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Oil, coal and gas made up 82% of global energy consumption last year, according to the Statistical Review of World Energy report by the Energy Institute and consultancies KPMG and Kearney. The report, which analyzes data on world energy markets, found that energy consumption rose by 1% in 2022, with fossil fuels helping to meet the demand,Oil consumption and production both increased last year, the report found. Gas made up 24% of global energy consumption, down slightly from 25% in 2021. As fossil fuels continued to dominate, the amount of planet-heating pollution produced by the energy sector rose to a new high last year, growing by 0.8%. Yet renewable energy, excluding hydropower, still only made up 7.5% of the world’s energy consumption in 2022.
Persons: ” Simon Virley, Juliet Davenport Organizations: CNN, World, Energy Institute, KPMG, Kearney, Gas Locations: China, India, Pakistan, Europe, North America, Paris
Energy consumption grew everywhere apart from Europe, including Eastern Europe. Renewables, excluding hydropower, accounted for 7.5% of global energy consumption, around 1% higher than the previous year. The share of fossil fuels in global energy consumption remained at 82%. Most oil demand growth came from revived appetite for jet fuel and diesel-related products. Europe accounted for much of LNG demand growth, increasing its imports by 57%, while countries in the Asia-Pacific region and South and Central America reduced purchases.
Persons: Juliet Davenport, consultancies, Shadia, Philippa Fletcher Organizations: Belchatow, REUTERS, Stezycki Companies, World Energy, Energy, Energy Institute, consultancies KPMG, Kearny, BP, Renewables, OECD, Central America, Thomson Locations: Zlobnica, Poland, Ukraine, Europe, Asia, Paris, Eastern Europe, United States, Nigeria, North America, Pacific, South, Central, Japan, China, India, Indonesia
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