Global electrification investment gap 2023-2030, by sector
In 2023, global investment in electricity grids, electric transportation, and electrified heat totaled approximately one trillion U.S. dollars. It has been estimated that the annual investment in electrification ought to exceed 2.5 trillion U.S. dollars to achieve net-zero by 2030. As of 2023, only electrified heat had sufficient investment to support the clean transition of the sector, while transportation and power grid had investment gaps of 1.2 and 0.4 trillion U.S. dollars, respectively.