Global Scans · Energy · Weekly Summary

WHAT'S NEXT?: By 2025 solar energy will be the cheapest energy option globally. In 2040, oil and natural gas are expected to make up nearly 60 percent of global supplies, while nuclear and renewables will be approaching 25 percent. Improvements in energy efficiency in lighting and home appliances are expected to continue to push residential electricity use lower. The burning of coal will fall out of favor. Transportation energy consumption will be rising in correlation to growth in automated vehicles in the coming years.

• [New] Britain's largest electricity supplier Octopus Energy has signed a deal with Chinese wind turbine manufacturer Ming Yang Smart Energy 601615, which could see the first Chinese made turbines installed in Britain. TradingView
• [New] The U.S. Department of Energy today released a notice of funding opportunity for $46 million to accelerate the research, development, and demonstration of affordable hydrogen and fuel cell technologies. Energy.gov
• [New] The global demand for energy is expected to rise in the upcoming decades - by more than 50% until 2030. PubMed Central (PMC)
• [New] Geopolitical tensions have increased greatly this year, particularly in the Middle East, with the potential for disruptions to energy supplies and shipping that could have significant economic consequences. CEPR
• [New] The US relies heavily on natural gas due to its abundant domestic supply, low costs, and extensive infrastructure, ensuring energy security and supporting export potential. World Pipelines
• [New] Emissions We forecast U.S. energy-related carbon dioxide (CO2) emissions to increase by 1.5% in 2025, followed by a decrease of 0.5% in 2026. EIA - Energy Information Administration
• [New] By 2030, over 1 million new jobs could be created in clean industries, energy efficiency, and green transport - supported by revenue recycling, retraining schemes, and regional investment under the ETS. Climate Action
• [New] The world will need to invest $4.5 trillion annually in clean energy technologies by 2030 to stay on track for net-zero emissions. Seneca ESG
• [New] Solar energy-both utility-scale and distributed rooftop systems - is expected to drive nearly 80% of global renewable capacity growth through 2030, highlighting the rising importance of decentralized systems in the global energy transition. Seneca ESG
• [New] As one of the world's largest trading nations and a leading energy consumer, China recognises that the development of Arctic sea routes and resource exploitation could significantly influence its energy strategy and economic growth. Caliber.az
• [New] By 2030, China aims for its AI applications in the energy sector to reach a world-leading level overall, with a more advanced mechanism for coordinating computing power and electricity supply. Economic Times
• [New] South Korean battery manufacturer SK On will supply US company Flatiron Energy with battery storage systems with a total capacity of up to 7.2 gigawatt-hours by 2030. Battery-News
• [New] National energy rates would increase by an average of 9% to 18% by 2035. Yahoo Life
• [New] At a climate summit in January 2025, African leaders committed to bringing renewable energy capacity in Africa to 300 gigawatts by 2030. WTOP News
• [New] The Energy Information Administration expects U.S. electricity sales to rise from 4,097 billion kWh in 2024 to 4,193 billion kWh in 2025, with similar gains to follow. Forbes
• [New] Texas is thinking larger than life in terms of its sustainable energy missions and hydrogen's potential is being recognized. ECO News
• [New] With AI workloads forecast to consume 10% of global electricity by 2030, CRWV's energy-efficient data centers - optimized for Nvidia GPUs - offer a competitive edge over generalists like Amazon's AWS. 24/7 Wall St.
• [New] China just kicked off construction on a power project that could reshape what global energy looks like: the world's first large-scale turbine designed to run entirely on hydrogen. NewsBreak
• [New] By 2038, hydrogen fuel should account for 6.2% of the energy mix. GMK.CENTER
• Japan has launched the world's second osmotic power plant in Fukuoka, showcasing a new renewable energy technology that could complement solar, wind, and hydropower in its decarbonization strategy. oilprice.com
• To feed modern industry's growing appetite for rare earth elements and energy, demand for bulk cargo will surge by upwards of 50% over today's capacity and that shipping to move energy will nearly double by the middle of the 2030s. The Heritage Foundation

Last updated: 12 September 2025