Industry: Power Generation

AI is transforming electric utilities’ energy transition by optimizing grid management, renewable integration, asset maintenance, grid integrity, and smart building efficiency.

The clean energy revolution is upon us, and the U.S. grid is feeling the growing pains. A staggering 2,600 gigawatts (GW) of renewable energy projects, primarily solar and wind, are lined up waiting to connect to the grid . This clean energy tsunami is more than double the existing generating capacity in the U.S., signifying […]

Natural gas prices are hitting rock bottom, with Henry Hub averaging a mere $1.49 in March 2024, the lowest monthly average since 1997. Shale operators are responding by curtailing production. Chesapeake, a leading producer, started the trend with cuts announced in early March. Other companies like Coterra Energy, Comstock Resources, EQT, and CNX Resources have followed suit, reducing drilling activity or implementing production curtailments. ADI anticipates […]

Electricity demand is rapidly growing across the globe. We see that global investment in electric utilities is increasing with almost 7% annual growth to ~$1,500 billion in 2030. These investments in electricity sector worldwide, particularly the push for greener energy, stands out as a crucial driver behind the demand for smart grid infrastructure. Green power […]

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 […]

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 […]

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 […]

At the 2024 ADI Forum, Uday Turaga, CEO, ADI Analytics, presented the energy transition outlook. Key topics included the persistent role of oil and gas, the impact of policies like the IRA on clean energy, and challenges in commercializing new technologies beyond just capital. Themes highlighted evolving energy economics, underestimation of risks by incumbents, and […]

At the 2024 ADI Forum, Brandon Schwertner, CEO, Priority Power, and Jane Zhang, Business Fellow, Breakthrough Energy, joined moderator Uday Turaga, CEO, ADI Analytics for the renewable power and energy storage panel. Key topics included energy demand moderation via efficiency gains, particularly in buildings, and a shift towards decarbonization and grid resiliency. The discussion also […]

The ripples in the global LNG markets induced by geopolitical conflict seemed to have died down and greater import and export capacity coupled with continued growth in the share of renewable energy will result in a relatively stable yet uncertain LNG market in 2024. Key trends to look out for include the following: Global LNG […]

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.: […]

As electric vehicles (EVs) gain momentum in reshaping the automotive landscape, it’s imperative to confront the practical challenges. The anticipated surge in EV adoption, projected to account for 33% to 50% of new car sales in the U.S. by 2030 (up from ~7% in 2022), raises critical concerns for the power grid. In 2022, EVs […]