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Trans Mountain pipeline costs are adding up for Canadian government

National Observer: The Trans Mountain oil pipeline is costing a Canadian Crown corporation some staggering interest expenses that cast doubt on strong revenues from the infrastructure touted in the federal government’s recent economic update. The interest expenses were $20 million over a single month in September, right after Prime Minister Justin Trudeau’s government purchased the […]

December 10, 2018 Read More →

Dominion suspends work on Atlantic Coast natural gas pipeline

Platts: Dominion Energy has suspended construction on the full 600-mile route of the Atlantic Coast Pipeline, except for some ‘stand-down’ activities, after an appeals court stay last week, the company told the U.S. Federal Energy Regulatory Commission Friday. Dominion said its action to halt work on the natural gas project was in response to the […]

December 10, 2018 Read More →

IEEFA U.S.: A rough week for the American coal industry

Momentum around declining consumption numbers, utility-company policy, export markets and internal assessments

The economic problems facing the U.S. coal industry have been on manifest display this week. On Tuesday morning, the federal Energy Information Administration reported that coal use in the U.S. is on track to fall to its lowest level since 1979, and that by year’s end consumption will be 44% below the 2007 peak of […]

December 7, 2018 Read More →

Battle brews over short-term energy investment plans in Puerto Rico

Greentech Media: The number of jurisdictions pursuing a goal of 100 percent renewables keeps growing. Puerto Rico looks to be next, with a late November plan from the island’s governor and a proposal before the legislature both calling for 100 percent renewables by 2050. In October, a diverse group of clean energy advocates also published […]

December 7, 2018 Read More →
IEEFA Arizona: ‘Post-coal reclamation economy’ seen after closure of Navajo Generating Station and Kayenta Mine

IEEFA Arizona: ‘Post-coal reclamation economy’ seen after closure of Navajo Generating Station and Kayenta Mine

Site remediation will involve thousands of acres and require hundreds of skilled workers; public pressure on Peabody may be required for ‘proper cleanup’; responsible repurposing of NGS infrastructure will include development of utility-scale solar and emerging electricity-storage technology

Dec. 7, 2018 (IEEFA) — Land reclamation and site remediation around the coal-fired Navajo Generation Station and its companion Kayenta Mine in northeastern Arizona will require years to complete and likely employ hundreds of  former plant and mine workers, concludes a  research brief published today by the Institute for Energy Economics and Financial Analysis. The report—“Long-Term […]

December 6, 2018 Read More →

PacifiCorp says more than half its coal plants aren’t economic anymore

Utility Dive: The Berkshire Hathaway subsidiary used unit-by-unit analysis to calculate a net benefit or cost for taking the coal units offline by 2022, showing nearly 60% of the retirements would lead to savings. But the utility says more analysis is needed before any shutdown decisions are made. PacifiCorp’s announcement is not an official step […]

December 5, 2018 Read More →

Betting on technology, major U.S. utility looks to be carbon-free by 2050

The Denver Post: Xcel Energy, Colorado’s largest electric utility, is upping its renewables game with the announcement Tuesday that it has a goal of being 100-percent carbon free by 2050. The Minneapolis-based company that serves eight states has been a leader in the quest to increase the use of renewable energy sources, said Ben Fowke, […]

December 5, 2018 Read More →

IEEFA India: Removing the roadblocks to accelerate renewable energy deployment

Solar and wind projects can be scaled up quickly and financing is available

India is transforming its national electricity system by incorporating deflationary renewables. In doing so, it is improving energy security, reducing reliance on imported fossil fuels, addressing air pollution, and lowering emissions intensity. The timing of this transformation is spot on. India’s economy is set to double by 2030. Even with improved energy efficiency and lower […]

and December 4, 2018 Read More →

On the blogs: Big hurdles still face Adani’s slimmed-down Australian coal project

The Conversation: Indian mining multinational Adani has announced that it will self-fund a significantly smaller coal mine in the Galilee Basin, after failing to secure finance from more than 30 domestic and international banks and lenders. The scaling down of the project has been extensive. Adani Mining chief executive Lucas Dow said the mine will […]

December 4, 2018 Read More →

IEEFA Puerto Rico: Backroom natural gas deals threaten to displace public renewable energy plans

What’s real: legislative initiatives or private contracting?

Can Puerto Rico’s recent legislative progress on renewable energy withstand an onslaught of special interests supporting economically unsupportable, fiscally damaging and environmentally destructive natural gas proposals? A fragile consensus has emerged from the recent Puerto Rico legislative session and a parallel energy planning process being carried out by the Puerto Rico Electric Power Authority (PREPA), […]

December 3, 2018 Read More →