India

IEEFA Research

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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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)

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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 […]

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Fact-Checking the Claim That Australian Coal Is Clean

Studiously Avoiding the Trend Toward a New Energy Economy

We’re seeing an increasing number of boastful assertions by Australian politicians that Australian coal is environmentally friendlier than other coal. It’s not true—and we’ve published a fact sheet here that gets into the weeds of it—but one illuminating comparison can be found when you stack Australian benchmark thermal coal up next to coal from Indonesia, […]

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More News and Commentary

Global Rate of New Coal-Plant Construction Drops

Associated Press: Led by cutbacks in China and India, construction of new coal-fired power plants is falling worldwide, improving chances climate goals can be met despite earlier pessimism, three environmental groups said Wednesday. A joint report by the groups CoalSwarm, the Sierra Club and Greenpeace follows a warning this week by two international agencies that […]

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Pipeline for Coal-Fired Plants Is in ‘Freefall’

The Guardian: The dramatic decline in new coal-fired units was overwhelmingly due to policy shifts in China and India and subsequent declining investment prospects, according to a report by Greenpeace, the US-based Sierra Club and research network CoalSwarm. The report said the amount of new capacity starting construction was down 62% in 2016 on the […]

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On the Blogs: The Evolution of Solar-Power Finance Mechanisms Across Emerging Economies

Power-Technology.com: Solar power, along with onshore and offshore wind, is one of the most mature and promising renewable energy sources available. And because solar photovoltaic (PV) panels work well in small off-grid applications as well as medium-sized and larger projects, it is also particularly well-suited to the decarbonisation efforts of developing countries, many of which […]

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IEEFA Conference: China and India Are at the Vanguard of the Global Electricity-Generation Transition

IEEFA Conference: China and India Are at the Vanguard of the Global Electricity-Generation Transition

The World’s Two Most Populous Countries Are Embracing Renewables

China’s declining reliance on coal will very likely continue as a result of central-government policies aimed at expanding the country’s move toward cleaner fuels. Panelists at IEEFA’s Energy Finance 2017 conference in New York today said financiers and energy companies alike will be encouraged to keep coal-fired electricity generation from growing—and indeed to push its […]

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IEEFA Update: Global Energy-Finance Transition Gains Steam

Electricity-Generation Technologies of the Past Century Are Growing Increasingly Unappealing to Investors

[Editor’s note: This column is taken from a speech last month to the Australian Senate on its inquiry into the retirement of coal-fired power stations] Good afternoon and thank you for allowing me the opportunity to speak on the critically important topic of Australian coal-fired power station retirements, particularly as it relates to energy system […]

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In India, Sharp Reductions in Government-Approval Costs for Renewables

Bloomberg New Energy Finance: The Central Electricity Regulatory Commission of India proposed a sharp reduction in the floor price of renewable energy certificates (REC) from April 1, 2017, a move that could increase demand and benefit sellers who have huge inventories of unsold credits. The commission wants to lower the floor price of solar RECs […]

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Following India’s Lead, Saudi Arabia Seeks Bidders for March Auction as It Rolls Out 10-Gigawatt Program

From Bloomberg New Energy Finance: Saudi Arabia is inviting bidders to qualify for its first renewable energy tender by 20 March. The world’s top crude exporter is laying the groundwork for a rollout of wind and solar power, which will allow it to reduce the amount of oil used domestically and, it hopes, will stimulate […]

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India’s Coal Imports Down 21.7% in January

From the Deccan Chronicle: Coal imports declined by 21.7 per cent to 14.31 million tonnes in January as the power utilities did not lift much fuel due to abundant stock available with them. Coal import (all type of coals) in January 2017 stood at 14.31 million tonnes (MT) (provisional) against 18.28 MT in January 2016, […]

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IEEFA Update: Adani Has Gone Quiet on Its Australia Coal Mega-Project

Developer Lacks the Capacity to Go Forward on Carmichael

The latest quarterly financial report from Adani Enterprises Ltd. is illuminating in no small part for what it does not say. Adani is the company that for years has championed construction of the proposed Carmichael project in Australia, a multi-billion-dollar undertaking that would purport to supply coal to India. Yet the project gets no acknowledgement […]

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On the Blogs: India Solar Power Industry Is Here to Stay

Saptak Ghosh for the Economic Times of India EnergyWorld blog: The solar revolution in India marches on, with renewed momentum, if the recently concluded reverse bidding auction for a 750 MW Solar Park in Madhya Pradesh is any indication. Mahindra Renewables Pvt. Ltd., Acme Solar Holdings Pvt. Ltd. and Sweden’s Solenergi Power Pvt. Ltd. successfully […]

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