Each year, Bloomberg New Energy Finance peers far into the future to predict the trends that will shape energy markets in the years to come. Its New Energy Outlook 2018 report has just been released, and it sees demand for electricity rising as more electric vehicles come to market, but a sharp decline in coal-fired
In order to combat the devastating effects of climate change and ensure a clean future for coming generations, massive investments and research are being undertaken in renewable energy solutions. Arguably, numerous advances have been made in solar and wind power – but these systems have a major drawback: they are most effectively used when the
The Global Energy Transition often seems to be about big infrastructure projects, like offshore windfarms and grid battery storage. However, what’s happening at the home level is arguably more important, in terms of the impact on the individual and on the future requirements for national grids.
A world where energy is clean, cost effective and reliable for everyone is now within sight
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).The 150-page New Energy Outlook (NEO) 2018 report predicts that the future of the global electricity system will be
According to a recent report, Bitcoin mining could account for as much as 0.5 percent of global electricity demand by the end of 2018. “Mining” is the process by which a global network of computers verify Bitcoin transactions, and running all of those computers uses a lot of energy. As electricity demand for mining Bitcoin
The UK could meet its future power demand predominantly through wind and solar generation without jeopardising security of supply, a new report has revealed.The report, produced by consultancy Vivid Economics in partnership with Marko Aunedi, an academic within Imperial College’s faculty of engineering, has assessed how the UK power system can decarbonise out to 2030,
Ministers told there is no logical argument against turbines in areas that want them
EXCLUSIVE: E.ON chief executive Michael Lewis has claimed that an energy storage revolution must happen within a decade if the world is to meet the Paris Agreement goals.
The cost of renewables has been sinking. Harnessing the excess could be huge.