Energy Storage Enters the 100-Gigawatt Era: Three Things to Know
Global energy storage added a record 112 GW in 2025, a 48% year‑over‑year jump that pushed annual deployments past the 100‑gigawatt mark for the first time. China supplied more than half of that capacity, while the United States contributed 16% and Australia saw a six‑fold increase thanks to new subsidies. BloombergNEF projects annual additions to reach 158 GW in 2026 and exceed 300 GW by 2036, driven by falling costs and expanding applications. Non‑lithium chemistries, especially sodium‑ion, are set to gain market share as long‑duration storage scales up.
AI Data Centers, Energy and Finance: Dispatch From the BNEF Summit New York 2026
At the BloombergNEF Summit in New York, AI data‑center developers, energy providers, and financiers highlighted the rapid surge in AI compute demand and its impact on electricity consumption. Speakers emphasized that capital is plentiful, shifting focus to supply‑chain constraints, critical...
Nuclear Fusion Powers Up for Commercial Breakthrough
Fusion energy is moving from laboratory research toward commercial deployment as billions of dollars flow from private investors, tech giants, oil majors and governments. Breakthroughs in high‑temperature superconductors, advanced materials and AI‑driven plasma modeling are shrinking reactor designs and cutting...
BNEF Talk: Copper’s World of Wires, Wheels and Worries
BloombergNEF’s recent talk highlighted copper as a linchpin of the energy transition, powering electric vehicles, data centers, and future grids. A new S&P Global study warns that surging demand from artificial‑intelligence hardware and heightened defense spending will outpace production, deepening...
EU Carbon Border Tariff Is Reshaping Industrial Trade Flows
The EU’s Carbon Border Adjustment Mechanism (CBAM) entered its pricing phase on Jan. 1, 2026, imposing certificates on imports of iron‑steel, aluminum, cement, fertilizers, hydrogen and electricity. Obligations are calculated from embedded emissions, market of origin and EU ETS prices, with default...
BloombergNEF Announces 12 Climate Innovators as Winners of Its 2026 Pioneers Award
BloombergNEF announced the 2026 Pioneers award winners, naming 12 startups that address data‑centre sustainability, duck‑curve flattening, and shipping decarbonisation. The program received over 600 applications from 66 markets and has, since 2010, backed 176 winners that have raised more than...
New Energy Outlook 1
BloombergNEF’s New Energy Outlook 2025 releases an updated base‑case scenario that projects oil demand peaking in 2032 at 104 million barrels per day and falling to 88 million barrels by 2050, while coal use collapses and natural‑gas consumption rises 25% to 5,449 billion...
Clean Power Is Up and Will Get a War Boost: Three Things to Know
Clean power adoption is accelerating, driven by soaring fossil fuel prices amid the Iran war. Solar‑plus‑storage projects in Saudi Arabia can supply power at $45 /MWh for 65% of the year and meet almost all demand at $70 /MWh, supporting the kingdom’s...
No, Iran War Won’t Boost Clean Hydrogen – Except in China
The Iran war is unlikely to ignite a lasting green‑hydrogen boom in Europe, as past energy shocks have shown that investment hinges on sustained high gas prices—a condition that rarely persists. BloombergNEF notes that the EU is on track to...
The Petrochemicals Shock That Is Already Rippling Through Plastics
The war in Iran is throttling global oil supplies, which also serve as the primary feedstock for petrochemicals. This disruption has sent polyethylene prices soaring, with some Asian producers announcing force majeure and cutting output. Analysts warn that a significant...