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    Home > Chemicals Industry > International Chemical > Global primary energy consumption grew by 2.9% in 2018, the highest since 2010

    Global primary energy consumption grew by 2.9% in 2018, the highest since 2010

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
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    According to the BP Energy report, global primary energy consumption grew rapidly to 2.
    9% in 2018, almost double the average annual growth rate of the past decade and the fastest growth rate
    since 2010.

    In 2018, global primary energy consumption was dominated by natural gas and renewable energy
    .
    However, carbon emissions rose at the highest rate in seven years, reaching the highest rate in seven years at a rate
    of 2.
    0%.

    By fuel, the increase in energy consumption was driven by natural gas, which accounted for more than
    40% of the increase.
    While renewables remain the second-largest increase in energy growth, all fuels except renewables are growing faster than their 10-year average
    .

    China, the United States and India together account for more than two-thirds of global energy demand growth, and U.
    S.
    energy consumption is growing
    at the fastest pace in 30 years.

    petroleum

    In 2018, the global average oil price rose to $71.
    31 per barrel from $
    54.
    19/b in 2017.
    Oil consumption rose 1.
    5% to 1.
    4 million barrels
    per day.
    China (680,000 b/d) and the United States (500,000 b/d) were the largest contributors
    to growth.

    Global oil production increased by 2.
    2 million b/d, with almost all of the net increase coming from the United States, which increased production (2.
    2 million b/d).

    In addition, Venezuela fell by 580,000 b/d and Iran by 310,000 b/d, offsetting production increases
    of 410,000 b/d in Canada and 390,000 b/d in Saudi Arabia.

    Refinery capacity increased by 960,000 b/d, down from 1.
    5 million b/d
    in 2017.
    However, average refinery utilization climbed to its highest level since 2007

    natural gas

    Natural gas consumption increased by 195 billion cubic meters (bcm) in 2018, an increase of 5.
    3%, one of
    the fastest growth rates since 1984.
    Growth in natural gas consumption was mainly driven by the United States (7.
    8 billion cubic meters), followed by China (4.
    3 billion cubic meters), Russia (2.
    3 billion cubic meters) and Iran (1.
    6 billion cubic meters).

    Global natural gas production increased by 19 billion cubic meters, or 5.
    2%.

    Almost half of them came from the United States (8.
    6 billion cubic meters), followed by Russia (3.
    4 billion cubic meters), Iran (1.
    9 billion cubic meters) and Australia (1.
    7 billion cubic meters).

    coal

    Coal consumption grew by 1.
    4% in 2018, double the 10-year average
    .

    Consumption growth came mainly from India (36 million tonnes) and China (16 million tonnes).

    OECD demand fell to its lowest level
    since 1975.

    Coal's share of primary energy fell to 27.
    2 percent, a fifteen-year low
    .

    Global coal production increased by 162 million tonnes, or 4.
    3%.

    China contributed 82 million tons, followed by Indonesia with 51 million tons
    .

    Renewable energy, hydropower, nuclear power

    Renewable energy grew by 14.
    5% in 2018, slightly below its historical average
    .
    Solar power generation increased by 30 million tonnes of oil equivalent, slightly lower than wind growth (32 million tonnes of oil equivalent).

    By country, China is again the largest contributor to renewable energy growth (3,200 tonnes of oil equivalent), outpacing the OECD as a whole (260 billion tonnes of oil equivalent).

    Hydropower grew by 3.
    1% above average, and European power generation rebounded by 9.
    8% (12.
    9 mtoe), almost offsetting the sharp decline
    in the previous year.

    Nuclear power generation grew by 2.
    4 percent, the fastest growth
    since 2010.
    China's 10 million tonnes of oil equivalent accounted for nearly three-quarters of global growth, followed by Japan with 5 million tonnes of
    oil equivalent.

    electricity

    Stimulated by the markets of China, the United States and India, global power generation increased by an average of 3.
    7%
    in 2018.
    Among them, China accounted for more than
    half of the increase.

    Renewables accounted for one-third of the net increase in electricity generation, followed by coal (31%) and natural gas (25%)
    .

    In 2018, the share of renewables in electricity generation increased from 8.
    4% to 9.
    3%.

    But coal still accounts for the largest share of electricity generation, at 38 percent
    .

    According to the BP Energy report, global primary energy consumption grew rapidly to 2.
    9% in 2018, almost double the average annual growth rate of the past decade and the fastest growth rate
    since 2010.

    Energy consumption

    In 2018, global primary energy consumption was dominated by natural gas and renewable energy
    .
    However, carbon emissions rose at the highest rate in seven years, reaching the highest rate in seven years at a rate
    of 2.
    0%.

    By fuel, the increase in energy consumption was driven by natural gas, which accounted for more than
    40% of the increase.
    While renewables remain the second-largest increase in energy growth, all fuels except renewables are growing faster than their 10-year average
    .

    China, the United States and India together account for more than two-thirds of global energy demand growth, and U.
    S.
    energy consumption is growing
    at the fastest pace in 30 years.

    petroleum

    petroleum

    In 2018, the global average oil price rose to $71.
    31 per barrel from $
    54.
    19/b in 2017.
    Oil consumption rose 1.
    5% to 1.
    4 million barrels
    per day.
    China (680,000 b/d) and the United States (500,000 b/d) were the largest contributors
    to growth.

    Global oil production increased by 2.
    2 million b/d, with almost all of the net increase coming from the United States, which increased production (2.
    2 million b/d).

    In addition, Venezuela fell by 580,000 b/d and Iran by 310,000 b/d, offsetting production increases
    of 410,000 b/d in Canada and 390,000 b/d in Saudi Arabia.

    Refinery capacity increased by 960,000 b/d, down from 1.
    5 million b/d
    in 2017.
    However, average refinery utilization climbed to its highest level since 2007

    natural gas

    natural gas

    Natural gas consumption increased by 195 billion cubic meters (bcm) in 2018, an increase of 5.
    3%, one of
    the fastest growth rates since 1984.
    Growth in natural gas consumption was mainly driven by the United States (7.
    8 billion cubic meters), followed by China (4.
    3 billion cubic meters), Russia (2.
    3 billion cubic meters) and Iran (1.
    6 billion cubic meters).

    Global natural gas production increased by 19 billion cubic meters, or 5.
    2%.

    Almost half of them came from the United States (8.
    6 billion cubic meters), followed by Russia (3.
    4 billion cubic meters), Iran (1.
    9 billion cubic meters) and Australia (1.
    7 billion cubic meters).

    coal

    coal

    Coal consumption grew by 1.
    4% in 2018, double the 10-year average
    .

    Consumption growth came mainly from India (36 million tonnes) and China (16 million tonnes).

    OECD demand fell to its lowest level
    since 1975.

    Coal's share of primary energy fell to 27.
    2 percent, a fifteen-year low
    .

    Global coal production increased by 162 million tonnes, or 4.
    3%.

    China contributed 82 million tons, followed by Indonesia with 51 million tons
    .

    Renewable energy, hydropower, nuclear power

    Renewable energy, hydropower, nuclear power

    Renewable energy grew by 14.
    5% in 2018, slightly below its historical average
    .
    Solar power generation increased by 30 million tonnes of oil equivalent, slightly lower than wind growth (32 million tonnes of oil equivalent).

    By country, China is again the largest contributor to renewable energy growth (3,200 tonnes of oil equivalent), outpacing the OECD as a whole (260 billion tonnes of oil equivalent).

    Hydropower grew by 3.
    1% above average, and European power generation rebounded by 9.
    8% (12.
    9 mtoe), almost offsetting the sharp decline
    in the previous year.

    Nuclear power generation grew by 2.
    4 percent, the fastest growth
    since 2010.
    China's 10 million tonnes of oil equivalent accounted for nearly three-quarters of global growth, followed by Japan with 5 million tonnes of
    oil equivalent.

    electricity

    electricity

    Stimulated by the markets of China, the United States and India, global power generation increased by an average of 3.
    7%
    in 2018.
    Among them, China accounted for more than
    half of the increase.

    Renewables accounted for one-third of the net increase in electricity generation, followed by coal (31%) and natural gas (25%)
    .

    In 2018, the share of renewables in electricity generation increased from 8.
    4% to 9.
    3%.

    But coal still accounts for the largest share of electricity generation, at 38 percent
    .

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