March 18, 2019 by Tim Buckley Leave a Comment

The IEA’s Sustainable Development Scenario (SDS) – if it’s followed - sees the world limiting the temperature rise to below 2°C. Even if we stick to the plan the SDS gives us only a 50% chance of success. Tim Buckley at IEEFA says those odds are not good enough. Worse, the SDS depends on carbon capture and storage (CCS) achieving commercialisation at scale by 2030. The author explains why he thinks that’s unrealistic, and calls for the IEA to … [Read more...]

Filed Under: Climate policy, Energy Tagged With: CCS, financing, IEA, Paris2050, policies, SDS, WEO

February 14, 2018 by Tim Buckley

Renewables are not yet the least costly option in every market, writes Tim Buckley, Director of Energy Finance Studies Australasia at the Institute for Energy Economics and Financial Analysis (IEEFA), but the pace of change demonstrates that a tipping point toward a new energy economy is coming, and fast. Article courtesy IEEFA. … [Read more...]

Filed Under: Climate policy, Energy, Markets, Renewables Tagged With: climate change, electricity market, energy transition, financing, renewables, solar power, wind power

September 10, 2014 by Tim Buckley

The Chinese wind energy sector is growing at tremendously. China is expected to exceed its 2015 target of 100GW wind capacity by 30%, reports Tim Buckley, Director Energy Finance Studies Australasia at the Institute for Energy Economics and Financial Analysis (IEEFA) for Reneweconomy. At the same time, China is rapidly diversifying away from coal, towards more nuclear, renewables and hydropower. The implications for global energy markets are … [Read more...]

Filed Under: *, Energy, Oil, Gas & Coal, Renewables Tagged With: climate change, coal power, diversification, electricity market, energy transition, grid, hydropower, infrastructure, renewables, wind power