Energy Report

Interactive Map

Interactive world map

We tracked the cost of capital in both electric utilities (renewable and fossil fuel) and energy production (oil & gas, coal mining, and renewable fuels & technology) across three main regions: North America, Europe, and China.

Click on the map below to reveal results.

All Regions

F1. GLOBAL ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION

F2. GLOBAL ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F3. GLOBAL ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX

F4. GLOBAL ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX

F5. GLOBAL ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION

F6. GLOBAL ELECTRIC UTILITIES COE,
SCOPE 1 & 2 EMISSION INTENSITY

F7. GLOBAL ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX

F8. GLOBAL ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX

F42. GLOBAL ENERGY PRODUCTION ACC COD,
TRBC CLASSIFICATION

F43. GLOBAL OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION

F44. GLOBAL OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F45. OIL & GAS PRODUCTION ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F46. GLOBAL ENERGY PRODUCTION COE,
TRBC CLASSIFICATION

F47. GLOBAL OIL & GAS COE,
TRBC SUBSECTOR CLASSIFICATION

F48. GLOBAL OIL & GAS COE,
SCOPE 1 & 2 EMISSION INTENSITY

F49. GLOBAL OIL & GAS PRODUCTION COE,
SCOPE 1 & 2 EMISSION INTENSITY

China

The Accounting cost of debt and cost of equity are compared between high-carbon and low-carbon firms operating in the energy production and electric utilities sectors.

F76. CHINA OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION

F77. CHINA OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F78. CHINA ENERGY PRODUCTION COE,
TRBC CLASSIFICATION

F35. CHINA ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION

F36. CHINA ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F37. CHINA ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX

F38. CHINA ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX

F39. CHINA ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION

F40. CHINA ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX

F41. CHINA ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX

Europe

The Accounting cost of debt and cost of equity are compared between high-carbon and low-carbon firms operating in the energy production and electric utilities sectors.

F56. EUROPE ENERGY PRODUCTION ACC COD,
TRBC CLASSIFICATION

F 57. EUROPE OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION

F58. EUROPE OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F59. EUROPE OIL & GAS PRODUCTION ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F60. EUROPE ENERGY PRODUCTION COE,
TRBC CLASSIFICATION

F61. EUROPE OIL & GAS COE,
TRBC SUBSECTOR CLASSIFICATION

F62. EUROPE OIL & GAS COE,
SCOPE 1 & 2 EMISSION INTENSITY

F63. EUROPE OIL & GAS PRODUCTION COE,
SCOPE 1 & 2 EMISSION INTENSITY

F15. EUROPE ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION

F16. EUROPE ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F 17. EUROPE ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX

F18. EUROPE ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX

F19. EUROPE ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION

F20. EUROPE ELECTRIC UTILITIES COE,
SCOPE 1 & 2 EMISSION INTENSITY

F21. EUROPE ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX

F22. EUROPE ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX

North America

The Accounting cost of debt, cost of equity and bond spreads are compared between high-carbon and low-carbon firms operating in the energy production and electric utilities sectors.

F64. NORTH AMERICA ENERGY PRODUCTION ACC COD,
TRBC CLASSIFICATION

F65. NORTH AMERICA OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION

F66. NORTH AMERICA OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F 67. NORTH AMERICA OIL & GAS PRODUCTION ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F72. NORTH AMERICA ENERGY PRODUCTION COE,
TRBC CLASSIFICATION

F73. NORTH AMERICA OIL & GAS COE,
TRBC SUBSECTOR CLASSIFICATION

F74. NORTH AMERICA OIL & GAS COE,
SCOPE 1 & 2 EMISSION INTENSITY

F75. NORTH AMERICA OIL & GAS PRODUCTION COE,
SCOPE 1 & 2 EMISSION INTENSITY

F68. US ENERGY PRODUCTION BOND SPREADS,
TRBC CLASSIFICATION

F69. US OIL & GAS BOND SPREADS, TRBC SUBSECTOR
CLASSIFICATION

F70. US OIL & GAS BOND SPREADS, SCOPE 1 & 2
EMISSION INTENSITY

F71. US OIL & GAS PRODUCTION BOND SPREADS, SCOPE 1 & 2 EMISSION INTENSIT

F23. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION

F24. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F25. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX

F26. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX

F31. NORTH AMERICA ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION

F32. NORTH AMERICA ELECTRIC UTILITIES COE,
SCOPE 1 & 2 EMISSION INTENSITY

F33. NORTH AMERICA ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX

F34. NORTH AMERICA ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX

F27. US ELECTRIC UTILITIES BOND SPREADS,
TRBC CLASSIFICATION

F28. US ELECTRIC UTILITIES BOND SPREADS,
SCOPE 1 & 2 EMISSION INTENSITY

F29. US ELECTRIC UTILITIES BOND SPREADS,
SOLAR/WIND ENERGY MIX

F30. US ELECTRIC UTILITIES BOND SPREADS,
LOW-CARBON ENERGY MIX

All Regions

F1. GLOBAL ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION

F2. GLOBAL ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F3. GLOBAL ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX

F4. GLOBAL ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX

F5. GLOBAL ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION

F6. GLOBAL ELECTRIC UTILITIES COE,
SCOPE 1 & 2 EMISSION INTENSITY

F7. GLOBAL ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX

F8. GLOBAL ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX

F42. GLOBAL ENERGY PRODUCTION ACC COD,
TRBC CLASSIFICATION

F43. GLOBAL OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION

F44. GLOBAL OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F45. OIL & GAS PRODUCTION ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F46. GLOBAL ENERGY PRODUCTION COE,
TRBC CLASSIFICATION

F47. GLOBAL OIL & GAS COE,
TRBC SUBSECTOR CLASSIFICATION

F48. GLOBAL OIL & GAS COE,
SCOPE 1 & 2 EMISSION INTENSITY

F49. GLOBAL OIL & GAS PRODUCTION COE,
SCOPE 1 & 2 EMISSION INTENSITY

ASEAN

The availability and consistency of data in other emerging markets are limited and constrained; thus, the trends in the cost of capital may not be as accurate as those observed in Europe, North America and China.

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX

3-YEAR MOVING AVERAGE COST OF EQUITY FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION

3-YEAR MOVING AVERAGE ACCOUNTING COST OF EQUITY FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX

3-YEAR MOVING AVERAGE ACCOUNTING COST OF EQUITY FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX

Accounting cost of debt (ACC COD)

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ENERGY PRODUCERS, BY TRBC CLASSIFICATION 

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR OIL & GAS, BY TRBC SUBSECTOR CLASSIFICATION 

China

The Accounting cost of debt and cost of equity are compared between high-carbon and low-carbon firms operating in the energy production and electric utilities sectors.

F76. CHINA OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION

F77. CHINA OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F78. CHINA ENERGY PRODUCTION COE,
TRBC CLASSIFICATION

F35. CHINA ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION

F36. CHINA ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F37. CHINA ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX

F38. CHINA ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX

F39. CHINA ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION

F40. CHINA ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX

F41. CHINA ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX

Europe

The Accounting cost of debt and cost of equity are compared between high-carbon and low-carbon firms operating in the energy production and electric utilities sectors.

F56. EUROPE ENERGY PRODUCTION ACC COD,
TRBC CLASSIFICATION

F 57. EUROPE OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION

F58. EUROPE OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F59. EUROPE OIL & GAS PRODUCTION ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F60. EUROPE ENERGY PRODUCTION COE,
TRBC CLASSIFICATION

F61. EUROPE OIL & GAS COE,
TRBC SUBSECTOR CLASSIFICATION

F62. EUROPE OIL & GAS COE,
SCOPE 1 & 2 EMISSION INTENSITY

F63. EUROPE OIL & GAS PRODUCTION COE,
SCOPE 1 & 2 EMISSION INTENSITY

F15. EUROPE ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION

F16. EUROPE ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F 17. EUROPE ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX

F18. EUROPE ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX

F19. EUROPE ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION

F20. EUROPE ELECTRIC UTILITIES COE,
SCOPE 1 & 2 EMISSION INTENSITY

F21. EUROPE ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX

F22. EUROPE ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX

Japan/Korea

The availability and consistency of data in other emerging markets are limited and constrained; thus, the trends in the cost of capital may not be as accurate as those observed in Europe, North America and China.

Accounting cost of debt

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX

Accounting cost of debt (ACC COD)

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ENERGY PRODUCERS, BY TRBC CLASSIFICATION

India

The availability and consistency of data in other emerging markets are limited and constrained; thus, the trends in the cost of capital may not be as accurate as those observed in Europe, North America and China.

Accounting cost of debt (ACC COD)

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX

Accounting cost of debt (ACC COD)

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ENERGY PRODUCERS, BY TRBC CLASSIFICATION

Latam

The availability and consistency of data in other emerging markets are limited and constrained; thus, the trends in the cost of capital may not be as accurate as those observed in Europe, North America and China.

Electric Utilities

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY EMISSION INTENSITY

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX

3-YEAR MOVING AVERAGE COST OF EQUITY FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION

3-YEAR MOVING AVERAGE ACCOUNTING COST OF EQUITY FOR ELECTRIC UTILITIES, BY EMISSIONS INTENSITY

3-YEAR MOVING AVERAGE ACCOUNTING COST OF EQUITY FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX

3-YEAR MOVING AVERAGE ACCOUNTING COST OF EQUITY FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX

MENA

The availability and consistency of data in other emerging markets are limited and constrained; thus, the trends in the cost of capital may not be as accurate as those observed in Europe, North America and China.

Electric Utilities

Accounting cost of debt

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX

3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX

North America

The Accounting cost of debt, cost of equity and bond spreads are compared between high-carbon and low-carbon firms operating in the energy production and electric utilities sectors.

F64. NORTH AMERICA ENERGY PRODUCTION ACC COD,
TRBC CLASSIFICATION

F65. NORTH AMERICA OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION

F66. NORTH AMERICA OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F 67. NORTH AMERICA OIL & GAS PRODUCTION ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F72. NORTH AMERICA ENERGY PRODUCTION COE,
TRBC CLASSIFICATION

F73. NORTH AMERICA OIL & GAS COE,
TRBC SUBSECTOR CLASSIFICATION

F74. NORTH AMERICA OIL & GAS COE,
SCOPE 1 & 2 EMISSION INTENSITY

F75. NORTH AMERICA OIL & GAS PRODUCTION COE,
SCOPE 1 & 2 EMISSION INTENSITY

F68. US ENERGY PRODUCTION BOND SPREADS,
TRBC CLASSIFICATION

F69. US OIL & GAS BOND SPREADS, TRBC SUBSECTOR
CLASSIFICATION

F70. US OIL & GAS BOND SPREADS, SCOPE 1 & 2
EMISSION INTENSITY

F71. US OIL & GAS PRODUCTION BOND SPREADS, SCOPE 1 & 2 EMISSION INTENSIT

F23. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION

F24. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY

F25. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX

F26. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX

F31. NORTH AMERICA ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION

F32. NORTH AMERICA ELECTRIC UTILITIES COE,
SCOPE 1 & 2 EMISSION INTENSITY

F33. NORTH AMERICA ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX

F34. NORTH AMERICA ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX

F27. US ELECTRIC UTILITIES BOND SPREADS,
TRBC CLASSIFICATION

F28. US ELECTRIC UTILITIES BOND SPREADS,
SCOPE 1 & 2 EMISSION INTENSITY

F29. US ELECTRIC UTILITIES BOND SPREADS,
SOLAR/WIND ENERGY MIX

F30. US ELECTRIC UTILITIES BOND SPREADS,
LOW-CARBON ENERGY MIX

OxSFG was established in 2012 and is a multidisciplinary research centre working to be the world’s best place for research and teaching on sustainable finance and investment. We work globally across asset classes, finance professions, and with different parts of the financial system.