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Energy News — Page 147
Iran Conflict Costs Shipping €340M Daily
T&E analysis shows the shipping industry is paying an extra €340 million per day in fuel costs due to the Gulf conflict, with total additional costs since February 28 surpassing €4.6 billion.
Hormuz Crisis Costs Shipping €340M a Day
The ongoing Strait of Hormuz crisis is costing the shipping industry €340 million per day, according to T&E, which is urging European policymakers to accelerate decarbonization through electrification
Hyundai, Kia, Chevy Offer Up to $10,000 Off EVs Through April 30
Hyundai, Kia, Chevy, and Toyota are offering up to $10,000 off popular EVs through April 30, 2026, stepping in to fill the gap left by the expired $7,500 federal tax credit as gas prices near $4/gallo
Octopus Energy reports 54% solar sales surge
UK households are rapidly adopting solar panels, heat pumps and EV chargers as Octopus Energy reports record demand in March amid soaring fossil‑fuel prices linked to the US‑Israel‑Iran conflict.
Combat Drones Pivot to Green Hydrogen Fuel Cells
Green hydrogen fuel cells are emerging as a power source for combat drones and ground robots, with companies including Heven AeroTech, Sesame Solar, and First Hydrogen developing mobile refueling syst
Amazon Sale Slashes Anker eufy 50% & Bluetti Power 58%
On day three of Amazon’s Big Spring Sale, Anker eufy security gear and Bluetti power stations see deep discounts of up to 50% and 58% respectively, with exclusive codes further lowering prices.
US Rig Count Drops to 543 as Oil Prices Surge Above $98
U.S. active drilling rigs fell to 543, a 49‑rig drop from a year ago, while oil prices climbed above $98 per barrel amid Middle East tensions and stalled tanker traffic in the Strait of Hormuz.
Nissan recalls 171 new LEAF EVs in Japan over battery fire risk
Nissan recalled 171 new LEAF EVs in Japan over improperly manufactured battery electrode plates that could short-circuit and cause fires, months after the model's October 2025 relaunch.
Debunking North Sea myths amid UK oil revival push
While Carbon Brief's DeBriefed aims to debunk North Sea myths and highlight India's climate plan alongside IPCC and Indigenous knowledge, OilPrice.com reveals a contrasting push from UK oil producers
New EV sales plunge 28% as used EVs surge 12%
The expiration of the $7,500 federal EV tax credit has triggered a 28% plunge in new electric‑vehicle sales in Q1 2026, while used EVs enjoy a 12% surge and near‑price parity with gasoline cars.
Canadian Homeowner Hits 27 kW After 51 cm Snow
A Canadian homeowner in a fog‑laden, flat‑roof, 130‑year‑old house reported that after a 51 cm snowstorm his 8.1 kW solar array produced 27 kW within a day, delivering 23 % of annual electricity needs
India 2035 Pledge: 47% Intensity Cut, 60% Non-Fossil
India has submitted its delayed 2035 Paris Agreement pledge, committing to a 47% reduction in emissions intensity of GDP from 2005 levels and 60% non-fossil electricity capacity — targets analysts say
Inland Rail installs solar‑powered level crossings
Inland Rail has fitted two northern New South Wales level crossings with standalone solar power systems, enabling grid‑free operation, remote monitoring and enhanced safety as the 1,600‑km freight cor
EU Wind and Solar Beat Fossil Fuels in 2025, Boosting Tidal Energy
Europe's wind and solar generation surpassed fossil fuels in 2025, spotlighting marine energy as a predictable renewable source to balance grid intermittency, with tidal projects in the UK and France
Low Carbon Hub seeks £500k for UK’s first solar battery
Low Carbon Hub is raising £500,000 to add a 12 MWh battery to its Ray Valley Solar park, aiming to become the UK’s first community‑owned co‑located solar‑battery project.
Panasonic unveils propane Aqua‑G EVO heat pump
Panasonic has introduced the Aqua‑G EVO propane heat‑pump series, a low‑GWP boiler replacement designed for commercial, light‑industrial and multi‑residential buildings, promising efficiency even in s
New Jersey Awards 355 MW in Battery Storage Incentives
New Jersey's utility board awarded its largest battery storage incentives to date — 355 MW across three projects — betting that fast-to-deploy batteries can stabilize soaring electricity prices as sol
UK Cuts Climate Finance to £6bn, 50% Drop in Real Terms
The UK has slashed its climate‑finance pledge to developing nations to roughly £6bn over three years, a cut that, after accounting for inflation and removed “creative accounting,” is about half the pr
California's $7 Gas Spurs Trump Pipeline Reopening
California's two-decade shift away from fossil fuels has left the state importing two-thirds of its crude oil and paying $7/gallon amid the Iran war, while the Trump administration pushes to reopen sh
Farage Eyes Net Zero as 'Next Brexit' Dividing Line
A coalition of Reform UK, the Conservative Party, business interests, and right-wing media is attacking the UK's 2050 net zero target using the Iran war-driven oil crisis as leverage — despite polls s
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