This report shows how energy investment flows are recovering from the impact of Covid-19. He defends that this year there will be a 10% recovery of investments in the sector. Global investment in clean energy technologies and efficiency will increase by 8% in absolute figures, but its relative weight will be just over 40% of the total. The trend is favourable, although insufficient, in the developed world and in China, but the rest of the developing countries are going to stay this year at levels below those prior to the crisis.
In electricity, investment will rise by 5%, with 70% in renewables. As for fuels, this year an increase of 14% is anticipated. 14.5% of that money will go to coal and 84% will go to oil and gas. It highlights the divergence of strategies between the state companies, especially from the producing countries, and the large Western private companies in the oil and gas sector, which are marginalizing these fuels.
