The ability to harness energy is what has allowed humans to become the dominant form of life on earth. Harnessing Freedonia’s intelligence on the energy sector enables you to dominate the marketplace. Our broad coverage stretches from fossil fuels like petroleum and natural gas to renewables like solar and wind and delves furhter into input consumables and equipment like oilfield chemicals and wind turbine systems.
We also offer related coverage of refined outputs and energy products such as power transmission equipment, lubricants, batteries, and heat pumps.
The prices for oil and gas skyrocked in the US in 2022, with the cost of oil up $46 per barrel and the cost of gas up a whopping 70% that same year. Although many industries – most notably motor vehicle manufacturers – are looking to reduce their dependence on oil and gas in favor of energy sources that are considered more sustainable, the economy remains largely dependent on these fuels, contributing to high inflation in 2022.
Grid-storage batteries – also called stationary energy storage batteries – are systems of batteries that have the ability to transform energy production and distribution. These systems entice adoption with numerous desirable characteristics: