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.
In order to keep up with rising demand in one of the world’s fastest growing economies, Turkey’s power sector has expanded at a rapid pace over the last decade. At the same time, increased electricity consumption has posed challenges for ...View more details
The electric power industry in Russia generates 3% of the country’s gross domestic product (GDP) and the government sees it as a strategically important sector. So, in accordance with the Federal Law, the Russian government controls key assets ...View more details
Alongside developing renewable energy projects in line with plans to reduce the share of coal power in the country’s generation mix, the government is working to reform the thermal power sector and make coal-fuelled plants more efficient and ...View more details
Thailand was the second-largest power producer among the ASEAN countries after Indonesia in 2016. State-owned company EGAT accounted for nearly 40% of the total installed capacity in Thailand in 2016. Power generation is dominated by natural gas and ...View more details
Hydropower made up 20.2% of the country’s total power generating capacity as of end-2016. China had 332 GW of hydropower capacity as at end-2016, up 3.9% y/y. New investment in the subsector reached RMB 61mn in 2016, down by 22% y/y, ...View more details
As China has grown to be the world's biggest economy, the generation, trade and consumption of electricity have become an increasingly crucial component of the country's growth and energy needs. The introduction and development of renewable energy ...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 the end of 2016. During that year ...View more details
The electric power sector in Romania is on track to become a full-fledged driver of the national economy with a significant international exposure. While the country is rich in natural resources, its power sector lacks privatisation focus and a ...View more details
The energy sector is responsible for nearly 8% of Poland’s GDP and its strategic importance for the country is overwhelming. The ageing of the power generation and transmission infrastructure is a major concern for the sector, which at the same ...View more details
The power sector, comprising generation, transmission and distribution, is a key enabler of India’s economic growth. India, which is Asia’s third-largest economy, accounts for about 5% of the world’s primary energy consumption, ...View more details