Study: Renewables make record contribution to global grids

clock • 4 min read
Study: Renewables make record contribution to global grids

Bloomberg's latest Power Transition Trends highlights latest milestone for global renewables industry, but warns fossil fuel emissions are continuing to rise

Wind and solar projects combined to meet more than a tenth of global electricity demand for the first time in 2022, according to the latest Power Transition Trends report from BloombergNEF (BNEF). The...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Amber Rolt

View profile
More from Amber Rolt

How National Grid is rewiring its workforce to power the grid's £30bn transformation

'The next generation of batteries': Syensqo and Axens join forces for solid-state battery drive

More on Energy

SSEN Distribution confirms plan for new long-term flexibility auction
Energy

SSEN Distribution confirms plan for new long-term flexibility auction

Auction to open next Monday, as grid operator seeks a further 46MW of flexible capacity

James Murray
James Murray
clock 06 January 2026 • 3 min read
Study: US renewables capacity tipped to more than double to over 1TW by 2035
Energy

Study: US renewables capacity tipped to more than double to over 1TW by 2035

New report predicts US renewables sector will continue to expand, despite opposition from Trump White House

BusinessGreen staff
BusinessGreen staff
clock 31 December 2025 • 4 min read
Octopus Energy to spin-out software arm Kraken at $8.65bn valuation
Energy

Octopus Energy to spin-out software arm Kraken at $8.65bn valuation

Energy giant announces plan to sell $1bn-worth of equity in Kraken, as part of major funding round involving new and existing investors

BusinessGreen staff
BusinessGreen staff
clock 30 December 2025 • 3 min read