The 2026 edition of the IEA’s annual World Energy Investment report projects that global energy investment will reach $3.4tr in 2026, a slight increase year-on-year. Around $2.2tr is expected to go to grids, storage, low-emissions fuels, nuclear, renewables, efficiency and electrification in 2026, while around $1.2tr is set to be invested in oil, natural gas and coal.