Supply And Demand

Question 1

What is the composition in percentage of the global power energy mix?

Answer 1

Other 1%
Oil 3%
Nuclear 9%
Renewable 14%
Hydroelectric 15%
Natural gas 23%
Coal 35%

Question 2

Which continent from Asia Pacific and North America has the biggest coal proven reserves ? And why its life expectation is lower?

Answer 2

Total Asia Pacific has the biggest coal reserves (around 450000 Mn t) and life expectation lower than 100 years against 500 years for North America due to the fact that China with its billion population is consuming a lot of coal for their industrialisation.

Question 3

What are the biggest exporters and importers of petroleum?

Answer 3

USA to Europe
Saudi Arabia to Asia and America
Nigeria to Europe, Asia and America
Russia to Europe and China.

Question 4

What are the biggest exporters and importers of gas ?

Answer 4

USA to Europe
Qatar and Iran to Asia and Europe
Russia to Europe and Asia (However due to the Ukraine war, there is no more theoretically exports from Russia to Europe).

Question 5

Why is energy mix (not global) so different from a continent to another?

Answer 5

Resources are not spread equally
Eg: EU ≈ 65% fossil fuels, 20% renewable and 15% nuclear, MIDDLE EAST ≈ 99% fossil fuels and 1% renewable.