Category: Press Release

BloombergNEF (BNEF) has been contributing to the conversation on the future of energy for more than ten years. Leading journalists from around the world rely on analysis, data and research from BNEF.

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December 14 2021

Emerging Market Clean Energy Investment Slid as Covid-19 Spread

  Investor support for the energy transition surged in 2020, but capital flows to less developed countries slowed as the pandemic raged on   London, December 14, 2021 – Despite a record-breaking year for energy transition investment in 2020, investors poured $67 billion fewer dollars into clean energy in emerging markets than they did into […]
December 1 2021

Steel Industry Set to Pivot to Hydrogen in $278 Billion Green Push

  Hydrogen and recycling are key technologies to lower the emissions of the world’s most widely used metal   New York and Beijing, December 1, 2021 – Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). […]
November 30 2021

Battery Pack Prices Fall to an Average of $132/kWh, But Rising Commodity Prices Start to Bite

  BloombergNEF’s annual battery price survey finds prices fell 6% from 2020 to 2021   Hong Kong and London, November 30, 2021 – Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021[1]. This is a 6% drop from $140/kWh in 2020. Continuing […]
November 24 2021

Producing Battery Materials in the DRC Could Lower Supply-Chain Emissions and Add Value to the Country’s Cobalt

  Study identifies DRC as a favorable destination for the manufacturing of sustainable battery materials used in high-nickel batteries   London and Kinshasa, November 24, 2021 – The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor […]
November 15 2021

Global Energy Storage Market Set to Hit One Terawatt-Hour by 2030

  The U.S. and China will lead, claiming over half of the global installations by the end of this decade   New York and Beijing, November 15, 2021 – Energy storage installations[1] around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 […]
November 10 2021

Electric Vehicle Sales Headed For Five And A Half Million In 2021 As Automakers Target 40 Million Per Year By 2030

    32% of global auto market now covered by manufacturers’ commitments to end sales of fossil fuel-powered vehicles, and 20% covered by equivalent national policies   London, November 10, 2021 – Passenger electric vehicle sales are set to jump over 80% in 2021, to 5.6 million units, off the back of unprecedented industry and […]
October 27 2021

Market-based Solutions Critical to Accelerating Energy Transition

  New study highlights how private capital is successfully leveraged to accelerate clean energy investments in emerging markets   Washington, October 27, 2021 – A new report by BloombergNEF (BNEF) and the Climate Investment Funds details how private capital has been successfully leveraged to support renewable energy growth in developing nations – and offers specific […]
October 19 2021

Bloomberg Philanthropies Announces New Partnership with International Solar Alliance to Mobilize $1 Trillion in Solar Financing

  New BloombergNEF report reveals that solar power is poised to be the cheapest form of newly built energy; catalytic investment can unlock massive benefits for millions of people Read the full report here.   London, October 19, 2021 — Bloomberg Philanthropies and the International Solar Alliance (ISA) today announced a partnership to mobilize $1 […]
October 18 2021

New Bloomberg Resource Lights Paths to a Net-Zero CO2 Future

  NetZero Pathfinders platform surfaces dozens of proven, actionable policies ready to scale globally   New York and London, October 18, 2021 – With 13 days to go until the critical next round of international climate talks, Bloomberg has launched a new online resource specifically intended to help policymakers find concrete, actionable solutions to address […]
October 14 2021

Data Centers Set to Double Their Power Demand in Europe, Could Play Critical Role in Enabling More Renewable Energy

  Hyperscale and colocation data centers can be an important source of flexibility in Europe’s power system, helping to integrate higher renewable energy penetrations   London and Berlin, October 14, 2021 – Large data centers in the U.K., Germany, Ireland, Norway and the Netherlands are projected to draw 5.4GW (gigawatts) in ‘live IT power’ demand […]
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