2017 Energy Sector : Private Participation in Infrastructure
In 2017, PPI investments in energy stood at USD 51.9 billion across 203 projects (compared to USD 46.8 billion across 183 projects in 2016), and accounted for more than half (56 percent) of the PPI investments across all four infrastructure sectors...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/499301544112781265/2017-Energy-Sector http://hdl.handle.net/10986/31037 |
| Summary: | In 2017, PPI investments in energy stood
at USD 51.9 billion across 203 projects (compared to USD
46.8 billion across 183 projects in 2016), and accounted for
more than half (56 percent) of the PPI investments across
all four infrastructure sectors included in the PPI
database—energy, water, transport and ICT. Of these four,
the energy sector has attracted the most private-sector
participation. By dollar value, from 2008 to 2017,
cumulative investments in the energy sector (conventional
and renewable energy) accounted for approximately 59 percent
of total PPI investments. Although the energy sector
continued to be the predominant sector attracting private
investments in 2017, because of increased investment in
other sectors, the share of energy-sector investments
decreased from 69 percent of all PPI investments in 2016 to
56 percent in 2017.Energy investments reached their peak in
2012, as private investors shrugged off the effects of the
global financial crisis and pumped USD 89.6 billion into the
sector. However, by 2015, private-sector investments in
energy reached their lowest levels, at USD 38.5 billion, a
trend largely accelerated by a steep drop in oil prices in
2014 and a subsequent decrease of investment in the
conventional-energy sector. From 2015 to 2017, investments
picked up gradually, with increasing investments in
renewables.In terms of the number of projects, two-thirds of
all projects (203 out of 304) in 2017 were in the energy
sector. Interestingly, the number of energy projects as a
percentage of all PPI projects fluctuated very little after
2014. On average, from 2008 to 2017, the PPI energy projects
accounted for 69 percent of all PPI projects. |
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