Energy Markets

IEEFA Research

IEEFA: Bangladesh’s power system overcapacity problem is getting worse  

IEEFA: Bangladesh’s power system overcapacity problem is getting worse  

Overcapacity, along with increased reliance on expensive coal and LNG imports, threaten to increase the cost of power generation

20 January 2021 (IEEFA Bangladesh): Overcapacity in Bangladesh’s power system has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA) today. Data from the Bangladesh Power Development Board’s (BPDB) latest annual report shows that overall power capacity utilisation in fiscal year […]

IEEFA: There will be no smooth sailing for LNG investors in Vietnam 

IEEFA: There will be no smooth sailing for LNG investors in Vietnam 

Great enthusiasm will be met by regulatory, financing and market challenges

19 January 2020 (IEEFA Vietnam): Liquified natural gas (LNG) suppliers and gas power developers looking at making Vietnam an essential LNG market should not expect to replicate the success of renewable energy seen recently in the country, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Author Thu Vu, Energy […]

and January 19, 2021 Read More →
IEEFA: Nhiệt điện khí LNG không dễ để bùng nổ ở Việt Nam

IEEFA: Nhiệt điện khí LNG không dễ để bùng nổ ở Việt Nam

Rào cản chính sách, nguồn vốn và thị trường sẽ thử thách các nhà đầu tư

Ngày 19 tháng 1 năm 2021 (IEEFA Vietnam): Trong thời gian vừa qua, Việt Nam đã nhanh chóng nổi lên là một trong những thị trường nhập khẩu khí thiên nhiên hóa lỏng (LNG) cho phát điện tiềm năng nhất ở châu Á. Tuy nhiên, không dễ để điện khí LNG tạo ra bước nhảy […]

and January 19, 2021 Read More →
IEEFA Indonesia: PLN has ‘Green Ambition’ but is short on renewable energy credibility

IEEFA Indonesia: PLN has ‘Green Ambition’ but is short on renewable energy credibility

A detailed sustainability roadmap going forward will assist PLN’s credibility with ESG investors

22 December 2020 (IEEFA Indonesia): PLN must be prepared for a much higher level of scrutiny around its continuing coal investments and lack of progress in renewable energy investment projects when the company launches its debut green and/or sustainable bonds, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). […]

and December 22, 2020 Read More →
IEEFA: AIA too important to lag global insurers in coal investment, divestment, and exclusion

IEEFA: AIA too important to lag global insurers in coal investment, divestment, and exclusion

AIA must back their climate pledges

21 December 2020 (IEEFA Asia): Major insurer AIA still holds anywhere between US $4 – 6 billion in coal and coal-fired power assets that if stranded will massively reduce wealth for investors and despite pledging its commitment to three significant global climate accords according to a new report by the Institute for Energy Economics and […]

and December 21, 2020 Read More →
IEEFA: European gas pipeline companies mislead investors by underreporting CO<sub>2</sub>

IEEFA: European gas pipeline companies mislead investors by underreporting CO2

Reporting loophole means midstream operators aren't following the same guidelines as upstream or downstream sellers

December 14, 2020 (IEEFA) — European pipeline companies are using a loophole to market themselves as low-carbon businesses and avoid reporting on the climate effects of the natural gas they transport, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Hiding in Plain Sight—European Gas Pipeline Companies’ […]

IEEFA U.S.: Frackers cut capex to $5.8 billion during third quarter, lowest level in a decade

IEEFA U.S.: Frackers cut capex to $5.8 billion during third quarter, lowest level in a decade

Free cash flow surges as capital reductions may mark beginning of end for shale boom

December 8, 2020 (IEEFA) —Facing low prices and weak demand, a cross-section of 33 shale-focused oil and gas producers cut their capital expenditures (capex) to their lowest level in more than a decade, according to an analysis released today by the Institute for Energy Economics and Financial Analysis. Thirty-two of the 33 companies cut capex […]

IEEFA Philippines: NPC-SPUG shift can drive savings to P13.5 billion per year

IEEFA Philippines: NPC-SPUG shift can drive savings to P13.5 billion per year

Shift from diesel to renewables can save electric coops P1.4-1.7 billion over next decade

3 December 2020 (IEEFA Philippines): The record-breaking disasters in the Philippines this year highlight the potential for renewable energy to power small island and isolated power grids and save the country up to P13.5 billion per year, and electric cooperatives an additional P1.4 to P1.7 billion over the next decade, finds a new report from […]

IEEFA: Japanese and Korean investment in risky PJM gas-fired power calls for strategic decisions

IEEFA: Japanese and Korean investment in risky PJM gas-fired power calls for strategic decisions

Investing in gas-fired power plant development faces substantial climate risk

2 December 2020 (IEEFA): Japanese and Korean investors should reassess the growing financial risks to both their new and existing gas-fired power projects in the United States’ Pennsylvania-New Jersey-Maryland (PJM) system, finds a new report by Norman Waite at the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Growing Risks to PJM Network’s […]

IEEFA Japan: ¥26 billion loss on Australian coal power plant raises questions for Sumitomo and its investors

Sumitomo’s coal policies are lagging its trading house peers and the Japanese government

23 November 2020 (IEEFA Japan): As the government of Japan’s energy policy shifts significantly and Japanese trading houses exit coal projects overseas, Sumitomo Corporation continues to develop coal power projects and has seen its thermal coal output grow according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report, […]

More News and Commentary

Renewable electricity topped fossil generation in EU for first time in 2020

Bloomberg: Renewables are for the first time the dominant power source in Europe’s electric grid. In a year that saw pandemic restrictions sap energy demand across the continent, the drop in supply came mostly from more expensive power from fossil fuels. That helped green sources take the biggest share of the European Union’s generation, a […]

January 25, 2021 Read More →

Norwegian electrolyzer firm seeks price parity for green hydrogen by 2025

S&P Global Market Intelligence ($): Norwegian electrolyzer-maker Nel ASA wants to reduce the cost of green hydrogen, produced with renewable electricity, to $1.50 per kilogram by 2025 in a bid to outcompete fossil fuel alternatives. Cost reductions will be made by bringing the technology to multi-gigawatt scale and growing production capacity, the company said Jan. […]

January 21, 2021 Read More →
IEEFA: ExxonMobil must change direction to thrive
and

IEEFA: ExxonMobil must change direction to thrive

For oil majors, rising prices no longer guarantee financial success

By virtually every measure, the global oil and gas industry had a dreadful 2020. Demand slumped; prices sagged; stockpiles swelled; profits evaporated; and, for the fifth time in seven years, the energy sector ended the year in last place in the stock market.  Amid this rout, ExxonMobil stood out for its poor performance. The company’s stock lost 40 percent […]

IEEFA: Bangladesh’s power system overcapacity problem is getting worse  
and

IEEFA: Bangladesh’s power system overcapacity problem is getting worse  

Overcapacity, along with increased reliance on expensive coal and LNG imports, threaten to increase the cost of power generation

20 January 2021 (IEEFA Bangladesh): Overcapacity in Bangladesh’s power system has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA) today. Data from the Bangladesh Power Development Board’s (BPDB) latest annual report shows that overall power capacity utilisation in fiscal year […]

IEEFA: Is oil giant Total an emerging leader of the energy transition?

Shows how to pivot from an oil company to an energy company

Last summer, French oil and gas giant Total SE announced a $7 billion impairment charge for two Canadian oil sands projects. This might have seemed like an innocuous move, merely an acknowledgement that the projects hadn’t worked out as planned.  Yet it opened a Pandora’s box that could change the way the industry thinks about […]

IEEFA: There will be no smooth sailing for LNG investors in Vietnam 
and

IEEFA: There will be no smooth sailing for LNG investors in Vietnam 

Great enthusiasm will be met by regulatory, financing and market challenges

19 January 2020 (IEEFA Vietnam): Liquified natural gas (LNG) suppliers and gas power developers looking at making Vietnam an essential LNG market should not expect to replicate the success of renewable energy seen recently in the country, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Author Thu Vu, Energy […]

and January 19, 2021 Read More →

IEEFA India: The false promise of ‘second life’ coal

India risks Rs4 trillion new investment in yet more stranded fossil fuel assets

Federal Home Minister Amit Shah’s suggestion that India should invest 4 trillion rupees (US$55billion) in expanding new and existing coal mines, as well as high-risk, speculative, domestic ‘clean coal’ projects over the next decade to create a hoped for ‘second life’ is, in our view, entirely inconsistent with the country’s policy direction and ignores the […]

January 19, 2021 Read More →
IEEFA: Nhiệt điện khí LNG không dễ để bùng nổ ở Việt Nam
and

IEEFA: Nhiệt điện khí LNG không dễ để bùng nổ ở Việt Nam

Rào cản chính sách, nguồn vốn và thị trường sẽ thử thách các nhà đầu tư

Ngày 19 tháng 1 năm 2021 (IEEFA Vietnam): Trong thời gian vừa qua, Việt Nam đã nhanh chóng nổi lên là một trong những thị trường nhập khẩu khí thiên nhiên hóa lỏng (LNG) cho phát điện tiềm năng nhất ở châu Á. Tuy nhiên, không dễ để điện khí LNG tạo ra bước nhảy […]

and January 19, 2021 Read More →

Spain’s Naturgy enters U.S. renewable market, plans $1.8 billion investment over five years

Reuters: Spanish power company Naturgy plans to invest up to $1.8 billion in the United States after making its first push into the U.S. market with a deal to buy a solar energy developer, the company said on Friday. Naturgy plans to make the investments over a five-year period, it said, announcing the acquisition of […]

January 15, 2021 Read More →

Total takes first big step into U.S. utility-scale solar market

Renewables Now: French energy giant Total SE has signed an agreement with 174 Power Global to create a 50/50 joint venture (JV) aimed at developing 12 utility-scale solar and storage projects for 1.6 GW of combined capacity in the US. Total said Thursday that these projects have been transferred from a pipeline developed by 174 […]

January 14, 2021 Read More →