Current Energy Market Trends

The energy industry is poised for transformation in 2018 and beyond.

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. 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. Track the energy performance of the stock sector against the broad global market us index.

Renewable energy industry primed for continued growth. Here are the key trends that will shape the e u industry. Energy storage will disrupt consumption patterns. 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.

2019 promises to be an exciting year for renewable energy. 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. In an industry used to the highs and lows of economic and commodity price cycles 2020 poses great challenges to oil and gas companies. Learn about eia and energy department organizations that track energy prices and trends.