Gas, power and AI’s role in the new age of energy addition
Summary
The global energy demand is increasing, leading to a shift from focusing solely on fossil fuels to a broader energy strategy, including natural gas and renewables. Major energy companies like Shell, ExxonMobil, and QatarEnergy are adapting to these changes by increasing their production and infrastructure for liquefied natural gas (LNG). Artificial intelligence and other technologies are playing a role in this evolving energy landscape as they help manage complex energy systems.Key Facts
- Global energy demand is rising, affecting how energy companies plan for the future.
- Energy companies now describe themselves as "international energy companies" instead of just oil producers.
- Liquefied natural gas (LNG) demand is expected to grow significantly, reaching 600 million tonnes by 2030 and 800 million tonnes by 2050.
- QatarEnergy is planning to expand its LNG production and fleet of carriers.
- A partnership between ExxonMobil and QatarEnergy is creating a new LNG facility in the U.S.
- The demand for LNG has increased in Europe due to reduced pipeline gas from Russia, especially after the Russia–Ukraine conflict.
- Artificial intelligence is becoming important in managing complex energy systems.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
