Global investment in power sector 2019-2023, by subsector

Published by Statista Research Department, Dec 2, 2024
In 2023, it was estimated that the global expenditure in the power sector amounted to over one trillion U.S. dollars. Over 50 percent of the total was invested in renewable energy, followed by power grids and energy storage.

Value of power sector investments worldwide from 2019 to 2023, by subsector (in 2022 billion U.S. dollars)

CharacteristicRenewablesGrids and storageFossilNuclear
2023* 659 368 106 63
2022 596 352 108 53
2021 517 318 107 45
2020 494 303 107 40
2019 451 304 134 37
Showing entries 1 to 5 (5 entries in total)
Created with Highcharts 7.2.2Investment in billion U.S. dollars45145149449451751759659665965930430430330331831835235236836813413410710710710710810810610637374040454553536363RenewablesGrids and storageFossilNuclear20192020202120222023*
02505007501,0001,2501,500

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Release date

May 2023

Region

Worldwide

Survey time period

2019 to 2023

Special properties

*Estimates

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