Commentary

IEEFA Report: Philippines can lower electricity costs, improve energy security by developing its rooftop solar potential

Modernization will require fewer regulatory, administrative and financial hurdles; Investment opportunity in off-grid and island-grid demand; Policy changes ‘can help break the logjam’

Aug. 20, 2018, MANILA (IEEFA) — A report published today by the Institute for Energy Economics and Financial Analytics details how rooftop solar in the Philippines has the potential to lower the cost of power and improve national energy security. The report —  “Unlocking Rooftop Solar in the Philippines” —  notes that the Philippines has some […]

August 19, 2018 Read More →

IEEFA update: Vogtle nuclear reactor, a runaway project nobody needs

In announcing earlier this month that Southern Company was raising its subsidiary Georgia Power’s share of the already-too-expensive and long-delayed Vogtle nuclear project by $1.1 billion, CEO Tom Fanning increased the utility’s 45.7 percent stake in the plant to $8.4 billion. It seems a highly misguided move. While Fanning continued to defend the roughly 2,234 […]

August 17, 2018 Read More →
and

IEEFA op-ed: Plan to turn to imported natural gas will cost Puerto Rico dearly

More ratepayer-subsidized profits for companies well-represented in Congress

A series of announcements over the past couple of weeks by Puerto Rican officials signals a new—and misguided—push for greater reliance on imported natural gas for electricity production. If these plans come to fruition, they will saddle Puerto Rico with far too much expensive natural gas-generated power while crowding out cheaper renewable energy. The plan, […]

IEEFA op-ed: A superpower taking its energy policy global

China is investing in renewables in developed market while continuing to push its outdated coal technology in Asia and Africa

The story of China’s overseas renewables investment, reaching well beyond its formal Belt and Road Initiative, remains largely untold. As private and stated-owned Chinese companies move aggressively to capitalize on fast-growing renewable energy markets, China’s investment in foreign wind-powered electricity markets has recently surpassed $12 billion in Europe and Australia alone, as shown in a […]

August 17, 2018 Read More →

IEEFA update: China moves heavily into foreign wind markets

$12 billion invested in Australia and Europe alone; Reach goes well beyond formal Belt and Road Initiative; ‘This is a superpower taking its energy policy global’

Aug. 16, 2018 (IEEFA) — China’s investment in foreign wind-powered electricity markets has surpassed US$12 billion in Europe and Australia alone as private and stated-owned Chinese companies move aggressively to capitalize on fast-growing renewable energy markets, concludes a research brief published today by the Institute for Energy Economics and Financial Analysis (IEEFA). Most of the […]

August 16, 2018 Read More →

IEEFA report: Vast potential in India for solar-powered irrigation

Government initiatives seen as ‘steps in the right direction’; Deployment remains slow; A more robust program would help achieve 175-gigawatt renewable energy goal by 2022

Aug. 16, 2018 (IEEFA) — A research brief published today by the Institute for Energy Economics and Financial Analysis (IEEFA) describes how a switch from conventional irrigation-pump systems to solar-powered ones in India would save enormous sums of money and generate income for farmers nationwide. The brief—“India: Vast Potential in Solar-Powered Irrigation”—notes that while the […]

August 16, 2018 Read More →

IEEFA update: Southeast Asian fossil fuel risk is underpriced

Hazards from corruption, policy change, stranded assets, and ill-informed advisors

HONG KONG — We’ve just published a memo describing how July was an exceptionally telling month for Southeast Asia power-generation markets. Our memo argues that fossil fuel risk is underpriced in the region, and it makes four specific points along these lines. First, that there is too little transparency around certain deals in Indonesia. News in […]

August 8, 2018 Read More →

IEEFA op-ed: Gas oligopoly is gouging Australia

Regulators appear to be looking the other way

SYDNEY — When it comes to gas prices, the Australian Competition and Consumer Commission (ACCC) is acting like a criminal judging its own trial. It’s supposedly investigating the east coast gas market and put a report out about it last week. The trouble is there is no east coast gas market – the ACCC has […]

and

IEEFA update: U.S.-Canada trade tensions could scuttle Kinder Morgan sale of Trans Mountain Pipeline

Political hurdles remain on government’s buyout of faltering project

The fate of the unfinished Trans Mountain Pipeline in western Canada may be determined 3,000 miles away — in Washington. The stalled project, designed to link oil-sands fields in Alberta with West Coast ports, would become nationalized under the terms of a deal announced in June that would have the Canadian government buy the pipeline […]

IEEFA update: Duke Energy’s costly Edwardsport coal-gasification project continues to underperform

A multibillion-dollar hit to Indiana ratepayers

Duke Energy’s 5-year-old gasified coal power experiment in Edwardsport, Ind., has turned out to be a catastrophe for ratepayers. That’s the main conclusion of the testimony I submitted yesterday to the Indiana Utility Regulatory Commission on the plant, which was sold at the outset as a cost-effective integrated gasification combined cycle (IGCC) project that burns […]