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] Continued investments in renewable energy, battery storage, and smart grid technologies will help communities build more resilient and sustainable energy systems while supporting America's clean energy transition. Sol Setu
• [New] Microgrids will play a vital role in strengthening America's energy security while supporting clean energy goals. Sol Setu
• [New] Kenya's commitment to reducing greenhouse-gas emissions by 35% by 2035 involves significant strides towards a low-emission economy by 2050, impacting sectors like energy and agriculture significantly. GlobeNewswire
• [New] Data centers accounted for approximately 1.5% of global electricity consumption in 2024, with their energy demand projected to more than double by 2030. Nature
• [New] Restrictions on Russian oil and gas exports will continue to constrain traditional supply routes, accelerating Europe's shift toward alternative energy sources. ""
• [New] Electricity consumption is projected to grow at least 2.5 times faster than total energy demand through 2030. lithiumharvest.com
• [New] ONGC will build a 1.75 million-ton strategic petroleum reserve in Mangalore to strengthen India's energy security. More News From NowHere
• [New] Renewable energy is expected to account for the majority of new power capacity additions through 2030, supported by national energy security strategies and favorable policy frameworks across major economies. MarkNtel Advisors
• [New] AI-driven electricity demand is reshaping how digital infrastructure is powered, with data center energy use projected to more than double by 2030 to around 945 TWh [IEA]. Gastech Exhibition & Conference 2026
• [New] Emerging and high-growth economies are expected to account for around 80% of the rise in global electricity demand by 2030 [IEA], driven by energy security needs and industrial expansion. Gastech Exhibition & Conference 2026
• [New] Reducing methane emissions and routine flaring remains one of the most immediate and commercially actionable opportunities to lower emissions across the energy value chain, with the Global Methane Pledge targeting a 30% cut by 2030 and combined public and private funding surpassing US $1bn. Gastech Exhibition & Conference 2026

Last updated: 17 July 2026