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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

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. Wind and solar reached a record high of 12% share of power generation with solar recording 25% and wind power 13.5% Output from nuclear power fell by 4.4%.