IDEAS home Printed from https://ideas.repec.org/a/alq/rufejo/rfej_2019_03_87-100.html
   My bibliography  Save this article

Modern world energy market

Author

Listed:
  • Aleksandr Sergeevich Ivanov

    (Russian Market Research Institute (VNIKI), Moscow, Russia)

  • Igor’ Evgen’evich Matveev

    (Russian Market Research Institute (VNIKI), Moscow, Russia)

Abstract

The article reviews the world energy market, successfully balanced by the leading oil exporters (OPEC+) by limiting oil production, encouraging price rise over 60% during the last two years - despite US intensive political pressure and speeding up shale oil and gas extraction, thus relieving its import dependency from 32 to 14%. Besides, Us energy exports have been boosted regardless of world exporters’ activities to arrange the market. The world markets of oil, gas, coal, nuclear energy, hydroelectricity and renewable energy are considered in the article. Chinese advances in the sphere of energy are noted as well as their positive influence on the world market. An exclusive comparative tables of world balance sheets for basic energy sources 2007-2017 are presented, and allowing to assess the dynamics of energy balances of countries - the largest net importers and net exporters, determining the course of development of the world energy economy.

Suggested Citation

  • Aleksandr Sergeevich Ivanov & Igor’ Evgen’evich Matveev, 2019. "Modern world energy market," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 3, pages 87-100, March.
    • Handle: RePEc:alq:rufejo:rfej_2019_03_87-100
    as

    Download full text from publisher

    File URL: http://repec.vavt.ru/RePEc/alq/rufejo/rfej_2019_03_87-100.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alq:rufejo:rfej_2019_03_87-100. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anna Chernyavskaya (email available below). General contact details of provider: https://edirc.repec.org/data/vavtmru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.