What is the Energy sector?
Firstly, we all know there are two key strands to the energy sector: renewable and nonrenewable. Both of these strands are incredibly important, as the products developed within these strands help to fuel our homes, transport and lifestyles.
It is a supply and demand industry – and there seems to be ever more demand
The production of energy, refining it and distributing it is incredibly valuable to the majority of the population. It is a supply and demand industry – and there seems to be ever more demand and, in the nonrenewable strand, weaning supplies.
Within these sub-sectors are different forms of energy, including (but not limited to):
The use of energy has always been a key driving force behind significant industrial developments across the globe and often underpins the most significant advancements made by humanity.
Although this has helped create myriad positive developments across the world, it has also worsened the global warming crisis, caused numerous environmental disasters and is behind many political disputes – but businesses are now focusing on how to tackle these issues.
All in all, it is a very powerful industry to be involved in.