Energy Policy

IEEFA Research

IEEFA India: Proposed Khurja coal power plant overpriced, uncompetitive and another threat to Delhi’s air quality

IEEFA India: Proposed Khurja coal power plant overpriced, uncompetitive and another threat to Delhi’s air quality

A high-risk proposition no longer aligned with the Government of India’s electricity sector plan

A report published today by the Institute for Energy Economics and Financial Analysis (IEEFA) evaluating Tehri Hydro Development Corporation (THDC)’s proposed Khurja coal power plant in India finds the plant would push up the cost of electricity and increase air pollution at a time when the country’s renewable energy options are cheaper, accessible and more […]

October 23, 2018 Read More →
IEEFA report: Seven disruptions driving the modernization of electricity generation and transmission

IEEFA report: Seven disruptions driving the modernization of electricity generation and transmission

Overlapping forces spell further declines for coal-fired power

We’ve published a research brief today that looks at the underlying forces driving a global shift in how electricity is generated. Our paper—“The Seven Technology Disruptions Driving the Global Energy Transition”—is a primer on fundamental changes occurring now that are collectively displacing coal from its long-dominant role in power generation. We note in the brief […]

October 5, 2018 Read More →
IEEFA update: Big risk to taxpayers in FirstEnergy settlement on coal plants

IEEFA update: Big risk to taxpayers in FirstEnergy settlement on coal plants

Who will pay for cleanup and reclamation at sites in Ohio, Pennsylvania and West Virginia?

The overriding risk that remains from a federal court settlement this week around the FirstEnergy Solutions bankruptcy in Ohio is that taxpayers in three states will be left holding the bag on cleaning up after the company. This is no small-ticket item. It’s impossible to say what it will cost to decommission and do the […]

September 28, 2018 Read More →

IEEFA report: Retail choice will not bring down Puerto Rico’s high electricity rates

Precedent from U.S. states shows retail choice increases costs to consumers; Opens door to predatory marketing

A research brief released today by the Institute for Energy Economics and Financial Analysis (IEEFA) lays out a cautionary tale to policy-makers in Puerto Rico, as they consider adopting a program known as retail choice in the island’s electricity market. Retail choice is a policy that allows individual customers to select who will supply their […]

August 23, 2018 Read More →
IEEFA Report: Philippines can lower electricity costs, improve energy security by developing rooftop solar potential

IEEFA Report: Philippines can lower electricity costs, improve energy security by developing rooftop solar potential

Modernization will require fewer regulatory, administrative and financial hurdles; Investment opportunity in off-grid and island-grid demand; Policy changes ‘can help break the logjam’

Aug. 20, 2018, MANILA (IEEFA) — A report published today by the Institute for Energy Economics and Financial Analytics details how rooftop solar in the Philippines has the potential to lower the cost of power and improve national energy security. The report —  “Unlocking Rooftop Solar in the Philippines” —  notes that the Philippines has some […]

August 20, 2018 Read More →

IEEFA report: Vast potential in India for solar-powered irrigation

Government initiatives seen as ‘steps in the right direction’; Deployment remains slow; A more robust program would help achieve 175-gigawatt renewable energy goal by 2022

Aug. 16, 2018 (IEEFA) — A research brief published today by the Institute for Energy Economics and Financial Analysis (IEEFA) describes how a switch from conventional irrigation-pump systems to solar-powered ones in India would save enormous sums of money and generate income for farmers nationwide. The brief—“India: Vast Potential in Solar-Powered Irrigation”—notes that while the […]

August 16, 2018 Read More →
IEEFA report: India has a new leader in renewable energy

IEEFA report: India has a new leader in renewable energy

Karnataka surpasses Tamil Nadu; Policies encouraging less reliance on imported fuel drive uptake of solar and wind; ‘Clear and rising risk’ in traditional thermal sector

July 24, 2018 (IEEFA) — The Indian state of Karnataka has become the new national leader in renewable energy generation, concludes a report published today by the Institute for Energy Economics and Financial Analysis. Karnataka, which lies along the southwest coast of India and has a population of more than 60 million, had a total of 12.3 […]

IEEFA update: U.K. pension funds lag in renewable energy infrastructure investing

Abundant offerings across a number of markets

LONDON — Local U.K. government pension schemes are gradually increasing their unlisted infrastructure holdings, driven by examples set by trail-blazing funds and by a new government initiative to increase the scale of such investments. But few are investing explicitly in renewable energy, the biggest single segment of infrastructure investment in the world (infrastructure investing involves real […]

July 19, 2018 Read More →
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 […]

More News and Commentary

IEEFA update: Another Texas coal-plant closing, another market signal

IEEFA update: Another Texas coal-plant closing, another market signal

Change continues apace in one of the biggest electricity markets in the U.S.

American Electric Power’s confirmation this week that it plans to close its majority-owned 650-megawatt Oklaunion coal plant in Texas by 2020 may have surprised some people—particularly some policymakers in Washington. The plant is only 31 years old, which is well below the average age for the U.S. coal fleet. And as recently as 2013 it […]

September 28, 2018 Read More →

DOE official: White House still reviewing coal bailout plan

S&P Global Market Intelligence ($): The White House is still reviewing recommendations from the U.S. Department of Energy on how to avoid further premature retirements of coal-fired and nuclear power plants, a DOE official told lawmakers Sept. 27. Karen Evans, assistant secretary of the DOE’s newly formed Office of Cybersecurity, Energy Security and Emergency Response, […]

September 28, 2018 Read More →

FERC chairman vows fuel neutrality on grid resilience

S&P Global Market Intelligence ($): A rapid decline in costs and growing customer demand will continue to drive the expansion of renewable energy, Federal Energy Regulatory Commission member Neil Chatterjee said Sept. 26. As FERC looks at ways to define and value grid resilience, the Republican commissioner vowed that any new FERC policy will be […]

September 27, 2018 Read More →

IEEFA update: As Marubeni distances itself from coal, other industrial behemoths will follow

Growing acknowledgement of climate risk to companies and investors alike

SYDNEY — In distancing itself from coal, Japan’s Marubeni Corp., one of the world’s largest developers of coal-fired power plants, is adding to global momentum away from traditional forms of electricity generation. An announcement earlier this week by the company recognises climate risk as a threat to Marubeni’s business and shareholders and states that—as a […]

September 19, 2018 Read More →
IEEFA update: Indonesia hits the reset button on PLN’s expansion plans

IEEFA update: Indonesia hits the reset button on PLN’s expansion plans

Putting the brakes on a runaway state-owned utility

Currency crises can bring hard truths into focus. That’s the lesson that the many parties who have been feeding off of Indonesia’s power sector expansion must be considering after the announcement earlier this month that 13,374[1] megawatts (MW) of planned new power capacity would be delayed. This cannot have come as a surprise. The warning […]

September 18, 2018 Read More →

Florence undercuts coal, nuclear bailout plans

The Washington Post: Hurricane Florence has blown a hole in the Trump administration’s argument that bolstering nuclear and coal-fired power is essential to providing reliable electricity to homes and businesses, especially during times of crisis, according to energy experts long critical of the plan. For months, the Department of Energy has considered throwing a lifeline […]

September 18, 2018 Read More →

Despite relaxed regs, no comeback seen for closed coal plants

The Herald Bulletin (Indiana): While the implications of the Donald Trump administration’s planned rollback of coal regulation remain unseen, one seems certain: previously shuttered power plants are unlikely to reopen. Coal officials and power companies champion the new Affordable Clean Energy rules announced last month as offering coal-fired plants a temporary reprieve from costly regulations, […]

September 17, 2018 Read More →

Connecticut joins no-more-coal coalition

Hartford Courant: Connecticut will join an international coalition dedicated to ending reliance on traditional coal-fired power plants, Gov. Daniel P. Malloy announced at a San Francisco conference Thursday. The only remaining coal-burning power plant in Connecticut is the Bridgeport Harbor Station. That plant is already scheduled to be shut down by 2021 and be replaced […]

September 14, 2018 Read More →

EPA coal plan not likely to change utility plans—S&P

S&P Global Market Intelligence ($): After years of shying away from building new coal-fired generation, U.S. electric utilities remain cautious about investing in their existing coal fleets, despite the Trump administration’s proposal to roll back Obama-era restrictions on carbon dioxide emissions. Responses from about 20 electric utilities had several common themes: they already completed many […]

September 12, 2018 Read More →

Spanish government looks to reform energy sector

Bloomberg: The Spanish government is exploring ways to persuade investors to finance a 100 billion-euro ($116 billion) transformation of its energy system as it tries to move beyond past policy mistakes that led to widespread losses and lawsuits. The Socialist administration is drawing up plans to expand renewable power generation, modernize its transport system and […]

September 12, 2018 Read More →