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AI

Oil Demand Rising 1.6 Million Bpd

August 7, 2024 Andy Del Prado

Daily Standup Top Stories Saudi Aramco Sees Oil Demand Rising by 1.6 Million Bpd in Second Half of 2024 August 6, 2024 Mariel Alumit Saudi Aramco’s CEO has forecast a strong increase in global oil demand […]

Investors
AI

How Investors Are Capitalizing on AI’s Insatiable Appetite for Energy

August 6, 2024 Mariel Alumit

AI data centers’ rising electricity demand prompts investors to buy power utility stocks, anticipating generational demand growth. Power utilities stand to benefit from the AI boom as they secure reliable electricity for consumers amid increasing […]

AI

Week Recap: BRICS Financial Moves, Pipeline Congestion, and Green Energy Scrutiny

August 3, 2024 Andy Del Prado

Weekly Daily Standup Top Stories BRICS Officially Announces Financial System Similar to SWIFT July 26, 2024 Stu Turley The BRICS alliance is looking to bypass the Western SWIFT system and replace it with its own financial […]

Power
AI

Global Power Demand Is Soaring, IEA Expects 4% Growth in ’24 & ‘25

August 2, 2024 Mariel Alumit

ENB Pub Note: We recommend following and subscribing to Robert Bryce’s Substack. I have thoroughly enjoyed my conversations with him on my podcasts.   Electricity is the world’s most important and fastest-growing form of energy. […]

AI

Banks predict oil price slump under Trump Admin

August 1, 2024 Andy Del Prado

Daily Standup Top Stories Power-Hungry Data Centers Are Gobbling Up Texas Amid AI Boom July 31, 2024 Stu Turley One business may finally be getting too big for Texas: data centers, those whirring warehouses packed with the […]

Texas
AI

Power-Hungry Data Centers Are Gobbling Up Texas Amid AI Boom

July 31, 2024 Stu Turley

One business may finally be getting too big for Texas: data centers, those whirring warehouses packed with the electricity-sucking computer servers that power the modern internet and the development of artificial intelligence. Up until now, the […]

AI

Yellen needs $3 Trillion for Climate Transition

July 30, 2024 Andy Del Prado

Daily Standup Top Stories Amazon claims to power all its operations with renewable energy. If only that were true. July 29, 2024 Mariel Alumit When Amazon announced this month that it had achieved 100% renewable energy seven years […]

Amazon
AI

Amazon claims to power all its operations with renewable energy. If only that were true.

July 29, 2024 Mariel Alumit

When Amazon announced this month that it had achieved 100% renewable energy seven years ahead of schedule, that sounded like really good news for Virginia. Amazon owns more data centers here than anyone else, and data center […]

Data centres
AI

Data centres now consume over a fifth of Ireland’s electricity

July 29, 2024 Mariel Alumit

Data centres in Ireland now account for over a fifth of the country’s metered electricity consumption, according to the latest figures from the Central Statistics Office (CSO). In 2023, data centres used 21% of the […]

AI
AI

Is AI causing a worldwide power crisis?

July 26, 2024 Mariel Alumit

Google’s recent announcement of a 48% rise in climate emissions since 2019 points the finger at artificial intelligence. This surge is linked to the booming data centre construction by US tech giants, who claim AI […]

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