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How a ‘Clean Coal’ Myth Squandered Hundreds of Millions of Taxpayer Dollars Before It Was Finally Unmasked

FutureGen Is Now Properly Relegated to the Past

When the U.S. Department of Energy pulled the plug in February on a $1 billion subsidy to build FutureGen, a “clean coal” plant in Illinois, it put a merciful end to a twisted tale that had been unraveling for years. The coal industry peddled influence at high levels among both Democrats and Republicans to move […]

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The Solar Boom Gathers in China, India, Japan …

The Solar Boom Gathers in China, India, Japan …

A Wave Driven by Improvements in Efficiency and Technology

The structural decline of thermal seaborne coal markets that we’ve written so much about over the past couple of years is all about a combination of two evidently unstoppable modern energy-market forces: Improvements in cost effectiveness of energy efficiency. Sustained advances in both the scale and the technology of renewable energy. One could arguably add […]

May 26, 2015 Read More →
Note to the D.C. Public Service Commission: An Exelon-Pepco Merger Would Damage Ratepayers

Note to the D.C. Public Service Commission: An Exelon-Pepco Merger Would Damage Ratepayers

A Dissent From Maryland Details the Harm That Would Result

In an under-publicized dissent last week, two members of the Maryland Public Service Commission described the proposed merger of Exelon Corp. and Pepco Holdings for what it is—a corporate windfall that heaps risk onto customers. Commissioners Harold D. Williams and Anne E. Hoskins, the dissenting voices in the commission’s 3-2 decision to approve the merger, summed […]

Proposed Power Plant in Tamil Nadu, India, Is Too  Expensive

Proposed Power Plant in Tamil Nadu, India, Is Too Expensive

The High-Priced Cheyyur Power Project Would Raise Electricity Prices or Require Large Government Subsidies

We’ve published new research this morning that shows how a proposed 4,000-megawatt coal-fired plant in Tamil Nadu, India, would produce electricity that is too expensive. Our report, “Cheyyurr UMPP: Financial Plan Will Make Electricity Unaffordable,” finds also that the project, classified as an Ultra Mega Power Plant, would undermine the Indian government’s public-policy goal of […]

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