Electricity Drop & Renewable Energy Investment
News Context
At a glance
- Here's a breakdown of what could continue to grow, based on the provided text:
- * Global demand for oil and gas: A report suggests this could continue to grow until 2050, despite climate goals.
- The text also notes France is tightening it's stance on fraud related to energy renovations, but this doesn't indicate growth - it indicates a change in regulation/enforcement.
Here’s a breakdown of what could continue to grow, based on the provided text:
* Global demand for oil and gas: A report suggests this could continue to grow until 2050, despite climate goals.
* Nuclear energy capacity: The IAEA forecasts global nuclear capacity could more than double by 2050, driven by Small Modular Reactors (SMRs).
* Support costs for renewable energies (ENR): The cost of supporting renewable energies is projected to reach between 113 and 167 billion euros by 2051, indicating continued investment and therefore growth in this sector.
The text also notes France is tightening it’s stance on fraud related to energy renovations, but this doesn’t indicate growth – it indicates a change in regulation/enforcement.