Global energy industry may be on the path to recovery

By Admin
There are indications that the global energy industry may be entering a recovery mode, according to the EIC Monitor. Tentative improvement in the renewa...

There are indications that the global energy industry may be entering a recovery mode, according to the EIC Monitor. Tentative improvement in the renewable and power sectors are noted in the new quarterly report from the EIC, the leading trade association for UK companies that supply capital goods and services to the energy industries worldwide.
The EIC Monitor also shows the downstream sector has reached a plateau while the midstream and upstream sectors are still showing signs of economic volatility.
EIC Monitor tracks more than 7,000 projects in the global energy industry and provides an industry barometer, broken down into downstream, midstream, upstream, power and the renewables sectors. Data is analyzed by the number, value and, where appropriate, capacity of new active and proposed projects recorded by the EIC each quarter.
Key highlights of the Q2 2009 (April 1 - June 30, 2009) report include:

Share
Share

Featured Articles

Honeywell debunks hydrogen energy and its global challenges

Maya Gomez, Director of Green H2 CCM at Honeywell, uncovers the different types of hydrogen and the challenges of applying them for more sustainable energy

ABB Motion & WindESCo partner to strengthen wind energy

ABB Motion invests in WindESCo to sustain wind turbine performance, in a renewable energy drive that will help ABB in its net zero ambitions

Shell Energy UK and Germany acquired by Octopus Energy

Octopus delivers industry leading service whilst investing in clean energy systems — we will deliver this to the new customers too, says CEO Greg Jackson

Sustainability LIVE links to energy and electrification

Sustainability

Green energy: A hot topic at Sustainability LIVE 2023

Sustainability

Sustainability LIVE London sells out on 2023 conference

Sustainability