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 Blog RSS

On top of the societal changes, economic conditions, and pandemic challenges that the world has faced throughout the past few years, countries are being confronted with yet another uphill battle. This time, it is drought, and Europe in particular is becoming an increasingly worrisome victim of this dry spell.

It’s no surprise that the effort to get the global economy back to its pre-pandemic efficacy would be quite challenging. The biggest current hurdle to that goal is what some are calling a global energy crisis. The supply of fossil fuels is struggling to catch up with recovering demand, causing energy prices to soar around the world, especially in the Northern Hemisphere as countries prepare for a cold winter. Many factors have contributed to this supply crunch, including European and Asian countries’ recent efforts to decarbonize the economy, lack of capital to natural gas drillers, and an unexpectedly low output from Russian energy suppliers like Gazprom.

Sources

  1. SelectUSA (Date Accessed: 6/1/2017)