Bloomberg New Energy Finance Archives - Renew Economy

Renewables

Solar will be largest power generator in “much changed” world by 2032, but battery storage is the big mover
BNEF’s latest annual New Energy Outlook details a “much changed” global market, spurred by energy security and huge uptake of cheap solar and batteries.
Sophie Vorrath

May 20, 2026

9
Hydrogen

Australia’s green hydrogen export dream could require 812GW of wind and solar
BNEF report finds Australia would need a massive total of 812GW of mostly onshore solar and wind power by 2050 to export green hydrogen and meet its climate targets.
Sophie Vorrath

May 23, 2023

0
Renewables

Global renewables investment hits record high, boosted by solar and offshore wind
Global renewable energy investment reached $US226 billion in the first half of 2022, a record that defied supply chain challenges and cost inflation.
Joshua S Hill

Aug 2, 2022

0
Renewables

Costs for new build wind and solar have jumped, but nothing like those of fossil fuels
BNEF reports temporary cost rises for renewables, driven by increased cost of materials, freight, fuel and labor. But solar and wind are still way cheaper than coal and gas.
Sophie Vorrath

Jul 1, 2022

0
Hydrogen

Renewable hydrogen to undercut gas on price, but not the answer for transport
Report says renewable hydrogen could beat out gas on power generation – but it’s not the answer for low-carbon automotive transport.
Sophie Vorrath

Mar 31, 2020

0
Solar

Coronavirus could deliver first global solar market contraction since 1980s, says BNEF
Bloomberg New Energy Finance says hit to demand as Coronavirus takes hold could make 2020 the “first down year for solar capacity addition” in several decades.
Sophie Vorrath

Mar 17, 2020

0
Electric Vehicles

Australia needs more than a single page EV strategy to cut transport emissions
EVs can help to significantly lower global transport emissions, but governments must develop the strategies to ensure they can achieve their full potential.
Michael Mazengarb

Jun 18, 2019

0
Renewables

Age of cheap coal power is over for Australia, says BNEF
Bloomberg New Energy Finance says it’s cheaper in Australia, right now, to build new wind or solar than to operate and generate power from shovelling coal into existing plant.
Sophie Vorrath

May 8, 2019

0
Electric Vehicles

EVs could match petrol cars on cost by next year in Australia
BNEF says total cost of EVs could match petrol cars as early as next year in Australia, and says Labor’s target of 50% share of sales by 2030 is feasible.
Giles Parkinson

Apr 30, 2019

0
Renewables

Another coal myth busted as developing nations turn to renewables
BloombergNEF study shows new coal-fired capacity additions fell to their lowest level in over a decade, as developing nations led world in take-up of renewables.
Sophie Vorrath

Nov 27, 2018

0
Storage

Battery storage to become $1.7 trillion market, super-charged by networks and consumers
BloombergNEF says networks and consumers set to drive global energy storage boom worth $A1.7 trillion, as cost of batteries tumbles by 52%.
Sophie Vorrath

Nov 7, 2018

0
Storage

Australia on cusp of new mining boom, driven by electric vehicles
We might not be driving them, but soaring global electric vehicle demand puts Australia in the front seat for a new mining boom, says BNEF.
Sophie Vorrath

May 22, 2018

22