Battery electric and plug-in hybrids tipped for record year, as global sales set to grow 25 per cent this year - but US climate policy rollback puts brakes on longer-term forecasts
For now businesses may adopt a 'wait and see' approach, but soon a major re-think of sales and supply chain strategies may be needed, writes BloombergNEF's Antoine Vagneur-Jones
BloombergNEF analysis estimates US battery storage costs could jump 58 per cent under new tariffs, causing delays to much-needed new projects
BloombergNEF predicts the EU's secondary emissions trading system - known as ETS2 - could see the price of CO2 surge to almost €150 a tonne by the end of the decade
But influential analyst warns major 'investment gap' remains if world is to deliver on goals of Paris Agreement
Global average battery pack prices estimated to see 20 per cent drop this year driven by factors affecting raw material costs, manufacturing capacity, and EV sales
Report warns UK is trailing Germany, Spain, and Italy in grid investment and 'needs to play catch-up' if clean energy superpower ambition is to be realised
Operating a clean power system by 2030 could serve to drive down electricity costs in the UK in the short term, but over the longer-term the picture is a little more complicated, BloombergNEF analysis suggests
Report reveals gap between current biodiversity finance and future needs has widened as increased investment has failed to keep pace with inflation
Despite an eagerness to compete the EU remains 'less attractive' for clean tech investment and development compared to US, according to new BloombergNEF report