Artificial intelligence offers an opportunity to improve EV batteries

[ Artificial intelligence’s next target is the electric vehicle battery. Chemix, an AI-powered EV battery developer, has completed a US$20mil Series A funding round, led by Ibex Investors. The three-year-old startup will use the funding to scale its technology, which uses algorithms to design and optimise novel batteries for electric vehicle makers. As interest in … Read more

Oil steady as market weighs US demand concerns, Middle East conflict risks

[ SINGAPORE: Oil prices steadied on Thursday after settling lower in the previous day, as signs of retreating fuel demand in the U.S., the world’s biggest oil user, contended with widening conflict risks in the key Middle East producing region. Brent crude futures inched up 18 cents, or 0.2%, to $88.20 a barrel at 0630 … Read more

‘We are energy nerds.’ People are obsessing over home electricity gadgets

[ When Kevin Wood’s local utility started offering customers money in exchange for using less electricity, the father of one had a battle on his hands. Wood, who lives in Hampshire in southern England, was keen on realising savings while alleviating peak energy demand. But some things – like teenagers – are even harder to … Read more

AI computing is on pace to consume more energy than India, Arm says

[ AI’s voracious need for computing power is threatening to overwhelm energy sources, requiring the industry to change its approach to the technology, according to Arm Holdings Plc chief executive officer Rene Haas. By 2030, the world’s data centers are on course to use more electricity than India, the world’s most populous country, Haas said. … Read more

Joe Biden’s climate law not nearly sufficient

[ New York: President Joe Biden’s landmark climate law has mobilised hundreds of billions of US dollars in federal and private capital for clean energy. Yet, panelists at BloombergNEF’s summit in New York said money alone won’t supercharge the transition from fossil fuels. While the United States spent US$303bil on the energy transition last year … Read more

Malaysia needs up to RM90bil to fund critical energy projects in next 10 years

[ KUALA LUMPUR: Malaysia requires an allocation of RM60 billion to RM90 billion to fund critical projects involving energy transition over the next 10 years, said Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad. He said the requirements encompass expanding public transportation, strengthening grid infrastructure, and upskilling the workforce. “A crucial component will … Read more

One Couple's Quest to Ditch Natural Gas

[Two climate journalists decided to decarbonize their home. Here’s what happened. Read original article here Denial of responsibility! Genx Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are … Read more

UK’s greenhouse gas emissions fell 5.4% in 2023 on lower gas use

[ LONDON: Britain’s greenhouse gas (GHG) emissions fell by 5.4% in 2023, government data showed on Thursday, with less gas used to generate electricity and heat homes. The country’s target to reach net zero emissions by 2050 will require changes to the way people eat and travel, as well as how electricity is produced. “This … Read more