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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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. […]
October 18 2022

Global Carbon Capture Capacity Due to Rise Sixfold by 2030

  More than $3 billion has been invested in carbon capture so far in 2022   New York and London, October 18, 2022 – The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO2 captured per year, according to research company BloombergNEF’s (BNEF) […]
October 12 2022

Global Energy Storage Market to Grow 15-Fold by 2030

  More ambitious policies in the US and Europe drive a 13% increase in forecast capacity versus previous estimates   New York, October 12, 2022 – Energy storage installations around the world are projected to reach a cumulative 411 gigawatts (or 1,194 gigawatt-hours) by the end of 2030, according to the latest forecast from research […]
September 28 2022

Japan’s Ammonia-Coal Co-Firing Strategy a Costly Approach to Decarbonization, Renewables Present More Economic Alternative

Clean ammonia is better suited for the decarbonization of other applications such as fertilizer production   Tokyo, September 28, 2022 – Japanese utilities are exploring the case for retrofitting their existing coal power plants to enable co-firing of coal with ammonia to reduce carbon dioxide emissions. However, ammonia-coal co-firing is unlikely to become an economically […]
September 21 2022

Wind And Solar Top 10% of Global Power Generation For First Time

Renewables made a record contribution to global grids in 2021, but coal-fired power and emissions jumped to new highs, according to BloombergNEF’s Power Transition Trends London, São Paulo, September 21, 2022 – The world’s wind and solar projects combined to meet more than a tenth of global electricity demand for the first time in 2021, […]
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