Utilities, in general, are exceptional businesses with strong cash flow and sustainable dividends.

The Council of the European Union (council of EU Ministers) has decided to exclude financing for nuclear or fossil projects

Amprion (Germany) intends to invest €15.2bn by 2028, compared with €5.2bn in 2009-2019.

The consortium will collectively acquire a 49% stake in ADNOC Gas Pipeline Assets LLC (ADNOC Gas Pipelines), a newly formed subsidiary of ADNOC with lease rights to 38 pipelines covering a total of 982.3 kilometers, with ADNOC holding the 51% majority stake.

China plans to increase the share of renewables (including hydro) in the power mix to 28.2% in 2020 and the share of renewables (excluding hydro) is expected to reach 10.8%.

Spending is also expected to be largely flat in 2021, landing only marginally higher than 2020 at $386 billion. Before the Covid-19 pandemic, expected total upstream investment would maintain last year’s levels, both in 2020 and 2021.

Japan's TEPCO intends to invest JPY1,000-2,000bn (US$9.3-18.6bn) to develop 6 to 7 GW of offshore wind and hydropower capacity by 2035.

The United States invested $55.5 billion in 2019, up 28% from the year before

The spread of the Covid-19 pandemic has upended these expectations, and 2020 is now set to see the largest decline in energy investment on record, a reduction of one-fifth – or almost USD 400 billion – in capital spending compared with 2019.

Oil companies, including Norway’s state-controlled Equinor, have said they intend to reduce both operating and capital spending in order to preserve cash during the downturn.