IEEFA In the News

News highlights from India’s solar industry 2019

February 7th, 2019

Mercom India: After 72 years of attaining independence, Leh and Kargil are finally connected to the national electricity grid. The demand for electricity in India is expected to continue its rise along with economic growth. But India’s grid infrastructure is not keeping pace with power generation additions, making micro and mini grids an important piece of the […]

February 7, 2019 Read More →

IEEFA update: Even as forecasts signal decline in global thermal coal markets, Australia courts new mines

February 6th, 2019

pv magazine: Australia continues to blindly court local and multinational mining companies with one of the largest untapped thermal coal deposits in the world, despite the global pipeline of new coal-fired power plants continuing to shrink and global warming becoming blatantly obvious due to extreme record-breaking weather events. Beneath the Galilee Basin in Central Queensland, […]

February 6, 2019 Read More →

Coal Comeback? Coal at new low after two years under Trump

February 4th, 2019

WKU|npr: It’s been two years since President Donald Trump took office and began rolling back environmental regulations on the coal industry. At a November rally in Huntington, West Virginia, the president took credit for a coal comeback in front of a cheering crowd. “We’ve ended the war on beautiful, clean coal and we’re putting our […]

February 4, 2019 Read More →

IEEFA says privatizing P.R. Electric Power Authority is not the answer

February 1st, 2019

News Is My Business: Puerto Rico’s electricity consumers will pay unreasonably high rates if plans to privatize the Puerto Rico Electric Power Authority move forward. The IEEFA analysis, “PREPA Privatization Will Hurt Consumers and Slow Economic Recovery,” recommends reforming the public model as more reliable, affordable, and sustainable both financially and environmentally. If the proposed […]

February 1, 2019 Read More →

A Kentucky city transitions from coal, minus the doom and gloom

January 22nd, 2019

Energy News Network: Unyielding trends in new technology, rising production costs, and pollution reduction rules required OMU to take a close look at Elmer Smith. Despite the allegiance to coal expressed by OMU’s senior staff, many of whom spent part of their careers at Elmer Smith, the utility gradually accepted the results of its review, […]

January 22, 2019 Read More →

Colorado power companies bet big on net-zero emissions as state debates 100% renewable energy future

January 22nd, 2019

Colorado Sun: CCS costs $60 a megawatt-hour (MWh), according to the U.S. Department of Energy. The current cost of coal-fired generation is around $30 a MWh. The Institute of Energy Economics and Financial Analysis, a nonprofit energy think tank, calculated that the cost of the two would be $96 a MWh. Even with projected declines […]

January 22, 2019 Read More →

China spends $36bn on coal-fired power despite emissions goals

January 22nd, 2019

Financial Times: China financed more than a quarter of all coal plants announced outside the country last year according to a new report, putting its clean energy image at risk as Chinese institutions fund coal-fired projects in emerging markets.  Chinese institutions last year provided $36bn of financing for coal plants outside the country, 26 per […]

January 22, 2019 Read More →

China firms funding coal plants offshore as domestic curbs bite – study

January 22nd, 2019

Reuters: China has become a key backer for coal-fired power globally, funding more than a quarter of all new plants being developed outside its borders even as it clamps down on the polluting fuel at home, a study published on Tuesday said. The top destinations are Bangladesh, Vietnam, South Africa and Pakistan, and about a […]

January 22, 2019 Read More →

Coal economics face low-cost wind, solar reality in Pakistan

January 18th, 2019

Bloomberg: When a giant infrastructure project in an emerging country doesn’t make sense these days, you can usually count on China’s Belt and Road to be on hand with a bailout check. For the global coal industry, that prospect has been one of the last great hopes for demand growth. Chinese policy banks have committed […]

January 18, 2019 Read More →

New York governor hops on Green New Deal bandwagon

January 18th, 2019

Brinkwire: The announcement makes it clear Cuomo hopes to revolutionize the state’s transportation, building, and electric sectors. This means ramping up offshore wind energy production to 9,000 megawatts by 2035 and funding energy storage projects, per the Institute for Energy Economics and Financial Analysis. It also means a $10 billion investment in clean water infrastructure, […]

January 18, 2019 Read More →