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Tim Buckley and Kashish Shah
Latest Energy Policy Document Supports Transition Momentum; 48 GW of Coal Plant Closures Seen Over the Next Decade
India’s newest power-sector blueprint, the National Electricity Plan 2018 (NEP 2018), reinforces the government’s commitment to transforming the Indian electricity sector, retaining a core target of 275 gigawatts (GW) of renewable energy by 2027. Meanwhile, a Central Electricity Authority data release that tracks the performance of the sector over the fiscal year to March 2018 […]
Press Release
‘Sinking Under the Weight of a Flawed Planning Process That Lacks Crucial Insight Into Clean Energy Trends’
IEEFA — Indonesia’s national power company is perilously out of step with global trends in electricity generation even as it seeks a more than $1 billion infusion from international bond markets, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report — “Perusahaan Listrik Negara (PLN): A Power Company […]
IEEFA
S&P Global Market Intelligence ($): Reconnecting the ancient “Silk Route” with modern infrastructure could both extend China’s economic reach and enhance its energy security. Ultimately, however, success of the initiative will be measured by the extent to which private-sector investors participate in projects. That’s according to a special report published today by S&P Global’s China […]
Press Release
Godda Plan, Contrary to Its Poverty-Alleviation Advertising, Would Cost Customers Dearly
April 10, 2018 (IEEFA.org): Adani’s proposed Godda Power project would prove financially unviable and a poor strategic fit for Bangladesh, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The IEEFA study—“Adani Godda Power Project: Too Expensive, Too Late, and Too Risky for Bangladesh”—finds also that the project is […]
Tim Buckley and Kashish Shah
Market Gains and Policy Action Drive Expansion
It’s been a few weeks since IEEFA’s publication of our case study of Tamil Nadu, India’s leading state in terms of renewable energy capacity, and developments demand an update already. Wind and solar tenders of 3 additional gigawatts have since been proposed; a 500-megawatt industrial solar park is under development; construction of a 660-megawatt coal […]
IEEFA
The National (Abu Dhabi): A group advised by former prime minister Junichiro Koizumi is pushing for a bill calling for an “immediate halt” to Japan’s nuclear power sector to prevent a recurrence of the Fukushima disaster. In a report last March, the US-based Institute for Energy Economics and Financial Analysis [IEEFA] said Japan’s energy challenges […]
IEEFA
Financial Times: Emerging market countries are lagging behind the developed world in rolling out renewable energy, despite their generally sunnier climes lending themselves to potentially cheap and reliable solar power. However, some developing countries such as Lithuania and Uruguay and Indian states such as Tamil Nadu are rapidly developing wind and solar power, demonstrating that […]
IEEFA
S&P Global Ratings (press release): China’s long-awaited rollout of its renewable energy-quota system will force grid companies to purchase and transmit more non-fossil fuel sources of power. Wind and solar are at the top of the pecking order under the framework, S&P Global Ratings said today. “China’s renewable energy quota system will be more effective […]
Dennis Wamsted
More Big Solar and Wind Projects; Fewer Coal Projects of Any Size
Policy change in China is driving a surge in renewable generation, a flattening of carbon dioxide emissions and a downward trend in coal permitting and construction. While coal still dominates China’s electricity-generation sector, air pollution and related public health concerns alongside mounting worries about global climate change have driven renewables—particularly solar and wind generation—to grow […]
IEEFA
Economic Times of India: India is set to meet its target of adding 10,000 MW of solar capacity in 2017-18, almost twice that of the increase in 2016-17. The country had added 5,526 MW of solar capacity in the last fiscal, which was itself a record at the time. “Our cumulative capacity was 19,584 MW […]
IEEFA Report: Indonesia’s State Power Company Continues to Lag Global Shift in Electricity Generation
‘Sinking Under the Weight of a Flawed Planning Process That Lacks Crucial Insight Into Clean Energy Trends’IEEFA — Indonesia’s national power company is perilously out of step with global trends in electricity generation even as it seeks a more than $1 billion infusion from international bond markets, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report — “Perusahaan Listrik Negara (PLN): A Power Company […]