IEEFA Research

IEEFA Report: European Coal Sector Woes Deepen With New Air Quality Mandate; One-Third of Existing Capacity Must Retrofit or Close

IEEFA Report: European Coal Sector Woes Deepen With New Air Quality Mandate; One-Third of Existing Capacity Must Retrofit or Close

More Headwinds for Major Utilities; New Limits Affect 108 Plants; Implications for Investors, With Gas and Renewables Emerging as Preferred Power-Generation Fuels

May 8, 2017 ( — More than 100 separate power plants—representing one-third of Europe’s large-scale coal-fired power plant capacity—face costly air quality upgrades or closure as a result of new European Union emissions limits, according to an analysis published today by the Institute for Energy Economics and Financial Analysis (IEEFA). “These regulations will further undermine and […]

IEEFA Europe: Can Coal Power Hang On?

IEEFA Europe: Can Coal Power Hang On?

Investors May Not Be Eager to Absorb More Losses Like Those Seen in Recent Dutch Build-Outs

Investment in new coal-fired power plants appears off the agenda in Western Europe. Witness the astonishing write-down of brand-new assets in the Netherlands, where European utility giants RWE, Uniper, and Engie have drastically reduced their valuations of plants barely a year old (read the report we published this morning, “The Dutch Coal Mistake,” which concludes […]

November 30, 2016 Read More →

More News and Commentary

Netherlands To Ban Coal Generation

Reuters: AMSTERDAM—The Netherlands will ban the use of coal in electricity generation in the coming decade and shut down two of its five coal-fired plants at the end of 2024 unless they switch fuels. The law announced by economy minister Eric Wiebes on Friday applies to plants built in the 1990s, while newer ones will […]

May 21, 2018 Read More →

Is Subsidy-Free Offshore Wind Power the Next Big Thing?

Financial Times: Europe’s renewable energy industry is used to breaking records for generating more power from low carbon sources. Yet two recent milestones stand out. Vattenfall, the Swedish energy group, and Norway’s Statoil were among the companies that took the market by surprise before Christmas when they bid in the world’s first exclusively subsidy-free offshore […]

January 3, 2018 Read More →

It’s Not all Bicycles and Windmills: Only 6 Percent of Holland’s Power is Renewable

NPR, All Things Considered: The Netherlands has a reputation for being clean and green but this progressive country is a huge polluter in Europe. It remains largely dependent on fossil fuels including coal. Transcript: KELLY MCEVERS, HOST: The image of the Netherlands, filled with bicycles and windmills, would suggest a country powered by sustainable energy. […]

January 2, 2018 Read More →

IEEFA Spain: The High Cost of Political Interference in Power Markets

Ill-Advised Government Policy Aimed at Retarding Transition

The Spanish government’s move this week to block closures of inefficient power plants presents the latest example of a trend toward expensive political interference in electricity markets. Elsewhere in Europe, similar intervention can be seen in the shape of “capacity payments” that prop up gas, coal and nuclear power, as well as more recently in […]

November 16, 2017 Read More →

On the Blogs: Canada, U.K., and Netherlands in Pact to Phase Out Coal

International Institute for Sustainable Development: One indication that the global transition towards low-carbon forms of energy is picking up speed is the decline in demand for coal, as renewable energy sources are becoming increasingly attractive for building new generation capacity and countries are making efforts to decommission existing coal-fired power plants. The governments of Canada, […]

November 2, 2017 Read More →

On the Blogs: ‘Teenage’ Coal Plants Are Being Retired Too

Coal Wire: Whether in Italy, the US or the Netherlands, the trend to the retirement of teenaged coal plants — or even younger in the case of one of Luminant’s Sandow units — is something new. In the space of a month, three separate announcements have slated 6600 MW of young coal plants to be […]

November 2, 2017 Read More →

Canada, Netherlands, U.K. Join List of Countries Turning Against Coal

Power Magazine: The Netherlands, a country that recently commissioned three state-of-the-art coal plants and has been reluctant to close them, on October 10 moved to phase out coal power by 2030. Meanwhile, the U.K. and Canada this week jointly urged other nations to drop coal from their power profiles. The countries are part of a […]

October 12, 2017 Read More →

IEEFA Update: Netherlands, in New Program to Close All Coal-Fired Generation by 2030, Sends European Energy Markets a Sharp Signal

Phase-out Plans Combined With the Rise of Renewables and the Impact of Improved Efficiency Put Old Electricity-Production Models at Risk

In announcing plans to shut all coal-fired power plants by 2030,  the new government of the Netherlands sent a dramatic signal to electricity markets today that no investment in coal-fired power in Europe is safe. The Dutch statement is especially significant given that the Netherlands itself has only recently commissioned three of Europe’s newest coal-fired […]

October 10, 2017 Read More →
IEEFA Europe: Technology Gains Help Drive a Rush From Capital Markets Into Offshore Wind

IEEFA Europe: Technology Gains Help Drive a Rush From Capital Markets Into Offshore Wind

U.K. Auction Confirms New, Lower Pricing Trends in World’s Biggest Markets

The U.K.’s latest auction of power purchase agreements for offshore-wind generation confirms an aggressive trend toward cost reductions across the industry and signals the arrival of a mature, bankable new segment of the energy sector. The lowest successful bids in  auction results announced on Monday, €63 (US$83) megawatt hour (MWh), were 50 percent less than […]

September 14, 2017 Read More →

Dutch Utility Changes the Game by Showing Customers How to Buy Less Power

New York Times: When Eneco, a major Dutch utility, tested a promising energy monitor in several dozen homes, things could not have gone much worse. The company making the devices failed to deliver enough of them, and some of those provided did not work. But when Eneco sent workers to recover the monitors, something strange […]

August 21, 2017 Read More →