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The global energy pattern is changing rapidly, and the focus of debate inside and outside the industry is how fast and to what extent it can change. The answers to these key questions will translate into hundreds of billions of dollars in investment decisions, urban planning and design, and the cost of managing the environment.

Global energy growth:

(1) Energy consumption

In 2018, global primary energy consumption reached 20.4 billion tons of standard coal, an increase of 2.3% over the previous year. Among them, Asia Pacific contributed 62.8% of global growth, North America contributed 27.5%, and European energy consumption increased negatively.

(2) Non-fossil energy

The proportion of non-fossil energy increased to 20.3%.

(3) Electricity consumption

In 2018, global power consumption was approximately 24.5 trillion kWh, an increase of 3.1% over the previous year, and the growth rate reached a new high in the past five years. Asia-Pacific power accounts for 47% of global power consumption, contributing 3/4 of global growth; Europe and the United States together account for 41%, and the contribution rate is less than 1/5; China's power consumption is about 1.6 times that of the United States, and China, the United States and India together account for Half of the global total.

(4) Power installation

In 2018, global installed power generation reached 7.16 billion kilowatts, an increase of 3.8% over the previous year. Among them, Asia-Pacific contributed 72% of the newly installed capacity, accounting for 46% of the world's total; the European and American combined contribution rate was about 14%, and the total share accounted for 42%.

(5) Proportion of installed renewable energy

The installed capacity of renewable energy power generation accounted for 36% of the total installed capacity, and the generation capacity accounted for 27%. In 2018, the proportion of global electricity consumption in terminal energy consumption was 19.2%; in developed countries, it is generally higher, and in China it is 24%.

(6) Electrification level

The level of electrification continues to increase with economic growth, and the electrification process in developing countries is much faster than that in developed countries under the same income conditions.

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