Europe

IEEFA Research

IEEFA: Accepting gas power plants as sustainable investments in Asian taxonomies heightens greenwash risk

IEEFA: Accepting gas power plants as sustainable investments in Asian taxonomies heightens greenwash risk

Accommodating the gas sector risks diluting standards and discouraging new pools of green capital

21 September 2021 (IEEFA Asia): Incorporating gas-powered generation as a sustainable investment into Asian taxonomies could have unintended consequences, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Doing so could lock Asia into a high-emitting future while also posing a credibility and greenwashing problem that Asian policymakers and ESG […]

and September 21, 2021 Read More →
IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

Top debt and equity investors committed over $300 billion in 2020 into building renewable energy capacity

19 July 2021 (IEEFA Australia): Despite the economic disruption from COVID-19, top global debt and equity investors are continuing to drive capital into the renewable energy infrastructure sector due to its consistency in providing investment opportunities, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Global investors are accelerating their […]

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: Vanguard funds destroy shareholder wealth with US$290bn in fossil fuels creating a 5.6% performance drag

IEEFA: Vanguard funds destroy shareholder wealth with US$290bn in fossil fuels creating a 5.6% performance drag

A global laggard that has minimal transparency, is passive on climate, and is abrogating its fiduciary duty to best manage risk for investors

22 June 2021 (IEEFA Australia): Vanguard Group, the world’s second largest asset manager, is leaving its investors to face profound wealth destruction risks as the world’s largest investor in fossil fuels, all while insisting climate change is a priority for the company, finds a new report by the Institute for Energy Economics and Financial Analysis […]

IEEFA Europe: Snam woos investors with net-zero claims, while growing its spending on fossil gas infrastructure

IEEFA Europe: Snam woos investors with net-zero claims, while growing its spending on fossil gas infrastructure

Italian gas giant publicizes hydrogen commitment while spending shows business as usual

March 16, 2021 (IEEFA) — Even as it seeks to attract funding from sustainability-led lenders, Europe’s largest gas pipeline company continues to devote the vast majority of planned capital spending to unabated fossil gas infrastructure, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA). Snam, the Milan-based gas transmission system […]

IEEFA: Renewables’ strong performance and falling costs can help Kosovo break from a coal-powered past

IEEFA: Renewables’ strong performance and falling costs can help Kosovo break from a coal-powered past

Economics, EU membership ambitions point to renewables as best path for country’s future electricity needs

October 29, 2020 (IEEFA) — Strong performance by Kosovo’s first large-scale wind and solar farms show the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with a low-carbon European transition and reduce losses from stranded fossil fuel assets. According to a new report by the Institute for […]

Performanca e fortë e burimeve të ripërtëritshme dhe rënia e kostove mund të ndihmojnë Kosovën të shkëputet nga e kaluara e furnizuar me qymyr

Performanca e fortë e burimeve të ripërtëritshme dhe rënia e kostove mund të ndihmojnë Kosovën të shkëputet nga e kaluara e furnizuar me qymyr

Ekonomia, ambiciet për anëtarësim në BE drejtojnë nga burimet e ripërtëritshme si rruga më e mirë për nevojat e ardhshme të energjisë për vendin.

29 tetor 2020 (IEEFA) – Performanca e mirë nga fermat e para të erës dhe diellit në shkallë të gjerë në Kosovë tregon se vendi i Ballkanit Perëndimor i dominuar nga qymyri mund të shfrytëzojë rënien e kostove të ripërtëritshme dhe gatshmërinë për kredi të gjelbëra për tu lidhur më mirë me një tranzicion evropian […]

IEEFA: 50 new green hydrogen projects show Europe, Australia, Asia are lead players but US$75 billion in costs and government inaction could create delays

The green hydrogen industry needs more government backing to reach demand goals

24 August 2020 (IEEFA): The renewable rich green hydrogen industry is accelerating with 50 new projects announced in the last year including five just last month, but a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds the pace is not fast enough to meet global energy demand, with massive capital […]

August 24, 2020 Read More →
IEEFA Europe: Recovered waste heat a cost-effective source of clean energy

IEEFA Europe: Recovered waste heat a cost-effective source of clean energy

Case studies in Poland confirm RWH alternative to coal plants and reduced investment risks

June 10, 2020  (IEEFA LONDON) ‒ Captured waste heat from local industry in southern Poland can compete with fossil fuel plants to supply affordable heating for local homes through district heating networks, providing cleaner air and attractive financial returns for investors, according to an IEEFA study published today.  IEEFA found that the main barrier to […]

IEEFA Asia: Asian financial institutions also beginning to exit coal financing

Asia’s gradual exodus away from coal will eventually lead to a landslide

29 April 2020 (IEEFA Asia): Under the cover of COVID-19, Asian financial institutions and corporations have been stepping up and out of coal financing, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). In the last month alone, Japan’s two largest institutional banks, Sumitomo Mitsui Financial Group and Mizuho […]

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TotalEnergies, Air Liquide among investors in $1.7 billion hydrogen fund

Bloomberg ($): TotalEnergies SE, Air Liquide SA and Vinci SA pledged to contribute 100 million euros ($116 million) each to a fund created by Ardian SAS and FiveT Hydrogen that aims to invest 1.5 billion euros in clean hydrogen infrastructure. The commitments are the latest sign of the growing interest in the carbon-free fuel. Nations […]

October 1, 2021 Read More →

Norway announces plans to shut down last Arctic coal mine in 2023

The Hill: The Norwegian state-owned coal company Store Norske Spitsbergen Kulkompani (SNSK) announced on Thursday that it would be shutting down its last Arctic coal mine in 2023. SNSK said it will be closing its Mine 7 on the Arctic Svalbard archipelago, with the settlement planning to temporarily switch to diesel in 2023 before ultimately […]

October 1, 2021 Read More →

Aberdeen University plans fossil fuel divestment by 2025

Energy Voice: Aberdeen University, considered one of the UK’s top academic institutions for petroleum studies, has decided to divest from fossil fuels. The University’s Court approved the policy on Wednesday to exclude fossil fuel extractor companies from its £52.7m investment portfolio by 2025. The move, coming just weeks away from the UN COP26 climate conference […]

October 1, 2021 Read More →

Orsted submits environmental report for 1.5-gigawatt offshore farm

offshoreWind: Leading offshore wind developer Ørsted has submitted an environmental report for the 1.5 GW Skåne Havsvindpark wind farm project offshore Sweden. The submission of the report was preceded by surveys and a thorough environmental impact assessment (EIA), the developer said. Skåne offshore wind farm is planned in the Baltic Sea, approximately 22 kilometers south […]

September 30, 2021 Read More →

Chariot, Mauritania sign deal for 10 gigawatts of green hydrogen

Renewables Now: African-focused energy firm Chariot Ltd (LON:CHAR) and Mauritania’s Ministry of Petroleum, Mines and Energy have signed a memorandum of understanding (MoU) for a green hydrogen project of up to 10 GW in the northwestern African nation, the parties announced on Monday. Project Nour is estimated to represent an investment of up to USD […]

September 29, 2021 Read More →

Canada clean fuel standard draws fire for reliance on upstream credits

Reuters: One of Canada’s flagship pieces of climate regulation has run into criticism from clean fuel lobby groups as Prime Minister Justin Trudeau prepares to start his third term in office, with industry advocates arguing it is out of step with Canada’s goals to achieve net-zero emissions. The Clean Fuel Standard is set to come […]

September 28, 2021 Read More →

Massive solar-plus-wind Morocco project eyed as UK power source

PV-Tech: A 10.5GW solar-plus-wind project is under development in Morocco’s Guelmim Oued Noun region, with 3.6GW of this to be exported to Great Britain. Xlinks – the company behind the Morocco-UK Power Project – said the project is capable of generating for an average of 20+ hours a day, taking advantage of the high solar […]

September 28, 2021 Read More →

Siemens Gamesa begins installation of world’s largest wind turbine

Renew Economy: More than a year since it was first unveiled, Spanish wind turbine manufacturer Siemens Gamesa has begun installation of its 14MW offshore wind prototype in Denmark, which will be the biggest turbine ever built. Siemens Gamesa unveiled its long-awaited 14MW wind turbine back in May of 2020, with the launch of its SG […]

September 28, 2021 Read More →
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 →