Energy Markets

IEEFA Research

IEEFA Report: Indonesia’s State Power Company Continues to Lag Global Shift in Electricity Generation

IEEFA Report: Indonesia’s State Power Company Continues to Lag Global Shift in Electricity Generation

‘Sinking Under the Weight of a Flawed Planning Process That Lacks Crucial Insight Into Clean Energy Trends’

IEEFA — Indonesia’s national power company is perilously out of step with global trends in electricity generation even as it seeks a more than $1 billion infusion from international bond markets, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report — “Perusahaan Listrik Negara (PLN): A Power Company […]

April 19, 2018 Read More →

IEEFA Report: ‘Here and Now’ — Nine Electricity Markets Leading the Transition to Wind and Solar

California, Denmark, Germany, Ireland, South Australia, Spain, Tamil Nadu, Texas, and Uruguay; Breakneck Speed Is Overtaking Academic Discussion; Renewables Are Providing Security of Supply

Feb. 14, 2018 (IEEFA) — New research by the Institute for Energy Economics and Financial Analysis details how nine major power markets around the world have achieved an outsize share of wind and solar generation while assuring security of supply and are providing compelling examples of the fast-moving evolution of electricity generation. The report, “Power-Industry […]

February 15, 2018 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 Brief: U.K. Government at Risk in Over-Budget Nuclear Project That Stands Incomplete

IEEFA Brief: U.K. Government at Risk in Over-Budget Nuclear Project That Stands Incomplete

A Sensible ‘Plan B’ for Hinkley Point C Project in Somerset Would Avoid Extending Public Loan Guarantees

Oct. 16, 2017 (IEEFA.org) — A research brief published today by the Institute for Energy Economics and Financial Analysis cautions the U.K. government against investing further in an unfinished nuclear project on the Bristol Channel in southwest England. The brief — “A Half-Built, High-Priced Nuclear White Elephant: How Should the U.K. Proceed With This Troubled […]

October 16, 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

Murkowski: No Senate Action Now on FirstEnergy Bankruptcy

S&P Global Market Intelligence ($): U.S. Senate Energy and Natural Resources Committee Chairman Lisa Murkowski said she is alarmed about the premature closure of U.S. nuclear plants but that her committee is unlikely to weigh in on merchant generator FirstEnergy Solutions Corp.’s request for the U.S. Department of Energy to help keep several of its at-risk […]

April 11, 2018 Read More →

Editorial: Wyoming Requires an Honest Public Conversation on the Future of Its Economy

Casper Star-Tribune: Because coal in Wyoming isn’t going to reach pre-bust levels, regardless of what happens to the Clean Power Plan. Pruitt isn’t doing the industry any favors by ignoring the market forces that have driven its decline. Wyoming added five coal jobs since the bottom of the bust in 2016. That means that while […]

April 9, 2018 Read More →

Report: ‘The Economic Case for Building New Coal and Gas Capacity Is Crumbling’

Bloomberg News: The economics of generating electricity from fossil fuels are deteriorating rapidly as renewable energy technology plunges in costs. That’s the conclusion of a Bloomberg New Energy Finance report on the levelized cost of energy, a measure that takes into account the expenses from buying equipment, servicing debt and operating power plants using each […]

March 29, 2018 Read More →

Latest U.S. Energy Agency Data: Gas- and Coal-Fired Generation Lost Market Share in 2017 as Renewables Gained

Energy Information Administration: Natural gas and coal generation fell by 7.7% and 2.5% from 2016, respectively, as generation from several renewable fuels, particularly hydro, wind, and solar, increased from 2016 levels. Although natural gas continued to be most-used fuel for electricity generation for the third consecutive year, natural gas-fired electricity generation fell by 105 billion […]

March 21, 2018 Read More →

Utilities and Environmentalists Find Common Cause in Advocating for Electric Vehicles

Utility Dive: In 2017, electric vehicles began to present state policymakers with regulatory turmoil previously reserved for rooftop solar. The estimated 765,000 U.S. electric vehicles (EVs) remain a very small percentage of the 250 million-plus vehicles in operation. And the almost 200,000 new EVs sold last year in the U.S. represent a tiny fraction of the 17 million-plus […]

February 27, 2018 Read More →

Conservative Think Tank Faces a Tough Battle to Protect Coal Against Market-Force Headwinds

E&E News: The Heartland Institute is launching an initiative to save the nation’s ailing coal plants. The effort, presented by Heartland CEO and President Tim Huelskamp at the Conservative Political Action Conference yesterday, amounts to the conservative response to the Sierra Club’s Beyond Coal campaign, which seeks to eliminate coal from America’s electricity mix. Heartland […]

February 26, 2018 Read More →

Peabody Concedes Era of U.S. Coal Growth Is Over

S&P Global Market Intelligence: Peabody Energy Corp. is touting a global pure-play coal investment strategy, but the pitch includes an expectation for no new significant greenfield development in the U.S. as the company meets customer demands with existing mines and reserves. Peabody expects the recent decline in coal use and share of electricity generation in […]

February 23, 2018 Read More →

Analysis: A Disruptive Shift in American Electricity Markets

Bloomberg News: The sudden consolidation of the U.S. merchant-power industry is a response to flat demand and the flattening of price spikes by renewable energy. Hence, Calpine Corp. and Dynegy Inc. are shuffling off the stock market, while Vistra Energy Corp. and NRG Energy Inc. tout their retail power businesses. Wholesale power markets themselves are […]

February 23, 2018 Read More →

BP Annual Outlook: Peak Oil Demand in Sight, Coal Portion of Energy Mix ‘Lowest Since the Industrial Revolution’

BP: The speed of the energy transition is uncertain and the new Outlook considers a range of scenarios. Its evolving transition (ET) scenario, which assumes that government policies, technologies and societal preferences evolve in a manner and speed similar to the recent past, expects: Fast growth in developing economies drives up global energy demand a […]

February 22, 2018 Read More →

EU Can Get 34% of Its Electricity From Renewables by 2030

Bloomberg News: The European Union can boost the share of renewables to 34 percent of its energy mix by 2030, triggering hundreds of billions euros in investment and accelerating reduction of greenhouse gases blamed for global warming, according to the International Renewable Energy Agency. Lawmakers in the 28-nation bloc are currently discussing policies for the […]

February 20, 2018 Read More →