Despite stagnant economic growth globally, primary energy consumption surged in 2013, with growth for nuclear power and renewables in power generation expanding at above-average rates, BP said in its recently released Statistical Review of World Energy 2014.
According to the report, world power generation grew 2.5% in 2013, slightly up over 2012 (which saw 2.2% growth over 2011) but below the 10-year trend (3.3%). And while electricity generation fell for the third year in a row in member countries of the Organisation for Economic Co-operation and Development (OECD), it surged 4.8% in non-OECD countries. China, followed by the U.S., was the world’s largest power generator. Meanwhile, India overtook Japan to take third place.Read more...
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