BNEF

Wind power capacity in the U.S., whose explosive growth has tripled since 2008—even overtaking hydropower to become the nation’s largest source of renewable electricity—could face a period of stagnation once the production tax credit (PTC) is phased out in 2021. Analysts at WINDPOWER 2018 in Chicago last week called the period between 2021 and 2026 […]

A report from Bloomberg New Energy Finance (BNEF) says the financial struggles of U.S. nuclear power plants continue to increase, and it is likely more plants will be faced with early retirement. It’s another acknowledgement of the tough operating environment for nuclear facilities as gas-fired and renewable energy sources continue to grab more power generation […]

A report from groups including the United Nations environmental arm and Bloomberg New Energy Finance (BNEF) shows renewable energy installations were responsible for 61% of the world’s net power capacity additions in 2017, more than double the new-builds from fossil fuel-powered generation. The Global Trends in Renewable Energy Investment 2018 report, compiled by BNEF, the […]

Though some countries, including the U.S., have moved to support coal-fired power generation over the past year, investments in renewable energy continued to rise, according to a new report from Bloomberg New Energy Finance (BNEF). The research group on January 16 said global investment in clean energy such as wind and solar reached about $333.5 […]

Continually falling costs and tightening emissions regulations are set to drive huge growth in global renewable energy capacity despite flagging support for subsidies in Europe and the U.S., says a new report from Bloomberg New Energy Finance (BNEF). The BNEF report projects global spending on new power generation will be around $7.7 trillion through 2030, […]