Geography

More News and Commentary

IEEFA Research Brief: Coal in Decline, Blow by Blow

IEEFA Research Brief: Coal in Decline, Blow by Blow

Plant Closings and the Likely Effects on Specific Companies and Mines

We’ve published a research brief today that presents an expansive snapshot of a moving target: the decline in U.S. coal-fired generation nationally. As global energy markets continue to undergo rapid transformation, change has swept the U.S. as well. Our brief—“U.S. Coal Phase-out, Blow by Blow: Plant Closings and the Likely Corresponding Effect on Specific Companies […]

Read More →

Editorial: Kentuckians Want Change

Lexington Herald Leader: Plenty of Kentuckians want to diversify the state’s energy mix to save money and create jobs. The latest example comes from Kentuckians for the Commonwealth which which has more than 11,000 members and decided that since our elected officials were not planning for the coming energy revolution, they would. With the help […]

Read More →

Saudis Announce $50 Billion Shift to Renewables

Bloomberg News: Saudi Arabia will develop 30 solar and wind projects over the next 10 years as part of the kingdom’s $50 billion program to boost power generation and cut its oil consumption. The world’s biggest exporter of crude oil will produce 10 percent of its power from renewables by 2023, Energy Minister Khalid Al-Falih […]

Read More →

Citing Market Forces, New Mexico’s Power Company Announces Plan to ‘Get Entirely Out of Coal’

Albuquerque Journal: Public Service Company of New Mexico is proposing to shed all of its coal-fired electricity in the next 14 years and replace it with solar, wind, natural gas and nuclear power. The company’s latest integrated resource plan – which looks out over 20 years to determine the cheapest, most reliable and environmentally friendly […]

Read More →

IEEFA Update: Exxon Sends Investors Down a Russian Rabbit Hole

Well-Timed Ploy to Divert Attention From Balance-Sheet Rot Eating Away at World’s Biggest Oil Company; Public Relations Plum for Putin; Another Blow to Shareholders

News comes today that ExxonMobil is applying for a U.S. government waiver on sanctions against the Kremlin that are keeping the company from developing new oil reserves in Russia. The sanctions in question, imposed in response to Russia’s annexation of Crimea in 2014, specifically forbid U.S. corporate deals with Rosneft and specifically named the head of the […]

Read More →

The Midwest Wind Boom (Iowa, Kansas, North and South Dakota, Oklahoma)

Midwest Energy News: Wind power represents more than 80 percent of the new electricity generating capacity built in the Midwest and Great Plains states over the past five years as the industry continues to grow, according to a report released today. The American Wind Energy Association’s annual 2016 report notes that two states in the […]

Read More →

Duke Energy CEO: Presidents Come, Presidents Go (‘the Only Person Running Duke Energy for 2025, 2030 and 2035 is Duke Energy’)

Charlotte Business Journal: Duke Energy CEO Lynn Good says despite talk of “reviving the coal industry” in the Trump administration, coal remains economically and environmentally challenged — and Duke won’t change its move away from the fuel. “We have to look through the changes of administration, the changes in politics and set our vision on […]

Read More →

Former Kentucky Mine Will Become a Solar Farm

Louisville Courier-Journal: An Eastern Kentucky coal mining company on Tuesday announced its plans to build what could become the state’s largest solar farm on a reclaimed mountaintop strip mine, promising jobs for displaced coal miners and energy production. The Berkeley Energy Group and EDF Renewable Energy are working to explore what they’re billing as the […]

Read More →

A Coal-Plant Town in Transition

E&E News: When his local coal-fired power plant shut down last year, it left Joseph Emminger with a $6 million problem. The Huntley Generating Station was the biggest taxpayer of the town of Tonawanda, N.Y. Emminger, the town supervisor, saw that its shutdown would leave Tonawanda, the local school district and the county with a […]

Read More →

IEEFA Europe: Offshore Wind Costs Maintain Falling Trend

Competitive Auctions Are Causing Developers to Drop Their Expectations for Government Subsidies

Europe achieved its lowest-ever bid for an offshore wind power project last week in a German auction in the North and Baltic Seas, an event that backs up a recent trend of cost reductions. Germany’s first so-called “reverse auction” for offshore wind shifts away from a feed-in tariff schemes in an approach intended to drive […]

Read More →