Maximpact Blog

Annual AI Power Consumption Rivals That of an Entire Country 

AMSTERDAM, The Netherlands, October 12, 2023 (Maximpact.com Sustainability News) – The artificial intelligence (AI) industry could consume as much energy as a country the size of the Netherlands by 2027, new research shows. Data centers run 24/7; most are powered by fossil fuels. Today, the world’s data centers account for 1% of the global electricity demand, states the International Energy Agency, and about 4% of all greenhouse gas emissions, more than the aviation industry.

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Maritime Shipping: Energy Efficiency Rules the Bottom Line

By Sunny Lewis for Maximpact LONDON, UK, March 20, 2023 (Maximpact.com Sustainability News) – “The decline in private equity and venture capital dealmaking is widespread across sectors of the global economy, with just a few exceptions. One of them is energy efficiency,” declares the S&P Global Market Intelligence report published in November. Nowhere is energy efficiency […]

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Risky ‘Supertanker Trends’ Test Investors

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Climate change and artificial intelligence (AI) are reshaping the future of investing, finds a new research study released Monday by BNY Mellon Investment Management in New York and CREATE-Research based in the United Kingdom. The investors interviewed for the study have combined assets under management of US$12.75 trillion.

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How Artificial Intelligence Creates Smarter Buildings

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“Artificial intelligence or AI involves a computer’s ability to adapt to a situation and create a unique solution that was not directly programmed. The energy industry has been tapping into the innovative world of AI to learn how to improve processes, ensure energy resiliency and to enhance the customer experience, among other pertinent goals,” Chris Buzby writes on the Constellation Energy Resources blog.

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