CIO Business Intelligence
JANUARY 31, 2023
Energy Information Administration forecasts 47% higher global energy demand by 2050. [1] 2] But by 2050, as we collectively seek to meet net-zero targets, 90% of the world’s electricity is predicted to come from renewable sources. [3] The future is renewable Growth in energy demand is unlikely to change. EIA , October 2021. [2]
CIO Business Intelligence
AUGUST 28, 2023
A report from non-profit Endeavor predicts that the market size of Africa’s digital economy could reach $712 billion by 2050 , fuelled by the nation’s young population, rising smartphone adoption, and increasing internet penetration. These efforts are clearly working.
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IBM Big Data Hub
MARCH 8, 2024
Wind and solar photovoltaic (PV) power generation are forecast to exceed nuclear power generation in 2025 and 2026, respectively. Other incentives encouraging the production and use of solar power include feed-in-tariffs , tax credits and auctions in which solar power providers compete on energy market price to win contracts.
IBM Big Data Hub
MARCH 29, 2024
The grid itself must green to operate within the environmental, social and governance (ESG) objectives and become carbon neutral by 2050. Finding the right balance requires load forecasting and simulation to prevent net congestion. Economical optimization must factor in new market dynamics and ensure reliable operation.
IBM Big Data Hub
MAY 12, 2023
Its aggressive sustainability goals included achieving net zero emissions by 2050, making all packaging reusable or recyclable by 2025 and investing more than USD 3 billion globally over several years to drive momentum. Currently, data centers are a significant source of organizations’ energy usage and carbon emissions.
CIO Business Intelligence
JUNE 22, 2022
At the 2021 United Nations (UN) Climate Change Conference, commonly referred to as COP26, Thailand proposed the visionary Carbon Neutrality 2050 roadmap to address climate change, mirroring the milestone laid out by the European Union (EU). Carbon Neutrality 2050, and the Bio-Circular-Green Economic Model.
Anmut
NOVEMBER 10, 2020
In January, the European Parliament approved the EU’s Green New Deal – pushing for a climate-neutral bloc by 2050, April saw COVID-19 force oil prices below zero, and President Xi Jinping announced that China will hit net-zero by 2060 in September. Navigating a new political and economic landscape. Digital turbines reduce maintenance costs.
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