Archive for March, 2017

More News and Commentary

IEEFA Europe: More Fallout Around the Dutch Coal Stranded-Asset Mistake

Uniper, Engie Make Further Write-Downs in the Netherlands; Plans Proceed Nonetheless in Germany for an Equally Outmoded Project

In “The Dutch Coal Mistake” report we published late last year we warned of further write-downs to come from the extraordinary commissioning of three brand-new coal power plants in the Netherlands in 2015. That report spoke directly to the Dutch gaffe but raised broader questions about investing in new coal-powered generation anywhere in Europe. The […]

March 31, 2017 Read More →

A Coal-to-Renewables Shift Picks Up Across Asia

The Economist: The Hazelwood power station in Australia’s state of Victoria started generating electricity 52 years ago. The stark symbol of an era when coal was king, Hazelwood was one of Australia’s dirtiest: its fuel was the Latrobe valley’s brown coal, a bigger polluter than the black sort. The station was due finally to close […]

March 31, 2017 Read More →

Trump Administration’s Retro Energy Policy Undermines Economy of Southwest U.S. (144,000 Solar and Wind Jobs and $83 Billion in Current Capital Investment)

Associated Press: Part of a coal-fired power plant in northwestern New Mexico is still scheduled for retirement despite President Donald Trump’s executive order Tuesday to roll back measures aimed at tackling global warming. And the state’s largest electric provider has no plans to shift gears when it comes to promoting cleaner energy, a spokesman said. […]

March 31, 2017 Read More →

Editorial: Colorado’s Fast-Growing Clean Energy Industry

The Grand Junction (Colo.) Sentinel: As Darryl Fears reported in the Washington Post, the biggest challenges to coal jobs come from market forces — mainly cheap natural gas. There’s also the increasing competitiveness of wind and solar power and the coal industry’s “long-term business model of producing more coal with fewer workers,” according to the […]

March 31, 2017 Read More →

Norway Government Digs in Against Renewable Infrastructure Investment, Ensuring ‘Further Debate on This Topic’

Reuters: The minority government repeated it was opposed to letting the fund invest in unlisted infrastructure such as roads, bridges and wind farms, due to the political risk these investments may carry and their high transaction costs. It had opposed loosening the rules in last year’s review but lawmakers had said the question should be […]

March 31, 2017 Read More →

IEEFA Press Release: ‘Zero Employment Impact’ In Trump Administration’s New Energy Policies

Decline of U.S. Coal Industry Will Continue; Production Will Drop; Investors Will Jump Ship; Few Gains From Regulatory Relief; Increasingly Dim Employment Prospects

The Institute for Energy Economics and Financial Analysis today dismissed job-production claims that the Trump administration made this week with its rollback of emissions regulations and federal mining policies. Tom Sanzillo, IEEFA’s director of finance, said the coal industry especially remains unlikely to recover, regardless of what the administration does. “Market forces overwhelmingly favor natural gas-fired electricity […]

March 29, 2017 Read More →

Ιαπωνία: Στο 35% το μερίδιο των ανανεώσιμων πηγών ενέργειας ως το 2030

Η Ιαπωνία μπορεί να φτάσει το μερίδιο των ανανεώσιμων πηγών ενέργειας στο 35% έως το 2030 με πολιτική που θα εφαρμοστεί από μία ισχυρή ηγεσία, σύμφωνα με νέα έκθεση από το Ινστιτούτο Ενεργειακής Οικονομίας και Οικονομικής Ανάλυσης (IEEFA). Η έκθεση αναφέρει ότι η αύξηση της ενεργειακής απόδοσης έχει ως αποτέλεσμα την πτώση της ζήτησης ηλεκτρικής […]

March 29, 2017 Read More →

Japan Is Investing Heavily in Overseas Renewables

Tim Buckley for Renew Economy: Among one of the key points we made in a report we published last week on Japan’s post-nuclear energy economy is how Japanese energy-investment capital is being pulled inextricably now toward overseas renewable-energy projects. It’s a wrinkle worth repeating. Our report—“Japan: Greater Energy Security Through Renewables – Electricity Transformation in […]

March 29, 2017 Read More →

‘We Don’t See Any Utility Adding New Coal to Their Rate Base’

McClatchy DC Bureau: President Donald Trump campaigned on putting coal miners back to work, and on Tuesday, he gave the impression he was delivering. But he wasn’t. Trump rolled back Obama administration regulations considered detrimental to the industry. But the president’s actions will bring minimal benefit to the coal-producing regions that helped him win the […]

March 29, 2017 Read More →

On the Blogs: Miscasting the Issue Won’t Bring Back Jobs

BuzzFeed: EPA Administrator Scott Pruitt said on ABC’s This Week the order would counter “the past administration’s effort to kill jobs across this country.” He suggested the administration’s environmental policies would be both pro-jobs and pro-environment, following clean air and clean water rules while asking federal agencies over the next six months to identify rules […]

March 29, 2017 Read More →