Utilities
China’s State Grid Pledges $4.5 Billion for Pumped Hydro in 2026
China’s largest grid operator has pledged to spend 31 billion yuan ($4.5 billion) on pumped hydro storage this year, in support of the company’s plan to lift total capacity by more than 70% by the end of the decade.
European Natural Gas Steadies as US and Iran Weigh New Talks
European natural gas steadied as broader markets weighed efforts by the US and Iran to make their way back to the negotiating table.
China’s Clean Tech Firms Signal Windfall From Gulf Energy Shock
Chinese clean‑tech manufacturers are beginning to benefit from the supply crunch in the Gulf, as rising oil and natural gas prices and a renewed emphasis on energy security boost demand for batteries and electric vehicles.
