Current Energy Market 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.

Current energy market trends. In an industry used to the highs and lows of economic and commodity price cycles 2020 poses great challenges to oil and gas companies. An increasing number of countries companies and regions are embracing new technologies and establishing markets for renewables and storage. 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. Learn about eia and energy department organizations that track energy prices and trends.

Renewable energy industry primed for continued growth. Here are the key trends that will shape the e u industry. Find information about the energy sector and industry performance in the u s. 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.

Track the energy performance of the stock sector against the broad global market us index. The energy industry is poised for transformation in 2018 and beyond. 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. 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.