Latest

IEEFA Research

IEEFA U.S.: Texas confronts decline in oil and gas industry

IEEFA U.S.: Texas confronts decline in oil and gas industry

Analysis of long-term trends indicates slower growth, fewer jobs and lower tax contributions

July 28, 2021 (IEEFA) ⎼ Texas policymakers, regulators and public opinion have long held that “what’s good for oil is good for Texas.” But Texas’s economy has become more broad-based and the oil and gas sector’s proportionate contribution has declined. State leaders face a new set of facts on the ground about the future of […]

IEEFA: Commercial and industrial rooftop solar installs set to increase in India

IEEFA: Commercial and industrial rooftop solar installs set to increase in India

A new generation of technologies is making rooftop solar even more cost effective

28 July 2021 (IEEFA India): The rate of rooftop solar capacity addition by commercial and industrial (C&I) consumers in India is expected to accelerate this year, as new and innovative solar technology solutions provide opportunities for businesses to save on electricity costs and contribute to corporate renewable energy targets, finds a new report by the Institute […]

IEEFA Australia: AGL Energy has lost over 70% of its market value, destroying A$12 billion in shareholder wealth

IEEFA Australia: AGL Energy has lost over 70% of its market value, destroying A$12 billion in shareholder wealth

It’s an (expensive) sorry tale when companies ignore shareholders and continue to invest in fossil fuels

22 July 2021 (IEEFA Australia): In failing to realise its early green ambition AGL Energy, one of Australia’s biggest electricity generators and retailers wiped over 70% off its market value in just four years, destroying A$12 billion in shareholder wealth, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Author […]

July 22, 2021 Read More →
IEEFA: Eastern Australia is the 7th most expensive domestic gas market in the world

IEEFA: Eastern Australia is the 7th most expensive domestic gas market in the world

Investors are pouring money into a gas-fired recession

22 July 2021 (IEEFA Australia): Of the major exporters, eastern Australia has wholesale contract gas prices that are the 7th most expensive globally, being over 5½ times those of Qatar, the second largest exporter of LNG; over 3 times the price of gas in the U.S.; and nearly 5 times the price of gas in […]

IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

Top debt and equity investors committed over $300 billion in 2020 into building renewable energy capacity

19 July 2021 (IEEFA Australia): Despite the economic disruption from COVID-19, top global debt and equity investors are continuing to drive capital into the renewable energy infrastructure sector due to its consistency in providing investment opportunities, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Global investors are accelerating their […]

IEEFA: Uncertainty surrounds U.S. liquefied natural gas export projects in emerging Asia

Significant market risks and shifting U.S. policies could undermine LNG project ambitions in the region

July 8, 2021 (IEEFA) ⎼ Potential trade and climate policy shifts in the U.S. are raising questions about the viability of several ambitious liquefied natural gas (LNG) projects planned for emerging Asian markets, according to a recent report by the Institute for Energy Economics and Financial Analysis (IEEFA). New LNG import project sponsors in the […]

IEEFA India: Overestimated LCOEs of coal-fired power plants create a financial bubble

IEEFA India: Overestimated LCOEs of coal-fired power plants create a financial bubble

Massive stranded asset risk detrimentally affects the financial and power distribution sectors

7 July 2021 (IEEFA India): India’s future coal-fired power project pipeline carries a massive stranded asset risk due to the collapse in the average utilisation rate of its coal-fired power fleet leading to an underestimation of financial risk for new projects, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). […]

IEEFA: Indonesia’s state-owned utility PLN’s 2060 net zero ambition not without flaws and gaps

IEEFA: Indonesia’s state-owned utility PLN’s 2060 net zero ambition not without flaws and gaps

Indonesia on the right emissions reduction pathway but same old coal stories persist

25 June (IEEFA Indonesia):  Recent announcements by Indonesia’s state-owned utility company Perusahaan Listrik Negara (PLN) to achieve carbon neutrality by 2060 must be met with caution and scrutinized as the numbers don’t stack up, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report’s authors IEEFA energy finance […]

IEEFA: Chinese regulators urged to tighten rules for carbon neutral bonds

IEEFA: Chinese regulators urged to tighten rules for carbon neutral bonds

Bond proceeds going to coal-dominated state-owned enterprises – ESG investors beware

1 June 2021 (IEEFA): China’s carbon neutral bonds fail to restrict the use of funds to green projects and are adding to the working capital of coal-dominated state-owned enterprises (SOEs), according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) which calls for deeper reforms to green finance standards […]

IEEFA: Carbon capture goals miss the mark at Boundary Dam 3 coal plant

IEEFA: Carbon capture goals miss the mark at Boundary Dam 3 coal plant

Carbon capture at SaskPower’s Boundary Dam 3 facility falls far short of projections

April 20, 2021 (IEEFA) — An announcement by a Canadian power company that it’s met carbon capture goals shouldn’t be taken at face value, according to a briefing note released today by the Institute for Energy Economics and Financial Analysis. SaskPower, the operator of the Boundary Dam 3 coal plant, said March 31 that its […]

More News and Commentary

IEEFA U.S.: Texas confronts decline in oil and gas industry
, and

IEEFA U.S.: Texas confronts decline in oil and gas industry

Analysis of long-term trends indicates slower growth, fewer jobs and lower tax contributions

July 28, 2021 (IEEFA) ⎼ Texas policymakers, regulators and public opinion have long held that “what’s good for oil is good for Texas.” But Texas’s economy has become more broad-based and the oil and gas sector’s proportionate contribution has declined. State leaders face a new set of facts on the ground about the future of […]

IEEFA: Commercial and industrial rooftop solar installs set to increase in India
, and

IEEFA: Commercial and industrial rooftop solar installs set to increase in India

A new generation of technologies is making rooftop solar even more cost effective

28 July 2021 (IEEFA India): The rate of rooftop solar capacity addition by commercial and industrial (C&I) consumers in India is expected to accelerate this year, as new and innovative solar technology solutions provide opportunities for businesses to save on electricity costs and contribute to corporate renewable energy targets, finds a new report by the Institute […]

IEEFA: In the Philippines, coal’s demise makes way for a renewable energy boom

IEEFA: In the Philippines, coal’s demise makes way for a renewable energy boom

Imported gas lock-in could undermine the economic benefits of a clean energy transition

The Philippines’ energy sector is on the brink of rapid change, with fossil fuels struggling to maintain relevance and a renewable energy industry poised for takeoff. Much of the country’s progress on clean energy and climate goals is due to the exceptional work of local activists applying pressure on policymakers to accelerate the clean energy […]

July 26, 2021 Read More →
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: Wyoming’s tough lesson: economic reality can’t be legislated away

IEEFA: Wyoming’s tough lesson: economic reality can’t be legislated away

Black Hills integrated resource plan shows futility of state’s pro-coal legislation

Wyoming politicians have worked feverishly over the last couple of years to protect the state’s struggling coal industry, but economic reality can’t be legislated away. That simple fact is readily apparent in the integrated resource plan (IRP) filed last month by Black Hills Corporation, which owns two small investor-owned utilities that do business in the […]

IEEFA: Navajo Nation, Hopi tribe advocates push for fair energy transition outcome in Arizona

IEEFA: Navajo Nation, Hopi tribe advocates push for fair energy transition outcome in Arizona

Decades of coal mining spur Navajo and Hopi efforts to urge federal intervention for environmental justice

As the energy transition gains momentum around the globe, the IEEFA documentary, “Local Leadership, Global Change: Navajo Nation & Hopi Tribe” focuses on how indigenous-led organizations are raising awareness of the need to shift away from a fossil fuel-based economy. The documentary centers on the Navajo and Hopi tribal members living on reservation lands in […]

July 22, 2021 Read More →
and

IEEFA: Understanding India’s latest peak power demand record

Ramping up solar will be crucial as peak power demand hits during the day

At around noon on 7 July 2021, India’s instantaneous power demand touched a historic high of 200 gigawatts (GW), beating the previous all-time high of 197GW which had been reached only the day before. These two consecutive days of record-breaking peak demand marked a sharp increase from the high of 190GW in financial year (FY) […]

IEEFA Australia: AGL Energy has lost over 70% of its market value, destroying A$12 billion in shareholder wealth

IEEFA Australia: AGL Energy has lost over 70% of its market value, destroying A$12 billion in shareholder wealth

It’s an (expensive) sorry tale when companies ignore shareholders and continue to invest in fossil fuels

22 July 2021 (IEEFA Australia): In failing to realise its early green ambition AGL Energy, one of Australia’s biggest electricity generators and retailers wiped over 70% off its market value in just four years, destroying A$12 billion in shareholder wealth, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Author […]

July 22, 2021 Read More →
IEEFA: Eastern Australia is the 7th most expensive domestic gas market in the world

IEEFA: Eastern Australia is the 7th most expensive domestic gas market in the world

Investors are pouring money into a gas-fired recession

22 July 2021 (IEEFA Australia): Of the major exporters, eastern Australia has wholesale contract gas prices that are the 7th most expensive globally, being over 5½ times those of Qatar, the second largest exporter of LNG; over 3 times the price of gas in the U.S.; and nearly 5 times the price of gas in […]

IEEFA U.S.: Arizona should move quickly to approve precedent-setting proposal for coal community transition

IEEFA U.S.: Arizona should move quickly to approve precedent-setting proposal for coal community transition

Utility plan would provide significant benefits for Navajo Nation, Hopi Tribe

A coal community transition funding proposal pending before the Arizona Corporation Commission would provide much-needed financial support for the Navajo Nation, Hopi Tribe and other communities affected by the shift from coal to cleaner generation sources. The commission, which regulates electric utilities, should move quickly to approve it, especially given that two years already have […]