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The International Energy Agency (IEA) said yesterday that global investments in electricity exceeded its oil and gas sector in 2017 for the second year in a row due to the fact. network spending increases, but renewables investment declines after years of growth According to Reuters, global energy investments totaled $ 1.8 trillion last year, down 2% compared to 2016.
Electricity expenditures exceeded $ 750 billion while oil and gas investments reached $ 716 billion.
Despite the increase in the production of renewable energy, investment in Fatih Birol, Executive Director of the International Energy Agency (IEA), said: "This drop in global investment in renewable energy and energy efficiency is worrying.
"It can be risky to increase the clean energy required to achieve energy, climate and clean energy goals, while we will need to increase these investments, it is disappointing that they could decline this year. "
In fossil fuels last year For the first time since 2014 with the increase in spending in the oil and gas sector
The share of domestic companies in the investment in upstream activities in the The oil and gas sector remains close to record, a trend that should continue this year. This investment in the nuclear sector fell to its lowest level in five years last year, with the number of retirements exceeding those newly built.
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