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

On the Blogs: India Turns Purposefully Away From Coal

CircleofBlue.org: At the frontlines, the global pivot away from coal has been much swifter than almost anybody predicted. China, the world’s largest coal producer and consumer, has cancelled 300 coal-fired power plants in the last two years. In the United States, the world’s second-largest producer, coal production fell to 739 million tons last year, down […]

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Ignoring Market Glut, Australia Weighs $1 Billion Government Loan to Finance World’s Biggest Coal Mine

The Wall Street Journal: Australia’s government has indicated strong backing for a loan of almost 1 billion Australian dollars for Indian conglomerate Adani Group to build the world’s largest coal mine, despite projections of a global glut of the commodity and environmental concerns. The pair also discussed a possible loan from the A$5 billion Northern […]

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Little Demand Seen for More Australian Coal

Australia Financial Review: Mr Turnbull arrives in India at a pivotal stage in Adani’s marathon effort to have the thermal coal project approved, and at this stage of the game, few can do more to help Carmichael than Australia’s 29th prime minister. A loan through the government’s $5 billion Northern Australia Infrastructure Fund (NAIF) would […]

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On the Blogs: India’s Renewables Surge Continues

SunWindEnergy.com: Tim Buckley, a Director at the Institute for Energy Economics and Financial Analysis, said “Goyal has put forward an energy plan that is commercially viable and commercially justified without subsidies, so you have big global corporations and utilities committing to it.” Vinjay Rustag, Managing Director of Bridge to India, said “When you talk to […]

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A Coal-to-Renewables Shift Picks Up Across Asia

The Economist: The Hazelwood power station in Australia’s state of Victoria started generating electricity 52 years ago. The stark symbol of an era when coal was king, Hazelwood was one of Australia’s dirtiest: its fuel was the Latrobe valley’s brown coal, a bigger polluter than the black sort. The station was due finally to close […]

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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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