BNEF

Emerging Market Clean Energy Investment Slid As Covid-19 Spread

Investor support for the energy transition surged in 2020, but capital flows to less developed countries slowed as the pandemic raged on
Blog

Originally posted on about.bnef.com

Despite a record-breaking year for energy transition investment in 2020, investors poured $67 billion fewer dollars into clean energy in emerging markets than they did into wealthier countries, a new study from research company BloombergNEF (BNEF) finds. The data suggests that investors retreated hastily from less developed markets to refocus on wealthier countries as the Covid-19 pandemic spread.

New Bloomberg Resource Lights Paths to a Net-Zero CO2 Future

NetZero Pathfinders platform surfaces dozens of proven, actionable policies ready to scale globally
Press Release

NEW YORK and LONDON, October 22, 2021 /3BL Media/ - With 13 days to go until the critical next round of international climate talks, Bloomberg has launched a new online resource specifically intended to help policymakers find concrete, actionable solutions to address the climate crisis.

BNEF Competition Seeks Early-Stage Climate Technology Innovators

Press Release

BloombergNEF is accepting applications for its annual “BNEF Pioneers” competition targeting early-stage innovators that move the world closer to net-zero through technological innovation in three areas: (1) Optimizing and managing long-haul freight; (2) Advancing materials and techniques for sustainable products; (3) Understanding more about the climate and the planet.

Click here for details and to apply. 

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

Blog

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.

Corporate Clean Energy Buying Surged to New Record in 2018

Corporations purchased 13.4 gigawatts of clean power through long-term contracts, more than doubling 2017’s total, helped by demand from new industries and previously untrodden markets
Article

Originally posted on about.bnef.com

New York and London, January 29, 2018 – Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2018, shattering the previous record set in 2017. Highlights included a wave of smaller corporate energy buyers aggregating their purchases, and the first corporate clean energy power purchase agreements in markets such as Poland.

BNEF: Clean Energy Investment Exceeded $300 Billion Once Again in 2018

Solar commitments declined 24% in dollar terms even though there was record new photovoltaic capacity added, breaking 100GW barrier for the first time
Press Release

LONDON and NEW YORK, January 17, 2019 /3BL Media/– Global clean energy investment[1] totaled $332.1 billion in 2018, down 8% on 2017. Last year was the fifth in a row in which investment exceeded the $300 billion mark, according to authoritative figures from research company BloombergNEF (BNEF).

E-Buses to Surge Even Faster Than EVs As Conventional Vehicles Fade According to Bloomberg's 2018 EV Outlook

The supply of cobalt has emerged as a potential risk to the pace of growth in electrified transport over the next few years
Blog

London and New York, May 21, 2018 – The electrification of road transport will move into top gear in the second half of the 2020s, thanks to tumbling battery costs and larger-scale manufacturing, with sales of electric cars racing to 28%, and those of electric buses to 84%, of their respective global markets by 2030.

Michael Bloomberg Takes on the Coal Industry

By Carolyn Kormann, the New Yorker
Article

On Monday afternoon, Michael Bloomberg, the billionaire businessman and former three-term Mayor of New York City, escaped to a deserted ballroom at the Grand Hyatt, in midtown Manhattan, to talk about climate change. Moments earlier, he had announced to attendees of the Bloomberg New Energy Finance summit that his philanthropic organization was partnering with the Canadian and British governments to expedite the global eradication of coal mining.

Bloomberg Philanthropies Announces Partnership With Powering Past Coal Alliance to Strengthen Global Efforts to Phase Out Coal

New initiative will support national, regional, and local governments working to reduce reliance on coal power
Press Release

April 19, 2018 /3BL Media/ - On April 9, Bloomberg Philanthropies and the Powering Past Coal Alliance announced a new partnership to develop research and case studies in support of national, regional, and local governments around the world who have committed to or are considering phasing out coal from their energy portfolios.

Data is Key to New Utility Business Models

Newsletter

As part of the Future of Energy APAC Summit 2017 hosted by Bloomberg New Energy Finance (BNEF), CLP Group Chief Operating Officer Mr Derek Parkin shared his perspective on new utility business models in a panel discussion with Enel Green Power’s Head of Business Development in Asia Pacific Mr Gu-Yoon Chung and AutoGrid Systems’ Chief Executive Officer Dr Amit Narayan.

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