Energy Markets

IEEFA Research

IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

Rapid Cost Deflation, Broad Gains in Scale; Key Momentum in China and India; Crucial Support From International Capital Markets and Tech Giants; Expansion Role Seen for National Governments

May 21, 2018 (IEEFA.org) – A report published today by the Institute for Energy Economics and Financial Analysis describes how solar energy is accelerating the transformation of the global electricity-generation sector through gains in technology innovation and price deflation. The study—“Solar Is Driving a Global Shift in Energy Markets”—details some of the world’s biggest utility-scale […]

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 […]

More News and Commentary

IEEFA U.S.: Why are Virginia energy coop customers paying as much as 50% over market?

45-year supply contract is not publicly available and has no transparency

Customers of a rural electric cooperative in northern Virginia are locked into paying 23% to 50% above-market rates for power under a forty-five year contract, even though the supplier to the coop buys the majority of its power at market rates. That’s the main conclusion of an IEEFA briefing note released earlier this month on […]

November 13, 2018 Read More →

Corporate buyers a major force behind renewable energy surge

Bloomberg: Dozens of wind turbines each standing 260 feet tall spin in the breeze on the plains of Oklahoma, feeding electricity for a Google data center about 180 miles away. Worldwide, data centers like the Mayes County site outside Tulsa handle almost 32 quintillion bytes of information each day, according to Cisco Global Cloud Index. […]

November 13, 2018 Read More →

IEEFA Australia: Thermal coal export sunset looming closer

Glencore failing investors in its latest forecasts

For more than a decade, the figures looked good. Australia’s thermal coal mining export industry was experiencing an unprecedented rise in the coal seaborne market. Up to 2015 the numbers were singing. Australia was leading the market as the world’s biggest exporter of coal. But then something happened. Australia’s thermal coal exports lost their momentum. […]

November 8, 2018 Read More →

IEEFA Australia: Energy Market Commission should amend national gas laws to curb massive price hikes

IEEFA and Environmental Justice Australia urge removal of exemption allowing Jemena to pass high pipeline costs on to consumers

Nov. 7, 2018, SYDNEY (IEEFA): The Institute for Energy Economics and Financial Analysis (IEEFA) and Environmental Justice Australia (EJA) are seeking an amendment to Australia’s national gas rules to ensure energy prices become affordable and market competitive in Australia. IEEFA and EJA lodged the amendment request with the Australian Energy Market Commission (AEMC) which makes […]

November 6, 2018 Read More →

IEEFA Australia: In need of a domestic gas reservation policy to bring electricity bills down

Government’s new move to fix retail prices won’t solve the problem without action to reduce costs of distribution and generation

SYDNEY— This week the Australian government announced a new policy to fix retail electricity prices, as a way to reduce increasingly high electricity bills for people living on the east coast,  but failed to enact additional reforms including a much-needed national energy policy. Prime Minister Scott Morrison and Energy Minister Angus Taylor’s announcement demonstrates that […]

October 26, 2018 Read More →

Column: Asia exports won’t save U.S. coal industry

Bloomberg: Fear not, coal miners of America! The U.S. military is coming to your aid. The Trump administration is looking at using naval facilities or other federal properties to open up exports of thermal coal from the Great Plains of Wyoming and Montana to the energy-hungry populations of East Asia, Secretary of the Interior Ryan […]

October 19, 2018 Read More →

U.S. corporate renewable energy purchases soaring

Greentech Media: Corporate renewable energy procurement in the United States has reached a new level. As of August, non-utility buyers had announced contracts for more than 3.5 gigawatts of renewable energy projects in 2018 to date, setting a new single-year record in the U.S. That’s well above the previous 3.12 gigawatt record set in 2015, […]

October 19, 2018 Read More →

New assets, old assets, U.S. wind market is flourishing

S&P Global Market Intelligence ($): The market to acquire wind generation remains robust, whether for development assets or legacy projects, with contracts or without, according to deal-makers at the American Wind Energy Association’s annual Wind Energy Finance & Investment conference in New York City on Oct. 1-2. “There is a lot of liquidity and strong […]

October 12, 2018 Read More →

PJM: FirstEnergy coal plant closures no threat to reliability

Platts: Retirement of FirstEnergy Solutions’ 4,004 MW of coal and diesel generating units in Ohio and Pennsylvania by June 2021 and June 2022 will not adversely impact reliability, PJM Interconnection said Monday in revealing the results of a new study. PJM completed its 30-day reliability analysis of the units Friday, according to an emailed statement. […]

October 2, 2018 Read More →

Frost & Sullivan: Global renewable capacity to climb 155GW in 2018

Renewables Now: Investments in renewable energy capacity globally will reach USD 228.3 billion (EUR 197bn) this year, up by just 0.7% on 2017 as China’s decision to limit solar capacity additions has hit year-on-year growth, Frost & Sullivan says. According to the company’s Global Renewable Energy Outlook, 2018, the world will install 154.6 GW of […]

October 2, 2018 Read More →