Coal Gasification

IEEFA Research

IEEFA Indonesia: DME coal gasification project could lose US$377 million annually

IEEFA Indonesia: DME coal gasification project could lose US$377 million annually

Investing in DME doesn’t make economic sense

10 November 2020 (IEEFA Indonesia): A proposed coal gasification plant for Sumatra could lose US$377 million dollars annually, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Author and energy finance Analyst Ghee Peh says that with the COVID-induced economic contraction, this is not the time to be subsidizing a […]

and November 10, 2020 Read More →

IEEFA update: Australia’s gas-led recovery is flogging a dead horse

With LNG worse for the climate than coal, Australia must adjust to our export markets shrinking

With polluting emissions from LNG 13% higher than gas, and Australia’s primary export destinations targeting net zero emissions and therefore less dirty LNG, Australia’s gas-led recovery is looking increasingly like the Australian government is ‘flogging a dead horse’. Australia’s core export markets for LNG, coal and iron ore – Japan, South Korea and China – […]

November 3, 2020 Read More →
IEEFA Australia: COVID-19 Advisory Board wants government to subsidise failing gas industry

IEEFA Australia: COVID-19 Advisory Board wants government to subsidise failing gas industry

Gas usage for gas powered generation has declined by 58% since 2014

28 August 2020 (IEEFA Australia): Proposals for providing long term subsidies to the flailing gas industry have the potential to cause significant long-term economic damage to Australia, finds a new report by energy thinktank, the Institute for Energy Economics and Financial Analysis (IEEFA). The National COVID-19 Commission (Advisory Board) (NCC) led by Western Australian gas […]

IEEFA update: Santos loses $7 billion in write-offs in 5 years

IEEFA update: Santos loses $7 billion in write-offs in 5 years

Government backs a losing company, and a losing industry

19 February 2020 (IEEFA Australia): Australian energy company Santos which owns the yet to approved government-backed Narrabri gas fields in New South Wales has suffered $6.9 billion in write-offs on Australian coal seam gas (CSG), shale gas and its ill-fated CSG to LNG project at Gladstone in just five years and a further $58 million […]

More News and Commentary

IEEFA Australia: Beetaloo is a sink-hole which the gas industry itself isn’t even investing in

IEEFA Australia: Beetaloo is a sink-hole which the gas industry itself isn’t even investing in

Federal Government’s $50 million handout to Northern Territory gas industry a shocking waste of taxpayer dollars

The Federal government’s $50 million handout to the Northern Territory’s failing gas industry to fast-track exploration in the Beetaloo Basin is a waste of taxpayer money that will bring zero return. The gas industry is not even investing itself, so why would the Federal Government? Gas companies have been cutting production and sacking workers. Stimulating […]

December 21, 2020 Read More →
IEEFA Indonesia: DME coal gasification project could lose US$377 million annually
and

IEEFA Indonesia: DME coal gasification project could lose US$377 million annually

Investing in DME doesn’t make economic sense

10 November 2020 (IEEFA Indonesia): A proposed coal gasification plant for Sumatra could lose US$377 million dollars annually, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Author and energy finance Analyst Ghee Peh says that with the COVID-induced economic contraction, this is not the time to be subsidizing a […]

and November 10, 2020 Read More →

IEEFA update: Australia’s gas-led recovery is flogging a dead horse

With LNG worse for the climate than coal, Australia must adjust to our export markets shrinking

With polluting emissions from LNG 13% higher than gas, and Australia’s primary export destinations targeting net zero emissions and therefore less dirty LNG, Australia’s gas-led recovery is looking increasingly like the Australian government is ‘flogging a dead horse’. Australia’s core export markets for LNG, coal and iron ore – Japan, South Korea and China – […]

November 3, 2020 Read More →
IEEFA Australia: COVID-19 Advisory Board wants government to subsidise failing gas industry
and

IEEFA Australia: COVID-19 Advisory Board wants government to subsidise failing gas industry

Gas usage for gas powered generation has declined by 58% since 2014

28 August 2020 (IEEFA Australia): Proposals for providing long term subsidies to the flailing gas industry have the potential to cause significant long-term economic damage to Australia, finds a new report by energy thinktank, the Institute for Energy Economics and Financial Analysis (IEEFA). The National COVID-19 Commission (Advisory Board) (NCC) led by Western Australian gas […]

IEEFA update: Australia sponsors a failing gas industry

The story of the Narrabri gas project

The controversial Narrabri gas project for New South Wales, Australia enters the final stages of approval with over 400 people presenting to the Independent Planning Commission who will determine its fate. The project is the most hotly contested resource project in the history of the state with over 23,000 submissions, 98% of which objected to […]

IEEFA Update: The markets won’t respond to Australia’s proposed “gas-fired recovery”

The NCCC’s gas-based agenda is bound for failure

Australia’s National COVID-19 Coordination Commission (NCCC) has outlined its plans for a gas-fired recovery in a leaked report. Essentially it is looking to lower the domestic price of gas to $4/gigajoule by following the U.S. model of gas production and build a gas intensive manufacturing base off the back of this cheap resource. There are […]

IEEFA update: Santos loses $7 billion in write-offs in 5 years
and

IEEFA update: Santos loses $7 billion in write-offs in 5 years

Government backs a losing company, and a losing industry

19 February 2020 (IEEFA Australia): Australian energy company Santos which owns the yet to approved government-backed Narrabri gas fields in New South Wales has suffered $6.9 billion in write-offs on Australian coal seam gas (CSG), shale gas and its ill-fated CSG to LNG project at Gladstone in just five years and a further $58 million […]

Southern Co. Terminates Marquee U.S. ‘Clean Coal’ Project

Associated Press: One of the nation’s largest utilities, faced with an ultimatum from Mississippi regulators, said Wednesday that it will suspend efforts to complete a first-of-its-kind coal-fueled power plant. The move is a blow in efforts to develop coal plants that emit less carbon dioxide, which could be key to improving the health of the […]

June 29, 2017 Read More →

IEEFA Update: Kemper, Edwardsport, and ‘Clean Coal’

Construction Delays and Budget Overruns; Productivity Problems; High Operating Costs

If the “clean coal” integrated gasification combined cycle (IGCC) technology promoted at home and abroad by the U.S. utility industry sounds too good to be true, it’s because it is. That’s why Moody’s Investors Services warned the other day that it might downgrade the credit of Mississippi Power Company because of the declining competitiveness of […]

February 28, 2017 Read More →

Southern Company’s ‘Clean Coal’ Flop

Russell Gold for the Wall Street Journal: Southern Co. said it has nearly completed a first-of-its-kind “clean coal” power plant, though a new analysis suggests it might not make sense to burn coal in it. After taking nearly seven years and $7.1 billion to build, the Kemper County, Miss., facility, which can burn coal and […]

February 23, 2017 Read More →