Energy Policy

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: 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: India could compete against China in solar module production with the right government support

IEEFA: India could compete against China in solar module production with the right government support

The focus should be on helping manufacturers become globally competitive

7 January 2021 (IEEFA India): Although one of the top 10 solar module producers in the world, India is lagging behind its biggest competitor China, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The report, Viability Assessment of New Domestic Solar Module Manufacturing Units, finds current production capacity in […]

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 U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

Commission’s 21-year-old pipeline policy puts contracts ahead of utility customers

December 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]

IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for  transition should commence now

IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for transition should commence now

Virginia City Hybrid Energy Center (VCHEC), one of the newest in U.S., risks closure due to market forces

December 16, 2020 (IEEFA)—Retiring the Virginia City Hybrid Energy Center (VCHEC) will bring unnecessarily abrupt economic hardship to Wise County if state and local officials do not begin to plan now for a transition, concludes a report published today by the Institute for Energy Economic and Financial Analysis. The 8-year-old coal-fired power plant, owned by […]

IEEFA: Australia should be a net-zero emissions leader

IEEFA: Australia should be a net-zero emissions leader

Setting a target of net-zero emissions by 2050 would maximise employment, investment and export opportunities

11 December 2020 (IEEFA Australia): Australia must align itself with the global push to go carbon-neutral to maintain strong trade in a net zero emissions world, the Institute for Energy Economics and Financial Analysis (IEEFA) notes in its submission in support of a new climate change bill before the Australian parliament. The bill, introduced by Zali Steggall, […]

IEEFA: By facilitating electricity transmission routes, could Indian Railways fast-track the energy transition?

IEEFA: By facilitating electricity transmission routes, could Indian Railways fast-track the energy transition?

Transporting coal to generators is less efficient and increasingly less competitive than moving actual electricity via cables

3 December 2020 (IEEFA India): Indian Railways should explore the use of sections of its extensive network for electricity transmission infrastructure. This is a key recommendation in a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) that outlines the opportunity for Indian Railways to participate in the nation’s energy transition beyond […]

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 […]

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 →

Biden revokes permit for Keystone XL pipeline, likely killing project

NPR: As part of his ambitious plan to address climate change, President Biden is revoking a key cross-border presidential permit needed to finish the controversial Keystone XL pipeline This likely means the end of the $8 billion pipeline, a years-long project that would have carried oil sands crude from Alberta, Canada, to the American Gulf […]

January 21, 2021 Read More →

Chinese utility Huaneng charts course for major renewable energy construction effort

Argus Media: China’s biggest coastal power generator, state-controlled utility Huaneng, has laid out plans to add over 80GW of clean energy-based power capacity in the coming years, potentially curbing its demand for coal. Huaneng plans to develop more than 80GW of additional clean energy power capacity by the end of 2025, taking clean energy to […]

January 21, 2021 Read More →
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 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 →

French central bank to exit coal sector, limit gas and oil investments

Reuters: The French central bank said on Monday it would exit from coal and limit exposure to gas and oil in its investment portfolio by 2024 as part of a shift towards more environmentally friendly assets. Many central banks have committed to green up their investment portfolios as part of a push to encourage the […]

January 19, 2021 Read More →

Japanese corporate sector urges government to move faster on green energy transition

Agence-France Presse: Major firms including Sony, Panasonic and Nissan on Monday urged the Japanese government to make its 2030 renewable energy target twice as ambitious. Prime Minister Yoshihide Suga last year set a 2050 deadline for Japan to become carbon-neutral, but the country’s shorter term renewables goal has long been criticised as lagging. Japan currently […]

January 19, 2021 Read More →
IEEFA U.S.: Colorado’s newest coal plant, needing extensive repairs (again), was idle for a year

IEEFA U.S.: Colorado’s newest coal plant, needing extensive repairs (again), was idle for a year

Utility commission launches investigation of Comanche Unit 3 costs; seamless replacement of power adds to case for early closure

Xcel Energy’s troubled Unit 3 at the Comanche Generating Station in Colorado was offline for almost an entire year after being closed for repairs—even as customers started paying the $11.7 million cost of fixing previous problems. The latest in a long saga of failures at Comanche 3 started on Jan. 13, 2020, when it was […]

January 15, 2021 Read More →

Japan’s Itochu Corp. sets 2024 thermal coal exit date

Reuters: Japanese trading house Itochu Corp said on Wednesday it plans to exit the thermal coal business, selling its stakes in mines in Columbia and Australia by March 2024 as it aims to promote decarbonisation. Itochu’s statement was the first confirmation from the company that it would completely withdraw from thermal coal business. It had […]

January 14, 2021 Read More →