Some 960GW of new solar PV and wind capacity must be deployed globally each year by 2030 to be on track to reach net zero by mid-century, according to new analysis from BloombergNEF (BNEF).
At least $14 trillion (£9 trillion) must be invested in the grid worldwide by 2050 to support an evolved power system, according to new analysis from BloombergNEF (BNEF).
The electrification of transport, buildings and industrial sectors in Europe could cut greenhouse gas emissions of those sectors by 60% between 2020 and 2050, according to a new report.
Wind and solar could provide half of the world’s energy generation by 2050 on the back of continually declining technology costs, particularly in battery energy storage, according to a new report from Bloomberg New Energy Finance (BNEF).