In 2020, global investment in the low-carbon energy transition totalled $501.3 billion, up from $458.6 billion in 2019 and just $235.4 billion in 2010. This figure includes investment in projects, such as renewable power, energy storage, EV charging infrastructure, hydrogen production and CCS projects – as well as end-user purchases of low-carbon energy devices, such as smallscale solar systems, heat pumps and zero-emission vehicles.

The largest sector in 2020 was renewable energy, which attracted $303.5 billion for new projects and small-scale systems.

Energy Transition Investment Trends “Low Carbon Energy” | Devamı>>>

This is an abridged version of BloombergNEF’s annual accounting of global investment in the low-carbon energy transition. BNEF clients can find the full version on Bloomberg Terminal or bnef.com
Previously focused on renewables, the report now includes investment figures for a wider scope of transition areas, including energy storage, electrified vehicles and heating, hydrogen, and carbon capture and storage. We also cover thematic highlights such as the rise of green finance, performance of clean energy stocks and investment by oil majors.

Energy Conversion Investment Trends Report Published | Devamı>>>

If the hydrogen economy is to advance, it must receive investment support of $70 billion by 2030. That’s according to the Hydrogen Council, which says that the cost to produce and distribute hydrogen from clean energy sources will fall by as much as 50% over the next decade.

Today most hydrogen is produced in reactions involving coal and natural gas, and is considered “grey hydrogen” that does nothing to limit CO2 emissions. The goal, though, is to produce hydrogen from low-carbon energy sources and to expand its use into the transportation and power generation sectors.

How Renewable Energy Will Make All The Cheap Hydrogen We Need | Devamı>>>