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IEEFA Research

IEEFA: From zero to fifty, global financial corporations get cracking on major oil/gas lending exits

IEEFA: From zero to fifty, global financial corporations get cracking on major oil/gas lending exits

Accelerating divestment from oil and gas shows similar early trends to global financial institution’s exit from coal

20 October 2020 (IEEFA): Fifty globally significant financial institutions have introduced policies restricting oil sands and/or oil and gas drilling in the Arctic including 23 to date this year, highlighting global capital continues to flee fossil fuels, according to a new tracker developed by the Institute for Energy Economics and Financial Analysis (IEEFA). “Momentum is […]

IEEFA India: Grid, storage, policy, and regulation: Areas of new focus to meet India’s ambitious renewable energy targets

Variable renewable energy is the least cost source of new Indian electricity capacity. The challenge is now on grid integration, and the need to leverage the lessons of other transition leaders.

5 September 2019 (IEEFA India): Finding the right pricing signals to drive technology adoption to solve the integration of an ever increasing share of variable renewable energy into India’s grid is becoming a central new challenge for policy makers and regulators, critical to enabling the ongoing transition away from coal to meet India’s ambitious renewable […]

IEEFA Report: ‘Here and Now’ — Nine Electricity Markets Leading the Transition to Wind and Solar

California, Denmark, Germany, Ireland, South Australia, Spain, Tamil Nadu, Texas, and Uruguay; Breakneck Speed Is Overtaking Academic Discussion; Renewables Are Providing Security of Supply

Feb. 14, 2018 (IEEFA) — New research by the Institute for Energy Economics and Financial Analysis details how nine major power markets around the world have achieved an outsize share of wind and solar generation while assuring security of supply and are providing compelling examples of the fast-moving evolution of electricity generation. The report, “Power-Industry […]

and February 15, 2018 Read More →

More News and Commentary

Offshore wind giant Ørsted takes aim at U.S. solar, storage markets

Greentech Media: Ørsted, a developer synonymous with offshore wind, will have a novel experience in 2021: All of the new power plants it completes will be onshore, and most will involve solar panels. Since building the world’s first offshore wind project 30 years ago off the coast of Denmark, no other company has played a […]

September 3, 2020 Read More →

Latest deal pushes Vestas’ near-shore wind turbine pipeline in Vietnam above 1GW

Renewables Now: Vestas Wind Systems A/S on Tuesday unveiled a 50-MW order for an intertidal project in Vietnam and a 150-MW deal for an unspecified Chinese project. The Vietnamese order was placed by Phuong Anh Group and covers the second phase of the Hoa Binh 1 wind farm project, the Danish manufacturer said. It will […]

August 13, 2020 Read More →

RenewableUK: Global offshore wind pipeline now totals 159GW

S&P Global Market Intelligence ($): The global pipeline of offshore wind projects grew 30% over the past year to reach 159 GW, with more and more countries outside Europe seeing an influx of developers jockeying for gigawatt-scale projects. U.K.-based industry body RenewableUK said July 22 that both new and established markets have seen ballooning development […]

July 24, 2020 Read More →

Copenhagen Infrastructure Partners planning 3.5GW offshore wind project in Vietnam

S&P Global Market Intelligence ($): Copenhagen Infrastructure Partners K/S is planning to develop a 3.5-GW offshore wind project off the coast of Binh Thuan, Vietnam. The proposed La Gan project is estimated to cost up to US$10 billion. When completed, it will become one of the first large-scale offshore wind projects in Vietnam, the Danish […]

July 23, 2020 Read More →

Scotland’s SSE looking to join ranks of world’s largest wind power developers

Bloomberg: Scottish utility SSE Plc is planning an expansion of its renewable power business to compete globally for the growing market for massive wind farms. “I’d like to see us become a global supermajor,” Jim Smith, managing director of SSE Renewables, said by phone. “Who wouldn’t if they were running our business?” While it’s become […]

July 22, 2020 Read More →

Ørsted signs world’s largest corporate renewable PPA with Taiwan’s TSMC

ReNews.biz: Ørsted and Taiwan-based TSMC have signed a corporate power purchase agreement (CPPA) for all the production from Ørsted’s 920MW Greater Changhua 2b & 4 offshore wind farm. The Danish energy giant said this makes it the largest-ever contract of its kind within renewable energy. The 20-year fixed-price contract period starts once Greater Changhua 2b […]

July 8, 2020 Read More →

Danish government approves plans for massive offshore wind build-out by 2030

Renewables Now: The Danish parliament has approved a climate act that, among others, will pave the way for the establishment of two energy islands and an offshore wind farm of around 1 GW. The climate act sees the energy islands connecting 5 GW of offshore wind capacity by 2030, up from the 4 GW announced […]

June 23, 2020 Read More →

Copenhagen Infrastructure Partners launches major renewable energy infrastructure fund

Reuters: Fund management firm Copenhagen Infrastructure Partners (CIP) said on Tuesday it had started what it expects to be the world’s largest fund for renewable energy infrastructure as it targets investments worth 100 billion crowns ($15.2 billion). CIP, founded by former Orsted executives, said institutional investors had so far pledged to invest 11 billion crowns […]

June 17, 2020 Read More →

Norway looks to tap into export markets with 4.5GW of potential offshore wind development

Reuters: Norway has opened two areas for offshore wind power developments in the North Sea, including one along its maritime border with Denmark, the energy ministry said on Friday. Western Europe’s largest oil and gas producer generates most of its electricity from hydropower and normally has a surplus, but wants to develop offshore wind to […]

June 12, 2020 Read More →

Rystad: Offshore Europe, wind investment likely to top oil and gas spending by 2022

Recharge: Capital investment in sea-based wind power off Europe will match offshore oil & gas in the next year and eclipse it in 2022, according to new calculations from consultancy Rystad Energy, as the collapse in global crude markets takes its toll on supermajor’s project development ambitions. Annual spending levels on offshore wind in the […]

June 8, 2020 Read More →