energy demand

Language: en

📖 Definitions

  1. The total amount of energy required by consumers, industries, or a specific region over a given period; the level of consumption needed to meet societal and economic needs.; In economics and energy markets, the quantity of energy goods that buyers are willing and able to purchase at various price levels.; The rate at which energy is consumed by a system, device, or population, often measured in watts, kilowatts, or terajoules.

💬 Examples

  1. The interplay between political instability and energy demand creates a complex landscape, leaving policymakers and market participants navigating uncertain economic waters in the coming months.

  2. Rising global energy demand has led to increased volatility in oil and natural gas prices.

  3. Efficient insulation can significantly reduce the energy demand of residential buildings during winter.