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

IEEFA update: RWE, Uniper risk prolonging Dutch coal mistakes via compensation strategy

IEEFA update: RWE, Uniper risk prolonging Dutch coal mistakes via compensation strategy

Taxpayers and shareholders need to push back on accumulating costs

LONDON – The owners of three new Dutch coal power plants in the Netherlands are nursing around €4 billion in losses, as a result of market headwinds and a mandated coal phaseout, but only one, Engie, has decided to exit coal power in the country, as the remaining two, RWE and Uniper, hold out for […]

March 22, 2019 Read More →

Dutch to close Amsterdam coal plant in 2020, four years early

Reuters: The Dutch government will close one of the five coal-fired power plants in the Netherlands next year, four years earlier than originally planned, to help reach its climate goals, Dutch broadcaster RTL reported on Thursday. The decision follows a 2018 court order instructing the government to ensure greenhouse gas emissions are reduced from 1990 […]

March 8, 2019 Read More →

IEEFA Germany: RWE’s coal phaseout compensation demands defy market prices

Regulators need to protect local ratepayers and communities

If market price is the benchmark for compensating the early closure of coal assets, then recent deals indicate that Germany’s coal and lignite power plants and mines have very low value, and make a mockery of compensation claims by Germany’s biggest utility, RWE, under the country’s pending coal phaseout plan. RWE says it wants to […]

February 21, 2019 Read More →

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 →