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According to foreign media in Houston on July 18, the International Energy Agency (IEA) recently released the "2018 World Energy Investment Report" showed that last year global energy investment fell for the third consecutive year, falling to $1.
8 trillion, a decrease of 2%
in real terms compared with 2016.
In 2017, the global power sector accounted for most of
this decline in investment, as coal, hydro and nuclear power capacity increased modestly.
Last year, the global power sector was the largest recipient of global energy investment for the second year in a row, supported by strong investments in the grid and renewables
.
Last year, more than $750 billion was invested globally in the power sector, compared to $715 billion
globally for oil and gas supplies.
Last year, global upstream oil and gas investment increased
.
Still, capital spending on global fossil fuel supplies remained at about
two-thirds of 2014 levels last year.
Investment in global fossil fuel supplies held steady at around $790 billion last year as lower spending on coal supplies and liquefied natural gas offset modest gains
in upstream oil and gas investment.
According to foreign media in Houston on July 18, the International Energy Agency (IEA) recently released the "2018 World Energy Investment Report" showed that last year global energy investment fell for the third consecutive year, falling to $1.
8 trillion, a decrease of 2%
in real terms compared with 2016.
In 2017, the global power sector accounted for most of
this decline in investment, as coal, hydro and nuclear power capacity increased modestly.
Last year, the global power sector was the largest recipient of global energy investment for the second year in a row, supported by strong investments in the grid and renewables
.
Last year, more than $750 billion was invested globally in the power sector, compared to $715 billion
globally for oil and gas supplies.
Last year, global upstream oil and gas investment increased
.
Still, capital spending on global fossil fuel supplies remained at about
two-thirds of 2014 levels last year.
Investment in global fossil fuel supplies held steady at around $790 billion last year as lower spending on coal supplies and liquefied natural gas offset modest gains
in upstream oil and gas investment.
