Article – BNEF BloombergNEF has made 10 predictions in energy, transport and sustainability for the year ahead 1. Half a trillion dollars of investment again, but stock market bumps Angus McCrone Today, BNEF has introduced a new, broader measure of decarbonization …
BloombergNEF has made 10 predictions in energy, transport and sustainability for the year ahead
1. Half a trillion dollars of investment again, but stock market bumps
– Angus McCrone
Today, BNEF has introduced a new, broader measure of decarbonization activity – what we have dubbed “energy transition investment”. See our press release
here. Incorporating investment in renewable energy capacity, plus spending on electric vehicles and charging infrastructure, and on electrical heat, batteries, carbon capture and storage, and green hydrogen, it totaled $501.3 billion in 2020, a rise of 9% on the previous year.
1. Half
a trillion dollars of investment again, but stock market
bumps
– Angus McCrone
Today, BNEF
has introduced a new, broader measure of decarbonization
activity – what we have dubbed “energy transition
investment”. See our press release
here.
Incorporating investment in renewable energy capacity, plus
spending on electric vehicles and charging infrastructure,
and on electrical heat, batteries, carbon capture and
storage, and green hydrogen, it totaled $501.3 billion in
2020, a rise of 9% on the previous year.
We expect
this new level to be maintained in 2021. Electric vehicle
sales are expected to jump (see prediction 5 below), and
solar installations look set to have yet another record
Published: 28 Jan 2021, 12:06
By:
Edith Hancock
Mika Lintilä, Finland s Minister of Economic Affairs, opened a webinar on the country s new battery manufacturing strategy on 28 January. Image: Valtioneuvosto/Wikimedia Commons
Finland has launched a new battery development strategy and is touting for investors to build up its manufacturing industry.
The National Battery Strategy 2025 was unveiled on Tuesday 26 January, and outlines seven objectives to develop the country’s battery sector, which includes targeting growth and renewal of Finland’s existing battery and electrification cluster, further investment, promoting industry competition, raising awareness of the strategy globally, responsible raw material sourcing, defining key roles in the sector’s value chain, and exploring circular economic solutions and advancing digital innovation in the space.
Last modified on Fri 22 Jan 2021 09.19 EST
Electric vehicles are close to the âtipping pointâ of rapid mass adoption thanks to the plummeting cost of batteries, experts say.
Global sales rose 43% in 2020, but even faster growth is anticipated when continuing falls in battery prices bring the price of electric cars dipping below that of equivalent petrol and diesel models, even without subsidies. The latest analyses forecast that to happen some time between 2023 and 2025.
The tipping point has already been passed in Norway, where tax breaks mean electric cars are cheaper. The market share of battery-powered cars soared to 54% in 2020 in the Nordic country, compared with less than 5% in most European nations.
Electric vehicles close to tipping point of mass adoption msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.