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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: 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 →

New Solar Capacity a Major Threat To Texas Coal Generators

Bloomberg: A boom in solar power is threatening to wipe out $1.4 billion a year of summertime revenue for fossil-fuel generators in Texas. Almost 15 gigawatts of solar power may crop up in the Lone Star state in the coming years, and every gigawatt stands to shave about $2.76 a megawatt-hour from wholesale electricity prices […]

January 18, 2018 Read More →

Op-Ed: Coal Subsidies Harm Texas’ Economy

The Monitor: “Trump Digs Coal” became one of the most recognizable slogans of the 2016 U.S. presidential campaign, and candidate Donald Trump’s promises to scrap the controversial Clean Power Plan (CPP) and bring back coal jobs struck a chord in Midwestern mining states. The vision of an unfettered, resurgent U.S. coal industry resonated with working […]

January 9, 2018 Read More →

6 Major Plant Closures in 2017 Emblematic of U.S. Coal Industry’s Troubles

Forbes: We Energies is Wisconsin’s largest utility, with more than 2.2 million customers, and coal supplied 50.6% of its total generation capacity in 2015. This November, the utility decided to close its 1.2 GW Pleasant Prairie coal plant in early 2018, despite having only been in operation since 1985 and undergoing $325 million on pollution […]

December 20, 2017 Read More →

Texas Coal Plant at Risk of Shutdown Has Lost Half Its Appraised Value

Goliad (Texas) Advance Guard: The merger announcement Oct. 30 between Coleto Creek Power Plant owner Dynegy and the Vistra company has raised questions about the future of the plant. Fears that it might be sold, closed – or both – stem from Vistra’s history of closing its coal-powered power plants. Seventeen days before the two […]

December 4, 2017 Read More →

Transition Is Enveloping U.S. Electricity Sector

Wall Street Journal: The rapid rise of wind and natural gas as sources of electricity is roiling U.S. power markets, forcing more companies to close older generating plants. Wholesale electricity prices are falling near historic lows in parts of the country with competitive power markets, as demand for electricity remains stagnant while newer, less-expensive generating […]

November 30, 2017 Read More →

New 800-Mile Midwestern Power Line Expands U.S. Wind Market

Midwest Energy News: Finished in late September after more than a decade of planning and construction, the 800-mile-long CapX2020 transmission project has prompted more than 3,600 megawatts of clean energy project proposals, according to Xcel Energy. While not all the proposals are likely to be approved by regulators, the flood of applications represents the tangible […]

November 30, 2017 Read More →