China poured more energy transformation than the EU, the US, and the UK combined

The information stated in the annual report of the 2025 energy conversion investment trend published by Bloombergnef (BNEF) announced on January 30. Accordingly, the three markets that lead the growth of energy transformation in 2023 are the EU, the United States and the United Kingdom, acknowledging the slowdown and decline, while China has a “amazing” skyrocket.

In 2024, the US maintained investment at US $ 338 billion. 27 European countries and UK recorded a decrease to US $ 381 billion and 65.3 billion USD respectively. China invested US $ 818 billion, soaring 20% ​​over the same period, accounting for two -thirds of the global energy conversion investment, with the fields of renewable energy, energy storage, nuclear, car Electricity … firm growth.

Among the large markets were reported in the report, India and Canada increased investment 13% and 19% respectively. The American and Asia -Pacific markets also record the increasing investment.

Also according to the report, global investment in the process of energy transformation for the first time exceeded US $ 2,000 billion (reaching US $ 2,100 billion) in 2024, up 11% over the same period. However, this increase is slower than the leap of 24-29% in the previous three years.

Investment growth in 2024 is driven by electricization of traffic, renewable energy and grid. The largest invested electric car, 757 billion USD by 2024, includes expenses for passenger cars, two/three -wheelers, commercial vehicles, public charging infrastructure and fuel battery -powered cars.

Investing in renewable energy reaches US $ 728 billion, including expenses in wind power (on the shore and offshore), solar energy, biofuel, biomass and waste electricity, geothermal and small hydroelectricity. Finally, investing in the grid reaches US $ 390 billion, including investing in transmission and distribution line, transformer station equipment and grid digitization.

BNEF’s report also pointed out a clear difference between investing in developed and emerging areas in the clean energy market. The technologies have been proven, have the ability to expand trade and have established business models, such as renewable energy, energy storage, electric vehicles and electricity grids, accounting for the majority of investment in In 2024. These areas have attracted 1,930 billion USD, up 14.7%, despite resistance from higher policies, interest rates and the expected purchase speed of consumers.

In contrast, investing in emerging technologies, such as thermal power, hydrogen, seizure and storage of carbon (CCS), nuclear, clean and clean industry, only 155 billion USD, down 23% compared to The same period last year. Factors that prevent investment in these areas include the ability to pay, the level of technology maturity and trade expansion.

Global energy conversion will need an average of US $ 5,600 billion per year from 2025 to 2030 to achieve a net emission target of 0 worldwide by 2050, in accordance with the Paris agreement. The current investment level is only 37% of the need to achieve the above goal, according to the report.