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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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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 →

Small energy companies betting against quick energy transition

Wall Street Journal ($): For all the talk of a transition away from fossil fuels, players in the energy sector are still willing to bet there is more money to be made in oil and coal. Major oil companies such as BP PLC and Royal Dutch Shell PLC are selling billions of dollars of assets […]

April 26, 2021 Read More →
IEEFA Australia: Investing in renewable energy will repower aluminium and heavy industry sectors
and

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 →

NSW’s bullish coal export plan defies the global market realities

Appropriate post-coronavirus energy investment will both lower power prices and support jobs

The NSW government’s new strategic statement on coal exploration and mining has been unveiled, just as COVID-19 accelerates the energy transition away from fossil fuels. The statement optimistically maintains that global demand for thermal coal will only drop by one-tenth by 2050. Furthermore, the government is expecting that Australian thermal coal exports will be protected […]

Investor groups broaden efforts to force companies to reflect climate risks in financial statements

Reuters: Investors managing £1.8 trillion ($2.2 trillion) in assets are widening a campaign pressing oil majors to better reflect climate risks in their accounting and will soon target other businesses with heavy fossil fuel exposure, the group said on Monday. The investors believe their campaign is working, noting the “hugely important” news of BP joining […]

June 23, 2020 Read More →
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IEEFA: How aluminium smelters can help decarbonise Australia’s industrial economy

A great time to invest to revitalise Australian heavy industry and grow jobs

11 June 2020 (IEEFA Australia): Australia’s industrial economy is at a crossroads: invest to improve international competitiveness or decline along with fossil fuels.  That is the message in a new report from the Institute for Energy Economics and Financial Analysis (IEEFA) that argues Australia has the potential to become a much more significant economic power […]

IEEFA update: Australia’s aluminium smelters need a technology retrofit to offer demand response capacity

IEEFA update: Australia’s aluminium smelters need a technology retrofit to offer demand response capacity

Profiting from the further adoption of cheap but variable renewable energy in Australia’s grid

Australia is facing an ongoing energy crisis in the face of a technology driven market disruption. In addition to ongoing and destabilising policy uncertainty, an ageing and increasingly unreliable coal-fired power station fleet is losing cost competitiveness as subsidised coal supply contracts expire and the market pivots from the now entirely outdated baseload concept towards […]

February 26, 2020 Read More →

IEEFA update: South Korea’s KEPCO writes off A$680m Bylong Coal Project in Australia

NSW Minerals Council increasingly detached from major miners’ reality

The NSW Minerals Council is increasingly out of step with big miners despite an apparent win after lobbying the NSW Government in the wake of the Bylong coal mine refusal. The Minerals Council campaigned to remove Scope 3 emissions – emissions burnt overseas from exported Australian coal – from planning assessment considerations after the NSW […]

February 12, 2020 Read More →