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 […]

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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 →
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IEEFA update: Three major pipeline projects are scrapped in short order

Popular opposition, financial realities and alternative solutions spell defeat for multi-billion-dollar plans

Difficult and complex decisions are being made to reject the buildout of oil and gas pipelines in the United States and Canada. Long-term debates have finally come to a head, and three major pipeline projects have been halted as a result.  The companies that planned to build the Atlantic Coast Pipeline recently threw in the […]

Maharashtra delays plans for 1,320MW coal plant expansion near Indian city of Nagpur

ET Energyworld.com: Hit by acute shortfall in revenue and rattled by opposition from environmentalists, the state cabinet has deferred the 2 x 660 MW Koradi [coal-fired] expansion project. The cabinet has not given a timeline as to when the project would be restarted. This is a major relief for Nagpurians, who are suffering from ill […]

June 8, 2020 Read More →

IEEFA Europe: Beyond coronavirus—why a carbon fee and dividend make sense

UK carbon tax and EU trading system show how a carbon fee can drive down emissions and benefit citizens

With the world now in economic lockdown and governments lavishing credit on all-comers with little restraint, it may seem a strange time to propose an additional tax for the crisis aftermath, across the global economy. But a carbon fee can help direct this wall of cash and credit along a more credible, safer path leading […]

April 9, 2020 Read More →
IEEFA update: Korean youth group launches constitutional challenge to climate policies

IEEFA update: Korean youth group launches constitutional challenge to climate policies

Move marks North Asia’s first serious legal test of government climate policies

Legal challenges to critical policy standards in Asia are rare, especially in the area of environmental law. As countries in North Asia struggle with the impact of climate change, new legal strategies are emerging that take aim at the policies and goals that underpin global carbon emission reduction targets. A case just launched by the […]

April 1, 2020 Read More →

IEEFA update: Blackstone could provide Indian energy security a strong boost

As one of the country’s largest foreign investors, it’s time to invest in renewables

One of the world’s leading private equity investment firms, the Blackstone Group, could put itself into the spotlight. Significant recent commitments from BlackRock, the world’s biggest equity manager, and JPMorgan Chase, the world’s biggest bank, to more closely align with the Paris Agreement and invest in zero-emissions renewable energy systems of the future, is putting […]

March 6, 2020 Read More →

IEEFA update: New coal-fired power could be back on the table for Australia (Podcast)

The argument that China is building more coal negates its assertive take on renewables

The Australian government is spending $6m on feasibility studies to determine whether or not a new coal-fired power plant is a good idea. It’s reignited the political debate, and with it the argument that Australia wouldn’t be the only one in the world investing in new coal. China, for instance, is currently in the process […]

February 12, 2020 Read More →
IEEFA update: Bad weather and falling demand put a damper on South Africa’s coal exports

IEEFA update: Bad weather and falling demand put a damper on South Africa’s coal exports

Richards Bay Coal Terminal misses 2019 targets, faces more stranded capacity

Exports out of South Africa’s main coal terminal have declined for the second year running to the lowest level in five years, as weather events and the energy transitions of major export customers affected operations. Richards Bay Coal Terminal (RBCT) chair Nosipho Siwisa-Damasane said recently the past year had been tough, with coal exports dropping […]

February 4, 2020 Read More →
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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 →
and

IEEFA op ed: China’s “clean” coal technology dream describes a problem, not a solution

China should lock in real gains for its economy and set the standard on clean energy

China is a global technological leader in renewable energy and is the world’s largest consumer of solar power. Both of these accomplishments came after Chinese policy leaders realized that coal-fired power generation stood in the way of cleaner skies and lower cost power. Yet in October, Chinese Premier Li Keqiang renewed focus on what the […]

and November 12, 2019 Read More →