Energy refers to the general term for substances that can generate various energy (such as heat, electrical energy, light energy, and mechanical energy, etc.) or can perform work, and refers to various resources that can be directly obtained or obtained through processing and conversion. , crude oil, natural gas, coalbed methane, water energy, nuclear energy, wind energy, solar energy, geothermal energy, biomass energy and other primary energy and electricity, heat, refined oil and other secondary energy, as well as other new energy and renewable energy.
Oil, coal and natural gas, as non-renewable resources, are the world’s major national strategic reserves and are related to national security and development. Coal is one of the main energy sources used by the human world since the 18th century; oil is known as the “blood of industry” and is an important global mineral resource; natural gas is a clean energy. Demand, natural gas are both considered dependable businesses. Specifically, in terms of total resource reserves, in 2020, the global reserves of oil, coal and natural gas resources will be 237.33 billion tons, 1,074.11 billion tons and 188.07 trillion cubic meters respectively.
The world’s oil reserves are mainly concentrated in the Middle East and other countries. The United States and Russia have the largest coal reserves, and Russia ranks first in the world in terms of natural gas reserves. Overall, Russia’s three major energy reserves are in the forefront of the world.
From 2015 to 2019, global oil, coal and natural gas production all showed an upward trend. In 2020, due to the impact of the new crown epidemic, the world’s three major energy production has been reduced, and global electricity consumption has also declined. Specifically, in 2020, natural gas production will decline historically, and the LNG market will be oversupplied.
In 2020, Covid-19 restrictions and the ensuing economic downturn triggered a drop in oil demand, mainly as travel restrictions severely affected the sector. Global coal demand in 2020 saw the biggest drop in decades, mainly due to a drop in electricity demand due to COVID-19 restrictions. In 2020, natural gas will be less affected than oil and coal. In 2021, under the normalized prevention and control of the epidemic, the consumption of the three major energy sources will rebound. From the perspective of energy consumption structure, the three major energy consumption accounts for 83% of global energy consumption in 2020.
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