December 6 2022

Lithium-ion Battery Pack Prices Rise for First Time to an Average of $151/kWh

  BloombergNEF’s annual battery price survey finds prices increased by 7% from 2021 to 2022   New York, December 6, 2022 – Rising raw material and battery component prices and soaring inflation have led to the first ever increase in lithium-ion battery pack prices since BloombergNEF (BNEF) began tracking the market in 2010. After more […]

November 30 2022

New Energy and Climate Scenario Shows a Path to Stay on Track for Paris Agreement Goals

  BloombergNEF’s New Energy Outlook 2022 demonstrates a credible way to achieve global net zero by mid-century   London, November 30, 2022 – Plausible pathways still exist to get on track for well below two degrees Celsius of global warming, if governments and companies take determined action to transition to low-carbon energy technologies, according to […]

November 16 2022

Zero-Emission Vehicle Adoption is Accelerating, But Stronger Push is Needed to Stay on Track for Net Zero

  Actions from policymakers, manufacturers and consumers are already having an impact, avoiding almost 1.7 million barrels of oil per day in 2022    Sharm El-Sheikh, November 17, 2022 – Adoption of zero-emission vehicles accelerated in the past year across almost all markets and vehicle segments, according to the 2022 Zero-Emission Vehicles Factbook published by […]

November 15 2022

Developing Countries Raise Their Clean Power Policy Ambitions

  92% of emerging markets have set long-term renewable energy targets, but follow-through remains critical and incomplete, BloombergNEF finds in its latest Climatescope survey   Read the full report here   Sharm el-Sheikh, November 15, 2022 – Policymakers in emerging markets and developing economies are raising their sights when it comes to renewable energy, research […]

November 12 2022

New BloombergNEF & B20 Free Carbon Knowledge Hub Provides Transparency on CO2 Markets

  New public web platform brings credibility to carbon markets with primers, factsheets and stories from experts  Access the Carbon Knowledge Hub at www.b20-carbon-excellence.org   Bali, Indonesia, November 12, 2022 – BloombergNEF (BNEF) and the Indonesian Chamber of Commerce and Industry (KADIN), on behalf of B20 Indonesia, today announced the launch of the Carbon Knowledge […]

November 12 2022

China’s Battery Supply Chain Tops BNEF Ranking for Third Consecutive Time, with Canada a Close Second

  Canada’s recent investment in its upstream clean energy supply and increasing demand in the US-Mexico-Canada Agreement (USMCA) region increases the country’s competitiveness   Bali, November 12, 2022 – China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for […]

November 11 2022

Net-Zero Transition Potentially a $3.5 Trillion Investment Opportunity for Indonesia

  Accelerated deployment of renewables within this decade combined with post-2030 deployments of nuclear and carbon capture and storage can enable Indonesia to achieve net-zero emissions by 2050   Bali, November 12, 2022 – The global net zero transition can represent a $3.5 trillion investment opportunity for Indonesia, according to a new report published today […]

November 9 2022

Africa Clean Energy Investment Sees No Post-Pandemic Rebound

New capital deployed for wind, solar, geothermal and other renewable power projects in Africa slips to an 11-year low, finds BloombergNEF Read the full report here   Sharm el-Sheikh, November 9, 2022 – As leaders gather in Egypt for the latest round of UN climate talks with the energy transition and economic development very much […]

November 1 2022

2021 Support for Fossil Fuels by G-20 Nations Reached Highest Level Since 2014

  BloombergNEF and Bloomberg Philanthropies report reveals G-20 member countries provided almost $700 billion in support for coal, oil, gas and fossil-fuel power in 2021 – up 16% from the year before Read the full factbook here   New York, November 1, 2022 – The 19 individual country members of the G-20 provided $693 billion […]

October 20 2022

Transitioning Europe’s Largest Coal Power Plant to a Secure, Resilient, Affordable Clean Energy Future

  New study outlines a transition plan for Europe’s largest coal-fired power plant, located in Belchatow, Poland   London and Łódź, October 20, 2022 – Europe’s largest coal-fired power plant could replace most of its lignite generation with renewables paired with batteries or lower-carbon thermal capacity, research group BloombergNEF (BNEF) finds in a new report. […]

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