Vassia Sourtzi, senior energy transition specialist at Lloyd’s Register, looks at the factors impacting the global fuel mix The global energy landscape is undergoing a significant transformation as nations grapple with the dual imperatives of meeting rising energy demands and reducing greenhouse gas emissions. Overall, global total final energy consumption (TFEC) has increased from 268 EJ (exajoule) in 2000 to just under 380 EJ in 2019, equivalent to a compound annual growth rate over the period of 1.9% per annum. Despite being significantly impacted in the early stages of the global pandemic and falling 4.7% year on year (YoY) in […]
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