Australia

IEEFA Research

IEEFA: Emissions and Qatar are neglected risk factors in Woodside’s Scarborough project

IEEFA: Emissions and Qatar are neglected risk factors in Woodside’s Scarborough project

With ASX enforcing continuous disclosure provisions gas companies must release modelling on carbon price sensitivity

14 April 2021 (IEEFA Australia): Investors are in the dark about the financial implications of emissions from Woodside’s proposed Scarborough gas field in the North West Shelf offshore in Western Australia as the company has yet to release its carbon price sensitivity modelling, finds a new report by the Institute for Energy Economics and Financial […]

IEEFA: What India can learn from Australia’s distributed energy transformation

IEEFA: What India can learn from Australia’s distributed energy transformation

Combining rooftop solar with batteries and electric vehicles is in India's near-future

31 March 2021 (IEEFA India): Policy makers and regulators must build the framework required for combining rooftop solar with battery storage and electric vehicles to meet Prime Minister Narendra Modi’s vision for a sustainable, energy-secure future, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). In addition to the […]

IEEFA: Santos’ Barossa gas field emissions create major risks for shareholders 

IEEFA: Santos’ Barossa gas field emissions create major risks for shareholders 

With export markets' changing expectations, investors and industry beware

31 March 2021 (IEEFA Australia): Santos’ proposed offshore Barossa gas field near Darwin, Northern Territory has the unfriendly tag of having more carbon dioxide than any gas currently made into LNG, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The gas contains so much CO2 that most of it […]

IEEFA: Folly of wasting Australian taxpayer cash on Beetaloo gas 

IEEFA: Folly of wasting Australian taxpayer cash on Beetaloo gas 

Australia’s economic recovery from COVID-19 heading to a 'dead end'

The Australian Government’s obsession with wasting taxpayers’ money on gas is leading Australia’s economic recovery from COVID-19 to a “dead end”, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report finds that all indicators show Australian consumers and the country’s main export customers will use less gas […]

IEEFA Australia: Port of Newcastle’s roadblock on the path away from thermal coal

IEEFA Australia: Port of Newcastle’s roadblock on the path away from thermal coal

Planned fossil fuel exit by the world’s largest coal port is paralysed by lending constraints and a secret NSW government deal

The Port of Newcastle’s planned exit from fossil fuels suffered further setback last month after ANZ withdrew financing from the terminal, presently the world’s largest port for exporting thermal coal. ANZ had previously been a major lender to the port, however divested its position during the latest round of refinancing of approximately A$900 million in […]

March 18, 2021 Read More →
IEEFA Australia: Preparing the grid for a future without coal, blackouts or emissions

IEEFA Australia: Preparing the grid for a future without coal, blackouts or emissions

Re-thinking how a renewables supplied electricity system can work without a reliance on inertia

19 March 2021 (IEEFA Australia): Australia’s electricity grid has always relied on coal-fired power for stability, but with more renewables coming into the mix, that needs to change, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Liddell power station in NSW is closing in 2023, Yallourn in Victoria will […]

IEEFA Australia: Coal plant closures imminent as renewable energy surges

IEEFA Australia: Coal plant closures imminent as renewable energy surges

Several coal power plants in the National Electricity Market likely to be financially unviable by 2025

24 February 2020 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility and inability to adapt to a rapid influx of renewable energy, finds a new […]

IEEFA: Over US$50 billion in gas power projects and LNG import facilities at risk of cancellation in Bangladesh, Pakistan and Vietnam

IEEFA: Over US$50 billion in gas power projects and LNG import facilities at risk of cancellation in Bangladesh, Pakistan and Vietnam

Pakistan and Bangladesh have already cancelled tenders for LNG imports

14 January 2020 (IEEFA): Emerging markets such as Vietnam, Pakistan and Bangladesh that are turning to liquefied natural gas (LNG) as a source of power are likely to be hit by higher and more volatile prices going forward, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). Author […]

IEEFA: Australia should be a net-zero emissions leader

IEEFA: Australia should be a net-zero emissions leader

Setting a target of net-zero emissions by 2050 would maximise employment, investment and export opportunities

11 December 2020 (IEEFA Australia): Australia must align itself with the global push to go carbon-neutral to maintain strong trade in a net zero emissions world, the Institute for Energy Economics and Financial Analysis (IEEFA) notes in its submission in support of a new climate change bill before the Australian parliament. The bill, introduced by Zali Steggall, […]

IEEFA Japan: ¥26 billion loss on Australian coal power plant raises questions for Sumitomo and its investors

Sumitomo’s coal policies are lagging its trading house peers and the Japanese government

23 November 2020 (IEEFA Japan): As the government of Japan’s energy policy shifts significantly and Japanese trading houses exit coal projects overseas, Sumitomo Corporation continues to develop coal power projects and has seen its thermal coal output grow according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report, […]

More News and Commentary

IEEFA: Emissions and Qatar are neglected risk factors in Woodside’s Scarborough project
and

IEEFA: Emissions and Qatar are neglected risk factors in Woodside’s Scarborough project

With ASX enforcing continuous disclosure provisions gas companies must release modelling on carbon price sensitivity

14 April 2021 (IEEFA Australia): Investors are in the dark about the financial implications of emissions from Woodside’s proposed Scarborough gas field in the North West Shelf offshore in Western Australia as the company has yet to release its carbon price sensitivity modelling, finds a new report by the Institute for Energy Economics and Financial […]

Battery storage now more cost effective than gas-fired peaker plants, research shows

Renew Economy: Big batteries have emerged as the more effective provider of peaking services within the electricity market, beating out gas generators on cost and effectiveness, new analysis published by the [Australia] Clean Energy Council has argued. Peaking generators play an important role within the electricity system, providing additional supplies of power at short notice […]

April 13, 2021 Read More →

Iberdrola begins construction at hybrid wind, solar project in South Australia

Renewables Now: Spanish utility Iberdrola SA said today it has installed the first turbine at its 317-MW hybrid wind and solar power project in South Australia. The AUD-500-million (USD 381m/EUR 320m) Port Augusta Renewable Energy Park will consist of a 210-MW wind farm and a 107-MW solar park. The project will involve the installation of […]

April 13, 2021 Read More →

Australia grid sets new record for green electricity generation

Renew Economy: Australia’s main grid reached a record level of renewables in its electricity supply, and a record level of wind and solar penetration on Sunday. The peak renewables share appears to have reached 55.9 per cent at 11.05am on Sunday morning, with wind and solar alone providing 53.4 per cent, according to the OpenNem […]

April 12, 2021 Read More →

Rooftop solar installations continue at record pace in Australia

One Step Off The Grid: Australia has notched up yet another record for rooftop solar installations, with homes and businesses around the country installing 317MW of systems in March – an all-time high for national monthly installs. The new monthly record was marked in the latest data from industry statisticians, SunWiz, taking the cumulative total […]

April 6, 2021 Read More →

Rooftop solar growth pushed Australia’s green electricity generation to almost 28% of 2020 total

Renew Economy: Rooftop solar has continued to lead the rapid growth in Australia’s renewable energy sector, with more than 3 gigawatts of new small-scale solar capacity pushing the total renewable mix to almost 28 per cent, says the Clean Energy Council. It was a record breaking year both for capacity installed (up from 2.2GW of […]

April 1, 2021 Read More →

Mining firm South32 to pay $250 million to close sale of South African thermal coal assets

Reuters: South32 Ltd will provide up to $250 million in funds to smooth the sale of its South African energy coal business to mining group Seriti Resources, the company said on Thursday. South32 will pay $200 million across a decade to partly fund costs of the environmental clean up of the mines of its South […]

April 1, 2021 Read More →
IEEFA: What India can learn from Australia’s distributed energy transformation
, and

IEEFA: What India can learn from Australia’s distributed energy transformation

Combining rooftop solar with batteries and electric vehicles is in India's near-future

31 March 2021 (IEEFA India): Policy makers and regulators must build the framework required for combining rooftop solar with battery storage and electric vehicles to meet Prime Minister Narendra Modi’s vision for a sustainable, energy-secure future, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). In addition to the […]

IEEFA: Santos’ Barossa gas field emissions create major risks for shareholders 
and

IEEFA: Santos’ Barossa gas field emissions create major risks for shareholders 

With export markets' changing expectations, investors and industry beware

31 March 2021 (IEEFA Australia): Santos’ proposed offshore Barossa gas field near Darwin, Northern Territory has the unfriendly tag of having more carbon dioxide than any gas currently made into LNG, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The gas contains so much CO2 that most of it […]

Neoen gets regulatory approval for big solar-plus-storage project in Australia

Renew Economy: Neoen’s massive plans for a 350MW solar farm and 100MW big battery in southern NSW, each ranking among Australia’s largest, have secured planning approval from NSW planning authorities, but with conditions to minimise potential environmental impacts. The Culcairn solar and battery project will see around 900,000 solar panels installed with single-axis tracking across […]

March 31, 2021 Read More →