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IEEFA Research

IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

An Acceleration to Renewables, Faster-Than-Expected Shifts Regionally and Nationally, Growing Risk for Investors Who Lag Behind

Three notable takeaways emerge from the rapid transformation of the global energy economy, as we detail in a new paper we published today as the landmark Paris Agreement officially goes into effect. The global transition to renewables is accelerating. Change is happening faster than expected. Those left behind in this transition face growing financial risk. […]

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More News and Commentary

IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

An Acceleration to Renewables, Faster-Than-Expected Shifts Regionally and Nationally, Growing Risk for Investors Who Lag Behind

Three notable takeaways emerge from the rapid transformation of the global energy economy, as we detail in a new paper we published today as the landmark Paris Agreement officially goes into effect. The global transition to renewables is accelerating. Change is happening faster than expected. Those left behind in this transition face growing financial risk. […]

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Health Groups Call for Closing of Remaining U.K. Coal Plants

John Vidal for the Guardian: Groups representing Britain’s 600,000 doctors and health professionals say it is “imperative” to phase out coal rapidly to improve health and reduce NHS costs. The doctors and nurses say tackling outdoor air pollution from traffic and power stations would cut climate emissions, reduce air pollution, and deliver a powerful boost […]

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IEEFA Europe: Risks Emerge as U.K. Turns Increasingly to Natural Gas-Fired Generation

Questions: Will the Ongoing Embrace of Fossil Fuels Hamper the Development of Wind and Solar? Can Goals for Climate-Change Commitments Still Be Met?

Britain appears to be turning more and more to natural gas as its coal-fired electricity generation plummets. A tell-tale sign is in the country’s course to set a record increase in gas-fired generation this year. The U.K. transmission system operator, the National Grid, indicated this past Friday that the country’s supply security would be stable […]

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On the Blogs: U.K.’s Solar Panels Generated More Electricity Than Coal Over the Past Six Months

Simon Evans for Carbon Brief: The UK’s solar panels generated more electricity than coal across the past six months combined, Carbon Brief analysis shows, rounding off a historic half-year of firsts. Saturday 9 April 2016 was the first-ever day where more electricity was generated in the UK by solar than by coal. May 2016 was […]

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Coal Generates U.K. Record Low 6% of Electricity

From the U.K. Press Association: Coal generated a record low 6% of the UK’s electricity this spring, official figures show. The share of coal in the power mix fell from 20% in the same period last year, following the closures of Ferrybridge C, West Yorkshire, and Longannet coal-fired power station in Scotland. Another coal unit […]

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On the Blogs: A Michigan ‘Pivot’ Toward Renewables

Codi Kozacek for Circle of Blue: Michigan’s largest electric supplier, DTE Energy, announced in June that it will retire eight coal-fired power units at three of its power plants over the next seven years. The plants generated a quarter of the utility’s electricity last year. Two months earlier, Consumers Energy, Michigan’s second largest electric utility, […]

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Brexit Stands to Impair Progress in U.K. Electricity Markets

Rachel Morison for Bloomberg News: Britain’s decision to leave the European Union may push back its planned exit from coal. As the region’s second-biggest economy plans to close its last coal-fired power plant in less than a decade, it will be forced to rely more than ever on imports of natural gas and electricity. By […]

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U.K. Coal Producers Push to Revive Carbon-Capture Schemes

Andrew Ward for the Financial Times: Coal producers are pressing the UK government to rethink its decision to scrap a £1bn scheme to develop carbon capture and storage technology. The World Coal Association, which represents big miners such as Glencore and Anglo American, has written to Greg Clark, the new business secretary, appealing for support […]

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U.K. Likely Pressing Ahead on Offshore Wind Energy, Regardless of Brexit

Kjetil Malkenes Holvand for the Wall Street Journal: Danish utility Dong Energy, part-owned by Goldman Sachs, said Thursday it expected the U.K. to continue supporting offshore wind power in the wake of the country’s vote to leave the European Union, after the firm posted a second-quarter net loss despite strong underlying growth. “The decision for […]

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‘High Ambition’ in U.K. Carbon-Capture Schemes

Kiren Stacey for the Financial Times: Last November, the UK government suddenly cancelled plans to spend £1bn helping to develop carbon capture and storage (CCS), seen for years as vital for reducing emissions. The move shocked many in the industry, not least because of what senior ministers had said about the technology in the past. […]

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