Commentary

IEEFA Update: Hurricane Maria Gives Puerto Rico an Opening to Shake Off Some Shackles and Build a Modern Electricity Grid

IEEFA Update: Hurricane Maria Gives Puerto Rico an Opening to Shake Off Some Shackles and Build a Modern Electricity Grid

Less Debt, a Decentralized Grid, Abundant Sunshine

It isn’t known yet exactly how badly damaged Puerto Rico’s electrical infrastructure is, but the devastation wrought by Hurricane Maria is severe. While the Puerto Rico Electric Power Authority (PREPA) tweeted yesterday that “the process of recovery will be extensive, but not impossible” the agency has released no estimates on how long it will take […]

September 22, 2017 Read More →

IEEFA Update: Cracks in the War on Wind

Evolution, Tipping Points, ‘Hollow Showmanship’

Bloomberg New Energy Finance this week put out what has to be the chart of the week in its depiction of the rapid evolution of wind turbines. Reproduced here, it reminds you a little of an old textbook evolution-of-man chart (Lucy to Piltdown to Neanderthal to Cromagnum). Progress in wind-turbine technology is happening a lot […]

September 22, 2017 Read More →
IEEFA Update: FirstEnergy, Out of Step With the Times, Sells Gas and Hydro Assets to Shore Up Fading Coal-Fired Plants

IEEFA Update: FirstEnergy, Out of Step With the Times, Sells Gas and Hydro Assets to Shore Up Fading Coal-Fired Plants

As American Electricity Markets Modernize, an Ohio Utility Company Stays the Same

If there’s a standout feature in today’s fast-changing electricity-generation landscape, it’s that coal-fired and nuclear power plants cannot compete with those that run on natural gas or renewable energy. This will remain the case for the foreseeable future, as gas prices are projected to stay low and renewable energy prices continue to drop. Part of […]

September 21, 2017 Read More →

IEEFA Asia: Why a Philippines Coal-Import Tax Makes Sense

A Corrective Policy Aimed at Offsetting the External Costs of Dirty Power Generation; Indian and South Korea Have Already Set the Bar

Debate has picked up this week in the Philippines over proposals to enact a tax on imported coal as one of several ways to support a national public-investment initiative. Lawmakers are suggesting a levy of up to $20 a ton on coal brought into the Philippines, a country that relies heavily on coal-fired generation for […]

September 15, 2017 Read More →
IEEFA Europe: Technology Gains Help Drive a Rush From Capital Markets Into Offshore Wind

IEEFA Europe: Technology Gains Help Drive a Rush From Capital Markets Into Offshore Wind

U.K. Auction Confirms New, Lower Pricing Trends in World’s Biggest Markets

The U.K.’s latest auction of power purchase agreements for offshore-wind generation confirms an aggressive trend toward cost reductions across the industry and signals the arrival of a mature, bankable new segment of the energy sector. The lowest successful bids in  auction results announced on Monday, €63 (US$83) megawatt hour (MWh), were 50 percent less than […]

September 14, 2017 Read More →

IEEFA Swamp Watch: Will a New Federal Giveaway Keep a Mine Alive in Arizona?

Department of Energy Offering of $100 million in Fresh Funding for ‘Transformational’ Coal Projects Ignores a Long History of Failure; Likely Beneficiary Is Peabody Energy; At-Risk Potential Partners are Hopi and Navajo Nations

The stunning record of failure for “clean coal” projects in the U.S. has not kept the coal industry—and its allies in the Trump administration—from using more federal subsidies for reckless projects. The latest comes by way of a recent Department of Energy offering of $100 million toward “Fossil Fuel Large Scale Pilots.” DOE, along with […]

September 12, 2017 Read More →
IEEFA Update: Atlantic Coast Pipeline Risk Is Being Borne Not by Dominion and Duke, but by Their Customers

IEEFA Update: Atlantic Coast Pipeline Risk Is Being Borne Not by Dominion and Duke, but by Their Customers

Little Potential Corporate Loss on a Superfluous Project

Dominion Resources and Duke Energy say they need to build the Atlantic Coast Pipeline to meet rapidly growing demand for natural gas. But will the market really grow in the way that these utilities say that it will? The pipeline, announced in 2014 as a joint venture between Dominion, Duke, Piedmont Natural Gas and AGL […]

September 8, 2017 Read More →

IEEFA Australia: Adani Is in Scramble Mode

The Race to a Taxpayer-Funded Close Is On

As Adani gears up its political and media machine in a play to make it look like its proposed Carmichael mine in the Galilee Basin of Queensland is a go, it has a lot on the line. Much of its push for the project now is ego-driven—the company has invested enormous political capital in Carmichael, […]

September 8, 2017 Read More →

IEEFA Update: The Apolitical Wind

Benton County, Indiana: Cornfields, Soybeans, and a New Cash Crop

“White towers rising for miles amid the golden-tipped cornfields and leafy soybean plants” is a fun opening but the numbers are what jump out at you in a Wall Street Journal article published yesterday under the headline “Wind Power Wins Converts in Rural U.S.” About 100,000 people work in the American wind energy industry today—“close […]

September 8, 2017 Read More →
IEEFA Report: Costly and Unreliable, Two Multibillion-Dollar American Coal-Gasification Experiments Prove the Case Against Such Projects

IEEFA Report: Costly and Unreliable, Two Multibillion-Dollar American Coal-Gasification Experiments Prove the Case Against Such Projects

‘Important and Painful Lessons’ in Southern Company’s Kemper Failure in Mississippi and Duke Energy’s Edwardsport Experiment in Indiana

Sept. 7, 2017 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis (IEEFA) today published a report describing how coal-to-gasification technology for electricity-generation purposes remains commercially unviable. The report—“Using Coal Gasification to Generate Electricity: A Multibillion-Dollar Failure”—concludes that two long-running marquee American Integrated Gasification Combined Cycle (IGCC), projects, Duke Energy’s Edwardsport plant in Indiana […]

September 7, 2017 Read More →