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Sinochem New Network News 2020 is the most turbulent year in the history of modern global energy
.
bp released the 70th edition of "bp World Energy Statistics Yearbook" on July 8
According to the "Yearbook", primary energy consumption fell by 4.
5% in 2020, the largest drop since 1945
.
The decline in oil consumption accounted for nearly three-quarters of the net reduction in primary energy consumption and was the main factor contributing to this decline
According to the "Yearbook", although total energy demand is declining, wind, solar, and hydropower have all increased
.
In 2020, the installed capacity of wind and solar energy will increase rapidly, reaching a total of 238 GW, which is 50% higher than the historical peak
According to the Yearbook, the average oil price (spot Brent spot price) in 2020 is US$41.
84/barrel, the lowest since 2004
.
Global oil demand fell by 9.
In terms of natural gas, natural gas prices have fallen to multi-year lows: the average price of Henry Hub in the United States in 2020 is 1.
99 US dollars per million British thermal units, which is the lowest level since 1995; Asian LNG prices (Japan-South Korea benchmark) have fallen to the lowest in history Point, which is 4.
39 US dollars per million British thermal units
.
However, the proportion of natural gas in primary energy continues to rise, reaching 24.
In terms of coal, coal consumption fell by 6.
2 EJ, or 4.
2%, with the highest decline in consumption in the United States (-2.
1 EJ) and India (-1.
1 EJ)
.
The OECD's coal consumption fell to the lowest point recorded in bp data since 1965
In terms of renewable energy, hydropower and nuclear power, the "Yearbook" mentioned that renewable energy (including biofuels, but excluding hydropower) increased by 9.
7%, which was lower than the average of the past ten years (13.
4%), but the absolute value of the increase in energy (2.
9 Ai Jiao) Similar to 2017, 2018 and 2019
.
Solar power generation achieved the highest ever growth rate of 1.
In terms of electricity, total global power generation fell by 0.
9%, which was greater than the decline in 2009 (-0.
5%)
.
And 2009 is the only year in which bp has released power data since 1985, when power demand has fallen
