Bloomberg Natural gas is the king of the US power market — but that may not last. By 2040, renewable energy resources such as wind and solar power will supply just as much of America’s electricity demand as gas, based on a Bloomberg New Energy Finance outlook. And globally, the cost of renewable power is falling so rapidly that gas ...

Bloomberg G’day indeed! By 2040, rooftop solar panels will supply about one-quarter of Australia’s electricity as declining costs and ample sunlight make photovoltaics the continent’s cheapest source of energy. In Brazil, as much as 20 percent of the nation’s power will come from panels on residential rooftops, and Germany will get 15 percent from these small systems in 2040, according ...

Bloomberg UK gas prices for immediate delivery posted the the biggest weekly decline in five years as works on a pipeline to mainland Europe damp demand for the fuel. Prices fell as much as 40 percent from last week’s levels as maintenance on the Interconnector link with Belgium restricted exports, undermining demand already hurt by the prolonged shutdown of Britain’s ...