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Glossary

Total final energy consumption

Final consumption measures the needs for energy of final consumers, excluding inputs and losses involved in the energy transformation sectors.

Total primary energy consumption

Primary consumption measures the total energy consumption of a country, including all losses and own consumption within transformation process.

Share of electricity in final consumption

This corresponds to the ratio between the final consumption of electricity and the total final consumption of energy, excluding inputs and losses involved in the energy transformation sectors.

Share of fossil fuels in primary energy consumption

This corresponds to the ratio between the primary energy consumption of fossil fuels (coal, oil and gas) and the total primary consumption.

Final electricity consumption

Final electricity consumption measures the needs of final consumers for electricity, excluding inputs and losses involved in the energy transformation sectors.

Total electrical capacity

Installed capacity: from private and public utilities and autoproducers. Include cogeneration and fuel cells.

Total electricity generation

Electricity generation: includes the gross electricity generation from private and public utilities and autoproducers. It includes cogeneration and fuel cells.

Share of renewables in primary energy consumption

The ratio between primary consumption of renewable energy sources, either as transformation input or in final demand sectors, on the total primary energy demand.

Share of renewables in final energy consumption

This corresponds to the ratio between the final energy consumption of renewables and the total final consumption of energy, excluding inputs and losses involved in the energy transformation sectors.

Share of renewables in electricity generation

Share of renewables in electricity generation corresponds to the ratio between the electricity generated from renewable energy sources (wind, solar, large and small hydro, biomass, geothermal or others) and total electricity generation. It is expressed as a percentage (%).

Total CO2 emissions (incl. industrial processes)

CO2 emissions are anthropogenic emissions from the combustion of fossil fuels and industrial processes. CO2 emissions from the agriculture sector, land use, land use change, forestry and animal husbandry are not included. Biomass combustion is considered to be carbon-neutral.

CO2 intensity of electricity generation

CO2 intensity of electricity generation represents the amount of anthropogenic CO2 emissions associated to the generation of one kilowatt-hour of electricity. It is expressed in gram of CO2 per kilowatt-hour (gCO2/kWh).

CO2 intensity to GDP

CO2 intensity to GDP corresponds to the amount of anthropogenic CO2 emissions from fossil fuels combustion associated to the generation of one unit of Gross Domestic Product (GDP). This indicator is measured in constant dollars at purchasing power parity (kgCO2/US$15ppp).

CO2 intensity per capita

CO2 intensity per capita measures the total anthropogenic CO2 emissions from fossil fuels combustion per head of population. This indicator is expressed in ton of CO2 per capita (tCO2/cap).

EnerFuture: Global Energy Forecasts

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25

Apr

The Russian Ministry of Economic Development has lowered its forecasts for the country's crude oil export prices over the 2024-2027 period to US$65/bbl. The forecasts were cut from previous estimates of US$71.3/bbl for 2024, US$70.1/bbl for 2025 and US$70/bbl for 2026.

22

Apr

The European Union Agency for the Cooperation of Energy Regulators (ACER) has published its European LNG Market Monitoring Report (MMR). According to the report, the EU outpaced China as the largest global LNG importer in 2023, with 134 bcm of LNG imports recorded, while the United States have surpassed Qatar and Australia as the largest LNG producer, with an estimated export volume of 119 bcm in 2023. The EU’s increased demand of LNG may reach its peak during 2024 under ‘REPowerEU’ demand scenarios, at 330 bcm.

11

Apr

According to a white paper from the China Energy Storage Alliance (CNESA), China’s battery storage capacity addition is expected to slow down from 34.5 GW in 2023 to 30.1 GW in 2024 (-13%) under conservative estimates, as energy storage struggles with low profitability, cause most notably by high upfront costs. With more favourable conditions, new addition in China are forecast to increase by almost a fifth in 2024 to 41.2 GW, which remains, however, below the projected 35% global growth rate of battery storage capacity addition. China needs battery storage as a back up to integrate rising intermittent renewables capacity into power grids, in a context where gas-fired capacity is limited. 

10

Apr

The local Chinese government of the Shanxi province has published the "2024 Work Plan for Stable Coal Production and Supply in Shanxi Province", proposing a slight reduction in the coal output to reach 1.3 Gt during 2024. Citing safety concerns and weak demand that caused a fall in prices, the province will voluntarily reduce 4% of its coal output from the 1.36 Gt produced in 2023. However, production is expected to increase in the coming months to reach the 1.3 Gt of coal during 2024, due to mines working under 70% of the registered production capacity because of production restrictions.