IEEFA In the News

IRENA: Renewables to Hit Cost Parity With Fossil Fuels by 2020

January 16th, 2018

The Daily Pioneer (New Delhi): For new projects commissioned in 2017, electricity costs from renewable power generation have continued to fall significantly compared to the fossil fuels, according to a new report from the International Renewable Energy Agency (IRENA). It estimates onshore wind is now routinely commissioned for $0.04 per kilowatt hour (kWh). The current […]

January 16, 2018 Read More →

On The Blogs: Japan To Propose Offshore Wind Development Rules

January 12th, 2018

Offshore Wind Biz: The Japanese government will submit a bill on offshore wind development to the National Diet on 22 January, according to Japan Times. Given that Japan does not have unified rules for offshore wind operations, the bill would bring more clarity within the industry as it specifies the rules. If the bill gets […]

January 12, 2018 Read More →

China Takes Lead In New Energy Economy, IEEFA Report Shows

January 10th, 2018

The Guardian: China is moving toward becoming a global leader in renewable technology as the U.S. pulls away, a new report has said. China is the world’s biggest emitter of greenhouse gases and still invests in coal but in recent years it has become the largest investor in domestic renewable energy. The country is now on track to […]

January 10, 2018 Read More →

Puerto Rico Oversight Board’s Announcement Promoting Four Infrastructure Projects is ‘Fiscally Irresponsible’

January 9th, 2018

Bond Buyer: The Puerto Rico Oversight Board said it was focusing on four key energy projects for expedited permitting as the island looks to restore its economy and infrastructure. “Hurricanes Irma and Maria have demonstrated beyond any doubt Puerto Rico’s dire need to revamp and upgrade its electrical energy infrastructure,” said the board’s revitalization coordinator […]

January 9, 2018 Read More →

IEEFA Op Ed: Cuomo Is Right on Fossil Fuel Divestment

Oil Stocks are Not the Reliable Performers They Used to Be; Divestment Would Improve Pension Fund Portfolios

January 4th, 2018

Gov. Andrew Cuomo has taken a big, bold step in the fight against global warming, calling for the state pension fund to divest from oil and gas stocks. It’s also a fiscally prudent step, protecting both the state pension fund and the state budget. Retirees needing financial security, young people facing a chaotic climate, and […]

January 4, 2018 Read More →

India Charts New, Cleaner Course For Energy Sector

January 4th, 2018

Power: It is estimated that nearly 240 million Indians currently do not have access to electricity. In many cases that also means a lack of access to adequate health care or educational opportunities. It is no surprise that, as nations have done throughout history, to solve its energy poverty problem, India turned to fossil fuels. […]

January 4, 2018 Read More →

FirstEnergy’s Pleasants Plant Deal would Hurt Competitiveness in West Virginia

January 2nd, 2018

West Virginia Gazette Mail: As Mon Power and Potomac Edison await approval to buy a Pleasants County power plant, an analysis backed by opposition parties says manufacturers, schools and hospitals in West Virginia will have to pay about $230 million more on their utility bills over 15 years if the deal goes through. Technical consultant […]

January 2, 2018 Read More →

After Maria, Puerto Ricans Seek Reliability in Solar Power + Batteries

January 2nd, 2018

Washington Examiner: About 55 percent of Puerto Rico’s 3.5 million residents have power more than 100 days after Hurricane Maria pummeled the island, leading to the largest blackout in U.S. history. As crews work to restore power for the entire territory, a task that could last into May, the energy industry and other stakeholders are […]

January 2, 2018 Read More →

How Federal Giveaways to Big Coal Leave Ranchers and Taxpayers Out in the Cold

December 29th, 2017

InsideClimate News: Since coal mining took off there 40 years ago, investigations by federal agencies and independent analysts have repeatedly shown that the leasing process shortchanges taxpayers. The first two coal leases sold in 1982 “were legally suspect and publicly criticized for not receiving fair market value,” leading to a major Congressional inquiry, Squillace wrote […]

December 29, 2017 Read More →

Four Major Environmental Debates of 2017

December 29th, 2017

The Hill: Natural Disasters A series of natural disasters hit the U.S. this year, including Hurricanes Harvey, Irma and Maria. These storms ravaged and flooded Texas, Florida and the U.S. Virgin Islands, while also leaving areas of Puerto Rico without power for months. Ahead of the storm, former FEMA director Michael Brown cautioned a powerful […]

December 29, 2017 Read More →