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Clean energy guru sees more corporate renewables purchases

It’s the time of year for 2016 predictions, and Bloomberg New Energy Finance’s Chairman of the Advisory Board, Michael Liebreich, anticipates corporations will continue their trend toward directly sourcing renewable energy to power their organizations.As renewable energy credits, or RECs Read More...

BNEF: Clean energy investment slipped again in Q3

...od of 2015, according to newly released data from BNEF. Following lackluster numbers from both the f... from both the first and second quarters of 2016, BNEF said it expects full-year totals to come in w...billion, down 40% from the year-ago quarter.  Read More...

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Bloomberg: Solar to become cheapest power source

... bank loans and increased manufacturing levels. Citing BNEF head of solar analysis Jenny Chase, the news agency reported that the average 1 megawatt-plus ground mounted solar system will cost 73 cents per watt by 2025, marking a 36% drop compared to the current $1.14 per watt. That estimate is Read More...

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BNEF: Oil majors join C&I sector in cutting GHGs

...missions by an average of 13% between 2010 and 2015. Citing BNEF data, the publication reported that Exxon, the largest emitter of GHG emissions among those top five, reduced its share by 14%. The news agency explained: The report shows a reverse from previous decades, when scientific warn Read More...

Growth of E-buses to outpace E-cars

...-term forecast from Bloomberg New Energy Finance (BNEF), electric buses in almost all charging confi...cher, lead analyst on advanced transportation for BNEF, explained, "Developments over the last 12 mo...% of the global EV market in 2025 and 39% in 2030. Read More...

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Investment in renewables squeezes coal

...nuclear.A report by Bloomberg New Energy Finance (BNEF) further forecasts that coal will be increasi...Elena Giannakopoulou, head of energy economics at BNEF. "Beaten on cost by wind and PV for bulk elec...ill become much cheaper by 2040, according to the BNEF estimates, while traditional nuclear and coal Read More...

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Energy storage will attract $620 billion in investments by 2040

... years," according to a report from BloombergNEF (BNEF). "Cheap batteries mean that wind and solar w...’t blowing and the sun isn’t shining."BNEF’s latest Long-Term Energy Storage Outlo...nbsp;Logan Goldie-Scot, head of energy storage at BNEF, said: "We see energy storage growing to a po Read More...

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Clean energy investment exceeds $300B for 5th year

... 8% decline from 2017.A report from BloombergNEF (BNEF) noted sharp contrasts between clean energy solar declined by 24% to $130.8 billion.  BNEF attributed the reduction to sharply declining...declining capital costs. The report noted, “BNEF’s global benchmark for the cost of inst Read More...

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BNEF reports 237 companies are on track for science-based emissions targets

...tion targets, a new report by BloomgbergNEF found.BNEF announced Sept. 17 its report "Science-B...consumer staples, materials and industrials. BNEF also reported that the necessary reduction in...were 11 companies like Enel and NRG Energy, which BNEF estimates will have an easier time in decarbo Read More...

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BNEF finds emissions could drop 60% through electrification of Europe

...ctoria Cuming, head of global policy analysis for BNEF, said in a statement.At this point, thes... statement.At this point, these plans outlined by BNEF are hypothetical and would need to be introdu...ed to achieve this carbon reduction. According to BNEF, power systems could need 75% more generation Read More...

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Sustainability Programs During COVID-19: There’s a will… but is there a way?

... new initiatives on hold and a shift in focus. According to BNEF’s latest Corporate Energy Market Outlook, companies signed contracts for 8.9 GW of renewables through July across the globe, though activity in the U.S. dropped significantly due to COVID-19.Investor Perception posted the lowest Read More...

Despite 2020 challenges, corporate clean energy buying grew 18%

...ed 93 GW of new, incremental solar and wind build....s global economies buckled,” Kyle Harrison, BNEF senior associate and the lead author of the r... their electricity consumption with clean energy. BNEF forecasts that the 285 RE100 members will col Read More...

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Cumulative offshore wind to top 200GW by end of decade

...o the globalization of the industry....W of new capacity coming online, a statement from BNEF estimates a rebound in 2021, driven by activi... is integral to the globalization of the industry. Read More...

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Steel Industry Use of Hydrogen Could Avoid Carbon Emissions

...g by 2050, according to a report by BloombergNEF (BNEF).Emissions can be lowered in the production o...d Julia Attwood, head of sustainable materials at BNEF and lead author of the report. “The nex...d options toward a net-zero future by 2050.” Read More...

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Corporate Clean Energy Buying Passes 30GW

...ording to a report by research firm BloombergNEF (BNEF).Over two-thirds of this purchasing or 65% oc...s in 32 different countries in 2021, according to BNEF’s 1H 2022 Corporate Energy Market Outlo...Kyle Harrison, Head of Sustainability Research at BNEF in a statement. “More corporations are Read More...

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