South Africa

IEEFA Research

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

IEEFA Update: A Sense of Desperation in Global Coal-Expansion Campaigns

Investors Grow Wary of Reputational, Regulatory and Return Risk

Coal apologists the world over like to cite spurious “facts” to support their argument for new investments in coal projects. A commonly heard theme: We need more coal because it’s cheap. In Australia, the government’s chief scientist’s call for a national “clean energy target” has set off a wave of highly dubious claims about coal […]

August 4, 2017 Read More →

IEEFA Update: Developing Countries Are Disproportionately Driving Global Growth in Renewables

Half of All $300 Billion in Activity Is in Emerging Markets

More than half of all renewable investment activity in the world last year occurred in developing countries. And 2015 was no small year for renewables, as new investment set a record US$286 billion and total transactions (including refinancings) exceeded $US380 billion. We’re published a memo this morning — “IEEFA Update: Emerging Markets Lead Global Investment […]

November 23, 2016 Read More →

A South African Surge in Competitive Solar and Wind

Giles Parkinson for RenewEconomy: The cost of wind and solar energy has fallen so dramatically that wind and solar plants can now be built in South Africa at nearly half the cost of new coal, according to the country’s principal research organisation. A presentation from the energy division of the Centre for Scientific and Industrial […]

October 24, 2016 Read More →

The ‘Blended Finance’ Model for New Energy Investing in Brazil, Russia, India, China, and South Africa

IEEFA has found that there is a gap in what is being spent and what is necessary, particularly in India, Brazil and Russia. China has a hefty US$21.5 billion shortfall, but has come a long way by hitting 80% of its target: Jai Sharda, IEEFA energy-markets consultant and managing partner of Equitorials, cited the introduction […]

October 19, 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 →

$51 Billion Gap Between Capital and Opportunity in Annual Renewables Investment in BRICS

From the Business Standard (India): BRICS countries will require additional annual investment of USD 51 billion on average to meet their current renewable energy capacity addition targets, says a report. The Institute for Energy Economics and Financial Analysis (IEEFA) today said that overall nearly USD 10 billion would need to come in annually from public […]

October 13, 2016 Read More →

Growing Risk of Stranded Energy Assets in South Africa

Alex Lenferna for Business Day Live (South Africa): Financial markets across the world are waking up to the threat of a new financial bubble, one premised on the possibility that trillions of dollars worth of fossil fuel assets will be lost as the world takes action on climate change. Yet, as other economies prepare to […]

October 7, 2016 Read More →

South Africa Locks Onto Coal Despite Water Risks, Grim Market Trends

Keith Schneider for Circle of Blue: South Africa’s allegiance to coal mining and coal-fired power generation in an era of rising concern about water supply and quality, and weakening national and global demand is causing a furor in the country’s mining sector, affecting the financial community, and tearing holes in President Jacob Zuma’s veil of […]

March 24, 2016 Read More →

Mega-Coal Plants in South Africa: ‘Big Projects That Do Not Fit Their Time’

Keith Schneider for Circle of Blue: For over a century South Africa’s economy fueled itself with the nation’s ample coal reserves, which today generate 90 percent of the nation’s electricity and 35 percent of its liquid fuel, employ tens of thousands of workers, and consume two percent of the water. Kusile and Medupi, two of […]

March 23, 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 →