Elon Musk quietly bought a $1B energy company, New APR Energy, per FTC filings. The deal's secrecy and Musk's AI ambitions suggest a play for dedicated power infrastructure for his AI ventures.
energyFriday, July 17, 2026
Musk's secret energy buy, pipeline deals, wind vs. Pentagon
A secret acquisition by Elon Musk, a pipeline deal bypassing Hormuz, and a Pentagon freeze on wind projects, today's energy news is a mix of bold moves and blocking tactics. The through-line: everyone's scrambling for alternatives, whether to Chinese batteries, Iranian chokepoints, or radar interference.
Secret deals and pipelines
Two stories about building new routes, one corporate, one geopolitical, to bypass current bottlenecks.

Iraq and Syria signed a deal to rebuild an oil pipeline bypassing the Strait of Hormuz, with U.S. Energy Secretary Chris Wright presiding. It's a direct response to the ongoing Hormuz crisis and a bid to reduce Iraq's dependence on hostile neighbors.
Wind vs. national security
The Pentagon's radar concerns are freezing wind development, while a battery breakthrough offers a different kind of energy storage.
The Pentagon says drones can hide in wind farms, freezing 155 wind projects. The national security argument is gaining traction, and it's a major hurdle for wind energy in the U.S.

A flowing zinc slurry battery retained 81% capacity after 5,500 cycles. It's a promising alternative to lithium for grid storage, though still early-stage.
Oil tensions and grid moves
Oil prices tick up as Iran threatens retaliation, and Poland pushes pumped storage to balance its grid.

Oil prices rose as Trump threatened Iran's critical infrastructure and Iran vowed retaliation. WTI hit $80, Brent $85, the Hormuz crisis keeps markets on edge.
TAURON plans a 767 MW/3 GWh pumped-storage plant in Poland, a €1.6B project that also boosts flood protection. It's a rare large-scale hydro investment in Europe.
Also today13
Meet the Battery Startup Taking on China’s Giantswww.wired.com
Why your heat pump isn’t saving you money – and what could change thatl.euronews.com
IEA chief warns Strait of Hormuz crisis threatens global energy securitywww.aljazeera.com
Why did energy-saving tips disappear from the Energy Department website?grist.org
How companies have abandoned their climate goals and let themselves off the hookwww.nytimes.com
Jackdaw gasfield would create only 27 direct full-time jobs, documents showwww.theguardian.com
After months of debate, Virginia fails to pass data center clean energy requirementsinsideclimatenews.org
The state will tax data center electricity but plans to reduce emissions at the facilities and secure environmental protections went nowhere.
IAEA report draws safeguards conclusions for 179 Statesieu-monitoring.com
According to the recently published ‘Safeguards Implementation Report for 2025: Safeguards Statement and Background’, the IAEA implemented nuclear verification activities for 190 States with safeguards agreements in force.
World-class nuclear fuel facility that can power next-gen reactors to be built with new fundinginterestingengineering.com
TRISO-X, the advanced nuclear fuel subsidiary of X-energy, has been awarded an $11 million grant...
Canada should become the data centre capital of the worldthehub.ca
The post Canada should become the data centre capital of the world appeared first on The Hub .
Oriental Mindoro utility raises generation charge in June billsnewsinfo.inquirer.net
CALAPAN CITY, Oriental Mindoro — The Oriental Mindoro Electric Cooperative (ORMECO) has increased its generation charge for the June 2026 billing period by P0.4043 per kilowatt-hour (kWh), raising the rate from P17.8864/kWh in May to P18.2907/kWh. In a public advisory, ORMECO sai
IRENA Flagship Report Tracks Wave and Tidal Energy’s Push Toward Deploymentoceannews.com
For the first time, IRENA's flagship Renewable Power Generation Costs 2025 report includes a dedicated assessment of ocean energy, reflecting the sector's growing maturity.
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