Energy in Demand News, December 15, 2024

BP and Shell are scaling back electricity ambitions to escape the ‘valley of death,’ according to the Financial Times website (behind a paywall). Over the past five years, the two companies had spent a combined US$18 billion to be major players in electricity. But now Shell has sold its retail electricity business in Germany, the … Continue reading Energy in Demand News, December 15, 2024

US support for backing outstanding mortgages giving only vague guidance on climate-related catastrophe

Fannie Mae and Freddie Mac, which backstop most U.S. mortgages, know floods and fires are a growing problem. But little action has been taken. Lydia DePillis discusses this growing issue in the US. One wonders how the new administration will deal with this issue?   Mortgage Regulators Are Shrugging Off Climate Risk. It Could Cost … Continue reading US support for backing outstanding mortgages giving only vague guidance on climate-related catastrophe

Some ways in which the spread of AI data centres is challenging utilities and grid managers, and how the power industry in the US is responding

Anurag Srivastava, Professor of Computer Science and Electrical Engineering, West Virginia University writes on The Conversation about how  utilities in the US are coping with AI data centres. What are your views. Is the experience similar in Europe and other regions?   How utilities are working to meet AI data centers’ voracious appetite for electricity … Continue reading Some ways in which the spread of AI data centres is challenging utilities and grid managers, and how the power industry in the US is responding

Energy in Demand News, December 8, 2024

How many times have we heard President-elect Donald Trump say: “We will drill, baby, drill.” It’s not clear that producers will fall in line. For the past six years, the US has already been the world’s largest producer of oil and natural gas, according to the Department of Energy’s Energy Information Administration, and produces about … Continue reading Energy in Demand News, December 8, 2024

New white paper on lessons learned from Danish experience to electrify industrial sites in the US

This white paper by the American Council for an Energy-Efficient Economy presents findings and how to apply lessons learned from a June 2024 study trip to industrial electrification sites in Denmark.  The authors of the white paper are Andrew Hoffmeiser, Richard Hart and Hellen Chen.   Electrification of U.S. Industry: Applying Lessons from Denmark Key … Continue reading New white paper on lessons learned from Danish experience to electrify industrial sites in the US

Canada had some good words to say at COP29 but its actions don’t back them up

Bruce Campbell writes on the Policy Alternatives about Canada at the Baku summit. While it takes a positive attitude to the COP process, it has to be admitted that Canada is the world’s the fourth largest oil producing country and sixth largest producer of natural gas.  It also had many lobbyists there representing the tar … Continue reading Canada had some good words to say at COP29 but its actions don’t back them up

AI as a crucial tool in helping those in the energy industry navigate this deeply complex transition

This week, IEA organised a conference on AI and we hope to hear some of the results in coming days. In advance, we have an article on the Power Magazine website, Ray Rasmussen, managing principal of rGen Consulting, argues that embracing AI is not just an option but a necessity for a sustainable and efficient … Continue reading AI as a crucial tool in helping those in the energy industry navigate this deeply complex transition

New report on Energy as a Service

Research and Markets has published its new report on Energy as a Service. The global EaaS market is set to reach $115 billion by 2030, driven by sustainability goals, technological advancements, and customer-centric solutions. The "Energy as a Service Market Size and Forecast 2020-2030: Global and Regional Share, Trends, and Growth Opportunity Analysis by Service … Continue reading New report on Energy as a Service

Why net zero in aviation isn’t getting off the ground

Mark Toon, Senior Lecturer in Marketing and Strategy, Cardiff University writes on The Conversation website about the difficulty airlines are experiencing reach net zero emissions and the role of “jet zero” councils to help achieve future objectives. Jet zero? Why net zero in aviation can’t get off the ground The airline industry is on course … Continue reading Why net zero in aviation isn’t getting off the ground

Energy in Demand News, December 1, 2024

The New York Times (behind a paywall) wrote: “Five dry words — ‘transitioning away from fossil fuels’ — led to a bitter diplomatic spat Tuesday. . . . A handful of petrostates, led by Saudi Arabia and Russia, ensured that a United Nations General Assembly resolution on climate change steered clear of such language, despite … Continue reading Energy in Demand News, December 1, 2024