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Home White papers

White Paper: World Power Disaster Report

by manusohal
January 31, 2023
in White papers
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White Paper: World Power Disaster Report
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Please notice that this white paper is unique to BCI Members solely. In case you are a Member please login into your web site account to learn the complete content material.

The present power disaster has been affecting organizations all through the world for the reason that starting of

2022. The battle in Ukraine because of the Russian invasion has created new challenges, whereas

additionally exposing lengthy standing inefficiencies within the international power market.

Previous to the start of the battle, the worldwide demand for oil and fuel was already outgrowing the accessible provides, which is the first structural downside that constitutes a significant threat. Whereas coverage makers thought international locations exterior OPEC might enhance their provide and make up for such an extra in demand, the Ukraine battle has worsened expectations dramatically. Equally, excessive hopes for liquefied pure fuel (LNG) met a disappointing actuality as soon as the pandemic began, resulting in a way more fragmented situation, with areas resembling Europe having skilled a lower in reserves.

To be the primary to find out about BCI Information and extra comply with us on LinkedIn right here, or on Twitter @TheBCEye

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