Energy Policy

IEEFA Research

IEEFA report: Poland’s biggest utility is risking financial instability by doubling down on coal-fired generation

IEEFA report: Poland’s biggest utility is risking financial instability by doubling down on coal-fired generation

New EU emissions regulations raise compliance issues at PGE; Outdated business model may cost billions; ‘An accelerated deployment of renewables’ makes more sense

June 13, 2018 (IEEFA) – New air pollution regulations coupled with rising carbon prices put Poland’s biggest utility, PGE, at serious risk of financial disarray if it continues to pursue a coal-heavy upgrade strategy, concludes a report published today by the Institute for Energy Economics and Financial Analysis. A strategic shift toward a renewable energy-based […]

IEEFA Puerto Rico: PREPA’s Approved Budget Faces Five Years of Shortfalls

Report Puts Average Annual Budget Deficits at $1 Billion; Privatization Will Compound Risks; Hurdles Include Debt Burden and Costly Dependence on Imported Gas and Oil for Electricity Generation

May 25, 1018 (IEEFA) — A budget review published today by the Institute for Energy Economics and Financial Analysis of the approved fiscal-recovery blueprint for the Puerto Rico Electric Power Authority (PREPA) concludes that the plan faces billions in financial risks that will hinder the transformation of the grid. The plan, certified in April by […]

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: Proposed Coal-Fired Project for Bangladesh Is a High-Priced Scheme Meant to Prop Up Adani Power

IEEFA Report: Proposed Coal-Fired Project for Bangladesh Is a High-Priced Scheme Meant to Prop Up Adani Power

Godda Plan, Contrary to Its Poverty-Alleviation Advertising, Would Cost Customers Dearly

April 10, 2018 (IEEFA.org): Adani’s proposed Godda Power project would prove financially unviable and a poor strategic fit for Bangladesh, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The IEEFA study—“Adani Godda Power Project: Too Expensive, Too Late, and Too Risky for Bangladesh”—finds also that the project is […]

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 Update: Puerto Rico Is at an Urgent Energy-Policy Crossroads Now

Progress Requires Debt Elimination, Greater Reliance on Microgrids and Renewable Energy, Appointment of an Independent PREPA Administrator

OCT. 24, 2017 (IEEFA) — The Institute for Energy Economics and Financial Analysis (IEEFA) today posted a webinar and data presentation calling for responsible electricity-grid modernization in Puerto Rico and emphasizing the importance of establishing appropriate policy now. The presentation, (download the slide show here) by IEEFA energy consultants Cathy Kunkel and Anna Sommers, follows […]

October 24, 2017 Read More →
IEEFA Update: As Australia Fights a Domestic Gas Shortage, New Export Plants Are at Risk of Closure

IEEFA Update: As Australia Fights a Domestic Gas Shortage, New Export Plants Are at Risk of Closure

‘Fiddling Around and Allowing the Cartels to Fleece Consumers’

nJune 5, 2017 (IEEFA.org) – The Institute for Energy Economics and Financial Analysis today published a report detailing how a complex of expensive new liquefied natural gas plants on the east coast of Australia are struggling to stay open in the face of a global gas glut. The report—“Australia’s Export LNG Plants at Gladstone: The […]

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 Report: A Renewables Path to Japanese Energy Security in a Post-Nuclear Era

IEEFA Report: A Renewables Path to Japanese Energy Security in a Post-Nuclear Era

Eliminating High-Risk Dependence on Imported Fuels; Exploiting Domestic Technology Advantages; Avoiding Stranded Assets in Misguided Coal Projects

We’ve just published a report that details how Japan’s post-nuclear electricity-generation economy can be viably retooled around renewable energy. Our report—“Japan: Greater Energy Security Through Renewables: Electricity Transformation in a Post-Nuclear Economy”—emphasizes the potential for national energy security through renewables, most especially wind and solar. This report documents how government policies adopted in the wake […]

More News and Commentary

Coal, nuclear plants susceptible to cyberattacks, experts say

Reuters: Bailing out nuclear and coal-fired power plants will not toughen the U.S. power grid against cyberattacks as the Trump administration claims, according to cyber experts, because hackers have a wide array of options for hitting electric infrastructure and nuclear facilities that are high-profile targets. While the administration had been arguing for months that “fuel […]

June 13, 2018 Read More →

FERC’s commissioners in bipartisan agreement: Trump’s grid emergency is false

Associated Press: Federal regulators on Tuesday disputed the Trump administration’s claim that struggles facing the coal and nuclear industries threaten the reliability of the nation’s power grid. “There is no immediate calamity or threat,” the Republican chairman of the Federal Energy Regulatory Commission told Congress. Existing power sources are sufficient to satisfy the nation’s energy […]

June 13, 2018 Read More →

BP report: Coal still at 38% of global power generation

Reuters: LONDON—Global greenhouse gas emissions began rising again last year as the first pick-up in coal burning since 2013 overshadowed a record expansion in renewable energy, a BP report said. Energy demand accelerated in 2017 by 2.2 percent, but a 17 percent gain in clean power such as solar and wind did little to offset […]

June 13, 2018 Read More →

States turn to bond market to fund decommissioning of coal plants

Bloomberg Businessweek: As President Donald Trump prepares to pay failing coal plants to stay open, several states are hatching plans to gently put them to sleep. One solution gaining steam among lawmakers, environmentalists, and policy experts can be found in an unlikely place: the bond market. For utilities, getting out of the coal business can […]

June 12, 2018 Read More →

Report: U.S. solar industry will weather Trump policies

PV Tech: The U.S. solar sector is set to exceed expectations for deployment in 2018, according to the latest quarterly figures from GTM Research. The addition of 2.5GW in Q1 2018 marks a 13% year on year increase, according to the research firm’s latest US Solar Market Insight Report, produced in partnership with the Solar […]

June 12, 2018 Read More →

Pope urges oil industry to embrace transition

Associated Press: Pope Francis told leading oil executives Saturday that the transition to less-polluting energy sources “is a challenge of epochal proportions” and warned that satisfying the world’s energy needs “must not destroy civilization.” The Vatican said Francis held a two-day conference with the executives as a follow-up to his encyclical three years ago that […]

June 11, 2018 Read More →

‘Forward-thinking’ policies around Maine’s offshore wind-platform technology will mean 2,100 jobs

Associated Press: Maine is poised to capture hundreds of jobs when offshore wind takes off and should adopt policy positions to improve its opportunities, according to a new report. The report by the American Jobs Project said Maine is well-positioned thanks to advances in floating platforms developed by the University of Maine’s Advanced Structures and […]

June 11, 2018 Read More →

Trump order to prop up coal plants will increase electricity bills in West Virginia

Charleston Gazette: As West Virginians continue to see their utility bills rise, the regional electric grid serving the state is among those warning that attempts by President Donald Trump’s administration to keep coal and nuclear power plants from closing will lead to higher electricity prices. Trump has ordered the U.S. Department of Energy to stop […]

June 11, 2018 Read More →

IEEFA update: Heartland U.S. utilities continue to move away from coal

Activity of note this week in Arizona, Colorado, Illinois, Minnesota and Wisconsin

The Trump administration’s proposal to invoke the wartime Defense Production Act as a back-door way to keep failing coal-fired electricity plants is little more than a sideshow to the real action taking place outside the beltway. All across America, the transition from coal to cleaner, cheaper forms of electricity generation continues, and will likely continue, […]

Editorial: Trump bailout turns free market upside down

Houston Chronicle: Americans of a certain age likely remember Tennessee Ernie Ford, a TV entertainer whose musical rendition of a coal miner’s lament, “Sixteen Tons,” sold millions of records in the mid-1950s. Written a decade earlier by a former Kentucky coal miner, “Sixteen Tons” opened with the evocative question: “You load sixteen tons, what do […]

June 8, 2018 Read More →