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.
In 2018, Colombia was the sixth largest power generator in Latin America, ranking below countries with similar population levels, such as Argentina and Venezuela. This is mainly a result of the wide disparities in electricity coverage between large ...View more details
The Russian electric power sector contributes an approximate 2.5% share to the economy in terms of nominal GVA and provides jobs to about 2.5% of the country’s workforce. Russia relies on thermal power sources to generate most of its ...View more details
After the passing of the energy reform at the end of 2013, Mexico’s electric power sector experienced positive results. Between 2014 and 2018, power generation grew at a CAGR of 3.1%, supported by a stable 1.7% average annual increase in ...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
Brazil ranked third globally in 2018 in terms of installed capacity from renewable energy sources, after only China and the United States. It is first by installed biomass capacity, second in terms of hydropower capacity, and eighth regarding wind ...View more details
India ranked fifth in renewable energy installed capacity in the world in 2018. Renewable energy sources accounted for around 20.1% of total installed electricity generation capacity in India by the end of FY2018. Wind energy is the dominant form of ...View more details
Africa’s renewable energy sector experienced its strongest year in 2017, in line with the global trend. The cumulative end-year capacity of the sector expanded by 12.5% y/y to 42.7 GW, outpacing the global growth rate of 8.5% y/y, according to ...View more details
Malaysia’s power sector is divided into three sub-markets, namely Peninsular Malaysia, Sabah (including the federal territory of Labuan), and Sarawak. Tenaga Nasional Bhd (TNB) is the main utility in Peninsular Malaysia, while Sabah Electricity ...View more details
Indonesia, home to abundant coal and gas reserves, relies on fossil fuels to generate nearly 90% of its electricity. Coal is the dominant fuel, accounting for 59% of electricity generation in 2017. The share of renewable energy resources (RES) in the ...View more details
In 2017 Poland preserved its position as the sixth largest electricity producer in the EU. The electric power sector has a major economic and social impact on the Polish economy. It generated revenue of PLN 132.6bn in 2017, which was equivalent to 6 ...View more details