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Poland coal mine

A green path for Europe’s largest coal-fired power plant

Europe’s largest coal-fired power plant could replace most of its lignite generation with renewables paired with batteries -BNEF.
renewable energy

Investment in renewables hits record $226bn despite supply chain woes

Global investment in renewable energy rose to $226 billion in the first half of 2022, setting a new record for the first six months of a year.
wind

Capital injections, robust policies made 2021 a record year for US energy transition

2021 was a record-breaking year for investment in the energy transition and the deployment of renewable power, states BNEF.
battery storage

Global energy storage market to hit 1TWh by 2030

Energy storage installations around the world will reach a cumulative 358GW /1,028GWh by the end of 2030, more than twenty times larger than the 17GW/34GWh online at the end of 2020.
Australia solar energy

Rooftop solar remains untapped yet crucial for energy transition – BNEF

The global market for rooftop solar energy remains untapped yet is crucial for the world to achieve 2050 net-zero targets, say BloombergNEF and Schneider Electric.

Is AI the key to unlocking a faster energy transition?

A new study posits that "AI can be used to accelerate a more equitable energy transition and build trust for the technology throughout the industry".
fossil fuel

Three sustainable actions G20 countries need to take – BNEF

BloombergNEF highlights the three ways G20 countries can move away from fossil fuels and ensure environmental sustainability.

Global corporate clean energy purchasing up 18% in 2020

Corporations purchased a record of 23.7 GW of clean energy in 2020, up from 20.1GW in 2019 and 13.6GW in 2018, according to new research published by BNEF.
power sector

BNEF releases top ten predictions for the power sector in 2021

Bloomberg New Energy Finance (BNEF) has released its top ten predictions for the power sector in 2021.
energy transition

Global energy transition investment up by 9% despite COVID-19 disruptions

A new, broad measure of â€Ëœenergy transition investment shows that the world committed a record $501.3 billion to decarbonisation in 2020.