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IEEFA Research

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 China:  Lender of last resort for coal plants

IEEFA China: Lender of last resort for coal plants

Continued support for coal power across Asia erodes China’s clean energy leadership

January 22, 2019 (IEEFA Hong Kong): While financial institutions around the world are moving away from coal to limit exposure to increasing stranded asset risks, a new report by the Institute for Energy Economics and Financial Analysis finds global renewable energy champion China is simultaneously funding over one-quarter of coal plants currently under development outside […]

January 22, 2019 Read More →
IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

Rapid Cost Deflation, Broad Gains in Scale; Key Momentum in China and India; Crucial Support From International Capital Markets and Tech Giants; Expansion Role Seen for National Governments

May 21, 2018 (IEEFA.org) – A report published today by the Institute for Energy Economics and Financial Analysis describes how solar energy is accelerating the transformation of the global electricity-generation sector through gains in technology innovation and price deflation. The study—“Solar Is Driving a Global Shift in Energy Markets”—details some of the world’s biggest utility-scale […]

IEEFA Report: Indonesia’s State Power Company Continues to Lag Global Shift in Electricity Generation

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 […]

April 19, 2018 Read More →

IEEFA Report: China in 2017 Continued to Position Itself for Global Clean Energy Dominance

As U.S. Steps Aside, Beijing's 'Belt and Road Initiative' Gains Traction

Jan. 9, 2018 (IEEFA.org) – China continued to be the world’s dominant force in the building and financing of clean energy technology globally in 2017, according to a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report,  “China 2017 Review: World’s Second-Biggest Economy Continues to Drive Global Trends in […]

January 9, 2018 Read More →

IEEFA Report: China Set to Dominate U.S. in Global Renewables Boom; $32 Billion in Overseas Investments in 2016 Alone

World’s 2nd-Biggest Economy Is Bankrolling Far More Projects, and in More Countries; Gap Will Widen If Trump Administration Delivers on Policy Intentions; ‘Clean Energy Isn’t a Sector to Turn Away From’

Jan 6, 2017 (IEEFA.org) – China will likely expand its dominance of the booming global renewable- and clean-energy industries as new American energy policies come into play, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). “The change in leadership in the U.S. is likely to widen China’s global […]

January 6, 2017 Read More →
IEEFA Update: IEA, Still Behind the Curve, Nonetheless Indicates Rising Stranded-Asset Risk in Fossil-Fuel Holdings

IEEFA Update: IEA, Still Behind the Curve, Nonetheless Indicates Rising Stranded-Asset Risk in Fossil-Fuel Holdings

A Not-So-Distant Future in Which Thermal-Fired Electricity Generation Declines Precipitously

The International Energy Agency, out with its annual energy-markets forecast, “World Energy Outlook 2016,” remains behind the curve but not as far behind as it was. A history of IEA underestimation of technology change has been partially remedied in this new report, but the agency’s solar and wind forecasts can at best be described still […]

November 17, 2016 Read More →
IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

An Acceleration to Renewables, Faster-Than-Expected Shifts Regionally and Nationally, Growing Risk for Investors Who Lag Behind

Three notable takeaways emerge from the rapid transformation of the global energy economy, as we detail in a new paper we published today as the landmark Paris Agreement officially goes into effect. The global transition to renewables is accelerating. Change is happening faster than expected. Those left behind in this transition face growing financial risk. […]

November 5, 2016 Read More →

IEEFA Global: A $51 Billion Gap (and a $51 Billion Opportunity) in BRICS Nations’ Renewable Energy Development

How to Meet the Goal? Through "Blended Finance" Where Public Funds Unleash Private Money

Here, in one chart, is an IEEFA picture worth a thousand words. While some $130 billion was invested last year in renewable-energy development in the BRICS countries—Brazil, Russia, India, China, and South Africa—billions more are required if these countries are to meet their commitments to climate-change mitigation policies. The four countries, in all, have announced […]

October 17, 2016 Read More →
Coal Won’t Solve the Energy Poverty Problem

Coal Won’t Solve the Energy Poverty Problem

Times Have Changed; Old Electricity-Generation Models Don’t Work Anymore

Coal-fired electricity is no longer the economy builder its proponents say it is. Time was when coal in fact did contribute to growth in many economies, but times have changed. Today governments and private interests worldwide concede—even emphasize—the economic and environmental dysfunction of coal. We’ve just published an IEEFA Briefing Note (“Energy Poverty, Then and […]

March 3, 2016 Read More →

More News and Commentary

Sources say Chinese regulators to limit use of green bonds for ‘clean coal’ projects

Reuters: Chinese regulators are close to releasing new “green bond” standards that would exclude polluting fossil fuel projects from corporate financing channels designed to lift environmental standards, people familiar with the matter told Reuters. Beijing has in recent years promoted new green financing methods to help industry pay for its transition to cleaner modes of […]

March 21, 2019 Read More →

French firm completes world’s largest floating solar project in China

Renew Economy: French-based Ciel & Terre International has announced that its 70 MW floating solar power plant located on top of an old coal mining area in the province of Anhui, China, is now officially complete after several months of tests and monitoring. Ciel & Terre has been developing floating solar PV projects since 2011 […]

March 21, 2019 Read More →

Wood Mackenzie: India, Asia Pacific region to power major increase in wind capacity

The Economic Times: Aggressive renewable energy targets in India and “explosive” growth in the offshore sector are expected to drive a 10-year CAGR of 12.2 per cent in the wind energy sector in Asia Pacific, excluding China, said a report by research group Wood Mackenzie. “Target compliance in India is likely to bifurcate the next […]

March 20, 2019 Read More →

IEEFA update: First Chinese major joins over 100 global financial institutions restricting coal finance

In the last two weeks four institutions announced coal exits

SYDNEY — In the last two weeks, four globally significant financial institutions – one leading Chinese financier, two European insurers and one French asset manager – brought in new restrictions on thermal coal financing, insurance and/or investments. Additionally, two important Australian regulatory authorities called on governments and financial markets to prepare for an urgent but […]

March 19, 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 Op-ed: Pakistan’s energy pathway under the spotlight

Major seaborne thermal coal importer with untapped renewables potential

With Chinese thermal coal imports set to go into decline, coal exporters are depending on countries like Pakistan to pick up the slack. Pakistan is expanding its electricity generation capability with Chinese financed and built power plants. China’s role in Pakistan’s infrastructure roll-out, known as the China-Pakistan Economic Corridor (CPEC) is a key part of […]

Coal’s share of China electricity generation dropped below 60% in 2018

Reuters: China’s coal consumption rose for a second year in a row in 2018, but coal’s share of total energy consumption fell below 60 percent for the first time as cleaner energy sources gained ground, official data showed on Thursday. The world’s biggest coal consumer used 1 percent more coal in absolute terms last year […]

March 1, 2019 Read More →

Trade group says global wind capacity climbed to 591GW in 2018

CNBC: The wind energy industry installed 51.3 gigawatts (GW) of new capacity last year, a 3.6 percent fall when compared to 2017’s growth, the Global Wind Energy Council (GWEC) said Tuesday. Despite this reduction, the international trade association said that the growth of the worldwide wind market had “been stable” since 2014, with more than […]

February 27, 2019 Read More →

IEEFA Philippines: Consumers should not pay the price for risky coal deals

Regulators need to protect local businesses and ratepayers

MANILA – The rapid drop in the cost of renewable energy has opened new possibilities in energy systems around the world, including the Philippines. Coal has become toxic, both in terms of its high cost to consumers and the environment, as well as the negative financial consequences for banks and investors. In India, China, Malaysia, and, most […]

February 21, 2019 Read More →
IEEFA Japan: ITOCHU Corporation announces coal exit

IEEFA Japan: ITOCHU Corporation announces coal exit

Leading financial institutions setting divestment trend

February 15, 2019 (IEEFA Japan) – ITOCHU of Japan has announced it is exiting from developing new coal-fired power plants as well as thermal coal mines to address the impact of climate change, and will continue to divest its existing thermal coal mine investments in Australia and Indonesia. IEEFA sees this as a major policy […]

February 15, 2019 Read More →