Jobs

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: Review of U.S. coal leasing program misses the point, may slow energy transition

IEEFA submits comments to Bureau of Land Management on coal leasing program

October 1, 2021 (IEEFA) – The United States government should not spend any time reforming the coal leasing process because new coal leases are no longer needed, according to comments submitted to the United States Bureau of Land Management by the Institute for Energy Economics and Financial Analysis. “As the owner of the coal reserves, […]

IEEFA U.S.: Texas confronts decline in oil and gas industry

IEEFA U.S.: Texas confronts decline in oil and gas industry

Analysis of long-term trends indicates slower growth, fewer jobs and lower tax contributions

July 28, 2021 (IEEFA) ⎼ Texas policymakers, regulators and public opinion have long held that “what’s good for oil is good for Texas.” But Texas’s economy has become more broad-based and the oil and gas sector’s proportionate contribution has declined. State leaders face a new set of facts on the ground about the future of […]

IEEFA: Zero to 60% in 14 years – South Australia’s success in transitioning to renewables

IEEFA: Zero to 60% in 14 years – South Australia’s success in transitioning to renewables

Seven important lessons for energy planners around the globe in transitioning grids from fossil fuels to renewables

3 June 2021 (IEEFA Australia): South Australia offers vital lessons for other jurisdictions transitioning from a fossil fuel-based electricity grid to a low emissions, high renewables grid, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “The proportion of South Australia’s electricity demand met by large scale and small scale variable […]

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 Australia: Snowy Hydro gas plant expansions likely to be fuelled with taxpayer funds

IEEFA Australia: Snowy Hydro gas plant expansions likely to be fuelled with taxpayer funds

Gas is a poor bet, and coupled with the financially challenged Snowy Hydro 2.0, is a sure stranded asset maker

19 November 2020 (IEEFA Australia): Careful scrutiny of Snowy Hydro’s latest financial results show the company is heading towards an uneasy reliance on government and taxpayer subsidies post 2021, throwing into serious doubt the government’s heady push for further gas expansion in a declining market, finds a new briefing note by the Institute for Energy […]

IEEFA update: Australia’s gas-led recovery is flogging a dead horse

With LNG worse for the climate than coal, Australia must adjust to our export markets shrinking

With polluting emissions from LNG 13% higher than gas, and Australia’s primary export destinations targeting net zero emissions and therefore less dirty LNG, Australia’s gas-led recovery is looking increasingly like the Australian government is ‘flogging a dead horse’. Australia’s core export markets for LNG, coal and iron ore – Japan, South Korea and China – […]

November 3, 2020 Read More →
IEEFA Australia: Investing in renewable energy will repower aluminium and heavy industry sectors

IEEFA Australia: Investing in renewable energy will repower aluminium and heavy industry sectors

Study shows Gladstone’s aluminium smelter crucial in decarbonisation and jobs drive

15 September 2020 (IEEFA Australia) – Australia’s failing aluminium sector could move to low-cost, zero-emissions electricity and invest in plant modernisation to support demand response management supplying local heavy industry, according to a new report from the Institute of Energy Economics and Financial Analysis (IEEFA). Putting a lens on the industrial energy demand hub of […]

and September 14, 2020 Read More →
IEEFA update: T&D agreement for Puerto Rico power grid sets off alarm bells

IEEFA update: T&D agreement for Puerto Rico power grid sets off alarm bells

Fails to include accountability mechanisms for meeting cost, labor, and green energy goals, Sanzillo tells U.S. House Committee

August 4, 2020 (IEEFA U.S.) – In testimony submitted to the U.S. House Committee on Natural Resources, IEEFA’s director of finance Tom Sanzillo warned of significant problems with a recent agreement for LUMA Energy to take over transmission and distribution (T&D) of Puerto Rico’s electric power grid. The agreement fails to address three major challenges, […]

Press release: IEEFA statement on Teck Resources decision to withdraw Frontier Mine proposal

February 24, 2020 – Tom Sanzillo, Director of Finance for the Institute for Energy Economics and Financial Analysis (IEEFA), made the following statement today on Teck Resources’ decision to withdraw its proposal to build the Frontier oil sands mine in Alberta: “Teck’s leadership has acknowledged that conditions have changed, and the $20 billion Frontier project […]

and February 24, 2020 Read More →

More News and Commentary

Distributed solar amounted to half of all installations in China last year

PV Tech: Distributed PV installations in China topped 29GW last year, contributing more than half of total solar installations in the country for the first time. In a note published yesterday, the country’s National Energy Administration (NEA) said around 53GW of grid-connected solar capacity was installed last year, an increase on the 48.2GW installed in […]

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

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 […]

Berkshire Hathaway unit plans 2.1-gigawatt wind, solar project in Iowa

Renewables Now: US electricity and natural gas utility MidAmerican Energy Co, part of Warren Buffett’s Berkshire Hathaway Inc (NYSE:BRK.A), on Wednesday unveiled plans to deploy 2.1 GW of wind and solar power capacity in Iowa under a USD-3.9-billion (EUR 3.4bn) project. The company said on Wednesday it has submitted an application with the Iowa Utilities […]

January 20, 2022 Read More →

Repsol-led consortium plans 1 gigawatt of hydrogen in Spain by 2030

ReNews.biz: Repsol is leading a consortium of Spanish companies to install 500MW of renewable hydrogen capacity by 2025 and 1GW by 2030. The Spanish Hydrogen Network (Shyne) project aims to install the renewable hydrogen capacity through projects across 10 autonomous communities. The projects will require a total investment of €3.23bn that will serve to develop […]

January 20, 2022 Read More →

New Mexico lawmakers to focus on hydrogen industry incentives

Albuquerque Journal: When this year’s legislative session begins tomorrow, the New Mexico Roundhouse will become ground zero for a roaring local and national debate about whether hydrogen can, or should, play a role in today’s efforts to combat climate change. Gov. Michelle Lujan Grisham is promoting a newly drafted Hydrogen Hub Act as “signature” legislation […]

January 19, 2022 Read More →

Sale of largest North Dakota coal-fired plant raises new challenges

Inside Climate News: A plan to sell, rather than close, the largest coal-fired power plant in North Dakota is nearly final. The completion of the sale would allow the buyer to move on to the much greater challenge of making the plant financially viable and installing a carbon capture system. Great River Energy of Minnesota […]

January 18, 2022 Read More →

Neoen starts on biggest wind, solar and battery project in Australia

Renew Economy: French renewable energy and storage developer Neoen has begun work on the first 412MW stage of what will likely be the country’s biggest wind, solar and battery storage project. The company announced on Monday that it had commenced “early works” on the Goyder South wind farm, the first stage of a massive project […]

January 18, 2022 Read More →

RWE finishes turbine commissioning at 860MW Triton Knoll wind farm

ReNews.biz: RWE has completed turbine commissioning at the 860MW Triton Knoll offshore wind farm in the UK North Sea. The project is located 33 kilometres off the coast of Lincolnshire and once fully operational it will be one of the world’s largest offshore wind farms, generating sufficient electricity to meet the needs of around 800,000 […]

January 14, 2022 Read More →

U.S. plans largest offshore wind auction off New York, New Jersey coast

Reuters: President Joe Biden’s administration on Wednesday said it would hold the U.S. government’s biggest ever offshore wind auction next month for areas in waters off the coast of New York and New Jersey, part of a range of measures it unveiled to speed growth of clean energy. “We’re at an inflection point for domestic […]

January 13, 2022 Read More →