Industry: Industrials & Digital

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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 […]

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Emerging low-carbon ammonia supply in the U.S.

Ammonia is mainly used in fertilizer production which represents ~70% of global ammonia demand. A rising population is expected to support consistent ammonia-based fertilizer demand growth in the medium term. Traditionally, ammonia has been produced via steam methane reforming (SMR) or auto-thermal refining (ATR) of methane gas which can emit 1.9 to 2.6 tons of […]

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LNG export permit pause: Market implications

The Biden Administration’s recent pause on permits for LNG exports to non-FTA countries has sparked industry-wide debate. While motivated by climate concerns, the pause could delay the retirement of coal-fired plants in emerging economies, paradoxically slowing greenhouse gas (GHG) reductions. The U.S. has successfully cut its CO2 emissions by 18% since 2005, largely by switching […]

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AI innovation in energy and chemicals

At the 2024 ADI Forum, George Skoptsov, CEO, H Quest Vanguard; Brendan Walsh, Sales Director, Americas, Origina; and Anahita Khanlari, Marketing Director, AspenTech, joined Uday Turaga, CEO, ADI Analytics, for the innovation panel. Key topics included the integration of AI and digital technologies into traditional industries such as energy and chemicals. The discussion explored how […]

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How digitalization is transforming the oil & gas industry

At the 2024 ADI Forum, Sheldon Harbinson, VP, Americas, CMG; Soudip Chowdhury, CEO, Eugenie; and Rohan Irvin, Senior Engineer, ResFrac joined Panuswee Dwivedi, Project Manager, ADI Analytics, for the panel on digital in oil & gas. Key topics included the accelerating digitalization of the oil and gas industry for efficiency and sustainability. A central theme […]

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2024 Energy transition and climate tech outlook: Steady growth

While the broader sentiment around energy transition turned more pessimistic in 2023, investments in clean energy and related technologies still increased by more than 20%. This included renewables, biofuels, and a wide range of low-carbon solutions. Despite this growth, we anticipate a more measured pace of progress in 2024, as reflected in the following themes: Overall, 2024 shapes up to be a […]

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2024 Upstream outlook: Opportunities, growth, and industry trends

In 2024, the upstream oil and gas industry is expected to experience notable changes influenced by developments in 2023. From the ongoing wave of consolidation and the maturation of the U.S. shale sector to pivotal shifts in Latin America, Africa, and Asia, the industry is adapting to new dynamics. Technological advancements, particularly in digitalization and […]

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Cementing a greener future

Cement, a fundamental building block of modern construction, has long been integral to the development of infrastructure worldwide. Today, concrete made from cement is the most consumed material after water. However, its vital role comes at a significant environmental cost. The production of traditional cement, also known as Ordinary Portland Cement (OPC) is highly energy […]

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Companies are looking to monetize GHG emissions

In line with the Paris Agreement’s targets of reducing greenhouse gas (GHG) emissions by 45% by 2030 and reaching net zero emissions by 2050, companies across the world are looking for ways to reduce their emissions. There are some seeing this trend as an emerging market and are working to monetize other companies’ carbon emissions. […]

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The rising tide of capital investments in U.S. utilities

The U.S. energy landscape is undergoing a significant transformation leading to an impressive increase in capital expenditure (capex) in the utility sector. This upsurge in investment is fundamentally changing how energy is generated, transmitted, and consumed throughout the country. Several tailwinds are propelling the growth of capital investments in the utility sector in the U.S.: […]

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Leveraging digital tools and modeling for shale resource evaluation

At the 2023 ADI Forum, Uday Turaga, CEO, ADI Analytics; Sheldon Harbinson, VP, Computer Modelling Group; Allie Thurmond, Asset Manager, US GoM Exploration, Equinor; and Maryam Schellstede, SVP of Planning and Development, University Lands participated in discussions on digital transformation in energy, highlighting the shift from siloed technologies to integrated end-to-end solutions. While adoption had […]

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The promise of Stable Saltwater Reactors

Advancements in nuclear technology continue to shape the future of energy production, balancing the scales between safety, efficiency, and economic feasibility. In the previous blog post, we’ve delved into the realm of Small Modular Reactors (SMRs). Now, we turn our attention to one of the most promising innovations within this domain, the Stable Saltwater Reactors […]