The Energy sector plays a pivotal role in economic and social development by supplying what might be described as the “flow of blood” to production and transportation systems. Its main objective is to ensure the reliable, affordable and clean energy needed by modern societies, thus contributing to well-being and prosperity around the globe.
The Energy sector involves the generation, transmission and distribution of electricity derived from a variety of sources, including fossil fuels, nuclear power and renewable sources. It also includes activities concerned with fuels themselves, which extend along the entire value chain, such as oil and gas extraction and transportation, coal mining, refining of petroleum products, and wholesaling and retailing of fuels.
Russia is one of the top producers and consumers of electric power in the world. The country has rich gas, oil, and coal reserves, and most electricity is generated by thermal power plants, although nuclear and hydropower also provide a ...
View more detailsIndonesia is the largest electric power producer in ASEAN, and the fifth largest in the Asia Pacific region (excl. China). At the same time, the gross value added (GVA) generated by the electricity supply sector accounts for just 1% of ...
View more detailsThailand is the third-largest power producer and consumer in ASEAN. The electric power sector takes 2.6% of the Thai economy, and contributes to about 0.3% of the overall employment. At the same time, the power sector is an important ...
View more detailsCoal power still has a towering presence in China’s electricity generation, but the share of nuclear and renewable energy keeps increasing as the country is changing course towards a cleaner energy mix. According to the International ...
View more detailsChina first identified low-carbon development as an important focus of economic transformation in its 12th FYP guidelines. This time, policymakers reiterated the need to accelerate the process with an aim to meet the carbon ...
View more detailsBrazil ranked fifth among the main global renewable energy producers in 2019, following China, the United States, Canada and Germany. Among the more traditional energy sources, Brazil is second only to China in hydropower and biomass ...
View more detailsThe electric power sector is usually one of the first industries that are affected by crises, and in Brazil it was no different. The 2015 recession had dampened growth and investments, but 2019 promised a solid recovery in years to come. ...
View more detailsAfrica’s renewable energy sector has experienced robust expansion over the past decade, with installed capacity increasing at a CAGR of by 6.6% in 2010–2019, according to data provided by the International Renewable ...
View more detailsMalaysia’s power market consists of three geographical markets, namely Peninsular Malaysia, Sabah (including Labuan), and Sarawak. Tenaga Nasional Bhd (TNB) is the main power company in Peninsular Malaysia, while ...
View more detailsIndia reported installed capacity from renewable energy sources as 77,641.63 MW in FY2019. The renewable energy installed capacity was 21.8% of total utility capacity. There is high demand for electricity in India and, with the growth ...
View more details