Battery Storage

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 Australia: There’s a better way to manage coal closures than paying to delay them

IEEFA Australia: There’s a better way to manage coal closures than paying to delay them

Energy Ministers and the energy industry should reject the ESB capacity mechanism proposal

21 September 2021 (IEEFA Australia): The Energy Security Board’s (ESB) proposal for consumers to pay conventional generators such as coal and gas an extra fee for their capacity, not just the actual power they produce, should be rejected by Energy Ministers at a forthcoming meeting this Friday argues a new report prepared by energy market […]

IEEFA U.S.: Municipal ratepayers face mounting costs from expensive American Municipal Power projects

Gap between costs from Prairie State, Combined Hydro Project and market prices continues to grow

September 9, 2021 (IEEFA)—Newly available data shows American Municipal Power’s (AMP) Prairie State and Combined Hydro Project have caused costs to continue climbing for municipal ratepayers, according to an analysis by the Institute for Energy Economics and Financial Analysis (IEEFA).  Data covering January 2020 through July 2021 showed that Cleveland Public Power (CPP) and its […]

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: Zero to 60% in 14 years – South Australia’s success in transitioning to renewables

IEEFA: Zero to 60% in 14 years – South Australia’s success in transitioning to renewables

Seven important lessons for energy planners around the globe in transitioning grids from fossil fuels to renewables

3 June 2021 (IEEFA Australia): South Australia offers vital lessons for other jurisdictions transitioning from a fossil fuel-based electricity grid to a low emissions, high renewables grid, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “The proportion of South Australia’s electricity demand met by large scale and small scale variable […]

IEEFA: New power and energy master plan must be designed in Bangladesh’s best interests, not Japan’s

IEEFA: New power and energy master plan must be designed in Bangladesh’s best interests, not Japan’s

JICA must deliver a low or zero emissions plan as promised, not fund Matarbari 2 coal plant

24 May 2021 (IEEFA Bangladesh): Clear understandings from the Bangladesh government’s recently released 8th Five-Year Plan must be incorporated into the new energy and power master plan currently under development by the Japan International Cooperation Agency (JICA) to drive zero carbon transformation and financial sustainability in the energy system, finds a new report from the […]

IEEFA U.S.: Duke Energy IRPs for Carolina utilities overlook opportunities for savings from renewables

IEEFA U.S.: Duke Energy IRPs for Carolina utilities overlook opportunities for savings from renewables

Integrated resource plans for Duke give short shrift to offshore wind, solar and battery storage

April 5, 2021 (IEEFA) ⎼ A pair of long-range plans for Carolina utilities owned by Duke Energy are all but ignoring potential savings from renewable energy sources over the next decade, according to a report by the Institute for Energy Economics and Financial Analysis. The IEEFA report is the fourth in a series examining the […]

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

Coal, gas set to become biggest losers as renewable generation climbs quickly

March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]

IEEFA: What India can learn from Australia’s distributed energy transformation

IEEFA: What India can learn from Australia’s distributed energy transformation

Combining rooftop solar with batteries and electric vehicles is in India's near-future

31 March 2021 (IEEFA India): Policy makers and regulators must build the framework required for combining rooftop solar with battery storage and electric vehicles to meet Prime Minister Narendra Modi’s vision for a sustainable, energy-secure future, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). In addition to the […]

IEEFA: Folly of wasting Australian taxpayer cash on Beetaloo gas 

IEEFA: Folly of wasting Australian taxpayer cash on Beetaloo gas 

Australia’s economic recovery from COVID-19 heading to a 'dead end'

The Australian Government’s obsession with wasting taxpayers’ money on gas is leading Australia’s economic recovery from COVID-19 to a “dead end”, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report finds that all indicators show Australian consumers and the country’s main export customers will use less gas […]

More News and Commentary

Slovenia pledges end to coal-fired power by 2023

Bloomberg ($): Slovenia plans to quit burning coal in power stations by 2033, becoming the latest country to pledge to exit the dirtiest fossil fuel. The government said it will stop using coal for electricity by that year as part of a “fair transition” of its coal regions, according to documents released on Thursday. The […]

January 14, 2022 Read More →

U.S. greenlights 500-megawatt solar farm on public land in California

S&P Capital IQ ($): Intersect Power LLC can move ahead with its 500-MW Oberon Solar Project on federal land in Riverside County, Calif., after the Biden administration greenlighted the company’s right-of-way application. The project, located on roughly 2,700 acres managed by the U.S. Department of the Interior’s Bureau of Land Management, or BLM, includes a […]

January 14, 2022 Read More →

Reliance Industries plans $80 billion investment in green projects

Reuters: India’s Reliance Industries (RELI.NS) said it would invest 5.95 trillion rupees ($80.49 billion) to set up green energy projects and bolster its retail and telecom arms in the western state of Gujarat, as it targets net-zero carbon emissions by 2035. Owned by billionaire Mukesh Ambani, the conglomerate has in the past year unveiled plans […]

January 14, 2022 Read More →
IEEFA U.S.: The coal boom that wasn’t
and

IEEFA U.S.: The coal boom that wasn’t

EIA data confirm long-term decline of fuel’s generation, market share

Preliminary 2021 data from the Energy Information Administration confirm what IEEFA said throughout the year: The long-term-trend in U.S. utility generation continues to move away from fossil fuels, particularly coal, and toward greater renewable energy use. Last year’s coal narrative used the historically low generation totals from 2020 to tout a supposed boom in demand. […]

LG Energy initial public offering of $6 billion takes $80 billion in bids

PV Magazine: Chemical-based battery company LG Energy Solution‘s (LGES’) $10.7 billion initial public offering received bids worth around $80 billion from institutional investors, Reuters reported today. The book for the offering, the largest ever held in South Korea, will close tomorrow with deal pricing set for Friday. The reported IPO could take the company’s value […]

January 12, 2022 Read More →

Woodside Energy plans 500-megawatt solar farm in Western Australia

PV Tech: Australian LNG player Woodside Energy has tabled plans to build a utility-scale solar-storage project with a generation capacity of up to 500MW in Western Australia. The proposal, submitted to Western Australia’s Environmental Protection Authority, states Woodside’s intent to build the Woodside Solar Facility in the Maitland Strategic Industrial Area near Karratha in Pilbara, […]

January 12, 2022 Read More →

Goldman Sachs invests $250 million in novel compressed air storage

Canary Media: An iconoclastic Canadian startup just raised a landmark investment from Goldman Sachs to build massive storage for clean energy. Hydrostor stores surplus electricity by compressing air into underground caverns. It updates a long-standing technology that never took off for electrical storage. Hydrostor thinks the tweaks it has made will allow underground storage to […]

January 11, 2022 Read More →

Bridge to India: Country to add 10 gigawatts of renewables in 2022

The Economic Times: India is estimated to add about 10 gigawatt (GW) of total renewable energy capacity in 2022, down 10 per cent year-on-year, according to clean energy consultancy firm Bridge to India. “Capacity addition prospects would depend greatly on the timeline for clarity on transmission lines in Rajasthan and Gujarat. Many projects have already […]

January 11, 2022 Read More →

Blackstone announces plans for $3 billion stake in Invenergy

Bloomberg ($): Blackstone Inc. is adding to its bets on sustainability and climate change, with a $3 billion investment in clean energy and infrastructure-focused Invenergy. Blackstone’s infrastructure group will take a minority stake in the renewable energy developer, with Invenergy and Canadian pension fund Caisse de dépôt et placement du Québec remaining the majority owners […]

January 10, 2022 Read More →

Tesla unveils 100-megawatt Texas energy storage facility

Electrek: Tesla has unveiled its giant new Megapack battery project in Texas in a new Youtube video. It’s one of the biggest yet. Texas is having to rethink its electric grid after bad weather last winter put so much pressure on the grid that it pushed it to the brink of failure. The strain resulted […]

January 10, 2022 Read More →