Renewables

IEEFA Research

IEEFA Report: A Renewables Path to Japanese Energy Security in a Post-Nuclear Era

IEEFA Report: A Renewables Path to Japanese Energy Security in a Post-Nuclear Era

Eliminating High-Risk Dependence on Imported Fuels; Exploiting Domestic Technology Advantages; Avoiding Stranded Assets in Misguided Coal Projects

We’ve just published a report that details how Japan’s post-nuclear electricity-generation economy can be viably retooled around renewable energy. Our report—“Japan: Greater Energy Security Through Renewables: Electricity Transformation in a Post-Nuclear Economy”—emphasizes the potential for national energy security through renewables, most especially wind and solar. This report documents how government policies adopted in the wake […]

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IEEFA Norway: Why the World’s Biggest Sovereign Wealth Fund Should Invest in Global Renewable Energy Infrastructure

IEEFA Norway: Why the World’s Biggest Sovereign Wealth Fund Should Invest in Global Renewable Energy Infrastructure

The Sector is Growing, Returns Are Reliable, the Outlook is Positive

We published a report this morning that highlights how Norway is at a historic crossroads in how it manages some of its vast national wealth bound up in the Government Pension Fund Global (GPFG). Indeed, GPFG is facing an unusually opportune moment this summer, as Parliament considers whether to enact a mandate that would have […]

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IEEFA U.S. Coal Outlook 2017: Short-Term Gains Muted by Prevailing Weaknesses in Fundamentals

IEEFA U.S. Coal Outlook 2017: Short-Term Gains Muted by Prevailing Weaknesses in Fundamentals

Production Declining by as Much as 40 Million Tons; Prices Failing to Benefit Shareholders or Stimulate New Investment; Anemic Exports; Little or No Gain From Regulatory Relief; Increasingly Dim Employment Prospects

We’re out this morning with our annual outlook for U.S. coal markets, and the picture isn’t pretty. We see the potential for some short-lived strength in the current uptick for coal producers but the title of our assessment sums up the larger view: “Short-Term Gains Will Be Muted by Prevailing Weaknesses in Fundamentals.” You can […]

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IEEFA Report: China Set to Dominate U.S. in Global Renewables Boom; $32 Billion in Overseas Investments in 2016 Alone

World’s 2nd-Biggest Economy Is Bankrolling Far More Projects, and in More Countries; Gap Will Widen If Trump Administration Delivers on Policy Intentions; ‘Clean Energy Isn’t a Sector to Turn Away From’

Jan 6, 2017 (IEEFA.org) – China will likely expand its dominance of the booming global renewable- and clean-energy industries as new American energy policies come into play, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). “The change in leadership in the U.S. is likely to widen China’s global […]

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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 Year in Review 2016

2016 Has Been a Year of Rapid Change and Gathering Momentum in Global Energy Markets

The global transition to renewables is accelerating The pace of change is happening faster than most predicted Those being left behind are facing increasing financial risks Nov. 4, 2016—Ahead of the opening of COP22 in Morocco, the Institute for Energy Economics and Financial Analysis (IEEFA) published a report today documenting key trends and milestones in […]

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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 Questions PREPA’s ‘Misguided’ Electric Plan for Puerto Rico; Notes High Risks and Costs; Sees Perpetuation of Import Addiction

Call for Energy Independence in U.S. Commonwealth

‘Extraordinarily Short Shrift to the Potential for Renewable-Energy Development and for Energy-Efficiency Improvements’ CLEVELAND, May 2, 2016 (IEEFA) — The Institute for Energy Economics and Financial Analysis has filed public comments recommending that the Puerto Rico Electric Commission reject the Puerto Rico Electric Power Authority’s plan to rebuild the island’s electricity system. The comments, which […]

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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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US$100 Billion in New Renewable Investments in 2015 Power India’s Energy Transition

US$100 Billion in New Renewable Investments in 2015 Power India’s Energy Transition

Nov. 12, 2015 (IEEFA) — Investments worth more than US$100 billion over the past eight months are driving an unprecedented shift to renewable energy in India, according to a major new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report—India’s Electricity Sector Transformation—charts the accelerating influx of global capital into India […]

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More News and Commentary

Little Effect Seen in Trump Energy-Policy Rhetoric

Deutsche Welle: Trump signed an executive order that removes several restrictions on fossil fuel production. It was a move that broke with leaders across the world who are embracing cleaner energy sources, and was met with cries of protest internationally. The order has kept to Trump’s campaign pledge to undo former-president Barack Obama’s efforts to curb global warming, by […]

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Energy Job Trends Favor Solar

New York Times: Last year, the solar industry employed many more Americans than coal, while wind power topped 100,000 jobs. Those numbers come from a Department of Energy report published in January by the Obama administration that provides the most complete picture available of American energy employment. In 2016, 1.9 million Americans were employed in […]

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China Wind Generation Up 26% in First Quarter of 2016

Xinhau News Agency: China’s installed wind power capacity continued to grow in the first quarter this year, according to the National Energy Administration (NEA). China had 151 million kilowatts of installed wind power capacity as of the end of the first quarter, up 13 percent year on year. Provinces of Qinghai, Shaanxi, Henan and Hebei […]

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Saudis Announce $50 Billion Shift to Renewables

Bloomberg News: Saudi Arabia will develop 30 solar and wind projects over the next 10 years as part of the kingdom’s $50 billion program to boost power generation and cut its oil consumption. The world’s biggest exporter of crude oil will produce 10 percent of its power from renewables by 2023, Energy Minister Khalid Al-Falih […]

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IEEFA Update: Even Without Tax Credits, Prices for U.S. Wind and Solar Are on a Downward Slope

IEEFA Update: Even Without Tax Credits, Prices for U.S. Wind and Solar Are on a Downward Slope

By the Early 2020s, Unsubsidized Wind and Solar Prices Will Beat the Variable Costs of Operating Coal and Natural Gas Plants

Wind and solar power purchase agreement (PPA) prices have declined dramatically in recent years, establishing a trend that continues. The levelized prices for power from utility-scale solar projects (5 MW and larger) declined by 73 percent from a capacity-weighted average of $154.20 levelized (in real $2015 dollars) in 2009 to an average of $41.10 per […]

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Cost Declines for Renewables Continue

ComputerWorld: Last year, the average “levelized cost” or total cost of generating power from solar worldwide dropped 17% percent, onshore wind costs dropped 18% and offshore wind turbine power costs fell 28%, according to a new report from the United Nations and Bloomberg New Energy Finance (BNEF). “After the dramatic cost reductions of the past […]

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Wind ‘Pushing Coal Off the Grid’ in Texas

Scientific American: Wind generation accounted for nearly 23 percent of power generation for the Electric Reliability Council of Texas (ERCOT) in the first quarter of 2017, the Lone Star State grid operator said this week. The announcement marks the highest quarterly wind penetration in ERCOT’s history and underscores the market challenges facing the coal industry […]

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IEEFA Media Monitor: The Weight of Fact Versus Fiction

As New Energy-Policy Propaganda Spews Forth From Washington, the Truth Finds an Audience Too

While a new regime of Washington policymakers is working hard to—what’s the word, bamboozle/reeducate/distract?—Americans on the energy transition gaining momentum nationally, an informed backlash is taking root. The New Republic has some fun with what’s happening in a piece published yesterday by Emily Atkin that talks about how Scott Pruitt, the new EPA director, chose “for […]

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On the Blogs: U.S. ‘Slowly but Steadily Decarbonizing’

Vox: Electricity generation is down by 2.5 quads since 2010. The big loser there is coal, which is down from 21 quads to 14.2. The big winner (thanks to the fracking revolution) is natural gas, up by 3.5 quads. Notable runners-up: wind, up by 1.2, and solar, up by 0.45. To focus in even closer, […]

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Solar Emerges in West Virginia

American Prospect: It’s taken awhile to get Solar Holler off the ground. So far, crowdfunding has produced nearly 80 kilowatts of solar energy across West Virginia, enough to power only ten homes—but the company is rapidly expanding. In 2017, Solar Holler expects to install a minimum of 750 kilowatts, equal to nearly a sixth of […]

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