Wind

IEEFA Research

IEEFA Australia: There’s a better way to manage coal closures than paying to delay them

IEEFA Australia: There’s a better way to manage coal closures than paying to delay them

Energy Ministers and the energy industry should reject the ESB capacity mechanism proposal

21 September 2021 (IEEFA Australia): The Energy Security Board’s (ESB) proposal for consumers to pay conventional generators such as coal and gas an extra fee for their capacity, not just the actual power they produce, should be rejected by Energy Ministers at a forthcoming meeting this Friday argues a new report prepared by energy market […]

IEEFA: Orsted’s transition provides key insights for India’s public utilities and renewable energy companies

IEEFA: Orsted’s transition provides key insights for India’s public utilities and renewable energy companies

Orsted transitioned from a coal intensive utility to a global renewable energy leader creating immense shareholder wealth

17 September 2021 (IEEFA India): Orsted, the once Danish state-owned utility, transitioned from being one of the most coal-intensive utilities in Europe to a global leader in offshore wind energy. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) charts Orsted’s energy transition journey and provides key insights for India’s massive […]

IEEFA Australia: Reviewing access, pricing and incentive arrangements for distributed energy resources

IEEFA Australia: Reviewing access, pricing and incentive arrangements for distributed energy resources

Planning must begin for a zero-inertia zero-emissions electricity system

The Australian Energy Market Commission (AMEC) has sought assistance to make distributed energy resources an integrated part of the national electricity market (NEM) for the benefit of everyone. When the NEM operating on the east coast of Australia was designed, there was almost no rooftop solar or other small generation, demand response or storage in […]

IEEFA U.S.: Texas confronts decline in oil and gas industry

IEEFA U.S.: Texas confronts decline in oil and gas industry

Analysis of long-term trends indicates slower growth, fewer jobs and lower tax contributions

July 28, 2021 (IEEFA) ⎼ Texas policymakers, regulators and public opinion have long held that “what’s good for oil is good for Texas.” But Texas’s economy has become more broad-based and the oil and gas sector’s proportionate contribution has declined. State leaders face a new set of facts on the ground about the future of […]

IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

Top debt and equity investors committed over $300 billion in 2020 into building renewable energy capacity

19 July 2021 (IEEFA Australia): Despite the economic disruption from COVID-19, top global debt and equity investors are continuing to drive capital into the renewable energy infrastructure sector due to its consistency in providing investment opportunities, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Global investors are accelerating their […]

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 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: 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: Backlog of unsigned power sale agreements risks slowing India’s renewable energy growth

IEEFA: Backlog of unsigned power sale agreements risks slowing India’s renewable energy growth

Freeing up India’s ‘on-hold’ renewable energy capacity

7 April 2021 (IEEFA India): Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening investor confidence and threatening the viability of projects, finds a new briefing note from the Institute for Energy […]

More News and Commentary

IEEFA: As fossil fuel prices skyrocket globally, renewables grow steadily cheaper

IEEFA: As fossil fuel prices skyrocket globally, renewables grow steadily cheaper

Stability of renewables an antidote to the volatility of gas and coal

While volatile energy commodity prices have been sharply increasing globally, renewable technologies have been steadily decreasing.  Over the last decade, the cost of electricity from utility-scale solar PV has fallen by 85 percent, concentrating solar power (CSP) by 68 percent, onshore wind by 56 percent and 48 percent for offshore wind, according to the International […]

BLM reports more than 40 pending renewable projects on public lands

E&E News ($): The Bureau of Land Management currently has more than 40 renewable energy projects in the permitting pipeline, making significant inroads toward meeting President Biden’s onshore green energy goal, a senior Interior Department official said today. These proposals comprise 23 solar, four wind and five geothermal power projects, as well as five transmission […]

September 24, 2021 Read More →

Natural gas plants accounted for majority of Texas winter storm failures

The Hill: While some politicians sought to blame renewable energy for deadly power disruptions in February, a new report from two key agencies shows that natural gas was also a major factor.  The new preliminary report found that of the 1,045 generators that experienced outages, reductions or failures to start, 604 of them  — or […]

September 24, 2021 Read More →

Orsted, Williams sign deal to develop wind-powered hydrogen projects

S&P Capital IQ ($): Ørsted A/S signed a memorandum of understanding with Williams Cos. Inc. to explore the viability of developing hydrogen or synthetic natural gas projects powered by renewable energy, also known as power-to-x projects. Particularly, the companies will look into developing utility-scale wind projects, electrolysis, and synthetic gas-via-methanation co-development projects in western Wyoming […]

September 24, 2021 Read More →

CLP Holdings promises to exit coal from Asian operations by 2040

Nikkei Asia ($): Power plant operator CLP Holdings pledged on Thursday to phase coal out of its Asian operations by 2040, accelerating its previous commitment by a decade. The Hong Kong-based group also said it aims to achieve net-zero greenhouse gas emissions by 2050, in line with the decarbonization goal established by the city’s government. […]

September 24, 2021 Read More →

Seven countries sign on to UN plan to “consign coal to history”

Bloomberg ($): Seven countries have signed a pledge initiated by the United Nations to stop building new coal power plants, with the aim to gather more signatures before the global climate summit COP26 in Glasgow next month. The No New Coal agreement is the latest attempt to try and piece together a global phase-out of […]

September 24, 2021 Read More →

Share of renewables on Australia main grid hits new record of 61.7%

Renew Economy: Just before state and federal energy ministers met on Friday to discuss the future design of Australia’s electricity market, records continued to tumble with renewables setting new benchmarks for total output and the biggest percentage to date. At 1.15pm on Friday, according to OpenNEM, the share of renewables on Australia’s main grid, the […]

September 24, 2021 Read More →

IRENA, wind industry push for 380 gigawatts of offshore wind by 2030

ReNews.biz: The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) have launched an agenda targeting 380GW of offshore wind, installed worldwide by 2030. By 2050 the target is for 2000GW of offshore wind installed worldwide. The compact sets out a clear route to help governments “make the fundamental changes required to […]

September 23, 2021 Read More →

Construction finished on world’s largest floating wind farm project

The Scotland Herald: AN ABERDEEN-based renewables firm has hailed the completion of what is claimed to be the world’s largest floating windfarm. Kincardine Offshore Windfarm Ltd (KOWL) said the milestone also marks the start of the long-term Power Purchase Agreement (PPA) signed in 2018 with Oslo-based Statkraft, which will purchase the electrical output from the […]

September 22, 2021 Read More →

Shell plans $570 million renewables investment in Brazil through 2025

PV Tech: Oil and gas major Shell has launched the Shell Energy brand in Brazil and has committed to investing R$3 billion (US$570 million) in renewables in the country by the end of 2025.   With Shell’s division focused on decarbonisation and renewables, Shell Energy will provide clean electricity from solar and wind power plants as […]

September 22, 2021 Read More →