India

IEEFA Research

IEEFA Report: State-Owned Utility NTPC Takes a Lead Role in India’s Electricity Transition

IEEFA Report: State-Owned Utility NTPC Takes a Lead Role in India’s Electricity Transition

Country’s Largest Generation Company—Ranked Third Globally in Coal-Fired Capacity and Seventh in Generation—Emerges as Key Supporter of Government’s Renewable-Energy Initiative

May 25, 2017 (IEEFA.org) — The state-owned Indian utility NTPC is playing a key role in India’s push toward retooling its electricity-generation system, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report—“NTPC as a Force in India’s Electricity Transition: Leading the Way Toward a New Energy Economy”—details how […]

IEEFA Asia: A Better Way Forward for Electrification in Bangladesh

IEEFA Asia: A Better Way Forward for Electrification in Bangladesh

We See a Viable and Sensible Renewables Path to Rapid Eradication of Energy Poverty and to Improvements in Health and Education

We’ve just published a report that outlines a highly feasible and more cost-effective alternative to expand electrification in Bangladesh than what the Bangladesh government has in mind. Our blueprint—“Bangladesh Electricity Transition: A Diverse, Secure and Deflationary Way Forward”—outlines an expansion that would be cheaper, cleaner and provide more national energy security. Our research models an […]

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 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 →
IEEFA Report: India Clings to Questionable Ultra Mega Power Plant Plans

IEEFA Report: India Clings to Questionable Ultra Mega Power Plant Plans

Viability Issues Continue to Complicate New Coal-Fired Projects

We’ve published a report today noting that while India has undergone an admirable energy-policy shift over the past few years, it is clinging unwisely to plans to build two costly coal-fired Ultra Mega Power Plants. Our report—“India’s Questionable Ultra Mega Power Plans”— details how these UMPP projects stand in jarring contrast to better-advised initiatives that […]

August 3, 2016 Read More →
A Step Backward for Bangladesh

A Step Backward for Bangladesh

Rampal Power Project: Fraught With Unacceptable Risk and Out of Step With the Times

We’ve published a report today that explains how the proposed coal-fired Rampal Power Plant in southwest Bangladesh would drive up electricity rates, cost far more than its promoters say, and put investors and consumers at a myriad of risks. Our report, “Risky and Over-Subsidized: A Financial Analysis of the Rampal Power Plant,” outlines why the […]

India’s Plan to Build 12 New Nuclear Reactors Is Fraught With Risk

India’s Plan to Build 12 New Nuclear Reactors Is Fraught With Risk

Projects at Kovvada and Mithi Virdi Are Not Economically or Financially Viable

We’ve just published a report that explores what we believe are unacceptably high risks and costs of the Indian government’s proposal to build 12 new nuclear reactors. Our study, “Bad Choice: The Risks, Costs and Viability of Proposed U.S. Nuclear Reactors in India,” finds the plan, which would put six reactors each at Kovvada and […]

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 →
Report: Wollongong Coal Ltd’s Russell Vale Coal Mine A Likely Stranded Asset

Report: Wollongong Coal Ltd’s Russell Vale Coal Mine A Likely Stranded Asset

Wollongong Coal Ltd’s Russell Vale Coal Mine A Likely Stranded Asset (pdf)

December 18, 2015 Read More →
Eight (8) Signs Now Is the Time to Invest in Energy Transformation

Eight (8) Signs Now Is the Time to Invest in Energy Transformation

Rapid Change Is Already Being Driven by New Policies and the Shifting Sands of Finance

Evidence continues to mount that the world is beyond peak coal consumption and that its appetite for thermal coal is waning. This trend has gathered remarkable momentum in 2015, as seen in sharp consumption declines in key coal markets. We’ve published a report today that explores recent developments around the world: “Carpe Diem: Eight Signs […]

and November 27, 2015 Read More →

More News and Commentary

India Utility Conglomerate Long-Associated With Coal Is Shifting Gears

Indo-Asia News Service: The state-owned conglomerate NTPC Ltd — long associated with coal-fired power generation — is poised to facilitate India’s bid to achieve its ambitious national renewable energy targets. This, at a time overseas investors are seeking more opportunities in the country’s renewable projects. “Despite its deep historical connection to coal-fired electricity generation technology, […]

May 26, 2017 Read More →
IEEFA Report: State-Owned Utility NTPC Takes a Lead Role in India’s Electricity Transition

IEEFA Report: State-Owned Utility NTPC Takes a Lead Role in India’s Electricity Transition

Country’s Largest Generation Company—Ranked Third Globally in Coal-Fired Capacity and Seventh in Generation—Emerges as Key Supporter of Government’s Renewable-Energy Initiative

May 25, 2017 (IEEFA.org) — The state-owned Indian utility NTPC is playing a key role in India’s push toward retooling its electricity-generation system, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report—“NTPC as a Force in India’s Electricity Transition: Leading the Way Toward a New Energy Economy”—details how […]

Plant Cancellations and Record Low Solar Tariffs Signal More Change in India

Indo-Asia News Service: India’s decision to cancel nearly 14 gigawatts of coal-fired power stations coupled with a record low solar tariff are the strongest indications that the country’s energy transformation is gaining rapid momentum, a global institute said on Wednesday. “For the first time, solar is cheaper than coal in India and the implications this […]

May 24, 2017 Read More →

IEEFA Australia: Adani Can’t Seem to Get the Public Subsidies It Requires for Its Carmichael Coal Project

Further Evidence That a Mine Proposal Is Unbankable

In saying that it has deferred its investment decision on its Australian Carmichael coal proposal because the Queensland Government hasn’t granted it yet another subsidy, Adani Enterprises is demonstrating once more that the project is unbankable. We’re not aware of a single private financial institution that has endorsed the proposal, which suggests to us that […]

May 23, 2017 Read More →

Coal-Generation Cancellations in India as Solar Prices Fall

The Independent (London): India has cancelled plans to build nearly 14 gigawatts of coal-fired power stations – about the same as the total amount in the UK – with the price for solar electricity “free falling” to levels once considered impossible. According to his article on the Institute for Energy Economics and Financial Analysis’s website, […]

May 23, 2017 Read More →

Report: The Biggest Investors in Coal?

SNL: A new report from InfluenceMap, a U.K.-based nonprofit that tracks climate and energy policy lobbying, shows the movement to divest from coal assets is still gaining steam. The study notes that while asset managers and owners representing over $5 trillion in value have made some kind of divestment pledge by the end of 2016, […]

May 22, 2017 Read More →

Coal Industry’s Assumptions ‘Can Be Rendered Nonsensical Very Quickly’ by Policy Change in China and India

Reuters: Coal exporters may be feeling more comfortable about their future as they see both reasonable demand from Asia’s top importers and prices which appear to be stabilising at levels that allow for decent profits. This renewed optimism was evident at this week’s Coaltrans Asia conference on the Indonesian resort island of Bali, where much […]

May 18, 2017 Read More →

IEEFA Asia: India’s Electricity-Sector Transformation Is Happening Now

Utility-Scale Solar Projects Continue to Attract Record Low Bids

The Indian energy market transformation is accelerating under Energy Minister Piyush Goyal’s leadership. The most recent and most persuasive evidence is the collapsing cost of solar electricity—a collapse that has gone beyond anyone’s expectations, and the results are in: solar has won. The global energy market implications are profound. Recent events have given manifest life […]

May 17, 2017 Read More →

On the Blogs: Coal-Fired Ultra Mega Power Project Canceled in India

SmarterInvestor.in: The government of Gujarat has dropped  a proposal for setting up a 4,000-Megawatt (Mw) coal-based ultra mega power project (UMPP). The current government under Vijay Rupani says there is surplus generation capacity and, instead of adding thermal power, wishes to focus for now on renewable power. The Gujarat State Electricity Corporation was to handle […]

May 12, 2017 Read More →

IEEFA Asia: Moon Jae-In’s Ascension in Seoul Is Another Blow to Asia’s Coal Industry

Policy Shift Stands to Halve the Long-Term Growth Rate of South Korean Coal Imports

Moon Jae-In’s election yesterday as president of South Korea holds potentially significant ramifications for global seaborne thermal coal markets. South Korea is Asia’s fourth-largest economy and the fourth-largest importer of coal globally, accounting for over 10 percent of world thermal coal import demand. As the only remaining growth market of significant size, it has long […]

May 10, 2017 Read More →