Pakistan

IEEFA Research

IEEFA Pakistan: Coal gasification and liquefaction harmful to economy

IEEFA Pakistan: Coal gasification and liquefaction harmful to economy

There is no second life for coal

6 May 2021 (IEEFA Pakistan): Pakistan’s intention to use coal for power production through gasification and liquefaction technologies is likely to cause harmful economic impacts and a subsequent increased reliance on fossil fuels in Pakistan, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Pakistan’s intention to explore a second […]

IEEFA: Over US$50 billion in gas power projects and LNG import facilities at risk of cancellation in Bangladesh, Pakistan and Vietnam

IEEFA: Over US$50 billion in gas power projects and LNG import facilities at risk of cancellation in Bangladesh, Pakistan and Vietnam

Pakistan and Bangladesh have already cancelled tenders for LNG imports

14 January 2020 (IEEFA): Emerging markets such as Vietnam, Pakistan and Bangladesh that are turning to liquefied natural gas (LNG) as a source of power are likely to be hit by higher and more volatile prices going forward, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). Author […]

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: Pakistan’s new 27-year power plan risks locking in long-term overcapacity, leaving imported coal and LNG plants stranded

IEEFA: Pakistan’s new 27-year power plan risks locking in long-term overcapacity, leaving imported coal and LNG plants stranded

Wind and solar, the country’s cheapest source of new generation, also overlooked

3 September 2020 (IEEFA Pakistan): Pakistan risks locking itself into building more power capacity than it needs as a result of over-optimistic energy demand growth forecasts that do not take into account the impact of COVID-19, according to a new IEEFA report. Pakistan’s state-owned National Transmission and Despatch Company (NTDC) published its latest long-term power […]

IEEFA report: New coal power plants locking Pakistan into too much supply and unsustainable capacity payments

IEEFA report: New coal power plants locking Pakistan into too much supply and unsustainable capacity payments

Sindh province demonstrates Pakistan’s renewable energy potential

26 June 2020 (IEEFA Pakistan) ‒ With electricity demand growth slowing even before COVID-19, Pakistan is faced with the increasing financial burden of power capacity payments and overcapacity risk at a time when renewables are the cheapest source of energy available, finds a new IEEFA report. Two more Chinese-financed coal-fired plants have reached financial close […]

IEEFA report: Transition planning a must as South Africa’s export markets pivot away from thermal coal

New energy technology replacing coal-fired power faster than predicted

16 September 2019 (IEEFA South Africa) ‒ South African coal exports are approaching long-term decline, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA) out today. Author of the report Simon Nicholas, energy finance analyst with IEEFA, says the sector needs to come to terms with the prospect of fading […]

IEEFA report: Pakistan could build greater energy security by increasing use of cheaper renewables

IEEFA report: Pakistan could build greater energy security by increasing use of cheaper renewables

A model to 2030 for cost-effective, cleaner, more accessible energy in Pakistan

Dec 5, 2018, LAHORE (IEEFA): A new report asserts that, as renewable energy is now the cheapest form of electricity generation in Pakistan, the government could reduce its reliance on expensive power plants and fossil fuel imports in favour of cleaner, more accessible electricity for people and businesses. The report, “Pakistan’s Power Future: Renewable Energy […]

IEEFA Report: Proposed Coal-Fired Project for Bangladesh Is a High-Priced Scheme Meant to Prop Up Adani Power

IEEFA Report: Proposed Coal-Fired Project for Bangladesh Is a High-Priced Scheme Meant to Prop Up Adani Power

Godda Plan, Contrary to Its Poverty-Alleviation Advertising, Would Cost Customers Dearly

April 10, 2018 (IEEFA.org): Adani’s proposed Godda Power project would prove financially unviable and a poor strategic fit for Bangladesh, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The IEEFA study—“Adani Godda Power Project: Too Expensive, Too Late, and Too Risky for Bangladesh”—finds also that the project is […]

More News and Commentary

IEEFA: China is supporting over 50% of coal power development in largest remaining project pipelines

IEEFA: China is supporting over 50% of coal power development in largest remaining project pipelines

As finance shifts from coal, China is looking isolated as the last enabler of coal-fired power overseas

A review of coal power proposals in countries with large remaining project pipelines indicates that 56% of the total capacity of these proposals is being supported by China. Historically just one of the major providers of finance to overseas coal power projects, China has more recently looked increasingly isolated as other nations and financial institutions […]

IEEFA: Pakistan’s new long-term power plan – one step forward, two steps back

IEEFA: Pakistan’s new long-term power plan – one step forward, two steps back

Over reliance on hydro whilst slashing wind and solar increases risk of missing the 60% clean energy target

Pakistan has released a new version of its long term power plan – the Indicative Generation Capacity Expansion Plan (IGCEP) for 2021. IEEFA highlighted some issues with the 2020 version in September last year. The new iteration of the IGCEP – prepared by the National Transmission and Despatch Company (NTDC) – states on page 1 […]

IEEFA: Pakistan is planning to end coal imports, worsening outlook for South African coal

IEEFA: Pakistan is planning to end coal imports, worsening outlook for South African coal

The growing and irreversible risks being faced by South African coal exporters

As Thungela Resources’ CEO attempts to talk up the future of the Anglo American coal spin-off, South Africa’s second largest coal export destination Pakistan is planning to bring coal imports to an end. Thungela CEO July Ndlovu recently stated that a “just transition” for developing nations requires the continued operation of existing coal-fired power plants […]

Qatar LNG production struggling to keep market share amid transition

Bloomberg ($): The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a bid to squeeze them out the market. Qatar is dropping prices and pushing ahead with a $29 billion project to boost its exports of the fuel by more than 50%, stymieing the prospects of new […]

May 21, 2021 Read More →

Asian Development Bank announces end to fossil fuel financing

Climate Change News: The Asian Development Bank (ADB) will end all financing for coal mining and power plants and ban support for oil and gas production, under a draft energy policy released on Friday. The Philippines-based bank said there had been “profound changes in the energy landscape” since it last updated its energy policy in […]

May 10, 2021 Read More →
IEEFA Pakistan: Coal gasification and liquefaction harmful to economy
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IEEFA Pakistan: Coal gasification and liquefaction harmful to economy

There is no second life for coal

6 May 2021 (IEEFA Pakistan): Pakistan’s intention to use coal for power production through gasification and liquefaction technologies is likely to cause harmful economic impacts and a subsequent increased reliance on fossil fuels in Pakistan, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Pakistan’s intention to explore a second […]

IEEFA: Fossil fuel pressure and risks mounting for multilateral development banks

Further reliance on coal and LNG will lead to ever larger and unsustainable fossil fuel subsidies

“Gas is over”, proclaimed chief of the European Investment Bank (EIB), Werner Hoyer, at the beginning of this year as he stated clearly the bank’s vision for an end to unabated use of fossil fuels. European officials have since also called for the World Bank to phase out lending for gas projects globally in addition […]

April 19, 2021 Read More →
IEEFA: Bangladesh needs a renewables focus, not a switch from ‘coal to gas’

IEEFA: Bangladesh needs a renewables focus, not a switch from ‘coal to gas’

Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations

The emerging markets of Bangladesh and Vietnam are alluring for foreign energy companies looking to make money in the region. But these nations stand to lose both economically and environmentally through a pivot from coal to gas. Such a switch risks hindering investment into renewable energy and derailing climate progress across the continent. In Bangladesh, […]

April 13, 2021 Read More →

IEEFA Ghana: Reliance on LNG means increased fuel price risk and further unaffordable generation contracts

African nations must learn from developing Asia's expensive fossil-fuelled power problems

Ghana is set to become the first Sub-Saharan nation to import LNG as the government continues its attempts to renegotiate unaffordable power generation contracts. LNG is being pushed in emerging nations as a clean transition fuel that is “critical” for development. It is neither of these things. In fact, the need for expensive, associated LNG […]

March 30, 2021 Read More →

Scatec, Nizam Energy close financing on 150MW Pakistani PV project

Power Technology: Renewable developer Scatec and local partner Nizam Energy have secured a $100m financial closure for a solar project in Pakistan. The closure comes after the Dutch development bank FMO, Faysal Bank, Bank of Punjab, and PAK Kuwait Investment signed credit agreements for the non-recourse debt financing agreement. The credit facilities will cover up […]

February 22, 2021 Read More →