New York

IEEFA Research

Opportunity Knocks With Closing of Coal-Fired Power Plant in Upstate New York

Opportunity Knocks With Closing of Coal-Fired Power Plant in Upstate New York

Potential Makeover of Tonawanda's Economy May Serve as a National Model

When we published our report about the fading financial viability of the aging Huntley Generation Station in early 2014, the facts showed the facility was all but destined to close. It had marginal usefulness for the region it was built to serve, and the financial drain it placed on NRG, the owner, would be borne […]

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Losing Proposition – Why the Proposal to Repower the Cayuga Plant Should Be Rejected

Losing Proposition – Why the Proposal to Repower the Cayuga Plant Should Be Rejected

Losing Proposition – Why the Proposal to Repower the Cayuga Plant Should Be Rejected 

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Report: FirstEnergy Seeks a Subsidized Turnaround

Report: FirstEnergy Seeks a Subsidized Turnaround

FirstEnergy: A Major Utility Seeks a Subsidized Turnaround (pdf) By Tom Sanzillo, Director of Finance and Cathy Kunkel, Fellow Institute for Energy Economics and Financial Analysis

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Report- Huntley Generating Station: Coal Plant’s Weak Financial Outlook Calls For Corporate And Community Leadership

Report- Huntley Generating Station: Coal Plant’s Weak Financial Outlook Calls For Corporate And Community Leadership

Huntley Generating Station: Coal Plant’s Weak Financial Outlook Calls For Corporate And Community Leadership (pdf)      

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More News and Commentary

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 […]

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A Record Quarter for Wind-Generation Expansion in the U.S.

Ashleigh Cotting for SNL: Wind saw its best fourth quarter since 2012, with 6,071 MW brought online, bringing the total for capacity installations during 2016 to 8,029 MW. A total of 1,089 MW of planned wind capacity was announced during the fourth quarter. The largest announced project was the Rockaway Peninsula Offshore Wind Project. The […]

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On the Blogs: Call for NYC Pension Funds Divestment

From CommonDreams.org: Over 100 New Yorkers rallied at Comptroller Scott Stringer’s office, delivering a divestment valentine with thousands of petition signatures urging the City’s pension funds to divest coal, oil and gas holdings. Mayor De Blasio expressed public support for a Seattle-like divestment of the City’s pension funds, cutting ties with the banks financing the […]

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NYC Pension Funds to Assess Climate Risk to $171 Billion Portfolio

Hilary Russ for Reuters: New York City’s $170.6 billion pension system will analyze its carbon footprint for the first time amid concerns of potential investment risks from companies that fail to adapt to climate change, its custodian said in a statement on Thursday. Trustees for the five funds that make up the system selected Mercer […]

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New York Pushes for Offshore Wind Project to Supply 1.25 Million Households

From SNL: “Stunning” is how one renewable energy group described a decision by the state of New York to build the nation’s largest offshore wind farm. Kit Kennedy, the director of energy and transportation initiatives at the Natural Resources Defense Council, said New York was setting the bar high with its wind energy commitments to […]

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Cuomo: New York Will Find Ways to Replace Power from Indian Point Nuclear Plant

David Klepper for the Associated Press: New York will be able to make up for lost electricity generation after the aging Indian Point nuclear power plant shuts down in 2021, Gov. Andrew Cuomo said Monday, announcing a deal between state officials and plant-owner Entergy Corp. that will close the facility by 2021. Sitting along the […]

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On the Blogs: State-by-State Clean-Energy Groundswell in 2016

Jessica Collingsworth for the Union of Concerned Scientists: Looking back at the last year I see a lot of clear signs that the clean energy transition is moving forward in the US.  Here are eight states that really stepped up to become climate leaders: California In August, the California legislature passed remarkable climate change legislation. […]

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How a Post-Coal Transition Model in Upstate New York Might Work in Montana

Ed Kemmick for KTVQ Billings: Compared with the coal-fired power plant in Colstrip, the Huntley Generating Station in Tonawanda, N.Y., was not all that large. At its height, when all six units of the Huntley plant were operating, the power station could generate up to 598 megawatts of electricity – compared to a capacity of […]

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Research Note: How Difficult Would It Be to Turn Back the EPA’s Clean Power Plan?

From UBS: CPP can be changed under Trump, but lots of hoops to jump through We held our latest conference call with Tom Lorenzen of Crowell & Morning to analyze what could happen to the Clean Power Plan putting a deeper context on the back of the latest election results. Mr. Lorenzen has over a […]

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New York Town’s Post-Coal Transition Seen as Model for Colstrip, Montana

Eric Tegethoff for Public News Service Montana: Although the fate of the Environmental Protection Agency’s Clean Power Plan is up in the air now that Donald Trump has been elected president, at least part of Colstrip’s coal-fired power plant is still likely to close by 2022. Peter DeJesus, field coordinator for Western New York Area […]

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