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IEEFA Research

IEEFA/JMK Research: Round-the-clock tenders can help meet demand for firm renewable power

IEEFA/JMK Research: Round-the-clock tenders can help meet demand for firm renewable power

Tenders have evolved from “vanilla” solar or wind, to hybrid, to round-the-clock

24 November (IEEFA/JMK Research India): Electricity distribution companies (discoms) demand firm and uninterrupted renewable power. A new report by IEEFA and JMK Research highlights the important role that different mixes of generation sources and storage technologies can play in overcoming the intermittency challenge of variable renewable energy (VRE) and ensuring grid stability. Renewable energy blended […]

IEEFA U.S.: Gas-fired power plant cancellations and delays signal investor anxiety, changing economics

IEEFA U.S.: Gas-fired power plant cancellations and delays signal investor anxiety, changing economics

Financial concerns are likely to affect other PJM gas projects still in the planning phase

Nov. 18, 2021 (IEEFA) – A recent decision to cancel the 1,000-megawatt Beech Hollow combined gas plant in Pennsylvania is the latest warning for investors considering funding new gas-fired power plants in the PJM Interconnection (PJM) region. According to a briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA), the reason is […]

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 U.S.: Shortage of high-quality sites threatens future Bakken oil and gas production

IEEFA U.S.: Shortage of high-quality sites threatens future Bakken oil and gas production

Decline in top-tier wells forces shift to less-productive Bakken oil and gas regions

November 3, 2021 (IEEFA) — A shortage of high-quality drilling sites poses a long-term risk to oil production in the Bakken formation, according to an analysis by the Institute for Energy Economics and Financial Analysis (IEEFA). Since the Bakken boom began 13 years ago, producers have focused on core areas where horizontal wells provide easier […]

IEEFA: Innovative financing can help India achieve its renewable energy goals

IEEFA: Innovative financing can help India achieve its renewable energy goals

Green bonds, multilateral development bank loans and infrastructure investment trusts are among potential financing sources

29 October (IEEFA India): To reach India’s renewable energy goals, companies in the sector will need to fund capacity expansion with massive amounts of capital at competitive rates. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) looks at how this can be done by augmenting traditional financing structures and sources […]

IEEFA: Battery storage and green hydrogen can boost India’s renewable energy efforts

IEEFA: Battery storage and green hydrogen can boost India’s renewable energy efforts

Markets for grid-scale batteries and green hydrogen are taking shape in India

21 October (IEEFA India): Battery storage and green hydrogen – markets that are critical for India’s renewable future and energy security – could scale up rapidly in the country, bolstered by government policy and private company ventures, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “Grid-scale energy […]

IEEFA Update: Santos won’t solve the problem of Barossa LNG with carbon capture and storage

IEEFA Update: Santos won’t solve the problem of Barossa LNG with carbon capture and storage

Leaving the ‘dirty’ gas in the ground might now be the best course of action

20 October 2021 (IEEFA Australia): Even if it employed carbon capture and storage, Barossa gas will continue to release financially risky carbon dioxide emissions onsite, onshore and across the supply chain, making it one of the more expensive and dirtiest gas projects in the world, finds a new report from the Institute for Energy Economics […]

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 U.S.: Skyrocketing plastics prices a major concern for public health, economy

IEEFA U.S.: Skyrocketing plastics prices a major concern for public health, economy

An ‘essential industry’ to the U.S. economy runs in the dark

October 18, 2021 (IEEFA) — Despite its growing importance to the U.S. economy, the nation’s plastics industry remains a heavily concentrated sector taking advantage of an opaque, unregulated price-setting mechanism to bolster profits for major oil and gas companies, as well as plastic producers. The sector, which has increased prices throughout the year, was deemed […]

IEEFA U.S.:  Pension funds investing indirectly in Ohio’s Gavin coal plant are at risk as financial, environmental disadvantages mount

IEEFA U.S.: Pension funds investing indirectly in Ohio’s Gavin coal plant are at risk as financial, environmental disadvantages mount

Declining demand for coal plants, credit agency downgrades and investor scrutiny create challenges for Lightstone investment prospects

October 14, 2021 (IEEFA) — The major pension and retirement funds that own a piece of the General J.M. Gavin (Gavin) coal plant in Ohio face increasing challenges from their investment. Most investors do not know that they own a share of the plant and some are just beginning to realize it, according to an […]

More News and Commentary

Developers scrap Jordan Cove liquefied natural gas export facility

S&P Capital IQ ($): Developers of the proposed Jordan Cove LNG export facility in Oregon told federal energy regulators they will not move forward with the project, confirming the end of an effort that has stalled for years amid regulatory and commercial challenges. Jordan Cove Energy Project LP, a subsidiary of Canada’s Pembina Pipeline Corp., […]

December 2, 2021 Read More →

San Juan solar+storage replacement project gets tax equity financing

PV Magazine: Wells Fargo Renewable Energy & Environmental Finance closed tax equity financing for the Arroyo Solar and Storage project with D. E. Shaw Renewable Investments. Once operational, Arroyo – a 300 MWAC solar and 150 MWAC/600 MWh battery energy storage system facility developed in northwestern New Mexico – will be one of the largest […]

December 2, 2021 Read More →

Dogger Bank, world’s largest wind farm, gets construction financing

Reuters: British utility SSE (SSE.L) and Norwegian energy company Equinor (EQNR.OL) have secured financing to proceed with the construction of the 3 billion pound ($3.98 billion) Dogger Bank C offshore wind farm in Britain, the companies said on Thursday. Dogger Bank C will have a capacity of 1,200 megawatts (MW) and generate about 6,000 gigawatt […]

December 2, 2021 Read More →

Coal-fired Onyx Power Plant in Netherlands to close in two months

Netherlands News Live: The coal-fired Onyx Power Plant in Rotterdam will close. The owner of the coal-fired power station, the American investor Riverstone, will receive 212.5 million euros in subsidy. This was announced by outgoing State Secretary Danil Yesilgöz of Economic Affairs and Climate. The cabinet has been discussing closure with the company for some […]

December 2, 2021 Read More →

Brazil economic minister warns Petrobras poses stranded asset risk

Reuters: Brazilian Economy Minister Paulo Guedes said on Wednesday that state-run oil company Petrobras (PETR4.SA)should be privatized before it becomes irrelevant and oil loses value, suggesting the government could use the sale proceeds to reduce poverty. Citing the ongoing processes to privatize state-run power company Eletrobras (ELET6.SA) and postal-service firm Correios, Guedes said the same […]

December 2, 2021 Read More →

New Zealand to build 150-megawatt solar farm, country’s largest

Otago Daily Times: A solar farm big enough to power 20 percent of residential Christchurch will be built at the city’s airport. Energy Minister Megan Woods, Climate Change Minister James Shaw and Christchurch Mayor Lianne Dalziel made the announcement yesterday. Four hundred hectares of land, called Kōwhai Park, at Christchurch Airport will be used to […]

December 2, 2021 Read More →
IEEFA Update: A national EV policy and other steps towards electrifying Australia

IEEFA Update: A national EV policy and other steps towards electrifying Australia

The sun will power much of our future – policy and regulation for electrifying Australia must embrace distributed energy resources

Amid global coal and gas price volatility, electrifying Australia via rooftop solar is the clear winner in the race to lowest cost energy. Critics who claimed economies of scale were lacking when Australia started subsidising household rooftop solar, maintaining the focus should be on large-scale solar, overlooked the economics of co-location generation and load. Put […]

New renewables installations expected to hit all-time high in 2021

ReNews.biz: This year is expected to set an all-time record for new renewable energy installations, according to an IEA report.  Despite rising costs for key materials used to make solar panels and wind turbines, additions of new renewable power capacity this year are forecast to rise to 290GW in 2021. IEA’s annual Renewables Market Report […]

December 1, 2021 Read More →

State approves new renewables transmission lines for New York City

S&P Global Platts ($): A New York State agency Nov. 30 said it has approved two contracts to deliver solar, wind and hydropower into New York City through new transmission lines, with an expected average Tier 4 renewable energy credit cost of $28.29/MWh for both projects. “This announcement not only accelerates our pace to achieving […]

December 1, 2021 Read More →

China power operator connects 915 megawatts of wind to national grid

Reuters: China’s State Power Investment Corp (SPIC), the country’s top green power operator, connected two newly built offshore wind farms off south China’s Guangdong province to the state grid on Tuesday, the company said on its official Wechat account. The start-up of the 315-megawatt (MW) Jieyang Shenquan project and the 600-MW Zhanjiang Xuwen project effectively […]

December 1, 2021 Read More →