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Solar, Wind, Batteries To Attract $10 Trillion to 2050, But Curbing Emissions Long-Term Will Require Other Technologies Too

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London and New York, June 18, 2019 – Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). In its New Energy Outlook 2019 (NEO), BNEF sees these technologies ensuring that – at least until 2030 – the power sector contributes its share toward keeping global temperatures from rising more than 2 degrees Celsius.

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