IEEFA Asia Newsletter

Welcome

As fast-paced changes impact the global energy landscape, our analysts highlight the latest trends, risks, and opportunities with evidence-based and data-supported insights into these evolving situations.

This month, we are especially pleased to present a joint report with the Institute for Essential Services Reform (IESR) and RE100 (part of the Climate Group) that examines how Indonesia can unlock more renewables investment via power wheeling — the shared use of the transmission network — as a win-win for the government, national utility PLN, and private power producers.

Our other recent research includes:

• Changing U.S. tariffs are likely to adversely impact most solar photovoltaic (PV) exports from Malaysia, Thailand, Vietnam, and Cambodia. These changes underline the need for Southeast Asian countries to diversify energy mixes and maximize local renewable installations to hedge against market fluctuations and protect local jobs and economies.
• In Pakistan, the recent surge in solar photovoltaic (PV) installations has exacerbated grid issues, resulting in financial and technical implications. Proposed amendments to the net metering regime may mitigate further risk to distribution infrastructure, increase grid-based consumption, and ensure transmission system stability.
• Gas exporters tout liquefied natural gas (LNG) as a coal replacement in China. However, LNG faces intense competition from coal, renewables, and other gas sources. Volatility in global markets and escalating tensions with suppliers like the U.S. have only weakened the case for LNG in China.
• Our sustainable finance team examined transition credits and the exit of major banks from the Net Zero Banking Alliance. The economic case for the energy transition should motivate banks to uphold climate commitments and support renewable energy buildout.

Please read the analyses in full for more details and reach out if you’d like to discuss any of our findings.

Warm regards,

Paige Nguyen

Latest Releases

IEEFA Around the Globe

• IEEFA Australia: Delaying coal power exits: A risk we can't afford
  
• IEEFA Europe: Unlocking France's offshore wind potential
• IEEFA South Asia: Assessing the viability of LNG trucks for India’s clean goals
• IEEFA U.S.: Reopening closed coal plants makes no economic sense

Media Highlights

• Bloomberg: Climate Deals Worth $45 Billion Seen Surviving US Exit
• LNG Industry Magazine: Understanding the competitive landscape for China’s LNG market
• The Business Times: South-east Asia’s place in the sun just got dimmer
• South China Morning Post: Crunch time ahead for China’s solar panel producers as Trump’s 3,521% ‘shock’ tariffs loom
• New Energy World: South Korea’s energy transition gathers pace
• ESG Investor: Asia-Pacific Credits Start the Clock on Asia’s Transition from Coal