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 9 2021

For Any COP26 Climate Goals To Succeed, New Technology Breakthroughs Are Essential

Achieving anything close to an average rise in global temperatures of 1.5 degrees Celsius this century will require not only policy, regulation and financing but also new technology breakthroughs.

November 4 2021

The Renaissance of Nuclear Power to Accommodate Net-Zero by 2050: New Energy Outlook 2021

BloombergNEF’s Red Scenario, describes a pathway that is dominated by clean power, and smaller, more modular, nuclear is deployed to complement wind, solar and battery technology in the power sector, and so-called red hydrogen is manufactured using nuclear power.

October 26 2021

EV Drivers Save Big When They Charge Smart

Drivers of battery-electric vehicles are more than able to move charging times to suit the grid and in doing so can save over $1,000 annually on charging costs compared to gas fueling.

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 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 […]

October 5 2021

Abatement Potential of Household Energy Technologies

Passenger electric vehicles, rooftop solar, home batteries, and domestic heat pumps could go a long way in addressing three of the largest sources of household emissions: electricity, transport, and heat.

September 30 2021

The Role of Carbon Capture and Storage in Getting to Net-Zero by Mid-century: New Energy Outlook 2021

There are many routes to achieve net-zero emissions by 2050, but none will be easy, and no single pathway is set in stone. Despite the uncertainty, all routes have one thing in common: existing technology needs to be deployed rapidly this decade.

September 15 2021

Careful Policy Design Could Unlock Massive Rooftop Solar Market Around The World

  New BloombergNEF and Schneider Electric report finds rooftop solar market still largely untapped with potential to exceed 2,000 gigawatts of solar and 1,000 gigawatt-hours of energy storage by 2050 The full report is available via the following link.   New York and Rueil-Malmaison (France), September 15, 2021 – Customer-sited solar is a major untapped […]

September 13 2021

The Best G-20 Markets for Decarbonizing Industrial Low- to Medium-Temperature Heat

The top G-20 markets for industrials seeking to decarbonize their low-to medium- temperature heat are China, France, Italy, Germany, South Korea and the U.K., according to a new report by BloombergNEF and the World Business Council for Sustainable Development

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