In 2023, global investment in electricity grids, electric transportation, and electrified heat totaled approximately one trillion U.S. dollars. It has been estimated that the annual investment in electrification ought to exceed 2.5 trillion U.S. dollars to achieve net-zero by 2030. As of 2023, only electrified heat had sufficient investment to support the clean transition of the sector, while transportation and power grid had investment gaps of 1.2 and 0.4 trillion U.S. dollars, respectively.
Global electrification investment in 2023 and required for clean energy transition between 2024 and 2030, by selected sector
(in billion U.S. dollars per year)
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Visual Capitalist. (March 12, 2024). Global electrification investment in 2023 and required for clean energy transition between 2024 and 2030, by selected sector (in billion U.S. dollars per year) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1457704/electrification-investment-gap-by-sector-worldwide/
Visual Capitalist. "Global electrification investment in 2023 and required for clean energy transition between 2024 and 2030, by selected sector (in billion U.S. dollars per year) ." Chart. March 12, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1457704/electrification-investment-gap-by-sector-worldwide/
Visual Capitalist. (2024). Global electrification investment in 2023 and required for clean energy transition between 2024 and 2030, by selected sector (in billion U.S. dollars per year) . Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1457704/electrification-investment-gap-by-sector-worldwide/
Visual Capitalist. "Global Electrification Investment in 2023 and Required for Clean Energy Transition between 2024 and 2030, by Selected Sector (in Billion U.S. Dollars per Year) ." Statista, Statista Inc., 12 Mar 2024, https://www.statista.com/statistics/1457704/electrification-investment-gap-by-sector-worldwide/
Visual Capitalist, Global electrification investment in 2023 and required for clean energy transition between 2024 and 2030, by selected sector (in billion U.S. dollars per year) Statista, https://www.statista.com/statistics/1457704/electrification-investment-gap-by-sector-worldwide/ (last visited January 08, 2025)
Global electrification investment in 2023 and required for clean energy transition between 2024 and 2030, by selected sector (in billion U.S. dollars per year) [Graph], Visual Capitalist, March 12, 2024. [Online]. Available: https://www.statista.com/statistics/1457704/electrification-investment-gap-by-sector-worldwide/