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IEEFA Research

IEEFA Australia: Investing in renewable energy will repower aluminium and heavy industry sectors

IEEFA Australia: Investing in renewable energy will repower aluminium and heavy industry sectors

Study shows Gladstone’s aluminium smelter crucial in decarbonisation and jobs drive

15 September 2020 (IEEFA Australia) – Australia’s failing aluminium sector could move to low-cost, zero-emissions electricity and invest in plant modernisation to support demand response management supplying local heavy industry, according to a new report from the Institute of Energy Economics and Financial Analysis (IEEFA). Putting a lens on the industrial energy demand hub of […]

and September 14, 2020 Read More →

IEEFA report: Transition planning a must as South Africa’s export markets pivot away from thermal coal

New energy technology replacing coal-fired power faster than predicted

16 September 2019 (IEEFA South Africa) ‒ South African coal exports are approaching long-term decline, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA) out today. Author of the report Simon Nicholas, energy finance analyst with IEEFA, says the sector needs to come to terms with the prospect of fading […]

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IEEFA Canada: Teck’s possible met coal exit an ominous sign for U.S. coal companies

IEEFA Canada: Teck’s possible met coal exit an ominous sign for U.S. coal companies

Overseas demand, high prices and climate issues give Teck cover for met coal exit

Teck Resources, the Canada-based copper, zinc and coal mining company that is one of the biggest exporters of steelmaking coal in the world, is considering selling or spinning off its metallurgical coal operations, according to a Sept. 14 Bloomberg report. Any divestment of its big coal mines in British Columbia could be a signal that […]

September 21, 2021 Read More →
IEEFA Update: Why Australia is a bigger carbon pariah than we think

IEEFA Update: Why Australia is a bigger carbon pariah than we think

Counting carbon-based exports burned and smelted by others makes Australia the world’s third largest emitter. We can’t disown them as easily as all that.

The Glasgow summit on climate change is looming, and we continue to see Australia pretending to be a small emitter of carbon dioxide on the global stage. It is not by any means. It’s all about Scope III emissions. A subject that Australian governments don’t want to hear about. Both sides of politics are no better […]

AGL selects Wartsila to build first big battery of series at Torrens Island

Renew Economy: Australian energy giant AGL has chosen Finland-based technology group Wärtsilä to build a 250MW big battery at Torrens Island near Adelaide, the first of what is expected to be a massive rollout of large scale battery storage by the company across the country. The 250MW big battery, sized initially at one hour storage […]

August 9, 2021 Read More →

AEMO focuses on battery inverter equivalent of ‘analogue to digital’

Renew Economy: In the electricity world, it’s about as significant as the transition from analogue to digital, and Australia’s market operator has now openly admitted that the key to the country’s “once in a lifetime” energy transition will be found in advanced grid-scale inverters. The Australian Energy Market Operator on Thursday published a “white paper” […]

August 5, 2021 Read More →

Banpu announces end to new coal developments, shift to clean energy

Nikkei Asia: Thailand’s biggest coal producer, Banpu, will no longer start any new coal developments as the company pivots toward green energy, company CEO Somruedee Chaimongkol said in an interview. “We will only produce from our organic reserve that we have,” said Somruedee. “We have no plan to invest more in the coal mine assets.” […]

July 7, 2021 Read More →

Lumea announces plans for first unsubsidized big battery in Australia

Renew Economy: Lumea, the commercial offshoot of transmission company TransGrid, has announced plans for a 300MW big battery in Melbourne that it is describing as a “first of its kind” in Australia because it will be the first to be fully financed without using government funding or contracts. The 300MW battery at the Deer Park […]

July 6, 2021 Read More →

Alinta plans WA solar+battery farm to set new benchmarks for Australia

Renew Economy: Energy utility Alinta has unveiled plans for a 90MW solar farm and a four-hour big battery near Port Hedland in Western Australia, part of a major new power play that will set new benchmarks for solar and battery storage   in Australia. The plans are for a 90MW solar farm near Port Hedland […]

June 29, 2021 Read More →

Australia rejects planned 26GW renewable energy hub

Bloomberg ($): One of the world’s biggest fossil fuels exporters rejected a proposal to build a massive renewable energy hub over concern about its environmental impact. The Asian Renewable Energy Hub, which planned 26-gigawatts of wind and solar generation to produce hydrogen and ammonia, would have disrupted tidal movements and impacted the habitats and lifecycle […]

June 21, 2021 Read More →
IEEFA Update: G7 coal finance exit and why it matters for India

IEEFA Update: G7 coal finance exit and why it matters for India

While India doesn’t rely on export credit finance to fund new coal plants, there are material implications

The commitment by the Group of Seven (G7) nations, along with several other European Union nations, to stop international financing of coal power projects by the end of this year is another strong step towards putting the world on a path to limit global warming to 1.5-2.0°C. The agreement follows the International Energy Agency’s (IEA) […]

May 28, 2021 Read More →

IEEFA: Whitehaven’s Vickery coal folly

Company’s shareholder wealth destruction is extreme and ongoing

Whitehaven Coal has long set its strategic direction on the implicit assumption that the world would fail to deliver on the Paris Agreement. Its investor communications and Board strategies have largely ignored and more recently downplayed this key financial and strategic risk. The financial market however is not so blind. The shares of Whitehaven Coal […]

April 28, 2021 Read More →