Texas

IEEFA Research

IEEFA Update: How Will Westmoreland Coal’s Deepening Spiral End?

IEEFA Update: How Will Westmoreland Coal’s Deepening Spiral End?

Disappearing Market Capitalization and Unsustainable Debt

We’ve just published a research brief of interest to any person, community, business, or investor with ties to Westmoreland Coal Co. The brief—“Westmoreland Coal Is in Trouble”—lays out how the company, which produces coal for electricity generation, is hobbled by debt, is losing customers, has suffered a catastrophic drop in stock price, and appears to […]

February 16, 2018 Read More →

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 Texas: Latest U.S. Coal Plant Shutdown Stems From a Saga in Which Investors Failed to See Change Coming

IEEFA Texas: Latest U.S. Coal Plant Shutdown Stems From a Saga in Which Investors Failed to See Change Coming

Markets Rendered a Harsh Judgment on a Bad Private-Equity Deal, Cheap Natural Gas, and the Rise of Wind-Powered Electricity

[First of two parts.] Last week Luminant and its new parent company, Vistra, announced the imminent closure of the 1,800-megawatts Monticello Power Plant in North Texas, near the Arkansas and Oklahoma state lines. It’s been a long time coming. The plant has operated at a loss for years, having failed to compete with low natural […]

IEEFA Research Brief: Coal in Decline, Blow by Blow

IEEFA Research Brief: Coal in Decline, Blow by Blow

Plant Closings and the Likely Effects on Specific Companies and Mines

We’ve published a research brief today that presents an expansive snapshot of a moving target: the decline in U.S. coal-fired generation nationally. As global energy markets continue to undergo rapid transformation, change has swept the U.S. as well. Our brief—“U.S. Coal Phase-out, Blow by Blow: Plant Closings and the Likely Corresponding Effect on Specific Companies […]

April 21, 2017 Read More →
IEEFA Texas: The Beginning of the End for Coal-Fired Electricity Across One of the Biggest Power Markets in the U.S.

IEEFA Texas: The Beginning of the End for Coal-Fired Electricity Across One of the Biggest Power Markets in the U.S.

Report Finds Seven Plants Emblematic of a Fading Industry

We published a research report today describing how the coal-fired electricity industry in Texas is in decline and unlikely to recover in the face of rising competition from other energy sources. Our report—“The Beginning of the End: Fundamental Changes in Energy Markets Are Undermining the Financial Viability of Coal-Fired Power Plants in Texas”—looks specifically at […]

September 12, 2016 Read More →

As Texas Coal-Fired Power Plants Close, Powder River Basin Mines Are Losing Their Largest Customers

Trends Will Force Closures and Complicate Efforts by Alpha Natural Resources, Arch Coal and Peabody Energy to Work Their Way Out of Bankruptcy

CLEVELAND, Aug. 3, 2016 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis today published a report detailing how Powder River Basin coal producers are losing their largest customers as Texas power producers turn increasingly to other sources of energy. The report, “Texas’ Outsize Role in the Decline of the Powder River Basin Coal […]

August 2, 2016 Read More →
Report- Energy Future Holdings and Mining Reclamation Bonds in Texas

Report- Energy Future Holdings and Mining Reclamation Bonds in Texas

Energy Future Holdings and Mining Reclamation Bonds in Texas (pdf)

October 16, 2013 Read More →
Report- Why a Forward Capacity Market Won’t Solve Texas’ Resource Adequacy Problem: The Case of Energy Future Holdings

Report- Why a Forward Capacity Market Won’t Solve Texas’ Resource Adequacy Problem: The Case of Energy Future Holdings

Report: Why a Forward Capacity Market Won’t Solve Texas’ Resource Adequacy Problem: The Case of Energy Future Holdings (pdf).   link to full report

February 14, 2013 Read More →
Report- A Texas Electric Capacity Market: The Wrong Tool for a Real Problem

Report- A Texas Electric Capacity Market: The Wrong Tool for a Real Problem

A Texas Electric Capacity Market: The Wrong Tool for a Real Problem (pdf).

February 12, 2013 Read More →

More News and Commentary

IEEFA Update: Taxpayer Exposure to U.S. Coal Reclamation Costs Runs Deep

IEEFA Update: Taxpayer Exposure to U.S. Coal Reclamation Costs Runs Deep

Public Risk in Alaska, Colorado, Missouri, North Dakota, Texas, Virginia, West Virginia, and Wyoming

A report that came out last month from the nonpartisan Government Accountability Office recommends that Congress eliminate the risky system of self-bonding by coal-mining companies. But the report also raises concerns about the financial stability of surety-bond companies, a much more common form of reclamation bonding, as well as problems with underfunding for mine cleanup costs. […]

April 20, 2018 Read More →

Vistra CEO: Coal Is ‘On Its Way Out’

CNBC: Coal is becoming a less competitive energy source with cheaper options like natural gas and other renewables on the market, Vistra Energy CEO Curtis Morgan told CNBC on Monday. “I don’t believe [coal] is going to have a renaissance,” Morgan said in an exclusive “Mad Money” interview. “I think it’s on its way out. As much […]

April 17, 2018 Read More →

Data Update: Texas and Oklahoma Lead U.S. Wind Race

S&P Global Market Intelligence ($): During the last quarter of 2017, 3,799 MW of wind capacity came online in the U.S., mostly in two states. According to an S&P Global Market Intelligence analysis, another 75,250 MW of wind capacity in various stages of development are scheduled to be completed through 2023. Together, Texas and Oklahoma […]

March 23, 2018 Read More →

Xcel Gets State Nod to Build $1.6 Billion Wind Farm in Southwest U.S.

Associated Press: New Mexico regulators on Wednesday approved a $1.6 billion plan that calls for building two massive wind farms along the Texas-New Mexico border. The unanimous vote by the New Mexico Public Regulation Commission marks one of the key steps needed for Xcel Energy to move forward with its plans. Texas regulators are expected […]

March 22, 2018 Read More →

Editorial: Blowback on Texas City Utility’s Long-Term Commitment to Coal

San Antonio Express: CPS Energy (formerly City Public Service of San Antonio) has received fairly strong blowback for its so-called “flexible” energy plan. This is largely because the plan includes coal power through at least 2042. It also projects half of CPS Energy’s power will come from clean energy sources by 2040. Not only is […]

March 20, 2018 Read More →

U.S. Great Plains Grid Logs a 60 Percent Wind-Power Moment

The Oklahoman: The Southwest Power Pool, the regional transmission organization that manages the Great Plains’ electric grid, announced Friday it had set a wind-penetration record of 60.56 percent. During that minute, wind supplied 13,928.94 megawatts of the 22,998.71 megawatts needed to provide power to customers of all of the utilities and other power distributors that […]

March 19, 2018 Read More →
IEEFA Update: How Will Westmoreland Coal’s Deepening Spiral End?

IEEFA Update: How Will Westmoreland Coal’s Deepening Spiral End?

Disappearing Market Capitalization and Unsustainable Debt

We’ve just published a research brief of interest to any person, community, business, or investor with ties to Westmoreland Coal Co. The brief—“Westmoreland Coal Is in Trouble”—lays out how the company, which produces coal for electricity generation, is hobbled by debt, is losing customers, has suffered a catastrophic drop in stock price, and appears to […]

February 16, 2018 Read More →

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 →

Texas Continues to Lead in U.S. Wind-Energy Expansion

Houston Chronicle: Texas led the nation for greatest additions to the state’s wind power capacity in the fourth quarter, and the state still leads the nation for installed wind power capacity with three times more than any other state. The quarter saw 1,179 megawatts of wind power capacity added in Texas, followed by the second […]

January 31, 2018 Read More →

Texas Solar Boom Rolls On

Midland Reporter-Telegram: Unlike the oil industry and its cyclical swings, the sun is predictable: It rises in the morning, it sets at night, and you can expect it’ll do the same tomorrow, the day after that and onward. It’s in this area on the Edwards Plateau, known for its dry heat and cloudless skies, where […]

January 23, 2018 Read More →