Author Archive: IEEFA

U.S. Coal Producers About to Lose More Business

S&P Global Market Intelligence ($): U.S. coal producers will soon need to find new customers or mine less coal, as a sizable chunk of the sector’s 2017 deliveries went to customers with plans to retire their operations within four years. About 27.7 million tons, equal to 3.6% of the coal produced in the United States […]

April 20, 2018 Read More →

Renewable Energy Development in India Gets Big Boost From New Green Fund

Reuters: LONDON—Lightsource BP and Indian private equity fund Everstone Group announced on Wednesday the creation of a 500 million pound ($711 million) fund to invest in renewable energy and clean technology in India. The fund, named Green Growth Equity Fund (GGEF), was launched with an initial war chest of 240 million pounds shared equally by […]

April 19, 2018 Read More →

IRENA: Renewable Energy Investment Can Boost Jobs and Cut Carbon Emissions

Clean Technica: The speed of global renewable energy adoption needs to increase by at least a factor of six if the world is to meet the goals set out in the Paris Climate Agreement, but which would also result in the growth of the global economy and global welfare, according to a new report from […]

April 19, 2018 Read More →

Drop in Domestic Coal Use Cuts Into CSX Revenue

S&P Global Market Intelligence ($): Domestic natural gas competition contributed to a year-over-year drop in coal revenue for CSX Corp. in the first quarter, but the company said it will “run the wheels off the railcars” to move as much export coal as possible to meet high overseas demand. CSX shipped 12.3 million tons of coal to […]

April 19, 2018 Read More →

Trump Team Looks to War Statute to Help Coal Industry

Bloomberg:  Months into the Korean War, President Harry Truman capped wages and imposed price controls on the steel industry, seizing authority under a newly passed law to take action in the name of national defense. Now, more than a half century later, Trump administration officials are considering using the same statute to keep struggling coal […]

April 19, 2018 Read More →

Plug Pulled on Long-Delayed Clean Coal Project In Australia

The Sydney Morning-Herald: The last of a long list of government-backed “clean coal” projects has fallen over, with the Andrews government reluctantly confirming the end of a $90 million program announced amid much fanfare six years ago. After days of pressing by The Age, Treasurer Tim Pallas’ department issued a statement announcing the conclusion of the […]

April 19, 2018 Read More →

FERC to Examine Grid-Resiliency Question

S&P Global Market Intelligence ($): As part of a broad review of electric grid resilience, Federal Energy Regulatory Commission Chairman Kevin McIntyre said his agency will consider whether the loss of entire resource categories “would be harmful to American interests.” The comments came as coal-fired and nuclear power proponents urge the federal government to stem […]

April 18, 2018 Read More →

Iowa’s MidAmerican Continues Push to 100% Renewables

GreenBiz: Falling prices for solar and wind power, and support from customers, is helping the Iowa utility owned by Warren Buffett’s Berkshire Hathaway gain on its goal of generating 100 percent renewable energy for its customers, a company executive said. MidAmerican Energy, one of four utilities that Berkshire owns, is in one of the windiest places […]

April 18, 2018 Read More →

Opponents Question Need for PNM Coal Plant Repairs

The New Mexican: Nine advocacy groups, led by New Energy Economy, asked the New Mexico Public Regulation Commission to investigate the cause of a March blaze at the coal-fired San Juan Generating Station northwest of Farmington. The petitioners want to prevent Public Service Company of New Mexico from making substantial improvements to Unit 1, the […]

April 18, 2018 Read More →

Wind Tops 6% of U.S. Generation in 2017, a New Record

North American Windpower: After strong growth in 2017, wind power now supplies more than 30% of electricity in four states and more than 10% in 14 states, according to the American Wind Energy Association’s (AWEA) newly released U.S. Wind Industry Annual Market Report 2017, which shows that the industry now employs a record 105,500 men and women across all 50 […]

April 18, 2018 Read More →