Power Transition Trends

BNEF tracks investment in the global energy transition, covering everything from renewables and nuclear to electrified transport and heat, hydrogen, carbon capture and sustainable materials. Explore the latest trends in our 2022 edition.

There were some interesting trends in the Bloomberg report. For one, coal power generation was up 8.5%, which pushed global power emissions up by 7%. This was due to global droughts limiting hydro resources and decreased natural gas use.

But solar reached 1,000 TWh of generation for the first time, and wind neared 2,000 TWh. 3/4 of all new power additions were wind and solar, with about half of that being solar, up 25% over the previous year.

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