Aenert news. Energy TrendsRystad Energy, a leading energy analytics and consulting company, has released its 2025 forecast. The forecast is based on several tectonic events that took place in the previous year. Among them are increased geopolitical uncertainty, the newly elected US president’s clear desire for energy dominance, uncertainty about the state of the Chinese economy, and the...
Aenert news. Energy Market & Energy StatisticsEurostat provided EU renewable energy statistics for 2023, according to which the share of renewable energy in gross final energy consumption reached 24.5%, 1.5% higher than in 2022 and almost 10% higher than in 2004. The updated EU renewable energy target for 2030 is 42.5%, which means that EU countries need to step up their efforts to collectively meet this...
Aenert news. Energy Market & Energy StatisticsIn the third quarter of the outgoing year, according to the U.S. Bureau of Economic Analysis, real US GDP grew by 3.1%. In the same quarter last year, this figure was significantly higher (4.4%), and in the previous quarter it was recorded at 3.0%. Over the past two years, the average quarterly GDP was 3.3%. According to the above-mentioned source, the acceleration...
Aenert news. Energy Market & Energy StatisticsAccording to Eurostat, the growth rates of GDP in volume in the EU in 2024Q3 amounted to 0.4% (change compared with the previous quarter) and 0.9% (change compared with the same quarter of the previous year). These are the highest values since 2022Q4. Gross domestic product at market prices in the third quarter of this year reached 4,500,076 million euro, which...
Aenert news. Energy CompaniesThe third quarter of each year is the time of greatest demand for electricity and the best time for solar energy. According to the analytical agency Ember, global electricity demand in 2024Q3 reached approximately 7940 TWh, which is 3.5% more year-on-year. This is an absolute quarterly record for electricity consumption in the world. During the same time, according...
Aenert news. Energy Market & Energy StatisticsEurostat published statistics on the development of electricity prices both for household and non-household consumers within the European Union (EU) and a range of other non-member European countries comparing the first half of 2024 with the first half of 2023. As can be seen from the graph below, the lowest electricity prices in the EU in the...
Aenert news. Energy CompaniesThe third quarter is not the best time for wind power. However, from year to year, it is in the third quarter that the maximum demand for electricity is recorded. According to the Ember analytical center, in the third quarter of 2024, this demand was 7941 TWh, which is 3.5% more than in the same period last year. Wind power generated 528.08 TWh in 2024Q3, which is...
Aenert news. Energy Market & Energy StatisticsIn our previous review, we presented a list of countries in the world that best meet the requirements of energy independence according to our methodology. We formulated these requirements as follows: - production of final energy products consumed within the territory of a given country, using its own resources; - accessibility of all categories of final consumers...
Aenert news. Energy CompaniesCanada has huge reserves of natural petroleum raw materials, primarily in the form of tar sands, which amount to approximately 170 billion barrels. Canada is also one of the top five oil producers if you include synthetic oil obtained from tar sands. The costs of developing heavy and bituminous oil deposits are significantly higher than those for conventional oil....
Aenert news. Energy Market & Energy StatisticsSo, we have come to the next stage of our research, when it is possible to form rating tables of countries of the world according to various criteria of energy independence. Our final rating list previously included Algeria, Azerbaijan, Bahrein, Canada, Colombia, Ecuador, Gabon, Iran, Kazakhstan, Libya, Norway, Oman, Qatar, Russia, Saudi Arabia, Turkmenistan, USA,...
