Articles tagged with "energy-forecast"
Peak Oil Is Not Dead: Reviewing the IEA's World Energy Outlook for 2025 - CleanTechnica
The article from CleanTechnica critically examines the International Energy Agency’s (IEA) World Energy Outlook 2025, particularly addressing the recent media hype claiming that “Peak Oil” is dead due to forecasts of oil demand growing through 2050. This interpretation stems from the IEA’s reintroduction of the “Current Policies Scenario” (CPS), which assumes no new climate policies beyond those already enacted, leading to continued oil demand growth. However, the article emphasizes that this scenario is politically influenced, notably by U.S. government pressure under the Trump administration, which reversed prior climate initiatives and pushed the IEA to include a more oil-positive forecast. In contrast, the “Stated Policies Scenario” (STEPS), which accounts for announced but not yet implemented policies, still predicts oil demand peaking around 2030 and then declining, consistent with previous outlooks. The article argues that forecasts based solely on current policies (CPS) are increasingly obsolete because they fail to capture the dynamic
energyoil-demandIEA-World-Energy-Outlookpeak-oilrenewable-energyclimate-policyenergy-forecastData center energy demand forecasted to soar nearly 300% through 2035
A BloombergNEF report forecasts that data center electricity demand will nearly triple by 2035, rising from 40 gigawatts today to 106 gigawatts. This surge is driven by the construction of significantly larger facilities, many located in rural areas due to urban site scarcity. Currently, only 10% of data centers consume over 50 megawatts, but future centers are expected to average over 100 megawatts, with nearly 25% exceeding 500 megawatts and some surpassing 1 gigawatt. Additionally, data center utilization rates are projected to increase from 59% to 69%, largely fueled by AI workloads, which will account for nearly 40% of total compute. The report highlights a sharp upward revision from earlier forecasts, attributed to a doubling of early-stage projects between early 2024 and 2025. Much of the new capacity is planned in states within the PJM Interconnection region—such as Virginia, Pennsylvania, Ohio, Illinois
energydata-centerselectricity-demandenergy-consumptionAI-computingpower-infrastructureenergy-forecastHeat Waves — U.S. Electricity Peak Demand Set New Records Twice in July - CleanTechnica
In late July 2025, electricity demand in the contiguous United States reached record highs on two consecutive days, driven primarily by intense heat waves that increased cooling needs. On July 28, the coincident peak demand hit 758,053 megawatts (MW) between 6:00 p.m. and 7:00 p.m. Eastern Time, followed by an even higher peak of 759,180 MW on July 29. This latter figure surpassed the previous record set on July 15, 2024, which was 745,020 MW, marking a 1.9% increase. The U.S. Energy Information Administration forecasts that electricity demand served by the power sector will grow at just over 2% annually through 2025 and 2026. Growth is expected to be particularly strong in regions with expanding data centers and manufacturing, such as Texas and Northern Virginia. The reported coincident peak demand reflects a simultaneous snapshot across the entire Lower 48 states, though
energyelectricity-demandpeak-loadUS-energy-gridpower-sectorenergy-forecastclimate-impactU.S. EIA Forecasts World Oil Consumption Growth to Slow Amid Less Economic Activity - CleanTechnica
energyoil-consumptioneconomic-growthglobal-tradecrude-oilenergy-forecastU.S.-EIAUS EIA Forecasts World Oil Consumption Growth to Slow Amid Less Economic Activity
energyoil-consumptioneconomic-growthglobal-tradeenergy-forecastcrude-oilliquid-fuels