BNEF

New UN-backed report confirms energy transition is 'in full swing' as renewables costs plummet, but sector is still not on track to meet global climate goals

Sales of all cars set for bumpy road in 2020, but as costs fall electric vehicles sales expected to continue growing after Covid-19

The cost of electricity from solar, onshore wind and battery storage continues downward drive, BNEF analysis shows

BloombergNEF downgrades its 2020 growth forecasts for global wind power capacity as pandemic disrupts supply chains

But roughly $150bn of subsidies, carbon pricing and more supportive policies may be needed for green hydrogen to reach full decarbonisation potential, finds analyst

BNEF downgrades growth forecasts for global solar and battery sectors this year, as markets suffer fallout from escalating pandemic

Britain added more onshore and offshore wind capacity than any other country in Europe last year at 2.8GW, latest industry figures show

But BloombergNEF analysis highlights gaping holes where supportive policies are needed to spur widespread decarbonisation towards net zero

Surge of investment in offshore wind projects worldwide sees clean energy project financing rise in 2018, but UK investment plummets 40 per cent

Analysts predict battery market will be worth $116bn a year by 2030