In 2016, global energy demand grew slower than normal, about 1 percent, and energy intensity remained at its usual 1 percent per year decline. According to BP, global energy demand has historically grown about 2 percent per year. "The events in China spilled over into global coal markets, with world prices taking their cue from China," the BP report states. Renewable energy only makes up about 4 percent of global energy consumption, but Bilbao said its growth is primarily being driven by economics and not political motives. Also, for the first time in history, the U.S. is not the largest producer of renewable energy.
according to
.jpg)
By TrendUS President Donald Trump's ambitions to achieve "energy revolution" will destabilize energy markets, Cyril Widdershoven, a Middle East geopolitical specialist and energy analyst, a partner at Dutch risk consultancy VEROCY and SVP MEA-Risk, told Trend June 30. He pointed out that an energy revolution as presented at present is nothing else than all other presidents have been trying to reach, an energy independent US, with now also with emphasis on energy exports. He was commenting on the statement made by Trump that the US is on the cusp of a new energy revolution. "First of all, we need to understand it is not an energy revolution, at the same time it is almost no change to former president Obama's plan and strategy. Earlier, Trump hailed an energy revolution marked by surging US exports of oil and natural gas.
read more visit us Energy markets
collected by :Jack Luxor
according to
Russia may reduce presence on EU energy markets in next 20 years
By TrendUS President Donald Trump's ambitions to achieve "energy revolution" will destabilize energy markets, Cyril Widdershoven, a Middle East geopolitical specialist and energy analyst, a partner at Dutch risk consultancy VEROCY and SVP MEA-Risk, told Trend June 30. He pointed out that an energy revolution as presented at present is nothing else than all other presidents have been trying to reach, an energy independent US, with now also with emphasis on energy exports. He was commenting on the statement made by Trump that the US is on the cusp of a new energy revolution. "First of all, we need to understand it is not an energy revolution, at the same time it is almost no change to former president Obama's plan and strategy. Earlier, Trump hailed an energy revolution marked by surging US exports of oil and natural gas.
read more visit us Energy markets
collected by :Jack Luxor
Comments
Post a Comment