Global Coal Markets

IEEFA Research

IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?

IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?

ČEZ finds itself playing catch-up after a decade of complacency

20 Jan. 2022 (IEEFA Europe) – After a decade of missed opportunities, ČEZ Group (ČEZ) finds itself playing catch-up on renewable energy, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).  ČEZ, the largest energy group in Czechia and one of the largest energy groups in Central and Eastern Europe, […]

IEEFA Europe: Coal dependence squeezes Polish taxpayers for €141 billion

IEEFA Europe: Coal dependence squeezes Polish taxpayers for €141 billion

Coal exit by 2030 gives Poland an opportunity to double clean energy generation

10 Jan. 2022 (IEEFA Europe) – Poland’s dependence on coal is costing Polish taxpayers dearly, but the Polish government remains reluctant to shift to clean energy sources, according to a report by the Institute for Energy Economics and Financial Analysis. “If a coal phaseout is achieved by 2030, the resulting savings would enable Poland to […]

IEEFA Europa: Dalsze uzależnienie od węgla będzie kosztować polskich podatników 141 mld euro

IEEFA Europa: Dalsze uzależnienie od węgla będzie kosztować polskich podatników 141 mld euro

Odejście od węgla do 2030 r. daje Polsce szansę na podwojenie produkcji czystej energii

10 stycznia 2022 (IEEFA Europa) – Przywiązanie Polski do węgla słono kosztuje polskich podatników, jednak w rządzie wciąż nie widać woli, aby przestawić kraj na czyste źródła energii, czytamy w raporcie opublikowanym przez Instytut Ekonomii Energii i Analiz Finansowych (IEEFA). – Jeżeli Polska pożegna się z węglem do 2030 r., oszczędności z tego tytułu umożliwią […]

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

Mature, cost-competitive recycling technology offers an immediate opportunity for emissions reductions

17 December (IEEFA Australia): Investors are increasingly pressuring global steel companies to set out credible decarbonisation plans and these demands will only intensify. A significant trend that will lower emissions will be the expansion of scrap steel recycling, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Steel recycling is […]

IEEFA: Coal lock-in in Southeast Asia presents a challenge for the Asian Development Bank’s coal retirement plan

IEEFA: Coal lock-in in Southeast Asia presents a challenge for the Asian Development Bank’s coal retirement plan

ADB’s plan may not stop the large coal pipeline in Vietnam, Indonesia and the Philippines

10 December (IEEFA Asia): In August, the Asian Development Bank (ADB) announced an ambitious plan to buy high emissions coal-fired power plants in Southeast Asia and retire them within 15 years through an energy transition mechanism (ETM). According to the Institute for Energy Economics and Financial Analysis’ (IEEFA) latest report, if the ETM is not […]

and December 10, 2021 Read More →
IEEFA: Indonesia’s excess coal power capacity and PLN’s debt burden are blocking their decarbonization pathway

IEEFA: Indonesia’s excess coal power capacity and PLN’s debt burden are blocking their decarbonization pathway

Financial giants Japan and China can play a critical role in Indonesia’s green energy transition

18 November (IEEFA Indonesia): Japanese and Chinese investors combined have a 41% ownership interest in Indonesia’s coal independent power producer projects. According to the latest report from the Institute for Energy Economics and Financial Analysis (IEEFA), financial giants Japan and China are responsible for Indonesia’s excessive coal power expansion over the past 15 years, but […]

IEEFA: Australia’s climate policies could push New South Wales into a debt spiral

IEEFA: Australia’s climate policies could push New South Wales into a debt spiral

Climate policy failure will shrink Australia’s GDP by 6% and increase net debt in NSW to 100% by 2060, with taxpayers footing the bill

20 October 2021 (IEEFA Australia): Australia’s failure to commit to net zero targets or any credible climate policy is a growing economic threat to New South Wales and other states, argues a new report by the Institute of Energy Economics and Financial Analysis (IEEFA). The Reserve Bank of Australia’s deputy governor Guy Debelle last week […]

and October 20, 2021 Read More →
IEEFA: Defying global financial trends, Vietnam pivots back to coal power

IEEFA: Defying global financial trends, Vietnam pivots back to coal power

Latest draft power development plan puts clean energy transition at risk by sacrificing renewables for more coal

29 September (IEEFA Vietnam): In the lead up to the United Nations Climate Change Conference COP26, President Xi Jinping recently declared that China will no longer build new coal-fired power projects abroad. Despite limited details, the ramifications of China’s coal exit strategy for coal-centric developing economies like Vietnam could be immense. Before President Xi’s announcement, […]

and September 29, 2021 Read More →
IEEFA India: Why prices skyrocketed at the power exchange

IEEFA India: Why prices skyrocketed at the power exchange

Renewables can help stabilise the grid and level costs amid the vagaries of coal stocks

29 September (IEEFA India): With electricity demand in India recently peaking, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) explores the supply and demand conditions that led to recent price spikes in the evening peak hours, starting in August through to September 2021. Electricity demand in India has peaked and […]

and September 29, 2021 Read More →
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 […]

More News and Commentary

First hydrogen tanker to ship test cargo from Australia to Japan

Reuters: A Japanese-Australian venture producing hydrogen from brown coal is set to ship its maiden cargo on the world’s first liquid hydrogen carrier from near Melbourne to Kobe on Friday, in a test delayed by nearly a year because of the COVID-19 pandemic. The Suiso Frontier, built by Japan’s Kawasaki Heavy Industries (KHI) (7012.T), arrived […]

January 21, 2022 Read More →
IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?
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IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?

ČEZ finds itself playing catch-up after a decade of complacency

20 Jan. 2022 (IEEFA Europe) – After a decade of missed opportunities, ČEZ Group (ČEZ) finds itself playing catch-up on renewable energy, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).  ČEZ, the largest energy group in Czechia and one of the largest energy groups in Central and Eastern Europe, […]

IEEFA Europe: Skupina ČEZ předkládá plán dekarbonizace, je ale připravena k jeho realizaci?
and

IEEFA Europe: Skupina ČEZ předkládá plán dekarbonizace, je ale připravena k jeho realizaci?

ČEZ po deseti letech nečinnosti dohání ztrátu

20. ledna 2022 (IEEFA Europe) – Skupina ČEZ musí podle zprávy Institutu pro energetickou ekonomiku a finanční analýzu (IEEFA) po deseti letech promarněných příležitostí dohánět výstavbu obnovitelných zdrojů energie. ČEZ, největší energetická skupina v ČR a jedna z největších ve střední a východní Evropě, oznámila v roce 2021 novou strategii k dekarbonizaci výroby elektřiny. Součástí plánu je výstavba obnovitelných zdrojů o výkonu 6 GW do […]

IEEFA: Skyrocketing EV sales in China spell a no-turning-back step change in global energy landscape

IEEFA: Skyrocketing EV sales in China spell a no-turning-back step change in global energy landscape

The avalanche of technology, policy and finance moves is now unstoppable

The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market. EV sales in China grew 154% year-on-year to 3.3 million in 2021. China now wants new energy vehicles (NEVs), including plug-in hybrids and hydrogen […]

January 19, 2022 Read More →

Victoria government OKs new 240-megawatt “biggest battery” for grid

Renew Economy: Victoria is one step closer to adding a new “biggest battery” to its network, after a 240MW/480MWh project proposed by Maoneng for the Mornington Peninsula was cleared for development by the state government. Australian solar and now storage developer, Maoneng, said on Wednesday that the $190 million Mornington battery energy storage system (BESS) […]

January 19, 2022 Read More →

Scotland auction raises $958 million for 25 gigawatts of offshore wind

Reuters: BP, Shell (RDSa.L) and utility Iberdrola (IBE.MC) were among the winners of seabed rights to develop Scottish offshore wind projects, in an auction which raised nearly 700 million pounds ($958 million) for public spending. Competition for offshore wind sites has intensified as governments and investors have woken up to the urgency of cutting carbon […]

January 18, 2022 Read More →

Shell estimates China to triple electricity generation to meet 2060 goal

Reuters: China may triple electricity generation to supply 60% of the country’s total energy under Beijing’s carbon-neutral goal by 2060, up from the current 23%, Royal Dutch Shell (RDSa.L) said on Monday. Shell is one of the largest global investors in China’s energy sector, with business covering gas production, petrochemicals and a retail fuel network. […]

January 18, 2022 Read More →

Two tycoons expected to invest $145 billion into India renewables

S&P Global Market Intelligence ($): India’s journey to net-zero emissions will get a shot in the arm from nearly $150 billion of planned investments in green energy announced by its two richest tycoons, who both owe their fortunes to carbon. Reliance Industries Ltd., the flagship of Asia’s richest man, Mukesh Ambani, announced plans to invest […]

January 18, 2022 Read More →

Slovenia pledges end to coal-fired power by 2033

Bloomberg ($): Slovenia plans to quit burning coal in power stations by 2033, becoming the latest country to pledge to exit the dirtiest fossil fuel. The government said it will stop using coal for electricity by that year as part of a “fair transition” of its coal regions, according to documents released on Thursday. The […]

January 14, 2022 Read More →
IEEFA Update: How Indonesia’s coal export ban could impact India

IEEFA Update: How Indonesia’s coal export ban could impact India

What does it mean for power generation and energy security?

Not long ago, India faced coal shortages due to a decline in domestic coal production after mines flooded during the monsoons. That had more to do with developers not maintaining enough coal stockpiles than a decline in domestic coal production. Some of this shortfall in domestic supply from August to October 2021 was met through […]

January 13, 2022 Read More →