SOURCES

Trend 01

Global Energy Demand Continues to Rise, Despite Economic Challenges

1: “Global electricity consumption continues to rise faster than population,” U.S. Energy Information Administration (EIA)

2: “Energy demand: Three drivers,” ExxonMobil

Trend 02

Another Year of Market Volatility

1: “Currency depreciations risk intensifying food, energy crisis in developing economies,” The World Bank

TREND 03

The U.S. Solidifies Its Role as a Major Energy Exporter

1: “U.S. LNG export capacity to grow as three additional projects begin construction,” U.S. Energy Information Administration (EIA)

2: “Made in America: The economic impact of LNG exports from the United States,” Deloitte

3: “Liquefied natural gas will continue to lead growth in U.S. natural gas exports,” U.S. Energy Information Administration (EIA)

Trend 04

The Impact of Commodity Prices on Renewable Energy

1: “2023 renewable energy industry outlook: Growth unleashed amid headwinds,” Deloitte

Trend 05

A Push for Electrification Affects Market Volatility

1: “Charging into the future: the transition to electric vehicles,” U.S. Bureau of Labor Statistics

Trend 07

Tackling the Challenge of Energy Storage

1: “U.S. battery storage capacity will increase significantly by 2025,” U.S. Energy Information Administration (EIA)