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TRENDS ON THE GLOBAL ENERGY MARKET
Authors: Maxim SANDU, Alexandru GRIBINCEA, Alexandru GRIBINCEA
Number of views: 434
World energy consumption has increased in the last years by 2.3%. The high demand is explained by a
strong global economy and higher heating and cooling needs in some regions of the globe, rising prices for metals,
grain and food. The energy market is contradictory: on the one hand, the demand for energy increases, on the other
hand, the acquisition of energy is accompanied by the depletion of natural resources, the elimination of harmful
products and greenhouse effects, accidents and disasters. The importance of the issue is confirmed by the
Singapore’s initiative to launch an energy fund. Not all countries have the necessary resources to meet the demands
of society. As a result, there are disparities between countries on energy sources and their efficient use.
Author's research is aimed at ensuring that society focuses on the use of traditional energy sources and nontraditional, renewable energies that have a moderate impact on the environment and society. The aim of the research
is to investigate the situation of the energy market at global and regional level, and to select the theoretical and
practical ways of applying the vector of state efforts in overcoming the problem of energy shortage, identifying
alternative energy routes. Being aware of the major importance of energy in all areas of the economy, there is a need
for energy security. In order to achieve these goals, the authors used the method of macroeconomic, geopolitical and
geoeconomic analysis, measurement, deductive logic, inductive reasoning, experimental modeling, variable
selection, statistical method, forecast, induction, deduction, etc. Research has made it possible to identify global
energy sources, their structure, the dynamics of use and prediction of global energy sources, the share of alternative
sources for the near future. Identifying opportunities for cheap, safe, efficient, but sometimes risky nuclear energy
use. The Republic of Moldova, as a country that does not have its own energy resources, must ensure its energy
security, using various sources according to the world trends in this field.