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IEEFA Research

IEEFA: Air Products’ coal gasification proposal triggers looming policy disputes in Indonesia

IEEFA: Air Products’ coal gasification proposal triggers looming policy disputes in Indonesia

Plan to substitute Indonesia’s LPG imports with dimethyl ether may be hard to realize due to conflicting business interests

27 January, 2022 (IEEFA Indonesia): Air Products & Chemicals and the Indonesian government’s deal on coal gasification projects has triggered a looming policy conflict because it may be impossible to meet the business interests of all parties, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA). Air Products, a U.S.-based […]

and January 27, 2022 Read More →
IEEFA U.S.: Puerto Rico Legislature should reduce electric authority debt

IEEFA U.S.: Puerto Rico Legislature should reduce electric authority debt

Sanzillo: Puerto Rico solvency should not come at expense of ratepayers

January 25, 2022 (IEEFA) — The $8.26 billion in debt claimed by the Puerto Rico Electric Power Authority (PREPA) bondholders should not be borne by island ratepayers and small investors, IEEFA Director of Financial Analysis Tom Sanzillo said in testimony to the island’s legislature. Instead, Sanzillo told the Puerto Rico Senate Committee on Energy and […]

IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past $30 billion

IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past $30 billion

Delays, mismanagement, overruns may leave Georgia Power ratepayers with enormous cost burden

January 20, 2022 (IEEFA)—Once estimated at more than $14 billion, the price tag for two new reactors at Georgia Power Company’s Plant Vogtle site has now climbed past $30 billion, and both units will be more than six years late in coming online, according to a report by the Institute for Energy Economics and Financial […]

IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?

IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?

ČEZ finds itself playing catch-up after a decade of complacency

20 Jan. 2022 (IEEFA Europe) – After a decade of missed opportunities, ČEZ Group (ČEZ) finds itself playing catch-up on renewable energy, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).  ČEZ, the largest energy group in Czechia and one of the largest energy groups in Central and Eastern Europe, […]

IEEFA India: Volatile LNG prices present opportunity to switch to cleaner fuel sources

IEEFA India: Volatile LNG prices present opportunity to switch to cleaner fuel sources

Lower demand for LNG leads to under-utilisation of infrastructure and raises stranded asset risks

19 January, 2022 (IEEFA India): High and volatile liquefied natural gas (LNG) prices are an opportunity for India’s gas-dependent industries and the city gas distribution network to switch to cleaner, non-fossil fuel alternatives like biogas and biomethane, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). This will also avoid […]

and January 19, 2022 Read More →
IEEFA Europe: Coal dependence squeezes Polish taxpayers for €141 billion

IEEFA Europe: Coal dependence squeezes Polish taxpayers for €141 billion

Coal exit by 2030 gives Poland an opportunity to double clean energy generation

10 Jan. 2022 (IEEFA Europe) – Poland’s dependence on coal is costing Polish taxpayers dearly, but the Polish government remains reluctant to shift to clean energy sources, according to a report by the Institute for Energy Economics and Financial Analysis. “If a coal phaseout is achieved by 2030, the resulting savings would enable Poland to […]

IEEFA/Ember India: Uttar Pradesh is at a crossroads in its electricity transition

IEEFA/Ember India: Uttar Pradesh is at a crossroads in its electricity transition

Solar is now key to meeting the state’s future energy demand

17 December (IEEFA/Ember, India): Uttar Pradesh has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on track, not only for the state […]

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

Mature, cost-competitive recycling technology offers an immediate opportunity for emissions reductions

17 December (IEEFA Australia): Investors are increasingly pressuring global steel companies to set out credible decarbonisation plans and these demands will only intensify. A significant trend that will lower emissions will be the expansion of scrap steel recycling, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Steel recycling is […]

IEEFA: Emerging Asia’s unrealistic LNG-to-power project pipeline threatens macroeconomic and financial stability

IEEFA: Emerging Asia’s unrealistic LNG-to-power project pipeline threatens macroeconomic and financial stability

IEEFA’s investigative analysis reveals that only a small fraction of LNG projects are viable across seven emerging Asian countries

15 December (IEEFA Asia): The liquefied natural gas (LNG) industry has framed LNG as a cheap, reliable “bridge fuel” to help countries reduce coal consumption and transition to cleaner renewable energy. For many project developers and countries in emerging Asia, however, LNG is a bridge that may never be built, according to the latest report […]

IEEFA: Coal lock-in in Southeast Asia presents a challenge for the Asian Development Bank’s coal retirement plan

IEEFA: Coal lock-in in Southeast Asia presents a challenge for the Asian Development Bank’s coal retirement plan

ADB’s plan may not stop the large coal pipeline in Vietnam, Indonesia and the Philippines

10 December (IEEFA Asia): In August, the Asian Development Bank (ADB) announced an ambitious plan to buy high emissions coal-fired power plants in Southeast Asia and retire them within 15 years through an energy transition mechanism (ETM). According to the Institute for Energy Economics and Financial Analysis’ (IEEFA) latest report, if the ETM is not […]

and December 10, 2021 Read More →

More News and Commentary

IEEFA/JMK India: New restrictions on banking of power risk curbing renewable energy growth
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IEEFA/JMK India: New restrictions on banking of power risk curbing renewable energy growth

Surplus solar or wind power in peak generation periods will be wasted unless there are provisions to deposit and withdraw

21 December 2021 (IEEFA/JMK Research India): New restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market, and potentially slow progress towards India’s national target of 450 gigawatts (GW) of installed renewable capacity by 2030, according to a new briefing note by the Institute for Energy Economics and Financial Analysis […]

IEEFA U.S.: Frackers gained in 2021 as sweet spot of rising oil prices and lower costs boosted profits
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IEEFA U.S.: Frackers gained in 2021 as sweet spot of rising oil prices and lower costs boosted profits

Shrinking inventories, drilling pressure, lower futures prices may tighten margins in 2022

For the first time since the dawn of the fracking boom, North America’s oil and gas companies generated a generous surplus of cash in 2021. The bonanza stemmed in part from high oil and gas prices. A cross-section of 28 North American shale-focused oil and gas producers generated almost $40 billion in revenues during the […]

IEEFA Australia: AEMC fails to prioritise governance of distributed energy resources technical standards

Behind-the-meter resources – rooftop solar, EVs, batteries and smart appliances – must be optimised or householders will pay more in the energy transition

In July 2020, the Energy Security Board (ESB) issued a consultation paper proposing that technical standards for Distributed Energy Resources (DER) – rooftop solar, electric vehicles, smart appliances and all the rest – would be governed in a new way. In contrast to the existing mess of multiple forms of standard-setting with no coordination, a […]

IEEFA India: How round-the-clock renewables point to optimum use of energy generation and infrastructure
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IEEFA India: How round-the-clock renewables point to optimum use of energy generation and infrastructure

Amid the troubles of the coal-dominated grid, variable renewable energy has a place in ensuring reliable supply

Supply of renewable energy-integrated power should not come at the expense of stability of the electricity grid. In fact, it needs to contribute in ways that enhance grid safety and overall energy security. In India, the need of the hour is implementing demand-oriented approaches for integrating variable renewable energy such as wind and solar energy […]

IEEFA: A word of caution for Pakistan’s inclusion in the ADB Energy Transition Mechanism

IEEFA: A word of caution for Pakistan’s inclusion in the ADB Energy Transition Mechanism

ETM can work if Pakistan’s political and financial realities are taken into consideration

In August this year, the Asian Development Bank (ADB) launched an ambitious program to foster the energy transition in emerging Asia, the Energy Transition Mechanism (ETM) for Southeast Asia. The ETM is a blended finance facility that seeks to facilitate early coal-fired power plant retirements while replacing them with cleaner energy technologies. The ETM initially […]

December 20, 2021 Read More →
IEEFA: Risks are rising for ‘new generation’ of Australian coking coal projects
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IEEFA: Risks are rising for ‘new generation’ of Australian coking coal projects

Reluctant finance, emerging technology and climate concerns add to uncertainty over exports

It has been reported that a “new generation” of Australian coking coal projects are on the table that could add more than 100 million tonnes of coal to the seaborne market. Unlike thermal coal, which fuels coal-fired power plants, coking (or metallurgical coal) is used in blast furnaces for steelmaking. Australia is the second largest […]

IEEFA/Ember India: Uttar Pradesh is at a crossroads in its electricity transition
, and

IEEFA/Ember India: Uttar Pradesh is at a crossroads in its electricity transition

Solar is now key to meeting the state’s future energy demand

17 December (IEEFA/Ember, India): Uttar Pradesh has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on track, not only for the state […]

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling
, and

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

Mature, cost-competitive recycling technology offers an immediate opportunity for emissions reductions

17 December (IEEFA Australia): Investors are increasingly pressuring global steel companies to set out credible decarbonisation plans and these demands will only intensify. A significant trend that will lower emissions will be the expansion of scrap steel recycling, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Steel recycling is […]

IEEFA: Calls are mounting for a new direction and new chief executive for ExxonMobil

ExxonMobil’s lagging performance points to need for new leadership, new direction

Last week, columnist Chris Tomlinson of the Houston Chronicle contrasted solid shareholder support for a new direction at ExxonMobil with the discordant pronouncements and leadership of the company’s CEO. In the same week, The Coalition United for a Responsible Exxon (CURE)—a group of investors with $2.4 trillion in assets—provided a comprehensive review of the company […]

December 16, 2021 Read More →
IEEFA India: Renewable energy capacity additions poised to reach five-year high

IEEFA India: Renewable energy capacity additions poised to reach five-year high

Renewable energy capacity additions could hit 15GW this financial year, hastening retirement of expensive coal plants

Renewable energy capacity additions in India are poised to hit about 15 gigawatts (GW) this financial year, eclipsing the record high of 14GW achieved in FY2016/17. As India’s second wave of COVID-19 subsided, renewable capacity commissioning began to bounce back. A total of 8.6GW of renewable energy (RE) capacity – 7.6GW of which was solar […]

December 16, 2021 Read More →