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The Grid: Energy, Resources, Environment, Sustainability | Bloomberg

Energy. Power. Technology. Investment. Welcome to the 2013 BNEF Summit 

Photographer: Angel Navarrete/Bloomberg

Employees stand silhouetted alongside a turbine at an Iberdrola SA wind farm in Maranchon, near Calatayud, Spain. Spain, where wind turbines and solar panels generate more than 50 percent of power on the most breezy and sunny days, halted subsidies for new renewable-energy projects at the beginning of 2012. Close

Employees stand silhouetted alongside a turbine at an Iberdrola SA wind farm in... Read More

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Photographer: Angel Navarrete/Bloomberg

Employees stand silhouetted alongside a turbine at an Iberdrola SA wind farm in Maranchon, near Calatayud, Spain. Spain, where wind turbines and solar panels generate more than 50 percent of power on the most breezy and sunny days, halted subsidies for new renewable-energy projects at the beginning of 2012.

The global energy picture has rarely been more dynamic than it is today. The United States in just a few years has become an energy superpower, as it begins to exploit enormous shale and deep water fossil fuel reserves. The price of silicon dropped 80 percent between 2008 and 2012. More than two dozen bankruptcies of wind and solar companies is expected to spur a tripling of investment in renewables by 2030. Scientists watch warily as extreme weather events become the new normal, even as global average temperatures seem temporarily plateaued at historic highs.

The Bloomberg New Energy Finance 2013 Summit will delve into these and many more topics when it kicks off today at 1 p.m. New York time. The full program is available here.

Stay tuned in to Bloomberg Sustainability News for live-streaming video and updates from the event. Follow @BNsustain and @BloombergNEF on Twitter (search on #BNEF2013), and read updates on The Grid.

Analysis and commentary on The Grid blog are the views of the author and don't necessarily reflect the views of Bloomberg News.

Visit www.bloomberg.com/sustainability for the latest from Bloomberg News about energy, natural resources and global business.

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