China Dominates Clean Technology Manufacturing Investment as Tariffs Begin to Reshape Trade Flows: BloombergNEF
BloombergNEF’s (BNEF’s) Energy Transition Supply Chains 2025 report examines the state of global clean-tech manufacturing, how policy environments are incentivizing onshoring and changing clean-tech global trade patterns Some 76% of global clean-tech factory investment in 2024 went to support manufacturing in mainland China, far surpassing other markets despite various other governments’ efforts to support “onshoring” […]
Power Generation from Renewables Set to Jump 84% in Next Five Years as Demand from New Data Centers Surges: BloombergNEF
BloombergNEF’s New Energy Outlook 2025 maps out how the global energy transition could progress, driven by competitive economics, investment decisions to meet rising energy demand and existing short-term policy settings The report’s base case, the Economic Transition Scenario, finds robust adoption of clean power and electrification in road transport, growth in natural gas demand, and […]
Solar and Batteries can Meet Malaysia’s Growing Electricity Demand Without Compromising Energy Security and Affordability
● BloombergNEF’s Malaysia: A Techno-Economic Analysis of Power Generation finds that solar power is the cheapest source of electricity generation for Malaysia ● Solar paired with batteries could become more economically viable than new gas and coal power plants by 2026 and 2028, respectively ● Using clean hydrogen and its derivative ammonia to reduce emissions […]
Australia on the Cusp of Big Battery Boom, According to BloombergNEF Report
A volatile power market, supportive government policies, and looming coal plant retirements are driving uptake of utility-scale batteries in Australia: BloombergNEF Sydney, March 25, 2025 – Australia could be on the cusp of a utility-scale battery boom, propelled by sustained high volatility in the power market, government policies that support batteries, and expected coal plant […]
Chinese Manufacturers Lead Global Wind Turbine Installations, BloombergNEF Report Shows
London and New York, March 17, 2025 – Wind turbine installations hit a record for a second year in 2024, driven by rapid growth in mainland China, according to a new report by research provider BloombergNEF (BNEF). Globally, developers brought online 121.6 gigawatts (GW) of wind turbines worldwide last year, double the capacity commissioned […]
Europe’s New Emissions Trading System Expected to Have World’s Highest Carbon Price in 2030 at €149, BloombergNEF Forecast Reveals
6 March 2025, LONDON: The EU Emissions Trading System II – the EU’s new carbon market designed to cut emissions across road transport, buildings and small industries – is set to launch in 2027. BloombergNEF’s (BNEF’s) EU ETS II Market Outlook forecasts that carbon prices could surge to €149 per metric ton ($156/t) by 2030 […]
Brazil Requires Over $6 Trillion in Energy Investment by 2050 to Reach Net Zero, According to BloombergNEF
New Energy Outlook: Brazil details the decarbonization pathways for Brazil’s energy transition to 2050 Brazil requires multiple technology pathways to reach net zero, including electrification, carbon capture, hydrogen, bioenergy and clean power BNEF sees electrification as the key driver of carbon abatement, mainly in road transport and in hard-to-abate industries Sao Paulo, February 20, 2025 […]
New Study Shows American Sustainable Energy Technologies Are Ready to Meet Increasing Energy Demand
Thirteenth annual edition of the Sustainable Energy in America Factbook highlights national data on the U.S. energy expansion in 2024 Washington, D.C, 20 Feb 2025. – In 2024, U.S. power generation reached its highest volume in two decades, driven by growth in renewable energy technologies and by stable natural gas generation capacity. These energy growth […]
Global Cost of Renewables to Continue Falling in 2025 as China Extends Manufacturing Lead: BloombergNEF
New York/ London, February 6, 2025 – The cost of clean power technologies such as wind, solar and battery technologies are expected to fall further by 2-11% in 2025, breaking last year’s record. According to a latest report by research provider BloombergNEF (BNEF), new wind and solar farms are already undercutting new coal and gas […]
Global Investment in the Energy Transition Exceeded $2 Trillion for the First Time in 2024, According to BloombergNEF Report
BloombergNEF’s Energy Transition Investment Trends 2025 finds that investment in the energy transition is higher than ever, but growth has slowed China invested most and drove the majority of the growth in 2024, eclipsing the US, the EU, and the UK Investment in mature technologies is growing globally, while investment in emerging technologies is struggling […]