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Windmills and Batteries to Attract Billions in the Green Energy Revolution

BloombergNEF forecasts the rise of renewable power sources.

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Photographer: Eddie Seal/Bloomberg

The renewable energy transition promises to reduce carbon emissions, but it’s happening at different speeds around the world. Read on for some key insights from BloombergNEF’s New Energy Outlook 2019, which provides a detailed road map to the future. To take a look at the full report on the Terminal, type {BNEF}.

Most regions are moving toward cleaner energy generation but not at the same pace. Europe is forecast to be almost fossil fuel-free by 2050. The U.S. lags the world.