Energy Investment Trends

IEEFA Research

IEEFA report: India has a new leader in renewable energy

IEEFA report: India has a new leader in renewable energy

Karnataka surpasses Tamil Nadu; Policies encouraging less reliance on imported fuel drive uptake of solar and wind; ‘Clear and rising risk’ in traditional thermal sector

July 24, 2018 (IEEFA) — The Indian state of Karnataka has become the new national leader in renewable energy generation, concludes a report published today by the Institute for Energy Economics and Financial Analysis. Karnataka, which lies along the southwest coast of India and has a population of more than 60 million, had a total of 12.3 […]

IEEFA update: U.K. pension funds lag in renewable energy infrastructure investing

Abundant offerings across a number of markets

LONDON — Local U.K. government pension schemes are gradually increasing their unlisted infrastructure holdings, driven by examples set by trail-blazing funds and by a new government initiative to increase the scale of such investments. But few are investing explicitly in renewable energy, the biggest single segment of infrastructure investment in the world (infrastructure investing involves real […]

July 19, 2018 Read More →
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 Update: How Will Westmoreland Coal’s Deepening Spiral End?

IEEFA Update: How Will Westmoreland Coal’s Deepening Spiral End?

Disappearing Market Capitalization and Unsustainable Debt

We’ve just published a research brief of interest to any person, community, business, or investor with ties to Westmoreland Coal Co. The brief—“Westmoreland Coal Is in Trouble”—lays out how the company, which produces coal for electricity generation, is hobbled by debt, is losing customers, has suffered a catastrophic drop in stock price, and appears to […]

February 16, 2018 Read More →
IEEFA Arizona: Fast-Track Opportunities Now in Navajo Community-Driven Solar Electricity Generation

IEEFA Arizona: Fast-Track Opportunities Now in Navajo Community-Driven Solar Electricity Generation

Strategically Situated Tribal Lands at the Heart of the American Sunbelt Hold Crucial Market Advantages; Prudent Development Strategies Will Benefit, Protect, and Profit Local People

Jan. 3, 2017 — Locally owned utility-scale solar electricity generation offers Navajo communities an immediate generational economic-development opportunity, concludes a research brief published by the Institute for Energy Economics and Financial Analysis (IEEFA) and DinéHózhó. The report— “Window of Opportunity: Navajo Solar—A Fast-Track Community-Driven Development Approach” — details how transformative changes in the U.S. electric utility […]

December 22, 2017 Read More →

IEEFA Report: U.K. Pension Funds Can Benefit Now From Renewables Infrastructure Play

Growth and Proven Returns in a Rapidly-Expanding Sector

Nov.15, 2017 — A new report by HSBC Global Asset Management and the Institute for Energy Economics and Financial Analysis (IEEFA) finds that U.K. pension funds can benefit now from investing in domestic and overseas renewable energy infrastructure. Commissioned by the City of London Corporation’s Green Finance Initiative, the report, “The Renewable Energy Infrastructure Investment […]

November 14, 2017 Read More →
IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

New Emissions Rules Loom Large Across EU; Gas-Fired Generation and Renewables Present Better Investment Opportunities; Major Utilities Are Out of Step With Markets

October 25, 2017 (IEEFA.org) — A research paper published today by the Institute for Energy Economics and Financial Analysis finds that plans by Enel Group’s Spanish-subsidiary Endesa to sink €400 million into upgrading three aging coal-fired plants is a likely loss-making proposition under new European Union emission-control rules. The report—“How European Utilities Can Capitalize on […]

October 26, 2017 Read More →
IEEFA Brief: U.K. Government at Risk in Over-Budget Nuclear Project That Stands Incomplete

IEEFA Brief: U.K. Government at Risk in Over-Budget Nuclear Project That Stands Incomplete

A Sensible ‘Plan B’ for Hinkley Point C Project in Somerset Would Avoid Extending Public Loan Guarantees

Oct. 16, 2017 (IEEFA.org) — A research brief published today by the Institute for Energy Economics and Financial Analysis cautions the U.K. government against investing further in an unfinished nuclear project on the Bristol Channel in southwest England. The brief — “A Half-Built, High-Priced Nuclear White Elephant: How Should the U.K. Proceed With This Troubled […]

October 16, 2017 Read More →

IEEFA Report: Philippine Banking Sector at Risk in Ill-Advised US$21 Billion Expansion of Coal Fleet

Lagging Rising Trends Driven by Global Electricity-Generation Transition

October 12, 2017 (IEEFA) – The Philippines’ banking sector is dangerously exposed to a proposed new fleet of coal plants that are likely to become stranded assets if they are built, a report co-published today by the Institute for Energy Economics and Financial Analysis (IEEFA) concludes. The plants would add more than 10,000 megawatts of […]

October 12, 2017 Read More →
IEEFA Texas: Latest U.S. Coal Plant Shutdown Stems From a Saga in Which Investors Failed to See Change Coming

IEEFA Texas: Latest U.S. Coal Plant Shutdown Stems From a Saga in Which Investors Failed to See Change Coming

Markets Rendered a Harsh Judgment on a Bad Private-Equity Deal, Cheap Natural Gas, and the Rise of Wind-Powered Electricity

[First of two parts.] Last week Luminant and its new parent company, Vistra, announced the imminent closure of the 1,800-megawatts Monticello Power Plant in North Texas, near the Arkansas and Oklahoma state lines. It’s been a long time coming. The plant has operated at a loss for years, having failed to compete with low natural […]

More News and Commentary

Danish energy giant makes a $580 million move into U.S. wind

Energy Digital: Danish energy company Ørsted has agreed to purchase US wind and solar company Lincoln Clean Energy for $580mn. Lincoln Clean Energy develops, owns and operates clean power projects which a specific focus on wind and solar. In particular, the company owns a range of onshore wind farms in the US, and currently has […]

August 10, 2018 Read More →

Report: U.S. utilities are going ‘from zero to 100’ on solar

Utility Dive: New numbers show the “beautiful friendship” between utilities and solar is growing and bringing the U.S. power system’s transition to higher renewables penetrations along. “Utilities of all kinds and in many places are accelerating from zero to 100 on solar in response to record-low prices,” Smart Electric Power Alliance (SEPA) research manager and […]

August 10, 2018 Read More →

Latest U.S. Energy Information Agency data: solar and wind costs trend down

Agri-Pulse: The cost of building some renewable energy generators is down, according to a data analysis released this week by the U.S. Energy Information Administration (EIA). Among newly constructed utility-scale electric generators in 2016, annual capacity-weighted average construction costs for solar photovoltaic (PV) systems and onshore wind turbines fell. New construction for wind and solar […]

August 9, 2018 Read More →

IEEFA update: Southeast Asian fossil fuel risk is underpriced

Hazards from corruption, policy change, stranded assets, and ill-informed advisors

HONG KONG — We’ve just published a memo describing how July was an exceptionally telling month for Southeast Asia power-generation markets. Our memo argues that fossil fuel risk is underpriced in the region, and it makes four specific points along these lines. First, that there is too little transparency around certain deals in Indonesia. News in […]

August 8, 2018 Read More →

Global utility company AES sees 12-gigawatt capacity growth by 2022 driven largely by renewables

S&P Global Market Intelligence ($): AES Corp. executives have laid out an ambitious plan to add nearly 12,000 MW of new capacity to the company’s portfolio by 2022, fueled in large part by the rapid development of the sPower renewables pipeline. “Our goal is to earn attractive returns while greening our portfolio,” AES President and […]

August 8, 2018 Read More →

Report: Solar prices have more room to fall

Utility Dive: A new analysis from Greentech Media (GTM) Research estimates solar bids becoming as cheap as $14.07/MWh through 2022, assuming a perfect storm of desirable financing and technology advances. While that is an extremely low and aspirational price in today’s market, the report warns that the rate of cost declines is beginning to slow, […]

August 6, 2018 Read More →

Japanese investment bank launches $45 million fund to seed domestic ‘mega solar’ plants

Environmental Finance ($): Daiwa Securities Group has launched the Daiwa GI Green Fund, called the “Solar Fund,” with a committed capital of totally ¥5 billion (US$45 million). The two asset managers of the fund, which will invest into large-scale solar projects in Japan, are GI Capital Management and Daiwa Real Estate Asset Management. The fund […]

August 6, 2018 Read More →

More than 20 California utilities file for expansion into renewables, storage

S&P Global Intelligence ($): The filings with the California Public Utilities Commission include plans for tens of thousands of megawatts of additional renewable energy and energy storage, and charging infrastructure for several million electric vehicles. The proposals are part of the new integrated resource planning (IRP) process created by a 2015 law that set California’s […]

August 3, 2018 Read More →

Alliant Energy to eliminate coal generation in Iowa and Michigan, invest $2 billion in renewables

Utility Dive: Alliant Energy on Thursday issued its Corporate Sustainability Report (CSR), revealing a plan to eliminate coal use and cut emissions 80% by 2050. The company will spend more than $2 billion on new renewable energy, and will double its number of wind sites from six to a dozen. Renewables will make up more […]

August 3, 2018 Read More →

Global trillion-watt milestone for renewables seen as ‘the first of many’

Bloomberg News: Global wind and solar developers took 40 years to install their first trillion watts of power generation capacity, and the next trillion may be finished within the next five years. That’s the conclusion of research by Bloomberg New Energy Finance, which estimated the industry reached the 1-terrawatt milestone sometime in the first half […]

August 2, 2018 Read More →