Renewables

IEEFA Research

IEEFA report: The Philippine energy transition

IEEFA report: The Philippine energy transition

Efforts needed to attract investment and reduce electricity prices

MANILA, March 12, 2019 (IEEFA) — Electricity prices in the Philippines are the highest in South East Asia and utilities rely excessively on imported coal and diesel, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The IEEFA report, The Philippine Energy Transition, Building a Robust Power Market, attributes […]

March 12, 2019 Read More →
IEEFA report: Indonesia’s solar policies – designed to fail?

IEEFA report: Indonesia’s solar policies – designed to fail?

Local production and other requirements discourage new adopters

JAKARTA, February 27, 2019 (IEEFA) – Indonesia’s policies are getting in the way of wider introduction of solar energy, according to a report released Feb. 27 by the Institute for Energy Economics and Financial Analysis (IEEFA). The country has lagged behind others in the region and IEEFA analysts urge introducing new regulations that encourage investment. […]

February 27, 2019 Read More →
IEEFA report: Every two weeks a bank, insurer or lender announces new coal restrictions

IEEFA report: Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100

SYDNEY, February 27, 2019 (IEEFA) – Research from the Institute for Energy Economics and Financial Analysis (IEEFA) today reveals over 100 major global financial institutions have introduced policies restricting coal funding. The report, “Over 100 Global Financial Institutions Are Exiting Coal, With More to Come,” finds global capital is fleeing the coal sector at an electrifying […]

February 26, 2019 Read More →
IEEFA Puerto Rico: PREPA privatization means crushingly high electric rates

IEEFA Puerto Rico: PREPA privatization means crushingly high electric rates

“Nonpolitical” plan is poorly regulated and likely means more corrupt contracts

The Puerto Rican government is moving full-steam ahead with a series of privatization contracts for the Puerto Rico Electric Power Authority (PREPA) that are likely to lock customers into even more expensive electric rates than they currently pay. Instead of taking this opportunity to make electricity affordable and resilient, the government plan will tie the […]

and February 1, 2019 Read More →
IEEFA report: The vanishing case for the Atlantic Coast Pipeline

IEEFA report: The vanishing case for the Atlantic Coast Pipeline

Declining demand and more affordable renewables raise new questions about viability

January 29, 2019 (IEEFA) — Diminishing consumer demand coupled with more affordable renewables are casting doubt on the overall feasibility and potential profitability of the Atlantic Coast Pipeline, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA) and Oil Change International. The report, The Vanishing Need for the Atlantic […]

January 29, 2019 Read More →

IEEFA India: Grid investment needs to match enormous growth in renewable energy investment

Infrastructure needs further modernisation, urgently

Jan. 22, 2019 (IEEFA India): With the government successfully electrifying 99% of all houses in India under the Saubhagya scheme, there is an urgent need for a hefty investment in grid transmission infrastructure to keep pace with growing low-cost renewable capacity so that new households can actually afford to buy electricity. A new IEEFA briefing […]

January 21, 2019 Read More →

IEEFA India: Improving India’s electricity sector through time-of-day pricing

Incentives should be put in place to increase network and consumer efficiencies

Jan 7, 2019 (IEEFA India): With some US$100bn of existing and proposed thermal power plants in financial distress, and low cost but variable renewable energy capacity best able to meet the ambitious targets set by government, India has an opportune moment to transform its electricity sector by introducing time-of-day pricing for both producers and consumers. […]

January 8, 2019 Read More →
IEEFA report: Pakistan could build greater energy security by increasing use of cheaper renewables

IEEFA report: Pakistan could build greater energy security by increasing use of cheaper renewables

A model to 2030 for cost-effective, cleaner, more accessible energy in Pakistan

Dec 5, 2018, LAHORE (IEEFA): A new report asserts that, as renewable energy is now the cheapest form of electricity generation in Pakistan, the government could reduce its reliance on expensive power plants and fossil fuel imports in favour of cleaner, more accessible electricity for people and businesses. The report, “Pakistan’s Power Future: Renewable Energy […]

December 5, 2018 Read More →

IEEFA Australasia: New global energy report headlines decline of coal as cheaper renewable technologies gain preference

International Energy Agency releases annual World Energy Outlook 2018 Report today

Nov. 13, 2018, SYDNEY (IEEFA): Thermal coal is fated for long-term structural decline and energy-related carbon dioxide emissions are increasing despite the Paris targets: those are the key take-outs in the International Energy Agency’s World Energy Outlook (WEO) 2018 report released today, which also finds wind and solar are now two of the top three […]

November 13, 2018 Read More →

IEEFA India: Company’s new estimates for tariffs at proposed Khurja thermal coal plant are inconsistent and unrealistic

THDC should come clean on assumptions behind revised cost of energy from Khurja plant

SYDNEY – In a report we published last week, IEEFA found that Tehri Hydro Development Corp. (THDC)’s proposed Khurja coal-fired power plant in Uttar Pradesh, India would push up the cost of electricity at a time when the country’s renewable energy options are far cheaper, accessible and more sustainable. One of the major stumbling blocks […]

and October 30, 2018 Read More →

More News and Commentary

New Mexico legislature passes carbon-free electricity mandate

Albuquerque Journal: Complex legislation that would push New Mexico toward carbon-free energy generation over the next 25 years won approval in the House on Tuesday — sending the bill to Gov. Michelle Lujan Grisham in the final days of the session. The proposal, Senate Bill 489, would authorize the use of bonds for Public Service […]

March 13, 2019 Read More →
IEEFA report: The Philippine energy transition

IEEFA report: The Philippine energy transition

Efforts needed to attract investment and reduce electricity prices

MANILA, March 12, 2019 (IEEFA) — Electricity prices in the Philippines are the highest in South East Asia and utilities rely excessively on imported coal and diesel, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The IEEFA report, The Philippine Energy Transition, Building a Robust Power Market, attributes […]

March 12, 2019 Read More →

IEEFA Op-ed: Pakistan’s energy pathway under the spotlight

Major seaborne thermal coal importer with untapped renewables potential

With Chinese thermal coal imports set to go into decline, coal exporters are depending on countries like Pakistan to pick up the slack. Pakistan is expanding its electricity generation capability with Chinese financed and built power plants. China’s role in Pakistan’s infrastructure roll-out, known as the China-Pakistan Economic Corridor (CPEC) is a key part of […]

Insiders optimistic about European solar growth

S&P Global Market Intelligence ($): European solar power developers can look forward to a golden age in the coming years, with supportive trade policies and a new regulatory framework potentially doubling new installations of photovoltaic capacity in 2019 and 2020, according to industry insiders. “We are looking forward to a real bright future,” Christian Westermeier, […]

March 8, 2019 Read More →

Statkraft plans 1GW virtual power plant in U.K.

Renew Economy: Global hydropower and European renewable energy giant Statkraft announced Tuesday plans to build what it is calling the United Kingdom’s first virtual power plant to integrate wind, solar, battery storage, and gas which will have over 1 GW of power. Statkraft explained on Tuesday that the new virtual power plant will monitor the […]

March 8, 2019 Read More →

Latest Microsoft deal pushes clean power portfolio to 1.3GW

CNBC: Microsoft has signed a 15-year power purchase agreement for the energy produced by a 74-megawatt solar power facility in North Carolina. The Wilkinson Solar Energy Center will be built, owned and operated by Invenergy, the companies said in a joint announcement Wednesday. The deal means that Microsoft’s renewable energy portfolio will stand at more […]

March 8, 2019 Read More →

U.K. looks to boost offshore wind capacity to 30GW by 2030

Reuters: Britain plans to generate a third of its electricity from offshore wind farms by 2030 and boost the value of exports of offshore wind services and equipment to 2.6 billion pounds ($3.4 billion) a year, the government said on Thursday. Britain, which aims to lift industrial productivity as it leaves the European Union, is […]

March 7, 2019 Read More →

Western Australian government backs ongoing transition from coal to renewables

Renew Economy: Western Australia’s Labor government says it is drawing up plans to facilitate the shift from coal to a grid dominated by renewables, and will develop a “whole of system” plan as well as a strategy to cope with the dramatic uptake of rooftop solar and battery storage. The plan was unveiled on Wednesday […]

March 7, 2019 Read More →

One of Germany’s four transmission grids topped 56% renewable load in 2018

Renew Economy: German transmission system operator 50Hertz, one of four in the country, says that over 2018 well more than 50 per cent of the electricity consumed in the company’s grid area was generated by renewable energy sources. 50Hertz announced last Tuesday that 56.5% of the electricity consumed in 2018 across its grid area was […]

March 6, 2019 Read More →

Coal phase-out bill moves forward in New Mexico

Albuquerque Journal: A bill to make New Mexico’s electricity generation 100 percent carbon-free by 2045 is headed to the Senate floor following a “do-pass” vote Monday in the eight-member Corporations and Transportation Committee. The committee voted 5-2 along party lines to support the bill, with two Republican senators opposing. Sen. Pat Woods, R-Broadview, recused himself […]

March 5, 2019 Read More →