QCLN - 6 Anticipated Trends In 2022 For Global Power And Renewable Markets

• Global power consumption slumped in the first year of the pandemic then rebounded in the second as the global economy transitioned from recovery to expansion.
• Slowing economic and electricity demand growth in China, the US, and other large economies will reduce pressure on the demand-side but will not be enough to ease the energy supply crunch.
• The tensions between decarbonizing power grids and ensuring reliable and affordable power supply are leading governments and companies to consider an expanding range of clean energy technologies.

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