BloombergNEF reposted this
I was recently a guest on the Switched On podcast to talk about what long-term energy system modelling can/can’t teach us about the world. Thanks to Dana Marie Perkins and Tom Rowlands-Rees for making me feel welcome and your interesting curveballs! BloombergNEF https://lnkd.in/dybrxnEJ
With additional supply and record-low emissions, EU emission allowance prices have been subdued. But what will next year bring? 🤔 💡 Check out BloombergNEF's analysis for insights into the 2024 outlook: https://bloom.bg/4eFwSs2 #Decarbonization #ETSTrading #EnergyTransition
That's a wrap on #BNEFSummit London ✅ Big thanks to our speakers, attendees and sponsors 🤝 ⬇️ ⬇️ ⬇️ Partner Plus: ➜ Google ➜ Windey Energy Partners: ➜ Standard Chartered Corporate & Investment Banking ➜ SOFAR ➜ Tongwei Solar ➜ Trinasolar ➜ JA Solar Sponsors: ➜ Astronergy Solar ➜ HUASUN HJT
Day 1 of #BNEFsummit London is in the books, here are key takeaways: 🔹 Time is running out to stay on track to reach net-zero targets by 2050. We’re nearly halfway through a decisive decade, but massive amounts of money are still needed, said BloombergNEF Chief Executive Officer Jon Moore. ⏰ 🔹 Multiple executives called for more spending on the electric grid to bring clean energy to consumers. ScottishPower CEO Keith Anderson said the UK should invest 3-4 times as much on the grid as it spends on renewable power production. 💰 🔹 After a period of high-interest rates, supply chain bottlenecks and inflation, it may be time for a reset on financing. “It’s a good time to be somebody with a lot of dry powder,” said Macquarie Group’s Mark Dooley. 📈 🔹 Brookfield Asset Management sees an opportunity to ink billion-dollar deals in the renewable-power industry after valuations dropped in recent years. ♻ 🔹 The key to avoiding bad investments in the transition away from fossil fuels is to focus on demand, not just supply, according to KKR ✔ Don't miss Day 2 of the #BNEF Summit London! We'll be sharing more key takeaways and discussing the latest trends in energy, finance & technology.
Rising costs are slowing progress on companies’ circular plastic ambitions. Many firms face challenges in sourcing recycled materials and accessing the necessary infrastructure to meet their sustainability targets. Despite these hurdles, some leaders like Coca-Cola, L’Oréal and LyondellBasell continue pushing forward with ambitious circular economy goals. 📈 🔎 Read more: https://bloom.bg/4dy6m2f #CircularEconomy #Sustainability
Despite the growth in metals supply over the last decade, BNEF's Transition Metals Outlook finds that there are still not enough raw materials to meet growing demand. This supply squeeze could slow the adoption of clean energy technologies. BNEF estimates $2.1 trillion is needed in new mining investments by 2050 to meet the demands of a net-zero emissions world.💡 👉 Download the executive summary: https://bloom.bg/4dApqx9 #EnergyTransition #NetZero #CleanEnergy
Clean power, electrified transport, and decarbonized industry are three key pillars in the transition to a low-carbon economy. BNEF's annual Energy Transition Factbook, produced in collaboration with the Clean Energy Ministerial and Bloomberg Philanthropies, delves into the major trends and identifies critical solutions in each of these sectors. 👉 Read the full factbook here: https://bloom.bg/3Na7TB6 #NetZero #EnergyTransition #CleanEnergy
Last week at BNEF’s 2024 New York Climate Week event, we heard from industry leaders, policymakers, and innovators on how to mobilize capital and accelerate the transition to net-zero. BNEF experts shared insights on scaling renewables, zero-emission commercial vehicles, and our New Energy Outlook: US. 🌍💡 Explore the research presented and more here: https://bloom.bg/4eHCmCN #NetZero #ClimateAction #CleanEnergy
