Archive for October, 2015

More News and Commentary

Memo to Ohio Regulators: Beware the West Virginia Model

IEEFA Executive Director Sandy Buchanan in Crain’s Cleveland Business: There’s an old saying: “Fool me once, shame on you. Fool me twice, shame on me.” The Public Utilities Commission of Ohio would do well to heed this advice in light of proposals it is currently considering from FirstEnergy and AEP. The utilities are seeking guaranteed […]

October 30, 2015 Read More →

Indian giant Reliance Power’s shift from coal to clean energy

Tim Buckley, IEEFA director of energy finance studies, Australasia, for Business Insider Australia: In further signs of the staggering pace of transformation in global energy markets, Indian power behemoth Reliance Power, one of the three largest private power groups in that country, is urgently seeking to change the fundamentals of its business strategy. A detailed […]

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How Did a Coal Industry-Sponsored Study Get Such Cachet?

Tim Buckley, IEEFA director of energy finance studies, Australasia, for RenewEconomy: A coal industry-sponsored study being circulated quietly this week in advance of its planned publication by the International Energy Agency is riddled with false suppositions and outdated and misleading numbers. If this report emerges publicly in anything close to the form we were offered […]

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Pepco-Exelon Merger Isn’t in D.C. Ratepayers Best Interest

Stacey M. Brown for the Washington Informer: “As part of Exelon and Pepco’s shock and awe ad buy campaign, they feature the new settlement [with Bowser] as good for the environment,” said Mike Tidwell, director of the Chesapeake Climate Action Network, a grassroots and nonprofit dedicated to fighting global warming in Maryland, Virginia and the […]

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Aging Coal-Fired Plant in Florida: ‘Unreliable and Costly to Run’

Rob Lorei for WMNF Tampa: Today on Radioactivity, we are joined by David Schlissel, a director of the Cleveland-based Institute for Energy Economics and Financial Analysis, about Lakeland Electric’s 364-megawatt coal-burning generator, McIntosh Unit 3, which is jointly owned with Orlando Utilities Commission. The IEEFA recently conducted a study that found that the financial and […]

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Coal Industry Acknowledges Core Market Shifts

Everett Wheeler for SNL: Coal executives say a structural change is underway that is making it more challenging to manage costs as producers compete to maintain market share. “We’ve seen within the United States a significant and a permanent shift of market share on the generation grid from coal to natural gas and that significant, […]

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60% of New Electricity Generation in 2015 Is From Renewables

Joshua S. Hill for Clean Technica: In new figures released by the US Federal Energy Regulatory Commission (FERC) in its monthly Energy Infrastructure Update (PDF), it was revealed that renewable energy sources — including biomass, geothermal, hydropower, solar, and wind — accounted for 60.20% of the total 7,276 MW of new electrical generation installed in […]

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China Considers Tariff Changes to Lift Renewable Energy Production

From Bloomberg News: The National Development and Reform Commission, China’s top economic planning agency, plans to cut the tariffs annually in the five years through 2020 to make electricity from clean sources more competitive compared with coal power, according to a document seen by Bloomberg. China proposes reducing tariffs for wind farms by as much […]

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Move in China to Crack Down Further on Emissions

Kathy Chen and David Stanway for Reuters: China, the world’s biggest source of heat-trapping greenhouse gases, will impose tougher penalties on firms that fail to comply with emission targets, according to draft market regulations seen by Reuters on Thursday. The draft rules, which have been circulated among market players, will be submitted to lawmakers next […]

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Coal Downturn ‘Wearing on one of the Industry’s Only Profitable Companies’

Jacob Parker for the St. Louis Post-Dispatch: A coal industry downturn that shows no signs of letting up appears to be wearing on one of the industry’s only profitable companies. Foresight Energy, the St. Louis-based miner of Illinois coal, announced Thursday it would slash quarterly payments to unit holders by more than half, from 38 […]

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