In keeping with the Power Institute’s (EI) newest statistical evaluate of world power, which was launched just lately, the world’s prime pure fuel producer final 12 months was the USA.
The U.S. produced 37.19 exajoules of pure fuel in 2024, which represented a yearly discount of 0.3 % and 25.0 % of complete pure fuel output final 12 months, the evaluate outlined. From 2014 to 2024, U.S. manufacturing of pure fuel has grown by a mean price of three.9 % per 12 months, the evaluate confirmed.
U.S. pure fuel manufacturing got here in at 25.37 exajoules in 2014, 26.65 exajoules in 2015, 26.18 exajoules in 2016, 26.90 exajoules in 2017, 30.27 exajoules in 2018, 33.41 exajoules in 2019, 33.29 exajoules in 2020, 34.00 exajoules in 2021, 35.67 exajoules in 2022, and 37.19 exajoules in 2023, in line with the EI’s evaluate.
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Russia was proven to be the second largest pure fuel producer final 12 months within the EI’s newest statistical evaluate of world power, which identified that the nation produced 22.68 exajoules of pure fuel in 2024. That determine represented a 7.1 % 12 months on 12 months enhance and 15.3 % of worldwide pure fuel manufacturing final 12 months, the evaluate identified. From 2014 to 2024, Russia has seen its pure fuel output enhance by a mean price of 0.6 % yearly, the evaluate highlighted.
Iran ranked because the third largest pure fuel producer in 2024 within the EI’s evaluate, with 9.46 exajoules. That determine marked a 12 months on 12 months enhance of 0.9 % and 6.4 % of worldwide pure fuel manufacturing final 12 months, in line with the evaluate, which outlined that, from 2014 to 2024, Iran’s pure fuel output has grown by a mean price of 4.1 % yearly.
Complete world pure fuel manufacturing got here in at 148.48 exajoules in 2024, in line with the EI’s newest statistical evaluate of world power, which outlined that OECD international locations delivered 39.3 % of the full output and non-OECD international locations delivered 60.7 %.
The whole world pure fuel manufacturing determine within the EI’s newest statistical evaluate of world power was a 1.2 % 12 months on 12 months enhance, the report confirmed. From 2014 to 2024, complete world pure fuel output has grown by a mean of 1.8 % yearly, the evaluate highlighted.
In its evaluate, the EI identified that its pure fuel manufacturing figures exclude fuel flared or recycled and embrace pure fuel produced for fuel to liquids transformation.
“In 2024, international fuel manufacturing elevated by 1.2 % to 4,124 billion cubic meters,” the EI acknowledged in its evaluate.
“The 4 largest producers are the U.S., Russia, Iran, and China who, collectively, account for 53 % of complete international manufacturing,” it added.
A launch posted on EI’s web site final month asserting the launch of the evaluate famous that the EI statistical evaluate of world power analyzes information on world power markets from the prior 12 months.
“It has been offering well timed, complete and goal information to the power group since 1952, initially from BP and, since 2023, below the custodianship of the EI and its co-authors KPMG and Kearney,” the discharge acknowledged.
“The statistical evaluate continues to be full, first, and free: the fullest, most dependable account of power manufacturing, consumption, commerce and emissions; the primary information supply to supply a whole international image of the earlier 12 months; and fully free to entry for customers,” the discharge continued.
The EI launched its first, and the general 72nd, annual version of the Statistical Assessment of World Power again in June 2023. The newest statistical evaluate of world power marks the general 74th version of the useful resource.
To contact the writer, e mail andreas.exarheas@rigzone.com
