Headline News:
- “Introducing Ford Energy” • Ford Energy, a wholly owned subsidiary of Ford Motor Company, will provide US-assembled battery systems for utilities, data centers, and large customers in the US. With a century of manufacturing expertise, Ford Energy plans to deploy at least 20 GWh annually, with first deliveries planned for late 2027. [CleanTechnica]
Ford Energy (Ford image)
- “The Race To Unlock ‘Superhot’ Geothermal Energy Is Heating Up” • The IEA highlighted superhot geothermal in its “State of Energy Innovation” report, calling it “clean, firm power” capable of helping support the transition away from fossil fuels. While a geothermal project is breaking ground in Oregon, it is already the source of 30% of Iceland’s electricity. [Euronews]
- “Asia Braces For A Second Wave Of Energy Shocks From The Iran War” • When the war started, governments scrambled to adapt to the closure of the Strait of Hormuz. They made difficult trade-offs: saving power at the risk of slowing businesses, saving gas at the risk of fertilizer production. But such measures were based on the war ending quickly. [ABC News]
- “SMRs Aren’t Losing On Technology. They’re Losing On Economics” • Small Modular Reactors are still unlikely to drive the energy transition because renewables, batteries, and grid flexibility attract far more investment, scale faster, and generate quicker returns. Wind, solar, storage, and transmission upgrades are already delivering on investments. [OilPrice.com]
- “Trump Is Floating A Gas Tax Holiday Amid Rising Fuel Costs. What Does That Mean?” • As the nationwide price of gasoline soars, President Trump told reporters he’d like to suspend the national gas tax temporarily. Though it would help keep costs down, estimates are that that suspending the tax would cost the fund billions over a period of months. [ABC News]
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