Global energy investment is set to total more than USD 3 trillion by the end of 2024
Energy markets comprise the trade and supply of electricity, gas, and liquid fuels, involving generation, transmission, and distribution. Generated energy is sold on the wholesale market, distributed to consumers through established systems, and regulated to ensure fair access and prices. In the UK, privatised energy markets are overseen by Ofgem, which promotes fair competition and consumer interests.
Globally, investment is moving towards renewables, grid flexibility, and low carbon transport. The transition to a low carbon economy demands appropriate policies and regulatory frameworks. The government often needs to guide private investments in capital-intensive, long-term energy infrastructure projects. New market structures are essential to encourage low carbon investments while maintaining stability and conventional energy sources. Enhanced interconnection through cross-border infrastructure can also help create sustainable, cost-effective energy systems and redefine investment priorities.
Learn more about markets and investment by reading our Energy Insights.
For the latest news and articles on energy pricing read New Energy World.
View upcoming finanace and investment consultations and policies on our Policy Milestones Calendar.
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invested globally in clean energy technologies and infrastructure in 2024 (IEA)
$0billion
invested in sustainable aviation fuels (IEA)
£0billion
budget from the UK government to deliver homegrown clean energy projects (Department for Energy Security and Net Zero)
£0billion
of private investment secured in the UK in 2024 for pioneering energy projects (UK Government)
What's new?
Renewables continue steady progress to undercut fossil fuels in LCOE price
30/10/2024
For solar photovoltaics (PV), fixed-axis systems average an LCOE of $66/MWh globally, within a wide range of $28–117/MWh. That reflects the influence ...
US and UK take steps to reskill workers for the energy transition
30/10/2024
US initiative: Revitalising former coal communitiesThe Biden-Harris Administration is to invest $428mn investment in 14 projects across 15 coal commun...
As global emissions hit record high, world enters climate crunch time, warns UNEP report
30/10/2024
Nations must collectively commit to cutting 42% off annual GHG emissions by 2030 and 57% by 2035 in the next round of Nationally Determined Contributi...
Installed global CCS capacity on track to double once projects being constructed begin operations
30/10/2024
Findings from the Global Status of CCS 2024 report show strong growth in CCS projects across all stages of development. There are a total of 628 proje...
IEA report predicts glut of energy in the near term, provided it is not blocked by geopolitical tensions
23/10/2024
This year’s edition of World Energy Outlook indicates that the world is set to enter a new energy market context in the coming years, marked by contin...
Events and training
WPC Energy UK National Committee Expert Workshop 2024
31/10/2024
Explore key challenges and potential solutions on the road to net zero.
Economics of the Oil and Gas Industry - Nigeria
09/11/2024 - 10/11/2024
ECONOMICS OF OIL & GAS INDUSTRY TRAINING
Net Zero for Professionals - November 2024
18/11/2024 - 19/11/2024
This course provides a comprehensive, practical overview for those preparing their organisation for their net zero future.About:This 2 day classroom c...
Technical guidance publications
Guidance on large-scale solar photovoltaic (PV) system design, development and operation
002023
Solar photovoltaic (PV), which converts sunlight into electricity, is an important source of renewable energy in the 21st century. PV plant installati...
Research Report: Embedding circularity into the construction and decommissioning of assets (Phase 1)
002023
The guidance aims to enhance circularity in the construction and energy sectors, both onshore and offshore, by emphasising the reuse and recycling of ...
Research report: Application of life cycle assessment methodology to the understanding of the energy balance and efficiency of hydrogen value chain building blocks
002022
This document is free to download for registered users.This publication explores the efficiencies of the hydrogen energy system and quantifies the ene...
Waste to products – Technology and economic assessment (phase 1)
002022
This document is free to download for registered users.The EMG and Soil Wastes and Groundwater group (SWG) of the EI and Concawe have commissioned E4t...
Guidelines for the assessment of ageing and life extension of non-metallic components in the offshore oil and gas industry, volume 2: composite equipment and repairs
002022
This document captures industry good practice, knowledge and learning on these elements of composite materials. This guidance will provide a star...
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