Growth in US oil and gas production in 2018.
The United States and China were the main contributors to the increase in global energy production, together contributing 54% of growth in 2018.
Key data for 2018 energy production by fuel are as follows:
Crude oil: +2% driven by explosive growth of shale in the United States (+16.5%)
Gas: +5.2% propelled by the United States and Russia, the two main producers
Coal: +1.9%, led by China, the world’s largest producer
Electricity: +3.5% with China and the United States accounting for three quarters of the rise in 2018
Energy production continued to decline in the European Union, owing to the slight decline of electricity production from nuclear, the depletion of oil and gas resources and the climate policy that eventually implies the exit of coal. This decline comes despite increased hydro production after a dry year and a moderate increase in energy consumption.
According to the American Wind Energy Association (AWEA), the installed wind power capacity in the United States has reached 100 GW in the third quarter of 2019 (from over 94 GW at the end of 2018), enough to supply power to 32 million US households. Wind installations accelerated in the third quarter of 2019, with 8 new large power projects totalling 1.9 GW commissioned.
According to the annual report on the functioning of the European carbon market, greenhouse gras (GHG) emissions from installations covered by the EU ETS decreased by 4.1% (around 73 MtCO2eq) to 1,682 MtCO2eq in 2018, thanks to a 7.3% drop in emissions from the power and heat production sector (down to 913 MtCO2eq). Verified emissions from the industrial sector remained stable (-0.1%) at 769 MtCO2eq, while those from aviation grew by 3.9% to 67 MtCO2eq.
According to the National Energy Administration (NEA) of China, energy supply continued to improve in the first nine months of 2019: domestic crude oil production increased by 1.2%, compared to the same period of 2018, to 143 Mt, reversing three consecutive years of decline. Domestic gas production also grew by 9.5% year-on-year to nearly 128 bcm. Coal production should continue to increase, as 40 new large and medium-sized coal mines with a cumulated capacity of 196 Mt were approved during the 9-month period.
Between January and June 2019, the US net gas sales abroad reached 4.1 bcf/d (116 mcm/d) on average, a level two times superior to the net exports in 2018. According to the EIA, the expansion of US gas trade surplus is mostly due to the increase of LNG exports.