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    Home > Chemicals Industry > China Chemical > "Bp World Energy Statistics Yearbook": Primary energy consumption drops sharply, and the scenery is growing rapidly

    "Bp World Energy Statistics Yearbook": Primary energy consumption drops sharply, and the scenery is growing rapidly

    • Last Update: 2021-08-09
    • Source: Internet
    • Author: User
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    On July 8, bp released the 70th edition of the bp World Energy Statistics Yearbook (hereinafter referred to as the Yearbook)
    .


    The "Yearbook" shows that in 2020, primary energy consumption and carbon emissions due to energy use both created the largest decline since World War II


    Spencer Dale, chief economist of the bp group, said that the global blockade in 2020 has had a huge impact on the energy market.


    Due to the sharp decline in traffic and transportation demand, the oil industry has been hit hard


    Primary energy has the biggest decline since 1945

    According to the "Yearbook", primary energy consumption will fall by 4.


    5% in 2020, the largest drop since 1945


    In terms of oil, the average oil price (spot Brent spot price) in 2020 is US$41.


    84/barrel, the lowest since 2004


    In terms of natural gas, natural gas prices fell to multi-year lows
    .


    In 2020, the average price of Henry Hub in the United States was US$1.
    99 per million British thermal units, which was the lowest level since 1995; Asian LNG prices (Japan-Korea benchmark) fell to the historical low of US$4.


    The supply of liquefied natural gas increased by 4 billion cubic meters, a growth rate of 0.


    6%, which was far below the average growth rate of 6.


    In terms of coal, coal consumption fell by 6.


    2 EJ, or 4.


    Judging from the situation of various countries, the energy consumption of the United States, India and Russia have fallen the most
    .


    China has the highest increase in energy consumption (2.
    1%), and it was one of the few countries where energy demand showed an upward trend last year


    It is worth mentioning that carbon emissions due to energy use will drop by more than 6% in 2020, the largest drop since 1945
    .

    "Compared with the challenges that the energy system will face in the next 10, 20, or 30 years, the challenges faced in the past 70 years are insignificant
    .
    In order to achieve net zero emissions, both the country and enterprises need to implement relevant long-term goals, sustained and substantial Reduce emissions
    .
    From companies to governments and consumers, all parties need to participate and play a role
    .
    " Dai Sipan said
    .

    The installed capacity of wind energy and solar energy is growing rapidly

    Although primary energy consumption and total energy demand are declining, wind, solar, and hydropower have all increased
    .
    The "Yearbook" shows that the installed capacity of wind and solar power will increase rapidly in 2020, reaching a total of 238 GW, which is 50% higher than the historical peak
    .

      Solar power generation achieved the highest ever growth rate of 1.
    3 AJ, an increase of 20%
    .
    Wind energy achieves 1.
    5 exjoules, contributing the most to the growth of renewable energy
    .

      At the same time, the installed capacity of solar energy increased by 127 GW and the installed capacity of wind energy increased by 111 GW, almost twice the largest increase in previous years
    .

      China is the largest contributor to the growth of renewable energy (1.
    0 eJ), followed by the United States (0.
    4 eJ)
    .
    Europe as a region as a whole contributes 0.
    7 Ejo
    .

      Overall, renewable energy (including biofuels, but excluding hydropower) increased by 9.
    7%, which was lower than the average level of the past ten years (13.
    4%), but the absolute value of energy increase (2.
    9 eJ) was compared with 2017, 2018 and 2019.
    Years are similar
    .

      The rapid growth of renewable energy has increased its share of electricity generation
    .
    Data show that the proportion of renewable energy in power generation has increased from 10.
    3% to 11.
    7%
    .
    The proportion of coal power generation dropped by 1.
    3 percentage points to 35.
    1%, which was the lowest recorded by bp
    .

      "The world does need more low-carbon companies
    .
    But perhaps the most important thing is to achieve the decarbonization of energy companies, and based on the existing scale and expertise of these companies, to help the global energy system achieve a comprehensive and in-depth transformation and repositioning
    .
    This is not only the global expectation of the energy industry in the next 30 years, but also the need for industry development
    .
    It is hoped that producers and consumers, as well as enterprises, governments and the whole society should work together to advance this necessary change
    .
    " bp Group CEO Lu Bernard Looney said
    .
    (China Industry News Yu Na)


      Transfer from: China Industry News

      

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