Industry: Renewable power

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Renewables versus fossil fuels: Who is winning the funding battle?

Following the pandemic-induced recession and drop in investments in 2020, global investments in energy have increased. Investments in both fossil fuels and renewables have steadily increased, with renewable energy gaining the most. In fact, investments in renewable energy (solar and wind) are set to surpass oil and gas for the first time ever, with $494 […]

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The Inflation Reduction Act’s impact on energy

At the 2023 ADI Forum, Uday Turaga, CEO, ADI Analytics, discussed the impact of the Inflation Reduction Act (IRA) on the energy landscape. Even with aggressive energy transition scenarios, oil and gas would remain a material part of the energy mix by 2050. This would range from 20% in a net-zero scenario to 33% in […]

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2023 Energy transition outlook: A transformative year

The energy transition continued to move full steam ahead in 2022 with passage of the Inflation Reduction Act (IRA) in August 2022 kicking it into full gear. This monumental legislation supplemented the previous Infrastructure, Investments and Jobs Act (IIJA), passed in 2021 and provided unprecedented funding to clean energy and climate initiatives. These incentives include […]

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2023 LNG outlook: Will the sugar rush subside?

The global LNG market was influenced by some unprecedented factors in 2022. Europe significantly grew their LNG imports driving LNG prices to astounding highs. U.S. emerged as the top exporter in spite of an emergency shutdown at Freeport LNG. High shipping rates also plagued LNG markets along with limited supply and growing sustainability pressures. All […]

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Geothermal: Poised for growth or more of the same?

After nearly a decade of stagnant growth, geothermal energy may be poised for a period of growth again. New technologies, new investors, and technological innovations for geothermal systems including enhanced geothermal systems (EGS), supercritical geothermal, and advanced geothermal systems (AGS). A discussion of these systems can be found here. Changing Landscape One of the biggest […]

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New materials and chemistries for lithium-ion batteries

The surging prices and demand for lithium-ion batteries (LiBs) are a matter of concern for their end-use markets such as critical infrastructure, automotive electrification, renewables, and other smart devices. What makes LiBs a preferable choice is their longer life spans, faster charging, size customizability, low self-discharge rate, and extended run times. Exhibit 1 Surging LiBs […]

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The forgotten renewable: A review of geothermal energy

In the discussions of renewable energy, much of the conversation usually revolves around wind and solar. Often overlooked is the energy beneath our feet, geothermal, so much so that it is sometimes called the “forgotten renewable”. Geothermal, however, is a vast, largely untapped resource capable of supplying our power needs; in fact, it is estimated […]

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German energy markets: Between a rock and a hard place

Energy prices have soared throughout Europe since the beginning of the year. The crisis is particularly acute in the EU’s largest economy, Germany, which relies heavily on Russian gas for its economy. Recent events have exacerbated the problem and the German government is taking actions to combat the effects of the crisis on its people […]

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Inflation Reduction Act: Accelerating clean energy in the U.S.

On August 16 the Inflation Reduction Act (IRA) was signed into law by President Joe Biden, and is touted as the “largest federal investment” in clean energy and climate legislation history.  A key target for $369 billion of the IRA investment is reduction of CO2 emissions of 40% below 2005 levels by 2030. Although there […]

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Phillips 66’s strategy for green energy transformation

At the 2022 ADI Forum, Heath DePriest, VP of Emerging Energy at Phillips 66, outlined the company’s green energy vision during the Energy Transition panel, moderated by Uday Turaga, CEO of ADI Analytics. DePriest discussed Phillips 66’s strategic investments in both the molecule and electron sides of energy transition, including electrification, EV charging, battery technology, […]

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How Priority Power is navigating the energy transition

At the 2022 ADI Forum, Brandon Schwertner, CEO, Priority Power Management, discussed the company’s customer-centric approach to energy transition during the Navigating the Energy Transition panel, moderated by Uday Turaga, CEO, ADI Analytics. Schwertner emphasized that there was no one-size-fits-all solution, with Priority Power focusing on tailoring energy strategies based on client goals, consumption patterns, […]