The growth in the popularity of electric vehicles in the USA has led to an increase in electricity consumption by nearly 70%. This is a testament to the accelerated transition to eco-friendly technologies and changes in the country's energy balance. Learn more about the trends and implications of this surge. The share of electric vehicles (EVs) and ...

... electric vehicles is complicated by the relatively low availability of charging infrastructure, especially for long-distance travel. The growth in fiscal pressure is, among other things, narrowing the potential demand for electricity. In the United States, electricity consumption by electric vehicles reached 2.9 billion kWh in the first two months of 2025, nearly tripling the level of January-February 2023 (1 billion kWh). Thus, the electric vehicle market is becoming increasingly significant for electricity suppliers; ...

... the other hand, this puts pressure on the oil industry, demanding diversification and innovation. In the short term, the growth in car sales, including Chinese vehicles, may temporarily increase fuel demand. However, in the long run, the transition to electric vehicles will inevitably lead to a decrease in the consumption of traditional fuels. Oil companies should closely monitor these trends and develop strategies to maintain business resilience in changing market conditions. It is important to note that the success of electric vehicles in Russia will depend ...

... Renewables: Generation and Load Records Summer weather anomalies are bringing the condition of electrical networks and the role of renewable energy sources (RES) to the forefront. In China in mid-July, a record load on the energy system was recorded: total electricity consumption reached an unprecedented 1.5 billion kilowatts (1.5 TW) during peak hours. This figure is a historic maximum for the country, driven by extreme heat affecting over 200 million people in southwestern and eastern China. Local temperatures felt ...

... China, India, and other countries will affect global oil and gas supply chains. Economic Growth and Demand: Macro-economic indicators in key countries – growth rates of GDP and industry in China, the U.S., Europe, and India – will determine the consumption dynamics for oil, gas, and electricity. Strong data (such as a 3% GDP growth in the U.S. in Q2 2025) supports optimism; however, economic slowdowns anywhere could cool fuel demand. Filling of Gas Storage Facilities: Europe’s progress towards achieving the 90% filling target for ...