Current Energy Market Trends

The evolving trends are already visible in the form of smarter grids greener and cleaner sources of energy greater customer choices and the resultant empowerment.

Current energy market trends. 1 in the first half of 2019 wind and solar together accounted for approximately 50 percent of total us renewable electricity generation displacing hydroelectric power s dominance. As a plant manager the most important way to prepare for this change is to identify opportunities that these energy industry trends present before they disrupt your business. Energy information administration eia collects analyzes and disseminates independent and impartial energy information to promote sound policymaking efficient markets and public understanding of energy and its interaction with the economy and the environment. The energy industry is poised for transformation in 2018 and beyond.

2019 promises to be an exciting year for renewable energy. Track the energy performance of the stock sector against the broad global market us index. Here are the key trends that will shape the e u industry. The spread of covid 19 has disrupted global financial and commodity markets as well as the us oil and gas industry now showing decline in energy demand without parallel.

An increasing number of countries companies and regions are embracing new technologies and establishing markets for renewables and storage. Learn about eia and energy department organizations that track energy prices and trends. For the first time ever in april 2019 renewable energy outpaced coal by providing 23 percent of us power generation compared to coal s 20 percent share. Renewable energy industry primed for continued growth.