Renewables

IEEFA Research

IEEFA: Powering up solar irrigation effort will support India’s renewable energy targets

IEEFA: Powering up solar irrigation effort will support India’s renewable energy targets

States must overcome obstacles to ramp up installation of solar pumps

11 June 2021 (IEEFA India): India’s mission to deploy some 2 million off-grid solar-powered irrigation pumps is making sluggish progress, with only one-eighth of the target achieved so far, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA) which urges the central and state governments to remove bottlenecks in […]

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: Nuclear power euphoria in Indonesia is all smoke and mirrors with no current technical, financial or market viability

IEEFA: Nuclear power euphoria in Indonesia is all smoke and mirrors with no current technical, financial or market viability

Renewables should be the focus of Indonesia’s net-zero pledge

2 June 2021 (IEEFA Indonesia):  In growing energy markets like Indonesia, decision makers are facing a barrage of pro-nuclear media coverage as the nuclear industry floods the market with panels and webinars focused on the potential of nuclear power. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) highlights that while […]

IEEFA U.S.: Investors hesitate to fund San Juan Generating Station CCS retrofit

IEEFA U.S.: Investors hesitate to fund San Juan Generating Station CCS retrofit

Enchant Energy’s carbon capture project is significantly behind schedule as it struggles to secure investors

May 27, 2021 (IEEFA) – Enchant Energy and the City of Farmington have failed to convince potential investors that retrofitting New Mexico’s San Juan Generating Station for carbon capture is financially viable, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA).  The project, which has yet to secure the funds […]

IEEFA U.S.: FERC neglects energy needs in pipeline decisions

IEEFA urges reevaluation of federal guidelines for new construction

May 25, 2021 (IEEFA)—The Institute for Energy Economics and Financial Analysis is urging the Federal Energy Regulatory Commission (FERC) to reevaluate its pipeline certification guidelines. In their current form, commission guidelines allow it to rely solely on the existence of applicants’ business contracts to certify the necessity of constructing new interstate gas pipelines, disregarding the […]

IEEFA: New power and energy master plan must be designed in Bangladesh’s best interests, not Japan’s

IEEFA: New power and energy master plan must be designed in Bangladesh’s best interests, not Japan’s

JICA must deliver a low or zero emissions plan as promised, not fund Matarbari 2 coal plant

24 May 2021 (IEEFA Bangladesh): Clear understandings from the Bangladesh government’s recently released 8th Five-Year Plan must be incorporated into the new energy and power master plan currently under development by the Japan International Cooperation Agency (JICA) to drive zero carbon transformation and financial sustainability in the energy system, finds a new report from the […]

IEEFA: Vietnam’s PDP8 delay is an opportunity to unlock more cost-effective renewable energy

IEEFA: Vietnam’s PDP8 delay is an opportunity to unlock more cost-effective renewable energy

The key is to refine new strategies and improve market structures

13 May (IEEFA Vietnam):  Vietnam’s Power Development Master Plan for 2021-2030 with a vision to 2045 (PDP8), was expected to be signed off at the end of March during the last days of Prime Minister Nguyen Xuan Phuc’s administration, but it hit an unexpected delay. Rather than being a setback, however, this delay can be […]

IEEFA Pakistan: Coal gasification and liquefaction harmful to economy

IEEFA Pakistan: Coal gasification and liquefaction harmful to economy

There is no second life for coal

6 May 2021 (IEEFA Pakistan): Pakistan’s intention to use coal for power production through gasification and liquefaction technologies is likely to cause harmful economic impacts and a subsequent increased reliance on fossil fuels in Pakistan, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Pakistan’s intention to explore a second […]

IEEFA: LNG-to-power investors in the Philippines risk exposure to $14 billion in stranded assets

IEEFA: LNG-to-power investors in the Philippines risk exposure to $14 billion in stranded assets

High regulatory and financial uncertainty in the Philippines market

5 May 2021 (IEEFA Philippines):  The race to develop liquified natural gas (LNG) facilities in the Philippines has gone from a marathon to a sprint but potential LNG investors must proceed at their own risk, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Officials in the Philippines have […]

IEEFA: Consultants poised to make more than $1 billion from bankrupt Puerto Rico utility

IEEFA: Consultants poised to make more than $1 billion from bankrupt Puerto Rico utility

Huge consulting fees highlight systemic problems with reform of island utility

April 29, 2021 (IEEFA) ⎼ The transformation and financial restructuring of Puerto Rico’s bankrupt electric power authority have generated more than $440 million in consulting contracts during the last seven years and could cost island residents more than $1 billion before completion, according to a study released today by the Institute for Energy Economics and […]

More News and Commentary

IEEFA U.S.: Coal-fired carbon capture projects are waste of tax dollars
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IEEFA U.S.: Coal-fired carbon capture projects are waste of tax dollars

San Juan, New Mexico CCS plan part of push for more ‘carbon dioxide factories’

The federal government’s support for carbon capture projects at coal-fired power plants may be politically necessary (see Sen. Joe Manchin, D-W.Va.), but it is environmentally and fiscally misguided. The potential for Department of Energy funding and the lure of federal tax credits are pushing plant owners and avaricious developers to push for the conversion of […]

Report finds most new wind, solar to provide cheaper power than coal

The Guardian:  Almost two-thirds of wind and solar projects built globally last year will be able to generate cheaper electricity than even the world’s cheapest new coal plants, according to a report from the International Renewable Energy Agency (Irena). The agency found that the falling cost of new windfarms and solar panels meant 62% of […]

June 23, 2021 Read More →

Nordex boosts share in booming Finland wind turbine market

Wind Power Monthly: Nordex has secured a 199.5MW order for four wind farms in the west of Finland, taking its annual total for the market beyond 500MW already. It will supply N163/5.X turbines to four projects in the interior of the mid-west of Finland, as well as in the west of the country, near to […]

June 23, 2021 Read More →

New Colorado law requires utilities to offer electrification incentives

S&P Global Market Intelligence ($): Colorado will require investor-owned electric utilities to incentivize building electrification, marking a new strategy to reduce the building sector’s reliance on natural gas and other fossil fuels for heating and cooking. Colorado Gov. Jared Polis signed the legislation, SB21-246, into law on June 21, setting in motion a process that […]

June 23, 2021 Read More →

Hydro-Quebec finishes solar parks for test of diverse energy sources

PV Magazine: Canada-based power company Hydro-Quebec has announced the completion of two solar parks with a combined capacity of 10 MW. Construction on the two facilities, which are Quebec’s first operational PV plants, had started in the summer of 2019. The plants have capacities of 7.5 MW and 2.5 MW and are planned to help […]

June 23, 2021 Read More →
IEEFA: Repowering India’s top wind sites could add 30 gigawatts of capacity

IEEFA: Repowering India’s top wind sites could add 30 gigawatts of capacity

Older turbines could be replaced to boost wind power generation and reach renewable energy targets

India’s wind power sector is ailing. Wind capacity commissioning has been moving at a snail’s place in the last four years with less than 2 gigawatts (GW) of annual capacity additions. This is significantly off-track from the 11-12GW needed annually to reach the target of 140GW of wind power capacity by 2030, to drive the […]

June 22, 2021 Read More →

South Carolina regulators reject Duke Energy IRP, boosting renewables

E&E News ($): South Carolina energy regulators rejected Duke Energy Corp.’s long-term electricity plan Thursday, an unusual rebuke that could push one of the biggest U.S. utility companies to add more solar and battery storage to the grid. Meanwhile, some North Carolina Democratic lawmakers, clean energy advocates and consumer groups pushed back against a wide-ranging […]

June 22, 2021 Read More →

Maine becomes first U.S. state to divest pension from fossil fuels

Natural Gas Intelligence: Maine will no longer invest in companies with big oil and gas portfolios, making it the first state in the country to divest from the fossil fuel industry. Gov. Janet Mills last week signed into law a bill forbidding any state pension fund or annuity from making new investments in stocks or […]

June 22, 2021 Read More →

Largest India power generator plans to almost double renewables

Bloomberg Quint: NTPC Ltd., India’s largest power generator, has increased its target for renewable energy capacity to 60 gigawatts by 2032, accelerating a shift away from coal.  The New Delhi-based company increased the target from 32 gigawatts set earlier, and the plan had been approved by the company’s board, finance director A.K. Gautam told analysts […]

June 22, 2021 Read More →

PTT subsidiary plans $635 million renewable investment in Asia

Nikkei Asia ($):  The power-generating subsidiary of PTT, Thailand’s state-owned oil and gas group, will invest 20 billion baht ($635 million) in renewable energy in India, China and elsewhere in Asia, stepping up a shift from fossil fuels to cleaner energy sources. Global Power Synergy said it is borrowing up to 20 billion baht from […]

June 22, 2021 Read More →