The choice between technical service contracts (TSCs) and production sharing contracts (PSCs) can significantly impact the development of a country’s oil and gas industry. Technical service contracts (TSCs) are agreements where a company provides technical expertise and services to the state-owned oil company in exchange for a fee. This model can be particularly attractive when […]
Can new technologies improve data center efficiency and moderate explosive growth in power demand?
Why do data centers need better cooling? Data centers are the foundation of digitalization. These facilities are the physical locations that hold the servers used for AI processing and cloud computing. Skyrocketing demand for AI is resulting in a race to build new data center capacity. However, today’s data centers are an order of magnitude […]
How U.S. states are reshaping plastic waste management
California signed the Plastic Pollution Prevention and Packaging Producer Responsibility Act (SB 54) into law in June 2022 to reduce plastic waste generation and increase recycling in the state. The law sets plastic source reduction goals, imposing strict compliance, reporting, and fee requirements on manufacturers, distributors, and retailers of single-use packaging and other covered materials. […]
AI and digital twins are reshaping industrial manufacturing
The industrial sector is capitalizing on AI’s ability to process large amounts of data. Digital twins, internet of things (IoT), generative AI, and machine learning (ML) are all being used by industrials to improve and automate their operations. Specifically, industrials are using AI to enhance product development, optimize production planning, improve supply chain management, and […]
Creating a reliable and efficient grid with AI
Recent developments in AI are changing how the electric utilities sector approaches energy transition. The processing power of AI will be essential in managing the grid as renewables account for a larger share of energy supply and access to reliable power becomes even more important with growing demand from electrification. Specifically, AI is helping electric […]
AI is accelerating R&D, capital projects, logistics, and operations in chemicals
Like many industries, the chemical industry is benefiting from advancements in artificial intelligence (AI), machine learning (ML), and cloud computing capabilities. Both large tech companies and small startups are capitalizing on the capabilities of AI to spur development in the chemical industry. Research and development, process design, supply chain management, and predictive maintenance are the […]
How large can the AI market grow?
Recent developments in artificial intelligence (AI), machine learning (ML), cloud computing, and other technologies are leading to rapid implementation in various industries around the world. These developments have only been possible due to recent increases in computing power and availability of vast datasets needed to train AI programs. This along with improved algorithms for training […]
Key drivers for SCR systems for NOx removal
Traditional power plants produce a mix of toxic gases as they burn fuels such as coal and natural gas for power. These emissions include greenhouse gases like carbon dioxide (CO2), methane (CH4), and acid rain-forming oxides of sulfur (SOx) and nitrogen (NOx). NOx can cause severe respiratory problems, stimulate algae growth in waterways decreasing water […]
What goes into making a Techno-Economic Analysis
A techno-economic analysis (TEA) is a very useful tool to evaluate the economic performance of an industrial process or product. The TEA can be used to study the impacts of implementing a new technology into a current process, optimize existing processes, or to evaluate the economic feasibility of a process before an investment is made. […]
Energy policy proposals of the U.S. presidential candidates
With the 2020 presidential election right around the corner, ADI Analytics has summarized the proposed energy policies of Donald Trump and Joe Biden. Our summary is based on the candidates’ energy policies from their websites and comments on energy issues from interviews and speeches. To the extent possible, policy proposals have been summarized in the […]
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