Top Ten Global Energy Trends in 2009 - Global Markets Direct

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Nuclear energy will play an increasing role in meeting the global energy needs even though some new projects might be delayed in 2009.

Global Markets Direct, a leading global market intelligence company, has published the new research report, "The Top Ten Global Energy Trends in 2009", which analyses the various issues and trends of the global energy industry.

The following trends are identified as the key energy issues for 2009.

1. Capital expenditure on oil exploration and production will continue to stagnate in 2009...

2. Oil price volatility to continue in the short term but likely to stabilize within a lower narrow band by the end of 2009...

3. Clean energy projects will play a crucial role in the long term energy needs of the world although there will be reduced investment in 2009...

4. New investments in unconventional oil and gas projects will decline in 2009

The unconventional energy sector saw unprecedented growth in recent years as suppliers sought to alleviate or exploit higher oil prices by increasing supply from unconventional sources. The global financial crisis and the decline in crude oil price to below $50 per barrel have made many new investments unfeasible....

5. Coal will continue to be the highest consumed energy source in 2009 despite a shift towards nuclear and alternative sources

6. Nuclear energy will play an increasing role in meeting the global energy needs even though some new projects might be delayed in 2009

At the beginning of 2008, more than 30 nuclear plants were under construction and another 100 projects were being planned along with new proposals for around 200 plants. Global Markets Direct expects nuclear power to increase in importance as countries seek to diversify supply and move towards reduced greenhouse gas emissions, though the current economic climate will result in project delays and a slow down in the rate of new construction...

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