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.
Indonesia is the largest electric power producer in the ASEAN region. In spite of this, in 2015 the country had an electrification rate of 88.3%, lagging behind neighbouring Singapore, Malaysia and Thailand. The government targets a 99.4% ...READ MORE
Malaysia is self-sufficient in terms of power generation, with natural gas and coal being the main fuels used in power generation. The Malaysian market comprises three main utilities companies that have the largest market share in the power ...READ MORE
The Hungarian electric power market is middle-sized compared to other European markets. The electric power sector is mature, meaning that all major power stations and the transmission network have been built and that electricity supply is stable. ...READ MORE
In 2015, the electric power sector of Mexico accounted for 1.5% of the country’s GDP and for 2% of the total foreign direct investment. Over the period 2011-2015, domestic power consumption expanded at an average rate of 2.4% per year, driven ...READ MORE
Brazil is the world’s leader in renewable energy power generation. Notably, at the end of 2015, renewable energy sources accounted for 70.4% of the installed capacity and for 75.9% of the power generation in the country. Although hydropower is ...READ MORE