Author Archive: IEEFA

Raport IEEFA: Polski projekt „czystego węgla” narażony na wysokie koszty i kłopoty eksploatacyjne

Założenia dotyczące planowanej elektrowni w technologii zgazowania węgla w Łęcznej są „nierealistyczne” i mogą skończyć się wyższymi kosztami energii oraz wyższymi emisjami CO2.

Planowana elektrownia w technologii zgazowania węgla (ang. integrated gasification combined cycle, IGCC) w Łęcznej będzie droga w budowie, a jeżeli powstanie grożą jej poważne kłopoty eksploatacyjne. To konkluzje z opublikowanego dzisiaj raportu amerykańskiej organizacji IEEFA. Ekonomiści oparli swoje wnioski na doświadczeniach podobnych elektrowni funkcjonujących w USA. Raport „Projekt IGCC w Łęcznej: spodziewane wysokie koszty i […]

September 25, 2018 Read More →

IEEFA report: Polish ‘clean coal’ project risks high construction and operating costs and unreliable performance

ENEA’s projections for Łęczna IGCC are ‘unrealistic’ and would result in higher-priced electricity and emissions than acknowledged

Sept. 26, 2018 (IEEFA) — A proposed gasified-coal-fired power project at Łęczna in Poland risks high build costs and unreliable operation, given real-world experience of similar technology in the United States, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report—“Łęczna IGCC Project: High Costs and Unreliable Operations Can […]

September 25, 2018 Read More →

Coal in the Philippines: Are banks risking US$21 billion on stranded assets?

EcoBusiness.com: Banks in the Philippines continue to finance coal-fired plants despite the looming risk that the plants will not be able to pay back loans for their construction. Even though President Rodrigo Duterte signed the Paris Climate Accord last year, there has been a coal boom in the country, with 10,423 megawatts (MW) of largely […]

September 25, 2018 Read More →

AEP will close 680MW Texas coal plant in 2020

Houston Chronicle: A north Texas coal-fired power plant will shut down in 2020 after it couldn’t make money in the Texas power market. The nearly 700 megawatt Oklaunion plant near Vernon couldn’t compete in the market run by the Electric Reliability Council of Texas or ERCOT said AEP Texas spokesman Greg Blair. “The owners voted […]

September 25, 2018 Read More →

Moody’s: Renewables continue growing at coal’s expense

Financial Times ($): Emerging markets are set to eclipse developed nations next year in their capacity to generate wind and solar power as equipment costs fall and the energy market approaches “peak coal”, according to Moody’s, the credit rating agency. While developed countries have long been leaders in renewable power generation, emerging economies are close […]

September 25, 2018 Read More →

Iberdrola planning major U.S. renewables expansion

Reuters: Iberdrola SA, the world’s biggest wind power producer, plans to expand its renewable capacity in the United States by about 50 percent over four years as part of the Spanish electric utility’s global plan to reduce carbon emissions, its chief executive told Reuters on Monday. Ignacio Galan, who was in New York to speak […]

September 25, 2018 Read More →

World’s largest baker commits to 100% renewables

CNBC: Grupo Bimbo, the world’s biggest baking company, has committed to using 100 percent renewable electricity by the year 2025. Headquartered in Mexico City, Mexico, Grupo Bimbo has also joined the RE100, a global initiative made up of some of the world’s biggest companies, all committed to using 100 percent renewable electricity. The RE100 is […]

September 25, 2018 Read More →

U.K.’s Standard Chartered to end coal plant financing

Bloomberg: Standard Chartered Plc said it will stop financing new coal-fired power plants anywhere in the world as part of its commitment to supporting the Paris Agreement on climate change. The move follows “detailed consultation with a range of stakeholders,” according to a statement Tuesday from the London-based bank. Environmental degradation, extreme weather and rising […]

September 25, 2018 Read More →

100% renewable energy: Cleveland sets a big goal as it sheds its fossil fuel past

InsideClimate News: Cleveland, Ohio, which has worked for years to reinvent itself as it sheds its industrial past, has become the latest major city to announce plans to shift to 100 percent renewable energy sources for electricity. The plan stands out in a state that in recent years has been more inclined to roll back […]

September 24, 2018 Read More →

End appears near for Navajo Generating Station

Arizona Republic: It’s now a lock that the biggest coal plant in the West and the mine that feeds it will close in December 2019, if not earlier, and there is no proposal from anyone to stop it and little hope it would ever reopen. Middle River Power of Illinois and its affiliated New York […]

September 24, 2018 Read More →