Switched On

China is steering its data center boom toward where power is plentiful and cheaper. National computing hubs are concentrating large projects in areas where land, electricity and fiber can be planned together. As capacity more than doubles through 2030, power-intensive computing is increasingly shifting toward North and Northwest China, where electricity is cheaper and renewable supply is abundant. That differs from the more market-led development seen in places such as the US. Established Chinese markets including Shanghai and Beijing remain important for workloads that need to stay close to users. So how is access to power reshaping where China builds its next generation of data centers? On today’s show, Kamala Schelling is joined by BloombergNEF’s head of Asia research, Fauziah Marzuki, to discuss the note “China Data Center Market Prospects.”
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com
Links to research notes from this episode:
China Data Center Market Prospects - https://www.bnef.com/insights/40341
See omnystudio.com/listener for privacy information.

Brazilian President Luiz Inácio Lula da Silva will enter his fourth term with an energy system transformed by electrification. The country’s rapid wind and solar growth has created a curtailment crisis, weighing on investment and increasing the need for greater grid flexibility and power-market reform. Meanwhile, surging EV sales are boosting local auto manufacturing while threatening future demand for Brazil’s huge biofuels industry. Policy continuity may not be enough to manage these pressures, particularly as the country’s clean-energy transition enters a more complicated phase. So, can Lula develop a new playbook for Brazil’s next wave of electrification? On today’s show, Kamala Schelling is joined by a senior associate from BloombergNEF’s Latin America team, Vinicius Nunes, to review findings from the analyst reaction “Brazil’s Clean-Energy Surge to Test Lula’s Next Term.”
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com
Links to research notes from this episode:
Brazil’s Clean-Energy Surge to Test Lula’s Next Term - https://www.bnef.com/analyst-reactions/tnj4zpt96osh00
See omnystudio.com/listener for privacy information.

Europe’s energy shocks have exposed the cost of energy dependence. The loss of Russian gas accelerated investment in renewables and liquefied natural gas, but high prices, infrastructure bottlenecks and new import dependencies remain. Greater electrification could improve resilience by making better use of domestic power and flexible technologies. But high costs still weigh on industry. So can Europe turn energy resilience into a competitive advantage?
At the BloombergNEF Summit London, Oliver Metcalfe, BNEF’s head of European research, moderated a panel titled “Reshaping Europe’s Strategic Future.” This episode brings listeners that panel, which featured BASF’s Matthias Dohrn, Octopus Energy Group’s Greg Jackson, JP Morgan’s Hannes Kofler, and SSE’s Deepa Venkateswaran.
Today’s episode was recorded live at the BNEF Summit London. To learn more about our Summits and to listen to more interviews, please visit https://about.bnef.com/summit/
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The economics of heating your home are shifting. Whether a heat pump saves money increasingly depends on what heats your home, where you live and when you use electricity. Heating oil prices have surged to a two-decade high in the US, EU and UK, dramatically improving the economics of switching for some households, while changes to electricity tariffs can make heat pumps cheaper to run. With fossil-fuel prices volatile and power systems changing, electric heating is becoming more competitive. So where do heat pumps now make financial sense, and what could make them more attractive? On today’s show, Kamala Schelling is joined by Yara van Ingen, an associate from BloombergNEF’s tech, industry & innovation team, to discuss some of her notes, including “Heating Oil Spike Opens Market for More Heat Pumps,” and “French Heat Pump Owners Gain From Cheaper Midday Power.”
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com
Links to research notes from this episode:
Heating Oil Spike Opens Market for More Heat Pumps - https://www.bnef.com/shorts/tmxz2dt96osp00
French Heat Pump Owners Gain From Cheaper Midday Power - https://www.bnef.com/shorts/tmxxyvkk3nye00
Gas Price Spike Still Too Mild to Drive Heat Pump Surge - https://www.bnef.com/shorts/texo3ukk3ny900
Heat Pump Market Outlook 2026: Blip, Not Bust - https://www.bnef.com/insights/39389
See omnystudio.com/listener for privacy information.

Gas turbines are a hot topic. Orders for this critical piece of infrastructure are surging alongside rising power demand and the need to refurbish aging power plants. Data centers are adding urgency, particularly in the US, and scarce delivery slots are pushing prices higher. Manufacturers are expanding production, but past overcapacity is keeping them cautious about chasing today’s demand too aggressively. So how long can the boom last? And can manufacturers capitalize on the gas turbine boom without overplaying their hand? On today’s show, Tom Rowlands-Rees is joined by BNEF global gas specialist Atin Jain to discuss findings from some of his research, including “Global Gas Turbine Order Trends 1H 2026: Records Shattered” and “Global Gas Turbine Manufacturing Outlook: Crunch, for Now.”
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com
Links to research notes from this episode:
Global Gas Turbine Order Trends 1H 2026: Records Shattered - https://www.bnef.com/insights/40519
US Data Center Gas Demand Outlook 2026-2035 - https://www.bnef.com/insights/40383
Global Gas Turbine Manufacturing Outlook: Crunch, for Now - https://www.bnef.com/insights/40247
See omnystudio.com/listener for privacy information.