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IEEFA Memo: Buyer Beware on Montana Power Plant

Weighing a Proposition That Would Cost Ratepayers and Taxpayers Hundreds of Millions of Dollars

We’ve written a buyer-beware letter today to members of the Montana legislature on the perils of taking an ownership stake in the aged Colstrip Power Plant in eastern Montana. News organizations have reported recently that some state officials want to explore having either NorthWestern Energy—or the state itself—own or assist in the continued operation of […]

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In Adani’s New Data, a Shift to Renewables


Indian Conglomerate Goes Quiet on Carmichael Coal Project in Australia


Adani Enterprises Ltd (AEL) yesterday reported its 2015/16 financial year to March 2016 result.[i] Net profit was US$158m. Results are not comparable to the previous year given the deconsolidation of Adani Power, Adani Transmission and Adani Ports, which halved the book value of shareholders equity to US$2.0bn. Adani Enterprises remains relatively heavily geared, with net […]

FirstEnergy Throws a Hail Mary Pass In Its Scheme to Keep Aging Power Plants Alive


FirstEnergy Throws a Hail Mary Pass In Its Scheme to Keep Aging Power Plants Alive


Scrambling for an End Run Around a Federal Road Block


FirstEnergy plugs away in zombie-like fashion at its undying effort to make ratepayers pick up the tab on aging electricity plants whose time has passed. Despite having been delivered a major setback last week by the Federal Energy Regulator Commission, FirstEnergy is scrambling now for an end run around FERC, even as AEP—similarly hobbled by […]

Misguided Plan to Rebuild Puerto Rico’s Electric System Is Fraught With Risk and Cost and

Misguided Plan to Rebuild Puerto Rico’s Electric System Is Fraught With Risk and Cost

A Deeply Unimaginative Blueprint to Keep a U.S. Commonwealth Addicted to Imported Fuel

Puerto Rico’s sole electricity utility is proposing a plan to rebuild the island’s electricity system in a way that would continue its dependence on imported fossil fuels and require its customers to pay for over $1 billion worth of potentially unnecessary infrastructure. That’s the gist of comments we’ve filed with the Puerto Rico Electric Commission […]

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