Archive for November, 2017

More News and Commentary

Adani’s Aussie Coal Mine Could Fuel China’s BRI

Asia Times: The Indian-owned Adani Group’s bid to seek funds from a Chinese state-owned-enterprise for its controversial project in Australia – to build the world’s largest coal mine – could spark further problems, according to a US think tank. There are fears that coal from the mine could be headed to China’s ambitious Belt and […]

November 30, 2017 Read More →

Experts Resoundingly Urge Fossil Fuel Divestment at Public Advocates’ Public Hearing On Climate Change

CommonDreams.org: At today’s public hearing, over 50 speakers, some from as far away as Standing Rock and the Alberta tar sands region of Canada, put forward ample scientific, financial, and moral arguments for New York elected officials to divest from fossil fuels, as an essential means of mitigating the climate crisis. Just before the hearing, […]

November 30, 2017 Read More →
IEEFA Guest Commentary: The Sensible Path Forward for South Africa’s Eskom

IEEFA Guest Commentary: The Sensible Path Forward for South Africa’s Eskom

Decommissioning Old Coal-Fired Plants and Curtailing Construction of New Ones Is in the National Interest

South Africa’s national power utility, Eskom, would do well by its ratepayers and investors to decommission its older coal-fired power stations and consider curtailing construction of its controversial 4,800-megawatt Kusile Power Plant project. A study published earlier this month by my firm, Meridian Economics, explains how these interventions would save hundreds of millions of dollars […]

Transition Is Enveloping U.S. Electricity Sector

Wall Street Journal: The rapid rise of wind and natural gas as sources of electricity is roiling U.S. power markets, forcing more companies to close older generating plants. Wholesale electricity prices are falling near historic lows in parts of the country with competitive power markets, as demand for electricity remains stagnant while newer, less-expensive generating […]

November 30, 2017 Read More →

New 800-Mile Midwestern Power Line Expands U.S. Wind Market

Midwest Energy News: Finished in late September after more than a decade of planning and construction, the 800-mile-long CapX2020 transmission project has prompted more than 3,600 megawatts of clean energy project proposals, according to Xcel Energy. While not all the proposals are likely to be approved by regulators, the flood of applications represents the tangible […]

November 30, 2017 Read More →

California Project Reflects a Trend Toward Oil Industry Investment in Solar

Washington Post: The Belridge oil field near Bakersfield, Calif., is one of the largest in the country. It has been producing oil for more than a century and last year produced about 76,000 barrels a day, according to Aera Energy, its operator. But the oil field is about to become even more remarkable. Its future […]

November 30, 2017 Read More →

U.S. Tax Reform Plan Includes Provision Harmful to Renewable Energy Sector

GreenTech Media: With the Senate tax bill speeding toward a vote, renewable energy trade organizations on Wednesday raised the alarm about an obscure and “extremely problematic” provision they say would pull the investment rug out from underneath renewables projects. “It’s a crazy situation — one that we should not be in at the moment,” said […]

November 30, 2017 Read More →

In ‘Challenging Transition,’ Navajo Generation Station Will Stay Open Through 2019

The Hill: The coal-fired Navajo Generating Station has obtained the approval it needs to stay open through 2019. The Salt River Project, an Arizona utility that partially owns the plant and is negotiating on behalf of the other owners, announced Wednesday that the federal Bureau of Reclamation and Bureau of Indian Affairs had completed their […]

November 30, 2017 Read More →
IEEFA Update: More Questions on U.K. Nuclear Project

IEEFA Update: More Questions on U.K. Nuclear Project

Concerns Grow That Hinkley Point C Is an Overpriced Mistake

Two of the U.K.’s main public-spending watchdogs have now criticized the government’s deal with French utility giant EDF to support completion of a new nuclear power plant, only just stopping short of saying the deal was an outright mistake. The critiques highlight the risk in failing to heed the falling cost of renewables and serve as […]

November 29, 2017 Read More →

On the Blogs: ‘The Last Days of Coal?’

Alibra Shipping: At least 15 countries have joined an international alliance to phase out coal use for power generation before 2030. Britain, Canada, Denmark, Finland, Italy, France, the Netherlands, Portugal, Belgium, Switzerland, New Zealand, Ethiopia, Mexico and the Marshall Islands have joined the Powering Past Coal Alliance. The alliance aims to have 50 members by […]

November 29, 2017 Read More →