Keywords: Energy demand


Europe faces difficult winter as energy prices surge and gas reserves remain low

Europe could be heading toward a challenging winter as energy prices rise sharply while gas storage levels remain below what is normally expected ahead of the high-demand season, according to Bloomberg analysis. European policymakers are facing growing concerns over the region’s ability to absorb......

Tunisia: Kais Saied denounces 'premeditated' acts behind water and electricity cuts

The increasing frequency of water and electricity cuts in Tunisia, amid extreme heat, is taking on a political dimension. President Kais Saied stated that some disruptions observed in several regions were not solely due to technical failures, suggesting deliberate actions aimed at escalating tensions......

Shell expects 65% rise in global LNG demand by 2050

Global demand for liquefied natural gas (LNG) is on course for substantial long-term growth, with consumption expected to increase by approximately 65% by 2050 as Asian economies accelerate their energy transition and electricity demand continues to climb. According to Shell's latest annual LNG......

Chevron and Microsoft bet on natural gas to power artificial intelligence data centers

Energy giant Chevron and technology leader Microsoft have entered into a long-term agreement aimed at powering large-scale artificial intelligence data infrastructure using electricity generated from natural gas, highlighting the growing energy demands of the digital economy. Under the agreement, Chevron......

Musk backs orbital data centers as AI energy warnings grow

Elon Musk has renewed support for space-based computing infrastructure after Nvidia chief executive Jensen Huang warned that artificial intelligence could soon overwhelm global power systems. Musk posted that space represents the only viable path forward, reinforcing his long-standing view that orbital......

Hormuz crisis boosts China clean energy exports as oil flows disrupted

The crisis in the Strait of Hormuz has accelerated a global shift away from fossil fuels, driving a sharp increase in China’s clean energy exports as countries seek alternatives to disrupted oil and gas supplies. Since Iran effectively blocked the strategic maritime route on February 28 following......

Microsoft pauses carbon credit purchases, shaking removal market

Microsoft has begun informing suppliers and partners that it is suspending future purchases of carbon removal credits, according to reports, a move that could disrupt a market heavily dependent on the company. Microsoft accounted for more than 90 percent of global carbon removal purchases last year.......

India to delay maintenance shutdown of 10,000 MW coal-fired power capacity to July

India has decided to postpone the planned maintenance shutdown of around 10,000 megawatts of coal-fired power generation capacity until July, in a move aimed at ensuring sufficient electricity supply during peak summer demand. The announcement was made by Piyush Singh, an additional secretary at the......

EDP chief says Middle East war boosting demand for renewable energy

The conflict in the Middle East is reshaping the global energy debate as rising oil and gas prices renew calls for a faster transition to renewable power. As the military confrontation involving the United States, Israel and Iran enters its second week, disruptions to fossil fuel supply chains have......