World
-16 pts
Portugal's share of renewable decline in 2017 (low hydro).
Renewable energies are progressing quickly with falling costs
The share of renewable energy sources (RES, including hydropower) within the global power generation mix, which has been rising quickly since the end of the 2000’s, grew by nearly 1 percentage point in 2017, to almost 25%. Wind and solar generation has gained momentum, encouraged by ambitious climate policies in the European Union, the United States, China, India, Japan and Australia, and by the dramatic fall in solar and wind development costs over recent years, enabling developing countries to expand their renewable capacities. Solar was responsible of 20% of the additional power generation in 2017 and wind 30%. Renewables now cover 1/3 of the power mix in Europe, 1/4 in China and 1/6 in the United States, India and Japan.
In the European Union, the share of renewables remained stable in 2017, as the strong increase in renewable generation in Germany and the UK was offset by adverse hydraulic conditions in southern Europe (France, Italy, Spain).
Global Energy Trends, 2018 edition
Based on its 2017 data for G20 countries, Enerdata analyses the trends in the world energy markets.
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Mar
US renewable power generation has doubled since 2008
According to the United States Energy Information Administration (EIA), US renewable power generation achieved a new record of 742 TWh in 2018, which is almost twice the amount of 382 TWh produced in 2008. In total, renewables provided 17.6% of the US power generation in 2018 and 90% of the increase over the 2008-2018 period came from wind and solar power plants, since conventional hydroelectric capacity remained relatively stable (+2% since 2008, reaching 292 TWh in 2018, i.e. 6.9% of the US power mix).
19
Mar
Iran inaugurates phases 13 and 22-24 of South Pars gas field
Iran has officially inaugurated four new phases of the South Pars offshore gas field, i.e. phases 13, 22, 23 and 24. A total of US$11bn were invested in the four mega projects, which will add 56 mcm/d of gas, 75,000 bbl/d of gas condensate and 400 t/d of sulfur and will enable to produce 1 Mt/year of ethane and 1 Mt/year of propane and butane.
18
Mar
US natural gas production rose by 11% in 2018
According to the US Energy Information Administration (EIA), the US natural gas production reached new highs in 2018, increasing by 11%. Gas production measured as marketed production and dry natural gas production have also reached new highs. As expected, gas exports also increased by 14% to 102 bcm, with LNG exports surging by 53%. The United States continued to be a net gas exporter in 2018, as in 2017 when the country exported more gas than it imported for the first time in nearly 60 years.
15
Mar
Gazprom's natural gas production rose by 5.7% in 2018 (Russia)
Russian state-owned gas group Gazprom produced nearly 498 bcm (+5.7%) of natural gas in 2018. The third gas production facility at Bovanenkovskoye, the main field in the Yamal Peninsula with gas reserves totalling 4,900 bcm, went onstrem in 2018 and reached its design production capacity of 115 bcm (production capacity of 317 mcm/d in winter).
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