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IEEFA Research

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

Coal, gas set to become biggest losers as renewable generation climbs quickly

March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]

IEEFA report: India’s stranded asset risk in thermal power sector underestimated

India should cancel many of the worst thermal power plant proposals

December 18, 2019 (IEEFA India) ‒ Several more thermal power stations in India could potentially be classified as stranded assets, finds a new report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). IEEFA’s report – Seriously Stressed and Stranded: The Burden of Non-Performing Assets in India’s Thermal Power Sector – finds India’s […]

IEEFA Argentina: Oil and gas production in Vaca Muerta, Patagonia awaits direction from new leadership

IEEFA Argentina: Oil and gas production in Vaca Muerta, Patagonia awaits direction from new leadership

Foreign investors hit pause button amidst concerns over political and economic environment

December 5, 2019 (IEEFA) ‒ Efforts by the oil and gas industry to develop Vaca Muerta, Argentina’s vast shale reserves in northern Patagonia, have slowed and in many instances, come to a halt, as the industry awaits direction from the country’s incoming president. Alberto Fernández, who will take office on December 10, has yet to […]

IEEFA Australia: Contracting with Adani Australia entails counterparty risks

IEEFA Australia: Contracting with Adani Australia entails counterparty risks

Buyer beware

16 August 2019 (IEEFA Australia): Contractors, employees and debtors seeking work with Adani Mining are taking a financial risk with reports of previous contractors being burnt and the listed Indian parent company – Adani Enterprises Ltd – still lacking the financial capacity to deliver on the project, concludes a new briefing note out today. Written […]

IEEFA Australia: BHP to link executive compensation to reductions in emissions generated from the use of its products

IEEFA Australia: BHP to link executive compensation to reductions in emissions generated from the use of its products

Evaluating and reporting Scope 1-3 emissions is a landmark commitment, showing leadership towards implementation of the Paris Agreement

23 July 2019 (SYDNEY)  — BHP Group announced plans today to link company executive compensation to reductions in the total emissions of its product portfolio, with the landmark decision to include Scope 3 emissions – the carbon emissions generated by customers’ use of BHP products like coal, oil and gas. In addition to gas (LNG), […]

July 23, 2019 Read More →

IEEFA update: ‘We Want Sun’ report outlines path forward on Puerto Rican electricity policy

Placing sustainability and self-sufficiency ahead of dependency on imported fossil fuels

Oct. 1, 2018 (IEEFA) — The Institute for Energy Economics and Financial Analysis published a report today in concert with a coalition of Puerto Rican public policy organizations, labor organizations and energy experts detailing the island’s largely untapped possibilities in solar-powered electricity generation. The report “Queremos Sol” (“We Want Sun”)—outlines a power-system transformation that would place sustainability and […]

October 3, 2018 Read More →
IEEFA Arizona: Fast-Track Opportunities Now in Navajo Community-Driven Solar Electricity Generation

IEEFA Arizona: Fast-Track Opportunities Now in Navajo Community-Driven Solar Electricity Generation

Strategically Situated Tribal Lands at the Heart of the American Sunbelt Hold Crucial Market Advantages; Prudent Development Strategies Will Benefit, Protect, and Profit Local People

Jan. 3, 2017 — Locally owned utility-scale solar electricity generation offers Navajo communities an immediate generational economic-development opportunity, concludes a research brief published by the Institute for Energy Economics and Financial Analysis (IEEFA) and DinéHózhó. The report— “Window of Opportunity: Navajo Solar—A Fast-Track Community-Driven Development Approach” — details how transformative changes in the U.S. electric utility […]

IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

An Acceleration to Renewables, Faster-Than-Expected Shifts Regionally and Nationally, Growing Risk for Investors Who Lag Behind

Three notable takeaways emerge from the rapid transformation of the global energy economy, as we detail in a new paper we published today as the landmark Paris Agreement officially goes into effect. The global transition to renewables is accelerating. Change is happening faster than expected. Those left behind in this transition face growing financial risk. […]

November 5, 2016 Read More →

IEEFA Exxon: Telltale Crossover in Late 2014 Marks Where a Major Oil Stock Began to Go South

A Decoupling From the Larger Stock Market 2 Years Ago Portends a Future in Which the World’s Biggest Oil Company Will Be Smaller and Will Not Pay Out as Much in Shareholder Distributions

The world is moving in fits and starts but with gathering momentum toward a more diversified, low-carbon energy mix. The evidence is all around us. One exhibit, of many, is in the report we published this week—“Red Flags on Exxon: A Note to Institutional Investors”—which includes the chart here: ExxonMobil Financial Performance, 2006 – 2015 […]

October 27, 2016 Read More →
IEEFA Report: Red Flags on ExxonMobil: Core Financials Show a Company in Decline

IEEFA Report: Red Flags on ExxonMobil: Core Financials Show a Company in Decline

Potentially Irreversible Slide; Falling Revenues, Rising Debt, Shrinking Capex, Weak Cash Balances Add to Growing Reputational Risk Tied to Climate-Change Controversy; ; Institutional Investors Owe Their Shareholders a Fiduciary Review

CLEVELAND, Oct. 26, 2016 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis (IEEFA) published a report today that indicates deep financial weaknesses at ExxonMobil (XOM) and suggests the company is in potentially irreversible decline. The report—“Red Flags on ExxonMobil (XOM)”—by IEEFA Director of Finance Tom Sanzillo, cites key metrics that include a 45 […]

More News and Commentary

Norway fund poised to insist stocks set targets for emission reductions

Bloomberg Green ($): The world’s biggest owner of publicly traded stocks, Norway’s sovereign-wealth fund, is about to get the political go-ahead to insist that all companies in its portfolio have clear targets for cutting CO2 emissions. Norway’s Labor Party, which this month won elections that focused on the country’s fossil-fuel dependence, has made clear it […]

September 27, 2021 Read More →

Enel announces plans to triple renewables and phase out coal by 2027

S&P Capital IQ ($): Enel SpA announced Sept. 24 plans to triple its renewable energy generation to 145 GW by 2030 up from around 49 GW by 2020, among several commitments made through the company’s participation in a United Nations “High-level Dialogue” convened by U.N. Secretary-General António Guterres. Enel also intends to reduce its scope […]

September 27, 2021 Read More →

PennEast announces cancellation because of state permit issues

E&E News ($): The PennEast pipeline will no longer go forward, the project’s developer announced today, just three months after landing a key win before the Supreme Court. PennEast Pipeline Co. LLC said it did not have the necessary permits to continue with the 116-mile project, which was designed to carry natural gas from Pennsylvania […]

September 27, 2021 Read More →

ACWA mulling bond issues to finance renewable energy projects

Reuters: ACWA Power, which is partly owned by Saudi Arabia’s PIF sovereign wealth fund, will look at issuing green bonds starting next year to finance some of its renewable energy projects, its chief executive said on Monday. ACWA Power already has five projects certified for green finance, which together will require just under $10 billion […]

September 27, 2021 Read More →

South Australia rooftop solar closer to providing 100% of demand

Renew Economy: Rooftop solar PV has a few important new benchmarks in South Australia, contributing 84.4 per cent of total energy demand on Sunday afternoon, as well as setting a new low for minimum “operational demand”. The 84.4 per cent rooftop solar share was set in a five minute interval at 1.15pm, on a mild […]

September 27, 2021 Read More →

Tokio Marine to stop underwriting, financing new coal mining projects

Nikkei Asia ($): Tokio Marine Holdings will stop underwriting and financing new coal mining projects that generate thermal power in Japan and abroad from October, Nikkei has learned, a move likely to be followed by other domestic insurers. Without insurance against accidents, natural disasters, fires and construction-related mishaps, coal miners will find it hard to […]

September 27, 2021 Read More →

BLM reports more than 40 pending renewable projects on public lands

E&E News ($): The Bureau of Land Management currently has more than 40 renewable energy projects in the permitting pipeline, making significant inroads toward meeting President Biden’s onshore green energy goal, a senior Interior Department official said today. These proposals comprise 23 solar, four wind and five geothermal power projects, as well as five transmission […]

September 24, 2021 Read More →

Natural gas plants accounted for majority of Texas winter storm failures

The Hill: While some politicians sought to blame renewable energy for deadly power disruptions in February, a new report from two key agencies shows that natural gas was also a major factor.  The new preliminary report found that of the 1,045 generators that experienced outages, reductions or failures to start, 604 of them  — or […]

September 24, 2021 Read More →

Orsted, Williams sign deal to develop wind-powered hydrogen projects

S&P Capital IQ ($): Ørsted A/S signed a memorandum of understanding with Williams Cos. Inc. to explore the viability of developing hydrogen or synthetic natural gas projects powered by renewable energy, also known as power-to-x projects. Particularly, the companies will look into developing utility-scale wind projects, electrolysis, and synthetic gas-via-methanation co-development projects in western Wyoming […]

September 24, 2021 Read More →

CLP Holdings promises to exit coal from Asian operations by 2040

Nikkei Asia ($): Power plant operator CLP Holdings pledged on Thursday to phase coal out of its Asian operations by 2040, accelerating its previous commitment by a decade. The Hong Kong-based group also said it aims to achieve net-zero greenhouse gas emissions by 2050, in line with the decarbonization goal established by the city’s government. […]

September 24, 2021 Read More →