Press Release Archives | Page 7 of 22

March 3 2022

Record 2021 Investment, Demand Highlight Critical Role Sustainable Energy Technologies Play in the U.S. Economy

Tenth Annual Edition of the Sustainable Energy in America Factbook Provides Key Data on the Role of Energy Efficiency, Natural Gas and Renewable Energy in Driving the Energy Transition Washington, D.C. – Despite the Covid-19 pandemic, 2021 was a record-breaking year for investment in the energy transition and the deployment of renewable power, battery […]

January 31 2022

Corporate Clean Energy Buying Tops 30GW Mark in Record Year

Corporations purchased 31.1 gigawatts of clean power through long-term contracts, largely driven by activity in the U.S. and from large technology companies New York and London, January 31, 2022 – Corporations bought a record 31.1 gigawatts of clean energy through power purchase agreements, or PPAs, in 2021, up nearly 24% from the previous […]

January 27 2022

Global Investment in Low-Carbon Energy Transition Hit $755 Billion in 2021

BloombergNEF’s annual investment report records a 27% rise from 2020 to 2021, with almost half of all investment occurring in Asia London, January 27, 2022 – Global investment in the energy transition totaled $755 billion in 2021 – a new record – off the back of rising climate ambition and policy action from […]

January 12 2022

Sustainable Debt Issuance Breezed Past $1.6 Trillion in 2021

Total sustainable debt issuance through 2021 exceeded $4 trillion, demonstrating the popularity of environmental, social and governance borrowing London and New York, January 12, 2022 – Volumes of sustainable debt surpassed $1.6 trillion in 2021 alone, more than doubling 2020’s end of year value, according to data compiled by research company BloombergNEF (BNEF) […]

January 10 2022

Carbon Offset Prices Could Increase Fifty-Fold by 2050

Surging demand and unanswered questions on supply could push offset prices to unsustainable highs or ill-fated lows New York and London, January 10, 2022 – Prices for carbon offsets – verified emissions reductions equivalent to one ton of carbon each – could be as high as $120/ton or as low as $47/ton in 2050, […]

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 […]