Wednesday, 30 September 2026
Wednesday, 30 September 2026
- In brief
- 1EU countries say they have paid about $113 billion more for energy since the Iran war began and got no more fuel for it. The US wants them to release emergency diesel.
- 2Oil from the Gulf climbs back
- 3Saudi Arabia loads oil at Yanbu again
- 4Asia gets through the fuel crisis
- 5TotalEnergies hands more cash to its owners
- 6Electric lorries now cheaper than diesel
- 7Floods kill 56 in India and swamp Thailand
- 8Antarctic sea ice has its third-smallest winter peak
- 9Thirty countries pledge money to watch the oceans
- 10Metals in Maui fire survivors linked to weaker lungs
- 11Few US homes at flood risk have flood cover
- 12London's trees are dying in the heat
- 13A second judge restores Solar for All
- 14A lawsuit challenges a halt to rural solar grants
- 15Lawmakers ask regulators to block the AES sale
- 16A solar developer buys projects near data centres
- 17Energy Vault grows its battery plans
- 18Two Chinese carmakers join their charging arms
- 19A grid delay holds up a Welsh steel furnace
- 20Volkswagen's best-seller goes electric
- 21Arctic clouds may change in opposite ways
30 Sept · Climate · In brief
Climate · Wednesday, 30 September 2026
Climate, in brief
21 stories · 25 sources
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What is moving · 1 of 4
Oil taking the long way
Tankers now cross the Strait of Hormuz in night convoys guarded by the US, and hiring one for that trip cost $1 million a day on 11 September.
What is moving · 2 of 4
Diesel short in Europe
UK diesel hit a record 199.18p a litre on Monday.
What is moving · 3 of 4
Data centres buying up power
Exus, a US power developer, bought 715 megawatts of solar projects in Louisiana and Wisconsin to sell to data centres.
What is moving · 4 of 4
Courts checking US solar cuts
A second US judge ruled that the environment agency broke the law when it scrapped Solar for All, a $7 billion solar programme.
Part of the day's signal
One pressure seen across the day runs through Climate too.
21 stories
- 1EU countries say they have paid about $113 billion more for energy since the Iran war began and got no more fuel for it. The US wants them to release emergency diesel.
- 2Oil from the Gulf climbs back
- 3Saudi Arabia loads oil at Yanbu again
- 4Asia gets through the fuel crisis
- 5TotalEnergies hands more cash to its owners
11 sources
Climate, in brief
- 2White House urges EU to draw down diesel inventories, sources say
- 3UK diesel prices hit record highs due to impact of Iran war
- 5Gulf nations keep finding alternatives as Iran disrupts oil exports
- 6Saudi Arabia resumes Yanbu oil loading after pipeline restart
- 7How Asia Has Survived the Energy Crisis
- 9Iran-linked diesel price spike makes electric trucks cheaper than diesel in key EU markets, environmental group says
- 16Second federal judge overturns $7B Solar for All cancellation by Trump administration
- 17Lawsuit alleges USDA illegally slashed rural solar development program
- 18US lawmakers including Sen. Warren push energy regulators to reject acquisition of power company AES
- 19Exus acquires large US solar projects from ibV Energy in data center hot spots Louisiana and Wisconsin
- 20Amid acquisition, Energy Vault keeps close watch on Trump's bulk-power order, executive says
EU countries say they have paid about $113 billion more for energy since the Iran war began and got no more fuel for it. The US wants them to release emergency diesel.
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EU countries have spent more than 100 billion euros ($113.5 billion) extra on energy imports since the Iran war began, AP reported on Tuesday.
Who is involved
Dan Jorgensen
the EU's energy commissioner, who speaks for the bloc on energy; he says the extra money bought no extra fuel
Who is involved
Fatih Birol
head of the International Energy Agency, which organises emergency oil releases among its members; he warns Europe is exposed on diesel
Why it matters
Watch whether EU governments and the International Energy Agency agree to release more emergency diesel, and whether the US decides on its export ban: either would change what Europeans pay for diesel this winter.
What's really going on
Most of the Gulf's oil is moving again, but by longer and dearer routes, and Europe is paying the bill: EU countries say they have spent about $113.5 billion extra on energy since the war began and got no more fuel for it.
What's really going on
The US government is asking Europe to release emergency diesel to push world prices down.
What's really going on
It is also weighing a ban on selling US diesel abroad, and AP reports the US supplies about half of Europe's diesel.
Why it works on people
Blaming France and Germany for releasing too little of their stocks points US voters at other countries for the price of diesel, weeks before US elections in which fuel costs are a problem for the Republicans.
Who pays
Drivers and firms that run on diesel in Europe
Filling an average UK family car costs about 31 pounds more than before the war, and in some EU countries pump prices are up nearly 50%.
Nobody knows yet
Whether the US will ban diesel exports.
President Trump has backed a ban, but officials are also looking at voluntary limits from refiners, and the Trump administration says no final decision has been made.
Nobody knows yet
How much emergency oil EU countries have actually released.
The EU has not published the total its members have released since March, so the US complaint about France and Germany cannot be checked from outside.
Part of a signal
The Iran war keeping oil and diesel dear
Seen in 3 of the 12 beats
Also seen in World and Finance.
The whole signal →The short version
That's the story in short.
The whole story has 12 more parts.
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The whole story, in 12 parts ↓
Part 1 of 12 · Who else is involved
Chris Wright
the US energy secretary; he says several EU countries released only a fraction of the oil they pledged
Part 1 of 12 · Who else is involved
France and Germany
the two EU countries US officials say fell furthest short on releasing their stocks
Part 2 of 12
Dan Jorgensen, the EU's energy commissioner, told energy ministers meeting in Dublin that all that money had bought no extra gas or oil.
Part 3 of 12
Drivers in some European countries now pay nearly 50% more at the pump than before the war, the same as more than $11 a gallon.
Part 4 of 12
In the UK, diesel reached a record 199.18p a litre on Monday, and filling an average family car now costs almost 110 pounds, 31 pounds more than before the war.
Part 5 of 12
The UK buys nearly 55% of its diesel from abroad, and two of its six oil refineries closed last year.
Part 6 of 12
Fatih Birol, head of the International Energy Agency, said Europe is one of the regions most exposed to a diesel shortage as winter comes.
Part 7 of 12
The Trump administration has asked the EU to release some of its emergency diesel stocks to bring world prices down, two sources told Reuters.
Part 8 of 12
US officials say France and Germany released less than they promised in March, when about 30 countries agreed to release 400 million barrels of oil.
Part 9 of 12
President Trump has also backed a ban on US diesel exports, and diesel prices jumped last week after he said so.
Part 10 of 12
Jorgensen said the EU must weigh cheaper fuel now against keeping stocks for a worse emergency, and it has not decided.
Part 11 of 12
Jorgensen said the ministers would discuss moving faster from imported oil and gas to electricity made inside the EU.
Part 12 of 12
This winter Europe will also compete with Asian buyers for gas, which a Kpler analyst says could keep prices high until at least the end of the year.
6 sources
EU countries say they have paid about $113 billion more for energy since the Iran war began and got no more fuel for it. The US wants them to release emergency diesel.
- 1EU nations seek energy alternatives after spending over $113 billion extra since Iran war began
- 2White House urges EU to draw down diesel inventories, sources say
- 3UK diesel prices hit record highs due to impact of Iran war
- 4Mideast Oil Exports Rebound Even as Prices Remain Elevated
- 5Gulf nations keep finding alternatives as Iran disrupts oil exports
- 7How Asia Has Survived the Energy Crisis
The full story
EU countries say they have paid about $113 billion more for energy since the Iran war began and got no more fuel for it. The US wants them to release emergency diesel.
EU countries have spent more than 100 billion euros ($113.5 billion) extra on energy imports since the Iran war began, AP reported on Tuesday.
Dan Jorgensen, the EU's energy commissioner, told energy ministers meeting in Dublin that all that money had bought no extra gas or oil.
Drivers in some European countries now pay nearly 50% more at the pump than before the war, the same as more than $11 a gallon.
In the UK, diesel reached a record 199.18p a litre on Monday, and filling an average family car now costs almost 110 pounds, 31 pounds more than before the war.
The UK buys nearly 55% of its diesel from abroad, and two of its six oil refineries closed last year.
Fatih Birol, head of the International Energy Agency, said Europe is one of the regions most exposed to a diesel shortage as winter comes.
The Trump administration has asked the EU to release some of its emergency diesel stocks to bring world prices down, two sources told Reuters.
US officials say France and Germany released less than they promised in March, when about 30 countries agreed to release 400 million barrels of oil.
President Trump has also backed a ban on US diesel exports, and diesel prices jumped last week after he said so.
Jorgensen said the EU must weigh cheaper fuel now against keeping stocks for a worse emergency, and it has not decided.
Jorgensen said the ministers would discuss moving faster from imported oil and gas to electricity made inside the EU.
This winter Europe will also compete with Asian buyers for gas, which a Kpler analyst says could keep prices high until at least the end of the year.
Why it matters. Watch whether EU governments and the International Energy Agency agree to release more emergency diesel, and whether the US decides on its export ban: either would change what Europeans pay for diesel this winter.
Oil from the Gulf climbs back
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Oil leaving the Persian Gulf rose sharply in September, the New York Times reported on Tuesday.
Kpler, a firm that tracks tankers, counts about 10 million barrels a day through the Strait of Hormuz and 6 million by routes around it, against 19 million before the war.
Big tankers wait at least a day and a half in the Gulf of Oman for oil from ships that shuttle through the strait under US guard.
Hiring one for that trip cost $1 million a day on 11 September, against a usual $30,000 to $50,000.
Why it matters
At that rate, shipping was about a quarter of what the oil cost, against the usual 1% to 3%.
Why it matters
Rystad, an energy research firm, says new routes, oil from storage and lower demand together keep crude near $100 a barrel, not $140 to $150.
How it works
Why the long way round makes oil dearer
How it works
Gulf oil now leaves by longer routes that keep each tanker busy for more days, so fewer ships are free and hiring one costs far more.
How it works · step 1 of 5
Iran shuts the short route through Hormuz
How it works · step 2 of 5
Oil goes the long way: pipelines, guarded shuttles, detours through Egypt
How it works · step 3 of 5
Each trip takes longer, and ships wait to load
How it works · step 4 of 5
Tankers stay busy for longer, so fewer are free
How it works · step 5 of 5
Tanker hire soars, and the cost is added to each barrel
The twist
A longer route does not only burn more fuel: it keeps each tanker at sea for longer, so fewer ships are free and hiring one can cost twenty times the usual rate or more.
The picture
What it cost to hire a big oil tanker for one day, normally and for a trip through the Strait of Hormuz on 11 September. On that trip, shipping took about a quarter of what buyers paid for each barrel.
Seen the same day
Big tankers wait at least a day and a half in the Gulf of Oman to take on oil from the shuttles, so each ship makes fewer trips.
Seen the same day
The oil is piped across Saudi Arabia before a tanker can load it, and on another detour tankers queue offshore at Sidi Kerir in Egypt.
Seen the same day
Japan and South Korea replaced some Gulf crude with US crude, which has a far longer voyage to reach them.
The catch
Longer routes are only one reason oil is dear today.
The catch
Some Gulf oil is still missing, stored oil is being run down, and the counts of how much gets through disagree.
The whole
A tanker crew waiting off Oman, a refiner in Japan buying oil from the US and a driver paying 199p a litre in Britain are all inside this one change of route.
The whole
Each of them can see only their own part of it.
Who gains
Owners of big oil tankers
Demand for supertankers on the detours sent hire for a Hormuz run to $1 million a day, against a usual $30,000 to $50,000.
Nobody knows yet
How much Gulf oil is really getting out.
Kpler, as reported by the New York Times on Tuesday, counts about 10 million barrels a day through the strait and 6 million around it. A week earlier Rystad put it at 6 to 7 million through the strait and 2 million around it. Tankers are hard to track, the Times notes.
2 sources
Oil from the Gulf climbs back
The full story
Oil from the Gulf climbs back
Oil leaving the Persian Gulf rose sharply in September, the New York Times reported on Tuesday.
Why it matters. At that rate, shipping was about a quarter of what the oil cost, against the usual 1% to 3%.
Saudi Arabia loads oil at Yanbu again
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Saudi Arabia has started loading tankers again at Yanbu, its oil port on the Red Sea, according to traders and shipping data.
Yanbu is fed by the East-West pipeline, which carries oil across the country from the Gulf.
It now carries about 2 to 2.65 million barrels a day, far below its 7 million capacity, and Kpler says a full return could take another month.
On another detour, tankers still queue offshore at Sidi Kerir, a terminal in Egypt.
Why it matters
Oil from Yanbu reaches buyers without passing through Hormuz.
How it works
The oil is piped across Saudi Arabia before a tanker can load it, and on another detour tankers queue offshore at Sidi Kerir in Egypt.
The idea, in story 2: Why the long way round makes oil dearer →Good news
Saudi Arabia is loading about 2 million barrels of oil a day at its Red Sea port of Yanbu again, less than three weeks after drones shut the pipeline that feeds it.
2 sources
Saudi Arabia loads oil at Yanbu again
The full story
Saudi Arabia loads oil at Yanbu again
Saudi Arabia has started loading tankers again at Yanbu, its oil port on the Red Sea, according to traders and shipping data.
Why it matters. Oil from Yanbu reaches buyers without passing through Hormuz.
Asia gets through the fuel crisis
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Most Asian countries have found replacements for the Gulf oil and gas they lost, a Kpler analyst told the New York Times.
China drew on its large oil reserves, imported about a third less oil in July and August, and was helped by its growing number of electric cars.
Japan and South Korea bought more crude from the US, and US oil shipments to Asia rose to 2.3 million barrels a day in July.
In Pakistan and Bangladesh, high gas prices forced rationing and rolling blackouts.
Why it matters
Asian buyers of gas for quick delivery now pay more than double what they paid a year ago.
How it works
Japan and South Korea replaced some Gulf crude with US crude, which has a far longer voyage to reach them.
The idea, in story 2: Why the long way round makes oil dearer →Who gains
US oil and gas sellers
Asian buyers replaced lost Gulf supply with US cargoes, and US oil shipments to Asia rose to 2.3 million barrels a day in July, from 1.5 million a year earlier.
Who pays
Households in Pakistan and Bangladesh
Their countries struggled to replace Gulf gas, and high prices forced rationing and rolling blackouts.
The full story
Asia gets through the fuel crisis
Most Asian countries have found replacements for the Gulf oil and gas they lost, a Kpler analyst told the New York Times.
Why it matters. Asian buyers of gas for quick delivery now pay more than double what they paid a year ago.
TotalEnergies hands more cash to its owners
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TotalEnergies, the French oil and gas company, will spend $2.5 billion in the last three months of the year buying back its own shares, which hands cash to its owners.
That is up from $1.5 billion in recent quarters.
Its profits are up this year on higher oil prices, strong trading and bigger refining margins, with second-quarter earnings the highest in nearly three years.
It plans to invest $14 billion to $17 billion a year from 2027 to 2032, slightly less than it planned last year.
Why it matters
The war's higher fuel prices have cost EU countries about $113.5 billion extra.
Who gains
TotalEnergies' shareholders
High oil prices and refining margins lifted profits, and the company raised its share buybacks for October to December from $1.5 billion to $2.5 billion.
2 sources
TotalEnergies hands more cash to its owners
The full story
TotalEnergies hands more cash to its owners
TotalEnergies, the French oil and gas company, will spend $2.5 billion in the last three months of the year buying back its own shares, which hands cash to its owners.
Why it matters. The war's higher fuel prices have cost EU countries about $113.5 billion extra.
Electric lorries now cheaper than diesel
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Electric lorries bought in 2026 are now cheaper to own and run over five years than diesel ones in six EU countries, the Brussels campaign group Transport & Environment found on Monday.
The six, including Germany and the Netherlands, make up 46% of the EU's heavy-truck registrations.
Owners win back the higher price of an electric lorry in about two years, and save up to 100,000 euros in the Netherlands, 85,000 in Germany and 69,000 in Denmark.
Why it matters
It also lands on Europe's lorry makers.
Who gains
Electric lorry makers, Chinese ones most of all
Dear diesel made electric lorries cheaper to run in six EU countries, and a Chinese model costs about 210,000 euros against 265,000 for a European one.
Good news
Electric lorries bought this year now cost less to own and run than diesel ones in six EU countries, which together make up 46% of the EU's heavy-truck registrations.
1 source
Electric lorries now cheaper than diesel
The full story
Electric lorries now cheaper than diesel
Electric lorries bought in 2026 are now cheaper to own and run over five years than diesel ones in six EU countries, the Brussels campaign group Transport & Environment found on Monday.
Why it matters. It also lands on Europe's lorry makers.
Floods kill 56 in India and swamp Thailand
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Floods and storms have killed 56 people in India, Reuters reported on Tuesday.
In Thailand, floods since 16 September have hit 41 provinces, killed at least eight people and disrupted more than 580,000 homes.
In western Nepal, a government building in Baglung fell into a river on Sunday, and nobody was hurt.
Why it matters
Thailand's floods could cost at least 11 billion baht, about $327 million, a Rangsit University economist estimates.
Who pays
Families in Thailand's flooded provinces
More than 580,000 homes were disrupted, and damage could reach at least 11 billion baht.
Nobody knows yet
How many people Nepal's latest floods have killed.
Reuters reported 14 dead and 11 missing on Tuesday. The BBC, citing Nepal's disaster agency, put deaths from floods and landslides over recent days at 27 or more.
2 sources
Floods kill 56 in India and swamp Thailand
The full story
Floods kill 56 in India and swamp Thailand
Floods and storms have killed 56 people in India, Reuters reported on Tuesday.
Why it matters. Thailand's floods could cost at least 11 billion baht, about $327 million, a Rangsit University economist estimates.
Antarctic sea ice has its third-smallest winter peak
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Sea ice around Antarctica reached its third-smallest winter peak in 48 years of satellite records, provisional data from the US National Snow and Ice Data Center show.
A scientist told Carbon Brief, a climate news site, that it is concerning to see such low values continue.
Scientists say they need more time to tell whether this is a lasting change.
Why it matters
At the other end of the planet, Arctic sea ice tied for its 10th-smallest summer low on 12 September, NASA says.
Nobody knows yet
Whether Antarctic sea ice has shifted for good.
The winter peak data are provisional, and scientists say they need more years to tell a lasting change from a run of low ones.
2 sources
Antarctic sea ice has its third-smallest winter peak
The full story
Antarctic sea ice has its third-smallest winter peak
Sea ice around Antarctica reached its third-smallest winter peak in 48 years of satellite records, provisional data from the US National Snow and Ice Data Center show.
Why it matters. At the other end of the planet, Arctic sea ice tied for its 10th-smallest summer low on 12 September, NASA says.
Thirty countries pledge money to watch the oceans
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Thirty countries pledged 211 million euros at the UN General Assembly last week to OceanEye, an EU-led system for watching the world's oceans, Carbon Brief reports.
Canada, Costa Rica, South Korea and the UK are among them.
The money supports the Global Ocean Observing System, the largest network of ocean sensors, and aims to fill gaps in the southern hemisphere, the Arctic and the deep sea.
Why it matters
Ocean data feeds weather forecasts and climate predictions.
Good news
Thirty countries pledged 211 million euros at the UN last week to OceanEye, an EU-led system for keeping watch on the world's oceans.
1 source
Thirty countries pledge money to watch the oceans
The full story
Thirty countries pledge money to watch the oceans
Thirty countries pledged 211 million euros at the UN General Assembly last week to OceanEye, an EU-led system for watching the world's oceans, Carbon Brief reports.
Why it matters. Ocean data feeds weather forecasts and climate predictions.
Metals in Maui fire survivors linked to weaker lungs
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Metals in the bodies of people who lived through the 2023 Maui wildfires are linked to weaker lungs, a University of Hawaii study published on Monday finds.
The fires killed at least 102 people and razed the town of Lahaina.
Tests on 1,400 residents found 40 times the reference level of antimony and more than twice that of manganese, barium and arsenic.
The worst lung readings came from Lahaina and Kula, the places hit hardest.
Why it matters
The researchers cannot yet prove the metals came from the fires.
Nobody knows yet
Whether the metals in Maui survivors came from the fires.
The researchers say they cannot pinpoint the source, and some of the exposure may be older than the fires.
1 source
Metals in Maui fire survivors linked to weaker lungs
The full story
Metals in Maui fire survivors linked to weaker lungs
Metals in the bodies of people who lived through the 2023 Maui wildfires are linked to weaker lungs, a University of Hawaii study published on Monday finds.
Why it matters. The researchers cannot yet prove the metals came from the fires.
Few US homes at flood risk have flood cover
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Just 2.4% of US properties are covered by federal flood insurance, but 8.4% are at severe or extreme flood risk, an Associated Press analysis found.
Ordinary home insurance does not cover floods, and the federal flood insurance scheme dates from 1968.
In the part of eastern Kentucky flooded in 2022, only about 2.1% of properties are insured, while about 47% face severe or extreme risk.
Why it matters
A typical policy now costs $1,100 a year, up about 90% in five years, as prices were set closer to each home's real risk.
Why it matters
The least insured places tend to be poorer.
Who pays
People in the poorest flood-prone parts of the US
Few of them are insured, and a typical flood policy now costs $1,100 a year, up about 90% in five years.
1 source
Few US homes at flood risk have flood cover
The full story
Few US homes at flood risk have flood cover
Just 2.4% of US properties are covered by federal flood insurance, but 8.4% are at severe or extreme flood risk, an Associated Press analysis found.
Why it matters. A typical policy now costs $1,100 a year, up about 90% in five years, as prices were set closer to each home's real risk.
London's trees are dying in the heat
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At least 400 trees at London's Kew Gardens will have died this summer, its tree curator Kevin Martin estimates, as many as in the record year of 2022.
Half the young trees the charity Trees for Cities planted in London in the past year died this summer.
South-east England is moving towards a semi-arid climate, with hotter summers and no more rain, Martin says.
Why it matters
5 of 10
young trees that died
London's trees cool the city by up to 5C on hot days.
Why it matters
A 2025 study by Martin's team found 73% of London's public trees would struggle by 2090 if emissions stay high.
1 source
London's trees are dying in the heat
The full story
London's trees are dying in the heat
At least 400 trees at London's Kew Gardens will have died this summer, its tree curator Kevin Martin estimates, as many as in the record year of 2022.
5 of 10
young trees that died
Why it matters. London's trees cool the city by up to 5C on hot days.
A second judge restores Solar for All
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A second US federal judge has ruled that the Environmental Protection Agency broke the law when it scrapped Solar for All, a $7 billion programme to help low-income households get solar power.
Judge Tanya Chutkan ruled on 22 September in a case brought by Harris County, Texas, home to Houston.
A Rhode Island court ruled against the cancellation days earlier, and the agency says it is considering an appeal.
Why it matters
Harris County says the money pays for solar-powered community hubs to use when the Texas power grid fails.
Nobody knows yet
Whether Solar for All money will actually flow again.
The Environmental Protection Agency is reviewing both rulings and considering an appeal.
Good news
Two US judges have now ruled that the Environmental Protection Agency broke the law when it scrapped Solar for All, a $7 billion programme to help low-income households get solar power, and the second ruling covers every grant in it.
1 source
A second judge restores Solar for All
The full story
A second judge restores Solar for All
A second US federal judge has ruled that the Environmental Protection Agency broke the law when it scrapped Solar for All, a $7 billion programme to help low-income households get solar power.
Why it matters. Harris County says the money pays for solar-powered community hubs to use when the Texas power grid fails.
A lawsuit challenges a halt to rural solar grants
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Two environmental legal groups and a solar installer sued the US Department of Agriculture on Monday for stopping solar grants under its Rural Energy for America Program.
The programme, created in 2002, sent nearly 70% of its awards to solar projects from 2011 to early 2025.
The lawsuit cites an internal email in which an official, asked to back up the department's claims about solar, wrote that the press office should find the reasoning behind the statistics.
Why it matters
Farmers who built solar after being told they qualified now face losses, the plaintiffs say.
Who pays
Rural businesses that built solar expecting US farm grants
The farm department stopped paying out and told selected applicants to reapply under new rules, the lawsuit says.
1 source
A lawsuit challenges a halt to rural solar grants
The full story
A lawsuit challenges a halt to rural solar grants
Two environmental legal groups and a solar installer sued the US Department of Agriculture on Monday for stopping solar grants under its Rural Energy for America Program.
Why it matters. Farmers who built solar after being told they qualified now face losses, the plaintiffs say.
Lawmakers ask regulators to block the AES sale
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A group of US lawmakers including Senator Elizabeth Warren asked the Federal Energy Regulatory Commission, which oversees US power grids, to reject the sale of AES, a big power company, Reuters reported on Tuesday.
Global Infrastructure Partners, owned by the investment firm BlackRock, and partners including EQT agreed in March to buy AES for about $33.4 billion including debt.
The letter says the deal could push up electricity bills.
Why it matters
Record US electricity demand, driven largely by data centres, has set off a wave of deals for power companies.
Nobody knows yet
What the $33.4 billion sale of AES would do to power bills.
The lawmakers say bills could rise, but the Federal Energy Regulatory Commission has not ruled, and the letter, as Reuters reports it, gives no figure for how much.
1 source
Lawmakers ask regulators to block the AES sale
The full story
Lawmakers ask regulators to block the AES sale
A group of US lawmakers including Senator Elizabeth Warren asked the Federal Energy Regulatory Commission, which oversees US power grids, to reject the sale of AES, a big power company, Reuters reported on Tuesday.
Why it matters. Record US electricity demand, driven largely by data centres, has set off a wave of deals for power companies.
A solar developer buys projects near data centres
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Exus Renewables North America, a power developer based in Pittsburgh, has bought four large solar projects in Louisiana and Wisconsin from ibV Energy Partners, Reuters reported on Tuesday.
Together they add up to about 715 megawatts, enough for more than half a million homes, and nearly double Exus's portfolio.
Both states are fast-growing places for data centres, and Exus is in talks to sell the power to them.
Why it matters
Projects that already have a grid connection now sell at a premium.
Who gains
Solar projects that already have a grid connection
Data centres need power quickly, so ready-to-build projects like the 715 megawatts Exus bought now sell at a premium.
1 source
A solar developer buys projects near data centres
The full story
A solar developer buys projects near data centres
Exus Renewables North America, a power developer based in Pittsburgh, has bought four large solar projects in Louisiana and Wisconsin from ibV Energy Partners, Reuters reported on Tuesday.
Why it matters. Projects that already have a grid connection now sell at a premium.
Energy Vault grows its battery plans
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Energy Vault, a US energy storage company, is buying a 2.3-gigawatt pipeline of battery projects from Goshe Energy Storage, including 350 megawatts ready to build that could come online in early 2028.
It told Utility Dive it is checking each project against President Trump's order limiting foreign-made parts in the power grid.
It also has a deal for up to 1.5 gigawatt-hours of US-made sodium-ion batteries, which use sodium instead of lithium.
Why it matters
Its sales chief said a battery can store power but cannot add power lines.
1 source
Energy Vault grows its battery plans
The full story
Energy Vault grows its battery plans
Energy Vault, a US energy storage company, is buying a 2.3-gigawatt pipeline of battery projects from Goshe Energy Storage, including 350 megawatts ready to build that could come online in early 2028.
Why it matters. Its sales chief said a battery can store power but cannot add power lines.
Two Chinese carmakers join their charging arms
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Nio and Geely, two of China's leading electric carmakers, said on Monday they will combine their battery-charging and battery-swapping businesses.
Nio will also buy a 10% stake in another part of Geely.
China has enough car factories to build every car sold in China plus everything the US and Europe make.
Why it matters
Car sales in China fell 20.8% in the first eight months of the year.
Why it matters
Makers are merging and exporting more, and China's car exports are expected to reach at least 10 million this year.
1 source
Two Chinese carmakers join their charging arms
The full story
Two Chinese carmakers join their charging arms
Nio and Geely, two of China's leading electric carmakers, said on Monday they will combine their battery-charging and battery-swapping businesses.
Why it matters. Car sales in China fell 20.8% in the first eight months of the year.
A grid delay holds up a Welsh steel furnace
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Tata Steel is in talks with the UK government after reports that its new 1.25 billion pound electric steel furnace at Port Talbot, in Wales, may not start until late 2028.
The hold-up is the connection to the national grid, Wales Secretary Stephen Kinnock said this week.
Why it matters
Tata is reported to be seeking compensation for the delay.
1 source
A grid delay holds up a Welsh steel furnace
The full story
A grid delay holds up a Welsh steel furnace
Tata Steel is in talks with the UK government after reports that its new 1.25 billion pound electric steel furnace at Port Talbot, in Wales, may not start until late 2028.
Why it matters. Tata is reported to be seeking compensation for the delay.
Volkswagen's best-seller goes electric
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Volkswagen will sell an electric Tiguan, its best-selling car, from early 2027, starting in Europe, replacing its ID.4 and ID.5 electric models.
More than 950,000 ID.4s and ID.5s have been sold since 2021.
In the past year Volkswagen delivered over a million Tiguan and Tayron cars worldwide, all with petrol, diesel or plug-in hybrid engines.
The electric car is due to be shown in early October.
Why it matters
Buyers will be able to choose the same car with or without a fuel tank.
2 sources
Volkswagen's best-seller goes electric
The full story
Volkswagen's best-seller goes electric
Volkswagen will sell an electric Tiguan, its best-selling car, from early 2027, starting in Europe, replacing its ID.4 and ID.5 electric models.
Why it matters. Buyers will be able to choose the same car with or without a fuel tank.
Arctic clouds may change in opposite ways
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Tiny particles that form in Arctic air and help clouds make droplets could rise 3% to 16% over the high Arctic by 2090-2100, a study in Nature Geoscience estimates.
Over the Arctic's seas they could fall 15% to 31%.
The authors used field measurements from across the Arctic from 2003 to 2024, plus satellite data, and found three regions that behave differently.
Why it matters
Clouds can warm or cool the Arctic, depending on their height and the season.
1 source
Arctic clouds may change in opposite ways
The full story
Arctic clouds may change in opposite ways
Tiny particles that form in Arctic air and help clouds make droplets could rise 3% to 16% over the high Arctic by 2090-2100, a study in Nature Geoscience estimates.
Why it matters. Clouds can warm or cool the Arctic, depending on their height and the season.
That's the whole Climate day.
21 stories, 25 sources.