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.
Argentina is the third largest power market in Latin America in terms of total generation (136.5 TWh) and consumption per capita (2,931 kWh) as of 2017. During the 2010-2017 period, the electric power sector’s GVA in Argentina grew at a CAGR of ...View more details
The Russian electric power sector is of strategic importance for the government, which controls key assets in the power system. The sector generated 2.6% of the country’s gross domestic product (GDP) and employed 2.4% of the workforce in 2017. ...View more details
India’s electric power sector, comprising generation, transmission and distribution, is a key enabler of the country’s economic growth. Globally, India is the third-largest producer of power, after China and the US. Total electricity ...View more details
Brazil 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 end-2017. During that year, ...View more details
The electrical energy sector is responsible for slightly above 7% of Poland’s GDP and its strategic importance for the country cannot be underestimated. Electricity output inched up by 0.5% y/y to 162.63 TWh in 2016, while the sales ...View more details
Indonesia is the largest producer of electric power in the ASEAN region. Yet, the country had an electrification rate of 91.2% in 2016, lagging behind other countries in the region such as Singapore, Malaysia and Thailand. The government ...View more details
Brazil is among the global leaders in renewable energy and a pioneer in developing biofuels as an economically viable alternative to fossil fuels. Notably, in 2016, 26.8% of the fuels consumed in the country were renewable. The main ...View more details
Mexico is a regional leader in electric power generation. Since 2013, when the energy reform was introduced, Mexico is undergoing a major energy transformation. It featured the introduction of a wholesale electricity market, and enabling private ...View more details
Hungary is one of the net importers of electricity in Central East Europe (CEE), with a net import deficit of around HUF 144bn as of 2016. The country is increasingly dependent on electricity imports as its generating capacities are in decline as a ...View more details
India ranked sixth in renewable energy (RE) installed capacity in the world in 2017. In FY2017 RE generation accounted for 22% of total energy generation. In addition, India has set an ambitious target of establishing 175 GW of new RE installed ...View more details