Top 100 companies worldwide: Electricity

The global energy industry is of vital importance as it provides us with electricity. More reliable and secure energy infrastructure is needed for the industry to operate and to meet the increasing demand for energy worldwide. Industry growth can be expected, and would be driven by significant investments in this sector, urbanization, and government initiatives across the globe that promote the consumption of electricity in developing countries. The world's electricity consumption has continuously grown over the past half a century, reaching approximately 25,530 terawatt-hours in 2022. Due to the roughly 75% increase in the global population between 1980 and 2019, electricity consumption has more than tripled.The number of large companies in the electricity industry is an indicator of the overall economic performance of that sector. Not only do these companies provide jobs for the local markets, but they are also able to achieve success in global markets, thus generating greater value.