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Dec 2, 2024 | 
enverus.com | Bryn Davies |Evan Michalec |Joseph Gyure |Carson Kearl
The Switch Competition is an exciting global event that brings together the brightest university students to tackle real-world energy challenges. This year, several members of Enverus had the privilege of participating as mentors or judges. Our support for the Switch Energy Alliance, a charitable organization that is dedicated to inspiring an energy-educated future that is objective, nonpartisan and sensible, aligns perfectly with our mission at Enverus – powering the global quality of life.
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Oct 10, 2024 | 
enverus.com | Andrew Dittmar |Amyra Mardhani |Bryn Davies |Carson Kearl
Energy industry consolidation continues with a recent surge in North American midstream M&A activity. Approximately $30 billion has been transacted in the U.S. and more than $2 billion in Canada year-to-date. A significant portion of this activity is driven by the strategic focus on expanding integrated gas processing and natural gas liquids (NGL) systems.
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Oct 10, 2024 | 
enverus.com | Bryn Davies |Carson Kearl |Amy Jovanovic |Amyra Mardhani
Enverus Intelligence® Research (EIR) expects that the number of electric vehicles (EV) will exceed 40 million, 20% of U.S. light-duty vehicles (LDV), and 80 million, 40% of LDVs, by 2035 and 2050, respectively. There are a variety of drivers that are taken into account to generate EIR’s load forecast. Charging behavior is one important driver in understanding EV impact.
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Oct 7, 2024 | 
enverus.com | Bryn Davies |Carson Kearl |Amy Jovanovic |Manas Trivedi
In the dynamic landscape of oil and gas operations, producers are constantly grappling with the critical challenge of optimizing asset development amidst the inevitable decline in production. This blog offers an in-depth recap of a recent, highly informative webinar hosted by industry experts Jeb Burleson and Brandon Guttery. They shared their insights on navigating this complex landscape, providing valuable strategies and solutions.
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Sep 11, 2024 | 
enverus.com | Erin Faulkner |Carson Kearl |Jeb Burleson |Maurice Smith
The emergence of AI is fueling a rapid expansion of data center capacity, which will significantly increase future energy demand. Enverus Intelligence® Research (EIR) forecasts data center power demand will grow by 14 GW from 2023 to 2030 in a base case scenario, amounting to 2 Bcf/d of natural gas power if fully serviced by gas-fired generation. Through 2050, growth in data center demand will require an additional 153 GW of capacity, according to the latest EIR projections.
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Sep 11, 2024 | 
enverus.com | Erin Faulkner |Carson Kearl |Maurice Smith |Jeb Burleson
The surge in electricity usage fueled by the need for data centers might not be as substantial as originally thought. When examining the log-log relationship between annual information consumption (measured in exabytes) and data-center power efficiency (expressed in exabytes per terawatt-hour), we observe that projecting efficiency gains into our model shows virtually no deviation from the historical trend (with an R-squared value of 0.99) from 2000-23 (Figure 1).
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Jul 2, 2024 | 
enverus.com | Manas Trivedi |Carson Kearl |Alex Nevokshonoff |Chris Griggs
Northeastern parts of the U.S. faced a major heatwave June 17-21. New England saw record-high temperatures across the region for several days. Major cities like Boston, Hartford and Providence faced intense heat and temperatures peaked into the mid-90s during evening peak load hours. Heat index was also high and ranged between 100°-110°. First impact of the heatwave was seen June 18, when temperatures moved up too much above seasonal range. This was one of the hottest days for New England in June.
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May 29, 2024 | 
enverus.com | Kevin Kang |Bryn Davies |Carson Kearl |Mac Graham
The oil and gas industry is no stranger to uncertainty. Producers contend with a myriad of challenges – everything from supply chain uncertainty, geopolitical shocks, ROI demands from investors and an unpredictable policy environment – so it’s no wonder a big industry focus is on creating efficiencies.
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Apr 19, 2024 | 
enverus.com | Chris Griggs |Kevin Kang |Carson Kearl
Europe’s energy market is weathering a storm of transformations. With natural gas inventory at peak levels thanks to a diversified supply chain and falling prices, traders and analysts face an evolving challenge unlike any other. Amid this flux, Enverus’s MarketView® emerges as a pivotal tool, tailored with 122 fresh gas, power and energy transition products for the European sector, enabling professionals to steer through the tumultuous market with finesse.
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Apr 4, 2024 | 
enverus.com | Phillip Dunning |Rob Allerman |Carson Kearl |Riley Prescott
Renewable integration has experienced a remarkable surge in Texas, with the installation of more than 9 GW of renewable capacity in 2023 alone. This additional renewable capacity has led to increased price volatility, which is advantageous for energy storage assets. As a result, there has been a significant increase in energy storage capacity with 2.7 GW of new installations.
