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IEEFA Research

IEEFA/JMK Research: Round-the-clock tenders can help meet demand for firm renewable power

IEEFA/JMK Research: Round-the-clock tenders can help meet demand for firm renewable power

Tenders have evolved from “vanilla” solar or wind, to hybrid, to round-the-clock

24 November (IEEFA/JMK Research India): Electricity distribution companies (discoms) demand firm and uninterrupted renewable power. A new report by IEEFA and JMK Research highlights the important role that different mixes of generation sources and storage technologies can play in overcoming the intermittency challenge of variable renewable energy (VRE) and ensuring grid stability. Renewable energy blended […]

IEEFA U.S.: Gas-fired power plant cancellations and delays signal investor anxiety, changing economics

IEEFA U.S.: Gas-fired power plant cancellations and delays signal investor anxiety, changing economics

Financial concerns are likely to affect other PJM gas projects still in the planning phase

Nov. 18, 2021 (IEEFA) – A recent decision to cancel the 1,000-megawatt Beech Hollow combined gas plant in Pennsylvania is the latest warning for investors considering funding new gas-fired power plants in the PJM Interconnection (PJM) region. According to a briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA), the reason is […]

IEEFA: Indonesia’s excess coal power capacity and PLN’s debt burden are blocking their decarbonization pathway

IEEFA: Indonesia’s excess coal power capacity and PLN’s debt burden are blocking their decarbonization pathway

Financial giants Japan and China can play a critical role in Indonesia’s green energy transition

18 November (IEEFA Indonesia): Japanese and Chinese investors combined have a 41% ownership interest in Indonesia’s coal independent power producer projects. According to the latest report from the Institute for Energy Economics and Financial Analysis (IEEFA), financial giants Japan and China are responsible for Indonesia’s excessive coal power expansion over the past 15 years, but […]

IEEFA U.S.: Shortage of high-quality sites threatens future Bakken oil and gas production

IEEFA U.S.: Shortage of high-quality sites threatens future Bakken oil and gas production

Decline in top-tier wells forces shift to less-productive Bakken oil and gas regions

November 3, 2021 (IEEFA) — A shortage of high-quality drilling sites poses a long-term risk to oil production in the Bakken formation, according to an analysis by the Institute for Energy Economics and Financial Analysis (IEEFA). Since the Bakken boom began 13 years ago, producers have focused on core areas where horizontal wells provide easier […]

IEEFA: Innovative financing can help India achieve its renewable energy goals

IEEFA: Innovative financing can help India achieve its renewable energy goals

Green bonds, multilateral development bank loans and infrastructure investment trusts are among potential financing sources

29 October (IEEFA India): To reach India’s renewable energy goals, companies in the sector will need to fund capacity expansion with massive amounts of capital at competitive rates. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) looks at how this can be done by augmenting traditional financing structures and sources […]

IEEFA: Battery storage and green hydrogen can boost India’s renewable energy efforts

IEEFA: Battery storage and green hydrogen can boost India’s renewable energy efforts

Markets for grid-scale batteries and green hydrogen are taking shape in India

21 October (IEEFA India): Battery storage and green hydrogen – markets that are critical for India’s renewable future and energy security – could scale up rapidly in the country, bolstered by government policy and private company ventures, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “Grid-scale energy […]

IEEFA Update: Santos won’t solve the problem of Barossa LNG with carbon capture and storage

IEEFA Update: Santos won’t solve the problem of Barossa LNG with carbon capture and storage

Leaving the ‘dirty’ gas in the ground might now be the best course of action

20 October 2021 (IEEFA Australia): Even if it employed carbon capture and storage, Barossa gas will continue to release financially risky carbon dioxide emissions onsite, onshore and across the supply chain, making it one of the more expensive and dirtiest gas projects in the world, finds a new report from the Institute for Energy Economics […]

IEEFA: Australia’s climate policies could push New South Wales into a debt spiral

IEEFA: Australia’s climate policies could push New South Wales into a debt spiral

Climate policy failure will shrink Australia’s GDP by 6% and increase net debt in NSW to 100% by 2060, with taxpayers footing the bill

20 October 2021 (IEEFA Australia): Australia’s failure to commit to net zero targets or any credible climate policy is a growing economic threat to New South Wales and other states, argues a new report by the Institute of Energy Economics and Financial Analysis (IEEFA). The Reserve Bank of Australia’s deputy governor Guy Debelle last week […]

and October 20, 2021 Read More →
IEEFA U.S.: Skyrocketing plastics prices a major concern for public health, economy

IEEFA U.S.: Skyrocketing plastics prices a major concern for public health, economy

An ‘essential industry’ to the U.S. economy runs in the dark

October 18, 2021 (IEEFA) — Despite its growing importance to the U.S. economy, the nation’s plastics industry remains a heavily concentrated sector taking advantage of an opaque, unregulated price-setting mechanism to bolster profits for major oil and gas companies, as well as plastic producers. The sector, which has increased prices throughout the year, was deemed […]

IEEFA U.S.:  Pension funds investing indirectly in Ohio’s Gavin coal plant are at risk as financial, environmental disadvantages mount

IEEFA U.S.: Pension funds investing indirectly in Ohio’s Gavin coal plant are at risk as financial, environmental disadvantages mount

Declining demand for coal plants, credit agency downgrades and investor scrutiny create challenges for Lightstone investment prospects

October 14, 2021 (IEEFA) — The major pension and retirement funds that own a piece of the General J.M. Gavin (Gavin) coal plant in Ohio face increasing challenges from their investment. Most investors do not know that they own a share of the plant and some are just beginning to realize it, according to an […]

More News and Commentary

IEEFA India: Developed countries will have to massively scale up climate finance
and

IEEFA India: Developed countries will have to massively scale up climate finance

The US$100 billion a year pledge is nowhere near enough to meet the Paris targets

The COP26 summit in Glasgow saw big carbon-emitting countries including India commit to net zero emissions (NZE) and a deal between the U.S and China, the two biggest emitters, to ramp up climate cooperation, including reducing methane emissions as an urgent priority, protecting forests and phasing down coal. However, despite major breakthroughs, the conference has failed […]

IEEFA U.S.: Gas-fired power plant cancellations and delays signal investor anxiety, changing economics
and

IEEFA U.S.: Gas-fired power plant cancellations and delays signal investor anxiety, changing economics

Financial concerns are likely to affect other PJM gas projects still in the planning phase

Nov. 18, 2021 (IEEFA) – A recent decision to cancel the 1,000-megawatt Beech Hollow combined gas plant in Pennsylvania is the latest warning for investors considering funding new gas-fired power plants in the PJM Interconnection (PJM) region. According to a briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA), the reason is […]

IEEFA U.S.: New Mexico pushes plan to pivot from heavy dependence on oil and gas industry

Report urges diversifying to shift from boom-and-bust cycles driven by fossil fuels

New Mexico has announced a major realignment of its economic development program that calls for reducing reliance on oil and gas production. One of its six major goals is to shift the economy from its dependence on just a few key industries, including government, retail, and oil and gas. The plan represents an important and […]

November 18, 2021 Read More →
IEEFA: Indonesia’s excess coal power capacity and PLN’s debt burden are blocking their decarbonization pathway
, and

IEEFA: Indonesia’s excess coal power capacity and PLN’s debt burden are blocking their decarbonization pathway

Financial giants Japan and China can play a critical role in Indonesia’s green energy transition

18 November (IEEFA Indonesia): Japanese and Chinese investors combined have a 41% ownership interest in Indonesia’s coal independent power producer projects. According to the latest report from the Institute for Energy Economics and Financial Analysis (IEEFA), financial giants Japan and China are responsible for Indonesia’s excessive coal power expansion over the past 15 years, but […]

IEEFA Poland: PZU’s stance on coal makes no sense either for Paris Agreement or for its shareholders

IEEFA Poland: PZU’s stance on coal makes no sense either for Paris Agreement or for its shareholders

From environmental and business perspectives, PZU still insuring coal is at odds with its share price - and its peers

Poland’s largest insurer, PZU, stands out among European insurers — for the wrong reason. It is conspicuous in still insuring coal when almost all of its European peers are exiting coal. This action goes against all of the objectives of the UN Paris Agreement to phase out fossil fuels by 2050. We know that this […]

IEEFA Update: Renewable energy offers immediate solution to India’s persistent clean cooking challenge

Leapfrogging over major investment in gas imports

India has made considerable progress in the transition to clean cooking. But close to 35% of the population continues to depend on firewood, wood chips, crop residue, dung cakes and other polluting solid fuels for cooking, which are hazardous to health and the environment. In the immediate term, with 99.99% of households electrified and 92.02% with a […]

and

IEEFA: More than half of current global steel production may have already reached peak carbon emissions

Regulation and falling demand look to have capped steel's carbon emissions in China, the world's largest producer

The latest data from China’s National Bureau of Statistics shows that the country’s monthly crude steel production dropped to a nearly four-year low in October 2021 at 71.6 million tonnes. For the first ten months of 2021, China’s crude steel output is now down 0.7%, the first decline in year-to-date output for at least five […]

IEEFA U.S.: Proposed gas plants found unnecessary and inconsistent with New York climate law

State regulator rejects gas owners’ vague promises of shift to non-fossil fuels as “aspirational”

A New York state environmental agency recently saved electricity ratepayers millions of dollars by denying permits for construction of two unneeded natural gas power plants. In two decisions on permit applications to replace aging power plants scheduled for shutdown, the agency conducted a vigorous assessment of the necessity of the projects. It also identified concerns […]

November 15, 2021 Read More →

IEEFA: EU considers bowing out of gold standard taxonomy – leaving room for China to take the lead

China’s taxonomy rejects LNG, gas and coal

It appears the EU is no longer going for gold. The executive vice president of the European Commission, Frans Timmermans, has signalled that after months of debate, the bloc is considering a role for ‘natural’ gas in the EU green taxonomy. This is despite the UN-backed Net-zero Asset Owner Alliance representing around EUR 9 trillion warning […]

November 15, 2021 Read More →
IEEFA India: Renewable energy sector could attract a flood of global capital to meet climate targets

IEEFA India: Renewable energy sector could attract a flood of global capital to meet climate targets

Renewable energy developers need to pursue a range of financing avenues from green bonds and multilateral development bank loans to infrastructure investment trusts

India is the world’s fourth largest energy consumer and among the fastest growing large economies. With strong economic growth and electricity demand, the country will need additional sources of energy to fuel its economy – the International Energy Agency (IEA) projects that India’s energy demand will increase by 35% from 2019 to 2030. The nation’s […]