Energy is a fundamental requirement of all businesses and industries. By categories, energy sector can be segmented into traditional and sustainable energy.
The energy sector includes all kinds of industries which are involved in the production and sale of energy such as extraction of fuel, refining, generation and distribution. Energy sector consists of petroleum industry, comprising oil companies, petroleum refineries, fuel transport, and gas stations; gas industry, comprising of extraction of natural gas, manufacturing of coal gas, and distribution & sales; electrical industry involves electricity generation, power distribution & sales; coal industry; nuclear power industry; renewable energy, which includes generation of sustainable energy such as wind power, solar energy, hydroelectric power, bio energy, among others; and traditional energy, which includes use of fire woods in cooking & heating and it is mainly common in poor countries.
Oil is world’s leading fuel, followed by coal, and natural gas. However, energy sector is in the phase of transition from traditional to renewable or alternative sources. Various countries across the globe are adopting renewable and sustainable energy, owing to number of factors such as, controlling of greenhouse gas emissions, cost effectiveness, tax incentives, government funding, among others.ASDReport.com has an extensive repository of reports which can meet all market research requirements related to various segments of energy sector such as traditional and sustainable energy. The reports cover various technologies and topics related to energy sector such as ocean energy outlook, next generation energy storage systems, marine energy, smart grids, clean transport, and much more.