The International Energy Agency projects global oil demand will peak around 102 million barrels daily by 2030, then decline. But they’ve revived a “Current Policies Scenario” showing fossil fuels could rise 13% by 2050 if climate promises aren’t kept. Electricity demand is growing four times faster
French oil giant TotalEnergies has locked in a major 15-year renewable power agreement with Google. The deal will supply 1.5 terawatt hours of solar electricity from Ohio to power Google’s data center operations. It’s part of TotalEnergies’ broader shift toward electricity investments.
Geothermal energy is undergoing a revolution thanks to enhanced techniques borrowed from the oil industry. Fervo Energy’s breakthroughs could make geothermal bigger than nuclear power. The US Department of Energy predicts 300GW capacity by 2050.
GridBeyond just launched its Designer platform in the Southwest Power Pool market. The AI-powered tool helps energy asset owners plan investments and optimize operations. It uses forecasting to maximize revenue from real-time markets while balancing carbon reduction goals.
Entergy’s massive expansion to power tech giants like Meta and Google reveals a utility at a crossroads. Their $41 billion gas-focused strategy faces regulatory pushback and sustainability challenges in an era demanding cleaner energy solutions.
Eavor’s closed-loop geothermal project in Germany achieved a 50% reduction in drilling times, potentially revolutionizing clean energy access. But technical limitations and scaling challenges could undermine the breakthrough. The real test lies in whether these improvements translate to commercial v
Pakistan’s solar revolution, powered by Chinese imports, is creating a utility death spiral while testing China’s geopolitical ambitions. The country’s experience offers crucial lessons for energy transitions across the global south.
Traditional energy efficiency programs are undergoing a radical transformation. Instead of just reducing consumption, they’re now shifting when people use electricity, creating a new form of grid flexibility that could reshape energy markets.
While AI data centers create unprecedented energy demand, major oil companies are struggling to capitalize. Structural oversupply and changing market dynamics are preventing traditional energy giants from benefiting from the AI revolution.
Researchers have developed a novel positioning system for solar farm inspection drones that overcomes traditional GPS limitations. The technology combines PPP-B2b signals with multipath error correction to achieve unprecedented accuracy in remote locations.
