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.
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
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
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
In 2017, electric power consumption in Brazil rose by 0.8% y/y, the first increase in three years, as the country emerged from one of its deepest recessions in decades. The positive trend continued in 2018, when the uptick in electricity demand ...View more details
Argentina is the third largest power market in Latin America in terms of total generation (136.5 TWh) and consumption per capita (2,931 kWh) as of 2017. During the 2010-2017 period, the electric power sector’s GVA in Argentina grew at a CAGR of ...View more details
The Russian electric power sector is of strategic importance for the government, which controls key assets in the power system. The sector generated 2.6% of the country’s gross domestic product (GDP) and employed 2.4% of the workforce in 2017. ...View more details
India’s electric power sector, comprising generation, transmission and distribution, is a key enabler of the country’s economic growth. Globally, India is the third-largest producer of power, after China and the US. Total electricity ...View more details
Brazil is among the global leaders in renewable energy generation, having the world’s largest biomass power capacity, and ranking third and ninth, respectively, in terms of hydropower and wind power capacity at end-2017. During that year, ...View more details
The electrical energy sector is responsible for slightly above 7% of Poland’s GDP and its strategic importance for the country cannot be underestimated. Electricity output inched up by 0.5% y/y to 162.63 TWh in 2016, while the sales ...View more details