At purchasing power parity
The year 2019 was marked by a global economic slowdown (-0.6 points) that translated into a much lower energy consumption growth (0.6% compared to 2.2% in 2018).
This publication analyses global and regional figures, drilling down to some key countries. In addition, short- to mid-term scenarios are elaborated to assess the implications of the COVID 19 situation on the global energy markets.
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* G20 countries account for 80% of global energy consumption
The change was particularly drastic for coal, whose consumption registered a sharp decline (-3,6%, compared to +0,6% in 2018), while oil consumption accelerated (+1,2%), and gas consumption continued on its upward trend (+3,2%), spurred by surging gas production in the United States.
Electricity consumption growth, following the more sluggish economic conditions, slowed down (+0,7% total) in most G20 countries, and declined in some.
Other Notable 2019 Trends in the G20, as Detailed in the Global Energy Trends Publication: