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  • World Energy Council, Bloomberg partnering for new renewable survey

    LONDON 4/27/12 (PennWell) -- The World Energy Council and Bloomberg New Energy Finance have signed a partnership agreement to collaborate on the development of a survey regarding the costs of new, renewable and conventional energy technologies.

    WEC says the study will build on its existing "Survey of Energy Resources," which was first compiled in 1934. The newest incarnation of the study, titled "World Energy Survey of Resources and Technologies," will be released in October 2013 during the 22nd World Energy Congress in Daegu, South Korea.

    The new survey will differ from previous ones by utilizing data provided by BNEF, which includes proprietary indices that track equipment prices for a number of green energies. BNEF also tracks the costs of capital associated with financing clean energy projects, and by combining the costs of equipment and capital, is able to produce a "definitive estimate of levelised costs of electricity for clean energy technologies worldwide."

    "Our two organizations' complementary skill sets will provide a deep knowledge of resources, energy finance, and insights into relevant and emerging technologies," says Michael Liebreich, WEC secretary general. 

    Liebreich also says he hopes policy makers will use the study to increase renewable investment and construction.

    WEC recently partnered with the International Hydropower Association for the 6th World Water Forum that was held in Marseille, France, in March.

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