31 March 2021 (IEEFA Australia): Santos’ proposed offshore Barossa gas field near Darwin, Northern Territory has the unfriendly tag of having more carbon dioxide than any gas currently made into LNG, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The gas contains so much CO2 that most of it […]
The Port of Newcastle’s planned exit from fossil fuels suffered further setback last month after ANZ withdrew financing from the terminal, presently the world’s largest port for exporting thermal coal. ANZ had previously been a major lender to the port, however divested its position during the latest round of refinancing of approximately A$900 million in […]
March 16, 2021 (IEEFA) — Even as it seeks to attract funding from sustainability-led lenders, Europe’s largest gas pipeline company continues to devote the vast majority of planned capital spending to unabated fossil gas infrastructure, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA). Snam, the Milan-based gas transmission system […]
February 18, 2021 (IEEFA) — Duke Energy’s plans for its two utilities in the Carolinas rely on outdated cost estimates to avoid expanding battery storage capacity, according to a new study by the Institute for Energy Economics and Financial Analysis (IEEFA). In their latest integrated resource plans (IRPs), Duke Energy Progress and Duke Energy Carolinas […]
February 3, 2021 (IEEFA) — Forecasts used by Duke Energy that predict steadily rising demand for electricity in the Carolinas ignore the company’s sales history in the past 15 years, which have been essentially flat, and should be challenged by state regulators, according to a new study by the Institute for Energy Economics and Financial […]
January 26, 2021 (IEEFA) — A pair of integrated resource plans (IRPs) for Duke Energy’s two North Carolina utilities rely heavily on the construction of gas-fired power plants that would have to be retired long before the end of their life span, according to a new report by the Institute for Energy Economics and Financial […]
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 […]
19 January 2020 (IEEFA Vietnam): Liquified natural gas (LNG) suppliers and gas power developers looking at making Vietnam an essential LNG market should not expect to replicate the success of renewable energy seen recently in the country, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Author Thu Vu, Energy […]
21 December 2020 (IEEFA Asia): Major insurer AIA still holds anywhere between US $4 – 6 billion in coal and coal-fired power assets that if stranded will massively reduce wealth for investors and despite pledging its commitment to three significant global climate accords according to a new report by the Institute for Energy Economics and […]
April 5, 2021 (IEEFA) ⎼ A pair of long-range plans for Carolina utilities owned by Duke Energy are all but ignoring potential savings from renewable energy sources over the next decade, according to a report by the Institute for Energy Economics and Financial Analysis. The IEEFA report is the fourth in a series examining the […]
31 March 2021 (IEEFA Australia): Santos’ proposed offshore Barossa gas field near Darwin, Northern Territory has the unfriendly tag of having more carbon dioxide than any gas currently made into LNG, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The gas contains so much CO2 that most of it […]
Are we ready for a power grid without coal? Australia’s electricity grid still relies on coal-fired generation. But with coal plants retiring and more renewables coming into the mix, that needs to change. Liddell power station is closing in 2023, and Yallourn in 2028. The way things are going we should expect others to close […]
The energy crisis in Texas has become world news. During extreme winter weather in February, surging electricity demand collided with falling generation, forcing the state’s grid operator to implement rolling blackouts. At its peak, at least 4.5 million Texans were without electricity and more than 80 deaths have been attributed to power losses. The crisis […]
In mid-February, a catastrophic power outage in Texas left more than four million households stranded for days without electricity amidst freezing weather. More than 46,000 megawatts (MW) of power capacity went offline under the extreme cold weather event, putting pressure on the power grid system and resulting in broad-based failure. Gas supplies – which provide […]
The Port of Newcastle’s planned exit from fossil fuels suffered further setback last month after ANZ withdrew financing from the terminal, presently the world’s largest port for exporting thermal coal. ANZ had previously been a major lender to the port, however divested its position during the latest round of refinancing of approximately A$900 million in […]
March 16, 2021 (IEEFA) — Even as it seeks to attract funding from sustainability-led lenders, Europe’s largest gas pipeline company continues to devote the vast majority of planned capital spending to unabated fossil gas infrastructure, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA). Snam, the Milan-based gas transmission system […]
The Texas energy crisis has become world news. During last week’s extreme winter weather, surging electricity demand collided with falling generation, forcing the state’s grid operator to implement rolling blackouts. In many cases, blackouts lasted for over 24 hours, causing fuel and electricity supply shortages and disruptions throughout the gas supply chain. At least 4.5 […]
IEEFA U.S.: Duke Energy IRPs for Carolina utilities overlook opportunities for savings from renewables
Integrated resource plans for Duke give short shrift to offshore wind, solar and battery storageApril 5, 2021 (IEEFA) ⎼ A pair of long-range plans for Carolina utilities owned by Duke Energy are all but ignoring potential savings from renewable energy sources over the next decade, according to a report by the Institute for Energy Economics and Financial Analysis. The IEEFA report is the fourth in a series examining the […]