Natural Gas As A Bridge Fuel To The Future? Not Anymore
US utility companies are starting to transition directly from coal to renewables, eliminating the natural gas peaker plants that everyone thought would be part of the clean energy transition.
Institute for Energy Economics and Financial Analysis
India x Cleantech — September 2019
Welcome to the inaugural issue of our new India x Cleantech series! On a monthly basis, we will pull news from across clean technology sectors in India into a single, concise summary article. Ongoing, this series will find a home over on CleanTechnica’s “Future Trends” page. Without further ado, here are this month’s highlights from India x Cleantech.
US Coal Retirements In 2019 To Hit At Least 6 Gigawatts
The latest S&P Global Market Intelligence data shows that a total of 49 gigawatts (GW) of new power generation capacity will be added in the United States in 2019, but will also see the retirement of nearly 6 GW of coal.
2018 Was Key To Australian Clean Energy Industry, 2019 Has To Continue That Growth
There have been significant milestones met and exceeded the world over, but also some tremendous failures — an awkward combination which came together in Australia, where political turmoil and antipathy were bypassed by state-level and independent action to bring about a record year of clean energy investment.
BNEF Confirms US Coal On Track For Record Capacity Decline
Energy research giants Bloomberg New Energy Finance has confirmed that US coal plant retirements are nearing an all-time high, with at least 16 gigawatts (GW) worth of coal-fired plants already retired in 2018.
US Coal On Track For Record Capacity Decline, Closing 15.4 Gigawatts
The closure of coal-fired power plants across the United States is currently on track to set a new record this year, with at least 22 plants in 14 states worth 15.4 gigawatts (GW) going dark, according to a new report published by the Institute for Energy Economics and Financial Analysis.
India’s New 227 Gigawatt Renewable Energy Target Is Ambitious, Challenging, But Possible, Says IEEFA
The announcement earlier this month from India’s power and renewable energy minister RK Singh that his country will increase its interim renewable energy target from 175 gigawatts (GW) by 2022 up to 227 GW has been heavily lauded, and though it “does look excessively ambitious,” according to Tim Buckley from the Institute for Energy Economics and Financial Analysis, he nevertheless believes it is possible.
India Within A Decade Of Peak Thermal Coal Demand, Predicts IEEFA
New research published this week by the Institute for Energy Economics and Financial Analysis predicts that India will reach peak thermal coal demand within the next decade.
Why The NEG Could Be A “Terrible Outcome” For Renewables In Australia
Australian energy market experts have delivered a scathing appraisal of the Turnbull government’s National Energy Guarantee, describing it variously as a “pea and thimble trick”, a potentially “terrible outcome” for the renewable energy industry, and as a further extension of the Coalition’s faction-driven energy policy farce.
India Cancels Nearly 14 Gigawatts Of Proposed Coal Plants
The transformation of India’s electricity market continues to deliver, as shown this month by the cancellation of 13.7 gigawatts of proposed coal-fired power plants, an admission that 8.6 gigawatts of operating coal is already non-viable, and the parallel move of ever-decreasing solar costs helped along by the country’s record low solar tariffs.
