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The Latest Breaking News from IEEFA

Gujarat and Karnataka lead the progress to clean energy transition: IEEFA report

Karnataka and Gujarat showcased their leadership in the progress toward the clean energy transition. Read further on Dynamite News:

Dynamite News

World’s largest oil companies have made $281bn profit since invasion of Ukraine

Global Witness says the five ‘super-majors’ are the ‘main winners of the war’ while many struggle to heat their homes

The Guardian - UK

The Centre’s big push for residential rooftop solar plans | Explained

Check out The Hindu explainer on the Centre’s big push for residential rooftop solar plan.

The Hindu

From analysis to the latest developments in health,
read the most diverse news in one place.

'Even more confident' Eraring will close in 2025: new energy report

Climate Energy Finance report argues that Eraring Power Station should close in 2025

Newcastle Herald

Big five oil companies to reward shareholders with record payouts

BP, Shell, Chevron, ExxonMobil and TotalEnergies to distribute more than $100bn despite public outrage

The Guardian - UK

No space for Eraring, new report says coal plant won't be needed post 2025

Analysis says renewables will fill the gap left by the closure of Eraring.

Newcastle Herald

Call to curtail 'supernormal profits' in energy network

The regulator has rejected an accusation that electricity networks are generating "supernormal profits" off the use of poles and wires and stoking inflation.

AAP

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Rio, BHP warned of investor pressure on steel emissions

Australia's largest diversified miners are being urged to come clean on the greenhouse gas emissions pumped into the atmosphere by the world's steelmakers.

AAP

India's furnaces not the answer for Aussie coal exports

A report has found India will reduce its dependence on Aussie coal in steel furnaces as the price of green hydrogen comes down and carbon penalties go up.

AAP

Why carbon capture and storage will not solve the climate crisis any time soon

Announcing new oil and gas licences along with carbon capture projects is like giving cigarettes to someone trying to quit smoking

The Guardian - UK

NTPC can acquire stranded thermal power plants rather investing in new projects, says IEEFA

According to the Institute for Energy Economics and Financial Analysis (IEEFA), acquiring and reviving stranded thermal power plants is a better option for all stakeholders, including NTPC. Must read further on Dynamite News:

Dynamite News

Italian energy company Eni to develop Evans Shoal gas field described as 'carbon bomb'

Energy company Eni has quietly revived plans to develop a gas field in the Timor Sea which contains some of the most carbon-intensive gas in Australia, "far more than any other gas field that is being developed".

ABC News

Bangladesh in hot seat over Adani’s power deal

Bangladesh’s opposition has jumped on the recent controversy over the Indian tycoon to demand cancelling the power deal.

Al Jazeera

Coal in a pincer-grip: the world needs energy, but climate concerns grow by the day

Coal: the planetary Jekyll and Hyde

Newcastle Herald

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Newcastle Herald

IEEFA says record high coal prices will accelerate demise of coal industry

High coal prices a 'two-edged sword' say industry critics

The National (Scotland)

UK Government snubs north-east carbon capture project meeting bid

The team behind the project asked local MPs to push for a meeting with Chancellor Nadhim Zahawi - but were rejected

The Guardian - UK

Carbon capture is not a solution to net zero emissions plans, report says

The technology, put forward as part of the UK’s net zero strategy, could extend the life of fossil fuel infrastructure

ABC News

After a turbulent week, what's next in Australia's east coast power crisis? And what's happening with the blackout threat?

Australia's energy operator made a massive move on Wednesday, and that's keeping blackouts at bay — for now. So how did we get here? And what's coming next?

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ABC News

Will long-term boost to energy capacity stop exit from coal? Debate is red hot

One of Australia's most experienced energy advisers has downplayed concerns that a plan by state and federal energy ministers to overhaul the electricity market could prolong the coal-fired power industry.

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