Global Scans · Energy · Weekly Summary

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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] Reaching net zero by 2050 will require 4,000 GW of energy storage - 50 times today's capacity - demanding $177 billion in annual investment. The Indian Express
• [New] Argentina offers significant business opportunities through initiatives like the Large Investments Incentive Regime, which encourages investments in key sectors such as mining, energy, and infrastructure by providing tax and regulatory incentives. World Law Group
• [New] Countries are investing in domestic energy production and renewable energy technologies to mitigate risks associated with global energy supply chains. Web3Wire
• [New] As the shift towards renewable energy accelerates, the need for skilled professionals will surge, presenting numerous growth opportunities and positioning India as a leader in the global energy transition and a hub for sustainable energy solutions. MIT OpenCourseWare
• [New] Beyond the traditional energy sphere, India is forging ahead in renewable energy, with companies spearheading investments in solar and wind projects, tapping into renewable energy opportunities. MIT OpenCourseWare
• [New] The focus of the CEPA talks will be on securing a stable supply of critical minerals for India's growing EV, renewable energy, and electronics sectors. 99Notes Best IAS Coaching Delhi
• [New] As India and the world move towards a more sustainable future, renewable energy will play a pivotal role in ensuring a cleaner, greener, and more prosperous planet for future generations. Drishti IAS
• [New] Copper demand in India is projected to rise by about 7% due to increased consumption in renewable energy and infrastructure development. The Economic Times
• [New] A digital spine is data sharing infrastructure, which will be critical to the digitalization of the energy sector, a process that could improve energy security and help deliver net zero by 2050 at a lower cost to the consumer. Current News
• [New] All eight Great Lakes states have some type of clean, renewable, or alternative energy goal, and five of the eight Great Lakes states have a commitment to reach 100% clean or renewable energy by 2040 or 2050. Center for Water Policy
• [New] As the world moves toward clean energy and electric vehicles (EVs), lithium demand has skyrocketed, making lithium stocks an attractive investment opportunity. TechBullion
• [New] Most of Southeast Asia is increasingly turning to nuclear energy, both for its power generation potential and because it is seen as a way of achieving the target of net zero emissions by 2050. Yahoo News
• [New] As India transitions to cleaner energy, projects like Parbati-II represent both opportunities and lessons in balancing infrastructure with sustainability. Raman Academy
• [New] By 2025, smart grid technologies and AI-driven energy management systems will be indispensable for integrating and optimizing renewable energy. Renewable Power Insight
• [New] Pacific Energy's new wind-solar-battery facility will support AngloGold Ashanti's strategy to reduce its global net carbon emissions from energy use by 30% by 2030, as part of its roadmap to achieve net zero carbon emissions by 2050. Global Mining Review
• [New] AI-Driven Energy Optimization: Microsoft employs AI to predict and optimize energy consumption in real-time, reducing waste and improving sustainability. Aptly Technology Corporation
• [New] Energy use will double by 2026, driven by growing demand for cloud, AI, and big data. Aptly Technology Corporation
• [New] The company that runs the Kenyan mine, Gridless, sees an opportunity to use mining's vast appetite for power to drive the development of renewable energy in rural Africa. The Christian Science Monitor
• [New] As more investors recognize the opportunities in Cambodia's renewable energy sector, we anticipate increased capital inflows that will drive additional green projects. Cambodia Investment Review
• [New] Saudi Arabia's Vision 2030 aims to generate 50% of its electricity from renewable sources, while the UAE's Energy Strategy 2050 targets 44% clean energy in the energy mix. pv magazine International

Last updated: 04 April 2025