Energy: Introduction
Segments
Fossil Fuels
This segment is composed of establishments that operate fossil fuel powered electric power generation facilities.
Nuclear Power
Companies in this segment operate generation plants to provide electricity to transmission and distribution systems.
Renewable Energy
There are various types of renewable energy in this particular segment. These include wind, solar, geothermal, hydroelectricity, and biomass.
The Energy industry is Concentrated. The production in this industry is dominated by a many large firms that are capable of shaping the industry’s direction and price levels.
Primary Demand Drivers
- Commercial, government, and residential needs for electrical power (which mainly depend on economic activity and population growth)
Profitability Drivers
- Government regulations
- Fuel costs
From the Blog
Companies and investors in the United States and the United Kingdom have been implementing strategic changes due to the recent earnings season. Many are trying to take advantage of new post-election laws that affect trade, taxation, and investment incentives.
The coal industry is undoubtedly one of the world’s largest energy sources. According to statista.com, coal has been the second-largest energy source consumed in the world since at least 2019. The sector accounted for over a quarter of the energy consumption in 2022. Along with oil, natural gas, and petroleum, coal is considered a fossil fuel.
Sources
- SelectUSA (Date Accessed: 6/1/2017)