Energy Markets

IEEFA Research

IEEFA: India needs to be ready to ride the energy storage wave

IEEFA: India needs to be ready to ride the energy storage wave

Battery storage, green hydrogen and flexible coal-fired power plants can help India integrate renewable energy into the grid

26 February 2021 (IEEFA India): Battery storage, green hydrogen and flexible coal-fired power generation can help India address its next big challenge of integrating large-scale variable renewable energy into the electricity grid over the next decade, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “The transition to low-cost, variable renewable […]

and February 26, 2021 Read More →
IEEFA Australia: Coal plant closures imminent as renewable energy surges

IEEFA Australia: Coal plant closures imminent as renewable energy surges

Several coal power plants in the National Electricity Market likely to be financially unviable by 2025

24 February 2020 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility and inability to adapt to a rapid influx of renewable energy, finds a new […]

IEEFA U.S.: Wind surpassed coal as No. 1 fuel source in 2020 for Southwest Power Pool

IEEFA U.S.: Wind surpassed coal as No. 1 fuel source in 2020 for Southwest Power Pool

Wind energy growth due to geography, design factors, and new installations

February 11, 2021 (IEEFA) — Wind surpassed coal as the primary power generation source last year for the Southwest Power Pool (SPP), an independent grid operator that provides electricity for a vast territory stretching from the Texas Panhandle to the Canadian border. An analysis by the Institute for Energy Economics and Financial Analysis (IEEFA) found […]

IEEFA Indonesia: Switching coal plants to PLN’s biomass cofiring plan is no magic bullet

IEEFA Indonesia: Switching coal plants to PLN’s biomass cofiring plan is no magic bullet

Implementation risks for Indonesia PLN's switch from coal to biomass cofiring

PLN’s biomass cofiring plan will require nothing less than the creation of a large-scale biomass industry. 8 February 2021 (IEEFA Indonesia): Important questions must be answered concerning the economic viability, feedstock supply stability and technical challenges associated with extending the life of Indonesia’s coal plants using cofiring, according to a new report from the Institute […]

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’ […]

More News and Commentary

Puerto Rico moves forward with RFP for 1GW of renewables, 500MW of battery storage

Renewables Now: The Puerto Rico Electric Power Authority (PREPA) is seeking to contract 1 GW of renewable energy and 500 MW/2 GWh of energy storage capacity on the island. On Monday, the power company released a request for proposals (RfP) with a submissions deadline of May 3. The successful proponents will get off-take contracts of […]

February 25, 2021 Read More →

Global solar installations could top 200GW in 2021—BNEF

PV Tech: As much as 209GW of solar PV could be installed this year, BloombergNEF (BNEF) has said, with project activity booming in most international markets. Annual deployment is also expected to continue to climb over the coming years, with BNEF’s optimistic forecast expecting 221GW to be installed in 2022 and 240GW in 2023. The […]

February 24, 2021 Read More →

Dominion to trade coal for gas at its South Carolina utility

The Post and Courier: Dominion Energy South Carolina now says it can retire coal-fired power generation by 2030, a significant reversal from plans released by the utility just last year. Dominion’s new 15-year plan said shuttering two coal plants and converting a third to natural gas is the best option by multiple measures. Natural gas […]

February 24, 2021 Read More →

Investment firm CIP pushes ahead with offshore wind driven green ammonia project

Offshore Engineer: Danish energy infrastructure investments firm Copenhagen Infrastructure Partners is looking to build what it says is Europe’s largest production facility of CO2-free green ammonia, with the final product aimed at the shipping and agriculture sector as a means to reduce emissions. The project will be located in the town of Esbjerg on the […]

February 24, 2021 Read More →
IEEFA Australia: Coal plant closures imminent as renewable energy surges
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IEEFA Australia: Coal plant closures imminent as renewable energy surges

Several coal power plants in the National Electricity Market likely to be financially unviable by 2025

24 February 2020 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility and inability to adapt to a rapid influx of renewable energy, finds a new […]

Santander to exit coal financing by 2030

Agence France-Presse: Spanish banking giant Santander said Monday it would stop doing business with companies most exposed to coal mining by 2030 as part of its efforts to fight climate change. Santander will cut all exposure to thermal coal mining and stop providing services to power generation clients that earn more than 10 per cent […]

February 23, 2021 Read More →

Australia’s Spark Infrastructure buys rights for 1.5GW of new green energy projects

Renew Economy: Poles and wires owner Spark Infrastructure has continued its foray into generation, purchasing development rights to a string of new renewable energy projects with a collective capacity of 1.5 gigawatts. The announcement comes after the company opened its first 100 megawatt solar farm last year. Spark says it has earmarked $1.15 billion to […]

February 23, 2021 Read More →

China Three Gorges adds to Spanish holdings, purchases 400MW of wind, solar capacity

Bloomberg: China Three Gorges Corp. agreed to buy Spanish renewable assets from a group of billionaires, as the Chinese energy giant seeks to double down on the southern European country. State-owned Three Gorges will acquire 100% of a portfolio of more than 400 megawatts of operational plants from a consortium led by Corporacion Masaveu, backed […]

February 23, 2021 Read More →

Portugal’s EDP Group targets energy storage, green hydrogen with new business units

Energy Global: The EDP Group has strengthened its commitment to decarbonisation by launching two units that will exploit the potential of green hydrogen and energy storage systems. The H2 Business Unit (H2BU) will be the Group’s new arm for the development of green hydrogen projects, while the dedicated storage unit, built in EDPR North America, […]

February 23, 2021 Read More →

Construction begins on 448MW Calvados wind farm off the French coast

S&P Global Market Intelligence ($): A consortium including EDF Renewables Inc., Enbridge Inc. unit EIH Sàrl and wpd AG has started construction work for the 448-MW Calvados offshore wind project in France. Located more than 10 kilometers from the Bessin coastline, the project will be capable of generating enough power for 630,000 people yearly, according […]

February 23, 2021 Read More →