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.
Revenues from the production, distribution and trade of electricity stood at PLN 154.1bn in 2019 (latest available data), recording an increase of 15.4% y/y and corresponding to 6.7% of Poland’s GDP. In 2020, gross electric energy ...
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Mexico's electric power sector is at a crossroads. The sector experienced an investment frenzy after the passing of the energy reform in 2013, a constitutional amendment that opened electric power generation to private competition. However, ...
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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 ...
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Indonesia 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 ...
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Thailand 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 ...
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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 ...
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China 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 ...
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Brazil 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 ...
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The 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. ...
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Malaysia’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 ...
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