Energy Investment Trends

IEEFA Research

IEEFA: Powering up solar irrigation effort will support India’s renewable energy targets

IEEFA: Powering up solar irrigation effort will support India’s renewable energy targets

States must overcome obstacles to ramp up installation of solar pumps

11 June 2021 (IEEFA India): India’s mission to deploy some 2 million off-grid solar-powered irrigation pumps is making sluggish progress, with only one-eighth of the target achieved so far, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA) which urges the central and state governments to remove bottlenecks in […]

IEEFA: A loss of excise tax revenue should not stall the uptake of electric vehicles in Australia

IEEFA: A loss of excise tax revenue should not stall the uptake of electric vehicles in Australia

More pragmatic focus would be incentivising industry and modernizing the grid

8 June 2021 (IEEFA Australia): A new tax on EV users is unnecessary as the Australian (Commonwealth) government is well placed to deal with the potential revenue impact of the inevitable move to electric vehicles, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). Global automotive manufacturers have committed almost […]

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: Chinese regulators urged to tighten rules for carbon neutral bonds

IEEFA: Chinese regulators urged to tighten rules for carbon neutral bonds

Bond proceeds going to coal-dominated state-owned enterprises – ESG investors beware

1 June 2021 (IEEFA): China’s carbon neutral bonds fail to restrict the use of funds to green projects and are adding to the working capital of coal-dominated state-owned enterprises (SOEs), according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) which calls for deeper reforms to green finance standards […]

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 Pakistan: Coal gasification and liquefaction harmful to economy

IEEFA Pakistan: Coal gasification and liquefaction harmful to economy

There is no second life for coal

6 May 2021 (IEEFA Pakistan): Pakistan’s intention to use coal for power production through gasification and liquefaction technologies is likely to cause harmful economic impacts and a subsequent increased reliance on fossil fuels in Pakistan, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Pakistan’s intention to explore a second […]

IEEFA: LNG-to-power investors in the Philippines risk exposure to $14 billion in stranded assets

IEEFA: LNG-to-power investors in the Philippines risk exposure to $14 billion in stranded assets

High regulatory and financial uncertainty in the Philippines market

5 May 2021 (IEEFA Philippines):  The race to develop liquified natural gas (LNG) facilities in the Philippines has gone from a marathon to a sprint but potential LNG investors must proceed at their own risk, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Officials in the Philippines have […]

IEEFA: Backlog of unsigned power sale agreements risks slowing India’s renewable energy growth

IEEFA: Backlog of unsigned power sale agreements risks slowing India’s renewable energy growth

Freeing up India’s ‘on-hold’ renewable energy capacity

7 April 2021 (IEEFA India): Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening investor confidence and threatening the viability of projects, finds a new briefing note from the Institute for Energy […]

IEEFA: Santos’ Barossa gas field emissions create major risks for shareholders 

IEEFA: Santos’ Barossa gas field emissions create major risks for shareholders 

With export markets' changing expectations, investors and industry beware

31 March 2021 (IEEFA Australia): Santos’ proposed offshore Barossa gas field near Darwin, Northern Territory has the unfriendly tag of having more carbon dioxide than any gas currently made into LNG, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The gas contains so much CO2 that most of it […]

IEEFA: Frackers produce positive cash flows in 2020 with deep capital expenditure cuts

IEEFA: Frackers produce positive cash flows in 2020 with deep capital expenditure cuts

Beleaguered fracking sector generates $1.8 billion cash flow, but only after $20 billion cuts in capex

March 24, 2021 (IEEFA)—A cross-section of 30 shale oil and gas producers marked the first full year of positive free cash flows since the fracking boom began—but only after deep cuts to capital expenditures that raise troubling questions about the industry’s future. The report by the Institute for Energy Economics and Financial Analysis (IEEFA) found […]

More News and Commentary

Bond investors beginning to focus on ESG benefits

Bloomberg ($):  Here’s a bit of good news from ESG land, a place all too often marked by overly-enthused press releases, limited oversight and a patchwork of regional rules and incentives that can sometimes result in worse outcomes for the planet. ESG concerns finally seem to be showing up in the funding costs for oil […]

June 18, 2021 Read More →

Majority of ESG funds outshone S&P 500 in first part of 2021

S&P Global Market Intelligence ($):  More than half of ESG-linked funds outperformed the S&P 500 in the first several months of 2021 even as two new reports lay out opposing views about the factors driving the trend. Using S&P Global Market Intelligence data, we tracked the price change for 27 ESG exchange-traded funds and mutual […]

June 17, 2021 Read More →

EU green bond standards will be voluntary, not binding

Bloomberg ($):  The European Union’s green bond standard will be voluntary rather than binding for issuers, according to a draft document seen by Bloomberg. The new bond rules, which will be tied to the bloc’s blueprint for environmentally-friendly investments, will be ready for use in 2022 and aim to “set the global standard,” according to […]

June 17, 2021 Read More →

Axian announces plan to double size of Madagascar solar plant

PV Magazine: African conglomerate Axian Group has announced plans to double the size of its 20 MWp Ambatolampy solar field, in Madagascar. The Antananarivo-based business, which operates in the real estate, telecoms and finance, as well as energy sectors, said it will start work on a €17 million project to double the scale of the […]

June 17, 2021 Read More →

Texas passes law banning investments with fossil divesting businesses

Bloomberg ($):  Texas is drawing battle lines in a fight against investors and companies turning their backs on fossil fuels. Governor Greg Abbott signed a bill into law on Monday banning state investments in businesses that cut ties with the oil and gas industry. The underlying message, according to one of the most powerful energy […]

June 16, 2021 Read More →

Britain’s biggest asset manager drops companies over climate response

Reuters: Legal & General Investment Management, Britain’s biggest asset manager, said on Tuesday it would drop four companies from a number of its funds over their “insufficient” response to the challenge of climate change, including U.S. insurer AIG. The others to be divested are Chinese lender Industrial and Commercial Bank of China, U.S. utility holding […]

June 16, 2021 Read More →

Norwegian major Equinor updates renewable spending plans

NS Energy:  Equinor plans to significantly raise its investments in clean energy this decade, pledging 50% of its capital spending budget to renewable and low-carbon projects by the end of 2030. That compares to a 4% allocation in 2020, and will translate into 12-16 gigawatts (GW) installed capacity by the end of the period – […]

June 16, 2021 Read More →

IEEFA: Institutional investors have a major role to play in carbon emissions reduction

IEA Net Zero by 2050 report lays out roadmap for successful economic transition

The recently released International Energy Agency (IEA) roadmap to a net-zero economic transformation by 2050 not only lays out an energy-and-beyond vision, but also sets forth key steps needed to achieve it.  The situation is dire, and the message for institutional investors, particularly public funds, is stark. Maintaining returns that meet financial targets—and protecting the […]

June 15, 2021 Read More →
IEEFA Energy Finance 2021 online conference starts June 14

IEEFA Energy Finance 2021 online conference starts June 14

IEEFA conference gathers leaders and experts from across sectors to explore energy transition

IEEFA’s Energy Finance Conference 2021 kicks off Monday June 14th at 1:00 pm EDT with a keynote presentation by Michael Liebreich, Chairman and CEO of Liebreich Associates (and founder of New Energy Finance, now Bloomberg NEF). Moderator: Sergio Knaebel, Sandler Foundation The conference is being held online during the weeks of June 14 and June […]

IEEFA: Global investment is racing to meet the IEA’s Net Zero by 2050 roadmap – how will this impact India?

IEEFA: Global investment is racing to meet the IEA’s Net Zero by 2050 roadmap – how will this impact India?

Global shift of funds away from fossil fuels is accelerating

The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […]

June 11, 2021 Read More →