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IEEFA Research

IEEFA: Defying global financial trends, Vietnam pivots back to coal power

IEEFA: Defying global financial trends, Vietnam pivots back to coal power

Latest draft power development plan puts clean energy transition at risk by sacrificing renewables for more coal

29 September (IEEFA Vietnam): In the lead up to the United Nations Climate Change Conference COP26, President Xi Jinping recently declared that China will no longer build new coal-fired power projects abroad. Despite limited details, the ramifications of China’s coal exit strategy for coal-centric developing economies like Vietnam could be immense. Before President Xi’s announcement, […]

and September 29, 2021 Read More →
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 […]

More News and Commentary

Consortium reaches agreement for 500-megawatt wind farm in Egypt

S&P Capital IQ ($): A consortium of companies agreed to develop, construct and operate a 500-MW wind farm in Ras Ghareb, Egypt. The consortium, composed of France’s Engie SA, Japan’s Toyota Tsusho Corp./Eurus Energy Holdings Corp. and Dubai’s Orascom Construction PLC, has reached an agreement with the Egyptian Electricity Transmission Co. for the wind project, […]

October 18, 2021 Read More →

Europe’s Greencoat Capital to invest $5 billion in coming five years in U.S. renewables market

PV Tech: European renewables investment management firm Greencoat Capital has confirmed its entry to the US renewables market and is plotting to invest up to US$5 billion over the next five years. Greencoat is amongst Europe’s most prolific renewables investors and manages more than 200 solar, wind and bioenergy generation assets with a combined capacity […]

October 15, 2021 Read More →

Oregon utility PGE looking to add 2GW of renewable energy

ReNews.biz: U.S. utility Portland General Electric (PGE) has unveiled plans to source up to 2GW of renewable energy to help meet a target of reducing greenhouse gas (GHG) emissions from power served to customers by at least 80% by 2030, 90% by 2035 and zero by 2040. The company has initiated a request for proposals […]

October 15, 2021 Read More →

Biden Administration expands leasing plans for offshore wind farms

The New York Times: The Biden administration announced on Wednesday a plan to develop large-scale wind farms along nearly the entire coastline of the United States, the first long-term strategy from the government to produce electricity from offshore turbines. Speaking at a wind power industry conference in Boston, Interior Secretary Deb Haaland said that her […]

October 14, 2021 Read More →

Mining giant BHP signs deal for renewable energy to run Olympic Dam mine in South Australia

Renew Economy: Global mining giant BHP says it has signed a landmark deal with Iberdrola Australia to slash its emissions at the giant Olympic Dam mine by taking power from the new Port August Renewable Energy Park in South Australia. Olympic Dam is one of the biggest copper, gold and uranium deposits in the world, […]

October 14, 2021 Read More →

IEEFA: Spiking coal prices: Don’t blame the energy transition

Volatility highlights urgency for renewables-based energy solutions

“Energy crisis.” The phrase evokes nearly-forgotten images of gasoline queues in the 1970s, but increasingly describes the spike in global fossil fuel prices. A handful of commenters eagerly lay the blame on renewable energy, which they claim has distracted the world’s attention from investments in oil, gas, and coal production that could have calmed markets. […]

IEA: Renewable energy investment must triple by end of decade

Reuters: Investment in renewable energy needs to triple by the end of the decade if the world hopes to effectively fight climate change and keep volatile energy markets under control, the International Energy Agency (IEA) said on Wednesday. “The world is not investing enough to meet its future energy needs … transition‐related spending is gradually […]

October 13, 2021 Read More →

European Union plans push for end to Arctic fossil fuel production

Nikkei Asia ($): The European Union is to push for an end to the exploitation of Arctic gas, oil and coal even as energy shortages rock countries and companies across the world, according to a draft new bloc strategy for the polar region. Brussels plans talks with partners over a possible multilateral ban on the […]

October 13, 2021 Read More →

Vattenfall plans to re-use, recycle or recover used wind turbine blades

ReNews.biz: Vattenfall has committed to a landfill ban for end of life wind turbine blades. Instead it will re-use, recycle or recover 100% of decommissioned wind turbine blades from owned wind farms.  The Swedish developer is aiming for a 50% recycling rate of wind turbine blades by 2025 , rising to 100% by 2030    It said […]

October 13, 2021 Read More →

China launches first 100-gigawatt desert renewables phase

PV-Tech: China has started building work on the first 100GW phase of a solar and wind buildout that is likely to see hundreds of gigawatts deployed in the country’s desert regions. Speaking via video link at a United Nations Biodiversity Conference today (12 October), Chinese President Xi Jinping said construction on the initial phase, which […]

October 13, 2021 Read More →