Description

Global Markets Direct’s “Top Ten Global Energy Trends in 2009” focuses on the key challenges and trends in the energy sector during 2009. The turbulences in the global financial arena, dramatic fluctuations in crude oil prices and the politico-environmental concerns about conventional energy use have set the stage for significant developments in the global energy sector. The major areas of focus include the impact of the financial crisis on the petroleum sector, challenges in the conventional as well as non conventional energy sector, technological developments in the new and alternative energy sectors and expansion potential of the nuclear energy industry. The report addresses the various issues the global energy industry will face during 2009 and analyses the challenges and opportunities for potential investment in the energy market.

Scope

• Capital expenditure on oil exploration and production will continue to stagnate in 2009
• Oil price volatility to continue in the short term but likely to stabilize within a lower narrow band by the end of 2009
• Clean energy projects will play a crucial role in the long term energy needs of the world although there will be reduced investment in 2009
• New investments in unconventional oil and gas projects will decline in 2009
• Coal will continue to be the highest consumed energy source in 2009 despite a shift towards nuclear and alternative sources
• Nuclear energy will play an increasing role in meeting the global energy needs even though some new projects might be delayed in 2009
• European countries’ will continue to increase efforts to reduce their dependence on Russian natural gas in 2009
• Demand for natural gas to continue to increase in 2009
• Electricity generation capacity to grow in 2009 while distribution and transmission would require further investments
• Rise in construction costs will delay projects in the refining sector