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Simon Nicholas
Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations
The emerging markets of Bangladesh and Vietnam are alluring for foreign energy companies looking to make money in the region. But these nations stand to lose both economically and environmentally through a pivot from coal to gas. Such a switch risks hindering investment into renewable energy and derailing climate progress across the continent. In Bangladesh, […]
Press Release and Dennis Wamsted
Lessons may apply to other parts of the U.S. planning new gas investments and sidestepping renewables
Discover how Duke Energy’s Carolina integrated resource plans (IRPs) over-rely on gas-fired generation while largely ignoring renewables-based options ⎼ a recurring oversight in utility planning efforts in the U.S. Log in Thursday, April 15th at 1:00 p.m. EDT for an accessible deep-dive with IEEFA energy analyst Dennis Wamsted who will explore current plans and discuss alternatives. Drawing on an in-depth […]
Suzanne Mattei
FERC mulls changes to pipeline approval process, downstream emissions impact
April 7, 2021 (IEEFA) — The Federal Energy Regulatory Commission (FERC) last week gave the public more time to comment on the review of a policy document that guides its decisions on approving new interstate gas facilities, including pipelines. FERC approves projects with Certificates of Public Convenience and Necessity that require the commission to assess […]
Press Release and Dennis Wamsted
Integrated resource plans for Duke give short shrift to offshore wind, solar and battery storage
April 5, 2021 (IEEFA) ⎼ A pair of long-range plans for Carolina utilities owned by Duke Energy are all but ignoring potential savings from renewable energy sources over the next decade, according to a report by the Institute for Energy Economics and Financial Analysis. The IEEFA report is the fourth in a series examining the […]
Press Release and Bruce Robertson
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 […]
Simon Nicholas
Renewables offer an ever cheaper, financially sustainable and energy secure alternative, better able to support developing nations
A concerted effort by the U.S. gas industry to push LNG onto developing Asian nations is jeopardising renewable energy investment across the continent. Vietnam’s new draft long term energy plan indicates lowering coal power ambition but increased focus on LNG is included at the expense of solar power development. Meanwhile GE has been working to […]
IEEFA and Press Release
Puerto Rico electric grid modeling studies demonstrate viability of renewables – March 24 online event
March 22, 2021 (IEEFA) — A plan that would provide reliable, low-cost, rooftop solar power to every home in Puerto Rico will be presented during a webinar sponsored by IEEFA and CAMBIO PR on March 24th. When: Wednesday, March 24th at 11:00 am (EDT/AST) Registration: bit.ly/3vED8KE Comprehensive modeling studies of the island grid found that Puerto […]
Trista Rose
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 […]
Press Release, Cathy Kunkel and Ingrid Vila Biaggi
Investing in renewables would lower costs, reduce price-volatility and provide resiliency to Puerto Rico
March 10, 2021 (IEEFA)—Investing $9.6 billion in distributed solar panels and batteries—funds that are already available from the federal government—could transform Puerto Rico’s electrical system into a resilient grid that provides every home on the island with a clean, reliable source of energy, according to a report released today. The report by Puerto Rico organization […]
Guest Commentary: Peter Milne
Much of the cost will fall on the Australian government via the tax system
Australia’s US$40.5 billion clean up bill for offshore oil and gas wells and facilities will cost US$40.5 billion, with half of the work starting this decade, according to a report produced with the support of major Australian operators. Equipment to be removed includes 57 platforms with a total weight of 755,000 tonnes, equivalent to the […]
IEEFA U.S.: Duke Energy IRPs for Carolina utilities overlook opportunities for savings from renewables
Integrated resource plans for Duke give short shrift to offshore wind, solar and battery storageApril 5, 2021 (IEEFA) ⎼ A pair of long-range plans for Carolina utilities owned by Duke Energy are all but ignoring potential savings from renewable energy sources over the next decade, according to a report by the Institute for Energy Economics and Financial Analysis. The IEEFA report is the fourth in a series examining the […]