Renewables

IEEFA Research

IEEFA: Bangladesh’s power system overcapacity problem is getting worse  

IEEFA: Bangladesh’s power system overcapacity problem is getting worse  

Overcapacity, along with increased reliance on expensive coal and LNG imports, threaten to increase the cost of power generation

20 January 2021 (IEEFA Bangladesh): Overcapacity in Bangladesh’s power system has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA) today. Data from the Bangladesh Power Development Board’s (BPDB) latest annual report shows that overall power capacity utilisation in fiscal year […]

IEEFA: Nhiệt điện khí LNG không dễ để bùng nổ ở Việt Nam

IEEFA: Nhiệt điện khí LNG không dễ để bùng nổ ở Việt Nam

Rào cản chính sách, nguồn vốn và thị trường sẽ thử thách các nhà đầu tư

Ngày 19 tháng 1 năm 2021 (IEEFA Vietnam): Trong thời gian vừa qua, Việt Nam đã nhanh chóng nổi lên là một trong những thị trường nhập khẩu khí thiên nhiên hóa lỏng (LNG) cho phát điện tiềm năng nhất ở châu Á. Tuy nhiên, không dễ để điện khí LNG tạo ra bước nhảy […]

and January 19, 2021 Read More →
IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

Commission’s 21-year-old pipeline policy puts contracts ahead of utility customers

December 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]

IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for  transition should commence now

IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for transition should commence now

Virginia City Hybrid Energy Center (VCHEC), one of the newest in U.S., risks closure due to market forces

December 16, 2020 (IEEFA)—Retiring the Virginia City Hybrid Energy Center (VCHEC) will bring unnecessarily abrupt economic hardship to Wise County if state and local officials do not begin to plan now for a transition, concludes a report published today by the Institute for Energy Economic and Financial Analysis. The 8-year-old coal-fired power plant, owned by […]

IEEFA: Increasing competition in India’s intra-state transmission sector will drive renewables progress

IEEFA: Increasing competition in India’s intra-state transmission sector will drive renewables progress

Intra-state transmission infrastructure is the weakest link in the grid

16 December 2020 (IEEFA India): A new IEEFA report recommends increasing competition in the development of intra-state transmission infrastructure, to speed up deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development of transmission systems must keep pace to meet demand and ensure efficient, reliable delivery […]

and December 16, 2020 Read More →
IEEFA: By facilitating electricity transmission routes, could Indian Railways fast-track the energy transition?

IEEFA: By facilitating electricity transmission routes, could Indian Railways fast-track the energy transition?

Transporting coal to generators is less efficient and increasingly less competitive than moving actual electricity via cables

3 December 2020 (IEEFA India): Indian Railways should explore the use of sections of its extensive network for electricity transmission infrastructure. This is a key recommendation in a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) that outlines the opportunity for Indian Railways to participate in the nation’s energy transition beyond […]

IEEFA Philippines: NPC-SPUG shift can drive savings to P13.5 billion per year

IEEFA Philippines: NPC-SPUG shift can drive savings to P13.5 billion per year

Shift from diesel to renewables can save electric coops P1.4-1.7 billion over next decade

3 December 2020 (IEEFA Philippines): The record-breaking disasters in the Philippines this year highlight the potential for renewable energy to power small island and isolated power grids and save the country up to P13.5 billion per year, and electric cooperatives an additional P1.4 to P1.7 billion over the next decade, finds a new report from […]

IEEFA: Japanese and Korean investment in risky PJM gas-fired power calls for strategic decisions

IEEFA: Japanese and Korean investment in risky PJM gas-fired power calls for strategic decisions

Investing in gas-fired power plant development faces substantial climate risk

2 December 2020 (IEEFA): Japanese and Korean investors should reassess the growing financial risks to both their new and existing gas-fired power projects in the United States’ Pennsylvania-New Jersey-Maryland (PJM) system, finds a new report by Norman Waite at the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Growing Risks to PJM Network’s […]

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 U.S.: Colorado electric wholesaler is alienating cost-conscious co-ops with its fossil commitments

IEEFA U.S.: Colorado electric wholesaler is alienating cost-conscious co-ops with its fossil commitments

Tri-State currently plans using coal through 2050 and expanding into gas; projected rate increases of 55% by 2050

Nov. 17, 2020 (IEEFA) — One of the biggest power suppliers to rural electric co-ops in the U.S. is putting its business model at risk as members clamor for better access to renewable energy, more affordable rates, and more say in how they buy or produce power, concludes a report released today by the Institute […]

and November 17, 2020 Read More →

More News and Commentary

Renewable electricity topped fossil generation in EU for first time in 2020

Bloomberg: Renewables are for the first time the dominant power source in Europe’s electric grid. In a year that saw pandemic restrictions sap energy demand across the continent, the drop in supply came mostly from more expensive power from fossil fuels. That helped green sources take the biggest share of the European Union’s generation, a […]

January 25, 2021 Read More →

Three Polish utilities join forces to develop country’s offshore wind resources

S&P Global Market Intelligence ($): Three of Poland’s state-controlled utilities signed a letter of intent Jan. 18 to cooperate in the development of new offshore wind projects in the Baltic Sea. Under the terms of the cooperation, PGE Polska Grupa Energetyczna SA, Tauron Polska Energia SA and Enea SA will establish a special purpose vehicle […]

January 25, 2021 Read More →

China moving forward with 300MW tidal flat solar project

PV Tech: The first tranches of a 300MW utility-scale solar project built on a coastal tidal flat in China have been connected to the grid. The project, contracted by the 12th Bureau of Hydropower in China, is believed to be the world’s largest solar installation to be built on a tidal flat, spanning more than […]

January 25, 2021 Read More →

Kipeto Energy connects 100MW wind farm to Kenyan power grid

ESI Africa: Kipeto Energy Plc (KEP), today announced it has connected Kipeto wind farm to the national grid and will start generating power in the next week. KEP has connected a 17km (220KV) high voltage transmission line, linking the facility to the national grid at the Isinya Substation, and signaling the start of the go-live […]

January 25, 2021 Read More →

Vattenfall to turn closed Moorburg coal plant into a green hydrogen hub

Bloomberg: Vattenfall AB plans to turn the site of its recently shuttered Moorburg coal power plant in northern Germany into a hub for turning wind and solar power into hydrogen. The Swedish state-owned utility is riding the growing enthusiasm for hydrogen, with many countries seeing the clean fuel as key to a low-carbon economy. Governments […]

January 22, 2021 Read More →

Wood Mackenzie sees solar as cheapest electricity resource worldwide by 2030

PV Tech: Solar is now cheapest form of new electricity in a host of international markets, driven by cost reductions and growth of bifaciality, large-area solar modules and trackers. That is the conclusion of a new report released by analysts Wood Mackenzie, which also forecasts that the cost of solar PV could fall by a […]

January 22, 2021 Read More →

Tampa Electric to close 445MW Unit 3 at Big Bend coal plant in 2023, 18 years early

Florida Politics: Tampa Electric announced this week its plans to double the number of homes it powers by solar energy from 100,000 today to 200,000 by 2023. “These significant milestones are improving the land, water and air for all Tampa Electric customers,” said Nancy Tower, President and CEO of Tampa Electric. “We are saving our […]

January 22, 2021 Read More →

Terna Energy proposes three floating solar projects in Greece totaling 265MW

Renewables Now: Greek renewable power producer Terna Energy is seeking permission to install 265 MW of floating solar plants in artificial reservoirs in central Greece. The company said on Tuesday it has submitted applications with Greece’s Regulatory Authority for Energy (RAE) to get a producer certificate in relation to the three projects. It estimates it […]

January 22, 2021 Read More →

Chinese utility Huaneng charts course for major renewable energy construction effort

Argus Media: China’s biggest coastal power generator, state-controlled utility Huaneng, has laid out plans to add over 80GW of clean energy-based power capacity in the coming years, potentially curbing its demand for coal. Huaneng plans to develop more than 80GW of additional clean energy power capacity by the end of 2025, taking clean energy to […]

January 21, 2021 Read More →

Iberdrola, Danone move forward with 590MW solar project in Spain, Europe’s largest

Bloomberg: Spain’s largest utility Iberdrola SA and the French food giant Danone SA sealed an accord to build 590 MW-capacity photovoltaic plant, the largest in Europe. The 300 million-euro ($364 million) project will be located in the western province of Caceres, Iberdrola said in statement on its website. The utility will provide power to Danone’s […]

January 21, 2021 Read More →