Energy Market & Energy Statistics

Renewable energy statistics 2019 by Eurostat, the statistical office of the European Union, provides data on renewable energy sources in the EU between 2007-2017. During this period, an average increase of renewable energy production by 64% (average 5.1% per year) can be witnessed in the EU, which accounts for 17.5% of total consumed energy in the Union in 2017. If we take the renewable sources share at country level in the...

The US Energy Information Administration released its Annual Energy Outlook (AEO) 2019 with projections to 2050. The intention of the AEO is to provide long-term energy projections for the United States, based on the study of several reference cases analyzing forecast developments in energy prices and technologies, as well as economic and demographic trends. According to the AEO-2019, the United States will export more...

The World Energy Outlook (WEO)  released annually by the International Energy Agency, looks at the entire global energy sector making 2018 its focus on electricity, whose consumption is growing two times faster than the total energy consumption in the world. The researches point out that 2018 will see the highest CO2 emissions in history, indicating a huge disconnect between the climate change aims and real developments in...

The Organization of the Petroleum Exporting Countries (OPEC) has released its annual report the World Oil Outlook 2018 (WOO) that makes forecasts for the oil industry up to 2040, analysing various indicators which are expected to impact the future energy market.  These include, for example, population growth, size of working-age population and immigration, GDP growth, energy policies of the countries, etc. The world’s population...

The annual BP statistical review of modern world energy production published in June this year gave a lot of unexpected surprises. First of all, the company notes a significant increase in global primary energy consumption, which grew by 2.2% in 2017. This is much more than in the previous year (1.2%) and significantly more compared to its average for the last 10 years (1.7%). Annual growth in European countries averaged 2.1%, with...

The U.S. Energy Information Administration (EIA) released International Energy Outlook 2018 (IEO-2018), which examines the impact of different macroeconomic factors on the energy markets in non-OECD regions, in particular in three heavily populated parts of the world: China, India and Africa. The rapid economic development of these regions has significant implications on the global market, not least on the USA as one of the major...

The Renewable Energy Statistics 2018 released by the International Renewable Energy Agency (IRENA) analyses the entire global renewable energy sector, giving comprehensive data sets on capacity and production of renewables for 2008-2017. Furthermore, the yearbook includes renewable energy balances for about 120 countries and areas for 2015 and 2016 and gives statistics on investments in the renewable energy sector. According to the...

Every year since 2005 the global multi-stakeholder network REN21 releases the Renewables Global Status Report (GSR), providing a comprehensive overview on the current state of renewable energy in the world. GSR-2018 analyses the year 2017, pointing out, first of all, that in 2017 70% of the net increase in power generation in the world fell on renewable sources, which is a record in modern history. In addition, among the positive...