The World's Biggest Energy Bet Is No Longer on Fossil Fuels
Equinor Pulls Out of Japan’s Offshore Wind Market Leon Stille has a background in energy sciences (MSc and BSc) and is pursuing a PhD in energy policy.
He currently runs his own company,… For years, critics of the energy transition have made essentially the same argument.
Renewable energy was supposedly too expensive, too dependent on subsidies, too intermittent, and too vulnerable to survive a serious energy security crisis.
Sooner or later, they argued, governments and investors would return to the comfort of oil, gas, and coal.
The latest figures from the International Energy Agency suggest the opposite is happening.
According to the IEA's newly releasedWorld Energy Investment 2026report, global investment in clean energy has reached $2.155 trillion in 2025, more than double the $1.008 trillion flowing into fossil fuels.
The crossover occurred around 2016 when clean energy first overtook fossil fuels.
At the time, many assumed the lead would be temporary.
Instead, it has widened every year since, transforming what was once a marginal advantage into a decisive one.
This matters because energy transitions are ultimately determined not by political speeches or climate targets, but by where capital flows.
Investors spend money where they expect future growth to occur, and increasingly they are betting on electricity rather than combustion.
The Energy Crisis That Changed Everything What makes these figures particularly remarkable is the context in which they emerged.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
Comments
Post a Comment