Green Power to Draw $11 Trillion Investment by 2050: BNEF
By William Mathis and Jeremy Hodges (Bloomberg) — Green power is set to draw around $11 trillion of investment in the coming decades as the cost of renewables plummets and...
By William Mathis and Jeremy Hodges (Bloomberg) — Green power is set to draw around $11 trillion of investment in the coming decades as the cost of renewables plummets and...
By Will Wade (Bloomberg) — New York’s East River is set to become the testing ground for a technology that generates electricity from the tides. Verdant Power, a New York-based...
By Jeremy Hodges (Bloomberg) –Wind and solar power are the cheapest form of new electricity in most of the world today. That’s the analysis of BloombergNEF, which predicts a tipping...
By John Kemp LONDON, Sept 29 (Reuters) – Policymakers in many countries have outlined plans for an ambitious transition from a system dominated by oil, gas and coal in the...
The U.S House of Representatives has passed the “Clean Economy Jobs and Innovation Act” seeking to reform U.S. energy policy and authorize major investments in research and development in transition...
By Jonathan Saul LONDON, Sept 21 (Reuters) – Scorpio Bulkers, a major ocean transporter for the dry commodities industry, is tapping into increasing demand for renewable energy with an investment...
By Mikael Holter (Bloomberg) — Norwegian billionaire Kjell Inge Rokke, who built most of his fortune on oil and gas, says the time has come to start investing more heavily...
By Mikael Holter and Lars Erik Taraldsen (Bloomberg) –Billionaire Kjell Inge Rokke is transforming the structure of his business empire as he seeks to revive struggling oil-service firms and seize...
By Laura Hurst and Amanda Jordan (Bloomberg) –BP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a decade ago, as the...
The Norwegian government has announced the opening of more than 860,000 acres of the Norwegian Continental Shelf to offshore wind development. The areas, known as “Utsira Nord” and “Sørlige Nordsjø...
By William Mathis (Bloomberg) –Scotland, home to a quarter of Europe’s offshore wind resources, is seeking proposals to install turbines off the coast in a process that may draw more...
By Brian Eckhouse and David Wethe (Bloomberg) –Jeff Bishop’s LinkedIn post gets right to the point: “Houston Oil & Gas Folks — we’re hiring in Texas” for jobs in clean...
By Jeremy Hodges and Anna Shiryaevskaya (Bloomberg) — European utilities with bulging renewable energy portfolios are showing that the way out of the coronavirus slump is colored green. Energy companies from...
By Nichola Groom Feb 11 (Reuters) – Vineyard Wind, the developer of the first major U.S. offshore wind farm, said on Tuesday it will miss its target to start sending power to...
By William Mathis (Bloomberg) –The world is getting windier at the same time that developers are installing more turbines to generate electricity from breezes. Average wind speeds rose about 7%...
By Susanna Twidale LONDON, June 27 (Reuters) – Britain’s new target to reach net zero greenhouse gas emissions by 2050 became law on Thursday, making it the first among the...
By Jeremy Hodges (Bloomberg) –The U.K. will generate more energy from low-carbon sources than from fossil fuels this year for the first time since the Industrial Revolution. Wind, solar, hydro...
By Dave Gregorio NEW YORK, June 20 (Reuters) – Investors, developers and users of renewable energy at an industry conference in New York this week were buzzing about the state’s...
By John Browne (Bloomberg Opinion) — When it comes to climate change, I have always been a believer: not in hand-wringing debate, not in unrealistic solutions like the elimination of hydrocarbons, but...
Shareholders of Norwegian energy giant Statoil have approved a proposal to change the company’s name from Statoil ASA to Equinor ASA reflective of the company’s (and Norway’s) growing focus on...
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