For many years there has been a steady increase in global energy demand. In 2020, the installed capacity of energy systems reached 24.2 billion MWh. In 2021, these figures will rise to 25 billion MWh. According to the IEO 2021 data, in 2020, the world’s electricity production reached more than 28.2 billion MWh, and the minimum rate was 0.8 billion MWh. We cordially invite you to cooperate with us in the implementation of research in the energy sector.
Analyzing the energy market, it can be seen that in 2020 the rate of energy consumption was 2.3 billion MWh. In 2021, this indicator will increase to 2.5 billion MWh. The energy consumption rate is an important indicator because it tells us how much energy is produced in our society. According to IEA data, in 2020 global electricity production was more than 28.2 billion MWh, an increase of 4% compared to 2019 data. In 2020, energy consumption was 2.3 billion MWh, an increase of 3.2% compared to 2019 data. In 2021, energy production is expected to increase further, and energy consumption is expected to increase by 2.5 billion MWh. According to IEA data, in 2020, the installed capacity index of energy systems amounted to 24.2 billion MWh. In 2021, this indicator will increase to 25 billion MWh. The installed capacity index is an important indicator because it tells us how fast the demand for energy is growing in our society. In general, it can be said that the energy market is growing at a rapid pace. Year after year, we see an increase in both energy production and consumption. In 2021, it is expected that energy production will continue to grow and energy consumption will increase by 2.5 billion MWh. The rate of installed capacity in power systems will also continue to grow, and will reach 25 billion MWh in 2021.