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.
India ranked as the fourth largest renewable energy (RE) market in the world by installed capacity in 2020, according to data provided by the International Renewable Energy Agency (IRENA). Hydropower is the largest RE source taking 37% of ...
View more detailsIndonesia’s renewable energy (RE) sector is relatively small and dominated by hydro and geothermal installations. RE-based power had a 15% share in the country’s power capacity mix and contributed 13% to total power generation ...
View more detailsMalaysia’s power market consists of three geographical submarkets, namely Peninsular Malaysia, Sabah (including Labuan), and Sarawak. Tenaga Nasional Bhd (TNB) is the main utility provider in Peninsular Malaysia, and ...
View more detailsOver the past decade, China has been heavily investing in developing its renewable energy (RE) resources as part of the government's pledge to reduce its carbon footprint and meet more of its rapidly electricity needs with clean energy ...
View more detailsRenewable energy is an important part of Chile’s electric power generation mix. About 46% of the overall electricity produced in 2020 was renewables-based. The non-hydro power generation took a 20% share. Chile has installed 13.7 GW ...
View more detailsMexico has the second largest installed capacity for renewable energy in Latin America, trailing only Mexico. With 28.4 GW of total installations, renewable energy sources account for about a third of Mexico’s ...
View more detailsColombia is the sixth-largest electric power market in Latin America, ranking below countries with the same or less population, such as Argentina, Venezuela, and Chile. The country suffers from its uneven terrain, which creates vast ...
View more detailsSince China initiated 5G technology R&D and standard formulation in 2013, the landmark national-level policy has been Made in China 2025 issued by the State Council in 2015. 5G technology, along with integrated circuits ...
View more detailsRevenues from the production, distribution and trade of electricity stood at PLN 154.1bn in 2019 (latest available data), recording an increase of 15.4% y/y and corresponding to 6.7% of Poland’s GDP. In 2020, gross electric energy ...
View more detailsMexico's electric power sector is at a crossroads. The sector experienced an investment frenzy after the passing of the energy reform in 2013, a constitutional amendment that opened electric power generation to private competition. However, ...
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