John Hennessy III,
P.E.
BLOOMBERG NEW ENERGY FINANCE
Cheaper coal and cheaper gas will not derail the transformation and decarbonisation of the world’s power systems. By 2040, zero-emission energy sources will make up 60% of installed capacity. Wind and solar will account for 64% of the 8.6TW of new power generating capacity added worldwide over the next 25 years, and for almost 60% of the $11.4 trillion invested.
BLOOMBERG NEW ENERGY FINANCE
In 2015, the US could set new national records: for annual renewable build; for coal retirements; and for gas burn from the power sector. Meanwhile, electricity-related emissions could fall to their lowest levels since 1994. This Research Note examines our short-term forecasts for US power.
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