Today BloombergNEF released its seventh annual Electric Vehicle Outlook. The report offers reams of new data and projections around what’s become a familiar story: EV sales are growing at double digits each year and are now the only growth area in the global passenger vehicle market.
The US power grid includes everything from 100-year-old hydro dams to brand-new batteries. It’s evolving as coal power diminishes, wind and solar rise and energy storage smooths out operations. But those changes are a shadow of what might come next.
Major corporations have made a one-way bet on renewable power: more of it, every year.
Copper is one of the essential elements of today’s economy, and tomorrow’s.
The summer of 2022 has not been a stable season for global energy.
Since the start of 2019, investors have plowed more than $300 billion into environmental, social and governance (ESG)-themed exchange traded funds.
Russia’s invasion of Ukraine has underlined the continent’s dependence on imported gas, and challenged its planners and politicians to consider where, how, and how quickly they might limit that dependence. Comparisons to 1970s oil-driven energy crises abound. Demand for oil and natural gas is integral to contemporary society, but that does not mean that both present the same challenges.
Energy transition investment follows familiar patterns in global capital markets. Large, established financial institutions supply hundreds of billions of dollars a year to finance construction of long-lived assets using familiar zero-carbon technologies — i.e., deployment.
At the end of every year, I like to look back on my work and see which themes and findings are as striking now as they were months ago. I’ve chosen ten ideas – and the ten charts to go with them...