Air pollution

IEEFA Research

IEEFA U.S.: Proposed Formosa, Louisiana petrochemical complex financially unviable

IEEFA U.S.: Proposed Formosa, Louisiana petrochemical complex financially unviable

IEEFA finds significant financial, market, regulatory and political risks for multibillion-dollar ‘Sunshine Project’ in Louisiana’s ‘Cancer Alley’

March 23, 2021 (IEEFA) ⎼  A report released today by the Institute for Energy Economics and Financial Analysis (IEEFA) details the financial, legal, social and public opposition risks of Taiwan-based Formosa Plastics Group’s proposed petrochemical complex in St. James Parish, Louisiana. IEEFA finds that the project will begin operations at a time of market oversupply, […]

IEEFA report: Foreign investors face tough times closing Vietnam’s remaining coal power deals

IEEFA report: Foreign investors face tough times closing Vietnam’s remaining coal power deals

Project bankability at risk as new regulations threaten usual contractual terms

3 November 2020 (IEEFA Vietnam): Foreign investors will face higher-than-usual risks in concluding coal power projects in Vietnam, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). Author Thu Vu, Energy Analyst with IEEFA, says new regulatory and market challenges will likely prove too onerous for foreign investors in four […]

and November 3, 2020 Read More →
IEEFA U.S.: Investors in gas-fired projects in largest regional power system face substantial risks

IEEFA U.S.: Investors in gas-fired projects in largest regional power system face substantial risks

Eleven PJM projects under development may fail to prove financially viable

October 5, 2020 (IEEFA) — The landscape for developers of natural gas-fired power plants in the nation’s largest regional power system has shifted dramatically over the last decade, according to a joint study by the Applied Economics Clinic and the Institute for Energy Economics and Financial Analysis. The Pennsylvania-New Jersey-Maryland (PJM) system coordinates the flow […]

IEEFA India: Government incentives increasing green investment by state-owned enterprises

Government embracing shift away from dominance of fossil fuels in energy portfolios

December 2019 (IEEFA India): The Indian government is leading the adoption of new energy technologies in the current global energy transition through various policy initiatives and learning by doing, a new IEEFA briefing note has found. In October 2019, the Ministry of New and Renewable Energy (MNRE) asked all state owned enterprises (SOEs) to prioritise […]

and December 11, 2019 Read More →
IEEFA update: Poland’s PGE should ditch plans for new lignite mine

IEEFA update: Poland’s PGE should ditch plans for new lignite mine

Utility’s investment in coal poses financial, environmental and social risks

October 8, 2019 (WARSAW) ‒ PGE, Poland’s biggest electric utility, one of the most coal- and carbon-intensive energy companies in Europe, risks prolonging serious, recent financial under-performance, if it endorses a forthcoming strategy that continues to support coal, gas and a new lignite mine, delaying the replacement of fossil fuels with renewables, according to a […]

IEEFA : PGE powinna porzucić plany nowej kopalni węgla brunatnego

Inwestycja spółki w węgiel stanowi ryzyko finansowe, środowiskowe i społeczne.

(Warszawa, 8 października 2019 r.) Zgodnie z raportem opublikowanym dzisiaj przez Instytut Ekonomii Energii i Analiz Finansowych (IEEFA) PGE, największa polska spółka energetyczna, jedna z najbardziej energochłonnych i wysokoemisyjnych firm energetycznych w Europie, ryzykuje utrzymanie słabych wyników finansowych, jeśli nadal będzie obstawała przy strategii opartej na węglu i gazie oraz inwestycji w kopalnię węgla brunatnego Złoczew, opóźniając tym samym […]

October 8, 2019 Read More →

IEEFA India: NTPC is leading electricity sector transition

Sustained profitability with 90% reduction in imported coal and a building renewable energy priority

September 12, 2019 (IEEFA India) – NTPC, the largest thermal power generation company in India, is a transition leader in India’s electricity sector, a new IEEFA briefing note has found. Entitled NTPC spearheads electricity sector transition in India, the briefing note reviews NTPC’ progress in meeting the Government of India’s long-term objectives of adding more renewables […]

and September 12, 2019 Read More →

IEEFA India: Post-election, India must formalise energy reforms already long deliberated

Newly elected government should continue push for low cost renewable energy while combating air pollution

27 May 2019 (DELHI): Although renewable energy installation has seen tremendous progress due to policy initiatives, further energy reforms are necessary for the newly re-elected Government of India to meet its ambitious target to generate 275 gigawatts (GW) from renewable energy sources by 2027. A new briefing note by IEEFA: Post-election, India must formalise energy […]

and May 28, 2019 Read More →
IEEFA India: Proposed Khurja coal power plant overpriced, uncompetitive and another threat to Delhi’s air quality

IEEFA India: Proposed Khurja coal power plant overpriced, uncompetitive and another threat to Delhi’s air quality

A high-risk proposition no longer aligned with the Government of India’s electricity sector plan

Oct. 23, 2018, NEW DELHI (IEEFA) –  A report published today by the Institute for Energy Economics and Financial Analysis (IEEFA) evaluating Tehri Hydro Development Corporation (THDC)’s proposed Khurja coal power plant in India finds the plant would push up the cost of electricity and increase air pollution at a time when the country’s renewable […]

IEEFA Report: European Coal Sector Woes Deepen With New Air Quality Mandate; One-Third of Existing Capacity Must Retrofit or Close

IEEFA Report: European Coal Sector Woes Deepen With New Air Quality Mandate; One-Third of Existing Capacity Must Retrofit or Close

More Headwinds for Major Utilities; New Limits Affect 108 Plants; Implications for Investors, With Gas and Renewables Emerging as Preferred Power-Generation Fuels

May 8, 2017 (IEEFA.org) — More than 100 separate power plants—representing one-third of Europe’s large-scale coal-fired power plant capacity—face costly air quality upgrades or closure as a result of new European Union emissions limits, according to an analysis published today by the Institute for Energy Economics and Financial Analysis (IEEFA). “These regulations will further undermine and […]

More News and Commentary

IEEFA U.S.: Proposed Formosa, Louisiana petrochemical complex financially unviable
, and

IEEFA U.S.: Proposed Formosa, Louisiana petrochemical complex financially unviable

IEEFA finds significant financial, market, regulatory and political risks for multibillion-dollar ‘Sunshine Project’ in Louisiana’s ‘Cancer Alley’

March 23, 2021 (IEEFA) ⎼  A report released today by the Institute for Energy Economics and Financial Analysis (IEEFA) details the financial, legal, social and public opposition risks of Taiwan-based Formosa Plastics Group’s proposed petrochemical complex in St. James Parish, Louisiana. IEEFA finds that the project will begin operations at a time of market oversupply, […]

Judge okays Entergy plan to close two large coal plants in Arkansas

Talk Business & Politics: A federal judge approved Thursday (March 11) a settlement agreement for Little Rock-based utility Entergy Arkansas to retire two coal-fired plants and a natural gas plant by the end of 2030. Arkansas Attorney General Leslie Rutledge had sought review of the agreement to close the plants operated by the utility of […]

March 12, 2021 Read More →

IEEFA Update: Budget 2021-22 is a ‘mixed bag’ for India’s energy transition

The push for renewable energy should be accompanied by support to phase out fossil fuels

Finance Minister Nirmala Sitharaman’s “development” budget for the fiscal year (FY) 2021-22 aims to build Indian infrastructure, enhance manufacturing and generate employment, plus drive discom reform, all of which will lay a strong foundation for economic growth and for limiting the fiscal deficit. However, budget 2021-22 is a mixed bag in terms of support for […]

February 11, 2021 Read More →

State judge’s ruling raises another hurdle for planned $9.4 billion Formosa Plastics plant in Louisiana

The Advocate: A state district judge sent critical air permits for a $9.4 billion Formosa Plastics complex back to state environmental regulators so they can take a closer look at the St. James Parish facility’s emissions impacts on Black residents living nearby. Nineteenth Judicial District Judge Trudy White issued the finding during a hearing Wednesday, […]

November 20, 2020 Read More →
IEEFA report: Foreign investors face tough times closing Vietnam’s remaining coal power deals
and

IEEFA report: Foreign investors face tough times closing Vietnam’s remaining coal power deals

Project bankability at risk as new regulations threaten usual contractual terms

3 November 2020 (IEEFA Vietnam): Foreign investors will face higher-than-usual risks in concluding coal power projects in Vietnam, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). Author Thu Vu, Energy Analyst with IEEFA, says new regulatory and market challenges will likely prove too onerous for foreign investors in four […]

and November 3, 2020 Read More →

China intends to cut all greenhouse gas emissions by 2060

Bloomberg: China’s pledge to be carbon neutral by 2060 includes all greenhouses gases, not just carbon dioxide, according to one of the country’s top climate researchers. He Jiankun, who chairs the academic committee at the Institute of Climate Change and Sustainable Development at Tsinghua University, made the clarification at a conference on Monday outlining China’s […]

October 12, 2020 Read More →

Duke Energy announces methane emissions reductions and green energy targets

Utility Dive: Duke Energy on Friday announced plans to bring its gas operations to net-zero methane emissions by 2030, increase its renewable energy output and retire some of its coal plants earlier than planned. The utility plans to double its renewable energy portfolio capacity to 16GW by 2025, at least triple the amount for its […]

October 12, 2020 Read More →
IEEFA U.S.: Investors in gas-fired projects in largest regional power system face substantial risks
, and

IEEFA U.S.: Investors in gas-fired projects in largest regional power system face substantial risks

Eleven PJM projects under development may fail to prove financially viable

October 5, 2020 (IEEFA) — The landscape for developers of natural gas-fired power plants in the nation’s largest regional power system has shifted dramatically over the last decade, according to a joint study by the Applied Economics Clinic and the Institute for Energy Economics and Financial Analysis. The Pennsylvania-New Jersey-Maryland (PJM) system coordinates the flow […]

and

IEEFA: Ohio cancels permits for controversial Mountaineer storage facility

Powhatan Salt Company was to build mining wells for storing natural gas liquids (NGLs)

September 26, 2020 (IEEFA U.S.) ‒ The Ohio Department of Natural Resources announced it had cancelled permits for the Mountaineer storage project. The permits would have allowed Powhatan Salt Company to build solution mining wells for natural gas liquids (NGL) storage in Monroe County. The storage was intended to support a burgeoning petrochemicals industry in […]

and September 28, 2020 Read More →

Tata Power CEO: Older coal plants in India should be closed, replaced with renewables

ETEnergyWorld.com: Closing old coal plants which have been in operation for 25-30 years can create space for setting up 60 gigawatts of renewable energy, according to Praveer Sinha, Managing Director (MD) & CEO, Tata Power. He was speaking at a report launch webinar organized by Climate Trends where he talked about how closing old coal-based […]

September 11, 2020 Read More →