California

IEEFA Research

IEEFA Report: ‘Here and Now’ — Nine Electricity Markets Leading the Transition to Wind and Solar

California, Denmark, Germany, Ireland, South Australia, Spain, Tamil Nadu, Texas, and Uruguay; Breakneck Speed Is Overtaking Academic Discussion; Renewables Are Providing Security of Supply

Feb. 14, 2018 (IEEFA) — New research by the Institute for Energy Economics and Financial Analysis details how nine major power markets around the world have achieved an outsize share of wind and solar generation while assuring security of supply and are providing compelling examples of the fast-moving evolution of electricity generation. The report, “Power-Industry […]

February 15, 2018 Read More →

IEEFA Analysis: If Utah Commits to Proposed $53 Million Oakland Port Subsidy, It’s Buying a Pig in a Poke

Could There Be a Worse Time to Invest in Deteriorating Coal Markets?

A bill being seriously considered by the Utah State Legislature this week seeks in essence to finance a backdoor subsidy for a coal export terminal in California whose construction could well leave Utah taxpayers on the hook for a highly questionable and highly speculative $53 million out-of-state subsidy. The proposed law, which exists now as SB0246, is […]

March 8, 2016 Read More →
Oakland’s Proposed Coal-Export Expansion Is Fraught With Risk

Oakland’s Proposed Coal-Export Expansion Is Fraught With Risk

Red Flags in a Global Downturn, a Struggling Coal Producer and a State Guarantee

We’re presenting testimony to the Oakland City Council today that questions the wisdom of a proposal to expand the Port of Oakland’s coal-export capacity at the Oakland Army Base Redevelopment project. The deal being considered raises several red flags. First, the developer is taking a major financial risk by relying so much on coal in […]

September 21, 2015 Read More →

More News and Commentary

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 →

California’s 2020 rooftop solar mandate gets final approval

Greentech Media: It’s official. All new homes in California must incorporate solar power starting in 2020. The California Energy Commission (CEC) passed the measure in May as an update to the state’s 2019 Title 24, Part 6, Building Energy Efficiency Standards. On Wednesday, the California Building Standards Commission (CBSC) signed off on the plan— a […]

December 6, 2018 Read More →

Power markets in U.S. Northeast, Texas, and North Carolina begin to follow California trend toward more renewables, less natural gas

Green Tech Media: California has been a haven for solar developers for years. Beginning in 2006, the gigawatts’ worth of solar in its yearly queue of requests rivaled the state’s gas capacity. Wind hasn’t been far behind. And four years ago, energy storage additions began to creep in. According to Prajit Ghosh, head of global […]

November 14, 2018 Read More →

Oakland terminates lease at planned coal export facility

The Mercury News: In a major setback to a years-long effort to reinvent the former Oakland Army Base, the city has terminated its lease with developer Phil Tagami, effectively putting an end to his controversial plan to build a marine terminal and export coal, according to letters sent last month by city attorneys. City officials […]

November 13, 2018 Read More →

California regulators approve utility plans to replace natural gas with battery storage

Bloomberg: PG&E Corp. plans to replace three natural gas-fired power plants in California with battery-storage systems as the state continues its push to squeeze fossil fuels out of the electricity mix. The California Public Utilities Commission approved Thursday four PG&E energy-storage contracts to support Northern California’s electric grid, including a project by Tesla Inc. The […]

November 9, 2018 Read More →

BNEF forecasts huge increase in power storage investment through 2040

Bloomberg: The battery boom is coming to China, California and basically everywhere else—and it will be even bigger than previously thought. The global energy-storage market will surge to a cumulative 942 gigawatts by 2040, according to a new forecast from Bloomberg NEF published Tuesday, and that growth will necessitate $1.2 trillion in investment. Sharply falling battery […]

November 7, 2018 Read More →

Canadian Solar subsidiary signs major California PV-plus-storage deal

Solar Industry: Recurrent Energy LLC, a subsidiary of Canadian Solar, has signed two 15-year power purchase agreements (PPAs) in California with Silicon Valley Clean Energy and Monterey Bay Community Power for a 150 MW AC solar power system with 180 MWh of battery storage. According to Canadian Solar, this joint procurement represents the largest contracted […]

October 31, 2018 Read More →

California carbon reduction goals are good news for storage industry

S&P Global Market Intelligence ($): For California to completely decarbonize its power system by 2045, as prescribed in the landmark bill recently passed by the state legislature, much more than Gov. Jerry Brown’s signature will be required. Among the prerequisites is a massively expanded energy storage industry, placing energy storage among the bill’s biggest potential […]

September 10, 2018 Read More →

California moves forward with fossil fuel-free power sector

Associated Press: California would accelerate its efforts to generate most of the state’s energy from carbon-free sources and set a goal of phasing out fossil fuels entirely by 2045 under legislation approved Tuesday by the Assembly. The bill would require California utilities to get half their energy from wind, solar and other specific renewable sources […]

August 29, 2018 Read More →

Legislation aims to develop Southern California geothermal resources and pumped-storage hydro plants

Palm Springs Desert Sun: California could dramatically reshape its energy future in the next few weeks. Two bills are of particular interest to the desert. One of them, from Assembly member Eduardo Garcia, would require utilities to purchase thousands of megawatts of geothermal power, potentially jump-starting development of geothermal power plants at the southern end […]

August 10, 2018 Read More →