Market Moves: Energy - Feb 9th, 2024
 
 
The country remains behind on net-zero goals.
Market Moves: Energy | View online
 
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February 9, 2024
From the Editor

In this round of Market Moves Energy, we’re starting with big ideas: A real-zero future is on the horizon, but achieving it will require a mix of strategies including large-scale electrification, an underground grid, and maybe even AI. Is it possible to optimize both sustainability and profitability? The answer may lie in digital decarbonization.

In the LNG industry, a recent announcement by the Biden administration could significantly impact future plans and may lead to legal challenges. Meanwhile, a closing Japanese refining complex is being reimagined as a carbon-free hub and nuclear power could prove crucial in the development of data centers. 

If you enjoy being on top of the latest trends, try out the other Market Moves centered on EVs, infrastructure, cybersecurity and more right here.

– Jennifer Ramsay

 

The transition will require massive electrification in mobility, space conditioning and C&I processes.
Aveva Unified Supply Chain empowers users to find the most profitable and green operating scenarios at multiple sites by providing comprehensive results and rapid interpretations. Source: Aveva
Companies can prioritize both profitability and sustainability though process modeling and data analytics.
Photo 12400630, Brad Calkins, Dreamstime
Government initiatives help fund the energy transition, but companies lag behind in commissioning projects.
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The White House first announced it would pause approval of certain new LNG export authorizations in January.
Tennessee Valley Authority Browns Ferry Nuclear Power Station
Can nuclear successfully become the power generation of choice for data center sustainability?
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Operations at Idemitsu Kosan's Yamaguchi location will cease in March and the hub will open in 2030.
Photo 99257268, Jonathan Weiss, Dreamstime
The deployment of GridPoint Intelligence follows a successful 200-location pilot program.
Soldiers from the 14th FH working on the Microgrid System setup and connections during an operational test conducted by the U.S. Army Test and Evaluation Activity at Fort Stewart, Georgia on Nov. 5, 2023. (Photo Credit: Jose Rodriguez, U.S. Army Medical Center of Excellence)
The microgrid’s generators shut down if power demand drops, saving on fuel costs and reducing overall emissions.

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