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.
The coal mining sector accounted for around 1% of both Poland's GDP and the total employment in the country in 2017. The sector's importance for the Polish economy - tremendous during the communist regime and in the first years after the start of ...View more details
Being the world’s second-largest economy, China relies heavily on natural resources, which are essential for the country’s sustainable development. The rising energy consumption has already made China the world’s largest producer ...View more details
Colombia ranked sixth in terms of power generation in Latin America in 2017, accounting for 4.6% of total regional output during the period. Hydropower is by far the leading electric energy source in the country with a share of 69.6% of total ...View more details
Brazil is the world’s second largest producer of ethanol and biodiesel, and a pioneer in developing biofuels as an economically viable alternative to fossil fuels. The main biofuels in the country are sugarcane ethanol – comprising ...View more details
A home to 7.5% of the world’s oil reserves and 7.1% of the global natural gas reserves, Africa is an important player in the hydrocarbon industry. The continent’s share in global oil production stood at 8.7% in 2017, slightly up from 8.4% ...View more details
Mexico remains a regional leader in electricity generation. The positive results of the energy reform continue, on its way to Mexico’s energy independence and integration of clean energy sources. The wholesale market keeps attracting investment ...View more details
Coal 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 Energy ...View more details
Turkey ranks 10th in the world in terms of mineral diversity, holding 0.4% of the global metallic mineral reserves, 2.2% of the industrial raw material reserves and 1% of the coal reserves, according to data provided by the Turkish energy ministry ...View more details
As the world’s most populous country with a fast-expanding economy, China is a major energy consumer. The country was the second-largest consumer of crude oil and the third biggest consumer of natural gas in 2017. China is also a significant ...View more details
India has abundant mineral resources and is a leading global producer of many minerals. In 2017, the country ranked as the world’s fifth-largest iron ore, fourth-largest coal, and third-largest chromium producer. The country also occupies ...View more details