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AI, Cryptocurrency Will Double Data Center Energy Consumption by 2026
AI, Cryptocurrency Will Double Data Center Energy Consumption by 2026 According to the IEA, electricity consumption from data centres, artificial intelligence (AI) and the cryptocurrency sector could double by 2026. Factor in the global push to EVs. Please consider the International Energy Agency IEA Electricity Analysis Report 2024-2026. IEA Notable Points Global electricity demand rose moderately in […]
Today’s Energy Predicament – A Look at Some Charts
Today’s Energy Predicament – A Look at Some Charts Today’s energy predicament is a strange situation that most modelers have never really considered. Let me explain some of the issues I see, using some charts. [1] It is probably not possible to reduce current energy consumption by 80% or more without dramatically reducing population. A glance […]
Visualizing America’s Energy Use, in One Giant Chart
Visualizing America’s Energy Use, in One Giant Chart Have you ever wondered where the country’s energy comes from, and how exactly it gets used? Well now, thanks to Visual Capitalist’s Jeff Desjardins, we have the answer as The Lawrence Livermore National Laboratory (LLNL) crunches the numbers every year, outputting an incredible flow diagram that covers the broad […]
Coronavirus Could Crush Natgas Market Amid Collapsing Chinese Demand
Coronavirus Could Crush Natgas Market Amid Collapsing Chinese Demand Last week we warned that the drop in Chinese petroleum consumption could spark one of the “biggest shocks to oil markets since the Lehman crisis.” Now it seems the fast-moving contagion has spread to liquefied natural gas (LNG) markets, Fitch Ratings detailed in a new report. LNG markets […]
The true feasibility of moving away from fossil fuels
The true feasibility of moving away from fossil fuels One of the great misconceptions of our time is the belief that we can move away from fossil fuels if we make suitable choices on fuels. In one view, we can make the transition to a low-energy economy powered by wind, water, and solar. In other versions, […]
Economic Breakdown Starts In East Asia due to Collapsed Births & Childbearing Populations
Economic Breakdown Starts In East Asia due to Collapsed Births & Childbearing Populations The floor under the East Asia neighborhood (consisting of China, Japan, South / North Korea, Taiwan, & Mongolia) is about to fall away. These nations (combined) equal slightly more than 20% of the global population and consume 27% of total global energy. From […]
Every Big Bit Helps
Every Big Bit Helps The post describes how new supercritical CO2 Brayton Cycle turbines may revolutionise the efficiency of electricty generation. Background image, existing Rankine Cycle steam turbine. Foreground, Brayton Cycle turbine with same power rating. Let’s say you and I need to move 1 million tons of sand. You show up to the site […]
Global Energy Consumption Soars To New Heights
Global Energy Consumption Soars To New Heights This week the 2018 BP Statistical Review of World Energy was released, which covers energy data through 2017. It is the definitive source for global energy production and consumption figures, and a primary source of data for numerous companies, government agencies and non-government organizations. I will take a […]
“Will The Real Global Economy Please Stand Up”
“Will The Real Global Economy Please Stand Up” To say I’ve become skeptical of “markets” and their movements is probably an understatement. However, rather than waste more time trying to make sense of these skewed markets, I believe real economic activity is more accurately represented by changing populations and their energy consumption. So today, we’ll play a little […]
Our Energy Problem Is a Quantity Problem
Our Energy Problem Is a Quantity Problem Reading many of today’s energy articles, it is easy to get the impression that our energy problem is a quality problem—some energy is polluting; other energy is hoped to be less polluting. There is a different issue that we are not being told about. It is the fact that having […]
The Approaching US Energy-Economic Crisis
The Approaching US Energy-Economic Crisis I was recently asked to give a talk called, “The Approaching US Energy-Economic Crisis.” In other words, how might the United States encounter problems that lead to a crisis? As we will see, many of the problems that could lead to a crisis (such as increased wage disparity and difficulty in collecting […]
Contemplations for a Sunday (unless you can’t get around to it til Monday)
Contemplations for a Sunday (unless you can’t get around to it til Monday) Some simple themes today… Population growth, economic growth, and resultant energy consumption are inexorably slowing. The Federal Reserve knows it can not stop this and is simply slowing the inevitable with interest rate cuts to incent greater consumption via skyrocketing credit/debt (particularly government debt….debt that is undertaken with […]
Energy Consumption vs. Core Populations – Trending Down Together
Energy Consumption vs. Core Populations – Trending Down Together In this article, I want to spend a little time reviewing two of the most relatively reliable data sets, population size/growth and energy consumption/growth. I’ll compare the total energy consumption of nations / groupings of nations vs. their core (25-54yr/old) employed populations and total core (25-54yr/old) populations. What’s the […]
