The Energy industry is quite unstable

The global energy market is one of the fastest developing in the world. It is expected to grow with 55% by 2035, especially for nations that are outside of the Organization for Economic Cooperation and Development., which have shown a 20% less growth than the once outside it.

There are several factors that are affecting the industry and its rate of growth. An important one was the recession, which decreased R&D opportunities, yet the market recovered in 2010. However, oil prices and natural disasters have caused a lot of distress and increasing scarcity and political tensions have driven prices higher over the last years. 

The renewable energy sector is one of the most popular segments, based on using the wind, hydro, solar and geothermal energies. In 2010 only from this segment revenues were more than $322 billion, which was due to a compound growth rate of 6.5%. In the following years it is expected to reach 8.5% and reach a value of $480 billion.

Global companies such as Abraxas Petroleum Corporation have performed controversially with regards to political and economic factors. Investors’ confidence is fluctuating along with share prices and tensions in the East are continuing to influence the sector in a bad way.