IEEFA Research

IEEFA report: Australia’s key export market – Japan, moving beyond thermal coal

IEEFA report: Australia’s key export market – Japan, moving beyond thermal coal

Approving new thermal coal mines will add more production into an oversupplied market

10 July 2019 (IEEFA Australia) – Australia will struggle to seek alternative markets for its thermal coal as a declining Japanese market increasingly turns towards cheaper renewable energy solutions, a new IEEFA report out today has found. The report, Japanese Thermal Coal Consumption Approaching Long Term Decline: Australia’s Biggest Export Destination to Transition Away from Coal, […]

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Orsted begins construction of 900MW offshore wind farm in Taiwan

ReNews.biz: Orsted is moving into the construction phase of the 900MW Greater Changhua 1&2a offshore wind farm off Taiwan. The developer has begun the horizontal directional drilling (HDD) to prepare for cable laying and scour protection work to make ready the seabed for foundation installation. Orsted will start export and array cable laying, installation of […]

March 19, 2021 Read More →

Wood Mackenzie sees big potential for floating offshore wind in Asia-Pacific region

Offshore Engineer: Floating offshore wind, despite the currently low installed capacity, could be the next frontier in wind power development in the Asia Pacific with almost limitless potential, says Wood Mackenzie, adding the total investment in the sector could be worth US$58 billion, counting the projects in the early planning stages. “A significant market for […]

February 25, 2021 Read More →

Taiwan expected to add 20GW of renewable electric capacity by 2030—Fitch

PV Tech: More than 20GW of non-hydro capacity is expected to come online in Taiwan by 2030, according to a new report, driven by solar installations and offshore wind. Although it received a sharp shock at the start of last year, the speed of Taiwan’s transition to solar and wind power could still go a […]

February 1, 2021 Read More →

Fitch forecasts doubling in Asian wind, solar capacity by 2029, topping 1,500GW

Recharge: Despite some near-term delays due to the Covid-19 pandemic, solar power and offshore wind will drive steep growth in non-hydro renewables in Asia, which will more than double between 2020 and 2029 to a capacity exceeding 1,500GW, Fitch Solutions forecast. As markets recover gradually, the analyst sees an acceleration of growth over the coming […]

January 5, 2021 Read More →

Global offshore wind pipeline nearing 200GW—RenewableUK

BusinessGreen: The total pipeline of offshore wind projects worldwide has surged 47 per cent since January, signaling continued rapid growth for the sector as it weathers global supply chain disruptions and economic turbulence wrought by the coronavirus pandemic, according to RenewableUK. The latest edition of the UK trade association’s Offshore Wind Project Intelligence report today […]

October 29, 2020 Read More →

Swancor Renewable Energy to build 4.4GW of offshore wind capacity in Taiwan

Power Technology: Swancor Renewable Energy (SRE) has announced plans to develop three offshore wind projects totaling 4.4GW offshore Taiwan. The Formosa 4-1, Formosa 4-2 and Formosa 4-3 projects will be located in the north-western territorial waters of Miaoli County. Swancor Renewable Energy CEO Lucas Lin said: “Swancor Renewable Energy has been preliminarily developing Formosa 4 […]

September 23, 2020 Read More →

IEEFA op-ed: Last hopes for demand growth set to disappoint thermal coal exporters

Asian thermal coal exporters are fighting an uphill battle even in new markets

The world’s largest thermal coal exporter is eyeing new markets as its largest export destinations threaten to cut imports. Indonesia is targeting Bangladesh, Pakistan and Vietnam as China and India seek to curb thermal coal imports into the long term. As a result, Australian and South African thermal coal exporters aren’t going to have it […]

September 16, 2020 Read More →

Offshore wind giant Ørsted takes aim at U.S. solar, storage markets

Greentech Media: Ørsted, a developer synonymous with offshore wind, will have a novel experience in 2021: All of the new power plants it completes will be onshore, and most will involve solar panels. Since building the world’s first offshore wind project 30 years ago off the coast of Denmark, no other company has played a […]

September 3, 2020 Read More →

Ørsted signs world’s largest corporate renewable PPA with Taiwan’s TSMC

ReNews.biz: Ørsted and Taiwan-based TSMC have signed a corporate power purchase agreement (CPPA) for all the production from Ørsted’s 920MW Greater Changhua 2b & 4 offshore wind farm. The Danish energy giant said this makes it the largest-ever contract of its kind within renewable energy. The 20-year fixed-price contract period starts once Greater Changhua 2b […]

July 8, 2020 Read More →

Asia’s offshore wind capacity growth seen hitting 9GW annually by 2030

Asian Power: Annual offshore growth in Asia is expected to rise to 9 gigawatts a year in 2030 from 4GW, while around 5% of potential capacity is expected to be in place, Wood Mackenzie Asia Pacific Vice Chairman Gavin Thompson said in his APAC Energy Buzz blog. Almost 1,500GW of technical offshore wind potential, which […]

July 2, 2020 Read More →