Author Archive: IEEFA

Experts: State efforts to bolster coal industry can’t stop the market

S&P Global Market Intelligence ($): Several state legislatures took up bills aimed at boosting coal during their 2019 sessions, but industry observers said the efforts will do little to turn the tide for the struggling sector. While some producers have been able to take advantage of strong export pricing in the global metallurgical market, many […]

March 22, 2019 Read More →

Grid-scale battery storage begins to take hold in India

Greentech Media: India is finally seeing the emergence of a grid-scale energy storage market after years of anticipation. This month the Solar Energy Corporation of India (SECI) invited bids for 3.6 gigawatt-hours of storage connected to 1.2 gigawatts of solar on India’s interstate transmission system, the biggest battery solicitation seen in the country so far. […]

March 22, 2019 Read More →

GE begins testing of innovative two-piece onshore wind turbine blade

ReNews.Biz: A prototype of GE’s 5MW-plus Cypress onshore wind turbine platform has started operating for the first time at a site in the Netherlands. Installation of the 5.3MW machine started late last year at Wieringermeer and the unit is now generating electricity at full-power, the company said. GE will continue to operate the prototype during […]

March 22, 2019 Read More →

African Development Bank to boost renewable energy funding

Financial Times ($): Renewable energy, particularly solar power, is the key to driving economic development in Africa and combating climate change, the president of the African Development Bank said, whilst committing to $25 billion in new climate financing between 2020 and 2025. “Africa has 11 terawatts of solar power potential: that’s the largest we find […]

March 22, 2019 Read More →

Canadian pension fund, Williams form pipeline entity targeting Marcellus and Utica basins

Reuters: Canada Pension Plan Investment Board is expanding its presence in the North American natural gas market through a $3.8 billion joint venture with U.S. energy firm Williams Cos Inc, which will hold pipeline assets in the Marcellus and Utica shale basins, the biggest gas-producing region in the United States. Canada’s largest pension fund will […]

March 22, 2019 Read More →

Decline in U.S. demand hitting domestic thermal coal miners hard

S&P Global Market Intelligence ($): Major U.S. coal producers that bit the bullet early and filed for bankruptcy a few years ago are now enjoying the benefits of improved coal markets and clean balance sheets, but the companies that avoided that first wave of reorganizations now find themselves particularly stressed by declining domestic demand. Two […]

March 21, 2019 Read More →
Climate risk prompts judge to halt oil and gas drilling projects in Wyoming

Climate risk prompts judge to halt oil and gas drilling projects in Wyoming

The Guardian: In the first significant check on the Trump administration’s “energy-first” agenda, a US judge has temporarily halted hundreds of drilling projects for failing to take climate change into account. Drilling had been stalled on more than 300,000 acres of public land in Wyoming after it was ruled the Trump administration violated environmental laws […]

March 21, 2019 Read More →

Sources say Chinese regulators to limit use of green bonds for ‘clean coal’ projects

Reuters: Chinese regulators are close to releasing new “green bond” standards that would exclude polluting fossil fuel projects from corporate financing channels designed to lift environmental standards, people familiar with the matter told Reuters. Beijing has in recent years promoted new green financing methods to help industry pay for its transition to cleaner modes of […]

March 21, 2019 Read More →

New England transmission operator projects sharp rise in solar generation through 2028

Platts: ISO New England Tuesday discussed its 2019 solar power capacity forecast with stakeholders, which showed a regional cumulative installed capacity increase to 6,744 MW in 2028 from 2,884 MW at the end of 2018, a 134% jump. The grid operator’s Final 2019 PV Forecast that was presented to the Distributed Generation Forecast Working Group […]

March 21, 2019 Read More →

French firm completes world’s largest floating solar project in China

Renew Economy: French-based Ciel & Terre International has announced that its 70 MW floating solar power plant located on top of an old coal mining area in the province of Anhui, China, is now officially complete after several months of tests and monitoring. Ciel & Terre has been developing floating solar PV projects since 2011 […]

March 21, 2019 Read More →