New trend in clean energy funding

The renewable energy sector is experiencing a transformation during the first half of 2026. Oil and gas companies have scaled back some of their investments in clean energy, while utility companies have increased their investments in network upgrades and storage battery development to improve grid resilience. The largest European utility companies increased their investments by 9% in 2025, with expectations of exceeding a 10% rise in 2026. Meanwhile, major oil companies like BP and Shell have reduced their spending on low-carbon energy activities and redirected their capital toward oil and gas. This shift coincides with increased investments in electrical grids and flexible generation, amid geopolitical pressures in the Middle East that have prompted a reassessment of risks and a boost to renewable and nuclear energy investments—a wave of strategic changes in the global energy sector.

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