Global Scans · Energy · Weekly Summary

WHAT'S NEXT?: By 2025 solar energy will be the cheapest energy option globally. In 2040, oil and natural gas are expected to make up nearly 60 percent of global supplies, while nuclear and renewables will be approaching 25 percent. Improvements in energy efficiency in lighting and home appliances are expected to continue to push residential electricity use lower. The burning of coal will fall out of favor. Transportation energy consumption will be rising in correlation to growth in automated vehicles in the coming years.

• [New] Alongside the wide range of technologies that Energy UK represents, nuclear energy will be needed to meet growing demand as the UK electrifies its economy out to 2050. Energy UK
• [New] Greenvolt Group, through Greenvolt Power, is establishing a solar park which will be able to produce an estimated 99,000 MWh annually, which contributes significantly to Denmark's ambitions to increase the production of green, renewable energy. Caverion
• [New] In the energy sector, the action being assessed could be anything related to electricity generation or consumption, such as signing a new solar PPA or building a new data center. RMI
• [New] By strengthening multi-stakeholder collaboration, Nigeria can fully realize the potential of decentralized renewable energy, significantly boost energy access, and empower millions of underserved households and businesses. ITPulse.com.ng
• [New] The energy sector accounts for over 90% of overall battery demand, and the transition to cleaner power generation will require 1,200 gigawatts of battery storage capacity by 2030. ABC Money
• [New] The projected capacity of offshore wind power sources for the generation of new energies will be around 15,000 MW by 2035 and around 240,000 MW by 2050. LuatVietNam
• [New] California will be better positioned to export excess renewable energy and import clean energy from other states, reducing dependence on backup diesel generators and inefficient gas plants. Senator Josh Becker
• [New] Global demand for fossil fuels will peak before 2030, driven by rapid growth in renewables, the rise of electric vehicles, and improving energy efficiency. Yahoo Finance
• [New] With a target to produce five million metric tonnes per annum of green hydrogen by 2030, India is well-placed to harness its abundant natural resources and grow its renewable energy capacity to drive large-scale hydrogen production. Yahoo News
• [New] The global demand for lithium is expected to rise significantly, with the International Energy Agency projecting a fourfold increase by 2040 to meet electric vehicle and energy storage needs. PoweringAutos
• [New] Saudi Arabia's Vision 2030 is driving a shift away from oil dependence and paving the way for a more sustainable economy by calling for investing heavily in non-oil sectors such as renewable energy, tourism, and technology. New Spotlight Magazine
• [New] Electricity consumption is expected to increase by 50% by 2050, and energy storage, electric vehicles and microgrids are expected to play an important role in meeting that demand. Microgrid Knowledge
• [New] Increasing energy demand from AI and data centers is straining power grids, with some regions projecting up to 53% greater load by 2037. AMPLYFI
• [New] Green industrial parks could be one policy tool that would help Mexico to take advantage of its renewable energy potential, irrespective of the overall grid transition at large. Economics Observatory
• [New] Data centers - part of another energy-intensive industry - are already benefiting from Mexico's expanding renewable energy sector and could drive further relocation trends. Economics Observatory
• [New] Saudi Arabia's Vision 2030 offers opportunities for Indian investment in areas such as infrastructure, technology, and renewable energy. Republic World
• [New] Global population and economic growth, combined with rapid urbanization, will result in a significant increase in energy demand in the coming years. Precedence Research
• [New] By 2050, the global population will have increased by 33%, and economic growth means that energy demand could be five times higher than it is now. Precedence Research
• [New] Growth in electricity demand in the United States will be driven by a 300% rise in energy consumption by data centers and a 9000% increase in energy consumption required for e-mobility and charging, with overall electricity projected to grow from 21% of final energy use to 32% by 2050. Automation.com
• Appliance energy efficiency standards now in place are cumulatively expected by the Department of Energy to reduce U.S. greenhouse gas emissions by approximately 2 billion metric tons over 30 years. The Conversation
• The CYFIRMA Research team observed that a threat actor allegedly offers ERP access to companies in UAE, South Africa, India, Egypt, and the US, spanning several industries including hospitality, pharma, manufacturing & energy. CYFIRMA
• Solar energy is expected to become the main source of electricity in the U.S., surpassing coal. SIDE-LINE - Industrial, electro, EBM, post-punk, darkwa

Last updated: 25 April 2025