As I noted in my article earlier today, Bloomberg New Energy Finance’s Future of Energy Summit just wrapped up in London. Michael Liebreich, BNEF’s Founder* and now Chairman of the Advisory Board, knocked the ball out of the park in his keynote presentation (whoops, wrong continent for that metaphor).
Like the US Energy Information Administration, the IEA uses various methodologies and assumptions that just consistently bias their forecasts against renewables. It’s easy to assume there are some nefarious ulterior motives underneath these consistent errors — crony capitalism and controlling hand of the pollution industry kind of stuff. That’s certainly possible, but I haven’t seen strong evidence of it and won’t jump to conclusions.
EIA continues to project conservative renewable growth. The authoritatively viewed administration just can’t seem to get it right. It continues the confusion of policy-based growth, assuming renewables growth lags once subsidies end (after 2020). The EIA just doesn’t seem to get that the market is dynamic and interactive. Its approach is too static, and … [continued]
Clean energy has overtaken fossil fuels in terms of annual electricity generation capacity additions — with more renewable energy capacity now being added globally than coal + natural gas + oil combined. And, perhaps more importantly than that simple proclamation, there’s now no going back. That’s the case made Bloomberg New Energy … [continued]
This is a matter we tend to discuss a lot in the comments section of posts (especially thanks to Bob Wallace, who often brings it up and throws in some wonderful historical examples). But I don’t recall us dedicating a full post to the matter. Well, David Roberts of … [continued]
