India moves into top spot for clean energy investment among emerging markets, BNEF says

Energize Weekly, January 29, 2020 India is moving to the top as an emerging-market destination for clean energy investment, followed by Chile and Brazil, while China, long the biggest market, slips to fourth, according to an analysis by Bloomberg New Energy Finance (BNEF). Bloomberg’s Climatescope evaluated countries based on market and policy fundamentals, experience with green investment and opportunities. India

Oil companies need to investment more in the global energy transition, IEA says

Energize Weekly, January 29, 2020 The oil and gas industry needs to be major player in the global transition to cleaner energy, in part to maintain its social license to operate, but barely 1 percent of its capital investment is going to alternative technologies, according to the International Energy Agency (IEA). “The transformation of the energy sector can happen without

Investments in U.S. offshore wind could outstrip offshore oil by mid-2020s, Rystad says

Energize Weekly, January 29, 2020 Annual investment in U.S. offshore wind – based on projects in the pipeline – could reach $15 billion by the mid-2020s, surpassing offshore oil and gas capital expenditures, according to Rystad Energy. Rystad Energy, an Oslo-based energy consultant, called the trend “a truly remarkable development.” There are 6.4 gigawatts (GW) of offshore wind projects that