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.
As China has grown to be the world's biggest economy, the generation, trade and consumption of electricity have become an increasingly crucial component of the country's growth and energy needs. The introduction and development of renewable energy ...
View more detailsBrazil 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 the end of 2016. During that year ...
View more detailsThe electric power sector in Romania is on track to become a full-fledged driver of the national economy with a significant international exposure. While the country is rich in natural resources, its power sector lacks privatisation focus and a ...
View more detailsThe energy sector is responsible for nearly 8% of Poland’s GDP and its strategic importance for the country is overwhelming. The ageing of the power generation and transmission infrastructure is a major concern for the sector, which at the same ...
View more detailsMalaysia is self-sufficient in terms of power generation, with natural gas and coal being the main fuels used in power generation. The Malaysian market comprises three main utilities companies that have the largest market share in the power ...
View more detailsThe Hungarian electric power market is middle-sized compared to other European markets. The electric power sector is mature, meaning that all major power stations and the transmission network have been built and that electricity supply is stable. ...
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