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IEEFA Research

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 Report: European Coal Sector Woes Deepen With New Air Quality Mandate; One-Third of Existing Capacity Must Retrofit or Close

IEEFA Report: European Coal Sector Woes Deepen With New Air Quality Mandate; One-Third of Existing Capacity Must Retrofit or Close

More Headwinds for Major Utilities; New Limits Affect 108 Plants; Implications for Investors, With Gas and Renewables Emerging as Preferred Power-Generation Fuels

May 8, 2017 (IEEFA.org) — More than 100 separate power plants—representing one-third of Europe’s large-scale coal-fired power plant capacity—face costly air quality upgrades or closure as a result of new European Union emissions limits, according to an analysis published today by the Institute for Energy Economics and Financial Analysis (IEEFA). “These regulations will further undermine and […]

IEEFA Europe: Can Coal Power Hang On?

IEEFA Europe: Can Coal Power Hang On?

Investors May Not Be Eager to Absorb More Losses Like Those Seen in Recent Dutch Build-Outs

Investment in new coal-fired power plants appears off the agenda in Western Europe. Witness the astonishing write-down of brand-new assets in the Netherlands, where European utility giants RWE, Uniper, and Engie have drastically reduced their valuations of plants barely a year old (read the report we published this morning, “The Dutch Coal Mistake,” which concludes […]

November 30, 2016 Read More →

More News and Commentary

Greek utility unit moves forward with country’s first subsidy-free solar development

PV Magazine: The transformation of Greek renewable energy laggard the Public Power Corporation (PPC) has continued with news the utility’s PPC Renewables arm has won tenders to develop the nation’s largest solar cluster and is planning Greece’s first unsubsidized PV project. The renewables division of the state-owned power company is planning a subsidy-free 50 MW […]

April 22, 2020 Read More →

Greek utility PPC to sell power from new 200MW solar farm at record-low price

PV Magazine: Greece has launched a series of renewable energy tenders to procure new solar PV and wind power capacity in separate auctions and joint tenders. Earlier this week, it held its second-ever joint renewable energy tender with a single pot for both technologies. It ended up awarding 502.94 MW of capacity, including 350 MW […]

April 6, 2020 Read More →

Terna Energy plans additional 400MW of wind capacity in Greece

Renewables Now: Greek renewable power producer Terna Energy SA plans to allocate more than EUR 550 million (USD 597.1m) for clean energy projects, including 400 MW of new wind farms. The company will embark on the new plan with the construction of over 180 MW of wind parks, gradually expanding the capacity to a target […]

March 24, 2020 Read More →

Hellenic Petroleum to underwrite construction of 204MW solar farm in Greece

Reuters: Greece’s biggest oil refiner, Hellenic Petroleum, said on Monday it will finance and operate a 204 megawatt solar energy plant in northern Greece to tap into the country’s shift from coal to renewables. Last year Greece announced an ambitious plan to shut down almost all its coal-fired power plants by 2023 and shift more […]

February 21, 2020 Read More →

Greek wind generation capacity tops 3,500MW after record year of new construction

Ekathimerini.com: Wind energy output in Greece soared to new records in 2019, with more new wind energy farms launching operations than in any other year, the Hellenic Wind Energy Association (HWEA/ELETAEN) said in a report released on Thursday. The increase was almost four times the annual average rate of the previous decade, raising the total […]

January 31, 2020 Read More →

Greek utility to speed up coal phase-out plans

Reuters: Greece’s Public Power Corp. (PPC) will switch off its coal plants sooner than expected and expand its renewable capacity by 2024 to boost profits and help cut the country’s carbon emissions footprint, its CEO said on Monday. Under a 2020-2024 business plan approved by the utility’s board last week, PPC plans to switch off […]

December 20, 2019 Read More →

IEEFA Europe: Looming EU anti-pollution standards undercut recent coal investments

Rising carbon prices, falling renewable costs argue for closing coal plants, not retrofitting them

New anti-pollution standards in the European Union that take effect in 2021 are highlighting how cheap coal power plants are no longer an opportunity for buyers to make a quick buck, or grow market share, putting pressure on selling utilities and their investors to close them instead. The business models of two Czech-based firms, Sev.en […]

November 27, 2019 Read More →

Study: Billions in losses across European coal generation industry this year

PV Magazine: Around 79% of the European Union’s coal power fleet runs at a loss, and will burn through €6.57 billion this year. Economics thinktank Carbon Tracker used asset-level financial models to analyze the operating economics of every coal plant in the EU. The resulting analyst note – “Apocoalypse Now” – not only had a […]

October 31, 2019 Read More →

France, Greece, Bulgaria raise their 2030 national renewable energy targets

EURACTIV: France, Greece and Bulgaria have pledged to update their national targets for renewable energy and bump up the share of wind, solar and other renewables to 33%, 35% and 27% of their energy consumption respectively by 2030. The announcements were made on Tuesday (24 September) as part of a public debate among EU energy […]

September 25, 2019 Read More →

Greece, Hungary announce coal phaseout plans

Montel: Greece and Hungary will phase out all coal-fired power generation capacity by 2028 and 2030, respectively – accounting for a combined 6 GW – amid efforts to improve their green credentials. “Until now, Greece’s power mix has been relying on coal and a new lignite plant is currently being built, which was supposed to […]

September 24, 2019 Read More →