Global energy investment fell 12 per cent in 2016, a second consecutive year of decline. Total energy investment was $1.7 trillion in 2016. Electricity sector investment overtook oil and gas for the first time China remains the first destination of energy investment in 2016, representing 21 per cent of global energy investment A wave of coal power investment is coming to a pause. In 2016, sanctioning of new coal power fell to the lowest level in nearly 15 years Investment in clean power is not keeping pace with demand. Clean power FIDs in 2016 generate at only two-thirds the level of power demand growth This section is supported by ABB Source: World Energy Investment 2017. © IEA/OECD THE ENERGY INDUSTRY TIMES - AUGUST 2017 Energy Industry Data 11 For more information, please contact: International Energy Agency 9, rue de la Fédération 75739 Paris Cedex 15 France. Email: bookshop@iea.org website: www.iea.org
Energy Industry Times July 2017
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