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Energy and utilities
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 pet💃roleum products, and wholesaling and retailing of fuels. 🌺
In 2020, Argentina was the fourth largest renewable energy generator in Latin America after Brazil, Mexico and Chile, with a share of 4.8%. Renewable energy generation grew at a CAGR of 38.5% during the 2015-2020 period. The fastest👍 growing ...
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Latin America* is betting big on renewable energy. Between 2015 and 2020, the region’s renewable energy (RE) capacity expanded by a cumulative 33% (65 GW) to reach 261 GW in the final year of that period, according to&nbs🏅p;data provided by ...
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Much like the rest of the world, the countries from Emerging Europe* are increasingly turning towards renewable energy (RE) to d🐎iversify their energy mix, reduce greenhouse emissions, and thus achieve a sustainable economic growth model. ...
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In line with global trends, Colombia has been seeking to make its economy greener by deve🎐loping its renewable energy resources. The country has made great strides in this direction, as more than two thirds of its💛 electricity is from ...
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Renewables are the second largest source of electricity in the Philippines. They contributed to♚ a fifth of the country’s power generation in 2020, after coal, and ahead of natural gas and oil. The share of renewables is set to further ...
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Malaysia’s renewable energy (RE) installed capacity reached 8.7 GW in 2020, ranking it as the fourth biggest market in ASEAN, according to dat🅠a provided by the International💝 Renewable Energy Association (IRENA). The share of RE in the ...
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The abundance of low-cost fossil fuels has predefined the low uptake of renewable energy re🔯sources and the strong presence 🧜of oil, natural gas and coal in Russia’s power generation mix. Furthermore, of the nearly 55 GW total RE ...
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Poland is still lagging behind its EU peers in terms of the share of el♎ectricity generated from renewable energy sources, positioned 22nd of the 27 staꦯtes, according to Eurostat data for 2019. However, the sector has seen ...
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The year 2020 saw ꧃countries going into lockdown as a result of COVID-19. The telecom sector became an anchor for e🧸conomic activities to continue as learners, workers and all non-essential operations needed to be conducted from home. ...
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