As the energy world becomes more integrated, more dynamic and more complex, the need to try and better understand the outlook for the industry only grows. One publication that helps us to do this is the Bloomberg New Energy Outlook Report, an annual long-term economic forecast of the world’s power sector.
On a new episode of Columbia Energy Exchange, host Jason Bordoff sits down with Amy Grace, Head of North American Research at Bloomberg New Energy Finance. Amy leads the team responsible for producing the New Energy Outlook and communicating analysis on economics, policy, and the strategic dynamics of the North American power sector.
Amy and Jason caught up in New York to discuss the 2018 outlook Report. Amy explains what differentiates Bloomberg’s Report from other energy publications, BNEF's global outlook for renewables, fossil fuels, and the energy transition as a whole. She also explains why, according to BNEF, solar and wind have already won the race for cheap bulk electricity generation. Jason and Amy also discuss the role of policy for renewables and the likely impact of President Trump’s solar tariffs.
Other topics discussed on this episode include the challenges and the opportunities for electric vehicles and how the transition in the transportation sector will impact oil demand, the electricity sector, and global emissions. Finally, Amy highlights a few key energy technologies we should pay attention to moving forward.