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…

The airline industry faces climate change challenges in 2024 due to fuel-related issues in the oil and gas industry. Sustainable aviation fuel emerges as an essential component in the aviation industry. In order to ensure sustainability, integration of such clean fuel in the aviation industry is necessary. This is due to the high carbon footprints emitted from airlines with conventional fuel. A survey in 2024 shows that globally, airlines forecast that 99 billion gallons of fuel will be spent throughout the year. It indicates a high level of fuel expenditure compared to the previous year. Thus, it increases the demand for sustainable fuel in the aviation sector.

The 2024 survey shows results for previous years' fuel consumption in the…

The automotive industry faces changing dynamics at the industrial level. This is due to the fluctuating prices of vehicles, which will be accompanied by new incentives in 2024. A further study in 2024 shows that new car incentives struggle with increasing interest rates and inflation. It is the main reason behind consumers' reluctance to buy new cars.

Grids are an essential part of the renewable production process in the energy sector. It helps to transfer power to industries and homes. Grid-enhancing technologies (GETs) are an important solution to improve the transmission process. If renewable energy is not distributed over transmission, it may lead to overproduction. A survey in 2024 shows that grid-enhancing technologies can increase the efficiency of clean energy transition. Further, it can improve the capacity, reliability, and safety of previously existing transmission lines in the energy sector.

Grids-enhancing technologies are equally crucial alongside renewable energy generation. Advanced transmission technologies are necessary. Otherwise, it may lead to the mismanagement of…

Copper is an essential element in the energy sector. Its demand is growing significantly due to the clean energy transition in 2024. A survey conducted in 2024 shows that net-zero targets are driving the copper demand in the energy sector. Copper is widely used in industrial and manufacturing applications. The primary manufacturing market that copper influences is electric vehicles. Further, artificial intelligence's use drives the copper demand in the industry.

Copper's demand is growing globally, and the clean energy transition drives it heavily. The survey claims that the demand for copper worldwide is anticipated to increase by 40 percent. Net-zero ambitions can lead copper demand to double by the end of 2035. It is expected that…

The United Kingdom is increasing its clean energy goals in 2024. The nation strives to meet its clean energy ambitions in the next five years. Hence, it shows that the UK needs to implement specific rules and policies to increase the pace of clean energy transformation. The United Kingdom will implement wind power prices for its offshore wind power generation 2024.

According to a survey, the United Kingdom increased wind power generation in 2024. Within two months, from January to March 2024, wind power production increased electricity generation. Hence, electricity generation in 2024 will experience 39.4 percent of the contribution from wind power. It will help wind energy to become an essential source of clean energy production in 2024…

Geomagnetic storms in 2024 will affect America's power supply in the coming years. North America experiences geomagnetic storms, one after the other, within two months. The risk of geomagnetic storms is growing significantly due to increasing reliance on technologies. The tech sector is advancing gradually with artificial intelligence, machine learning, and others. Research indicates that geomagnetic storms can affect the American power supply in 2024.

A study shows that geomagnetic storms may devastate the United States capital, Washington DC, in 2024. The astronomical societies reported that Washington, DC, and Milwaukee are the worst-hit cities in the United States due to extreme space weather. Further, it shows that these cities of…

The green energy revolution in the energy sector is progressing rapidly in 2024. It is driving the global demand for renewables—renewable energy production results from the clean energy transition in the energy sector. Several innovations and developments are taking place to increase the efficiency of renewable production. Solar and wind are the significant renewables experiencing industry demand in 2024. A Massachusetts-based company, Mass Megawatts, announces a new solar device to increase the efficiency of solar panels in 2024.

The research digs into solar panels' functioning and finds the gap in introducing new solutions for the solar industry in 2024. Mass Megawatts announces a new solar photovoltaic concentration innovation to…

The AI landscape is rapidly evolving, with new large language models (LLMs) constantly emerging and competing for dominance in a market poised for explosive growth. While the generative AI market is estimated to grow from USD 40 billion in 2024 to USD 140 billion by 2030 at a high CAGR of ~40%.  One of the latest contenders to make a splash is DeepSeek, a Chinese AI startup that has been making waves with its impressive performance and cost-effectiveness. This article delves deep into the world of DeepSeek, comparing it with the established giant, ChatGPT, across various aspects, including performance, cost, architecture, and overall impact on the AI industry.

DeepSeek: New Disruptor

DeepSeek, developed by a Hangzhou-based research lab…

China is progressing in different industrial applications with its sky-high productivity of raw materials in 2024. China's announcement to ban rare earth elements exports significantly affects the energy sector. The nation's strong step to limit its expansion of rare earth elements suggests its competitive mindset. Hence, a ban on China's exports of rare earth elements will affect other developed economies' industrial sectors in 2024.

Rare earth elements are a group of seventeen metals used extensively in industrial production. Its application ranges from electric vehicles, smartphones, computers, lasers, defense technologies, missiles, and others. Hence, rare earth elements pose a wide industrial application. Further, its application in…