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IEEFA Research

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

Coal, gas set to become biggest losers as renewable generation climbs quickly

March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]

IEEFA: AIA too important to lag global insurers in coal investment, divestment, and exclusion

IEEFA: AIA too important to lag global insurers in coal investment, divestment, and exclusion

AIA must back their climate pledges

21 December 2020 (IEEFA Asia): Major insurer AIA still holds anywhere between US $4 – 6 billion in coal and coal-fired power assets that if stranded will massively reduce wealth for investors and despite pledging its commitment to three significant global climate accords according to a new report by the Institute for Energy Economics and […]

and December 21, 2020 Read More →
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: 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 Asia: Asian financial institutions also beginning to exit coal financing

Asia’s gradual exodus away from coal will eventually lead to a landslide

29 April 2020 (IEEFA Asia): Under the cover of COVID-19, Asian financial institutions and corporations have been stepping up and out of coal financing, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). In the last month alone, Japan’s two largest institutional banks, Sumitomo Mitsui Financial Group and Mizuho […]

IEEFA update: Tech giants’ investment in renewable power purchase agreements pays off in current climate

Corporates increasingly supporting necessary renewable energy investment

25 March 2020 (IEEFA Australia): A new IEEFA briefing note out today finds the largest tech giants have all committed to renewable energy targets and are increasingly taking up renewable power purchase agreements, a move putting them in good stead in the current climate. Author of the note Clark Butler says major technology companies that […]

IEEFA Australia: Nuclear is too expensive, takes too long to build, and is banned by law in Australia

IEEFA responds to government inquiry looking at nuclear energy in Australia

30 September 2019 (IEEFA Australia): As fossil fuels come under increasing pressure, the conversation on whether to install nuclear energy is heating up in Australia, with the New South Wales government today calling for a vote within three years. As the UK’s latest foray into building nuclear power plant’s only too well demonstrates, massive cost […]

and September 30, 2019 Read More →

IEEFA report: UK Local Government Pension Schemes (LGPS) have multiple choices to access a growing market in renewable energy infrastructure

Different approaches to sustainability are taken by investment pools in England and Wales

May 30, 2019 (LONDON) – Newly aggregated “pools” of local government pension schemes (LGPS), worth £270 billion ($350 billion) in total, show different approaches to investing in renewable energy infrastructure, with lessons for those still undecided on their approach, according to a report released today by the Institute for Energy Economics and Financial Analysis. A […]

IEEFA report: Electric vehicles (EVs) and batteries can drive growth in rooftop solar

IEEFA report: Electric vehicles (EVs) and batteries can drive growth in rooftop solar

Falling battery and EV costs with equal grid market access can accelerate transition to renewables: lessons from UK and Germany

(LONDON) – The falling costs of batteries and electric vehicles can help drive the next phase of growth in renewables including rooftop solar power, provided small-scale renewables and storage have the same access to electricity and grid services markets as conventional power plants, according to a report released today by the Institute for Energy Economics […]

IEEFA update: U.K. pension funds lag in renewable energy infrastructure investing

Abundant offerings across a number of markets

LONDON — Local U.K. government pension schemes are gradually increasing their unlisted infrastructure holdings, driven by examples set by trail-blazing funds and by a new government initiative to increase the scale of such investments. But few are investing explicitly in renewable energy, the biggest single segment of infrastructure investment in the world (infrastructure investing involves real […]

July 19, 2018 Read More →

More News and Commentary

Great Britain posts another green electricity record

The Guardian: Great Britain’s electricity system recorded its greenest ever day over the Easter bank holiday as sunshine and windy weather led to a surge in renewable energy. The power plants generating electricity in England, Scotland and Wales produced only 39g of carbon dioxide for every kilowatt-hour of electricity on Monday, according to National Grid’s […]

April 7, 2021 Read More →

NextEnergy begins commercial operation at two subsidy-free solar farms in U.K.

PV Tech: Solar investor NextEnergy Capital has energised two new subsidy-free solar farms in the UK, claiming one of these – a 75MWp asset in south Wales – to be the largest constructed PV plant in the country. Llanwern – which is located in Newport, Wales – takes up c.260 acres spread across three separate […]

April 5, 2021 Read More →
IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years
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IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

Coal, gas set to become biggest losers as renewable generation climbs quickly

March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]

Simply Blue, Subsea 7 team up on 200MW floating wind project off Scottish coast

Power Technology: Luxembourg-based subsea engineering company Subsea 7 has entered a joint venture with Irish marine developer Simply Blue Energy to develop a floating wind farm. Located off the north-east coast of Scotland, the 200MW Salamander wind farm concept is a pre-commercial project. Simply Blue Energy will offer its experience in floating wind developments in […]

March 29, 2021 Read More →

Renewables topped fossil fuels in U.K. electricity generation for first time in 2020

ReNews.biz: UK government statistics show that renewable electricity generation outperformed fossil fuels for the first year ever in 2020, providing 43% of the country’s electricity. Fossil fuels generated 38.5%, according to the Department for Business, Energy and Industrial Strategy’s Energy Trends report. Onshore and offshore wind provided more than half of the UK’s renewable power […]

March 26, 2021 Read More →

RWE gives green light to 1.4GW Sofia offshore wind farm in the U.K.

OffshoreWind.biz: RWE has taken the financial investment decision on the 1.4 GW Sofia offshore wind farm project in the UK. The 100 per cent RWE-owned project represents a total investment of approximately GBP 3 billion (EUR 3.48 billion). The company is now poised to forge ahead with the construction of Sofia, with onshore enabling works […]

March 25, 2021 Read More →

Europe passes milestone with half of coal plants closed or set to retire by 2030

Euractiv: Half of Europe’s 324 coal-fueled power plants have either closed or announced a retirement date before 2030, it emerged on Monday (22 March) when French power utility EDF announced the 162nd plant will close in 2022. EDF’s planned closure of the West Burton coal-fueled power plant in the north of England – one of […]

March 24, 2021 Read More →

Equinor’s floating offshore wind project in Scotland posts 57% capacity factor in 2020

OffshoreWind.biz: Hywind Scotland, the world’s first floating offshore wind farm, has reached the highest average capacity factor for any wind farm in the UK for its third consecutive year. With an average capacity factor of 57.1% in the twelve months to March 2021, Hywind Scotland set a new record in the UK. During its first […]

March 23, 2021 Read More →

EDF to complete closure of West Burton A coal plant in Britain by September 2022

Bloomberg: Electricite de France SA will shut its West Burton A coal plant at the end of September next year, the company’s last coal station in Britain. The swift reduction of power stations burning coal in Britain has helped the country cut its carbon emissions faster than any other rich nation since 1990. The U.K. […]

March 22, 2021 Read More →

Bechtel, Hexicon team up to develop Swedish firm’s novel two turbine floating wind platform

Riviera Maritime Media: Hexicon, the Swedish floating wind company, and engineering, construction and project management company Bechtel have joined forces to deliver large-scale floating wind projects in the UK and elsewhere. The initial partnership between the companies will draw on Bechtel’s engineering, construction, and project financing expertise to develop the design and constructability of an […]

March 17, 2021 Read More →