Clean energy sources are focusing on the production of energy sources in 2024. Energy sources with fewer carbon emissions significantly impact the tech and energy sectors. Wind energy, solar energy, geothermal energy, and nuclear energy can become game changers in the future. The tech industry's primary focus is on artificial intelligence operations in 2024.

Data centers are driving more power due to AI-based computing. Hence, there is a massive demand for electricity to power data centers. Electricity from conventional energy sources raises climate change concerns. However, not much electricity can be generated from wind and solar energy. This is due to renewable sources' dependency on the climatic conditions to produce energy. Hence,…

Thailand's auto industry is facing specific issues with unsold electric vehicles. The country suffers from China's dominance in the auto industry. Thailand's domestic automotive industry will suffer significant losses from Chinese electric vehicle subsidies in 2024. Thailand is known for promoting sustainability in the automotive sector. However, this is the main reason behind the chaos in Thailand's domestic automotive industry in 2024.

Earlier, Thailand announced subsidy programs to make electric vehicles at budget-friendly prices. Thus, it cut the taxes on Chinese imports of electric vehicles. This led to electric vehicles being affordable for consumers. Thailand aims to be consumer-friendly and provide a cost-effective way of dealing…

There are numerous ongoing programs targeting to switch over to more environment friendly sources of energy including hydroelectricity and solar and wind power by 2024. It is expected that by the beginning of 2025, over one third of the world’s electricity will be derived from this source. This tendency will continue due to falling pricing and technological advancements. It is projected that solar energy will be at par with fossil fuels by 2024 as indicated by research findings. However, it was not so for solar energy in 2024there are no serious constraints for solar energy in 2024 but wind power had a hard time in 2023.

The efficiency of the wind energy sector has been hindered by factors such as inputs, labor, capital cost pressures,…

Climate change is a growing concern for the energy sector in recent years. Globally, nations are implementing regulations and laws to reduce harmful emissions. The enaction of such rules claims to bring significant changes in the energy sector by the end of 2050. It integrates several industries, such as automotive, oil and gas, and construction. The subsea market is a vital part of this energy sector. A survey in 2024 claims the subsea market may undergo substantial changes shortly

Research conducted on the subsea market reveals an annual growth rate of 10 percent from 2024 to 2027.

Leading companies in the energy sector claim an investment of USD 42 billion within this period in the subsea market. The subsea market experienced an…

Metal Market Insights

Artificial Intelligence Insights

The global energy sector has a significant shift with the clean energy transition. The developed nations worldwide are transforming the energy sector with cleaner power sources. All of these result in reducing carbon emissions in the environment. It reduces other harmful emissions from energy and the power sector as well. A survey in 2024 shows that an increase in the manufacturing rate of renewables can lead to certain risks in cybersecurity. The clean energy transition has led to a large amount of renewable production. Hence, it poses a specific threat to the cybersecurity world.

Global warming is a challenging phenomenon resulting in climate change globally. Developed nations worldwide are finding various solutions and implementing specific rules to check climate change. However, climate change results from the increasing number of harmful emissions in the air. Hence, the energy sector is finding ways to construct better roadways for cleaner energy consumption. One of these solutions is Geoengineering, which experiments with cloud brightening and injecting sulfur dioxide to lower the planet's temperature. A survey in 2024 shows that geoengineering experiments can lead to unnecessary consequences. Further, these results can affect the decarbonization process needed to alter climate change.

Decarbonization in the…

The United Kingdom's clean energy transition is climbing ladders significantly in 2024. The nation strides in its different motives to boost clean energy transition. The United Kingdom faces staunch disapproval from the coastal communities to build new wind and solar projects in 2024. The nation is becoming confused as specific communities encourage clean energy projects. Simultaneously, coastal communities disagree with the renewable power projects set up in 2024. The United Kingdom focuses on expanding clean fuel and energy to promote sustainability. The nation will reduce its dependency on fossil fuels by 2024. Hence, the UK aims to set up solar and wind projects on the premises of people's houses. These respondents oppose the solar and…

The United States is moving fast towards renewable production. Among several reasons behind this transition, green energy transformation is the major one. The United States drilling activities have reduced in 2024. However, natural gas production in the United States remains at an all-time high in 2024. Further, this leads to high electricity generation from natural gas. A survey shows that the United States will generate the highest electricity from natural gas in 2024.

Based on this survey's data, the United States' electricity generation from natural gas made new records in 2024. Firstly, the nation suffered staunch criticism for the highest natural gas production. It rose despite the drilling activities having decreased since the…

Major IT companies like Meta, Amazon, and other big tech companies face serious concerns about conflict minerals. Companies are making efforts to solve these issues in 2024. This is a severe concern globally for the tech sector in 2024. However, experts claim that if this issue is not solved, it may affect human rights. Therefore, it is necessary to set up a sustainable and ethical tech industry for more transparency in the market. 

In its Conflict Minerals Report (CMR) for 2023, Amazon admits that it cannot entirely rule out obtaining minerals from nine African countries where mining profits militias that violate human rights. These nations are Angola, Tanzania, Zambia, Rwanda, Burundi, the Democratic Republic of Congo, the Republic of…

The steel industry will gain momentum in 2024 due to various industrial applications. The steel industry is an important source for the manufacturing and construction sectors. Since the automotive industry sees potential growth in 2024, the steel demand will increase. China demands a heavy supply of steel to set up a secure metal stock. Chinese auto industry and construction companies are experiencing significant growth in 2024. Therefore, China is heavily funding Zimbabwe to set up a steel plant in 2024. A survey in 2024 reports that Zimbabwe will spend USD 1.5 billion to rebuild its steel plant in 2024. China finances Zimbabwe to revive its iron and steel industry.

Surveys on the steel industry show it is projected to experience positive…

Zambia is expanding its energy sector with an increase in copper mining. The global energy sector will further go through significant changes throughout 2024. The changing dynamics of the metal industry have brought several changes to the economic sector. The copper industry is booming in the energy sector due to the use of artificial intelligence in 2024. A survey in 2024 shows that artificial intelligence drives Zambia's copper demand.

Electric vehicles are gaining momentum due to the clean energy transition. Net-zero goals aim to set up electric vehicles (EVs) as the primary mode of transportation. Electrification in transportation can transform the automotive industry in 2024: Tesla, one of the central electric vehicle makers in the automotive industry.

A survey shows that Tesla's revenues in the second quarter of 2024 are anticipated to decline. Tesla will experience slow growth in the electric vehicle market in 2024. Hence, the company will go through decreasing profits in the 2024 market. The electric vehicle maker Tesla aims to focus on autonomy and artificial intelligence (AI) to boost EV sales. Tesla will deliver about 443,956 electric vehicles in the second…