Table of Contents
Achieving energy independence, meeting unmet energy demand, and a growing awareness of the impact of high energy consumption on the environment are leading drivers behind the global energy transformation. This market insight considers the strategies adopted by the countries in the Organisation for Economic Co-operation and Development (OECD) and non-OECD countries. It also provided a detailed discussion of trends in power consumption, electricity generation, energy efficiency initiatives, and installed capacity. The base year is 2013, and the forecast period is 2014 to 2020.
Energy Market Overview
Key Factors Affecting Global Energy Transformation:
• High price sensitivity for fuel
• Profitable shale gas discoveries
• Shifting global/regional electricity demand growth
• Increased uncertainty due to changing policies and regulations
• Changing consumer preferences
• Faster/slower carbon market progress
• Technological breakthroughs
• Increased shale gas production in the United States
• Infrastructure developments in emerging economies
• Revitalized nuclear production areas in Asia-Pacific and the United States
• Expanded global wind installed capacity
Understanding the Trends that Impact the Global Energy Market
The world population is projected to increase to X billion by 2020, which represents a X% increase over the 2013 population.
Increasing GDP (Gross Domestic Product) per Capita
The world economy is projected to grow at a compound annual growth rate (CAGR) of just overX% until 2020.
High Energy Consumption Habits
Population and GDP growth support rising energy demand.
=> Need for Increased Energy Supply and Sustainable Sources
• Smart water meters
• Smart Cities
• Smart windows
• Smart homes
• Smart electricity meters
• Smart thermostats
=> More appliances and electronics connected to the grid
=> More people connected to the grid
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