Investments in offshore wind come in blocks
Action needed to unlock renewable investments – BNEF
Bottlenecks the result of the pace of subsidy provision, permitting problems and a lack of investment in transmission grids
Finance for the energy transition will appear if governments do more to remove barriers to investment, according to Albert Cheung, head of analysis at research firm BloombergNEF (BNEF). Cheung cites several bottlenecks as key in slowing the deployment of renewables projects. These include the pace of subsidy provision, permitting problems and a lack of investment in transmission grids. “To a large extent, it is in the purview of governments,” he tells Transition Economist. “Governments need to lower the barriers to increase the pipeline and get more [projects] in the ground, and then the funds will flow.” “Governments need to lower the barriers to increase the pipeline” Cheung, BNEF
Also in this section
12 March 2026
Role of world’s largest carbon cap-and-trade market under scrutiny as war in Iran threatens to drive EU energy costs to unsustainable levels
10 March 2026
Europe urgently needs to bring more projects to FID, as CCS investors warn they might divert capital to faster-growing regions
9 January 2026
A shift in perspective is needed on the carbon challenge, the success of which will determine the speed and extent of emissions cuts and how industries adapt to the new environment
2 January 2026
This year may be a defining one for carbon capture, utilisation and storage in the US, despite the institutional uncertainty
