Embargo lifted! I can now reveal why I’m still up celebrating The next CfD auction (R4) will have: ⚡️A 5GW cap for onshore wind and solar (£10m budget) ⚡️No capacity cap for offshore wind (£200m budget) ⚡️£55m pot for innovative tech, inclu ringfenced £24m for floating wind 1/3

Over the last 4 months, BloombergNEF & C40 Cities have been thinking a lot about how to unlock a green recovery across layers of government - from cities to international. I'm so proud to say our report is now out & open to the public: about.bnef.com/blog/city-led-…

This would be absolutely massive, if cemented in final coalition deal between Germany's SPD, Greens & FDP Germany has the largest coal fleet in Europe, at 42GW, accounting for around a third of the remaining total in the EU overall

EXCLUSIVE: The UK could become the first country to require private companies to detail net zero roadmaps, under plans being considered by the Treasury due to be published next week, ahead of #COP26. Story with Alastair Marsh 🇺🇦 bloomberg.com/news/articles/…

Leading up to COP26, we launched the NetZero Pathfinders platform with BloombergNEF to help policymakers around the world ​easily find actionable solutions and effective policy ideas to fight the climate crisis: bloombg.org/3B3WUAN

Natural gas assets could have a long life and this could be consistent with net zero, provided these assets are hydrogen-ready. But still a risk that hydrogen doesn't emerge significantly and new gas turbines and pipelines could get stranded. #bnefsummit

Blackrock CEO Larry Fink: Next 1,000 unicorns will be in climate tech cnbc.com/2021/10/25/bla… >that's a lot of unicorns h/t Tim Latimer

Today we launched the Bloomberg Goldman Sachs Global Clean Energy Index (ticker: BGSCET). The index was developed jointly with Goldman Sachs, using a proprietary approach informed by insights from BloombergNEF. Learn more below. bloom.bg/2XQi1ZJ

India's 2070 net-zero goal is a far bigger deal than it sounds, writes David Fickling, with great charts to back up the thesis. Those dismissing the goal are missing the fact that India was being called the "next China" on emissions few years ago. bloomberg.com/opinion/articl…

It's striking how renewables' cost of capital has roughly halved over the last decade. Meanwhile, oil's has doubled. 📉📈(Source: Bloomberg Green daily newsletter.)

My #1 podcast of 2021, Surprisingly Brilliant Seeker by The Verge, obviously 🚀🔥🔬🧬🌏🦕🪐 Thanks guys @marenhunsberger Greg Foot via #SpotifyWrapped open.spotify.com/show/4ClzOaiHJ…

Hot off the press! 🔥🚀 BloombergNEF’s 10th Climatescope Report. So proud of the team. This year we expanded beyond clean energy, into transport and heat. This is such a rich report and dataset for anyone looking at clean energy investment opportunities. global-climatescope.org

Me: Carbon removal is dumb. Also me: Wow, we're gunna need to remove a lot of carbon.

Want a *decade* of renewable energy capacity, generation, and clean energy investment data for 136 countries - plus 18 power, transport and heating policy metrics? In one place? 💡⚡️ Seriously cool new country comparison tool by my colleagues BloombergNEF global-climatescope.org/tools/

in other news i just discovered Nicole's work, and am obsessed 🌎🤩

Our team is doing a lot of thinking on challenges to the energy transition in 2022, from cost inflation to economic turmoil and the energy crunch. Which are real risks, and which are red herrings? Read our thoughts here: about.bnef.com/blog/hold-your…

Global investment in the energy transition totaled $755 billion in 2021 – a new record – off the back of rising climate ambition and policy action from countries around the world, according to our Energy Transition Investment Trends 2022 report. bloom.bg/3rYV5Cz

A reminder that the world has already warmed by 1.1°C. Our collective choices determine what happens next. If we choose not to act, Or fail to adapt, Then suffer we will.

BNEF released its first ever electrolyzer price survey last week. Benchmark costs for alkaline and PEM systems range between $1,200-1,800/kW in Europe and the US. But alkaline systems in China cost just around a quarter of that.