With continued volatility impacting the industry, it’s imperative that energy and natural resource organizations have a go-to source of energy data.
KPMG is proud to be working in association with the Energy Institute on the latest Statistical Review of World Energy. The Statistical Review compiles and analyses data on world energy production, consumption, and emissions from the prior year. It has been providing timely, broad-ranging, and objective data to the energy community since 1952. It is free for users to access.
The new 2024 edition of the Statistical Review of World Energy will be published on Thursday 20 June 2024, providing free-to-access data on global energy production, consumption, trade and emissions for the full year 2023.
On 26 June, Simon Virley CB FEI, Sector Head of Energy and Natural Resources and Vice-Chair, KPMG in the UK, joined a panel of professionals as part of the live launch event for the 2023 report. The panelists had a thought-provoking discussion on the latest trends in energy production, consumption, and emissions from the prior year. You can now watch the session on demand here.
The EI Statistical Review is essential reading for policymakers around the world trying to balance the energy trilemma. All aspects of the trilemma were put under severe strain in 2022. Despite record growth in renewables, the share of world energy still coming from fossil fuels remains stubbornly stuck at 82%, which should act as a clarion call for governments to inject more urgency into the energy transition.
The data contained within the Statistical Review sheds light on a remarkable year in energy, where three interconnected crisis – supply, price, and climate – unfolded in tandem. The review points to the need for urgent actions on part of all stakeholders to bend the global temperature curve through demand side initiatives to reduce energy consumption and supply side interventions to scale up low carbon resources.
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