Energy, Utilities & Mining
According to the International Energy Agency, (IEA), global energy demand will grow up to 2035. The center of global energy demand is moving decisively towards emerging economies – they account for more than 90% of the net energy demand. The market for natural gas is becoming more global, with potential pricing implications. The growth of future global coal demand is uncertain, particularly because of the varying stringencies of environmental policies.
Estimates of recoverable oil resources continue to increase as technologies unlock types of resources, such as light tight oil, that were not considered recoverable only a few years ago. Oil use in 2035 maybe concentrated in just two sectors: transport and petrochemicals.
Global investment in the power sector amounts to $17 trillion by 2035, with over 40% in transmission and distribution networks.
Energy, Utilities & Mining as defined by CDI Global:
This is a very broad category that covers the energy sector. It includes all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution. In particular, the energy industry includes the petroleum industry, the gas industry, the electrical power industry, the coal industry, the nuclear power industry, and the renewable energy industry.
The utilities industry encompasses businesses that service the energy industry from generation and distribution of power, to products and services. Mining is the industry engaged in the exploration of mineral deposits and in the extraction and primary processing of these minerals.
The mining industry is divided into the following main groups: the fuel industry, the ore mining industry, the nonmetalic mineral and local building materials industry, the mining and chemical materials industry and the hydro mineral industry. These industries are complex with a high degree of regulation and can be very capital intensive.