Lower-Carbon Future
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Snowflake Launches Energy Solutions for the AI Data Cloud to Accelerate Shift to a Lower-Carbon Future
Businesswire· 2026-01-27 14:01
Core Insights - Snowflake has launched new Energy Solutions aimed at unifying IT, OT, and business data to support predictive maintenance, grid optimization, and emissions reduction in the energy sector [1][2] - The solutions are designed to help power, utilities, and oil and gas companies modernize their operations and improve efficiency while moving towards a lower-carbon future [1][2] - Industry leaders such as ExxonMobil, Siemens, and PG&E are already utilizing Snowflake's platform to enhance operational resilience and navigate market volatility [1][2] Company Developments - Snowflake's Energy Solutions integrate governance capabilities, partner-developed solutions, and critical datasets into a single offering tailored for the energy sector [1] - The company has introduced over 30 new partner-built solutions that run natively on the AI Data Cloud, enhancing capabilities in areas like geospatial analysis and grid planning [1][2] - Snowflake's partnership with SAP allows energy companies to combine finance and supply chain data with operational data, improving insights for grid operations and asset planning [1] Industry Impact - The new solutions support critical energy use cases such as grid planning, asset health, and operational forecasting, indicating strong momentum in the energy sector [1][2] - Snowflake's platform enables energy companies to unify data and apply AI across various operations, leading to faster decision-making and improved sustainability outcomes [1][2] - The integration of advanced analytics and AI capabilities is seen as essential for energy companies to manage decentralized assets and optimize energy production [2]
Agilyx ASA reports Styrenyx analysis shows CO2 emission reductions of up to 86%
Prnewswire· 2025-08-19 06:10
Core Insights - Agilyx ASA's proprietary recycling technology, Styrenyx, can reduce CO2 emissions by up to 86% through the depolymerization of waste polystyrene compared to traditional fossil production methods [1][2]. Group 1: Carbon Footprint Analysis - A third-party reviewed Product Carbon Footprint report was commissioned by Agilyx to assess Styrenyx's environmental impact, following ISO 14067:2018 standards [2]. - The report indicates that when powered by renewable energy, Styrenyx can achieve a maximum reduction of 86% in carbon-equivalent emissions compared to fossil-based production [2]. - Even when using a standard electrical grid, Styrenyx can still save a minimum of 46% in carbon-equivalent emissions, surpassing the previously reported 38% savings [2]. Group 2: Industry Impact and Future Outlook - The advanced recycling technology of Styrenyx not only promotes a circular economy for plastics but also contributes to a lower-carbon impact, which is essential for addressing the plastic waste crisis [3]. - The company emphasizes the importance of investing in innovative solutions for plastic waste to build the necessary infrastructure for a sustainable future [3].