BNEF: The Next Half-Trillion-Dollar Market – Electrification of Heat
In January this year, BloombergNEF announced that investment in the clean energy transition had broken through the $1 trillion mark in 2022, for the first time matching the total investment in fossil fuels. Just under 90% of the funds went to just two sectors: renewable energy and electric vehicles, which each attracted nearly half a trillion dollars. This was good news for the climate, but does beg the question, which will be the next clean energy sector to attract half a trillion dollars per year?
Terms of use: photos and other media may be used exclusively for the purpose of publicising an upcoming or past event involving Michael Liebreich, or to illustrate an article written by him. Their use must be accompanied by a clear indication of copyright in the following form:
© Liebreich Associates/name of photographer. Photos or other media downloaded in this way remain the property of Liebreich Associates Ltd. Any infringement of these terms of use may result in legal action by Liebreich Associates Ltd or by the respective photographer or rights holder.