global economic crisis australia

global economic crisis australia

Top Ten Global Energy Trends in 2010—-Aarkstore Enterprise Market Research Aggregation

Aarkstore announce a new report “Top Ten Global Energy Trends in 2010″ through its vast collection of market research report.

Summary

The leading business intelligence provider, has released its latest research “Top Ten Global Energy Trends in 2010” The study, which is an offering from the company’s Energy Research Group, provides an analysis of the key challenges and potential short term trends in the global energy sector during 2010. The major areas of focus include impact of the financial crisis and the after effects of the crisis and the global economic recession on the energy sector. Challenges in conventional as well as non conventional energy sector, technological developments in new and alternative energy sectors and the nuclear industry are also analyzed. The global economic recovery and the impact on the capital expenditure in the petroleum industry in 2010, growing trend towards the offshore oil and gas industry and the approach of the oil and gas companies to prepare for the upturn are some of the other issues that have been analyzed in the report. The report highlights and analyses the most critical trends or issues in the global energy sector in 2010. The report is built using the data and information sourced from proprietary databases, primary and secondary research and in house analysis by Global Markets Direct’s team of industry experts.

The global energy industry is at a key juncture in terms of its short and long term outlook. On the one hand, the highly volatile commodity markets and the prevalent low prices following the global recession have resulted in an overall bleak outlook for the industry in the short term. On the other hand, 2009 is the year of Global Climate Change Summit which is expected to lead to a global climate change framework thereby establishing norms to mitigate climate change which in turn is expected to have a significant impact on the energy industry in the long term. The two main factors of global recession and climate change are threatening the energy industry by providing a negative outlook for the energy demand in the future. However, there have been signs of a global economic recovery with many of the large economies growing positively in the second half of 2009 which is expected to be the key trend in 2010. The negative outlook on the energy industry also had depressed the valuations of the companies and their assets. However, companies with strong fiscal positions are seeing this as an opportune time for mergers and acquisitions and buying assets. With the global economy poised for recovery in 2010, the energy industry is expected to witness a positive outlook with various segments witnessing these key trends.

Global energy consumption was about 11294.9 Mtoe in 2008 which was an increase of 1.7 per cent from 2007. The economic downturn by the end of 2008 had a negative impact on the growth in energy consumption. This downward trend has continued in 2009. Global energy consumption in 2009 is expected to slightly increase to about 11428.1 Mtoe with an annual growth rate of 1.2 percent from 2008. As lack in demand in major energy consuming sectors and a general unhealthy environment for consumer spending has had a negative effect on the growth of the energy consumption from the second half of 2008. The US total energy consumption had a negative growth in 2008 and is expected to continue in 2009. Similarly, many European economies including Denmark, Portugal, UK and Asia Pacific economies such as Japan, Taiwan and Australia also consumed less energy in 2008. Further, the total energy consumption in the OECD economies is expected to continue to witness a negative growth in 2009. However, with the global economy expected to recover in 2010, energy consumption in the OECD economies is expected to grow. The improving economic conditions in 2009 and the expected recovery in 2010 will further drive the growth in energy consumption in these economies.

Scope

The report provides an in-depth analysis of the top global trends in the energy sector in 2010 with challenges and future prospects for the overall industry. The report provides critical analysis of the various trends in the different segments of the energy industry including oil and gas upstream and downstream, unconventional and offshore oil and gas sectors, nuclear energy, alternative energy, electricity sector and coal sector. The report also provides deal analysis of the oil and gas, nuclear and alternative energy sectors.

The scope of the report includes:
- The report analyses the impact of the financial crisis and the after effects of the global economic recession on the global energy sectors and its potential reverberations in 2010.
- Highlights the issues and challenges that the energy industry is expected to face in 2010.
- Covers deal activities in the oil and gas, upstream and downstream energy sectors.
- The report also provides information on deal activity in the alternative and renewable energy sector.
- The report also analyses the current and estimated capital expenditure in the exploration and production sector
- The report also covers the non – petroleum energy sectors such as coal, nuclear and clean energy and the electricity sectors and highlights the future trends in 2010.

For more information, please visit :

http://www.aarkstore.com/reports/Top-Ten-Global-Energy-Trends-in-2010-7887.html

Or email us at press@aarkstore.com or call +919272852585

About the Author

Aarkstore Enterprise is a leading provider of business and financial information and solutions worldwide. We specialize in providing online market business information on market research reports, books, magazines, conference at competitive prices, and strive to provide excellent and innovative service to our customers. Our customers include more than 700 leading financial institutions, professional service firms, consulting, law and accounting firms and other corporations throughout the world.

Is Europe facing hard economical times at the moment as well?

just wondering, is Europe and the UK going through economical hardship as bad as the US and Australia at the moment? are they in recession as well? i know its basically on a global scale but which countries arent being as affected as others? and how do you feel about the economic crisis? are you concerned?
…please answer… or this a little too deep and smart for yahoo answers

Of course, since we are living in the globalized economy, the economic problem of any country is not only a problem for that country, but it is felt by the whole world.

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