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 
With the growing energy demand around the world, renewable energy is accounting for a greater portion of the expansion.
Canada is the largest foreign supplier of crude oil to the U.S., exporting over 3.7 million barrels per day, which is more than half of total U.S. oil imports. If that supply suddenly disappeared, it wouldn’t just be a problem for North America; the implications of this would be prominent throughout the global energy market.
Sources
- SelectUSA (Date Accessed: 6/1/2017)