Keywords: Energy demand


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......

BlackRock foresees record AI infrastructure boom propelled by hyperscaler investments

Global asset manager BlackRock predicts that the wave of investment driving artificial intelligence infrastructure will not slow down anytime soon. The firm describes the surge as a “traditional picks and shovels capital expenditure supercycle,” signaling its belief that the real beneficiaries......

Morocco's untapped gas potential faces mounting domestic demand

Despite active exploration efforts and international investment, Morocco's quest to develop substantial natural gas resources continues to yield modest results in the face of rising domestic energy consumption. Sound Energy CEO Graham Lyon highlighted the challenges and opportunities in the country's......

Global natural gas consumption hits record in 2024

Global natural gas consumption reached a historic high in 2024, according to the International Energy Agency (IEA), which anticipates a "tight" market in 2025. The world consumed 115 billion cubic meters more natural gas than in 2023, a 2.8% increase, well above the average growth rate of 2%......