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IEEFA U.K.: An Official Acknowledgement That Renewables and Better Cross-Border Interconnection Can Replace Coal-Fired Generation

IEEFA U.K.: An Official Acknowledgement That Renewables and Better Cross-Border Interconnection Can Replace Coal-Fired Generation

Latest Government Projections Undermine the Case for a Flagship Capacity Market That Subsidizes Conventional Generation

The U.K. government’s latest energy projections, out last week, show a grid dominated by renewables and electricity imports by 2025, exceeding the conventional generation presently supported by the country’s ratepayer-subsidized capacity market. This news comes on the heels of a report we published earlier this month on how interconnection with neighboring countries and renewable energy […]

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Illinois Is the Latest State to Acknowledge Electricity-Sector Transition

Utility Dive: It’s no longer just a few states undertaking so-called “utility of the future” proceedings. Ohio, Minnesota, New Hampshire, Maryland and now Illinois have all launched some form of these dockets. The ICC, in a statement announcing the NextGrid proceeding, said “many experts believe that the electric utility industry will evolve more in the […]

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Last Coal-Fired Plant in Beijing Closes

AFP: The last large coal-fired power plant in Beijing has suspended operations, with the city’s electricity now generated by natural gas, the state news agency reported as smog enveloped the Chinese capital this weekend. The shuttering of the Huangneng Beijing Thermal Power Plant comes on the heels of China’s annual legislative sessions, where Premier Li […]

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Wisconsin City Aims for 100% Renewables

Midwest Energy News: Madison, Wisconsin committed to getting 100 percent of its energy from clean, renewable sources in a resolution passed unanimously by the City Council on Tuesday. It became the 24th city to make such a promise, according to a tally by the Sierra Club, which has a “Ready for 100” nationwide campaign. Madison’s […]

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On the Blogs: Risk-Management Innovation in Financing Behind Kansas Wind Farm

Smart Energy Decisions: The innovative financial structure utilized in Microsoft’s recent purchase of wind energy from the 178-MW Bloom Wind project in Kansas was recently named North American Wind Deal of the Year by infrastructure and project finance magazine IJGlobal. The structure was developed in partnership with the project owner — Alberta-based power producer Capital […]

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Painful Transition in New Mexico

The Santa Fe New Mexican: For decades, three coal-fired power plants have formed an imposing presence on the landscape from Page, Ariz., to Farmington, N.M., providing electricity to hundreds of thousands of homes but releasing millions of tons of pollutants from their towering smokestacks. But one of the plants has been partially shut down, and […]

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West Virginia Lawmaker Backs Off Campaign to Eliminate Mine-Safety Inspections

Charleston (W.V.) Gazette: A bill that would eliminate almost all coal-mine safety enforcement by West Virginia inspectors has been pulled and alternative legislation — billed as a compromise between industry and labor — will be made public later this week, the chairman of the Senate Committee on Energy, Industry and Mining said Tuesday. Sen. Randy […]

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On the Blogs: Ohio’s Wind Blunder

ThinkProgress.org: House Bill 483, which became law in October 2014, more than doubled the minimum distance between wind turbines and property lines. Legislators said they changed the requirement to protect property rights and improve public safety, but it had the effect of closing off much of the state to wind power. Revenue from the Long […]

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IEEFA Puerto Rico: The PREPA Restructuring Plan Before Congress Is Not Realistic and Does Not Hold All Players Accountable

IEEFA Puerto Rico: The PREPA Restructuring Plan Before Congress Is Not Realistic and Does Not Hold All Players Accountable

Bondholders and Dealmakers Are Not Stepping Up; Citizen Ratepayers and Taxpayers Are Left Holding the Bag Under Proposal Before Congress

Puerto Rico’s electricity-system imbroglio is in the public eye today in Washington, where a house subcommittee is holding a public hearing on a plan to restructure the Puerto Rico Electric Power Authority’s staggering $9.5 billion debt. We’ve written a letter to the subcommittee chairman, Rep. Doug LaMalfa, detailing how the debt restructuring plan sells Puerto Rico […]

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IEEFA to Congressional Subcommittee on PREPA: Debt Restructuring Plan Before Congress Is Not Realistic and Does Not Hold All Players Accountable; Puerto Rico Left Open to More Financial Turmoil

Bondholders and Financiers Are Not Stepping Up; Citizen Ratepayers and Taxpayers Are Left Holding the Bag Under Current Proposal

March 22, 2017 (IEEFA) —The Institute for Energy Economics and Financial Analysis has written a letter to the chairman of a House subcommittee holding a public hearing today on a plan to restructure the Puerto Rico Electric Power Authority’s $9.5 billion debt. The letter, signed by IEEFA Director of Finance Tom Sanzillo, describes how the current proposal […]

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