Press Release Archives | Page 6 of 24

February 6 2023

Economics to Drive Coal Decline, Renewables Growth in Poland

Coal-fired generation to get squeezed from the country’s power system by 2032 thanks to lower-cost renewables and carbon costs: BloombergNEF London, February 6, 2023 – Coal burn in Poland’s power system is poised to drop to negligible levels by 2032 thanks to the fuel’s deteriorating economics and the effects of Europe’s carbon-emissions trading scheme, according […]

January 26 2023

Global Low-Carbon Energy Technology Investment Surges Past $1 Trillion for the First Time

Defying supply chain disruptions and macroeconomic headwinds, 2022 energy transition investment jumped 31% to draw level with fossil fuels: BloombergNEF London, January 26, 2023 – Global investment in the low-carbon energy transition totaled $1.1 trillion in 2022 – a new record and a huge acceleration from the year before – as the energy crisis and […]

January 23 2023

Carbon Offset Market Could Reach $1 Trillion With Right Rules

Doubts over credit quality and climate impact gave investors pause in 2022, but long-term demand could still drive massive growth: BNEF New York and London, January 23, 2023 – The total value of carbon credits produced and sold to help companies and individuals meet their de-carbonization goals could approach $1 trillion as soon as 2037, […]

January 18 2023

Transition Metals Become $10 Trillion Opportunity as Demand Rises and Supply Continues to Lag

BloombergNEF’s first Transition Metals Outlook shows the market value for key metals used in transition technologies will probably triple by 2050 New York, January 18, 2023 – Demand for key metals needed for the deployment of energy transition technologies such as solar, wind, batteries and electric vehicles will grow fivefold by 2050, under BloombergNEF’s so-called […]

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 […]