IEEFA report: Marubeni’s coal commitments are creating ‘needless reputational and financial risk’

Japanese multinational’s strategy is putting its global power business in jeopardy; Bigger and better opportunities in renewables

July 30, 2018 ( —Japanese multinational Marubeni Corp.’s coal-fired power generation strategy has left the company dangerously exposed to rapid changes in global energy markets, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The company’s renewable energy business, on the other hand, has the potential to drive profitability at […]

IEEFA update: The hurdles to an economically viable Navajo Generating Station remain

High-priced power is difficult, if not impossible, to sell

Word is that a deal is still in the works to keep the coal-fired Navajo Generating Station open past 2019. It’s not an impossible task, but it would come at a high cost and it would require the owners to pull off two near-Herculean feats. First, production costs would have to be severely slashed. Tucson […]

IEEFA op-ed: A U.S. coal bailout wouldn’t stop electric sector transition

A blatant misuse of the law and a phony national-defense argument

It seems a waste of time and resources to call on a nearly 70-year-old defense law to rescue certain failing and outdated sectors of the energy industry. Yet that is precisely what has been proposed. The Trump administration is floating a plan to use the Defense Production Act of 1950, enacted as a drastic national-security measure to […]

IEEFA report: India has a new leader in renewable energy

Karnataka surpasses Tamil Nadu; Policies encouraging less reliance on imported fuel drive uptake of solar and wind; ‘Clear and rising risk’ in traditional thermal sector

July 24, 2018 (IEEFA) — The Indian state of Karnataka has become the new national leader in renewable energy generation, concludes a report published today by the Institute for Energy Economics and Financial Analysis. Karnataka, which lies along the southwest coast of India and has a population of more than 60 million, had a total of 12.3 […]


IEEFA update: An influential congressman impedes Puerto Rico’s recovery

Rep. Rob Bishop is interfering at the behest of oil and gas interests

Rep. Rob Bishop (R-Utah), chairman of the House Natural Resources Committee, has abandoned the sound fiscal stewardship that once made him a leader on fiscal solvency and responsible economic recovery for Puerto Rico. Instead, Bishop has succumbed to the special-interest quagmire in Washington and is now actively promoting unsustainable policies for the battered U.S. commonwealth. […]

IEEFA update: U.K. pension funds lag in renewable energy infrastructure investing

Abundant offerings across a number of markets

LONDON — Local U.K. government pension schemes are gradually increasing their unlisted infrastructure holdings, driven by examples set by trail-blazing funds and by a new government initiative to increase the scale of such investments. But few are investing explicitly in renewable energy, the biggest single segment of infrastructure investment in the world (infrastructure investing involves real […]

July 19, 2018 Read More →

IEEFA report: Effects of long-running oil-purchase scandal undermine privatization and contract-reform initiatives at PREPA

A scheme that contributed to utility’s ruin and a pattern of whistleblower suppression; Potential new grounds for bondholder claims in bankruptcy proceeding; ‘History is repeating itself in Puerto Rico’

July 18, 2018, SAN JUAN (IEEFA) — A long-running practice in which Puerto Rico’s public utility bought low-quality oil at high-quality prices has been mostly ignored in Gov. Ricardo Rosselló’s privatization of the Puerto Rico Electric Power Authority (PREPA). A report published today by the Institute for Energy Economics and Financial Analysis (IEEFA) — “Multibillion-Dollar Oil […]

IEEFA update: Unmistakable trends in American wind and solar

Price, public policy, and technological gains are driving market-share gains

The uptake of renewable energy across the U.S. is occurring now at a speed that almost defies description. At the end of 2007, some 16.7 gigawatts (GW) of wind-generation capacity had been installed; total capacity this year is expected to top 90 GW and additional capacity under construction will soon push the total past 100 […]

IEEFA Australia: A gas cartel run amuck

Producers continued to starve the domestic market while making super profits off consumers

NEW SOUTH WALES, Australia — “Australia may soon be importing gas.” What a bizarre, implausible statement. Australia is the second largest exporter of gas in the world. Why would we ever import gas? Our very own Department of Industry, Innovation and Science ranked Australia’s market share at 20 per cent of world gas exports in […]

IEEFA Europe: France, Germany and the U.K. are not on the same nuclear page

Policy muddle as one big EU economy hits pause on reactor buildout, another moves toward shutdown, a third plans expansion

LONDON — Europe’s three leading economies are taking three radically different approaches to nuclear power, reflecting contrasting national public priorities in a transition from fossil fuels, and showing the scale of government intervention in energy policy. France, Germany and the U.K. are all global top-20 generators of nuclear power by market share. France is No. […]

July 11, 2018 Read More →