Commentary

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IEEFA Update: U.S. Coal Loses; Consumers Win

FERC Decision Acknowledges Practicalities Transforming Energy Markets

The coal industry came away with nothing last week when the Federal Energy Regulatory Commission (FERC) unanimously rejected a Department of Energy proposal — pushed by the industry — to provide huge subsidies to coal-fired power plants in the United States. FERC protected the interests of consumers by standing in favor of market competition — […]

and January 19, 2018 Read More →
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IEEFA Update: Adani Stumbles Toward the Last-Chance Saloon

Denied by Its Erstwhile Enablers, an Indian Mining Giant in Australia Is Desperate for Help

The prospect in the New Year for Adani’s proposed Carmichael coal-mine proposal has taken a bleaker-than-ever bent. Following the Queensland government’s veto of the proposed A$1 billion government loan subsidy and after multiple Chinese banks ruled out funding the project, more nails have been driven into the project’s coffin. A month ago yesterday, Downer EDI, […]

IEEFA Update: In Ruling Against Another Bailout Scheme by FirstEnergy, FERC Strikes a Blow Worth Hundreds of Millions for Ratepayers

IEEFA Update: In Ruling Against Another Bailout Scheme by FirstEnergy, FERC Strikes a Blow Worth Hundreds of Millions for Ratepayers

More Bad News for an Out-of-Step Electricity Company Struggling to Stave Off Bankruptcy

By rejecting a bailout maneuver last week in West Virginia by Ohio-based FirstEnergy, the Federal Energy Regulatory Commission last week ended up protecting Mon Power and Potomac Edison customers from incurring hundreds of millions of dollars of unnecessary costs over the next 15 years. FirstEnergy’s scheme would have transferred the Pleasants Power Station, which is […]

January 16, 2018 Read More →
IEEFA Update: Two Clear and Opposing Directions Emerge for Puerto Rico
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IEEFA Update: Two Clear and Opposing Directions Emerge for Puerto Rico

Fight Around Renewable Energy Intensifies; Federal Oversight Board Joins Island's Governor in Ignoring Legal Requirements for Energy Commission Approval of New Projects

Sixteen weeks after Hurricane Maria knocked out power in Puerto Rico, and with 45 percent of the island still in the dark, the political battle lines over what direction the electricity system will take are sharpening. On the one hand, the Puerto Rico Energy Commission (which regulates the island’s electricity system) last week proposed rules […]

and January 11, 2018 Read More →

IEEFA Report: China in 2017 Continued to Position Itself for Global Clean Energy Dominance

As U.S. Steps Aside, Beijing's 'Belt and Road Initiative' Gains Traction

Jan. 9, 2018 (IEEFA.org) – China continued to be the world’s dominant force in the building and financing of clean energy technology globally in 2017, according to a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report,  “China 2017 Review: World’s Second-Biggest Economy Continues to Drive Global Trends in […]

January 9, 2018 Read More →

IEEFA Update: Markets Speak Louder Than Words — Federal Regulator Rejects U.S. Plan to Subsidize Coal and Nuclear Plants

Trump's Own Panel Says Grid is Operating Reliably as More Renewables and Natural Gas are Added

The Federal Energy Regulatory Commission’s (FERC) stunning decision yesterday to reject Department of Energy Secretary Rick Perry’s plan to subsidize operations of financially vulnerable coal plants shows just how powerfully energy markets in the United States are shifting. FERC said the evidence does not support Perry’s claim that retiring more coal and nuclear plants would […]

January 9, 2018 Read More →

IEEFA Op-Ed: In 2018, Expect Clean Energy to Be Cheap Energy

Changing Market Dynamics Will Affect Investors, Households, Businesses and Economies Around the World

The central fact that will drive the energy industry worldwide in 2018, profoundly affecting businesses, consumers and policymakers, is that “clean energy” is now “cheap energy.” Fossil fuel extraction is expensive. It is giving way to cheaper, more flexible technologies, primarily renewables like wind and solar, and electric vehicles. These shifts will change investment decisions, […]

January 9, 2018 Read More →
IEEFA Update: The Saudi Arabia of Solar? American Indian Country

IEEFA Update: The Saudi Arabia of Solar? American Indian Country

Energy Transition Openings Now in the Four-Corners Region of Arizona, Colorado, New Mexico, and Utah

The great swath of high plains that run from Texas to the Canadian border has been rightly nicknamed in recent years the Saudi Arabia of Wind. A drive through the region on any major interstate yields daytime vistas dappled with giant wind farms that stretch so far into the distance that they look like CGI […]

January 5, 2018 Read More →

IEEFA Op Ed: Cuomo Is Right on Fossil Fuel Divestment

Oil Stocks are Not the Reliable Performers They Used to Be; Divestment Would Improve Pension Fund Portfolios

Gov. Andrew Cuomo has taken a big, bold step in the fight against global warming, calling for the state pension fund to divest from oil and gas stocks. It’s also a fiscally prudent step, protecting both the state pension fund and the state budget. Retirees needing financial security, young people facing a chaotic climate, and […]

January 4, 2018 Read More →
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IEEFA Update: One More Strike Against Adani’s Plans in Australia—India’s Two Largest Import-Coal Plants are in Severe Financial Distress

As Price of Renewables Goes Down, the Case for Import Coal Becomes Less and Less Viable

New developments in both the political and energy scene in India are increasing the possibility that Adani would be unable to export coal to India if it builds its proposed Carmichael mine in Australia’s Galilee Basin. India’s two largest import-coal power plants – Adani Power’s 4.6 GW Mundra plant and Tata Power’s own 4.0 GW […]