IEA Sees 2025 Energy Investment Hitting $3.3 Trillion ...Middle East

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IEA Sees 2025 Energy Investment Hitting $3.3 Trillion
source : OILPRICE ( Middle East ) () 26
Energy investments this year are set to hit $3.3 trillion on the back of a strong increase in spending on things such as wind and solar, the International Energy Agency has forecast. In its latest World Energy Investment report, the agency also said that China will cement its position as the top energy investor globally this year. The IEA noted that the surge in energy investments will materialize despite significant challenges such as muted economic growth and uncertainty related to geopolitics and trade policies. What’s more, the IEA believes…

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