Middle East

IEEFA Research

IEEFA: Canadian assessment of LNG ‘rising tide’ would drown balance sheets in red ink

IEEFA: Canadian assessment of LNG ‘rising tide’ would drown balance sheets in red ink

Hope springs eternal for Chinese demand but reality suggests bleak forecast for new projects

October 19, 2020 (IEEFA)— The Conference Board of Canada, an Ottawa-based research organization, has doubled down on a bad hand, according to an analysis by the Institute for Energy Economics and Financial Analysis. The Conference Board’s report, A Rising Tide: The Economic Impact of B.C.’s Liquified Natural Gas Industry, claims an expansion of the British […]

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 […]

IEEFA update: Aftermath of Saudi oilfield bombings sound warnings for future volatility

IEEFA update: Aftermath of Saudi oilfield bombings sound warnings for future volatility

State-owned oil interests hold back global progress on climate change

September 24, 2019 (IEEFA) – The recent bombings of Saudi Arabia’s oilfields boosted energy stocks globally only to return to previous levels a few days later. The fleeting jump in oil prices confirmed the over-abundance of supply as well as the need to reduce reliance on fossil fuels, according to a briefing note released today […]

More News and Commentary

Israel to add 15GW of solar capacity by 2030

PV Magazine: Israel’s cabinet has approved a plan submitted by energy minister Yuval Steinitz to deploy around 15 GW more solar capacity to help raise the 2030 target for the proportion of national electricity drawn from renewables from 17% to 30%. An intermediate target of 20% has been set for 2025, and by the end […]

October 28, 2020 Read More →
IEEFA: Canadian assessment of LNG ‘rising tide’ would drown balance sheets in red ink
and

IEEFA: Canadian assessment of LNG ‘rising tide’ would drown balance sheets in red ink

Hope springs eternal for Chinese demand but reality suggests bleak forecast for new projects

October 19, 2020 (IEEFA)— The Conference Board of Canada, an Ottawa-based research organization, has doubled down on a bad hand, according to an analysis by the Institute for Energy Economics and Financial Analysis. The Conference Board’s report, A Rising Tide: The Economic Impact of B.C.’s Liquified Natural Gas Industry, claims an expansion of the British […]

Saudi Arabia considers delaying OPEC oil production boost

Wall Street Journal ($): Saudi Arabia is considering canceling OPEC plans for an oil output hike early next year, senior Saudi oil advisers said, as Covid-19 cases in many parts of the world rise and the expected return of Libyan crude threatens to swell global supplies. In April, the 13-member, Saudi-led Organization of the Petroleum […]

October 12, 2020 Read More →

Libya resumes oil production after hiatus

Oilprice.com:  Libya has restarted production at its largest field, Sharara, as peace talks began between eastern and western forces. The national Oil Corporation announced it had lifted the force majeure on Sharara after reaching an agreement with the Petroleum Facilities Guard to “end the entire obstacles that face Al Sharara Field in a way that […]

October 12, 2020 Read More →

S&P: Natural gas demand likely to fall 2.5 percent in North America over next 10 years

Platts: Over the next decade, global natural gas demand will grow at a slower pace as the industry responds to emerging financial and policy pressures brought on by the coronavirus pandemic. A broad slowdown in energy demand caused by the pandemic will bring about an earlier-than-anticipated reckoning for the fossil fuels industry, according to the […]

September 25, 2020 Read More →

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 […]

UAE’s Masdar buys big stake in EDF Renewables’ U.S. renewable energy pipeline

Greentech Media: In one of the U.S. renewable energy market’s biggest deals in a challenging year, Masdar is set to acquire a 50 percent stake in a 1.6-gigawatt portfolio of advanced wind, solar and energy storage projects from EDF Renewables North America. The deal, expected to close later this year, represents a new front in […]

August 14, 2020 Read More →

Israel cuts plans for 4,860MW of new gas-fired power plants

The Times of Israel: The Energy Ministry on Sunday asked the National Planning and Building Council to slash its plans for new gas-fired power stations by more than half in a move welcomed by both the Environmental Protection Ministry and civilian campaigners for more renewable energy. The ministry asked the planners to strike off four […]

August 12, 2020 Read More →

Multi-national consortium wins bid to build 2GW solar farm in Abu Dhabi at record-low price

PV Tech: A consortium including Abu Dhabi National Energy Company (TAQA), Masdar, EDF and JinkoSolar development arm JinkoPower have been formally announced as the winning party behind the world record low tender for the 2GW Al Dhafra solar farm. Having won the hotly-contested contract, the parties will now work to bring forward the project following […]

July 27, 2020 Read More →

Solar-plus-storage beats fossil energy in bidding for new Israeli electric generation

Haaretz: Gilad Yavetz, CEO of Enlight Energy, called it “an energy revolution” for Israel. On Tuesday, his company and two others were awarded the country’s first-ever contract to build photovoltaic power stations backed up by battery storage that will generate electricity at a lower cost than fossil fuels. Enlight, Doral Group and Ellomay Capital, all […]

July 17, 2020 Read More →