IncollaborationwithStatisticalReviewofWorldEnergy2024|73rdeditionBacktocontentsBacktocontentsEnergyInstituteStatisticalReviewofWorldEnergy20241TheEnergyInstitute(EI)istheprofessionalmembershipbodyfortheworldofenergy.TheEIStatisticalReviewofWorldEnergy™analysesdataonworldenergymarketsfromtheprioryear.Ithasbeenprovidingtimely,comprehensiveandobjectivedatatotheenergycommunitysince1952.ExplorethedataonlineAllthetablesandchartsfoundintheprintededitionareavailableatenergyinst.org/statistical-reviewalongsideanumberofextras,including:•Theenergychartingtool–viewpredeterminedreportsorchart-specificdataaccordingtoenergytype,region,countryandyear.•Historicaldatafrom1965formanysectors.Additionalcountryandregionalcoverageforallconsumptiontables.•AnExcelworkbookanddatabaseformatofthedata.DownloadtheappYoucanalsoexploretheworldofenergyfromyourtabletorsmartphone,onlineandoffline,bydownloadingtheEnergyStatisticalReviewapp.JointheEnergyInstituteTheEIiscreatingabetterenergyfuture–inthreeimportantinterconnectedways.Informingenergydecision-makingthroughconveningexpertiseandadviceTheStatisticalReviewiscentraltotheEI’sworktoprovidetheevidenceandexpertiseneededbygovernmentsandbusinessestonavigatetheenergytransition.OurrelatedeventsprogrammeculminateseachyearinLondonwithInternationalEnergyWeek.Attracting,developingandequippingthediversefutureenergyworkforceTheEIistheprofessionalhomeforpeopleworkingacrosstheworldofenergy–fromengineerstoenvironmentalists,technicianstoanalysts,academicstoinnovators.Weprovidethetraining,publications,mentoring,networkingandcharteredtitlesessentialtoskilled,rewardingcareers.Enablingindustrytomakeenergylowercarbon,saferandmoreefficientTheEIbringstogethercompaniesfromallpartsoftheindustry,fromconventionaltorenewable,toworkincollaborationwithregulators,academiaandotherstosolvesharedtechnicalchallenges.Ourextensivecatalogueofgoodpracticeguidanceisreliedonbyindustryworldwide.AppleAppStoreGooglePlayStore.BecomeanindividualmemberBecomeatechnicalpartnerIntroduction2Foreword42023Keyhighlights6RegionaloverviewPrimaryenergyandcarbon12Foreword13Consumption14Consumptionbyfuel15ConsumptionpercapitaCarbon16Carbondioxideemissionsfromenergy17Emissionsfromgasflaring18Carbondioxideequivalentemissions19Carboncapture,usageandstorage19PricesOil20Foreword21Production26Consumption30Prices31Refining33TrademovementsNaturalgas36Foreword37Production39Consumption41Prices41Hydrogenproductioncapacity42TrademovementsCoal46Foreword47Production49Trademovements50Prices51ConsumptionNuclearenergy52Foreword53GenerationElectricityandrenewables54ForewordElectricity55Generation56Generationbyfuel56Grid-scalebatteryenergyHydroelectricity57GenerationRenewableenergy58Consumption60Solarinstalled61Windinstalled62SolarandWindinstalledbytype63Generationbysource64Biofuelsproduction65BiofuelsconsumptionKeyminerals66Foreword67Productionandreserves68PricesMethodology69MoredetailonthemethodologyAppendices71Approximateconversionfactors72DefinitionsMoreinformationContentsBacktocontentsBacktocontentsEnergyInstituteStatisticalReviewofWorldEnergy20243ForewordForewordThis73rdStatisticalReviewofWorldEnergyisthesecondunderthecustodianshipoftheEnergyInstitute(EI).KPMGBusinessesworldwiderelyonindependentandauthoritativedatatoinformtheirenergytransitionstrategiesandinvestmentdecisions.TheEnergyInstitute’s2024Statis...