In 2021, the global economy emerged from the COVID-19 pandemic, as well as various supply chain disruptions and extreme weather events. However, it suffered from a prolonged energy supply crunch caused by rising power and fuel prices. As 2022 comes to a close, here is...
We’ve all seen how quickly technology can change industrial, economic, and social landscapes. Even in our lifetime, many of us have witnessed dramatic changes. These changes are exponential, courtesy of the extended lifespans that come with medical innovations. Some...
Companies that specialize in trading, buying, and selling different assets are known as commodity trading firms. In other words, these companies focus on physical inventory and its potential value. Global commodity trading takes this concept to a whole new level,...
A smart energy grid is a two-way electrical framework that relies on Big Data Analytics and IoT technologies to enable smart metering of electricity. The advantages of smart grids include a more efficient method of electricity transmission, a quicker containment and...
Though the general state of the energy industry is in constant flux, from changing oil prices to the rise of more affordable renewable energy, natural gas has been long thought of as a viable option to improve decarbonization. As such, it is likely that it is not...