Category: Report

September 12 2024

Designing and Delivering Net-Zero Policy: Tackling a Long-Term Problem Today

BloombergNEF has released a new public report: "Delivering Net Zero: A Framework for Policymakers" aimed at assisting governments and other stakeholders identify and implement the measures necessary to reach and support a net-zero economy.

September 4 2024

Texas Tug of War: Grid Juggles Solar Boom and Power-Hungry Data Centers

Texas is poised to become the leader in solar power capacity in the US by the end of the decade, as a tripling of installed capacity vaults it above California. But that record build could be eclipsed by the expected growth in power demand, driven by the electrification of oil and gas production, and rapid expansion of data centers.

September 4 2024

Oil Faces a Demand Issue. Biggest User Segment to Peak in 2027

Electric vehicles are already displacing nearly 1.8 million barrels of oil every day – roughly the same amount as Mexico consumes. Despite some bumps on the road when it comes to their deployment, that number is set to double by 2027, and triple by 2029, causing oil use in the road sector – the largest demand center for oil - to peak in three years, according to BloombergNEF’s Road Fuel Outlook.

August 27 2024

3Q 2024 Global PV Market Outlook

The global PV industry is expected to install 592 gigawatts of modules this year, up 33% from the boom year of 2023. Low prices for modules are stimulating demand in new markets, but hurting manufacturers, who are competing intensely to maintain market share.

August 19 2024

EV Slowdown Countered by Energy Storage Boom

Battery manufacturers are having hard times this year. LG Energy Solutions and Samsung SDI recently posted falling quarterly revenues and profits, while Panasonic’s battery division missed its targets. Even the world’s largest battery maker, CATL, reported its first drop in quarterly profit earlier this year.

August 19 2024

US Is Top Climate-Tech Financier in 2024. China Led Last Year

The US emerged as the top climate-tech financing market in 2024, with $6.7 billion mobilized in the first half of the year. Most of this financing was for clean power companies — renewable energy equipment makers and project developers — as well as startups along the energy storage value chain.

August 14 2024

Renewable Fuel Capacity Shifts Locations and Technologies

The landscape for producing renewable fuels is shifting, with a flurry of projects recently canceled in more established markets replaced by plans for a more diverse set of locations and technologies. This emerging market includes renewable diesel and sustainable aviation fuel, or SAF, with production still challenged by feedstock availability and high costs. Terminated capacity is more than offset by the new proposals.

August 14 2024

Ammonia Supply Outlook 2024: A Clean Takeover

Clean ammonia supply could grow 22- to 30-fold this decade, reaching up to 32 million metric tons of capacity in 2030, according to new BloombergNEF analysis. More than 70% of this supply is in construction or advanced planning and thus likely to be built.

August 7 2024

Unlocking Agricultural Carbon Market Opportunities

Agricultural carbon markets are underappreciated and underdeveloped but “carbon farming” might change that. The term covers a variety of methods aimed at sequestering atmospheric carbon in the soil and plants, or reducing farm greenhouse gas emissions. Together, these practices hold the potential to be a key source of offset supply for the voluntary carbon market. 

July 24 2024

The Cost of Decarbonizing Industry is High, But Within Reach

Producing the materials needed for the infrastructure and objects we use every day accounts for more than 20% of global emissions. These are some of the most difficult industries to decarbonize, as we have few ready options to replace the coal, gas and oil they typically use as fuel and feedstocks. Over the next six years hydrogen, carbon capture and electrification will need to be tested and scaled, as industrial emissions must drop dramatically from 2030.