#CCUS Unlikely for #SteelIndustry #Decarbonisation . Report by Simon Nicholas and Soroush Basirat suggests #DRI -based steelmaking and EAFs offer better emissions reduction than #CCUS . Track record of CCUS underperformance cited. 👇 ieefa.org/resources/carb…

Global #Steel Industry Evolution: Tech Transition Redefines Map.
Simon Nicholas delves into transformative changes reshaping steel in 2024 & beyond. UK leads shift to EAFs, HBI trade grows in WA. Challenges remain for #CCUS . #GreenSteel
👇
ieefa.org/resources/acce…

Sam Reynolds at #IEEFA highlighted ongoing volatility and uncertainty surrounding LNG demand here at #GWDECARB .

“We are expecting new supply capacity to hit 667 million tonnes by 2028. You can see that the industry is headed for a huge overbuild over the next decade,” #gasworld

There's every reason in the world to believe that the Natrium reactor project in Wyoming is going to be a bigger financial disaster than the NuScale SMR was. This should inform Australia's approach to nuclear.

via Renew Economy

hubs.ly/Q02s919n0

For Australian oil and gas companies such as Santos and Woodside, the main strategic options in a declining market are “quick divest” and “harvest” – which focuses on reducing costs to maximise cash flows | IEEFA Asia Pacific ieefa.org/resources/aust…

TotalEnergies has delayed Papua #LNG decision by another year citing high costs. IEEFA Asia Pacific highlighted the financial risks of the project last year. totalenergies.com/news/press-rel… IEEFA report - ieefa.org/resources/papu…

IEEFA Australia CEO Amandine Denis-Ryan warns how Australian gas companies must adapt to a declining market. Strategic options include 'quick divest' and 'harvest' to maximise cash flows. #AustralianGas
ieefa.org/resources/aust…

Don't miss IEEFA Australia's Jay Gordon speaking on EVOLVING THE REGULATORY LANDSCAPE + MARKET STRUCTURES WITH THE PACE OF TRANSITION at Power + Utilities Australia, 7-8 May in Melbourne.

Use code SPEAKER10 for 10% off.
Secure your spot now👇
rebrand.ly/75pz6ecb

#PUA2024

Join us at Power + Utilities Australia! Our CEO Australia Amandine Denis-Ryan will discuss the #EnergyTransition at the Leadership Summit in Melbourne, 7-8 May.

Use code SPEAKER10 for a 10% discount 👇rebrand.ly/75pz6ecb

#PUA2024

QLD Government Taking a Huge Gamble on Coal Royalties

Queensland's #coal industry must prioritise #methane abatement for #sustainability . Andrew Gorringe, IEEFA, examines the economic implications.👇
thefifthestate.com.au/columns/spinif…

Once the largest importer of #LNG , #Japan ’s demand for the fuel has fallen rapidly in recent years. As a result, the country’s #gas and #power utilities face a surplus of LNG purchase commitments. #ONGT

Read the key facts from this IEEFA report:
hubs.li/Q02rNLCb0

Australian Thermal #Coal Exports Decline Rapidly: No Respite from South East Asia. Anne Knight, analyst at IEEFA.org, highlights the trend. 👇
ieefa.org/resources/aust…

#Thermalcoal #SouthEastAsia #Australia

IEEFA Asia Pacific has published a report on the Beetaloo #gas 'pipe dream' a risky venture, with questionable rewards. #LNG #EnergyTransition
ieefa.org/resources/beet…

Coal mines are thirsty, thirsty projects.

Our friends at IEEFA.org recently published an in depth analysis revealing how this unquenchable thirst is draining Australia dry.

ieefa.org/resources/hidd…

Currently, most of the national #taxonomies in #SoutheastAsia are picking and choosing as per convenience from the approaches outlined in the ASEAN taxonomy, says IEEFA's Ramnath Iyer.

via Sustainable Views

#SustainableFinance #ESG

hubs.li/Q02rfXFn0

Don’t believe the spin: New Australian government forecasts show that risks for metallurgical coal’s outlook are mounting on the downside.

ieefa.org/resources/dont… #coal #steel #energytransition #ausbiz

IEEFA’s Haneea Isaad Haneea Isaad: There may be a supply-demand mismatch with the planned virtual liquified natural gas #VLNG projects in #Pakistan , resulting in unutilized terminal capacity and idle supply infrastructure:
hubs.li/Q02r7Yxk0
#ONGT #OOTT #NatGas #energytwitter

Anne Knight, Coal Analyst at IEEFA Australia, reveals alarming trends in the coal industry. Water-related risks are escalating, impacting costs and investor risks. Severe weather disruptions have cost coal mines more than $5bn in lost sales. 👇ieefa.org/resources/hidd…

South Korea’s reliance on #fossilfuel , especially #LNG , along with the weak #power market competitiveness and delayed #energytransition , has hiked #electricity prices since 2022, resulting in an additional US$17b in electricity costs.

via Asian Power Magazine

hubs.li/Q02qSnmh0

#EVs aren’t just a cleaner and more efficient form of transportation – they’re also batteries on wheels. And there’s a lot you can do with 5 million batteries on wheels ow.ly/TIAe50R0IZe