Fueling the World with Energy Facts

Global Energy Demand Rises

161,471 TWh

161,471 TWh was the total world energy consumption in 2018. 20 years ago, that number was 111,951 TWh.

69.6 TWh (43.1%)

69.6 TWh (43.1%) of the overall energy was consumed in Asia Pacific. North America (32.9 TWh) and Europe (23.6) follow on second and third place.

85%

85% of the annual energy was provided by oil, coal, and gas. Renewable energy sources accounted for about 10.5%.

15,915 TWh

Those 10.5% are equal to 15,915 TWh of consumed renewable energy.

73,3%

In 2008, the share of renewables on the world’s energy mix was roughly 7%. That might doesn’t sound like much less than today’s 10.5% but in terms of the total energy produced, this is an increase from 9,182 TWh to 15,915 TWh. Or in other words: In the last ten years, renewable energy has grown 73.3%.

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Energy Sources in the Spotlight

Death number / produced kWh

Nuclear Energy

Rating: 5 out of 5.

Wind and Solar Power

Rating: 4.5 out of 5.

Hydropower

Rating: 4 out of 5.

Gas Power

Rating: 3 out of 5.

Biofuel

Rating: 2 out of 5.

Oil

Rating: 1.5 out of 5.

Coal

Rating: 0.5 out of 5.

Read more about the deathprint of energy.

CO2 emissions / produced kWh

Nuclear Energy

Rating: 5 out of 5.

Wind Energy

Rating: 5 out of 5.

Solar Energy

Rating: 4.5 out of 5.

Hydropower

Rating: 3.5 out of 5.

Gas CCS

Rating: 3 out of 5.

Gas

Rating: 1 out of 5.

Coal

Rating: 0.5 out of 5.

Read more about greenhouse gas emissions.

Lowest costs / produced kWh

Hydropwer

Rating: 5 out of 5.

Onshore Wind

Rating: 4.5 out of 5.

Solar PV

Rating: 4.5 out of 5.

Coal / Gas / Oil

Rating: 4 out of 5.

Nuclear Energy

Rating: 4 out of 5.

Biofuel

Rating: 3.5 out of 5.

Offshore Wind

Rating: 3 out of 5.

Read more about the lastest price development.

Lowest costs / produced kWh

Rating: 1 out of 5.

Rating: 1 out of 5.

Rating: 1 out of 5.

Rating: 1 out of 5.

Rating: 1 out of 5.

Rating: 1 out of 5.

Rating: 1 out of 5.

Rating: 1 out of 5.

Rating: 1 out of 5.

Read more about the lastest price development.

Long Reads and Publications

Recommended Publications

IPCC Reports

Get the latest Reports from the Intergovernmental Panel on Climate Change (IPCC). This source is trusted by governments to establish their climate policies. IPCC’s 5th Assessment Report from 2014 played a crucial role in the success of the UNFCCC COP21, where the “Parties to the Convention” (a.k.a. countries) agreed on the Paris Agreement.

IRENA Global Renewables Outlook

IRENA is an intergovernmental organisation established in 2011, promoting the widespread adoption and sustainable use of all forms of renewable energy, sustainable development, energy access, energy security and low-carbon economic growth and prosperity. This Global Renewables Outlook reviews the ongoing energy transformation with closer examination of needs and impacts at the regional level, in both energy and socio-economic terms.

IEA World Energy Investment

The International Energy Agency’s annual benchmark for tracking energy investment, World Energy Investment 2019, provides a full picture of today’s capital flows and what they might mean for tomorrow’s energy sector. The IEA is an inter-governmental organisation within the OECD framework, established in the 70ies as counter-weight to OPEC.

BP Energy Outlook

BP’s annually published Energy Outlook belongs to the most profound and freely available publications on the state of the energy industry. While oil still plays the most important part of BP’s business model, the British company has recognised the importance of reducing Greenhouse Gases and has started to implement Renewables in its portfolio.

Long Reads

Corporate Social Responsibility Guidelines for Business

February 2020 – Elaborating a good Corporate Social Responsibility (CSR) concept is much more than just a “nice to have” these days. But what exactly CSR comprises is often unknown and in fact, there is an almost infinite number of definitions for this concept. This long read sheds some light on CSR and sustainability and explains which internationally recognised tools your company can implement.

Europe’s Energy Security and Climate Change: An Opportunity or a Threat?

December 2020 – This is a two-part series discussing Europe’s energy security in times of climate change threats. It explains the challenges which occur for the energy sector and argues that climate change, in fact, helps Europe to overcome path-dependent stasis.

Part 1

Part 2

Opportunities and Threats of Transparency in the Extracting Industry

October 2019 – The world is more than ever before transparent, transparency creates credibility, and credibility increases a company’s reputation. But what if transparency complicates business, what if published information is misunderstood, and what if your stakeholders prefer to withhold information? This article shows the importance but also the consequences of transparency in the often-criticized extractive industry.

IIT’s: Curse or Blessing for the Energy Transformation

June 2019 – International law on the protection of foreign investment may impose excessive constraints on the freedom of states. But without international treaties, global companies may not invest in foreign countries – think about security, change in political administrations, a shift in public perception, etc. This applies especially for the energy industry where contracts are signed for long-term periods. So: Are International Investment Treaties (IITs) a curse or a blessing for the governments and their plans for the energy revolution?

Part 1

Part 2

The Fear of Reputational Loss – A Case Study on Climate Models

May 2019 – Global Climate Models (GCM) play a crucial role in understanding climate change. With growing importance, their reliance is key to predict manmade climate change and to deduce consequential actions. If GCM’s fail due to a lack of information, calculation errors or natural anomalies in the climate system, climate change deniers have the momentum on their side. There is a lot at stake for international organizations, policymakers, and finally the media who has to inform the public, especially the potential of a reputational loss.

Putin and Chávez: Oil and gas strategies in Russia and Venezuela

April 2019 – Russia and Venezuela have shared a remarkably comparable story since the beginning of this millennium. Two decades, formed by two politicians. Both “Putinism” and “Chavinism” work(ed) with a strong state role, and despite coming from the opposite sides of the political spectrum, both Putin’s and Chávez’s political agenda reveals many similarities, especially when analysing the oil and gas sector.