Renewables

IEEFA Research

IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past $30 billion

IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past $30 billion

Delays, mismanagement, overruns may leave Georgia Power ratepayers with enormous cost burden

January 20, 2022 (IEEFA)—Once estimated at more than $14 billion, the price tag for two new reactors at Georgia Power Company’s Plant Vogtle site has now climbed past $30 billion, and both units will be more than six years late in coming online, according to a report by the Institute for Energy Economics and Financial […]

IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?

IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?

ČEZ finds itself playing catch-up after a decade of complacency

20 Jan. 2022 (IEEFA Europe) – After a decade of missed opportunities, ČEZ Group (ČEZ) finds itself playing catch-up on renewable energy, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).  ČEZ, the largest energy group in Czechia and one of the largest energy groups in Central and Eastern Europe, […]

IEEFA India: Volatile LNG prices present opportunity to switch to cleaner fuel sources

IEEFA India: Volatile LNG prices present opportunity to switch to cleaner fuel sources

Lower demand for LNG leads to under-utilisation of infrastructure and raises stranded asset risks

19 January, 2022 (IEEFA India): High and volatile liquefied natural gas (LNG) prices are an opportunity for India’s gas-dependent industries and the city gas distribution network to switch to cleaner, non-fossil fuel alternatives like biogas and biomethane, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). This will also avoid […]

and January 19, 2022 Read More →
IEEFA Europe: Coal dependence squeezes Polish taxpayers for €141 billion

IEEFA Europe: Coal dependence squeezes Polish taxpayers for €141 billion

Coal exit by 2030 gives Poland an opportunity to double clean energy generation

10 Jan. 2022 (IEEFA Europe) – Poland’s dependence on coal is costing Polish taxpayers dearly, but the Polish government remains reluctant to shift to clean energy sources, according to a report by the Institute for Energy Economics and Financial Analysis. “If a coal phaseout is achieved by 2030, the resulting savings would enable Poland to […]

IEEFA Europa: Dalsze uzależnienie od węgla będzie kosztować polskich podatników 141 mld euro

IEEFA Europa: Dalsze uzależnienie od węgla będzie kosztować polskich podatników 141 mld euro

Odejście od węgla do 2030 r. daje Polsce szansę na podwojenie produkcji czystej energii

10 stycznia 2022 (IEEFA Europa) – Przywiązanie Polski do węgla słono kosztuje polskich podatników, jednak w rządzie wciąż nie widać woli, aby przestawić kraj na czyste źródła energii, czytamy w raporcie opublikowanym przez Instytut Ekonomii Energii i Analiz Finansowych (IEEFA). – Jeżeli Polska pożegna się z węglem do 2030 r., oszczędności z tego tytułu umożliwią […]

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

Mature, cost-competitive recycling technology offers an immediate opportunity for emissions reductions

17 December (IEEFA Australia): Investors are increasingly pressuring global steel companies to set out credible decarbonisation plans and these demands will only intensify. A significant trend that will lower emissions will be the expansion of scrap steel recycling, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Steel recycling is […]

IEEFA: Australian government emissions projections show 44% of coal capacity will close by 2030

IEEFA: Australian government emissions projections show 44% of coal capacity will close by 2030

Government must acknowledge additional coal closures and prepare to support affected communities and workers

9 December (IEEFA Australia): The Australian Government’s Emissions Projections show that 5 gigawatts (GW) of coal-fired generation capacity will close earlier than indicated by the current official schedule published by the Australian Energy Market Operator (AEMO), according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). The projections from […]

IEEFA: Agrivoltaics – how India can combine solar power and farmland

IEEFA: Agrivoltaics – how India can combine solar power and farmland

With measures to protect farmers and food production, agrivoltaics could accelerate the renewable energy roll-out

8 December (IEEFA India): Agrivoltaics, the practice of generating solar power on farmland in ways that complement agricultural production, could become an important new renewable energy sector in India, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). But for the sector to thrive, measures to safeguard farming communities and agricultural […]

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: 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 […]

More News and Commentary

Tri-State reaches settlement, plans bigger shift to renewables

Denver Post: Tri-State Generation and Transmission Association, a wholesale power provider serving rural utilities in Colorado and three other states, has reached a settlement with several parties on a plan aimed at cutting costs for ratepayers and setting ambitious goals for reducing carbon emissions. The Colorado Public Utilities Commission will consider Tri-State’s electric resource plan. […]

January 21, 2022 Read More →

Study: Big box stores could meet half their electricity needs with solar

Washington Post ($): Expansive, flat and abundant, the rooftops of big-box stores in the United States could produce enough solar energy to meet half their electricity needs, according to a report released Thursday. Walmart leads the way in rooftop solar potential, followed by Target and Home Depot. “There’s massive potential across the entire country for […]

January 21, 2022 Read More →

Wind production in Nordic nations hits record of 21.3 gigawatts in a day

Reuters: Wind power production in the Nordic countries hit a record high of 21.3 gigawatts (GW) on Thursday amid stormy weather in the region, Refinitiv Eikon data showed. Wind turbines’ output across Denmark, Norway, Sweden and Finland reached the new high point for the hour from 0500 GMT, according to the data. The previous record, […]

January 21, 2022 Read More →

Distributed solar amounted to half of all installations in China last year

PV Tech: Distributed PV installations in China topped 29GW last year, contributing more than half of total solar installations in the country for the first time. In a note published yesterday, the country’s National Energy Administration (NEA) said around 53GW of grid-connected solar capacity was installed last year, an increase on the 48.2GW installed in […]

January 21, 2022 Read More →

First hydrogen tanker to ship test cargo from Australia to Japan

Reuters: A Japanese-Australian venture producing hydrogen from brown coal is set to ship its maiden cargo on the world’s first liquid hydrogen carrier from near Melbourne to Kobe on Friday, in a test delayed by nearly a year because of the COVID-19 pandemic. The Suiso Frontier, built by Japan’s Kawasaki Heavy Industries (KHI) (7012.T), arrived […]

January 21, 2022 Read More →
IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past $30 billion
and

IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past $30 billion

Delays, mismanagement, overruns may leave Georgia Power ratepayers with enormous cost burden

January 20, 2022 (IEEFA)—Once estimated at more than $14 billion, the price tag for two new reactors at Georgia Power Company’s Plant Vogtle site has now climbed past $30 billion, and both units will be more than six years late in coming online, according to a report by the Institute for Energy Economics and Financial […]

IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?
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IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?

ČEZ finds itself playing catch-up after a decade of complacency

20 Jan. 2022 (IEEFA Europe) – After a decade of missed opportunities, ČEZ Group (ČEZ) finds itself playing catch-up on renewable energy, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).  ČEZ, the largest energy group in Czechia and one of the largest energy groups in Central and Eastern Europe, […]

IEEFA Europe: Skupina ČEZ předkládá plán dekarbonizace, je ale připravena k jeho realizaci?
and

IEEFA Europe: Skupina ČEZ předkládá plán dekarbonizace, je ale připravena k jeho realizaci?

ČEZ po deseti letech nečinnosti dohání ztrátu

20. ledna 2022 (IEEFA Europe) – Skupina ČEZ musí podle zprávy Institutu pro energetickou ekonomiku a finanční analýzu (IEEFA) po deseti letech promarněných příležitostí dohánět výstavbu obnovitelných zdrojů energie. ČEZ, největší energetická skupina v ČR a jedna z největších ve střední a východní Evropě, oznámila v roce 2021 novou strategii k dekarbonizaci výroby elektřiny. Součástí plánu je výstavba obnovitelných zdrojů o výkonu 6 GW do […]

Final approval given for South Fork Wind project off U.S. coast

Associated Press: Construction will soon begin on the second commercial-scale, offshore wind energy project to gain approval in the United States, the developers said. The U.S. Department of the Interior approved it in November, and the Bureau of Ocean Energy Management issued its approval letter for the constructions and operations plan Tuesday, a major step […]

January 20, 2022 Read More →

Berkshire Hathaway unit plans 2.1-gigawatt wind, solar project in Iowa

Renewables Now: US electricity and natural gas utility MidAmerican Energy Co, part of Warren Buffett’s Berkshire Hathaway Inc (NYSE:BRK.A), on Wednesday unveiled plans to deploy 2.1 GW of wind and solar power capacity in Iowa under a USD-3.9-billion (EUR 3.4bn) project. The company said on Wednesday it has submitted an application with the Iowa Utilities […]

January 20, 2022 Read More →