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Energy and utilities
The Energy sector plays a pivotal role in economic and social development by supplying what might be described as the “flow of blood” to production and transportation systems. Its main objective is to ensure the reliable, affordable and clean energy needed by modern societies, thus contributing to well-being and prosperity around the globe.
The Energy sector involves the generation, transmission and distribution of electricity derived from a variety of sources, including fossil fuels, nuclear power and renewable sources. It also includes activities concerned with fuels themselves, which extend along the entire value chain, such as oil and gas extraction and transportation, coal mining, refining of petroleum products, and wholesaling and retailing of fuels.
China's electric power system ranks among the largest and most rapidly expanding in the world, with coal power continuing to play a significant role in electricity generation. The share of renewable and nuclear energy continues to increase as the ...
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In 2024, worldwide electric car sales reached 17mn units, growing by over 25% y/y, data from the International Energy Agency showed. The electric car fleet stood at almost 58mn at the end of 2024, or about 4% of the total passenger car fleet and more ...
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Renewable energy is central to China's efforts to meet its growing energy needs, while tackling environmental challenges. As the world's largest market for renewable energy investment, China's clean-energy technologies contributed over 10% to its ...
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China's electric power system ranks among the largest and most rapidly expanding in the world, with coal power continuing to play a significant role in electricity generation. However, the share of nuclear and other renewable energy continues to ...
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Renewable energy plays a pivotal role in China's strategy to meet its escalating energy demands and address the environmental challenges. As the largest market for renewable energy investment worldwide, China spent an estimated USD 890bn on clean ...
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Coal power maintains a significant presence in China's electricity generation, but the share of nuclear and renewable energy continues to increase as the country changes course towards a greener energy mix. According to the International Energy ...
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