The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution. Modern society consumes large amounts of fuel, and the energy industry is a crucial part of the infrastructure and maintenance of society in almost all countries.
World total final consumption of 104,426TWh (or 8,979 Mtoe) by fuels in 2012 (IEA, 2014)
World energy consumption refers to the total energy used by all of human civilization. Typically measured per year, it involves all energy harnessed from every energy source applied towards humanity's endeavors across every single industrial and technological sector, across every country. Being the power source metric of civilization, World Energy Consumption has deep implications for humanity's social-economic-political sphere.
The IEA estimated that in 2012 the world energy consumption was 13,371 Mtoe , or 5.6 × 1020joules. From 2000–2012 coal was the source of energy with the largest growth. The use of oil and natural gas also had considerable growth, followed by hydro power and renewable energy. Renewable energy grew at a rate faster than any other time in history during this period, which can possibly be explained by an increase in international investment in renewable energy. The demand for nuclear energy decreased, possibly due to the accidents at Chernobyl and Three Mile Island.