Energy Markets

IEEFA Research

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: Regulatory over-reach in South Australia’s switch-off of household solar

IEEFA: Regulatory over-reach in South Australia’s switch-off of household solar

There are other solutions to minimum demand issues in the grid

28 April 2021 (IEEFA Australia): New measures allowing rooftop solar systems in South Australia to be remotely switched off without householders’ knowledge has set a worrying precedent, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). The rooftop solar cut-off measures give energy authorities powers to switch off […]

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 U.S.: Energy transition to renewables likely to accelerate over next two to three years

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

Coal, gas set to become biggest losers as renewable generation climbs quickly

March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]

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: Folly of wasting Australian taxpayer cash on Beetaloo gas 

IEEFA: Folly of wasting Australian taxpayer cash on Beetaloo gas 

Australia’s economic recovery from COVID-19 heading to a 'dead end'

The Australian Government’s obsession with wasting taxpayers’ money on gas is leading Australia’s economic recovery from COVID-19 to a “dead end”, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report finds that all indicators show Australian consumers and the country’s main export customers will use less gas […]

IEEFA Australia: Port of Newcastle’s roadblock on the path away from thermal coal

IEEFA Australia: Port of Newcastle’s roadblock on the path away from thermal coal

Planned fossil fuel exit by the world’s largest coal port is paralysed by lending constraints and a secret NSW government deal

The Port of Newcastle’s planned exit from fossil fuels suffered further setback last month after ANZ withdrew financing from the terminal, presently the world’s largest port for exporting thermal coal. ANZ had previously been a major lender to the port, however divested its position during the latest round of refinancing of approximately A$900 million in […]

March 18, 2021 Read More →
IEEFA: Renewables should be focus of Vietnam’s Draft PDP8, not coal and gas

IEEFA: Renewables should be focus of Vietnam’s Draft PDP8, not coal and gas

Evidence was clear to inform the next stage of Vietnam’s power development

11 March (IEEFA Vietnam): Vietnam’s recently published draft power development plan for 2021-2030 (PDP8) has failed to acknowledge the importance of developing a more flexible system that can accommodate a changing technology mix, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “After a decade filled with disappointments from […]

IEEFA U.S.: Financial rationale for Mountain Valley Pipeline has evaporated in changing market

IEEFA U.S.: Financial rationale for Mountain Valley Pipeline has evaporated in changing market

Falling demand, legal and regulatory challenges spell financial peril for pipeline project

March 8, 2021 (IEEFA) — A 303-mile pipeline that would move natural gas from the Appalachian Basin to markets in the eastern and southern U.S. is in financial jeopardy because of reduced demand projections and legal challenges, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The Mountain […]

More News and Commentary

J-Power cancels plans for 1.2GW coal-fired power plant in western Japan

Reuters: Japan’s Electric Power Development (J-Power) said on Friday it had scraped a plan to build a 1.2 gigawatt (GW) coal-fired power plant in Yamaguchi, western Japan, after a comprehensive assessment of the changing business environment. “We have decided to cancel our plan after considering demand outlook in western Japan, rising capacity of renewable energy […]

April 16, 2021 Read More →

Singapore’s DBS Bank to exit thermal coal financing market by 2039

The Straits Times: DBS Bank will phase out thermal coal exposure by 2039, making it the first Singapore bank to cease financing in this area. Singapore’s largest bank announced on Friday (April 16) that it will stop taking on new customers who derive more than a quarter of their revenue from thermal coal with immediate […]

April 16, 2021 Read More →

Industry experts see offshore wind power costs falling sharply by 2035

Renew Economy: The cost of wind power could drop by half or more over the next 30 years, allowing wind to play a bigger role in future electricity networks around the world than previously thought, a new paper published in the journal Nature Energy finds. Offshore wind, which is more expensive and therefore much less […]

April 16, 2021 Read More →

Lloyd’s insurer Tokio Marine Kiln to back out of Adani’s planned Carmichael coal mine

Insurance Business Australia: The top 10 largest Lloyd’s of London insurers have ruled out underwriting the controversial Adani Carmichael coal mine, with Tokio Marine Kiln the latest insurer to announce it would drop “any future underwriting” of the project. Early this month, major Lloyd’s of London syndicate and London-based (re)insurer MS Amlin ruled out insurance […]

April 16, 2021 Read More →

Frost & Sullivan projects massive expansion in global battery storage market by 2030

Saur Energy: Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fueling the market. As more nations across regions commit to generate over 50 percent of power from renewable energy by 2030 and modernise […]

April 16, 2021 Read More →

Polish utility PGE to build 600MW of solar capacity at Bełchatów coal plant by 2025

S&P Global Platts ($): Poland’s largest utility PGE Polska Grupa Energetyczna SA is planning to build up to 600 MW of solar photovoltaic capacity by the end of 2024, transforming the site of its 4.93-GW Bełchatów lignite-fired power plant in central Poland, it said April 14. PGE is also planning an additional 100 MW of […]

April 15, 2021 Read More →

Indiana utility Nipsco continues transition from coal with 200MW solar project

ReNews.biz: Capital Dynamics and Northern Indiana Public Service Company (NIPSCo), part of NiSource, have signed an agreement to bring 200MW of solar energy to the US state. The build-transfer agreement is for the Elliot Solar project, in Gibson County, which will begin construction in summer 2022 and begin commercial operations in summer 2023. Capital Dynamics […]

April 15, 2021 Read More →

First electricity flowing from Windpark Fryslân, world’s largest inland sea wind farm

OffshoreWind.biz: The first wind turbine at Windpark Fryslân has begun producing electricity, according to a project update published on social media on 12 April. The first of the total of 89 Siemens Gamesa 4.3 MW wind turbines was installed at the project site at the end of the last month. Located in the IJsselmeer Lake […]

April 15, 2021 Read More →

Facebook reaches 100% renewable energy goal

Engadget: Facebook says it has reached its target to power its global operations entirely on renewable energy, though it fell shy of its end of 2020 deadline. The company is now focusing its efforts on the broader goal of reaching net-zero emissions across its entire “value chain” by 2030, including suppliers and business activities like […]

April 15, 2021 Read More →

Sweden’s Volvo to begin producing first cars with fossil-free steel by yearend

The Driven: Swedish automotive giant Volvo Group plans to produce the world’s first vehicles to be made from fossil fuel-free steel, with the first vehicles expected later this year. The race to decarbonise more than just a vehicle’s operating emissions is on, with automakers around the world investigating and investing in fossil fuel-free materials production. […]

April 15, 2021 Read More →