https://tei-energy.org/ Research and analysis on energy markets, policy and the economics of the energy transition. en Tue, 27 Oct 2026 12:00:00 +0000 https://tei-energy.org/articles/2026-10-25-eskom-eaf-68-percent-ocgt-diesel-surplus https://tei-energy.org/articles/2026-10-25-eskom-eaf-68-percent-ocgt-diesel-surplus Sun, 25 Oct 2026 12:00:00 +0000 Africa Eskom's year-to-date energy availability factor reached 68.2% by 15 October, up 5.57 points. Unplanned outages in the latest week were 2,939 MW lower than a year earlier, and OCGT output has fallen... https://tei-energy.org/news/2026-10-25-eskom-unplanned-outages-down-2939-mw https://tei-energy.org/news/2026-10-25-eskom-unplanned-outages-down-2939-mw Sun, 25 Oct 2026 12:00:00 +0000 Africa Eskom's year-to-date energy availability factor reached 68.2% by 15 October. In the latest week unplanned outages averaged 7,707 MW, 2,939 MW below a year earlier. https://tei-energy.org/news/2026-10-25-ercot-generation-queue-454-gw-batteries-gas https://tei-energy.org/news/2026-10-25-ercot-generation-queue-454-gw-batteries-gas Sun, 25 Oct 2026 12:00:00 +0000 United States ERCOT was tracking 1,874 active generation interconnection requests totalling 453,782 MW at the end of September. Batteries are 162,580 MW, and the battery energy figure implies an average duration... https://tei-energy.org/articles/2026-10-24-cma-upholds-ofgem-cmp344-offshore-iae-costs https://tei-energy.org/articles/2026-10-24-cma-upholds-ofgem-cmp344-offshore-iae-costs Sat, 24 Oct 2026 12:00:00 +0000 Europe The CMA has confirmed Ofgem's rejection of CMP344, which would have moved approved offshore transmission repair costs from generators to consumers. On GEMA's own figures the effect on a CfD strike... https://tei-energy.org/news/2026-10-24-cma-dismisses-rwe-appeal-cmp344 https://tei-energy.org/news/2026-10-24-cma-dismisses-rwe-appeal-cmp344 Sat, 24 Oct 2026 12:00:00 +0000 Europe The CMA confirmed Ofgem's rejection of CMP344, leaving approved offshore transmission repair costs with the connected generator rather than consumers. https://tei-energy.org/news/2026-10-24-turkey-emra-storage-collateral-distribution-rules https://tei-energy.org/news/2026-10-24-turkey-emra-storage-collateral-distribution-rules Sat, 24 Oct 2026 12:00:00 +0000 Other markets EMRA amended five electricity market regulations in the 19 October Official Gazette. Consumer storage above contracted power must not export, and good payers' collateral is capped at one times the... https://tei-energy.org/articles/2026-10-23-india-september-hydro-shortfall-coal-stock-cover https://tei-energy.org/articles/2026-10-23-india-september-hydro-shortfall-coal-stock-cover Fri, 23 Oct 2026 12:00:00 +0000 India September consumption rose 11% to 162 BU while hydro output fell 16%. Thermal generation of 118 BU drew plant coal stocks down to 19 Mt, which by our estimate is roughly seven to eight days of burn... https://tei-energy.org/news/2026-10-23-india-coal-stocks-19-mt-hydro-slump https://tei-energy.org/news/2026-10-23-india-coal-stocks-19-mt-hydro-slump Fri, 23 Oct 2026 12:00:00 +0000 India Power plant coal stocks were 19 Mt at the end of September, down from 47 Mt a year earlier, as thermal plants covered a 16% fall in hydro output and an 11% rise in consumption. https://tei-energy.org/news/2026-10-23-rabigh-2-epc-signed-2-3-gw-combined-cycle https://tei-energy.org/news/2026-10-23-rabigh-2-epc-signed-2-3-gw-combined-cycle Fri, 23 Oct 2026 12:00:00 +0000 Middle East A JV of Elsewedy Electric and Sinohydro has signed the EPC contract for the 2,313.5 MW Rabigh 2 IPP expansion in Saudi Arabia, targeting commercial operation in May 2029. The contract value works out... https://tei-energy.org/articles/2026-10-22-ferc-iso-ne-asset-condition-reviewer-thresholds https://tei-energy.org/articles/2026-10-22-ferc-iso-ne-asset-condition-reviewer-thresholds Thu, 22 Oct 2026 12:00:00 +0000 United States FERC accepted ISO-NE's Asset Condition Reviewer on 16 October, effective 1 January 2027. New England owners expect about $5 billion of asset condition spending through 2034, and $1.3 billion of it... https://tei-energy.org/news/2026-10-22-ferc-accepts-iso-ne-asset-condition-reviewer https://tei-energy.org/news/2026-10-22-ferc-accepts-iso-ne-asset-condition-reviewer Thu, 22 Oct 2026 12:00:00 +0000 United States FERC accepted ISO New England's Asset Condition Reviewer role on 16 October, effective 1 January 2027. The review is advisory and applies to projects of $25 million or more. https://tei-energy.org/news/2026-10-22-nepra-trims-august-fca-rs1-11 https://tei-energy.org/news/2026-10-22-nepra-trims-august-fca-rs1-11 Thu, 22 Oct 2026 12:00:00 +0000 Global NEPRA notified a fuel charges adjustment of Rs1.1086/kWh for August 2026, against Rs1.7267 claimed by CPPA-G. It applies to October bills for XWDISCO and K-Electric consumers. https://tei-energy.org/articles/2026-10-21-cppa-g-2027-power-purchase-price-capacity-charges https://tei-energy.org/articles/2026-10-21-cppa-g-2027-power-purchase-price-capacity-charges Wed, 21 Oct 2026 12:00:00 +0000 Global CPPA-G's base case puts the 2027 power purchase price at Rs27.309/kWh, with capacity charges at 53.9% of the Rs3.552 trillion bill. Its own demand-sensitivity case shows that each kWh of lost sales... https://tei-energy.org/news/2026-10-21-nepra-hearing-cppa-2027-power-purchase-price https://tei-energy.org/news/2026-10-21-nepra-hearing-cppa-2027-power-purchase-price Wed, 21 Oct 2026 12:00:00 +0000 Global CPPA-G has projected a 2027 base-case power purchase price of Rs27.309/kWh, 7.9% above the 2026 reference. NEPRA hears the filing on 3 November. https://tei-energy.org/news/2026-10-21-eia-steo-pjm-wholesale-prices-41-percent https://tei-energy.org/news/2026-10-21-eia-steo-pjm-wholesale-prices-41-percent Wed, 21 Oct 2026 12:00:00 +0000 United States EIA's October Short-Term Energy Outlook puts the US average wholesale price at $52/MWh for 2026, with PJM up 41% and Mid-Columbia down 23%. Henry Hub is forecast to fall 9% to $3.16/MMBtu in 2027. https://tei-energy.org/news/2026-10-20-oil-slips-below-110-as-a-possible-us-waiver-on-russian-energy-offsets https://tei-energy.org/news/2026-10-20-oil-slips-below-110-as-a-possible-us-waiver-on-russian-energy-offsets Tue, 20 Oct 2026 12:00:00 +0000 Global Brent eased to about $109 a barrel early on 20 October as traders weighed a US executive order waiving key Russia-related sanctions and tariffs against renewed Houthi claims of attacks on Saudi... https://tei-energy.org/news/2026-10-29-ghana-ecg-waterfall-revenue-up-39-percent.html https://tei-energy.org/news/2026-10-29-ghana-ecg-waterfall-revenue-up-39-percent.html Thu, 29 Oct 2026 12:00:00 +0000 Africa PURC's validation reports show ECG declaring GH₵13.03 billion to the Cash Waterfall Mechanism in the January–July 2026 payment months. By TEI's tally, dollar payments to independent power producers rose 64.7%, to US$533.3 million, and Level A took 38% of the extra cash. https://tei-energy.org/articles/2026-10-29-ghana-cash-waterfall-ipp-dollar-payments.html https://tei-energy.org/articles/2026-10-29-ghana-cash-waterfall-ipp-dollar-payments.html Thu, 29 Oct 2026 12:00:00 +0000 Africa PURC's monthly validation reports show ECG declaring GH₵13.03 billion to the Cash Waterfall Mechanism in the January–July 2026 payment months, up 38.6% from a year earlier. By TEI's tally of the reports, payments to independent power producers rose 64.7% in dollars, and Level A took 38% of the extra cash. https://tei-energy.org/news/2026-10-29-us-net-gas-exports-take-91-percent-of-output-growth.html https://tei-energy.org/news/2026-10-29-us-net-gas-exports-take-91-percent-of-output-growth.html Thu, 29 Oct 2026 12:00:00 +0000 United States US dry gas output rose 4.61 Bcf/d in January–July 2026 from a year earlier, according to EIA. By TEI's calculation, LNG exports took 69% of the increase and the net export position 91%. Henry Hub averaged 44 cents less from February to July. https://tei-energy.org/articles/2026-10-29-us-gas-output-growth-net-exports-91-percent.html https://tei-energy.org/articles/2026-10-29-us-gas-output-growth-net-exports-91-percent.html Thu, 29 Oct 2026 12:00:00 +0000 United States EIA's monthly balance shows US dry gas production up 4.61 Bcf/d in January–July 2026 from a year earlier. By TEI's calculation, higher exports and lower imports took 4.18 Bcf/d of it, LNG alone 3.20 Bcf/d. Henry Hub still averaged 44 cents less from February to July than in 2025. https://tei-energy.org/news/2026-10-29-pakistan-discos-seek-rs415-billion-prior-year-costs.html https://tei-energy.org/news/2026-10-29-pakistan-discos-seek-rs415-billion-prior-year-costs.html Thu, 29 Oct 2026 12:00:00 +0000 Global NEPRA's hearing notices put the ten XWDISCOs' CY2027 prior-year adjustment requests at Rs415.3 billion. By TEI's calculation, Rs77.8 billion of IESCO's Rs157.9 billion is supplemental charges and pension losses NEPRA refused in June 2025. https://tei-energy.org/articles/2026-10-29-iesco-prior-year-claim-privatisation-cleanup.html https://tei-energy.org/articles/2026-10-29-iesco-prior-year-claim-privatisation-cleanup.html Thu, 29 Oct 2026 12:00:00 +0000 Global Pakistan's ten state distribution companies have asked NEPRA for Rs415.3 billion in prior-year adjustments for 2027. IESCO alone asks for Rs157.9 billion, Rs13.17 per unit of its sales, and Rs77.8 billion of it is supplemental charges and pension losses the regulator refused last year. https://tei-energy.org/news/2026-10-28-spain-grid-constraints-cost-3-6-billion.html https://tei-energy.org/news/2026-10-28-spain-grid-constraints-cost-3-6-billion.html Wed, 28 Oct 2026 12:00:00 +0000 Europe Red Eléctrica put technical-constraint costs at €3.614 billion for January to September 2026, up 45%. By TEI's calculation the component averaged €19.36/MWh, 20.3% of the final price, and the post-blackout reinforced operation was under 7.6% of the bill. https://tei-energy.org/articles/2026-10-28-spain-technical-constraints-fifth-of-power-price.html https://tei-energy.org/articles/2026-10-28-spain-technical-constraints-fifth-of-power-price.html Wed, 28 Oct 2026 12:00:00 +0000 Europe Red Eléctrica puts the cost of resolving technical constraints at €3.614 billion for January to September 2026, up 45% on a year earlier. TEI's rebuild from REE's own price components gives €19.36/MWh, or 20.3% of the average final price, against 13.3% in the same months of 2024. The post-blackout reinforced operation accounts for less than €275 million of it. https://tei-energy.org/news/2026-10-28-nigeria-electricity-subsidy-falls-37-percent.html https://tei-energy.org/news/2026-10-28-nigeria-electricity-subsidy-falls-37-percent.html Wed, 28 Oct 2026 12:00:00 +0000 Africa NERC put the federal tariff subsidy at ₦321.26 billion for April to June 2026, down ₦193.09 billion from a year earlier. By TEI's calculation about 63% of the fall came from a lower GenCo invoice per kilowatt-hour and about 29% from lower DisCo offtake. https://tei-energy.org/articles/2026-10-28-nigeria-tariff-subsidy-unit-cost-fall.html https://tei-energy.org/articles/2026-10-28-nigeria-tariff-subsidy-unit-cost-fall.html Wed, 28 Oct 2026 12:00:00 +0000 Africa NERC's quarterly reports put the federal tariff subsidy at ₦321.26 billion for April to June 2026, down 37.5% from a year earlier. By TEI's decomposition of NERC's own totals, about 63% of the fall came from a lower generation cost per kilowatt-hour and about 29% from lower DisCo offtake. Customer cash now covers 93% of the GenCo bill. https://tei-energy.org/news/2026-10-28-nyc-capacity-premium-one-cent-november-chpe.html https://tei-energy.org/news/2026-10-28-nyc-capacity-premium-one-cent-november-chpe.html Wed, 28 Oct 2026 12:00:00 +0000 United States NYISO's November monthly auction priced New York City capacity at $2.73/kW-month for November and $9.75 for January and February. A FERC-accepted rule counts the 1,250 MW Champlain Hudson line in shoulder months only, cutting city headroom by about 830 MW on 1 December, by TEI's calculation. https://tei-energy.org/articles/2026-10-28-nyiso-nyc-capacity-chpe-winter-split.html https://tei-energy.org/articles/2026-10-28-nyiso-nyc-capacity-chpe-winter-split.html Wed, 28 Oct 2026 12:00:00 +0000 United States NYISO's November monthly auction cleared New York City capacity at $2.73/kW-month, one cent above the rest of the state. For January and February the same auction priced the city at $9.75, a $5.00 premium, because FERC-approved rules assume the Champlain Hudson line supplies 1,250 MW in shoulder months and nothing in the peak winter months. https://tei-energy.org/news/2026-10-27-us-lng-asia-share-41-percent-may-eu-4-bcm-less.html https://tei-energy.org/news/2026-10-27-us-lng-asia-share-41-percent-may-eu-4-bcm-less.html Tue, 27 Oct 2026 12:00:00 +0000 Global DOE cargo data through August show Asia-bound US LNG peaking at 41.3% of exports in May after Qatar's force majeure. The EU received 143 Bcf less in April–July than a year earlier, by TEI's calculation, before Europe-bound volumes rose 34% in August. https://tei-energy.org/articles/2026-10-27-us-lng-asia-swing-eu-refill.html https://tei-energy.org/articles/2026-10-27-us-lng-asia-swing-eu-refill.html Tue, 27 Oct 2026 12:00:00 +0000 Global Cargo-level DOE data show Asia-bound US LNG rising from 7.1% of shipments in January to 41.3% in May. From April to July the EU received 143 Bcf less than a year earlier, about 4 bcm, while total US exports rose 21%. August swung back toward Europe. https://tei-energy.org/news/2026-10-27-pakistan-september-oil-rlng-46-percent-fuel-cost.html https://tei-energy.org/news/2026-10-27-pakistan-september-oil-rlng-46-percent-fuel-cost.html Tue, 27 Oct 2026 12:00:00 +0000 Global CPPA-G data filed with NEPRA show diesel, furnace oil and RLNG generating 1,280 GWh of 13,217 GWh in September and Rs57.0 billion of Rs123.6 billion in fuel charges, by TEI's calculation. https://tei-energy.org/articles/2026-10-27-pakistan-september-fca-oil-rlng-fuel-bill.html https://tei-energy.org/articles/2026-10-27-pakistan-september-fca-oil-rlng-fuel-bill.html Tue, 27 Oct 2026 12:00:00 +0000 Global CPPA-G's September 2026 fuel data show diesel, furnace oil and RLNG generating 1,280 GWh of 13,217 GWh but costing Rs57.0 billion of Rs123.6 billion in fuel. Prior-period charges and a gas-rate subsidy also shape the Rs2.56 request. https://tei-energy.org/articles/2026-10-27-pakistan-cy2027-ppp-fuel-drives-rise.html https://tei-energy.org/articles/2026-10-27-pakistan-cy2027-ppp-fuel-drives-rise.html Tue, 27 Oct 2026 12:00:00 +0000 Global CPPA-G's base case for 2027 is Rs27.309 per kWh, Rs1.99 above the 2026 reference. Fuel adds Rs2.40 per unit while capacity charges per unit fall by Rs0.57. https://tei-energy.org/news/2026-10-27-nepra-cppa-g-market-operator-fee-hearing.html https://tei-energy.org/news/2026-10-27-nepra-cppa-g-market-operator-fee-hearing.html Tue, 27 Oct 2026 12:00:00 +0000 Global The proposed fee of Rs14.47 per kW per month works out at roughly 2.6 paisa per unit on CPPA-G's 2027 sales forecast. https://tei-energy.org/articles/2026-10-27-kariba-2027-allocation-zesco-share.html https://tei-energy.org/articles/2026-10-27-kariba-2027-allocation-zesco-share.html Tue, 27 Oct 2026 12:00:00 +0000 Africa Lake Kariba stored 22.40 BCM on 26 October, against about 6.7 BCM a year earlier. The 2027 allocation of 23 BCM is 36% below this year's, and Zambia's ZESCO has less water left for the rest of 2026 than its year-to-date pace needs. https://tei-energy.org/news/2026-10-27-kariba-2027-allocation-23-bcm.html https://tei-energy.org/news/2026-10-27-kariba-2027-allocation-23-bcm.html Tue, 27 Oct 2026 12:00:00 +0000 Africa ZRA data show 22.40 BCM of usable water in Lake Kariba on 26 October, against about 6.7 BCM a year earlier. Next year's allocation for ZESCO and ZPC is 36% lower than this year's. https://tei-energy.org/news/2026-10-24-nepra-draft-standalone-power-system-pilot-regulations.html https://tei-energy.org/news/2026-10-24-nepra-draft-standalone-power-system-pilot-regulations.html Sat, 24 Oct 2026 12:00:00 +0000 Global Government sponsors would pay for the schemes and the areas would be carved out of the host distribution company's licence, with comments due within 30 days. https://tei-energy.org/articles/2026-10-23-germany-solar-up-a-fifth-negative-price-hours-down.html https://tei-energy.org/articles/2026-10-23-germany-solar-up-a-fifth-negative-price-hours-down.html Fri, 23 Oct 2026 12:00:00 +0000 Europe From January to September 2026, German solar generation rose 21% on a year earlier, yet the day-ahead market logged 463 negative-price hours against 525. The deepest prices got deeper, and the support rules now count in quarter-hours. https://tei-energy.org/news/2026-10-23-germany-negative-price-hours-fall-as-solar-rises.html https://tei-energy.org/news/2026-10-23-germany-negative-price-hours-fall-as-solar-rises.html Fri, 23 Oct 2026 12:00:00 +0000 Europe SMARD data show 463 negative day-ahead hours from January to September 2026, against 525 a year earlier, while solar output rose from 63.0 TWh to 76.2 TWh. https://tei-energy.org/news/2026-10-23-ercot-batteries-evening-peak-gas-flat.html https://tei-energy.org/news/2026-10-23-ercot-batteries-evening-peak-gas-flat.html Fri, 23 Oct 2026 12:00:00 +0000 United States EIA-930 data show ERCOT batteries averaging 8,555 MW at the daily net-load peak in July to September 2026, against 4,818 MW a year earlier. Gas output in the same hour was flat. https://tei-energy.org/articles/2026-10-23-ercot-batteries-evening-net-load-peak.html https://tei-energy.org/articles/2026-10-23-ercot-batteries-evening-net-load-peak.html Fri, 23 Oct 2026 12:00:00 +0000 United States At the daily net-load peak in July to September 2026, ERCOT batteries averaged 8,555 MW, up from 4,818 MW a year earlier. That increase covered about 76% of a 4.9 GW rise in net load, while gas output at the same hour barely moved. https://tei-energy.org/news/2026-10-23-eia-solar-share-of-generation-growth.html https://tei-energy.org/news/2026-10-23-eia-solar-share-of-generation-growth.html Fri, 23 Oct 2026 12:00:00 +0000 United States Utility-scale generation rose 70,657 GWh, solar added 42,630 GWh and wind most of the rest, while coal output fell by 43,560 GWh. https://tei-energy.org/news/2026-10-23-eia-residential-power-revenue-jan-aug.html https://tei-energy.org/news/2026-10-23-eia-residential-power-revenue-jan-aug.html Fri, 23 Oct 2026 12:00:00 +0000 United States Price, not volume, accounts for about nine-tenths of the $13.5 billion increase in what households paid from January to August. https://tei-energy.org/news/2026-10-22-ofgem-iuk-belgium-import-capacity.html https://tei-energy.org/news/2026-10-22-ofgem-iuk-belgium-import-capacity.html Thu, 22 Oct 2026 12:00:00 +0000 Europe Interruptible capacity on the Interconnector returned from gas day 23 October, and the consultation on later years closes on 20 November. https://tei-energy.org/news/2026-10-22-eia-storage-3644-bcf-salt-deficit.html https://tei-energy.org/news/2026-10-22-eia-storage-3644-bcf-salt-deficit.html Thu, 22 Oct 2026 12:00:00 +0000 United States A 77 Bcf injection left inventories 35 Bcf above the five-year average overall, but the fast-cycling salt facilities in the South Central region are well short. https://tei-energy.org/news/2026-10-21-pjm-large-load-registry-closes.html https://tei-energy.org/news/2026-10-21-pjm-large-load-registry-closes.html Wed, 21 Oct 2026 12:00:00 +0000 United States PJM will validate the submissions by 14 November and post final parameters for the 2029/30 capacity auction on 19 November, with bidding opening on 9 December. https://tei-energy.org/news/2026-10-21-ofgem-ofto-tender-round-14-hornsea-3.html https://tei-energy.org/news/2026-10-21-ofgem-ofto-tender-round-14-hornsea-3.html Wed, 21 Oct 2026 12:00:00 +0000 Europe Tender round 14 covers a single transmission link for a wind farm more than 100 km offshore, with revenue indexed to inflation for up to 25 years. https://tei-energy.org/news/2026-10-21-nepra-september-fca-rs-2-56-hearing.html https://tei-energy.org/news/2026-10-21-nepra-september-fca-rs-2-56-hearing.html Wed, 21 Oct 2026 12:00:00 +0000 Global September fuel cost came in at Rs10.0220 per unit against a reference of Rs7.4596, and the uniform-FCA policy would carry the adjustment to K-Electric consumers as well. https://tei-energy.org/news/2026-10-21-ercot-ufls-five-stages-november.html https://tei-energy.org/news/2026-10-21-ercot-ufls-five-stages-november.html Wed, 21 Oct 2026 12:00:00 +0000 United States Operating guide changes NOGRR226 and NOGRR247 add anti-stall stages and set relief in 5 per cent steps; separate market changes for congestion and firm fuel take effect on 29 October. https://tei-energy.org/news/2026-10-20-cppa-g-cy2027-ppp-rs27-309.html https://tei-energy.org/news/2026-10-20-cppa-g-cy2027-ppp-rs27-309.html Tue, 20 Oct 2026 12:00:00 +0000 Global Fuel adds Rs2.40 per unit while capacity charges per unit fall, and NEPRA will hear the forecast on 3 November ahead of tariff rebasing on 1 January. https://tei-energy.org/news/2026-10-19-ofgem-bramford-twinstead-642m.html https://tei-energy.org/news/2026-10-19-ofgem-bramford-twinstead-642m.html Mon, 19 Oct 2026 12:00:00 +0000 Europe The decision confirms January's minded-to position on the East Anglia reinforcement, one of 26 projects in the accelerated strategic transmission programme. https://tei-energy.org/articles/2026-10-16-pjm-doe-202c-order-expires-compliance-run-hours.html https://tei-energy.org/articles/2026-10-16-pjm-doe-202c-order-expires-compliance-run-hours.html Fri, 16 Oct 2026 12:00:00 +0000 United States The Department of Energy's Order No. 202-26-50 expires at the end of 16 October 2026. For four calendar days, from 13 October through today, PJM... https://tei-energy.org/news/2026-10-16-ghana-purc-october-tariffs-gridco-tsc.html https://tei-energy.org/news/2026-10-16-ghana-purc-october-tariffs-gridco-tsc.html Fri, 16 Oct 2026 12:00:00 +0000 Africa PURC's tariff publication effective 1 October 2026 sets GRIDCo transmission service charge TSC 1 at 15.8925 GHp/kWh and a composite bulk generation charge of 118.0280 GHp/kWh. https://tei-energy.org/news/2026-10-16-france-cre-long-term-capacity-auction-2030-31.html https://tei-energy.org/news/2026-10-16-france-cre-long-term-capacity-auction-2030-31.html Fri, 16 Oct 2026 12:00:00 +0000 Europe CRE proposes an 82 GW target volume for the long-term capacity auction for winter 2030-31, of which 3 GW may take multi-year contracts, and keeps price caps at 72 and 15 euros per kW. https://tei-energy.org/news/2026-10-16-bp-q3-trading-statement-impairments-net-debt.html https://tei-energy.org/news/2026-10-16-bp-q3-trading-statement-impairments-net-debt.html Fri, 16 Oct 2026 12:00:00 +0000 Europe BP's 13 October trading statement expects post-tax impairment charges of $3.0 to 4.5 billion, mainly in gas and low carbon energy, and net debt of $13.5 to 14.5 billion at quarter-end. https://tei-energy.org/news/2026-10-15-shandong-forecast-penalties-nea-grid-connection-draft.html https://tei-energy.org/news/2026-10-15-shandong-forecast-penalties-nea-grid-connection-draft.html Thu, 15 Oct 2026 12:00:00 +0000 China Shandong's revised grid-connection and ancillary-service rules took effect on 1 October with discounted charges during transition, while the NEA's draft national regulation is open for comment until about 30 October. https://tei-energy.org/news/2026-10-15-china-green-power-trading-lags-market-growth.html https://tei-energy.org/news/2026-10-15-china-green-power-trading-lags-market-growth.html Thu, 15 Oct 2026 12:00:00 +0000 China Trading centres cleared 5,180 TWh in January to August, up 19.2 per cent, but green-power contracts covered only 218.2 TWh, about one-eighth of wind and solar output. https://tei-energy.org/articles/2026-10-15-china-curtailment-122-twh-tiered-utilisation-targets.html https://tei-energy.org/articles/2026-10-15-china-curtailment-122-twh-tiered-utilisation-targets.html Thu, 15 Oct 2026 12:00:00 +0000 China On 14 October the National Energy Administration's Henan office published an account of a visit to State Grid Henan. The first problem it listed for a... https://tei-energy.org/news/2026-10-15-china-august-power-demand-data-services-charging.html https://tei-energy.org/news/2026-10-15-china-august-power-demand-data-services-charging.html Thu, 15 Oct 2026 12:00:00 +0000 China China used 1,033.2 TWh of electricity in August and set a record peak load of 1,560 GW, while internet data services and vehicle charging grew more than 40 per cent over January to August. https://tei-energy.org/news/2026-10-14-shell-nigeria-gas-distribution-vaaris.html https://tei-energy.org/news/2026-10-14-shell-nigeria-gas-distribution-vaaris.html Wed, 14 Oct 2026 12:00:00 +0000 Africa Shell Petroleum B.V. has signed an agreement to transfer Shell Nigeria Gas Group, including about 170 kilometres of pipelines serving more than 130 industrial customers, to Nigerian firm Vaaris Energy. https://tei-energy.org/news/2026-10-14-nigeria-nlng-gas-debt-power-supply.html https://tei-energy.org/news/2026-10-14-nigeria-nlng-gas-debt-power-supply.html Wed, 14 Oct 2026 12:00:00 +0000 Africa NLNG's chief executive told a Lagos energy conference that gas suppliers to power plants are owed about N3.3 trillion, undermining generation despite proven reserves of about 215 trillion cubic feet. https://tei-energy.org/news/2026-10-14-mozambique-chimuara-nacala-transmission-prequal.html https://tei-energy.org/news/2026-10-14-mozambique-chimuara-nacala-transmission-prequal.html Wed, 14 Oct 2026 12:00:00 +0000 Africa GW Mozambique Investments and EDM have opened prequalification through 24 November for a 460-kilometre transmission package linking central and northern Mozambique, valued at about USD 450 million. https://tei-energy.org/articles/2026-10-14-kalumbila-kolwezi-interconnector-sapp-transmission.html https://tei-energy.org/articles/2026-10-14-kalumbila-kolwezi-interconnector-sapp-transmission.html Wed, 14 Oct 2026 12:00:00 +0000 Africa A Strategic Framework Agreement signed in Kinshasa on 6 October puts a privately led cross-border line on Africa's most power-hungry mining corridor. The... https://tei-energy.org/articles/2026-10-13-tamil-nadu-record-power-purchase-rs37.html https://tei-energy.org/articles/2026-10-13-tamil-nadu-record-power-purchase-rs37.html Tue, 13 Oct 2026 12:00:00 +0000 India Tamil Nadu's distribution utility has signed the costliest short-term power deals in its history to get through the rest of October. The Tamil Nadu Power... https://tei-energy.org/news/2026-10-13-neso-emergency-assistance-france-1200mw.html https://tei-energy.org/news/2026-10-13-neso-emergency-assistance-france-1200mw.html Tue, 13 Oct 2026 12:00:00 +0000 Europe NESO called on emergency assistance from France on Monday evening, its largest such request since at least 2024, after a delayed return to service cut available capacity. https://tei-energy.org/news/2026-10-13-doe-202c-order-pjm-backup-generation.html https://tei-energy.org/news/2026-10-13-doe-202c-order-pjm-backup-generation.html Tue, 13 Oct 2026 12:00:00 +0000 United States The Energy Department granted PJM a Section 202(c) emergency order for October 13 to 16 after the grid operator forecast demand near 111,500 MW with 61,591 MW of generation out for autumn maintenance. https://tei-energy.org/articles/2026-10-12-hormuz-tanker-attacks-brent-106.html https://tei-energy.org/articles/2026-10-12-hormuz-tanker-attacks-brent-106.html Mon, 12 Oct 2026 12:00:00 +0000 Middle East Oil prices rose nearly $2 a barrel on Monday as Middle East security risks outweighed a fresh promise of Russian diesel. Brent crude futures settled up... https://tei-energy.org/articles/2026-10-12-ferc-rejects-pjm-large-load-iras.html https://tei-energy.org/articles/2026-10-12-ferc-rejects-pjm-large-load-iras.html Mon, 12 Oct 2026 12:00:00 +0000 United States The Federal Energy Regulatory Commission has blocked the core of PJM Interconnection's plan for connecting data centers and other large loads. In an order... https://tei-energy.org/articles/2026-10-09-south-africa-battery-gas-determination-curtailment.html https://tei-energy.org/articles/2026-10-09-south-africa-battery-gas-determination-curtailment.html Fri, 09 Oct 2026 12:00:00 +0000 Africa South Africa's electricity minister has turned a daytime surplus into a procurement order. On 7 October, Dr Kgosientsho Ramokgopa confirmed the first section... https://tei-energy.org/articles/2026-10-09-eu-winter-gas-storage-entsog-lng.html https://tei-energy.org/articles/2026-10-09-eu-winter-gas-storage-entsog-lng.html Fri, 09 Oct 2026 12:00:00 +0000 Global European gas storage is entering the heating season at its lowest level for the time of year since records began in 2011. ENTSOG presented its 2026-2027... https://tei-energy.org/articles/2026-10-08-doe-pjm-ratepayer-protection-backstop-costs.html https://tei-energy.org/articles/2026-10-08-doe-pjm-ratepayer-protection-backstop-costs.html Thu, 08 Oct 2026 12:00:00 +0000 United States The U.S. Department of Energy put unusual weight behind a Federal Energy Regulatory Commission order that has already frozen PJM Interconnection's plan to... https://tei-energy.org/articles/2026-10-07-uk-neso-electricity-margin-notice-france-imports.html https://tei-energy.org/articles/2026-10-07-uk-neso-electricity-margin-notice-france-imports.html Wed, 07 Oct 2026 12:00:00 +0000 Europe Britain's electricity system operator put the market on notice for a thin evening margin on Tuesday, then stood the warning down once generation and imports... https://tei-energy.org/articles/2026-10-06-pakistan-ai-data-centres-megawatts-winter-gas.html https://tei-energy.org/articles/2026-10-06-pakistan-ai-data-centres-megawatts-winter-gas.html Tue, 06 Oct 2026 12:00:00 +0000 Global Pakistan's digital infrastructure plans have moved from policy documents to concrete buildings in 2026. In August, ZTE and the local cloud provider SKY47... https://tei-energy.org/articles/2026-10-06-lng-surplus-to-scarcity-winter-allocation.html https://tei-energy.org/articles/2026-10-06-lng-surplus-to-scarcity-winter-allocation.html Tue, 06 Oct 2026 12:00:00 +0000 Global Ten months ago, Pakistan's problem with liquefied natural gas was that it had too much of it. In December 2025 the Petroleum Division approved an Annual... https://tei-energy.org/articles/2026-10-06-data-centers-lng-16-bcfd-each-gas-demand-2031.html https://tei-energy.org/articles/2026-10-06-data-centers-lng-16-bcfd-each-gas-demand-2031.html Tue, 06 Oct 2026 12:00:00 +0000 United States For most of the past decade, the story of U.S. natural gas demand growth was written on the Gulf Coast. Every new liquefaction train meant another billion... https://tei-energy.org/articles/2026-10-05-virginia-data-center-diesel-generators-33-gw-hormuz.html https://tei-energy.org/articles/2026-10-05-virginia-data-center-diesel-generators-33-gw-hormuz.html Mon, 05 Oct 2026 12:00:00 +0000 United States Virginia now has an official count of the machines that keep its data centers running when the grid fails. A report delivered to the General Assembly's money...