GDF SUEZ Releases World of Energy

GDF SUEZ Releases World of Energy

The falling cost of photovoltaic power, the abundance of coal, confirmation of the decisive role played by shale gas and oil… all are highlighted in the 2013 edition of A World of Energy. Created by the GDF SUEZ Strategy Department, this publication brings together the key energy indicators for the year.

It traces the major features of global energy trends and industry highlights for 2012-2013. It focuses particularly on the shale oil and gas ‘revolution’, the global growth in renewables, and the problems faced by the energy sector in Europe.

The aim of this publication is to provide a dynamic overview of energy fundamentals in a way that puts their size and development into perspective. The analyses of energy statistics published in A World of Energy are the result of wide-ranging collaboration between GDF SUEZ experts.

A world of energy that is changing quickly and radically

Demand for energy continues to grow inexorably, with the strongest demand coming from non-OECD countries; more precisely from the so-called ‘emerging countries’, which will generate more than 80% of additional demand for gas and electricity between now and 2035. At the same time, a fundamental global trend is emerging with the development of renewables and energy efficiency initiatives. This represents a radical change in the energy landscape, driven by renewables whose business model is increasingly moving towards a decentralization of energy generation, and energy efficiency policies that will influence demand, even in high-growth countries.

A stronger competitive position for natural gas

Natural gas is becoming more influential in the global energy mix as a result of the shale gas boom, which could extend global resources from 60 to 250 years. Many gas infrastructure projects are also emerging to supply high-growth markets, and opportunities are appearing in response to demand driven by growing urbanization, the development of industrial parks and niche markets, such as retail LNG.

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Source: GDF Suez; January 24, 2014