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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

NRG plans closure of PJM coal plants in Illinois, Delaware

Power Magazine: NRG Energy Inc. said it will retire three coal-fired power plants—two in Illinois and one in Delaware—next year after disappointing results in the May 2021 capacity auction for the PJM Interconnection. NRG during its June 17 investor day presentation said about 1.6 GW of coal-fired generation would be closed, including the 682-MW Waukegan […]

June 18, 2021 Read More →

Puerto Rico grid privatization running into problems early and often

Miami Herald: As a flash storm poured over San Juan on June 1, leaders and members of labor unions huddled under a yellow tent in front of the Puerto Rico Electric Power Authority to denounce LUMA Energy, the new private operator of the island’s power grid. “There won’t be peace, there won’t be peace, if […]

June 18, 2021 Read More →

Rosneft claims low-sulfur Arctic oil to yield “green barrels”

The Barents Observer:  Russian state company Rosneft is about to start the development of one of Russia’s biggest ever oil projects, and company leader Igor Sechin is eagerly seeking justification of his multi-billion dollar investments in the remote tundra of Taymyr. The Vostok Oil is to produce as much as 30 million tons of oil […]

June 18, 2021 Read More →

Bond investors beginning to focus on ESG benefits

Bloomberg ($):  Here’s a bit of good news from ESG land, a place all too often marked by overly-enthused press releases, limited oversight and a patchwork of regional rules and incentives that can sometimes result in worse outcomes for the planet. ESG concerns finally seem to be showing up in the funding costs for oil […]

June 18, 2021 Read More →

Tata Motors, Tata Power launch India’s largest solar carport

Times of India:  Tata Motors and Tata power inaugurated India’s largest grid-synchronized, behind-the-meter solar carport at its facility in Chikhali, Pune. The initiative is taken in line with the Tata Group’s philosophy to promote green manufacturing. The 6.2 MW solar carport deployed by Tata Power will generate 86.4 lakh kWh of electricity per year and […]

June 18, 2021 Read More →

NSW commits $380 million to boost energy zone infrastructure

Renew Economy: The NSW government has committed $380 million over the next four years to boost network infrastructure for   the state’s first renewable energy zones, which it hopes will unlock tens of billions of dollars in new investment in wind, solar and storage projects. The funding will be used to underwrite the development of […]

June 18, 2021 Read More →

Majority of ESG funds outshone S&P 500 in first part of 2021

S&P Global Market Intelligence ($):  More than half of ESG-linked funds outperformed the S&P 500 in the first several months of 2021 even as two new reports lay out opposing views about the factors driving the trend. Using S&P Global Market Intelligence data, we tracked the price change for 27 ESG exchange-traded funds and mutual […]

June 17, 2021 Read More →

Carmichael plans India plastics plant supplied by Australian coal

The Guardian: The owners of the controversial Carmichael mine in Queensland want to build a US$4bn plant in India that would use Australian coal to make plastic. Adani Enterprises, which owns the Carmichael coalmine, said in submissions to Indian authorities the plant will use 3.1m tonnes of coal a year at the plant to make […]

June 17, 2021 Read More →

Iberdrola, GS Energy agree to cooperate on Asia renewables projects

Renewables Now: Spanish electric utility Iberdrola SA (BME:IBE) and South Korean multi-energy group GS Energy have signed a memorandum of understanding (MoU) to cooperate on the renewables development in South Korea and other regions in Asia. The agreement is meant to create a platform through which the partners would seek out and develop projects, including […]

June 17, 2021 Read More →

EU green bond standards will be voluntary, not binding

Bloomberg ($):  The European Union’s green bond standard will be voluntary rather than binding for issuers, according to a draft document seen by Bloomberg. The new bond rules, which will be tied to the bloc’s blueprint for environmentally-friendly investments, will be ready for use in 2022 and aim to “set the global standard,” according to […]

June 17, 2021 Read More →