BloombergNEF: $21.4tr needed to deliver net zero global power systems

BusinessGreen staff
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Major investment and policy intervention required to prepare grids worldwide for widespread electrification, analyst firm warns

At least $21.4tr needs to be invested in electricity grids around the world by 2050 in order to pave the way for the huge expansion in renewable energy technologies required to put the planet on a path...

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

More on Energy

Contracts for Difference: Government announces plans for longer clean power contracts

Contracts for Difference: Government announces plans for longer clean power contracts

DESNZ unveils reforms to upcoming clean power contract auction round to boost investor confidence and curb consumer costs

James Murray
clock 15 July 2025 • 5 min read
'We need to go further and faster': NESO makes the case for accelerated clean power push

'We need to go further and faster': NESO makes the case for accelerated clean power push

Annual Future Energy Scenarios report argues that rapid roll out of clean power system through to 2030 is key to unlocking next phase of the net zero transition

James Murray
clock 14 July 2025 • 9 min read
Abundant power, affordable bills: Britain's energy opportunity

Abundant power, affordable bills: Britain's energy opportunity

The UK needs an energy market that responds to the availability of the wind and sun, rather than being shaped by the fossil fuel market, argues Andy Hackett from the Centre for Net Zero

Andy Hackett, Centre for Net Zero
clock 14 July 2025 • 4 min read