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Melissa Brown, Grant Hauber and Press Release
Implementation challenges could block funding for other equally important high impact clean energy funding strategies
24 September 2021 (IEEFA Asia): In the lead up to the United Nations Climate Change Conference COP26, the Asian Development Bank (ADB) announced a plan to speed up the retirement of high emissions coal-fired power plants in Southeast Asia. This announcement sets the stage for a transformation of the Asian multilateral development bank’s (MDB) role […]
Elrika Hamdi, Putra Adhiguna and Press Release
Indonesia on the right emissions reduction pathway but same old coal stories persist
25 June (IEEFA Indonesia): Recent announcements by Indonesia’s state-owned utility company Perusahaan Listrik Negara (PLN) to achieve carbon neutrality by 2060 must be met with caution and scrutinized as the numbers don’t stack up, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report’s authors IEEFA energy finance […]
Johanna Bowyer
ESB reform direction updated to incorporate stakeholder feedback and state government renewables investment schemes
The national electricity market (NEM) is in a state of flux. According to the Australian government’s Energy Security Board (ESB), over 60% of existing thermal generating resources (mainly coal) in the NEM are likely to exit over the next two decades as Australia transitions towards renewable generation (mainly wind and solar) and storage. This transition […]
Simon Nicholas
A shift in focus to renewables would help to reduce the need for power subsidies or tariff increases
A new National Solar Energy Action Plan that has reportedly been drafted by SREDA – the Sustainable and Renewable Energy Development Authority – could be a significant and timely turnaround in Bangladesh’s renewable energy ambition. The report is coming at a time when Bangladesh is considering abandoning further coal-fired power development which has become increasingly […]
IEEFA
S&P Global Market Intelligence ($): The Trump administration’s replacement for the Clean Power Plan has generally been seen as positive for the U.S. coal sector, but states and utilities have expressed concerns about compliance with the rule in comments published ahead of an Oct. 31 deadline. The Affordable Clean Energy, or ACE, rule focuses on […]
David Schlissel
Energy Policy From Washington Drifts Toward Irrelevance
By turning the clock back on American energy policy through reversal of the Clean Power Plan, EPA Administrator Scott Pruitt — if he succeeds — will end up making electricity for everyday Americans more expensive. And as power bills rise so will the coal industry’s harmful impacts public health and the environment. I say “if […]
IEEFA
Bloomberg New Energy Finance: President Donald Trump’s signing last Tuesday of an Executive Order to effectively nullify the U.S. Clean Power Plan signals the new administration’s support for the coal industry and intention to turns its back on Obama-era climate change efforts. However, the move “won’t derail U.S. decarbonization” due to the plummeting cost of […]
IEEFA
Annalee Grant for SNL: In proposing the Clean Power Plan, the U.S. EPA envisioned a future in which coal was still king among generation fuels until at least 2020. But the actual generation mix for 2015 shows a present in which natural gas has stolen coal’s crown five years before the carbon-cutting rule for fossil […]
IEEFA
From UBS: CPP can be changed under Trump, but lots of hoops to jump through We held our latest conference call with Tom Lorenzen of Crowell & Morning to analyze what could happen to the Clean Power Plan putting a deeper context on the back of the latest election results. Mr. Lorenzen has over a […]
IEEFA
John H. Cushman Jr. for InsideClimate News: Judging by the brief discussion of energy policy on Donald Trump’s White House transition website, what he’d like to change about the Obama approach is everything. Presented below are our expectations for Trump’s Top Ten list—along with some evidence about how complicated it might be to achieve these […]
IEEFA Australia: Energy Security Board reforms need to be ambitious to secure a low emissions future
ESB reform direction updated to incorporate stakeholder feedback and state government renewables investment schemes
The national electricity market (NEM) is in a state of flux. According to the Australian government’s Energy Security Board (ESB), over 60% of existing thermal generating resources (mainly coal) in the NEM are likely to exit over the next two decades as Australia transitions towards renewable generation (mainly wind and solar) and storage. This transition […]