Energy Policy

IEEFA Research

IEEFA: High stakes for Asian Development Bank’s ambitious coal power retirement plan

IEEFA: High stakes for Asian Development Bank’s ambitious coal power retirement plan

Implementation challenges could block funding for other equally important high impact clean energy funding strategies

24 September 2021 (IEEFA Asia): In the lead up to the United Nations Climate Change Conference COP26, the Asian Development Bank (ADB) announced a plan to speed up the retirement of high emissions coal-fired power plants in Southeast Asia. This announcement sets the stage for a transformation of the Asian multilateral development bank’s (MDB) role […]

IEEFA: U.S. push for LNG in the Philippines paints unrealistic picture of global prices and market viability

IEEFA: U.S. push for LNG in the Philippines paints unrealistic picture of global prices and market viability

Overly optimistic claims about financial, economic and environmental benefits of LNG

Sept. 23, 2021 (IEEFA) – A recent white paper sponsored by the U.S. Agency for International Development (USAID) promotes the benefits of liquefied natural gas in the Philippines. The report, however, is based on questionable assumptions about global LNG prices, long-term demand and market viability of U.S. exports to price-sensitive countries in Asia, according to […]

and September 23, 2021 Read More →
IEEFA: Accepting gas power plants as sustainable investments in Asian taxonomies heightens greenwash risk

IEEFA: Accepting gas power plants as sustainable investments in Asian taxonomies heightens greenwash risk

Accommodating the gas sector risks diluting standards and discouraging new pools of green capital

21 September 2021 (IEEFA Asia): Incorporating gas-powered generation as a sustainable investment into Asian taxonomies could have unintended consequences, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Doing so could lock Asia into a high-emitting future while also posing a credibility and greenwashing problem that Asian policymakers and ESG […]

and September 21, 2021 Read More →
IEEFA Australia: There’s a better way to manage coal closures than paying to delay them

IEEFA Australia: There’s a better way to manage coal closures than paying to delay them

Energy Ministers and the energy industry should reject the ESB capacity mechanism proposal

21 September 2021 (IEEFA Australia): The Energy Security Board’s (ESB) proposal for consumers to pay conventional generators such as coal and gas an extra fee for their capacity, not just the actual power they produce, should be rejected by Energy Ministers at a forthcoming meeting this Friday argues a new report prepared by energy market […]

IEEFA Australia: ESB fails to deliver substantive progress on integration of distributed energy resources

IEEFA Australia: ESB fails to deliver substantive progress on integration of distributed energy resources

It's time to think big about small-scale DER

The Energy Security Board’s (ESB’s) final post-2025 market design advice to Energy Ministers has been very controversial. First there was the unnecessary proposal for a capacity payment paid by electricity consumers to power stations not just for the electricity they generate, but also for the size of capacity installed in the plant, irrespective of how […]

IEEFA: Orsted’s transition provides key insights for India’s public utilities and renewable energy companies

IEEFA: Orsted’s transition provides key insights for India’s public utilities and renewable energy companies

Orsted transitioned from a coal intensive utility to a global renewable energy leader creating immense shareholder wealth

17 September 2021 (IEEFA India): Orsted, the once Danish state-owned utility, transitioned from being one of the most coal-intensive utilities in Europe to a global leader in offshore wind energy. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) charts Orsted’s energy transition journey and provides key insights for India’s massive […]

IEEFA U.S.: Municipal ratepayers face mounting costs from expensive American Municipal Power projects

Gap between costs from Prairie State, Combined Hydro Project and market prices continues to grow

September 9, 2021 (IEEFA)—Newly available data shows American Municipal Power’s (AMP) Prairie State and Combined Hydro Project have caused costs to continue climbing for municipal ratepayers, according to an analysis by the Institute for Energy Economics and Financial Analysis (IEEFA).  Data covering January 2020 through July 2021 showed that Cleveland Public Power (CPP) and its […]

IEEFA Australia: Government cannot lower electricity bills by subsidising old and high cost power plants

IEEFA Australia: Government cannot lower electricity bills by subsidising old and high cost power plants

Refocusing attention on transmission and distribution of electricity will bring better results

27 August 2021 (IEEFA Australia): The Federal government can better achieve its ambition to lower electricity prices if it focuses on the transmission and distribution side of the energy market rather than the generation side, as its latest plan for keeping old coal plants open will in fact increase consumers’ electricity bills, not lower them, […]

IEEFA: The economics of Indonesia’s diesel power plant to gas conversion plan are problematic

IEEFA: The economics of Indonesia’s diesel power plant to gas conversion plan are problematic

Deploying new small-scale LNG is an uphill battle for PGN

26 August (IEEFA Indonesia): Indonesian gas is currently in a precarious position, where the government needs to find new domestic demand to absorb surplus gas coming into the market amidst expiring export contracts. According to the Institute for Energy Economics and Financial Analysis’ (IEEFA) new report, small-scale liquefied natural gas (ssLNG) has been re-proposed in […]

IEEFA Australia: Hit to power bills from coal bail-out plan

IEEFA Australia: Hit to power bills from coal bail-out plan

Energy Security Board’s unnecessary $2.9 - $6.9 billion payment for power station capacity will come at a high cost to consumers

20 August 2021 (IEEFA Australia): Households may soon face a new charge on their power bills – potentially double that from the carbon price – if Energy Ministers agree to a proposal for a new capacity payment to power companies, according to a new report prepared by the Institute for Energy Economics and Financial Analysis […]

More News and Commentary

Norway fund poised to insist stocks set targets for emission reductions

Bloomberg Green ($): The world’s biggest owner of publicly traded stocks, Norway’s sovereign-wealth fund, is about to get the political go-ahead to insist that all companies in its portfolio have clear targets for cutting CO2 emissions. Norway’s Labor Party, which this month won elections that focused on the country’s fossil-fuel dependence, has made clear it […]

September 27, 2021 Read More →

PennEast announces cancellation because of state permit issues

E&E News ($): The PennEast pipeline will no longer go forward, the project’s developer announced today, just three months after landing a key win before the Supreme Court. PennEast Pipeline Co. LLC said it did not have the necessary permits to continue with the 116-mile project, which was designed to carry natural gas from Pennsylvania […]

September 27, 2021 Read More →

ACWA mulling bond issues to finance renewable energy projects

Reuters: ACWA Power, which is partly owned by Saudi Arabia’s PIF sovereign wealth fund, will look at issuing green bonds starting next year to finance some of its renewable energy projects, its chief executive said on Monday. ACWA Power already has five projects certified for green finance, which together will require just under $10 billion […]

September 27, 2021 Read More →
IEEFA: High stakes for Asian Development Bank’s ambitious coal power retirement plan
, and

IEEFA: High stakes for Asian Development Bank’s ambitious coal power retirement plan

Implementation challenges could block funding for other equally important high impact clean energy funding strategies

24 September 2021 (IEEFA Asia): In the lead up to the United Nations Climate Change Conference COP26, the Asian Development Bank (ADB) announced a plan to speed up the retirement of high emissions coal-fired power plants in Southeast Asia. This announcement sets the stage for a transformation of the Asian multilateral development bank’s (MDB) role […]

IEEFA: A circular economy can support India’s push for clean energy and self-reliance
and

IEEFA: A circular economy can support India’s push for clean energy and self-reliance

End-of-life solar panels and batteries contain valuable raw materials for the clean energy transition

23 September 2021 (IEEFA India): The adoption of a ‘circular’ approach to managing end-of-life solar photovoltaic (PV) modules, wind blades and batteries would reduce future wastage of the high-value, critical raw materials needed for India’s massive clean energy transition, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The […]

BLM reports more than 40 pending renewable projects on public lands

E&E News ($): The Bureau of Land Management currently has more than 40 renewable energy projects in the permitting pipeline, making significant inroads toward meeting President Biden’s onshore green energy goal, a senior Interior Department official said today. These proposals comprise 23 solar, four wind and five geothermal power projects, as well as five transmission […]

September 24, 2021 Read More →

Natural gas plants accounted for majority of Texas winter storm failures

The Hill: While some politicians sought to blame renewable energy for deadly power disruptions in February, a new report from two key agencies shows that natural gas was also a major factor.  The new preliminary report found that of the 1,045 generators that experienced outages, reductions or failures to start, 604 of them  — or […]

September 24, 2021 Read More →

CLP Holdings promises to exit coal from Asian operations by 2040

Nikkei Asia ($): Power plant operator CLP Holdings pledged on Thursday to phase coal out of its Asian operations by 2040, accelerating its previous commitment by a decade. The Hong Kong-based group also said it aims to achieve net-zero greenhouse gas emissions by 2050, in line with the decarbonization goal established by the city’s government. […]

September 24, 2021 Read More →

Seven countries sign on to UN plan to “consign coal to history”

Bloomberg ($): Seven countries have signed a pledge initiated by the United Nations to stop building new coal power plants, with the aim to gather more signatures before the global climate summit COP26 in Glasgow next month. The No New Coal agreement is the latest attempt to try and piece together a global phase-out of […]

September 24, 2021 Read More →

Share of renewables on Australia main grid hits new record of 61.7%

Renew Economy: Just before state and federal energy ministers met on Friday to discuss the future design of Australia’s electricity market, records continued to tumble with renewables setting new benchmarks for total output and the biggest percentage to date. At 1.15pm on Friday, according to OpenNEM, the share of renewables on Australia’s main grid, the […]

September 24, 2021 Read More →