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)
BNEF’s Bhavnagri on Renewables Outcompeting Coal on Cost
About Bloomberg New Energy Finance
Bloomberg New Energy Finance (BNEF) is an industry research firm focused on helping energy professionals generate opportunities. With a team of experts spread across six continents, BNEF provides independent analysis and insight, enabling decision-makers to navigate change in an evolving energy economy.
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