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 producer of electric power in the ASEAN region. Yet, the country had an electrification rate of 91.2% in 2016, lagging behind other countries in the region such as Singapore, Malaysia and Thailand. The government ...View more details
Brazil is among the global leaders in renewable energy and a pioneer in developing biofuels as an economically viable alternative to fossil fuels. Notably, in 2016, 26.8% of the fuels consumed in the country were renewable. The main ...View more details
Mexico is a regional leader in electric power generation. Since 2013, when the energy reform was introduced, Mexico is undergoing a major energy transformation. It featured the introduction of a wholesale electricity market, and enabling private ...View more details
Hungary is one of the net importers of electricity in Central East Europe (CEE), with a net import deficit of around HUF 144bn as of 2016. The country is increasingly dependent on electricity imports as its generating capacities are in decline as a ...View more details
India ranked sixth in renewable energy (RE) installed capacity in the world in 2017. In FY2017 RE generation accounted for 22% of total energy generation. In addition, India has set an ambitious target of establishing 175 GW of new RE installed ...View more details
In order to keep up with rising demand in one of the world’s fastest growing economies, Turkey’s power sector has expanded at a rapid pace over the last decade. At the same time, increased electricity consumption has posed challenges for ...View more details
The electric power industry in Russia generates 3% of the country’s gross domestic product (GDP) and the government sees it as a strategically important sector. So, in accordance with the Federal Law, the Russian government controls key assets ...View more details
Alongside developing renewable energy projects in line with plans to reduce the share of coal power in the country’s generation mix, the government is working to reform the thermal power sector and make coal-fuelled plants more efficient and ...View more details
Thailand was the second-largest power producer among the ASEAN countries after Indonesia in 2016. State-owned company EGAT accounted for nearly 40% of the total installed capacity in Thailand in 2016. Power generation is dominated by natural gas and ...View more details
Hydropower made up 20.2% of the country’s total power generating capacity as of end-2016. China had 332 GW of hydropower capacity as at end-2016, up 3.9% y/y. New investment in the subsector reached RMB 61mn in 2016, down by 22% y/y, ...View more details