BloombergNEF analysis looks at the impact of possible election outcomes on climate-related sectors' business prospects. October 14 2024 New Lithium Battery Technology Set to Disrupt Storage Market Competition among automakers and battery manufacturers is driving innovations in batteries for lower cost ...
Mexico consumes. Despite some bumps on the road when it comes to their deployment, that number is set to double by 2027, and triple by 2029, causing oil use in the road sector – the largest demand center for oil - to peak in three years, according to BloombergNEF’s Road Fuel ...
New BloombergNEF report reveals that solar power is poised to be the cheapest form of newly built energy; catalytic investment can unlock massive benefits for millions of people Read the full reporthere. London, UK —Bloomberg Philanthropies and the International...
BloombergNEF’s annual battery price survey finds prices fell 13% from 2019 Hong Kong and London, December 16, 2020 – Lithium-ion battery pack
of about ¥320 trillion ($2.2 trillion) over the next decade if it is to stay on course to reach net-zero by 2050, according to BloombergNEF’s (BNEF’s) New Energy Outlook: Japan, a follow-up to the research provider’s New Energy Outlook 2024 released in May. The new report [...
The company rowed back significantly on its expectations for battery storage costs to fall. In late 2021, BloombergNEF had said that it expected to see battery pack prices below US$100/kWh across the industry by 2024 despite “near-term price spikes”. Since 2010, prices had fallen ...
BloombergNEF and battery energy storage system provider Pylontech published a report on the residential battery energy storage market at the end of 2023. The full report is publicly availablehere. Globally, a rapid expected scale-up in renewable energy will require power storage to balance daily flu...
By Yayoi Sekine, Head of Energy Storage, BloombergNEF Battery overproduction and overcapacity will shape market dynamics of the energy storage sector in 2024, pressuring prices and providing headwinds for stationary energy storage deployments. This report highlights the most noteworthy developments we expe...
Source: BloombergNEF, ICC Battery. Note: 2023 price from BNEF’s Lithium-ion Battery Price Survey. 2024 price from Jan-Apr from ICC Battery. EV Driving Distances are Higher Than Expected Difference in annual battery electric vehicle kilometers traveled compared to internal combustion engine vehicles...
Annual lithium-ion battery demand by application 201520162017201820192020202120222023 020040060080010001200 Source: BloombergNEF Reaching net zero by 2050 Reaching 2050 net-zero targets will require swift progress on renewable generation and on adoption of zero-emission vehicles. The report includes a “Net Ze...