The World Energy Council (WEC) and Bloomberg New Energy Finance (BNEF) have recently signed a partnership agreement to develop of a survey on the costs of new, renewable and conventional energy technologies. The study builds on the WEC’s existing Survey of Energy Resources.

The World Energy Survey of Resources and Technologies report will combine both companies’ data on equipment prices for solar PV, wind turbines, batteries, and other technologies, while also looking at the costs of capital associated with financing green energy projects through an extensive global network of financial and energy sector clients.

Christoph Frei, Secretary General of the World Energy Council, said: “Robust policy measures are essential to answer the world’s changing energy needs. With fast changing and ever more globalised energy markets, we recognise that effective decision-making requires not only a detailed understanding of resources but also how energy technologies are used to provide energy.

“Sustainable energy can only be achieved through the combination of robust policy frameworks and a strong, competitive energy industry. Both require a strong evidence base.

“Our forthcoming World Energy Survey of Resources and Technologies will be stronger than ever as we draw on the partnership with Bloomberg New Energy Finance.  Our two organisations’ complementary skill sets will provide a deep knowledge of resources, energy finance, and insights into relevant and emerging technologies.”

Michael Liebreich, Chief Executive of Bloomberg New Energy Finance, continued: “It is absolutely vital that policymakers, investors and energy industry executives have access to robust, up-to-the-minute data on the price landscape. Between Bloomberg New Energy Finance and the World Energy Council we have unparalleled access to data right across the energy spectrum, new and conventional. I believe this is going to be a very important collaboration; it will give decision-makers the information they need to optimise the world’s energy systems for the coming decades.”

The World Energy Survey of Resources and Technologies report is due to be published in October 2013 during the 22nd World Energy Congress in Daegu, South Korea.