The energy transition is underway: 10 charts tell the story

The renewable energy transition promises to reduce carbon emissions, but it’s happening at different speeds around the world. Read on for some key insights from BloombergNEF’s New Energy Outlook 2019, which provides a detailed road map to the future.

The New Energy Landscape

A screenshot of a cell phone Description automatically generated

Most regions are moving toward cleaner energy generation but not at the same pace. Europe is forecast to be almost fossil fuel-free by 2050. The U.S. lags the world.

A close up of text on a white background Description automatically generated

Share of energy generated from renewables, including hydro

Coal-fired electricity will peak in China in 2027 and in India in 2038.

A close up of a piece of paper Description automatically generated

Electricity generated from coal

Peaker plants, which are more responsive to changing needs, will push growth.

A screenshot of a cell phone Description automatically generated

Cumulative installed capacity

Over the next 30 years, the world will invest about $2 trillion in new electrical capacity from fossil fuels and more than $11 trillion in zero-carbon technologies.

A screenshot of a cell phone Description automatically generated

Forecast investment in new capacity through 2050

The region will get $5.8 trillion in new capacity investments through 2050, roughly three-quarters of which will go to China and India.

A screenshot of a cell phone Description automatically generated

Forecast investment in new capacity in selected nations through 2050

State programs and lower costs will encourage investment in utility-scale.

A screenshot of a cell phone Description automatically generated

Forecast investment in new capacity through 2050

Clean (and dirty) energy prices vary globally. Coal is costly in the U.K.

A screenshot of a cell phone Description automatically generated

Levelized cost of electricity, 1H 2019

Green bonds have driven sustainable debt issuance since 2012. Last year, financial, corporate, and mortgage-backed issuers accounted for two-thirds of sales.

A screenshot of a cell phone Description automatically generated

Sustainable debt financing issued

The relative costs of solar and wind will fall well below those of coal and gas.

A close up of text on a white background Description automatically generated

Cost of electricity generation

The number of U.S. solar jobs has climbed 159% since 2010, but women are disproportionately left out of the clean energy workforce—and underpaid within it.

A screenshot of a cell phone Description automatically generated

Solar labor


POWERGEN is the event that showcases the energy transition. Join us in New Orleans this November 19-21 to learn about all the latest technologies and market trends affecting the energy industry today.

Leave a Reply

Your email address will not be published. Required fields are marked *