Grideval Events

Crude oil prices are poised for further increases and the trending trajectory is higher, as global inventory drawdowns have accelerated and China is back to buying significantly higher crude oil volumes than in the spring, Energy Aspects founder and market intelligence director, Amrita Sen, told CNBC on Friday. The intensified shipping risks in the Middle East with tanker attacks in the Strait of Hormuz and the Houthi threat in the Red Sea are hampering crude oil supply to Asian refiners. If Hormuz cancellations and delays persist, the only option…

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Rebaba, a Swedish company that develops second-life battery energy storage systems using repurposed EV batteries, has raised…

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The U.S. added 4.7 GW/17.2 GWh of utility-scale battery energy storage systems (BESS) in the second quarter (Q2) of 2026, taking the cumulative operational capacity past the 50 GW milestone, according to the American Clean Power Association (ACP).

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India added 8.2 GWh of battery energy storage capacity in the first half (1H) of 2026, nearly 84 times the 98.4 MWh installed during the same period last year, according to Mercom India Research’s newly released Q2 and 1H 2026 India’s Energy Storage Landscape Report.

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Swedish multinational power company Vattenfall has taken a final investment decision (FID) to proceed with a 254MW/1,000MWh battery storage project in Germany.

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October WTI crude oil futures are trading at $101.26 early Friday, up $10.04 or 11.01% for the week so far. The contract traded as low as $90.87 before reaching $104.46, its strongest level since May. Last week, the market was testing whether escorted cargoes and alternate routes could keep enough Gulf oil moving to reduce the war premium. This week, tanker attacks increased around the Strait of Hormuz, Saudi energy facilities came under attack, and the supply threat spread toward the Red Sea. WTI did not break $100 because every Middle East barrel…

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Tavion, a company that develops, owns, and operates large-scale battery storage projects across Europe, has raised…

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Greek renewables developer Metlen Energy & Metals has signed an agreement with utility Copec for the sale of the Tamarico II solar-plus-storage project in Chile’s Atacama region.

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Hyderabad-based integrated solar cell and module manufacturer Premier Energies and RCT India, part of Germany’s RCT Group, have entered into a binding term sheet to form a joint venture to establish a 12 GWh battery energy storage manufacturing facility in Telangana.

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Ship traffic through the Strait of Hormuz slumped to single digits on Thursday, down from a 10-day average of 15 vessels that transited the chokepoint in both directions, Reuters reports, citing preliminary vessel-tracking data by Kpler as of early Friday. Only seven vessels, two outbound and five inbound, transited the Strait of Hormuz over the past 24 hours, per the data, which tracks only ships with positioning systems switched on. Dark transits are believed to be much higher as vessel operators and commodity buyers prefer to switch off their…

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The Delhi Electricity Regulatory Commission (DERC) has approved a levelized tariff for BSES Rajdhani Power’s (BRPL) proposed 12.5 MW/25 MWh battery energy storage system (BESS) at the 33/11 kV Shivalik grid substation.

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Listen to this article The Gulbarga Electricity Supply Company (GESCOM) has invited bids to set up 60.3 MW of grid-connected distributed solar projects to solarize agricultural feeders under

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David Bosco, SVP Commercial and Strategy at PROPWR talks to DCD's Zoe Turner about how US data centers are turning to behind-the-meter power as grid constraints intensify

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Utility and power firms Axpo and energieUri have commissioned two large-scale battery energy storage system (BESS) projects in Gurtnellen, Canton Uri.

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See more from Canary Media’s ​“Chart of the Week” column . Batteries are taking center stage in the energy world. Battery deployment, both to power electric vehicles and to store electricity for the grid, has skyrocketed in recent years. Last year, more than 1.5 terawatt-hours of batteries were placed into service…

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Benzin und Diesel bleiben teuer. Iran, China und Ukraine verschärfen den Ölmarkt – und an deutschen Tankstellen droht weiterer Preisdruck.

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The power supply system includes a 400/220 kV substation

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The World Nuclear Outlook Report outlines a record year for nuclear energy generation in 2025, highlights where that growth is coming from, assesses the progress towards ambitious future capacity goals, and also makes policy recommendations to help achieve them. Its author, Jonathan Cobb, joined the World Nuclear News podcast to discuss its findings in depth.

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Supertanker rates on the Baltic Exchange's benchmark Middle East-to-China shipping route have surged to a staggering $800,000 a day. With US forces having destroyed five Iranian-linked tankers and Tehran threatening further escalation in recent days, prospects for near-term stabilization remain limited. The freight surge signals that crude oil and refined products continue to flow but are becoming increasingly costly to transport out of the Gulf region to global markets. According to Bloomberg, US Gulf-to-Asia shipments on very large crude carriers…

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