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IEEFA Australia: It was a gas while it lasted but the love affair is over

It’s past time to move on from gas as a fuel source in Victoria

IEEFA Australia: It was a gas while it lasted but the love affair is over

Victoria has had a long and enduring love affair with gas. Fossil gas has been used to heat Victorian homes and cook meals since the days when the Bass Strait produced a cheap and plentiful supply. And the State is currently assessing whether it will be the first in Australia to approve an expensive LNG […]

and November 17, 2020 Read More →

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IEEFA update: Peabody Energy flirts with bankruptcy—again

Bear market for coal, new financial pressures push world’s largest coal company towards default

IEEFA update: Peabody Energy flirts with bankruptcy—again

Just three-and-a-half years after emerging from its previous bankruptcy, Peabody Energy—the world’s largest private coal miner—admitted to investors on Monday that it could face yet another trip to bankruptcy court in the coming months. Coal bankruptcies in the United States have become increasingly common. Cheap gas and renewable power have steadily replaced coal in the […]

and November 12, 2020 Read More →

IEEFA: Solar is the new ruler of the Indian electricity market

Despite the pandemic, investor interest in India’s renewables market remains robust

IEEFA: Solar is the new ruler of the Indian electricity market

The International Energy Agency’s (IEA) World Energy Outlook 2020 forecasts India to lead the recovery of global energy demand out of the COVID-19 pandemic for the coming decade. However, the IEA has downgraded its projection for the global energy demand growth rate to 9% from its pre-COVID forecast of 12% for the period 2019 to […]

November 12, 2020 Read More →

IEEFA: High fossil fuel costs and unnecessary power developments like Lamu will lead to expensive electricity bills for Kenyans

Kenya should make the most of its abundant renewable energy resources and reduce costs for consumers

IEEFA: High fossil fuel costs and unnecessary power developments like Lamu will lead to expensive electricity bills for Kenyans

The belated release of Kenya Power’s financial results for the year ended 30 June 2019 confirmed what was already known – that new renewable energy installations have replaced thermal power in Kenya’s energy mix. New power generation from the Lake Turkana Wind Power project – the largest wind power installation in Africa – resulted in […]

November 11, 2020 Read More →
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