Geography

More News and Commentary

IEEFA: As fossil fuel prices skyrocket globally, renewables grow steadily cheaper

IEEFA: As fossil fuel prices skyrocket globally, renewables grow steadily cheaper

Stability of renewables an antidote to the volatility of gas and coal

While volatile energy commodity prices have been sharply increasing globally, renewable technologies have been steadily decreasing.  Over the last decade, the cost of electricity from utility-scale solar PV has fallen by 85 percent, concentrating solar power (CSP) by 68 percent, onshore wind by 56 percent and 48 percent for offshore wind, according to the International […]

Norway fund poised to insist stocks set targets for emission reductions

Bloomberg Green ($): The world’s biggest owner of publicly traded stocks, Norway’s sovereign-wealth fund, is about to get the political go-ahead to insist that all companies in its portfolio have clear targets for cutting CO2 emissions. Norway’s Labor Party, which this month won elections that focused on the country’s fossil-fuel dependence, has made clear it […]

September 27, 2021 Read More →

PennEast announces cancellation because of state permit issues

E&E News ($): The PennEast pipeline will no longer go forward, the project’s developer announced today, just three months after landing a key win before the Supreme Court. PennEast Pipeline Co. LLC said it did not have the necessary permits to continue with the 116-mile project, which was designed to carry natural gas from Pennsylvania […]

September 27, 2021 Read More →

ACWA mulling bond issues to finance renewable energy projects

Reuters: ACWA Power, which is partly owned by Saudi Arabia’s PIF sovereign wealth fund, will look at issuing green bonds starting next year to finance some of its renewable energy projects, its chief executive said on Monday. ACWA Power already has five projects certified for green finance, which together will require just under $10 billion […]

September 27, 2021 Read More →

South Australia rooftop solar closer to providing 100% of demand

Renew Economy: Rooftop solar PV has a few important new benchmarks in South Australia, contributing 84.4 per cent of total energy demand on Sunday afternoon, as well as setting a new low for minimum “operational demand”. The 84.4 per cent rooftop solar share was set in a five minute interval at 1.15pm, on a mild […]

September 27, 2021 Read More →

Tokio Marine to stop underwriting, financing new coal mining projects

Nikkei Asia ($): Tokio Marine Holdings will stop underwriting and financing new coal mining projects that generate thermal power in Japan and abroad from October, Nikkei has learned, a move likely to be followed by other domestic insurers. Without insurance against accidents, natural disasters, fires and construction-related mishaps, coal miners will find it hard to […]

September 27, 2021 Read More →
IEEFA: High stakes for Asian Development Bank’s ambitious coal power retirement plan
, and

IEEFA: High stakes for Asian Development Bank’s ambitious coal power retirement plan

Implementation challenges could block funding for other equally important high impact clean energy funding strategies

24 September 2021 (IEEFA Asia): In the lead up to the United Nations Climate Change Conference COP26, the Asian Development Bank (ADB) announced a plan to speed up the retirement of high emissions coal-fired power plants in Southeast Asia. This announcement sets the stage for a transformation of the Asian multilateral development bank’s (MDB) role […]

IEEFA: A circular economy can support India’s push for clean energy and self-reliance
and

IEEFA: A circular economy can support India’s push for clean energy and self-reliance

End-of-life solar panels and batteries contain valuable raw materials for the clean energy transition

23 September 2021 (IEEFA India): The adoption of a ‘circular’ approach to managing end-of-life solar photovoltaic (PV) modules, wind blades and batteries would reduce future wastage of the high-value, critical raw materials needed for India’s massive clean energy transition, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The […]

BLM reports more than 40 pending renewable projects on public lands

E&E News ($): The Bureau of Land Management currently has more than 40 renewable energy projects in the permitting pipeline, making significant inroads toward meeting President Biden’s onshore green energy goal, a senior Interior Department official said today. These proposals comprise 23 solar, four wind and five geothermal power projects, as well as five transmission […]

September 24, 2021 Read More →

Natural gas plants accounted for majority of Texas winter storm failures

The Hill: While some politicians sought to blame renewable energy for deadly power disruptions in February, a new report from two key agencies shows that natural gas was also a major factor.  The new preliminary report found that of the 1,045 generators that experienced outages, reductions or failures to start, 604 of them  — or […]

September 24, 2021 Read More →