Current Energy Market Trends

Energy storage will disrupt consumption patterns.

Current energy market trends.

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. As a plant manager the most important way to prepare for this change is to identify opportunities that these energy industry trends present before they disrupt your business. Find information about the energy sector and industry performance in the u s. Here are the key trends that will shape the e u industry.

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. Learn about eia and energy department organizations that track energy prices and trends. 2019 promises to be an exciting year for renewable energy. The energy industry is poised for transformation in 2018 and beyond.

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. In an industry used to the highs and lows of economic and commodity price cycles 2020 poses great challenges to oil and gas companies. Track the energy performance of the stock sector against the broad global market us index. Renewable energy industry primed for continued growth.