Publications

Global Energy Trends, 2020 Edition

19 May 2020

Enerdata’s analysis with 2019 actual statistics and 2020 estimates will be available shortly!

 

Energy Trends 2020

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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Upcoming Global Energy Trends Webinar

Our annual presentation of Global Energy Trends, with consolidated 2019 statistics and an impact analysis of the Covid19 pandemic over 2020 and beyond, will take place on Thursday, June 4th, 2020 (two sessions available).

Please register here:

11:00 am or 3:00 pm

 

G20* Key Energy Figures in 2019

 

+3.1%

   

Economic growth

At purchasing power parity

2018:       +3.7%
2007-17: +3.2%

 

+0.6%

   

Slowly rising energy consumption

 

2018:       +2.2%
2007-17: +1.2%

 

- 3.6%

   

Declining coal consumption

 

2018:       +0.6%
2007-17: +1.2%

 

* 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:

  • Spectacular increase of natural gas consumption (+3.2%), with the USA responsible for more than 30% of the global increase.
  • Still no peak in oil and gas consumption (which grew at +1,2% and +3,2%, respectively)
  • Significant slowdown in electricity consumption growth in 2019 in G20 (+0.7% vs +3,6% in 2018). China, which accounts for 1/3 of the G20 electricity consumption, posted a 4.5% growth, but this was much lower than the average growth observed since 2007 (7.5%/year).
  • Strong development of renewables continues: +11% in wind power generation and +22% in solar power generation, slower than in 2018 but still higher than any other power sources.

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