Accelerated Electrification Coupled with Renewables Can Put China on Path Toward Carbon Neutrality
“China’s Accelerated Decarbonization” report by BloombergNEF presents how China could speed up its decarbonization, and the economic benefits of progressing towards net-zero Shanghai, December 1, 2020 — Today, BloombergNEF (BNEF) and Bloomberg Philanthropies released “China’s Accelerated Decarbonization” – a new white paper detailing how China could take major steps toward its recently announced […]
Emissions and Coal Have Peaked as Covid-19 Saves 2.5 Years of Emissions, Accelerates Energy Transition
BloombergNEF’s New Energy Outlook 2020 sees total oil demand peaking in 2035, and growth in clean energy technology – yet, world still heading for 3.3-degree temperature rise London and New York, October 27, 2020 – The stark drop in energy demand due to the coronavirus pandemic will remove some 2.5 years’ worth of […]
Record Month Shoots Green Bonds Past Trillion-Dollar Mark
Amid global turmoil, green bond issuance is serving as a beacon for sustainability, surpassing $1 trillion issued since the market’s inception in 2007 London and New York, October 5, 2020 – Green bonds have passed their biggest milestone yet, with more than $1 trillion issued since these securities first emerged in 2007, according to […]
South Korea, Singapore, Germany Lead BNEF Ranking of Top Digitalization Markets
Asia and Europe continue to lead global industrial digitalization, with most strategies focusing on AI and advanced manufacturing New York, September 24, 2020 – South Korea, Singapore and Germany top BloombergNEF’s (BNEF) 2020 national industrial digitalization ranking. Leading countries hail predominantly from Asia and Europe with each region taking four of the top 10 […]
China Dominates the Lithium-ion Battery Supply Chain, but Europe is on the Rise
BNEF’s inaugural ‘Global Lithium-Ion Battery Supply Chain Ranking’ finds that by 2025, China continues to dominate the supply chain while the U.S. and Sweden rise to third and fourth respectively Hong Kong, London and New York, September 16, 2020 – China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly […]
Solar and Wind Reach 67% of New Power Capacity Added Globally in 2019, while Fossil Fuels Slide to 25%
Photovoltaics by far the world’s leading power-generating technology installed in 2019; 45% of capacity added was solar with one third of all countries making it their top choice New York and São Paulo, September 1, 2020 – Photovoltaics (PV) dominated as the main new power-generating technology source added to grids in dozens of countries […]
Global Gas Industry Set to Resume Growth Post-Pandemic, Adopt Low-Carbon Technologies for Long-Term Growth
Covid-19 will reduce gas use in 2020, but recovery will be underpinned by favourable economics, widening access and a longer-term drive towards emissions reductions, including a role for hydrogen and other green gas technologies. The full report is available here. London, Barcelona, and Milan, August 6, 2020 – After growing by more than 2% […]
Ten Innovative Companies Named as 2020 BNEF Pioneers
Game-changing companies recognized for their leadership in transformative technologies New York, July 14, 2020 – Ten early-stage companies have been named as the 2020 BNEF Pioneers. The winners are pursuing some of the most exciting opportunities in areas as diverse as advanced materials, distributed energy, industrial digitalization, intelligent mobility, metals, satellites, and energy […]
Colossal Six Months for Offshore Wind Support Renewable Energy Investment in First Half of 2020
Global investment in new renewables capacity rose 5% in 1H 2020, defying Covid-19 recession London and New York, July 13, 2020 – Renewable energy capacity investment showed great resilience in the first half of 2020, in the face of the unprecedented economic shock caused by the coronavirus, according to the latest figures from […]
New Report Reveals Economic Path to a Rapid Coal Phase-out in Europe
“Investing in the Recovery and Transition of Europe’s Coal Regions” report from BloombergNEF and Bloomberg Philanthropies shows potential for Bulgaria, Czechia, Poland and Romania to move off coal power, grow economies, and play a leading role in Europe’s green recovery Read the full report here. Brussels and New York, July 6, 2020 – Today, Bloomberg […]