Commentary

IEEFA Update: Are Investors in Asian Coal Starting to Think Twice?

IEEFA Update: Are Investors in Asian Coal Starting to Think Twice?

Signs That Risk Perceptions May Be Shifting as Markets Evolve

Human nature is to juggle contradiction and remain hopeful in the face of adversity. But investors are supposed to be hard-eyed cynics. What, then, to make of financial professionals smart enough to pose shrewd questions about the impact of climate change on the coal industry but willing to settle for illogically incomplete answers? This is […]

October 20, 2017 Read More →

IEEFA Update: Where Puerto Rico Goes From Here

Modernize With Microgrids and Renewables or Rebuild the Status Quo? (Webinar: Tuesday, Oct. 24, 11 a.m. ET)

The future of Puerto Rico’s electricity system is on the line now as planners, policymakers, special interests, and politicians negotiate how the U.S. commonwealth will rebuild its shattered electricity grid. Long-running research by our organization  has documented how the Puerto Rico Electric Authority (PREPA) has been historically and chronically mismanaged and how it has been […]

October 18, 2017 Read More →

IEEFA Asia: As India Moves, Europe Follows

Low-Carbon Technology Is Where the Smart Money Is Going

As world energy markets transform at an unprecedented rate, India is at the forefront of the shift toward a profitable renewables industry, especially given how the country’s solar belt has the potential to supply 749 gigawatts (GW) of power generation. As shown in a report we published earlier this month, accelerating this trend will allow […]

October 17, 2017 Read More →
IEEFA Brief: U.K. Government at Risk in Over-Budget Nuclear Project That Stands Incomplete

IEEFA Brief: U.K. Government at Risk in Over-Budget Nuclear Project That Stands Incomplete

A Sensible ‘Plan B’ for Hinkley Point C Project in Somerset Would Avoid Extending Public Loan Guarantees

Oct. 16, 2017 (IEEFA.org) — A research brief published today by the Institute for Energy Economics and Financial Analysis cautions the U.K. government against investing further in an unfinished nuclear project on the Bristol Channel in southwest England. The brief — “A Half-Built, High-Priced Nuclear White Elephant: How Should the U.K. Proceed With This Troubled […]

October 16, 2017 Read More →

IEEFA Update: Coal Is Dying, and EPA’s Clean Power Plan Reversal Can’t Save It

Energy Policy From Washington Drifts Toward Irrelevance

By turning the clock back on American energy policy through reversal of the Clean Power Plan, EPA Administrator Scott Pruitt — if he succeeds — will end up making electricity for everyday Americans more expensive. And as power bills rise so will the coal industry’s harmful impacts public health and the environment. I say “if […]

October 13, 2017 Read More →

IEEFA Update: Accountability for Puerto Rico’s Energy Must Be Baked Into FEMA Legislation

A Regressive Grid Rebuild That Will Only Cripple the Economy in the Long Term

As Congress contemplates how to craft emergency FEMA spending legislation for the U.S. commonwealth of Puerto Rico, it must do so with an appreciation for the rare opportunity the moment presents. Puerto Rico’s electricity system, still in tatters 22 days after Hurricane Maria and with no set date for recovery, can be brought into the […]

October 13, 2017 Read More →
IEEFA Update: Fallout for Peabody’s Wyoming Coal Holdings From Shutdown of Plant in Texas
and

IEEFA Update: Fallout for Peabody’s Wyoming Coal Holdings From Shutdown of Plant in Texas

The Loss of a Key Customer Challenges a Major Mining Company’s Bankruptcy Recovery

[Second of two parts] Luminant’s announcement that it will soon retire the Monticello Plant in Titus County, Texas, improves its bottom line by eliminating a liability from the company’s balance sheet. For Peabody Energy, which supplies that plant with Powder River Basin coal, the shutdown is not such good news. The Monticello plant gets its […]

and October 12, 2017 Read More →

IEEFA Report: Philippine Banking Sector at Risk in Ill-Advised US$21 Billion Expansion of Coal Fleet

Lagging Rising Trends Driven by Global Electricity-Generation Transition

October 12, 2017 (IEEFA) – The Philippines’ banking sector is dangerously exposed to a proposed new fleet of coal plants that are likely to become stranded assets if they are built, a report co-published today by the Institute for Energy Economics and Financial Analysis (IEEFA) concludes. The plants would add more than 10,000 megawatts of […]

October 12, 2017 Read More →
IEEFA Texas: Latest U.S. Coal Plant Shutdown Stems From a Saga in Which Investors Failed to See Change Coming
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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 Update: Australia’s National Natural-Gas Scandal

An Oligopoly Profiting at the Expense of Businesses, Households, and Industry

The alleged gas “crisis” in Australia is patently not about supply. It is about systematic abuse by a handful of gas oligarchs to reap giant profits and rig prices. The creation of such a “crisis” is as politically convenient for politicians as it is economically and financially advantageous for the handful of companies running this […]

October 11, 2017 Read More →