Geography

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IEEFA Latin America: Uruguay nears world-leading market share for variable renewables

Rivaling Denmark by tapping wind, solar and hydro for 43% of national electricity generation

LONDON—Uruguay is closing in on the world leader in wind and solar power by market share, Denmark, showing how the right grid conditions can help renewables sweep aside fossil fuel-fired electricity generation. We published a report less than a year ago noting that Uruguay was probably the world’s fastest growing variable renewables market, with wind […]

November 14, 2018 Read More →

IEEFA Australia: The most capital-efficient solution to drive the energy transformation is a global price on carbon

Woodside Energy’s CEO Peter Coleman calls for a global carbon price

Australia’s largest listed energy company, Woodside Energy Ltd has called for a price on carbon and national energy consensus to meet global Paris commitments and as a pre-requisite to sustainable economic growth for Australia. Woodside’s call is a timely reminder that people and communities cannot afford to wait for governments to act. Business communities needs […]

November 14, 2018 Read More →

After exec bonuses and cuts to worker benefits, U.S. coal miner Cloud Peak weighs sale

Wyoming Public Radio: Cloud Peak Energy, one of the largest coal producers in the country with two mines in Wyoming, announced today it will review strategic alternatives which include a potential sale of the company. The announcement comes after company stock shares hit a 52-week low today at $1.32. That’s nearly half of its value […]

November 14, 2018 Read More →

A shift in Puerto Rico to natural gas would hinder renewable-energy potential

PV Magazine: The Puerto Rico utility’s favored generation plan, in a report prepared by Siemens, involves an LNG terminal at San Juan and would achieve only 55% renewables by 2038. A scenario without LNG would reach 79% renewables by 2038 at comparable cost, based on undisclosed cost assumptions. A scenario in which renewables would contribute […]

November 14, 2018 Read More →

U.K. company’s Africa expansion will bundle solar power with internet service

Bloomberg New Energy Finance: Providing internet to off-grid solar customers in Africa is the next logical step for BBOXX Ltd. in becoming a “next-generation utility,” according to Mansoor Hamayun, chief executive and co-founder of the U.K.-based company, which is backed by Engie SA and venture capital investors. Hamayun told BloombergNEF in an interview that BBOXX […]

November 14, 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 →

Texas sets another wind power record

S&P Global Market Intelligence ($): The Electric Reliability Council of Texas set a new wind output record of 17,920 MW on Monday afternoon as a cold front was moving into the area with windy conditions. The new output wind record was set at 3:32 pm CST Monday and surpassed the previous record of 17,542 MW […]

November 14, 2018 Read More →

IEEFA U.S.: Why are Virginia energy coop customers paying as much as 50% over market?

45-year supply contract is not publicly available and has no transparency

Customers of a rural electric cooperative in northern Virginia are locked into paying 23% to 50% above-market rates for power under a forty-five year contract, even though the supplier to the coop buys the majority of its power at market rates. That’s the main conclusion of an IEEFA briefing note released earlier this month on […]

November 13, 2018 Read More →

IEEFA Australasia: New global energy report headlines decline of coal as cheaper renewable technologies gain preference

International Energy Agency releases annual World Energy Outlook 2018 Report today

Nov. 13, 2018, SYDNEY (IEEFA): Thermal coal is fated for long-term structural decline and energy-related carbon dioxide emissions are increasing despite the Paris targets: those are the key take-outs in the International Energy Agency’s World Energy Outlook (WEO) 2018 report released today, which also finds wind and solar are now two of the top three […]

November 13, 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 →