BloombergNEF (BNEF)
CPUC
California's grid is expected to meet peak demand this summer, with officials pointing to the massive growth in solar and storage resources as key.
PG&E
As some data center operators plan to power their facilities with onsite generation, one researcher a California Energy Commission workshop suggested it might be better to get electricity from the grid instead.
BloombergNEF
While it was the first time BNEF calculated global energy transition investments at greater than $2 trillion in its annual report, the 11% year-over-year growth was less than in the preceding three years.
CS WIND Offshore
President-elect Trump said he would halt offshore wind power development, but how big of an impact he will have on the industry remains to be seen.
Inside EVs
Sales of electric vehicles in the U.S. are showing some signs of recovery, while the market for hydrogen fuel cell vehicles has practically collapsed.
BloombergNEF
About 20% of all vehicles sold worldwide this year will have a plug ― either battery electric or plug-in hybrid ― with sales predicted to rise to one-third by 2027.
© RTO Insider LLC
A series of presentations and panels at the BloombergNEF Summit provided a measure of the industry’s success in crafting a narrative based on a “balanced” and well-paced transition that includes cutting egregious emissions and scaling carbon capture and storage technologies.
BloombergNEF
Global investment in passenger electric vehicles was up 36% in 2023, investment in energy storage jumped 77%, and investment in carbon capture and storage nearly doubled.
BloombergNEF
The momentum created by billions of dollars in federal incentives and tax credits has been tempered by supply chain constraints and the impacts of inflation and higher interest rates.
© RTO Insider LLC
BloombergNEF offshore wind analyst Chelsea Jean-Michel said there's reason for optimism for the industry in the United States, once it overcomes its growing pains.
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