t.co/NWmfk3NfQh
Porr Constructs 51‑m Thermal Storage Tank for Hamburg’s Coal Exit
$POS - Holding Equity Small Caps FI Porr builds 51-meter district heating storage tank for Hamburg Energiewerke in Billbrook Porr won contract from Hamburg Energy Works to build large-scale hot water thermal storage unit at Tiefstack heating plant site in Billbrook as...
Norway Prioritizes Profits Over Climate, Sells Gas to Europe
It is with a heavy heart that I announce Norway must bravely and selflessly continue to sell ultra-expensive planet-wrecking gas to Europe, including opening up 3 new previously-closed gas fields. This hurts* us more than it hurts you and your...
Speaking at AEF26 on Capital Driving Africa’s Energy Growth
I am delighted to share that I will be speaking at the Africa Energy Forum #aef26, which will bring together policymakers, investors & industry leaders to explore how capital, partnerships & project development are shaping #Africa’s next phase of growth. https://t.co/NwsE4afbeh...
Oil Cargo Prices Plunge as Buyers Retreat
MUST READ: The cost of a real-world oil cargo is dropping fast as buyers back away. The sharp retreat provides a counterintuitive backdrop to warnings the oil market is barreling toward a crisis point. Still, traders cautioned the calm may be...
Oil Flow Stalls Amid Unclear Conflict, some Tankers Hidden
Day 73: No-peace, no-war, and very-little-oil (Saying “very little” because clearly some tankers are existing with AIS off)
Saudi Retaliation Risk: Destroying Own Oil Assets
“… Had the Kingdom wanted, and it is capable of doing so, to respond in kind to Iran by destroying Iranian facilities and interests, the outcome could have been the destruction of Saudi oil facilities…” — Prince Turki Al-Faisal https://t.co/yVh8S9oMYL
Price Controls Trigger Gas Station Closures, Shortages
Tragic but predictable: South Korea imposed communist-style price controls on gasoline… and gas stations started closing. Shortages incoming. Price controls never work
Gas Tax Holiday Cuts Revenue, Harms Efficiency, Infrastructure
And drivers would only get ~60-80% of that if a gas tax holiday were passed. While boosting demand at a time of low supply, discouraging efficiency & slashing a key source of infrastructure funding. Seems like just yesterday GOP slammed...
Sanctioned Iraqi Crude VLCC Crosses Hormuz, Faces US Block
📌This VLCC loaded with Iraqi Basra Medium crude just crossed the Strait of Hormuz. 📌Problem: the tanker and its Indian owner are under US sanctions. It slipped past the Iranians, but can it beat a US blockade? Watch for STS ops...
Brent Surges 4%, Threatening Global Economy Amid Geopolitical Tensions
Brent up over 4% Mon morning >$105. I see a Pakistan request in the works... or maybe it will be Qatar now. I see a Trump TACO coming. But seriously, this has gone beyond ridiculous now and dangerously damaging to the global...
Iran Declares Hormuz Leverage, Aims to Dictate Gulf Future
Iran just made it explicit: The US is the problem Hormuz is the leverage The future of the Gulf will be regional—and Iran plans to write the rules This isn’t rhetoric It’s strategy #Iran #Hormuz #Geopolitics #OilMarkets #MiddleEast https://t.co/pYvWhqqfML
Energy Crisis Stems From Refinery Outage, Not Hormuz
Looking for an energy crisis? It is not hormuz... It is unplanned outage in one of the largest refineries
China’s Oil Aid Drives Asian Pivot From US
My take in @FortuneMagazine on China’s DIPLOMATIC POSITIONING: “China is deploying its 1.4-billion-barrel strategic crude reserve to aid its Asian neighbors while the US is blocking the Strait of Hormuz.” Seoul, Tokyo, and Jakarta are PIVOTING AWAY from Uncle Sam. https://t.co/PLQmOFRWfy
Home Batteries Profit From Negative Electricity Price Spikes
Home batteries earn during negative electricity price spikes #energysky -- via pv magazine global: https://t.co/V2G1S8b0rl
Nat Gas Shows Higher Low, Inverted H&S Forming
Nat gas - what do we have here: First higher low on the dailies and potential for an inverted head and shoulders. Rumor is that folks going to be running those ACs full blast in the midwest the...
Electrification Can Power Everything From Cars to Shipping
From cars to coastal shipping, we can electrify almost everything, according to Electrification Staircase #energysky -- via Renew Economy: https://t.co/bzqi1fgtF0 https://t.co/X1qaPdxxnE
China's Clean‑tech Firms Target New Markets Amid Iran War Shock
China's suppliers of batteries, solar panels and electric cars are wooing new markets to capitalize on Iran war energy shocks https://t.co/92ERWN5SX9
Swiss Balancing Market Opens to Commercial Solar
Swiss balancing energy market now open to C&I solar #energysky -- via pv magazine global: https://t.co/dRrbX8dPhw
Pentagon Delays Stall Wind Projects, Urging Fossil Phase‑out
The next administration should learn from this and similar tactic to phase out then eliminate entirely the coal, oil, and gas industries for energy, which are no longer needed and responsible for killing millions every year from air pollution. More Than...
Oil Shock Signals End of Fossil Fuel Era
Head of International Energy Agency: Fossil fuel era won't recover after global oil shock: -Countries increasingly turning to electrification and renewables -Long-held assumptions about the reliability of fossil fuels shattered -Confidence underpinning global oil and gas markets weakened -Fragility of fossil markets exposed -Expanding fossil...
Black Lung Rates Rise as Trump Stalls Protections
Death and destruction follows the current U.S. push for fossil fuels. Black lung surges in coal country as Trump slow-walks protections https://t.co/2EdKMSnGCC @MotherJones
$7 Diesel Cripples Trucking, Exposes US Oil Dependence
$7 diesel. NW Indiana. Bad for trucking. And supply chains. Imagine the price if the US did not have all that oil that Trump talks about.
Data Centers Must Push Utilities for Guaranteed Price Cuts
This is the way. Data center builders should work with utilities and regulators to not just be neutral to electricity prices, but to guarantee price reductions for the region. There's substantial regulatory and cost-allocation work for that, tbh. It'd help...
Battery Costs Plunge 70% in Just Two Years
“They solve the problem:” Leading storage developer says battery costs have plunged 70 pct in two years #energysky -- via Renew Economy: https://t.co/D2Q0IVAvzc https://t.co/xDlddl7oAI
Solar Costs Fell 99.7% Over Five Decades
In 1975, a solar panel cost $106 per watt. Today it's under $0.30 per watt. That's a 99.7% cost decline. Unlike fossil fuels which fluctuate with geopolitics and markets... solar has delivered consistent, predictable cost reductions for five decades.
Australia’s Rooftop Solar Hits Record Amid Battery Boom
Rooftop solar surges to new high in Australia on back of battery boom #energysky -- via pv magazine global: https://t.co/gueC98cIIy https://t.co/ZGbsdgWtdT
Trump Unprepared for War‑Induced Fuel Shortages
My view on how prepared Trump is for fuel shortages & high gas & diesel prices: "Trump did not anticipate the fallout from the war. He is not prepared. If Trump had thought through the negative consequences from the war, he...
Iran Conflict Triggers Recession, Accelerates Renewable Shift
principal near term impact of ongoing iran war: global recession. bad for everyone. principal long term impact of ongoing iran war: end of opec, faster move away from oil & gas towards post-carbon renewables. good for everyone, especially china.
Measure PV Module Water Ingress Without Disconnecting
New technique measures water ingress in PV modules without disconnecting them #energysky -- via pv magazine global: https://t.co/StwQG43An9 https://t.co/6ujo8v3wOT
Oil Inventories Plummet, Looming Shortage Will Trigger Price Spike
The world is burning through oil inventories at the fastest pace on record. Since the US-Israeli war on Iran began, stockpiles have fallen by 4.8 million barrels per day, exceeding the peak COVID drawdown. Once inventories run dry, we will switch from...
WA Accelerates Grid Expansion Before Coal Phase‑out
Western Australia backs grid buildout ahead of coal exit #energysky -- via pv magazine global: https://t.co/T5gp0KPYGA https://t.co/7avLP7gy11
Stocks Ignore Oil Surge; Real Price Near Historic Average
Why are stocks seemingly ignoring higher crude oil? Maybe because adjusted for inflation it isn't anywhere near high levels? Going back 20 years, WTI has averaged about $98/barrel. It is currently $95/barrel. 🛢🛢🛢 https://t.co/FQOiHZ1It2
Hormuz Crisis Blocks Iraq's Regasification, Favors Iran, Hurts US
It is unfortunate that Iraq cannot get the regasification unit because of the Hormuz Crisis (One of the benefits for Iran, loss to the US)
Pakistan, Iran Negotiate Limited Qatari LNG Transit Through Hormuz
Bilateral Hormuz dealmaking continues parallel to any fuller peace deal negotiations: “Pakistan held talks with Iran to allow a limited number of Qatari liquefied natural gas cargoes to transit the Strait of Hormuz, as Qatar sent through its first shipment...
Fluorine Use in PV Backsheets Plummets Over 30 Years
Fluorine use in PV backsheets dropped sharply over past three Decades #energysky -- via pv magazine global: https://t.co/vjKR6xAMUK
Iran Blockade Lowers Oil Prices, Confirming Original Prediction
When I first started pushing for an Iran blockade, my main point was that the big rise in oil prices already priced the incremental disruption to supply, so the pros outweighed the cons. That's been borne out. Oil prices are...
Trump‑Xi Energy Deal Unlikely: China Won’t Depend on US
Unlike their 2020 phase one agreement, I am skeptical Chinese energy purchases will be a *meaningful* deliverable from Trump-Xi 2.0 for three reasons - Why would China increase its vulnerabilities, becoming dependent on a rival for energy - Trump can't commit to...
Spain's Power Prices Plummet as Renewables Dom
NEW ANALYSIS: What's going on in Spain? Spain's wholesale electricity price in early 2026: €44/MWh. Italy: €127. Germany: €96. UK: €103. Wind+solar deliver 44% of generation. Gas sets price in just 9% of hours, down from 55% in 2022. Full analysis: https://t.co/ZpDqJ4goY2 https://t.co/nVuNjum8tX
Israel Targets Iran Energy, Threatening $150 Oil Spike
🚨 IRAN CONFLICT EXPLODES Israel is now pushing to strike all of Iran’s energy infrastructure within the next 24 hours. Multiple Arab countries are backing the move. According to Israel, the US-Iran peace deal is dead. ...
Robots Automate Solar Installation, Accelerating Energy Expansion
One solar panel every 30 seconds. That’s where robotics starts becoming more than a demo. The interesting part is not the panel itself anymore. Solar hardware has become relatively cheap. The real bottleneck is installation: labor, wiring, mounting, and deployment speed. This is exactly...
EU Blocks Funding for High‑risk Inverters, Adds BESS
EU funding ban on high-risk inverters, including Chinese suppliers, extends to BESS #energysky -- via pv magazine global: https://t.co/lMsphzbIvW
Brent Slides 6% to $101, Monday Likely Flat
Brent futures price fell $6.88 (6%) from $108.17 to $101.29 week ending May 8 Downward or sideways price movement is likely on Monday based on 12-month spreads #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket https://t.co/mfF2wiV847
Current Oil Price Low, but Inventory Deficit Just Arrived
Why do so many think today's oil price is too low? $106 WTI is 88% of the Ukraine-war peak, yet comparative inventory just moved into deficit In 2022, the C.I. deficit was 150x larger when oil was $120 Just because people think prices...
Post‑Crisis Spotlight Shifts From Oil to Helium
When the Hormuz Crisis passes, nobody will be talking about oil and gas anymore. They’ll be talking about Helium
AI Data Centers' Power Mix Is Far More Complex
Everyone's asking: what actually powers AI data centers? The answer is more complicated — and more interesting — than "natural gas vs renewables." A 🧵 on what's really happening, and where it's going.
Falling Imports Reflect Export Collapse, Not Demand Destruction
falling imports isn't demand destruction, guys imports *have* to fall because exports have collapsed, going back to the discussion about the end of the "air pocket" then you draw down stocks, then prices rise, and then you destroy demand
Barakah Conducts Fuel Shuttle to Fujariah Anchorage
Barakah probably has been shuttling fuel out to the anchorage off Fujariah and conducting a ship-to-ship transfer.
IFC and Norfund Fund 315 Solar Hybrid Minigrids in Nigeria
IFC, Norfund back 315 solar hybrid minigrids in Nigeria #energysky -- via pv magazine global: https://t.co/miB2tQU4nZ
US Oil Reserves Near Depletion by July If Hormuz Closed
My take on the upcoming oil inventory shortages: "If the Strait of Hormuz remains effectively closed, the US will come close to depleting its inventories of oil by the end of July. When inventories run out, we will face a real...