Global energy investment will reach $3.3 trillion in 2025
iea.org —
Global energy investment is projected to reach a record $3.3 trillion in 2025, driven by energy security concerns and economic uncertainty, according to a new IEA report. Clean energy technologies are attracting twice the capital of fossil fuels. China is the largest energy investor globally, with solar PV attracting the most capital of any technology. Investment in clean technologies is expected to hit $2.2 trillion, while fossil fuel investment will reach $1.1 trillion. The report highlights a shift towards electricity, with investment in electricity exceeding fossil fuels. Grid investment lags behind generation spending, and Africa struggles to attract clean energy investment despite growing demand.