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.
Having made it through the COVID-19 crisis, Chinese manufacturers are now facing another uphill battle: soaring energy prices and power outages, a new reality that is here to stay, at least for a while. Manufacturers, which have been driving ...
View more detailsTurkey is home to the second largest renewables-based power capacity in Emerging Europe after Russia. With almost 50 GW of installed capacity, renewables contribute to more than half of the total capacity, and 42% of the power ...
View more detailsIn 2020, Argentina was the fourth largest renewable energy generator in Latin America after Brazil, Mexico and Chile, with a share of 4.8%. Renewable energy generation grew at a CAGR of 38.5% during the 2015-2020 period. The fastest growing ...
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