BNEF’s Bhavnagri on Renewables Outcompeting Coal on Cost

Solar power was once so costly it only made economic sense in spaceships. But Bloomberg New Energy Finance says it is now becoming so cheap, it will start pushing coal and natural gas plants out of business by 2040. Bloomberg New Energy Finance’s Kobad Bhavnagri discusses the findings on “Bloomberg Daybreak: Asia.” (Source: Bloomberg)

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BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
 
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