Highlights from Michael Liebreich’s talk on clean energy trends

beasustainable

Tonight I attended an interesting talk on the changing energy landscape with Michael Liebreich, founder of Bloomberg New Energy Finance (BNEF), a company that provides information and analysis on the energy system for the financial sector, industry and policy makers. I’ve teased out some of the highlights and thoughts I got following his talk.

Some clean tech trends

Competitive pricing within sight

In several parts of the world, electricity from wind is now competitive with fossil fuel generated power, without subsidies. Solar is not yet competitive, but it’s getting there. Electric vehicles are expected to become competitive on a total cost of ownership basis by 2020 (although this still leaves us with the problem that most people fail to buy on a total cost of ownership basis, but that is a topic for another post).

Investment down, but expected to rise again

If we consider investment in clean energy…

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