Press Release

IEEFA report: Argentina’s Vaca Muerta Patagonia fracking plan is financially risky, fiscally perilous

IEEFA report: Argentina’s Vaca Muerta Patagonia fracking plan is financially risky, fiscally perilous

Major investors Chevron, ExxonMobil, Equinor, Total, Shell and Tecpetrol are depending on tenuous subsidies

New York/Buenos Aires (March 21, 2019) — The Vaca Muerta oil and gas project, which promises to double oil and gas production over the next six years in Argentina, is facing such strong headwinds from current fiscal, market, political and environmental forces that “the plan is likely to fail,” according to a report released today […]

March 22, 2019 Read More →
IEEFA Arizona: Navajo vote blocks tribal acquisition of coal-fired power plant and mine

IEEFA Arizona: Navajo vote blocks tribal acquisition of coal-fired power plant and mine

NTEC drops plan to acquire Kayenta Mine and Navajo Generating Station

March 22, 2019 (IEEFA Arizona) — A vote by the Navajo Tribal Council blocking acquisition of the Navajo Generating Station (NGS) and Kayenta Mine spells closure for both, according to researchers at the Institute for Energy Economics and Financial Analysis (IEEFA). The Navajo Transitional Energy Company (NTEC), a tribally-owned company, had pushed for months to […]

March 22, 2019 Read More →
Informe IEEFA: El plan argentino de fracking en Vaca Muerta de Patagonia es financieramente riesgoso, fiscalmente peligroso

Informe IEEFA: El plan argentino de fracking en Vaca Muerta de Patagonia es financieramente riesgoso, fiscalmente peligroso

Los principales inversores Chevron, ExxonMobil, Equinor, Total, Shell y Tecpetrol dependen de subvenciones frágiles.

Nueva York/Buenos Aires (21 de marzo de 2019) – El proyecto de gas y petróleo Vaca Muerta, que promete duplicar la producción de ambos combustibles en los próximos seis años en Argentina, enfrenta obstáculos tan fuertes por las actuales fuerzas fiscales, de mercado, políticas y ambientales que “el plan probable fracase”, según un informe publicado […]

March 21, 2019 Read More →
Sightline/IEEFA report: U.S. fracking industry posts disappointing Q4 results

Sightline/IEEFA report: U.S. fracking industry posts disappointing Q4 results

More red flags point to industry in decline

March 19, 2019 (Sightline/IEEFA) — Record-setting oil and gas production in Q4 did not lead to corresponding financial success. To the contrary, U.S. fracking-focused companies “spilled alarming volumes of red ink in 2018,” according to a report released today by the Sightline Institute and the Institute for Energy Economics and Financial Analysis (IEEFA). The joint […]

March 20, 2019 Read More →
IEEFA report: Powder River Basin coal industry  is in long-term decline

IEEFA report: Powder River Basin coal industry is in long-term decline

Fast-changing markets indicate deeper downturns to come in Montana and Wyoming

March 18, 2019 (IEEFA U.S.) — Coal producers in the Powder River Basin continue to lose customers as utilities across the U.S. embrace a shift toward cleaner and cheaper forms of power generation, according to a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report — Powder River Basin Coal […]

March 18, 2019 Read More →

IEEFA Australia: Building new coal mines makes no sense in 2019

IEEFA objects to Whitehaven Coal’s new application

SYDNEY, March 14, 2019 – IEEFA objects to Whitehaven Coal’s current application to open a new thermal coal mine north of Gunnedah in New South Wales, Australia. Currently being reviewed by the New South Wales Independent Planning Commission, the application is to expand Whitehaven Coal’s already approved Vickery Coal Project proposal located on an old […]

March 13, 2019 Read More →

IEEFA update: Is IEA Sustainable Development Scenario reflecting the Paris Agreement?

Reviewing global climate and energy modelling

Each year the International Energy Agency (IEA), an independent intergovernmental organisation releases the World Energy Outlook (WEO) which among other things, models global energy demand using various scenarios. The scenarios are not predictions, rather tools to assess risks. The scenarios, briefly explained in a new IEEFA fact sheet , respond to global Paris Agreement targets entered […]

March 13, 2019 Read More →
IEEFA report: The Philippine energy transition

IEEFA report: The Philippine energy transition

Efforts needed to attract investment and reduce electricity prices

MANILA, March 12, 2019 (IEEFA) — Electricity prices in the Philippines are the highest in South East Asia and utilities rely excessively on imported coal and diesel, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The IEEFA report, The Philippine Energy Transition, Building a Robust Power Market, attributes […]

March 12, 2019 Read More →

IEEFA Japan: Marubeni’s coal exit announcement a good first step but increased commitment needed

Investors still exposed to risk as Marubeni fails to swiftly adapt to changing energy technologies

March 12, 2019 (IEEFA Japan) – Despite announcing a coal exit, Japanese conglomerate Marubeni still has around twelve gigawatts of coal-fired power proposals in development, exposing investors to continued risk as the world moves away from coal. A new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA), ‘Marubeni Update: Continuing Coal-fired […]

March 12, 2019 Read More →
IEEFA update: Navajo coal mine and plant acquisition plan raises liability issues

IEEFA update: Navajo coal mine and plant acquisition plan raises liability issues

Failure to address employee benefits, maintenance, and cleanup costs

March 8, 2019 (IEEFA New Mexico) — The Navajo Transitional Energy Company’s (NTEC) proposed acquisition of the failing coal-fired Navajo Generating Station (NGS) and its feeder Kayenta Mine continue to raise questions about possible consequences should the sale be allowed to move forward. In addition to wide concerns about the financial viability of the project, the […]