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IEEFA Europe: PGE’s pro-coal strategy in Poland under fire

EU decision to end capacity payments is a blow to utility’s plans

LONDON—The coal-heavy strategy at Poland’s biggest utility, PGE, was hit this week by a provisional European Union agreement to end coal power capacity payments from 2025, adding to the utility’s existing woes from rising carbon prices. Across Europe, utilities have rushed for the coal exit door, driven by increasingly favourable economics for renewables and smart […]

December 21, 2018 Read More →

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IEEFA Japan: Early days, but momentum away from coal is building

From September to December 2018, the prime minister, corporations and lenders have been pivoting towards renewables

IEEFA Japan: Early days, but momentum away from coal is building

SYDNEY –  Over the last decade Japan has consistently been placed in the top three leading global exporters of financially supported coal-fired power engineering and technology capacity. In recent months however there are emerging signs of a strategic pivot away from coal, driven by a recognition of the stranded asset risks in thermal coal mining […]

and December 21, 2018 Read More →

IEEFA update: Norway’s recognition of a declining oil and gas sector sends a message

Early warnings of long-term economic and fiscal downturn require action now

The government of Norway has identified a problem that will preoccupy it for the next fifty years, and that should also cause the rest of the world to sit up and pay attention. THE PROBLEM:  The revenues and dividends from Norway’s vast oil and gas holdings that have fueled the country’s economy and balanced its […]

December 21, 2018 Read More →

IEEFA update: Coal is failing to bring relief to Bangladesh’s electricity system

Delayed projects and fossil fuel import burden means renewable energy is the nation’s best route towards energy sustainability

IEEFA update: Coal is failing to bring relief to Bangladesh’s electricity system

SYDNEY – The financial results set out in the Bangladesh Power Development Board’s (BPDB) recently published annual report 2017-18 are troubling. The Power Development Board sits under the Ministry of Power, Energy and Mineral Resources and is responsible for the planning and development of Bangladesh’s power infrastructure as well as the majority of the nation’s […]

December 21, 2018 Read More →
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