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IEEFA: U.S. push for LNG in the Philippines paints unrealistic picture of global prices and market viability

IEEFA: U.S. push for LNG in the Philippines paints unrealistic picture of global prices and market viability

Overly optimistic claims about financial, economic and environmental benefits of LNG

Sept. 23, 2021 (IEEFA) – A recent white paper sponsored by the U.S. Agency for International Development (USAID) promotes the benefits of liquefied natural gas in the Philippines. The report, however, is based on questionable assumptions about global LNG prices, long-term demand and market viability of U.S. exports to price-sensitive countries in Asia, according to […]

and September 23, 2021 Read More →
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: European gas pipeline companies mislead investors by underreporting CO<sub>2</sub>

IEEFA: European gas pipeline companies mislead investors by underreporting CO2

Reporting loophole means midstream operators aren't following the same guidelines as upstream or downstream sellers

December 14, 2020 (IEEFA) — European pipeline companies are using a loophole to market themselves as low-carbon businesses and avoid reporting on the climate effects of the natural gas they transport, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Hiding in Plain Sight—European Gas Pipeline Companies’ […]

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: 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 report: Argentina’s Vaca Muerta Patagonia fracking plan is financially risky, fiscally perilous

IEEFA report: Argentina’s Vaca Muerta Patagonia fracking plan is financially risky, fiscally perilous

Major investors Chevron, ExxonMobil, Equinor, Total, Shell and Tecpetrol are depending on tenuous subsidies

New York/Buenos Aires (March 21, 2019) — The Vaca Muerta oil and gas project, which promises to double oil and gas production over the next six years in Argentina, is facing such strong headwinds from current fiscal, market, political and environmental forces that “the plan is likely to fail,” according to a report released today […]

Informe IEEFA: El plan argentino de fracking en Vaca Muerta de Patagonia es financieramente riesgoso, fiscalmente peligroso

Informe IEEFA: El plan argentino de fracking en Vaca Muerta de Patagonia es financieramente riesgoso, fiscalmente peligroso

Los principales inversores Chevron, ExxonMobil, Equinor, Total, Shell y Tecpetrol dependen de subvenciones frágiles.

Nueva York/Buenos Aires (21 de marzo de 2019) – El proyecto de gas y petróleo Vaca Muerta, que promete duplicar la producción de ambos combustibles en los próximos seis años en Argentina, enfrenta obstáculos tan fuertes por las actuales fuerzas fiscales, de mercado, políticas y ambientales que “el plan probable fracase”, según un informe publicado […]

March 21, 2019 Read More →
IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

New Emissions Rules Loom Large Across EU; Gas-Fired Generation and Renewables Present Better Investment Opportunities; Major Utilities Are Out of Step With Markets

October 25, 2017 (IEEFA.org) — A research paper published today by the Institute for Energy Economics and Financial Analysis finds that plans by Enel Group’s Spanish-subsidiary Endesa to sink €400 million into upgrading three aging coal-fired plants is a likely loss-making proposition under new European Union emission-control rules. The report—“How European Utilities Can Capitalize on […]

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 […]

More News and Commentary

IEEFA: U.S. push for LNG in the Philippines paints unrealistic picture of global prices and market viability
and

IEEFA: U.S. push for LNG in the Philippines paints unrealistic picture of global prices and market viability

Overly optimistic claims about financial, economic and environmental benefits of LNG

Sept. 23, 2021 (IEEFA) – A recent white paper sponsored by the U.S. Agency for International Development (USAID) promotes the benefits of liquefied natural gas in the Philippines. The report, however, is based on questionable assumptions about global LNG prices, long-term demand and market viability of U.S. exports to price-sensitive countries in Asia, according to […]

and September 23, 2021 Read More →
IEEFA Europe: Overcapacity and investment fever push costs to Spanish consumers, yet Enagás profits
, and

IEEFA Europe: Overcapacity and investment fever push costs to Spanish consumers, yet Enagás profits

Spain’s gas regulations benefit Enagás and burden consumers

September 15, 2021 (IEEFA) – Empresa Nacional de Gas (Enagás) has benefited from a “security and diversity of supply” strategy as an excuse to build or expand liquefied natural gas regasification terminals, natural gas pipelines and gas storage facilities. The resulting overcapacity has meant low utilization rates for gas infrastructure assets in Spain, as well […]

IEEFA Europa: El exceso de capacidad y una fiebre por invertir suben las facturas de los consumidores españoles, pero Enagás se lucra
, and

IEEFA Europa: El exceso de capacidad y una fiebre por invertir suben las facturas de los consumidores españoles, pero Enagás se lucra

La regulación del gas en España beneficia a Enagás y perjudica a los consumidores

15 de septiembre de 2021 (IEEFA) – La Empresa Nacional de Gas (Enagás) se ha beneficiado de una estrategia de «seguridad y diversidad del suministro» como excusa para construir o ampliar plantas de regasificación de gas natural licuado, gasoductos de gas natural e instalaciones de almacenamiento de gas. Según un informe del Instituto de Economía […]

Solar panels generated a record 10% of EU electricity over June and July

ReNews.biz: New analysis by energy think tank Ember reveals that, for the first time, solar panels generated a tenth of EU-27 electricity during their peak months of June and July this year. Solar panels generated 39 terawatt-hours in June-July 2021, up from 28TWh in the same period in 2018. Eight EU countries set a new […]

August 18, 2021 Read More →

Total considers taking stake in world’s largest offshore wind farm

Bloomberg ($): TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French oil major continues to flex its green credentials. Paris-listed TotalEnergies could buy a roughly 20% stake in the third phase of the Dogger Bank wind project […]

August 6, 2021 Read More →

Private equity-backed firm files plan for massive Maryland wind farm

Bloomberg ($): US Wind Inc. has submitted a bid to Maryland regulators to build a massive wind farm off the state’s shoreline, the latest proposal for such projects off the East Coast and a potential step closer to the Biden administration’s goal of eliminating carbon emissions from power plants. The Momentum Wind farm would include […]

August 4, 2021 Read More →

Biggest Italian bank to end coal financing by 2025, fracking by 2030

Reuters: Italy’s biggest bank Intesa Sanpaolo ISP.MI on Tuesday said it would end with immediate effect the financing of coal mining with a view to phasing out exposure to the sector by 2025. Answering questions from shareholders ahead of its annual general meeting in April, Intesa had said it was reviewing its coal financing policy […]

July 28, 2021 Read More →

Africa records almost 2GW of large-scale solar plans since June

PV Magazine: The 540 MW of solar generation capacity and 1.14 GWh of energy storage awarded to Norwegian developer Scatec to help keep the lights on in South Africa recently is the biggest project award of what trade body the Africa Solar Industry Association (AFSIA) has described as “an unprecedented series of large scale” PV […]

July 15, 2021 Read More →

More than 200GW of offshore wind projects announced since 2020

Renew Economy:  More than 200GW worth of new offshore wind projects have been announced around the world since 2020, according to new figures published this week, but regulatory hurdles and supply chain constraints will nevertheless hinder the completion of the entire pipeline by 2030. The new figures were published this week by renewable energy consultancy […]

June 24, 2021 Read More →

Enel chief Starace agrees with calls for end to fossil fuels

Reuters:  The world must agree to stop extracting new fossil fuels and also aggressively deploy technology to limit the growth of greenhouse gasses, the chief executive of Europe’s biggest utility Enel said on Wednesday. “We have to agree that we have to stop the extraction of additional fossil fuels round the planet,” Francesco Starace told […]

June 24, 2021 Read More →