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    Spot Natural Gas Prices in Asia, Europe and the U.S. IEEFA Update: Gas is exiting the global energy mix providing lessons for emerging marketsAn IEEFA paper published earlier this year has proved to be eerily correct with forecasts of doubling or even tripling of the U.S. Henry Hub price and higher and extremely volatile global gas prices. In January 2021, IEEFA warned that over US$50 billion in gas power projects and LNG import facilities were at risk of cancellation ...
    Australia States only map IEEFA Update: Why Australia is a bigger carbon pariah than we thinkThe Glasgow summit on climate change is looming, and we continue to see Australia pretending to be a small emitter of carbon dioxide on the global stage. It is not by any means. It’s all about Scope III emissions. A subject that Australian governments don’t want to hear about. Both sides of politics are no better than ...
    IEEFA: Orsted’s transition provides key insights for India’s public utilities and renewable energy companies17 September 2021 (IEEFA India): Orsted, the once Danish state-owned utility, transitioned from being one of the most coal-intensive utilities in Europe to a global leader in offshore wind energy. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) charts Orsted’s energy transition journey and provides key insights for India’s massive ...
    Portuguese utility EDP to convert Spanish coal plant to green hydrogen production facilityRenewables Now: Portuguese utility group EDP - Energias de Portugal SA plans to invest over EUR 550 million (USD 649.7m) in a project to convert its Los Barrios coal-fired power plant in Cadiz province, southern Spain, into a green hydrogen production facility. These plans were announced by the Los Barrios city hall on Tuesday, after the town’s ...
    IEEFA: How India can accelerate the move towards self-reliance in solar manufacturingIndia has set an ambitious target of achieving 175 gigawatts (GW) of renewable energy capacity by 2022, which includes 100GW of solar. To date, we have installed 44GW. Closing the gap between the target and installed capacity will mean higher demand for solar panels and modules in the next two to three years. Technological advancement The photovoltaic ...
    Dominion to add record-setting 1,000MW of solar, battery storage in Virginia service territoryE&E News ($): Dominion Energy Inc., Virginia’s largest electric utility, is planning to develop a record level of new solar and energy projects in the state, according to a statement yesterday. In a filing with the Virginia State Corporation Commission, the company proposed a total of 15 solar and energy storage projects: 11 utility-scale solar projects, two ...
    Vietnam IEEFA Update: Finding the right fit for LNG in Vietnam’s energy landscapeThe stars appeared to have aligned spectacularly for a rush to create demand for liquefied natural gas (LNG) in Vietnam’s growing energy market. The government’s determined pivot away from polluting coal, a pressing need to find cleaner baseload-like alternatives, and the perception that gas-fired power systems are the perfect complement to the expanding yet intermittent renewable ...
    AEP to close both units at 2,600MW Rockport coal plant by end of 2028S&P Global Market Intelligence ($): American Electric Power Co. Inc. could shut down both units at its massive Rockport coal plant in Indiana before the end of 2028 after reaching a settlement agreement with numerous parties, including consumer and environmental advocates. AEP utility Indiana Michigan Power Co. and wholesale subsidiary AEP Generating Co. agreed to retire the ...
    Final turbine installed at 950MW Moray East offshore wind farm in ScotlandReNews.biz: EDP Renewables (EDPR) and Engie JV Ocean Winds has announced the installation of the last of its 100 turbines at Scotland’s 950MW Moray East offshore wind project. Ocean Winds has been developing offshore wind in the Moray Firth since EDPR won the rights to develop offshore wind there in the UK’s 3rd round of offshore wind ...
    Largest floating solar project in Thailand begins commercial operationPV Tech: A 58.5MW floating PV plant in Thailand, said to be the largest install of its kind in the country, has been connected to the grid, according to inverter and floating solutions supplier Sungrow. Co-located with a hydropower plant, the solar project spans 121 hectares atop a reservoir in the northeast province of Ubon Ratchathani. Having ...