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Donald Trump’s former energy secretary on Sunday attacked the Biden administration’s energy policies, linking them to inflation and claiming that restrictions on the U.S. oil industry and rising costs at home could lead to “disaster.”

Energy prices have leaped globally in the last three months. Natural gas has soared almost 600% this year, and international oil benchmark Brent crude is up more than 60% year to date. Currently, crude is hovering around $82 per barrel.

“The Biden administration’s restrictive actions — no to pipelines, no to drilling, no to the financing of oil and gas projects overseas … is a stunning reversal of the energy independence achieved under the Trump administration,” Rick Perry told CNBC’s Hadley Gamble.

The United States never stopped importing oil during the Trump administration, though domestic production rose. On a monthly basis, U.S. production edged higher than consumption during most of 2019 and 2020, according to the U.S. Energy Information Administration.

But the most recent EIA data shows that pattern continuing after Biden became president in 2021, including U.S. exports of energy continuing to exceed imports.

As gas prices have risen in the United States, the Biden White House has pressured OPEC and its oil-producing allies including Russia to accelerate plans to increase output. But that group, called OPEC+, last week said it would stick with its plan to increase output by 400,000 barrels per day starting in December.

“The potential for disaster is very real, both in a national security standpoint, and whether or not we literally can keep the lights on,” Perry said.

Perry oversaw pro-oil industry policies during his time at the Department of Energy. A former governor of Texas, he has close ties to the Texas oil industry and has held leadership roles on the boards of two petroleum companies.

The inflation problem

Aside from pressuring OPEC to produce more oil, U.S. Secretary of Energy Jennifer Granholm has pushed the Biden administration’s plans to develop domestic clean energy, arguing argued that the U.S. should focus on renewable energy as a long-term strategy to ensure the U.S. isn’t “reliant on political adversaries.”

Perry pointed out an apparent contradiction between the Biden administration’s stance on clean energy and its pressure on OPEC+ to produce more oil.

“On the one hand, you’ve got John Kerry, jetting all around the world, lecturing people about the use of fossil fuels, and then you have the Secretary of Energy Mrs. Granholm standing up and begging His Royal Highness Abdulaziz bin Salman to send more crude so we can drive down the cost of gasoline,” Perry said.

“Our people are hurting,” said Perry, citing broadly rising costs in the United States. He added that he thinks “$100 oil within the next six months is possible.”

U.S. annual inflation rose at its fastest pace in more than 30 years during September, despite a decline in personal income, the U.S. Commerce Department reported last month.

The White House and U.S. Department of Energy were not immediately available for comment. Granholm acknowledged during the COP26 climate summit in Glasgow, Scotland, that the amount of clean energy that’s available isn’t sufficient to replace fossil fuels. She said a priority for the administration is to ensure Americans can afford to heat their homes and fuel their cars this winter.

Granholm last week hit back after OPEC and its allies decided to continue with their current output plan, adding 400,000 barrels per day each month through to next year.

Asked by CNBC about the United States’ relationship with de-facto OPEC leader Saudi Arabia during the COP26 climate summit, Granholm said: “In some places we have strong relationships, and in some places we wish our allies would move a little faster.”

Strategic Petroleum Reserve?

President Joe Biden blames high costs squarely on OPEC+ countries, while some oil drillers blame restrictions on the fossil fuel industry. Granholm has pointed out that the pandemic slowed U.S. oil and gas investment and drilling.

To combat rising prices, Granholm told Bloomberg in an interview last week that tapping America’s Strategic Petroleum Reserve “is certainly on the table as an option.”

The Strategic Petroleum Reserve holds up to 714 million barrels of crude oil. It’s located in sites along the Texas and Louisiana Gulf Coasts and is the world’s largest backup oil supply. It’s designed as a buffer to protect the United States from a major supply disruption, such as a natural disaster or war.

Perry pointed out that the Strategic Petroleum Reserve isn’t designed for “long-term assistance,” adding that tapping it would be “a fool’s errand.”

“They’re there for a hurricane or some type of a national disaster that occurs,” Perry said. “You go in, you use it, it’s [for] a short period of time,” Perry said, adding, “I don’t know what tools [Biden]’s got in the toolbox. I think he’s making it up as he goes.”

Biden said on Saturday his administration has “other tools” to deal with high oil prices. “There are other tools in the arsenal that we have to deal with other countries at an appropriate time,” he said.

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Fortescue Infinity Train gets 14.5 MWh battery that never needs charging [update]

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Fortescue Infinity Train gets 14.5 MWh battery that never needs charging [update]

Fortescue has taken the wraps off a prototype of its proposed “Infinity Train” electric locomotive, making the 1,100 km (about 685 miles) trip from Perth to the Pilbara and marking a major milestone in the decarbonization of the company’s heavy haul operations.

UPDATE 15DEC2025: now there are two!

This week, two of Fortescue battery-electric locomotives began operating at the company’s Pilbara mines in Australia, where the so-called Infinity Trains (co-developed with Caterpillar’s Progress Rail division) began regular duty.

“It’s not every day you welcome not just one, but two of the world’s largest battery-electric locomotives into your operations,” said Fortescue Metals CEO, Dino Otranto, on LinkedIn. “[I] can’t wait to see these in motion soon!”

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The two new trains are now fully operational assets, packing almost unimaginably massive 14.5 MWh battery packs that were charged once with grid power upon deployment, and which will (in theory) remain at a usable state of charge indefinitely thanks to a cleverly applied combination of gravity, regenerative braking, and human intelligence.

You can read the original article about the Infinity Train prototype completing its first 1,100 km (~685 miles) trip across the Pilbara, below, then let us know what you think of Fortescue’s latest fuel-saving efforts in the comments section at the bottom of the page.


Our prototype battery electric locomotive has made the 1,100 kilometre journey from Perth to the Pilbara – a major milestone in the decarbonisation of our heavy haul operations.
Infinity Train prototype; by Fortescue Rail.

Co-developed with the locomotive experts at Downer Group, Fortescue revealed its concept for a battery electric “Infinity Train” back in March of 2022. At the time, the company promised a “world’s first” iron ore train capable of fully charging its batteries through regenerative braking. The two companies claimed the clever technology would create a self-sustaining, zero-emission rail system powered entirely by the force of gravity during the train’s loaded downhill travels.

This week, the concept went from the drawing board to the real world, completing an 1,100 km trip across Australia and proving itself to be up to the task of handling the grueling demands of Fortescue’s massive mining operations.

“We’re thrilled to see our battery electric locomotive prototype arrive in the Pilbara,” said Ellie Coates, CEO of Fortescue Zero. She added that the achievement, using zero fossil fuels, “represent(s) a major step in Fortescue’s journey to Real Zero.”

The Fortescue Infinity Train uses the energy produced by slowing the loaded train on downhill sections of the company’s 385 mile private, heavy-haul rail network to recharge its battery systems. That energy is enough to bring the unloaded train back to the mine, eliminating the need for external charging infrastructure or additional renewable energy sources, making the train almost entirely self-sufficient.

Fortescue says the deployment of the Infinity Train concept at its mines will eliminate more than 82 million liters of diesel fuel consumption (about 21 million gallons, which ChatGPT tells me amounts to about 235,200 tons of CO₂ emissions).

That change alone would eliminate about 11% of Scope 1 emissions annually for Fortescue all on its own, putting it well on its way to its stated goal of achieving “Real Zero” emissions-free operations.

Electrek’s Take


Infinity Train on the rails; via Fortescue.

Using gravity to charge up heavily-laden mining vehicles on downhill runs is an idea that’s been put into practice for years, with great success wherever the topography allows (since 2017, at least). Combining that clever use of gravity, traction braking, and battery storage for use on a rail system like this just seems smart, and it makes me think we’re just scratching the surface of all the clever ways electrification and battery storage will eventually get put to use.

I wonder what would happen if you threw some battery electric rail cars into the mix, as well!? You guys are smart, head down to the comments and let me know (and, while you’re there, help me check ChatGPT’s math on those carbon emissions).

SOURCE | IMAGES: Fortescue, via LinkedIn.


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E-quipment highlight: Develon DX250LCE-7 electric crawler excavator

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E-quipment highlight: Develon DX250LCE-7 electric crawler excavator

Develon is kicking off the holidays with seven new or updated electric excavators, led by its seriously impressive flagship offering: the new 25‑ton DX250LCE-7 battery-electric crawler excavator developed by HD Hyundai.

When Hyundai acquired the Doosan Infracore equipment division back in 2023, it rebranded the orange machines as “Develon” in a move that signaled a new era of forward-looking thinking for the Korean company — and, last week, we got some of the first tangible results of that new thinking debuted with the launch of seven new or updated electric excavators, including the flagship DX250LCE-7 25-ton model shown here.

Develon says its new electric machines offer identical performance to their diesel counterparts, while delivering significant reductions in emissions, noise, and vibration — and that the breadth and scope of the brand’s new, zero-emission lineup underscores its continued commitment to sustainable innovation in the heavy equipment space.

“Moving forward, Hyundai Infracore is focusing on innovation and smart technology, as well as productivity and fuel efficiency. I think the timing very good for us, with exciting new technologies on the market,” Young-cheul Cho, President and CEO of Develon parent company HD Hyundai Infracore, told Construction Europe at last summer’s Intermat construction show. “Our next generation machines will use AI and have sensors that will be reliable in all environments and all weathers, which will improve safety.”

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The new Develon DX250LCE-7 brings Cho’s Intermat vision to life with specs that meet or beat the diesel-powered DX255LC-7’s capabilities in a quiet, zero-emission package.

Starting with horsepower, the DX250LCE-7’s electric motors pot out about 200 hp (comparable to the diesel) while tipping the scales at a ~26 metric ton operating weight. Bucket capacity matches the diesel at 1.4 cubic meters, too — but the Develon’s standout feature is its oversized battery pack, offering up to 12 hours of continuous runtime on a single charge under typical conditions (kWh capacity hasn’t been released), with DC fast-charging options that can get it back in action at full capacity in under two hours — making it ideal for a full-day of moving dirt.

North American pricing and availability should be released in Q1.

Electrek’s Take


As demand for low-emission solutions rises throughout Europe and SE Asia, the latest electric excavators from Develon and parent company Hyundai provide an ideal balance between eco-friendly operation and real-world job site requirements – especially when fitted with articulating buckets and other versatile implements.

Regardless of who is in power in the US, the fact is that these electric machines deliver quiet, efficient performance in challenging environments, cutting both emissions and noise while maintaining productivity and improving both operators’ safety and working conditions. They’re winners all the way.

SOURCE | IMAGES: Develon; via ELM Group.


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BYD increases EV battery warranty to 8 years/250,000 km, surpassing Tesla’s

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BYD increases EV battery warranty to 8 years/250,000 km, surpassing Tesla's

BYD is making a significant move to boost confidence in its electric vehicles in Europe. The Chinese automaker has announced a major update to its warranty terms, extending the battery coverage to 8 years or 250,000 km (approx. 155,000 miles), whichever comes first.

This new policy significantly outpaces the industry standard and puts pressure on competitors like Tesla and Volkswagen to follow suit.

The announcement was made via BYD Europe’s official channels today, confirming that the new warranty terms apply to its lineup of “New Energy Vehicles” (NEVs) in the region:

Previously, BYD offered a warranty that was more in line with the industry average, typically around 8 years or 160,000 km (100,000 miles), with some variations like 200,000 km in specific markets. This bump to 250,000 km is a massive increase in mileage coverage, effectively targeting high-mileage drivers, taxi fleets, and Uber drivers who might be wary of long-term degradation.

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For context, here is how the new BYD warranty stacks up against the main competition in Europe:

  • BYD (New): 8 years / 250,000 km
  • Tesla (Model 3/Y RWD): 8 years / 160,000 km
  • Tesla (Long Range/Perf): 8 years / 192,000 km
  • Volkswagen (ID. Series): 8 years / 160,000 km
  • Hyundai/Kia: 8 years / 160,000 km

As you can see, BYD is now offering nearly 60% more mileage coverage than the standard warranty provided by Volkswagen and the base Tesla models. Even compared to Tesla’s Long Range battery warranty, BYD offers an additional 58,000 km of protection.

The move is enabled by BYD’s confidence in its Blade Battery technology, which is interestingly used by competitors, such as Tesla.

The Blade Battery uses Lithium Iron Phosphate (LFP) chemistry, which is known for having a longer cycle life than the Nickel Cobalt Manganese (NCM) cells traditionally used in long-range EVs.

BYD has often claimed that the Blade Battery can sustain over 3,000 charge cycles while maintaining reasonable capacity. Even when accounting for linear degradation to 70% capacity over that lifespan, 3,000 cycles on a vehicle with a 400 km starting range would still result in roughly 1 million kilometers of total service life. Consequently, a 250,000 km warranty remains quite conservative for the chemistry, even if it is aggressive for the market.

This comes as BYD continues to expand aggressively in Europe, having recently launched the Sealion 7 and updated versions of the Seal and Atto 3.

Electrek’s Take

This is exactly the kind of competition we like to see.

It’s great to see BYD using the inherent durability of LFP cells to offer a tangible benefit to consumers rather than just cutting costs.

I’m looking at Tesla here. Tesla has been a pioneer in battery longevity, and we know their packs can last a very long time, especially the LFP packs in the standard range Model 3 and Y.

In fact, Tesla even used BYD’s blade batteries in some of the vehicles it sells in Europe.

It would be great to see Tesla follow BYD here.

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