Press Release
IEEFA: Vanguard funds destroy shareholder wealth with US$290bn in fossil fuels creating a 5.6% performance drag
A global laggard that has minimal transparency, is passive on climate, and is abrogating its fiduciary duty to best manage risk for investors
22 June 2021 (IEEFA Australia): Vanguard Group, the world’s second largest asset manager, is leaving its investors to face profound wealth destruction risks as the world’s largest investor in fossil fuels, all while insisting climate change is a priority for the company, finds a new report by the Institute for Energy Economics and Financial Analysis […]
IEEFA Energy Finance 2021 online conference starts June 14
IEEFA conference gathers leaders and experts from across sectors to explore energy transition
IEEFA’s Energy Finance Conference 2021 kicks off Monday June 14th at 1:00 pm EDT with a keynote presentation by Michael Liebreich, Chairman and CEO of Liebreich Associates (and founder of New Energy Finance, now Bloomberg NEF). Moderator: Sergio Knaebel, Sandler Foundation The conference is being held online during the weeks of June 14 and June […]
IEEFA: Powering up solar irrigation effort will support India’s renewable energy targets
States must overcome obstacles to ramp up installation of solar pumps
11 June 2021 (IEEFA India): India’s mission to deploy some 2 million off-grid solar-powered irrigation pumps is making sluggish progress, with only one-eighth of the target achieved so far, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA) which urges the central and state governments to remove bottlenecks in […]
IEEFA U.S.: ExxonMobil touts Permian Basin success but achieves mixed results
Data suggests that ExxonMobil is underperforming in the Permian Basin
June 9, 2021 (IEEFA) – ExxonMobil’s claims that its Permian Basin oil and gas reserves are world-class will need the immediate attention of the new board, according to a new analysis by the Institute for Energy Economics and Financial Analysis (IEEFA). In recent investor presentations, ExxonMobil has highlighted the superior performance of its oil wells […]
IEEFA India: Electricity derivatives will offer more certainty of power offtake for renewable investors
Sale of electricity in the futures market will benefit renewable energy developers and distribution companies
9 June 2021 (IEEFA India): The introduction of derivatives to India’s short-term power market will make it easier for renewable project developers to enter into offtake arrangements with state-owned distribution companies (discoms), finds a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “The launch of new financial instruments will enable […]
IEEFA: A loss of excise tax revenue should not stall the uptake of electric vehicles in Australia
More pragmatic focus would be incentivising industry and modernizing the grid
8 June 2021 (IEEFA Australia): A new tax on EV users is unnecessary as the Australian (Commonwealth) government is well placed to deal with the potential revenue impact of the inevitable move to electric vehicles, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). Global automotive manufacturers have committed almost […]
IEEFA: New coal-fired power plants in India will be economically unviable
Coal capacity additions face major stranded asset risk
4 June 2021 (IEEFA India): Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under construction and another 29GW in the preconstruction stage will end up stranded, according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). “Coal-fired power simply cannot compete with the ongoing cost reductions […]
IEEFA: Zero to 60% in 14 years – South Australia’s success in transitioning to renewables
Seven important lessons for energy planners around the globe in transitioning grids from fossil fuels to renewables
3 June 2021 (IEEFA Australia): South Australia offers vital lessons for other jurisdictions transitioning from a fossil fuel-based electricity grid to a low emissions, high renewables grid, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “The proportion of South Australia’s electricity demand met by large scale and small scale variable […]
IEEFA: Nuclear power euphoria in Indonesia is all smoke and mirrors with no current technical, financial or market viability
Renewables should be the focus of Indonesia’s net-zero pledge
2 June 2021 (IEEFA Indonesia): In growing energy markets like Indonesia, decision makers are facing a barrage of pro-nuclear media coverage as the nuclear industry floods the market with panels and webinars focused on the potential of nuclear power. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) highlights that while […]
IEEFA: Gas power plants assuming a constant capacity factor are being financially overvalued
Investors beware, capacity factor trends and LCOE analysis show gas-fired power plants likely to be stranded assets into the future
24 June 2021 (IEEFA Australia): The Australian government may be relying on inaccurate financial assumptions for its gas-fired recovery as most gas- and coal-fired power plants in Australia, the UK, the U.S. and China are being operated less and less – what’s called a declining capacity factor, finds a new report by the Institute for […]