The foundation of AI is data and, based on the huge amount of it that utilities collect about customers, they’re well-positioned to deploy AI to improve customer care.

The typical customer only interacts with a utility intermittently, sometimes not at all for a year or two and typically only when there is a problem.

The 2030 target will become for the electricity sector to secure 70% from renewable energy. This will be coupled with energy efficiency measures reducing consumption by at least 35% over the same period.

There is a lot of opportunity for natural gas and LNG to make more of an impact on the global energy mix.

The recent rebound in domestic oil and gas consumption may be difficult to sustain over the rest of the year, as recent data for the China's economy suggests an uneven and difficult road to recovery that could weigh on energy demand.

Energy plays a strategic role in almost everyone’s thinking about the future of the U.S. economy.

Russian coal exports may fall by 10 to 22% in 2020

Говоря о ситуации на рынке нефти, глава Минэнерго России отметил, что с рынка уже ушло около 14-15 млн б/с нефти с учетом сделки ОПЕК+, а также падения добычи в других странах. Пока профицит составляет около 7-12 млн б/с, но Минэнерго России рассчитывает, что в июне-июле рынок сбалансируется благодаря росту потребления.

"When it comes to oil, there are signs that the market has tightened in recent weeks. The OPEC+ agreement, voluntary cuts outside OPEC-++, and production shut-ins are working together to start to rebalance the market. This will take time. As economies begin to open up, demand will follow, but the path to the next normal is not a straight line," Dr. Sultan Al Jaber, CEO of ADNOC Group and UAE minister of state said.

Одним из приоритетных направлений российско-турецкого сотрудничества в сфере энергетики, кроме того, остается проект сооружения атомной станции «Аккую», пуск первого блока которой намечен на 2023 год к 100-летней годовщине Турецкой Республики.

U.S. power grid weighted-average 5.8% decrease in demand for 2020 versus the same period in 2019.

Podcast/Audio - It's sad, but also topical and unavoidable. So in this, our thirtieth 'chinwag' podcast, Dr Massey and I decided to chat through what some of the implications of the virus might be for the clean energy sector.

Crude oil production from the major US onshore regions is forecast to decrease 197,000 b/d month-over-month in May from 8,019 to 7,822 thousand barrels/day, gas production to decrease 779 million cubic feet/day from 82,249 to 81,470 million cubic feet/day .

Under the baseline scenario, GDP growth in developed countries will plunge to –5.0 per cent in 2020, while output of developing countries will shrink by 0.7 per cent.

EIA expects U.S. total liquid fuels consumption will rise from an average of 15.9 million b/d in the second quarter of 2020 to 18.7 million b/d in the third quarter of 2020 and then to average 19.8 million b/d in 2021, up 8% from 2020, but lower than 2019 levels.