Die vorzeitige Stilllegung von Kohlekraftwerken kann für Investoren profitabel sein, entgegen der landläufigen Meinung. Die neue Studie gibt Einblick in die finanzielle Machbarkeit einer beschleunigten Umstellung von Kohle auf erneuerbare Energien in den Entwicklungsländern Asiens zur Bekämpfung des Klimawandels.

I’ve linked to the news release in the post above. In this comment, for those interested, here’s the link to the peer reviewed journal article:

https://www.sciencedirect.com/science/article/pii/S0301421524003112

From the linked article:

Early retirement of coal plants can be profitable for investors

New research from Griffith University provides crucial evidence the early retirement of coal-fired power plants can be financially advantageous for investors, which is contrary to mainstream belief. The research provides innovative insight into the financial viability of accelerating the transition from coal to renewable energy in developing Asian economies to address climate change, and a roadmap for implementing financially viable strategies.

Key findings include:

1. Early retirement of coal plants can be financially advantageous for investors.

2. Younger coal plants, particularly those with high financing costs, can potentially be retired earlier than older plants while maintaining or increasing enterprise value.

3. Refinancing strategies, combined with renewable energy investments, can significantly enhance enterprise values for coal plant owners.

4. The study demonstrates that coal plants in Vietnam and Pakistan could be retired 3-13 years earlier than scheduled while preserving or increasing financial returns.

The research paper, Can investors benefit from the early retirement of coal plants: A plant-level analysis of Chinese-sponsored coal stations in Vietnam and Pakistan was published in leading academic journal, Energy Policy.