On 25 November 2021 the Australian Energy Market Commission published its annual Residential Electricity Price Trends report. This is the twelfth annual residential electricity price trends report prepared by the AEMC at the request of the ministerial forum of Energy Ministers (formerly COAG Energy Council). View more.
READ MOREAfter a decade of rapid growth, in 2020 the global electric car stock hit the 10 million mark, a 43% increase over 2019, and representing a 1% stock share. Battery electric vehicles (BEVs) accounted for two-thirds of new
READ MORETo help researchers and policy makers have a better understanding of the state-of-the-art electricity market regulation, the aim is to survey the latest progress, as
READ MORERenewables and nuclear energy will dominate the growth of global electricity supply over the next three years, together meeting on average more than 90% of the additional
READ MORE5 October 2023. State of the energy market 2023 is the AER''s annual summary of ''the year that has been'' across electricity and gas supply chains, including wholesale markets, transportation and retail. Australia''s energy systems are undergoing rapid technological and economic transition alongside national efforts to decarbonise the
READ MOREimpacting electricity market trends across the globe. This report presents our latest data for 2022 as well as forecasts for global electricity demand, supply and
READ MOREThe Global Energy Perspective 2023 offers a detailed demand outlook for 68 sectors, 78 fuels, and 146 geographies across a 1.5° pathway, as well as four bottom-up energy transition scenarios with outcomes ranging in a warming of 1.6°C to 2.9°C by 2100. As the world accelerates on the path toward net-zero, achieving a successful energy
READ MOREQuarterly data - ET 5.1, ET 5.2 and ET 5.6. The quarterly data focuses on fuel used and the amount of electricity generation, the amount of electricity consumed by broad sector, and the imports
READ MOREIt is intended to be the first in a series, bringing together the most recent trends for a group of key clean energy technologies and assessing the implications for energy markets more broadly. It is not intended to be a comprehensive tracking exercise or to provide detailed analysis by technology. Published March 2024.
READ MOREThe World Energy Outlook 2023 provides in-depth analysis and strategic insights into every aspect of the global energy system. Against a backdrop of geopolitical tensions and fragile energy markets, this year''s report explores how structural shifts in economies and in energy use are shifting the way that the world meets rising demand for
READ MOREOur interactive wholesale market indicators. In our monitoring of the wholesale energy market for gas and electricity, we collect and analyse a large range of data. Our wholesale indicators give a snapshot of this . They are derived from our monitoring framework which underpins our ongoing assessment of the wholesale energy market in Great Britain.
READ MOREThe year 2021 placed exceptional demands on electricity markets around the world. Strong economic growth, combined with more extreme weather conditions than in 2020,
READ MOREIn 2021, Mexico''s electricity capacity amounted to 86 gigawatts, of which approximately 35 percent in renewable energy sources. According to PRODESEN 2022-2036, 16.6 gigawatts of power
READ MOREThis mid-2021 edition of the Electricity Market Report highlights recent developments and forecasts demand, capacity, supply and emissions through 2022. The report also analyses electricity market
READ MOREThis July 2022 update of the IEA Electricity Market Report presents our latest forecasts for global electricity demand, supply and emissions through 2023. In light of Russia''s
READ MOREGrowing EV demand—with China as the hot spot. McKinsey projects that worldwide demand for passenger cars in the battery electric vehicle (BEV) segment will grow sixfold from 2021 through 2030, with annual unit sales increasing to roughly 40.0 million, from 6.5 million, over that period. China retained its position as the world''s e
READ MOREAnnual Electricity Tariffs by Components (Low Tension Tariffs) Energy cost constituted the largest component (76.7% or 21.6 cents per kWh) of electricity tariff in 2023 (as at Q2 2023). It was calculated using the average of daily Natural Gas prices (indexed to Oil prices) in the first two-and-a-half months in the preceding quarter.
READ MOREElectricity markets explained. From using household appliances to operating industrial machinery, we''re all connected to the electricity grid day in and day out. Markets ensure that we have a safe and reliable electricity supply to meet demand. When electricity travels from nationwide generators through to our homes and businesses, there''s
READ MOREThe global solar energy market size was valued at $94.6 billion in 2022, and solar energy industry is projected to reach $300.3 billion by 2032, growing at a CAGR of 12.3% from 2023 to 2032. Solar energy refers to
READ MOREIt includes an assessment of 2020 trends and 2021 forecasts for electricity demand, supply, capacity and emissions – both globally and by country.
READ MOREThe new energy economy involves varied and often complex interactions between electricity, fuels and storage markets, creating fresh challenges for regulation and
READ MOREBuilding on our analysis of these recent events, the January 2022 edition of the IEA Electricity Market Report presents our forecasts for demand, supply and emissions in global electricity markets through 2024. While renewables are set to meet the vast majority of the increase in global electricity demand in the coming years, this trend
READ MOREThis July 2022 update of the IEA Electricity Market Report presents our latest forecasts for global electricity demand, supply and emissions through 2023. In light of Russia''s
READ MOREAbstract. The trend towards competition in the electricity sector has led to efforts by the research community to develop decision and analysis support models adapted to the new market context. This paper focuses on electricity generation market modeling. Its aim is to help to identify, classify and characterize the somewhat confusing diversity
READ MOREGiven these trends, the International Energy Agency''s Electricity 2024 is essential reading. It offers a deep and comprehensive analysis of recent policies and market developments, and provides forecasts through 2026 for electricity demand, supply and CO 2 emissions. The IEA''s electricity sector report, which has been published regularly
READ MOREThe International Energy Agency''s Electricity Market Report 2023 offers a deep analysis of recent policies, trends and market developments. It also provides forecasts through 2025 for electricity
READ MOREBasic Statistic Electricity generation by electric utilities in the U.S. 2004-2023 Premium Statistic U.S. electricity generating capacity addition share 2010-2022, by technology
READ MOREThe conflict is having immediate impacts on energy markets around the world. The resulting uncertainty is something that the world has not seen in a long while and, as of today, the potential scenarios that could unfold remain very uncertain. As a firm, we
READ MOREChina is one of the largest generators of renewable energy. In 2021, the country has generated about 2,322.7 TWh of electricity from hydro, solar, and wind power plants increase from 2082.9 TWh in 2020. With the same growth rate, the expected generation in 2022 is 2,590 TWh.
READ MOREWe''re in the midst of an energy transition that continues to evolve. Skip to main content Global Energy Perspective 2022 Sign up for emails on new Energy, Resources & Materials articles Never miss an insight. We''ll email you when new articles are published on
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