Commentary

IEEFA Report: U.S. Coal Market Erosion Continues

IEEFA Report: U.S. Coal Market Erosion Continues

Lower Production and Consumption as Industry Fails to Compete; a Likely Doubling of Plant Retirements; Low Natural Gas Prices Will Persist; Renewables Will Gain; Little Effect Seen from Regulatory Relief

Feb 1, 2018 (IEEFA) — The U.S. coal industry continued to shrink in 2017, and its trend toward long-term structural decline is all but sure to persist, concludes a study published today by the Institute for Energy Economics and Financial Analysis. The report—“U.S. Coal: More Market Erosion Is on the Way”—details how competition from cheap […]

February 1, 2018 Read More →
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IEEFA Europe: A Regulatory Blow to Spain’s Subsidized Coal-Fired Electricity Sector

Security-of-Supply Justifications Are Seen as Political Schemes to Support the Status Quo

In its rejection this week of a government proposal to prop up the nation’s oldest and most polluting coal power plants, Spain’s energy regulator has concluded that a “significant part” of the country’s coal fleet can be closed without risking national energy security. The decision, detailed in a statement by the Comisión Nacional de Mercados […]

IEEFA Update: Governor’s Utility Privatization Plan Betrays Puerto Ricans

Politically Driven Proposal to Eliminate Independent Oversight Is Not in the Public Interest

In announcing yesterday a plan to privatize the Puerto Rico Electric Power Authority (PREPA), Puerto Rico Gov. Ricardo Rosselló said he wants private investors to buy the utility’s generation system and to operate its transmission and distribution system via private concession. Rosselló is also moving to remove any independent oversight of the utility, which would […]

January 23, 2018 Read More →
IEEFA Update: Wishing Won’t Make it So: Industry ‘Action Plan’ for Federal Policy Changes Can’t Revive Coal Mining in U.S.

IEEFA Update: Wishing Won’t Make it So: Industry ‘Action Plan’ for Federal Policy Changes Can’t Revive Coal Mining in U.S.

Murray Energy Checklist Included Rolling Back Clean Power Plan, Changing Science Findings, Rewriting Tax Code to Disadvantage Renewables

For the first time last week, Bob Murray, the outspoken CEO of Murray Energy Corp., publicly discussed his company’s recently publicized wish list for actions that the federal government could take to support the coal industry.  Murray’s “Action Plan for the Administration of Donald J. Trump,” a once-secret document written almost a year ago, was released earlier […]

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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 →