Posts Tagged ‘energy report’

The Top Ten Global Energy Trends in 2009

Thursday, November 20th, 2008

Global Markets Direct just came out with their Top Ten Global Energy Trends in 2009.

1. Capital expenditure on oil exploration and production will continue to stagnate in 2009
2. Oil price volatility to continue in the short term but likely to stabilize within a lower narrow band by the end of 2009
3. Clean energy projects will play a crucial role in the long term energy needs of the world although there will be reduced investment in 2009
4. New investments in unconventional oil and gas projects will decline in 2009
5. Coal will continue to be the highest consumed energy source in 2009 despite a shift towards nuclear and alternative sources
6. Nuclear energy will play an increasing role in meeting the global energy needs even though some new projects might be delayed in 2009
7. European countries’ will continue to increase efforts to reduce their dependence on Russian natural gas in 2009
8. Demand for natural gas to continue to increase in 2009
9. Electricity generation capacity to grow in 2009 while distribution and transmission would require further investments
10. Rise in construction costs will delay projects in the refining sector

You can purchase the complete report here