Energy Investment Trends

IEEFA Research

IEEFA Report: U.K. Pension Funds Can Benefit Now From Renewables Infrastructure Play

Growth and Proven Returns in a Rapidly-Expanding Sector

Nov.15, 2017 — A new report by HSBC Global Asset Management and the Institute for Energy Economics and Financial Analysis (IEEFA) finds that U.K. pension funds can benefit now from investing in domestic and overseas renewable energy infrastructure. Commissioned by the City of London Corporation’s Green Finance Initiative, the report, “The Renewable Energy Infrastructure Investment […]

November 14, 2017 Read More →
IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

New Emissions Rules Loom Large Across EU; Gas-Fired Generation and Renewables Present Better Investment Opportunities; Major Utilities Are Out of Step With Markets

October 25, 2017 (IEEFA.org) — A research paper published today by the Institute for Energy Economics and Financial Analysis finds that plans by Enel Group’s Spanish-subsidiary Endesa to sink €400 million into upgrading three aging coal-fired plants is a likely loss-making proposition under new European Union emission-control rules. The report—“How European Utilities Can Capitalize on […]

October 26, 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

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 […]

Why Navajo Generating Station Is No Longer Commercially Viable

Why Navajo Generating Station Is No Longer Commercially Viable

The Institute for Energy Economics and Financial Analysis (IEEFA) has done extensive research into the difficult circumstances facing Navajo Generation Station. Key findings: Declining energy market prices and rising production costs have made power produced by the plant more expensive than competing sources. Market trends are not likely to change, leaving the plant’s financial viability […]

August 16, 2017 Read More →
IEEFA Indonesia: A Potential Overcommitment to Coal-Fired Electricity Puts a Nation at Risk

IEEFA Indonesia: A Potential Overcommitment to Coal-Fired Electricity Puts a Nation at Risk

Out of Step With a Global Shift in the Energy Economy

We’ve just published a report that calls into serious question Indonesia’s plans to expand its commitment to coal-fired electricity generation. The report—“Overpaid and Underutilized: How Capacity Payments Could Lock Indonesia Into a High-Cost Electricity Future”—analyzes Indonesia’s 2017-26 national energy blueprint and shows how long-term coal power contracts that the country is contemplating will not just […]

August 10, 2017 Read More →
IEEFA Report: Kayenta Mine Is Unlikely to Find  New Customers Once Navajo Generating Station Closes

IEEFA Report: Kayenta Mine Is Unlikely to Find New Customers Once Navajo Generating Station Closes

A ‘Buyer Beware’ on Peabody Energy Property; Regional Demand for Coal Is in Decline; Export-Market Possibilities Are Bleak; Previous Recent Mine Deals Have Failed

June 29, 2017 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis (IEEFA) published a report today concluding that Peabody Energy’s Kayenta mine in northeast Arizona is not likely to find new customers or markets once its sole customer, Navajo Generating Station, closes. The Navajo Nation Council voted this week to approve a deal with […]

IEEFA Report: State-Owned Utility NTPC Takes a Lead Role in India’s Electricity Transition

IEEFA Report: State-Owned Utility NTPC Takes a Lead Role in India’s Electricity Transition

Country’s Largest Generation Company—Ranked Third Globally in Coal-Fired Capacity and Seventh in Generation—Emerges as Key Supporter of Government’s Renewable-Energy Initiative

May 25, 2017 (IEEFA.org) — The state-owned Indian utility NTPC is playing a key role in India’s push toward retooling its electricity-generation system, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report—“NTPC as a Force in India’s Electricity Transition: Leading the Way Toward a New Energy Economy”—details how […]

IEEFA Report: Electricity-Sector Opportunity in the Philippines

IEEFA Report: Electricity-Sector Opportunity in the Philippines

The Case for Wind-and Solar-Powered Small Island Grids

May 8, 2017, MANILA (IEEFA.org) — The Institute for Energy Economics and Financial Analysis today published a report outlining how small islands in the Philippines can effectively replace outdated, diesel-fuel electricity-generation systems with solar- and wind-powered grids. The report—“Electricity-Sector Opportunity in the Philippines – The Case for Wind- and Solar-Powered Small Island Grids”—notes that many […]

More News and Commentary

Trump’s First Year Is a Study in the Limits of Presidential Power Over Electricity Markets

Reuters: A year after Donald Trump was elected president on a promise to revive the ailing U.S. coal industry, the sector’s long-term prospects for growth and hiring remain as bleak as ever.  A Reuters review of mining data shows an industry that has seen only modest gains in jobs and production this year – much […]

November 13, 2017 Read More →

In Coal Phase-Outs, Canada and U.K. Part With U.S.

Globe and Mail: Environment Minister Catherine McKenna and her British counterpart, Claire Perry, will launch an international alliance to phase out coal-fired electricity at the Bonn climate summit this week, signalling a sharp contrast to U.S. President Donald Trump’s promotion of coal as an important global energy source. Ms. McKenna will take the stage at […]

November 13, 2017 Read More →
IEEFA Update: If Trump Is Looking Out for Consumers, He’ll Reject Solar Tariffs

IEEFA Update: If Trump Is Looking Out for Consumers, He’ll Reject Solar Tariffs

Trade Protections for Companies like Suniva and SolarWorld Will Only Drive Up Prices and Hurt Job Growth

President Trump is about to confront a policy dilemma that will test his commitment to U.S. job growth. The dilemma in question is manifested in a trade tariff case brought by two troubled U.S. photovoltaic manufacturers, Suniva and SolarWorld, that have sought protections against Chinese-made solar-panel imports. The U.S. International Trade Commission has heard the […]

November 9, 2017 Read More →

Forecast: Coal Share of U.S. Electricity Generation Will Remain Flat

Platts: Coal is likely to make up 30.8% of US electricity generation in 2017 and 30.7% in 2018, both up from 30.4% in 2016, the US Energy Information Administration said Tuesday. Natural gas is again expected to exceed coal generation, totaling 31.5% in 2017 and 32.3% in 2018, the EIA said in monthly Short-Term Energy […]

November 9, 2017 Read More →

On the Blogs: Texas’ Electricity Market, in Uptake of Renewables, Is Working

Environmental Defense Fund: Coal plant closures are the clearest sign of how Texas’ electricity market is working. Running and maintaining coal plants is expensive (without even considering the hidden costs), and the majority of plants were built decades ago. Cheaper options – which often happen to be cleaner – abound. Recently the state’s largest power […]

November 9, 2017 Read More →

Report: Wind and Solar Are Reshaping U.S. Electricity Markets

GreenTech Media: Renewables have grown powerful enough to alter the workings of power markets, which will in turn affect the future growth of wind and solar. This unprecedented collision course creates uncertainty for the markets, but also opportunity, according to the combined insights of GTM Research, Wood Mackenzie and MAKE Consulting. The key will be […]

November 8, 2017 Read More →

American Utility Giant Earmarks $1.8 Billion for Renewable Generation

PV Magazine: American Electric Power (AEP), one of the United State’s largest power companies and one that owns a disproportionate share of coal assets, announced that it will invest $1.8 billion in new renewable energy projects during the 2018-2020 timeframe. This is nearly five times the company’s current investment in renewable energy generation by dollar […]

November 7, 2017 Read More →

Latest Data, Coupled With Armstrong Bankruptcy, Shows Slide in Kentucky Coal Industry

SNL: Recent data shows that total coal production at Kentucky mines during the third quarter of 2017 totaled 9.6 million tons, posting a 15.6% cutback from the previous quarter’s 11.4 million tons and sliding 6.6% year over year. Western Kentucky’s second-largest coal producer, Armstrong Energy Inc., filed for a Chapter 11 bankruptcy reorganization this week, […]

November 6, 2017 Read More →

Report: U.S. Renewable Costs Fall Below Existing Coal and Nuclear

SNL: The cost of building and operating new renewable energy projects has fallen so far that it can be less expensive than operating existing coal and nuclear generators, according to a recent analysis by Lazard Ltd. Falling renewable energy generation costs, especially from new large-scale wind and solar farms, have for years put the cost […]

November 6, 2017 Read More →

Macquarie Group Moves Deeper Into Renewables

Australian Financial Review: When shares in Macquarie Group came within a whisker of cracking the $100 mark on Friday it was a sign of the growing market confidence that its 14,000 employees in 27 countries would continue to prove adept at making humungous amounts of money. Macquarie stock hit an intra-day high of $99.75 on […]

November 6, 2017 Read More →