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IEEFA Research

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

Mature, cost-competitive recycling technology offers an immediate opportunity for emissions reductions

17 December (IEEFA Australia): Investors are increasingly pressuring global steel companies to set out credible decarbonisation plans and these demands will only intensify. A significant trend that will lower emissions will be the expansion of scrap steel recycling, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Steel recycling is […]

IEEFA: Indonesia’s excess coal power capacity and PLN’s debt burden are blocking their decarbonization pathway

IEEFA: Indonesia’s excess coal power capacity and PLN’s debt burden are blocking their decarbonization pathway

Financial giants Japan and China can play a critical role in Indonesia’s green energy transition

18 November (IEEFA Indonesia): Japanese and Chinese investors combined have a 41% ownership interest in Indonesia’s coal independent power producer projects. According to the latest report from the Institute for Energy Economics and Financial Analysis (IEEFA), financial giants Japan and China are responsible for Indonesia’s excessive coal power expansion over the past 15 years, but […]

IEEFA U.S.: Shortage of high-quality sites threatens future Bakken oil and gas production

IEEFA U.S.: Shortage of high-quality sites threatens future Bakken oil and gas production

Decline in top-tier wells forces shift to less-productive Bakken oil and gas regions

November 3, 2021 (IEEFA) — A shortage of high-quality drilling sites poses a long-term risk to oil production in the Bakken formation, according to an analysis by the Institute for Energy Economics and Financial Analysis (IEEFA). Since the Bakken boom began 13 years ago, producers have focused on core areas where horizontal wells provide easier […]

IEEFA U.S.: Skyrocketing plastics prices a major concern for public health, economy

IEEFA U.S.: Skyrocketing plastics prices a major concern for public health, economy

An ‘essential industry’ to the U.S. economy runs in the dark

October 18, 2021 (IEEFA) — Despite its growing importance to the U.S. economy, the nation’s plastics industry remains a heavily concentrated sector taking advantage of an opaque, unregulated price-setting mechanism to bolster profits for major oil and gas companies, as well as plastic producers. The sector, which has increased prices throughout the year, was deemed […]

IEEFA: Defying global financial trends, Vietnam pivots back to coal power

IEEFA: Defying global financial trends, Vietnam pivots back to coal power

Latest draft power development plan puts clean energy transition at risk by sacrificing renewables for more coal

29 September (IEEFA Vietnam): In the lead up to the United Nations Climate Change Conference COP26, President Xi Jinping recently declared that China will no longer build new coal-fired power projects abroad. Despite limited details, the ramifications of China’s coal exit strategy for coal-centric developing economies like Vietnam could be immense. Before President Xi’s announcement, […]

and September 29, 2021 Read More →
IEEFA: Guyanese oil deal tax incentives raise income reporting concerns

IEEFA: Guyanese oil deal tax incentives raise income reporting concerns

Government pays annual income taxes for ExxonMobil, Hess and CNOOC

September 28, 2021 (IEEFA) — Guyana is giving tax breaks worth at least USD$1.7 billion over five years to three of the world’s largest oil companies, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA). Tax concessions granted to ExxonMobil, Hess and the China National Offshore Oil Company (CNOOC) by […]

and September 28, 2021 Read More →
IEEFA U.S.: Texas confronts decline in oil and gas industry

IEEFA U.S.: Texas confronts decline in oil and gas industry

Analysis of long-term trends indicates slower growth, fewer jobs and lower tax contributions

July 28, 2021 (IEEFA) ⎼ Texas policymakers, regulators and public opinion have long held that “what’s good for oil is good for Texas.” But Texas’s economy has become more broad-based and the oil and gas sector’s proportionate contribution has declined. State leaders face a new set of facts on the ground about the future of […]

IEEFA: Uncertainty surrounds U.S. liquefied natural gas export projects in emerging Asia

Significant market risks and shifting U.S. policies could undermine LNG project ambitions in the region

July 8, 2021 (IEEFA) ⎼ Potential trade and climate policy shifts in the U.S. are raising questions about the viability of several ambitious liquefied natural gas (LNG) projects planned for emerging Asian markets, according to a recent report by the Institute for Energy Economics and Financial Analysis (IEEFA). New LNG import project sponsors in the […]

IEEFA: Gas power plants assuming a constant capacity factor are being financially overvalued

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 […]

IEEFA: Chinese regulators urged to tighten rules for carbon neutral bonds

IEEFA: Chinese regulators urged to tighten rules for carbon neutral bonds

Bond proceeds going to coal-dominated state-owned enterprises – ESG investors beware

1 June 2021 (IEEFA): China’s carbon neutral bonds fail to restrict the use of funds to green projects and are adding to the working capital of coal-dominated state-owned enterprises (SOEs), according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) which calls for deeper reforms to green finance standards […]

More News and Commentary

Wind power becomes main source of electricity generation in Spain

ReNews.biz: Last year wind power was the main source of electricity generation in Spain, the country’s wind association AEE has revealed.  The closing figures for 2021 found that wind technology has registered more than 23% of the total production in the country, the largest in the national generation mix. Furthermore, wind power is also the […]

January 13, 2022 Read More →

Projects across Galilee Basin fail to materialize as coal falls into disfavor

The Guardian: Queensland’s huge untapped Galilee coal basin was touted as a jobs and revenue bonanza by its supporters, with the potential to liberate hundreds of millions of tonnes of harmful greenhouse gases. The Galilee’s potential as a “carbon bomb” was wrapped up in a dozen or more coalmining projects and estimates of billions of […]

January 10, 2022 Read More →
IEEFA: Accepting gas as unsustainable will bolster China’s position on green energy finance

IEEFA: Accepting gas as unsustainable will bolster China’s position on green energy finance

As some green taxonomies compromise on gas, China’s own exclusion of fossil fuel electricity projects sends the right market signal

As the urgency for climate action intensifies, momentum is building to support climate-friendly energy investments. But given widespread claims of environmental sustainability, how do we ensure that green-branded businesses and products are true to label and deserving of green energy finance? This is where green taxonomies, if designed properly, can play an important role. What […]

January 5, 2022 Read More →

World’s largest floating solar farm goes online off China coast

PV Magazine: Huaneng Power International (HPI) has completed the world’s largest floating PV project – a 320 MW facility in Dezhou, in China’s Shandong province. It deployed the floating array on a reservoir near Huaneng Power’s 2.65 GW Dezhou thermal power station. It built the solar plant in two phases with capacities of 200 MW […]

January 4, 2022 Read More →
IEEFA: Risks are rising for ‘new generation’ of Australian coking coal projects
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IEEFA: Risks are rising for ‘new generation’ of Australian coking coal projects

Reluctant finance, emerging technology and climate concerns add to uncertainty over exports

It has been reported that a “new generation” of Australian coking coal projects are on the table that could add more than 100 million tonnes of coal to the seaborne market. Unlike thermal coal, which fuels coal-fired power plants, coking (or metallurgical coal) is used in blast furnaces for steelmaking. Australia is the second largest […]

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling
, and

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

Mature, cost-competitive recycling technology offers an immediate opportunity for emissions reductions

17 December (IEEFA Australia): Investors are increasingly pressuring global steel companies to set out credible decarbonisation plans and these demands will only intensify. A significant trend that will lower emissions will be the expansion of scrap steel recycling, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Steel recycling is […]

IEEFA: Deutsche Bank claims responsible climate leadership while bankrolling yet more thermal coal

Funds facilitated by Deutsche Bank will enable Whitehaven Coal to continue building greenfield coal mining capacity

A major highlight of the COP26 summit was the UN-sponsored Glasgow Financial Alliance for Net Zero Emissions reaching 450 globally significant firms that collectively manage US$130 trillion of financial assets, including Deutsche Bank. This pledge comes with a Commitment Statement to align activities with limiting global warming to 1.5°C, an interim 2030 target, prioritising areas […]

December 16, 2021 Read More →

China adds 800 megawatts of offshore wind power with two new farms

offshoreWIND.biz: China’s State Power Investment Corporation (SPIC) has commissioned two of its offshore wind farms in Rudong, bringing 800 MW of offshore wind power more to the Chinese energy mix this year. The first of SPIC’s two wind farms that make up its 800 MW Rudong Offshore Wind Project, H4, went into production on 29 […]

December 16, 2021 Read More →

WoodMac predicts global wind capacity to top 1,756 gigawatts by 2030

Renewables Now: The installed global wind power capacity is seen to surpass 1,756 GW by the end of the decade, achieving a cumulative annualised growth rate (CAGR) of 9% in the 2021-2030 period, Wood Mackenzie projects. The research and consultancy group’s outlook has changed since the previous quarter to reflect a 69-GW increase in expected […]

December 16, 2021 Read More →

HSBC says clients must have plan to exit thermal coal by end of 2023

Reuters: HSBC (HSBA.L), Europe’s leading banker to corporate Asia, laid out its long-awaited policy on financing thermal coal on Tuesday, and said it expected all its clients to have a plan in place to exit the fossil fuel by the end of 2023. Coal is contentious for governments across Asia as they look to move […]

December 14, 2021 Read More →