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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.
Poland's electricity sector has been rebounding over the past couple of years, driven by high energy prices and increased public and private investment, including support from the EU. Additionally, the electrification of various sectors and the ...
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Between 2022 and 2023, Colombia's renewable energy sector entered a dynamic phase of transformation, marked by a strategic shift towards expanding the capacities of solar, wind and hydroelectric power. The country has seen a surge in investment and ...
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Colombia ranks highly in Latin America's electric power market due to its sizeable population and large hydropower resources. However, the reliance of its economy on fossil fuels and limited manufacturing hold it back from being a regional powerhouse ...
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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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At the United Nations Framework convention on Climate Change (UNFCCC) in October 2022, Singapore committed to achieving net zero emissions by 2050. For 2030, the country has set the target for Greenhouse Gas (GHG) emissions at 60mn tonnes. As of 2023 ...
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