Global energy investment totalled more than USD 1.8 trillion in 2018, with the power sector attracting more investment than the oil and gas industry for the third year in a row

Energy markets focus on the trade and supply of electricity, gas and liquid fuels. They consist of three main elements: generation or production, transmission and distribution, and supply. Once electricity is generated or gas and oil is produced, it is sold on the wholesale market to suppliers, who sell it on to consumers and arrange for its delivery. It is distributed to homes and businesses through transmission and distribution systems. Depending on a country’s government policy, these elements of energy markets may be nationalised or privatised. Energy markets are closely regulated to ensure secure access to energy at fair prices, since energy is a necessity for sustained economic output and human welfare. Energy markets in the UK are privatised and regulated by the Office of Gas and Electricity Markets (Ofgem), which is responsible for protecting the interest of consumers by promoting fair competition. UK energy markets have recently experienced significant changes due to diversification of electricity generation through the rise of renewable energy sources, as well as the addition of many new suppliers.

Around the world, investments in the energy system are shifting, with increasing funds flowing into renewables, grid flexibility mechanisms, and low carbon transport. An appropriate policy and regulatory environment is required for continued investment towards a low carbon economy while maintaining energy security. The low carbon transition often requires the government to drive and guide private spending since investments in low carbon energy infrastructure are often capital-intensive and require long-term returns. There is growing need for new market structures to be defined and existing ones to play different roles in order to encourage low carbon investments across all sectors of energy, while also keeping the energy system stable and conventional sources flowing. Increased interconnection is also an option for moving towards more sustainable and cost-effective energy systems; integration of national energy systems through cross-border infrastructure can redefine investment agendas.

For the latest news and articles on energy pricing read Petroleum Review.

Learn more about markets and investment by reading our Energy Insights.

View upcoming finanace and investment consultations and policies on our Policy Milestones Calendar.

What's new?

The changing business energy market

1-01-2021
COVID-19 changed many things in 2020. Here, Gazprom Energy’s Daniel Sullivan takes a look from the point of view of energy suppliers to businesses.

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H2Accelerate – new collaboration for zero emission hydrogen trucking at mass-market scale

15-12-2020
Daimler Truck, IVECO, OMV, Shell and the Volvo Group have formed a new collaboration to help create the conditions for the mass-market roll-out of hydrogen trucks in Europe.As a growing number of governments and businesses align on a common vision of a net zero emissions energy system, the H2Acceler...

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African midstream operators withdraw investment plans amid COVID-19 turmoil

14-12-2020
The COVID-19 pandemic and weak global economic outlook, coupled with fragile energy demand, has resulted in a decline in oil and gas prices, reports GlobalData. The all-pervasive nature of these circumstances has also impacted the African midstream sector, forcing several major midstream oil an...

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Sixth Carbon Budget calls for £50bn annual investment to achieve UK net zero target by 2050

14-12-2020
The Sixth Carbon Budget published by the Committee on Climate Change (CCC) on 9 December 2020 presented an ambitious and challenging energy transition programme which will impact all UK industries. The report highlights the vital role renewables, hydrogen and carbon capture and storage (CCS) will pl...

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Eni enters UK offshore wind market

4-12-2020
Eni has entered the UK offshore wind market for electricity production by acquiring a 20% stake in the Dogger Bank (A and B) 2.4 GW project from Equinor and SSE Renewables.The project involves the installation of 190 state-of-the-art wind turbines situated approximately 80 miles from the UK coast. E...

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Events and training

EI LIVE Free Webinar | Maximising System Value of the Energy Transition

21-01-2021
Sponsored by:Join the World Economic Forum, Accenture, Enel, Sempra and Hitachi ABB Power Grids in a discussion on maximising the system value of the energy transition.Registration closes at 17:00 GMT on 20 January 2021

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Oil and Gas Industry Fundamentals - Awareness - March 2021

29-03-2021
This 2-day Awareness Hybrid Training provides delegates with an overview of principal activities in the international upstream, midstream and downstream petroleum industry.

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EI LIVE | Introduction to LNG - May 2021

10-05-2021
This 4-day training course provides an introduction to the LNG chain. Suitable for students who are new to the LNG sector and/or those with a non-technical background.

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EI LIVE |Economics of the Oil and Gas Industry - May 2021

24-05-2021
A 4-day online introduction to the economics of the oil and gas industry. This course is suitable for students who are new to the oil and gas industry.

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CQRM - Certified in Quantitative Risk Management - September 2021

27-09-2021
This 4-day CQRM - Certified in Quantitative Risk Management training course will teach delegates how to acquire updated and practical knowledge in risk management from a quantitative approach to measure, analyse and make decisions.

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Technical guidance publications

Proceedings of the 20th World Petroleum Congress. Energy Solutions for All: Promoting Cooperation, Innovation and Investment. 4-8 December, 2011, Doha, Qatar

2012
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Financial investment in energy efficiency

2008
Taken from Croner's Energy Management loose-leaf manual, this 30-page module identifies a number of accountancy techniques to help energy managers quantify potential savings by investing in energy efficiency. It outlines the basic principals of investment appraisal, explains the barriers to investin...

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