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Tag Archives: technology

Injecting hydrogen in natural gas grids could provide steady demand the sector needs to develop

Governments and utilities worldwide are looking to low- and zero-carbon hydrogen injection into the natural gas grid to displace fossil fuel consumption and reduce emissions. S&P Global Platts Analytics’ Scenario Planning Service took an in-depth look into this topic in an April special report, Hydrogen injection into California gas grid: a strategy to solidify demand to drive supply. Hydrogen has a much lower energy density than natural gas on a volumetric basis. For this reason,...

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Intel Reports Factors Operating With > 90% On-Time Deliveries

Intel reported AH and is trading down over 5 percent on weaker than expected margin guidance, or whatever you want to assign to the price noise. The outlook, at least to us, for the semis and the electronics industry, in general, is unclear, the electronics segment has benefited from the outbreak because of a surge in buying by both consumers and businesses in electronics equipment uncertainty about the pandemic, the recovery, and the sustainability of demand, it’s unclear if the...

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Creative Destruction 3.0 Meets Roaring ’20s 2.0

Creative destruction refers to the incessant product and process innovation mechanism by which new production units replace outdated ones. It was coined by Joseph Schumpeter (1942), who considered it ‘the essential fact about capitalism’. The process of Schumpeterian creative destruction (restructuring) permeates major aspects of macroeconomic performance, not only long-run growth but also economic fluctuations, structural adjustment and the functioning of factor markets.  At the...

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Five commodity themes for 2020

What will be the biggest drivers and concerns for global commodity and energy markets in 2020? S&P Global Platts president Martin Fraenkel shares his outlook. This year has been marked by a tug of war between geopolitical tensions and macroeconomic concerns, rangebound commodity prices and – perhaps most importantly – rising consumer awareness of climate change. As we look ahead to 2020, we think the year will bring some of these themes into even sharper focus. The upcoming US...

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The biggest challenges to decarbonization are still ahead

To achieve a clean and affordable energy supply, we will need the right balance of technology and regulation, writes Chris Midgley, global director of S&P Global Platts Analytics. This is the second article in a series looking at key energy sector trends, ahead of the S&P Global Platts Global Energy Awards. The Extinction Rebellion protests and the passionate pleas of Greta Thunberg for world leaders in politics and industry to take action on what they describe as the unprecedented...

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Beware Of Those Selling “Technology”

“3. And they said to one another, ‘Come, let us make bricks, and burn them thoroughly.’ And they had brick for stone, and bitumen for mortar. 4. Then they said, ‘Come, let us build ourselves a city, and a tower with its top in the heavens, and let us make a name for ourselves; otherwise we shall be scattered abroad upon the face of the whole earth.’” Genesis 11:3-4 (NRSV) Technology Technology can be thought of as the development of new tools. New tools enhance productivity and...

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The ‘Bots Are Coming For The Priests

Good, God! A mechanical ‘priest’ has recently begun conducting Buddhist prayers in Japan. It is not the first attempt to deliver religious teachings and advice through the use of a programmed machine. And Catholic Christians may soon find spiritual advice from a tiny 40-cm robot SanTO, developed by Gabriele Trovato, a roboticist and assistant professor at Japan’s Waseda University, after Trovato finishes perfecting his device in Peru. In Germany, there is a BlessU-2 robot that looks...

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Insight conversation: Jane Ren, CEO, Atomiton

Jane Ren, CEO of disruptive technology company Atomiton, talks to Paul Hickin about opportunities in the energy sector and the challenges faced by big oil. The mainstreaming of artificial intelligence and machine learning will have a profound impact on the industrial sphere, not least in energy industries. Whether companies are active in the upstream, midstream or downstream segment, they face enormous pressures to control cost while living up to societal demands for environmental...

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Commodity tracker: 6 charts to watch this week

The impact of air freight demand on jet fuel, a rally in Australian heavy crude prices, US soybean exports, buoyant silver, and bearish natural gas markets are all in the sights of S&P Global Platts’ editors this week. Here’s our weekly selection of unfolding commodities and energy market trends.  1. Stalling demand for air freight could hit jet fuel     What’s happening? A recent slide in global demand for air freight could be a harbinger of weaker jet fuel, despite current strong...

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