Energy Markets

IEEFA Research

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 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 →

IEEFA Report: ‘Natural Security’ Argument for Saving 2 Power Plants Is a Red Herring Meant to Distract From an Ohio Valley Electric Bailout

Keeping Kyger Creek and Clifty Creek on Life Support Would Cost Ratepayers $1.4 Billion; Market Conditions Will Continue to Undermine Viability of Aging Coal-Fired Plants; Public Resources Are Better Spent on Investing in Transition; Neither Generator Is Needed for Grid Stability

June 20, 2017  (IEEFA.org) – The Institute for Energy Economics and Financial Analysis (IEEFA) today published a research brief questioning a bill in the Ohio legislature that would bail out two failing coal-fired power plants owned by the Ohio Valley Electric Corporation (OVEC) and keep the plants alive at huge expense to ratepayers. The plants […]

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 […]

IEEFA Report: European Coal Sector Woes Deepen With New Air Quality Mandate; One-Third of Existing Capacity Must Retrofit or Close

IEEFA Report: European Coal Sector Woes Deepen With New Air Quality Mandate; One-Third of Existing Capacity Must Retrofit or Close

More Headwinds for Major Utilities; New Limits Affect 108 Plants; Implications for Investors, With Gas and Renewables Emerging as Preferred Power-Generation Fuels

May 8, 2017 (IEEFA.org) — More than 100 separate power plants—representing one-third of Europe’s large-scale coal-fired power plant capacity—face costly air quality upgrades or closure as a result of new European Union emissions limits, according to an analysis published today by the Institute for Energy Economics and Financial Analysis (IEEFA). “These regulations will further undermine and […]

IEEFA Update: A Rush to Subsidies as Power Plants in Europe Face an Existential Threat

IEEFA Update: A Rush to Subsidies as Power Plants in Europe Face an Existential Threat

Paying Producers for Electricity They Might Never Generate

  So-called capacity markets are driving what appears to be a major new trend in energy policy across Europe: More public subsidies for electric utilities. Utilities may get—but not necessarily need or deserve—high-level government support for a variety of reasons, including for their role in equity markets, where they supply returns and dividends for pension […]

December 13, 2016 Read More →

More News and Commentary

Tesla’s Aussie Success Paves Way For More Projects

Australia’s renewable energy sector responds to the success of South Australia’s Tesla lithium ion battery: South Australia will build the world’s largest solar thermal plant, and a Queensland wind farm may be the site of a new record-breaking battery. The Aurora solar plant in Port Augusta, SA, will begin construction this year. The $650 million, 150-megawatt […]

January 11, 2018 Read More →

Green Policies Are Good For Jobs—Norwegian Prime Minister to Trump

AP: Norway’s prime minister told President Donald Trump on Wednesday that her country remains committed to the Paris climate agreement, making the business case of the “green economy” to the real estate developer-turned president. Prime Minister Erna Solberg noted that many Norwegians drive U.S.-made Tesla electric cars and said her country saw “tremendous economic and […]

January 11, 2018 Read More →

EIA: Coal Continues To Lose Market Share To Natural Gas

The Washington Post: Just a day after federal regulators nixed a major Trump administration proposal to shore up the struggling coal industry, the nation’s top energy forecaster predicted continuing, slow declines in U.S. coal production and in the burning of coal for electricity in 2018 and 2019, thanks to cheap natural gas and coal plant retirements. The […]

January 10, 2018 Read More →

Ohio Utilities Consider Next Steps Following FERC Subsidy Decision

WKSU: Ohio utilities are considering their next steps after federal regulators knocked down a measure that would have allowed subsidies for struggling power plants. But, there are still options from state lawmakers. The proposal would have allowed utilities to charge their customers an extra fee to help prop up power plants that struggle to compete […]

January 10, 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 →

FERC Rejects Perry’s Coal, Nuclear Subsidy Plan

AP: An independent energy agency on Monday rejected a Trump administration plan to bolster coal-fired and nuclear power plants, dealing a blow to President Donald Trump’s efforts to boost the struggling coal industry. The decision by the Republican-controlled Federal Energy Regulatory Commission was unexpected and comes amid repeated promises by Trump to revive coal as […]

January 9, 2018 Read More →

U.K. Details Plans For 2025 End To Coal Generation

The Guardian: One of the UK’s eight remaining coal power stations is expected to cease generating electricity this year, the government has said as it laid out new rules that will force all the plants to close by 2025. The coal phase-out is one of the Conservative party’s flagship green policies, and thelong-awaited implementation plan […]

January 9, 2018 Read More →

Performance Of Tesla’s Australia Battery Has Been ‘Outstanding’

The Sydney Morning Herald: When it comes to hype, there is probably nobody as outlandish as US-based billionaire Elon Musk and his Tesla corporation. A…version of the hyperbole has been on show in Australia, following the installation late last year of a 100-megawatt lithium ion battery – the world’s largest. Musk famously offered to supply it […]

January 8, 2018 Read More →

Insurance Looms As Major Issue For New Coal Plant Construction

Financial Times: The world’s biggest insurers are opening up a new front in efforts to cut down on coal use by refusing to offer cover to miners and power generators that use the polluting fuel. A range of investors, including insurance companies and pension funds have cut or eliminated holdings in companies that make money […]

January 8, 2018 Read More →

Export-Led Coal Uptick Is Not Going To Last

Vox: President Donald Trump came into office making extravagant promises to coal miners. He would put them back to work and get coal-fired power plants humming again. How’s he doing so far? The research outfit Rhodium Group has just released a helpful snapshot, in the form of a research note on U.S. coal’s performance in 2017. […]

January 5, 2018 Read More →