Clean energy investments—including renewables, nuclear, grids, and storage—will amount to €2.02 trillion, nearly double the €1.01 trillion allocated to fossil fuels.
China has become the leading global energy investor, particularly in solar, wind, nuclear, and electric vehicle technologies, significantly increasing its share in clean energy investments over the past decade. Investment trends highlight a transition to an "Age of Electricity," with electricity-related investments now surpassing fossil fuels by nearly 50%.
Solar power investments top the sector at €414 billion, with substantial growth also seen in battery storage (€59.8 billion) and nuclear energy (€69 billion). However, grid investment (€368 billion annually) lags behind generation needs, creating future energy security concerns.
Investment in oil will decline due to lower prices and demand, though LNG investments continue to grow strongly. Overall investment remains uneven globally, notably low in Africa, emphasizing the urgent need for increased international financial support and private capital mobilization in developing regions.