BNEF Archives http://www.powermag.com/tag/bnef/ The power industry's trusted source for generation technology, O&M, and legal & regulatory news for coal, gas, nuclear, hydro, wind & solar power plants; power jobs Wed, 19 Nov 2025 15:43:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.powermag.com/wp-content/uploads/2020/11/cropped-p-power-32x32.jpg BNEF Archives http://www.powermag.com/tag/bnef/ 32 32 Research Group: U.S. Exits Coal by 2040 as Solar, Nuclear, Natural Gas Surge https://www.powermag.com/research-group-u-s-exits-coal-by-2040-as-solar-nuclear-natural-gas-surge/ https://www.powermag.com/research-group-u-s-exits-coal-by-2040-as-solar-nuclear-natural-gas-surge/#respond Tue, 18 Nov 2025 17:45:34 +0000 https://www.powermag.com/?p=245197 An energy research group said U.S. power generation capacity will be led by solar power in the short term, natural gas in the mid term, and nuclear power in the long term as coal-fired units continue to be retired.

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Chinese Companies Continue to Dominate Global Wind Turbine Market https://www.powermag.com/chinese-companies-continue-to-dominate-global-wind-turbine-market/ https://www.powermag.com/chinese-companies-continue-to-dominate-global-wind-turbine-market/#respond Mon, 01 Apr 2024 15:02:37 +0000 https://www.powermag.com/?p=217593 Chinese wind turbine makers continue to pace the global market, taking four of the top five spots in a ranking of the world’s top manufacturers of both onshore and offshore wind power equipment. Research from BloombergNEF (BNEF) published March 27 showed global wind power generation capacity additions hit a record 118 GW in 2023. BNEF’s […]

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Wind Europe offshore wind

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Group Forecasts Massive Increase in Energy Storage by 2030 https://www.powermag.com/group-forecasts-massive-increase-in-energy-storage-by-2030/ https://www.powermag.com/group-forecasts-massive-increase-in-energy-storage-by-2030/#respond Mon, 15 Nov 2021 13:08:31 +0000 https://www.powermag.com/?p=170405 Global installations of energy storage systems will experience rapid growth this decade, resulting by the end of 2030 in gigawatt capacity more than 20 times larger than the amount online at the end of 2020. That’s according to a forecast from research company BloombergNEF (BNEF), which in a report released Nov. 15 said the huge […]

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Corporate Clean Energy Purchases Hit Record https://www.powermag.com/corporate-clean-energy-purchases-hit-record/ https://www.powermag.com/corporate-clean-energy-purchases-hit-record/#respond Tue, 26 Jan 2021 15:36:18 +0000 https://www.powermag.com/?p=160232 The coronavirus pandemic and resulting global economic slowdown curtailed some energy projects in 2020, but corporations worldwide still bought a record 23.7 GW of clean power through long-term purchase agreements. That’s according to research published Jan. 26 by BloombergNEF (BNEF). The group in its “1H 2021 Corporate Energy Market Outlook” said more than 130 companies, […]

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Is LCOE the Best Metric for Choosing New Power Resources? https://www.powermag.com/is-lcoe-the-best-metric-for-choosing-new-power-resources/ https://www.powermag.com/is-lcoe-the-best-metric-for-choosing-new-power-resources/#respond Tue, 01 Sep 2020 04:50:42 +0000 https://www.powermag.com/?p=155367 Costs for wind and solar power systems have been declining for years thanks to technology improvements, economies of scale, and fierce competition in auctions. In the second half of 2019, the levelized cost of

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Power Loads Changing as Coronavirus Impacts Energy Sector https://www.powermag.com/blog/power-loads-changing-as-coronavirus-impacts-energy-sector/ https://www.powermag.com/blog/power-loads-changing-as-coronavirus-impacts-energy-sector/#respond Mon, 23 Mar 2020 18:36:43 +0000 https://www.powermag.com/?post_type=blog&p=150112 Power industry analysts who’ve spoken with POWER agree there will be an impact to power load due to the COVID-19 pandemic, with the loss of much of the U.S. commercial and industrial demand for power, and certainly an uptick in the amount of demand from the residential sector as more people work from home, away […]

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coronavirus-covid-19

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Report: Investment in Renewables Hit Record High in 2019 https://www.powermag.com/report-investment-in-renewables-hit-record-high-in-2019/ https://www.powermag.com/report-investment-in-renewables-hit-record-high-in-2019/#respond Thu, 16 Jan 2020 19:33:18 +0000 https://www.powermag.com/?p=148261 Financial support for installations of offshore wind projects helped investment in renewable energy capacity hit a record high in 2019, according to data from research company BloombergNEF (BNEF) released Jan. 16. The group said worldwide investment in renewables was $282.2 billion last year, up 1% from $280.2 billion in 2018. Financing of offshore wind projects, […]

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Investments in Energy Storage Grow as Battery Costs Fall https://www.powermag.com/investments-in-energy-storage-grow-as-battery-costs-fall/ https://www.powermag.com/investments-in-energy-storage-grow-as-battery-costs-fall/#respond Wed, 31 Jul 2019 20:35:17 +0000 https://www.powermag.com/?p=142910 A new report released July 31 details continued growth in global energy storage, driven by lower costs for lithium-ion batteries. Research company BloombergNEF (BNEF) in its latest forecast published Wednesday said energy storage installations worldwide will grow across the next two decades, from the 9 GW/17 GWh of capacity deployed as of last year, to […]

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hybrid ultracapacitor-battery energy storage system

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POWER Notebook: Investment in Renewables Down in 1H2019 https://www.powermag.com/power-notebook-investment-in-renewables-down-in-1h2019/ https://www.powermag.com/power-notebook-investment-in-renewables-down-in-1h2019/#respond Wed, 10 Jul 2019 16:47:21 +0000 https://www.powermag.com/?p=142040 Investments in renewable energy projects slowed in the first half of 2019, primarily due to a 39% year-over-year drop in China, the world’s largest renewables market, according to data published July 10 by BloombergNEF (BNEF). BNEF said investments in China dropped to $28.8 billion, the lowest figure for any six-month period since 2013. China is […]

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2019 NEW ENERGY PIONEERS UNVEILED AT BNEF SUMMIT IN NEW YORK CITY https://www.powermag.com/press-releases/2019-new-energy-pioneers-unveiled-at-bnef-summit-in-new-york-city/ https://www.powermag.com/press-releases/2019-new-energy-pioneers-unveiled-at-bnef-summit-in-new-york-city/#respond Tue, 26 Mar 2019 00:44:10 +0000 https://www.powermag.com/?post_type=press-releases&p=137078 Game-changing companies from around the world recognized for their leadership in transformative technologies New York, March 25, 2019 – Ten innovative companies that are revolutionizing the energy, transport, and industrial sectors have been named as the 2019 New Energy Pioneers by BloombergNEF (BNEF). The winners are pursuing new opportunities in areas as diverse as EV […]

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