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IEEFA India: New record with renewable energy installations 40 times higher than thermal

India experienced a doubling of installed renewable capacity in less than three years

SYDNEY–During the first nine months of 2018/19 renewable energy capacity was installed at a rate forty times higher than net new thermal capacity in India. At this juncture certain adjectives come to mind, including historic, unprecedented, transformational, problematic and unsustainable. This post aims to detail what has changed in India, and why all of these […]

and January 29, 2019 Read More →

IEEFA U.S.: The federal government’s updated electricity-generation forecast seems already outdated

A more reality-based outlook than before, but still behind the curve

The Energy Information Administration’s release this week of its Annual Energy Outlook includes indications that the agency is beginning to incorporate rapid price renewables-sector declines into its market modelling. But the outlook—like those at the agency that have come before it—still appears out of touch with structural declines in coal and, notably, not very well […]

January 25, 2019 Read More →

IEEFA U.S.: The gathering solar wave

Sleeping giant of a market is waking up

Announcing last week that it would create the largest regulated utility-scale solar footprint in the world, Florida Power & Light signaled its intentions to nudge the Sunshine State away from its ironically dubious reputation as a renewable-energy laggard. The initiative will add 30 million solar panels, five times the state’s current solar capacity, easing its […]

and January 24, 2019 Read More →

IEEFA China: Lender of last resort for coal plants

Continued support for coal power across Asia erodes China’s clean energy leadership

January 22, 2019 (IEEFA Hong Kong): While financial institutions around the world are moving away from coal to limit exposure to increasing stranded asset risks, a new report by the Institute for Energy Economics and Financial Analysis finds global renewable energy champion China is simultaneously funding over one-quarter of coal plants currently under development outside […]

January 22, 2019 Read More →
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