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Yulanda Chung
Out of Step With a Global Shift in the Energy Economy
We’ve just published a report that calls into serious question Indonesia’s plans to expand its commitment to coal-fired electricity generation. The report—“Overpaid and Underutilized: How Capacity Payments Could Lock Indonesia Into a High-Cost Electricity Future”—analyzes Indonesia’s 2017-26 national energy blueprint and shows how long-term coal power contracts that the country is contemplating will not just […]
Press Release
State-Owned Utility Would Pay an Estimated USD $76 billion Through Ill-Advised 25-Year Power Purchase Agreements
Aug. 10, 2017 (IEEFA.org) — Halting planned expansion of coal power generation in Java-Bali could save the Indonesian Government USD$16.2 billion in unnecessary expenditure, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report—“Overpaid and Underutilized: How Capacity Payments Could Lock Indonesia Into a High-Cost Electricity Future”—analyses Indonesia’s […]
Associated Press: Within the wild energy market of the world’s second-most populous nation, predictions are proving tricky. India had been projected to become a carbon-belching behemoth, fueled by thermal power plants demanding ever more coal for decades to come. Now, some analysts are saying that may not happen. In the last two years, coal consumption […]
Thomson Reuters Foundation: Pakistan is beginning to reap the benefits of Chinese investment in renewable energy infrastructure, with the opening of the first wind power project constructed as part of the huge China-Pakistan Economic Corridor, aimed at overhauling the country’s transport and energy systems. The nearly 50 megawatt wind farm is located on over 680 […]
Global Trade Review: Asia will reach peak coal in 2024, with a rapid increase in renewable energy investment set to meet the continent’s growing power needs. By 2040, there will be US$10.2tn invested in new power generation capacity worldwide, of which US$4.8tn will be in Asia, data from the New Energy Outlook 2017 report from […]
CircleofBlue.org: The numbers express a profound new reality in India’s energy industry that carries international significance: Climate-changing carbon emissions in India, the world’s third largest producer, are poised to start leveling off after years of sizable increases. India is joining China, the United States, and Europe in reducing carbon emissions at the same time that […]
Reuters: When it comes to electrifying Asia the conventional wisdom has been that cheap beats green, meaning coal will continue to dominate the region’s new power generation as renewables such as solar and wind can’t compete. However, there are increasing signs that this may not be the case any more, at least not in every […]
Tim Buckley
One Country and One Climate Skeptic Is Not Going to Stop the Global Energy Transition
Donald Trump’s decision to pull the U.S. out of the Paris climate accords is incredibly narrow minded, and short-sighted. It will undermine the U.S. economy and in doing so hurt the working people who voted him in. However, one country and one climate skeptic is not going to stop the global energy transition. India and […]
AFP: The US exit from the Paris climate pact is a gift to China’s ambitions to become world leader on everything from trade to global warming, despite its own mixed record. Beijing appeared well aware of the opening that it was given as it vowed to uphold the deal to cut carbon emissions after President […]
Tim Buckley
A ‘JKT’ Triad—Japan, South Korea, and Taiwan—Sets a 21st Century Course for Clean Energy; Expect Further Transformation in the Next Year or Two
Word out today that Taiwan has attracted $60 billion in foreign capital commitments to renewable-energy projects adds to the fast-gathering momentum around the electricity sector transition taking deep root across Asia. An excerpt from the article posted this afternoon by Nikkei Asia Review: Global renewable energy companies are rushing to set up offshore wind farms […]
IEEFA Indonesia: A Potential Overcommitment to Coal-Fired Electricity Puts a Nation at Risk
Out of Step With a Global Shift in the Energy EconomyWe’ve just published a report that calls into serious question Indonesia’s plans to expand its commitment to coal-fired electricity generation. The report—“Overpaid and Underutilized: How Capacity Payments Could Lock Indonesia Into a High-Cost Electricity Future”—analyzes Indonesia’s 2017-26 national energy blueprint and shows how long-term coal power contracts that the country is contemplating will not just […]