Electricity investments surpass oil, gas for second year running: IEA

FILE PHOTO: Power transmission towers are seen on the outskirts of Islamabad, Pakistan April 10, 2017. REUTERS/Caren Firouz/File Photo

LONDON (Reuters) – Global electricity investments exceeded those in oil and gas for the second year running in 2017 due to more spending on grids but renewable energy investment fell after years of growth, the International Energy Agency said on Tuesday. Global energy investment totaled $1.8 trillion last year, down 2 percent from 2016. More […]

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