Global Energy Trends From The 2023 Statistical Review Of World Energy
R-Squared Energy
AUGUST 10, 2023
The decline was attributable to record price levels in Europe and Asia in 2022, rising nearly threefold in Europe and doubling in the Asian LNG spot market. Global electricity generation increased by 2.3% Renewables (excluding hydro) met 84% of net electricity demand growth in 2022. Henry Hub prices rose over 50% to average $6.5/MMBtu
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