Natural Gas

IEEFA Research

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 Analysis: The Economic Frailties and Rickety Finances Behind the Dakota Access Pipeline

IEEFA Analysis: The Economic Frailties and Rickety Finances Behind the Dakota Access Pipeline

Shippers Are in a Position Now to Renegotiate Contracts; Oil Prices Have Tanked Since Deals Were Signed; Long-Term Outlook for Project is Deeply Uncertain

Construction of the Dakota Access Pipeline has sparked considerable public controversy, bringing national attention to issues that include tribal sovereignty and risks to drinking water. Less publicized are the project’s financial weaknesses, and the fact the pipeline may represent a substantial overbuilding of the Bakken’s oil-transport infrastructure. The report that we released today in partnership […]

November 16, 2016 Read More →
IEEFA ‘Pipe Dream’ Report Questions Rationale for North East Gas Interconnector in Australia

IEEFA ‘Pipe Dream’ Report Questions Rationale for North East Gas Interconnector in Australia

A Financially Weak Pipeline Project Hampered by a Global Glut in Liquefied Natural Gas

We’re publishing a report today questioning the economics and financial footing of the proposed $800 million North East Gas Interconnector (NEGI) in Australia. The report—“Pipe Dreams: A Financial Analysis of the Northern Gas Pipeline”—also examines the implications of awarding an unregulated monopoly over the pipeline to Jemena, a Singaporean and Chinese government-owned company, via State […]

Two Pipeline Expansion Projects in Appalachia Indicate a Rush Toward Overbuilding

Two Pipeline Expansion Projects in Appalachia Indicate a Rush Toward Overbuilding

Mountain Valley and Atlantic Coast Pipelines Pose Risk to Ratepayers, Communities, and Investors

We’ve published a report today that concludes that two natural gas pipelines proposed for construction from West Virginia into Virginia and North Carolina are indicative of a rush toward industry overbuilding. The study, “Risks Associated With Natural Gas Pipeline Expansion Across Appalachia,” examines the proposed Mountain Valley Pipeline, which would traverse West Virginia into eastern […]

April 27, 2016 Read More →

More News and Commentary

Cayuga coal plant in New York plans natural gas conversion

The Lansing Star: Cayuga Operating Company announced today that they have submitted applications to allow them to close a 155 megawatt coal-fired burner in order to repower it with natural, and that plans are still in motion to construct an 18 megawatt, 75 acre solar farm on its 434-acre site in northwest Lansing, making it […]

June 22, 2018 Read More →

Trump tariffs threaten Chinese investments in West Virginia energy sector

Pittsburgh Post-Gazette: Brian Anderson was hoping not to be alone at the podium at the Westin Convention Center on Monday morning. He was hoping to be flanked by officials from China Energy Investment Corp. and to watch the crowd’s eyes widen as the CEO of the Chinese giant announced its first few projects in the […]

June 19, 2018 Read More →

Charts of the Day: A reversal of historical fortune for coal-fired electricity

Associated Press: Coal’s share of the world’s electricity mix was about 38 percent in 1997, and in 2017 it was about … 38 percent. Fossil fuels overall have actually increased their share, from 63 percent to 65 percent. Not exactly what folks in Paris or (even further back) Kyoto had in mind. When it comes […]

June 14, 2018 Read More →

IEEFA Update: How Gas and Oil Companies Are Starting to Look Like the Yellow Pages (Remember Those?)

Nine Lessons: What Fossil-Fuel Executives Can Learn From an Industry’s Failure to Adapt

Will the oil and gas industry go the way of the Yellow Pages? Not immediately. But huge industries can decline faster than anyone might imagine, as seen in the classic and cautionary fall of the Yellow Pages. I know because I was there. As a board member some years ago of the national Yellow Pages […]

Tampa Electric to Convert Big Bend Coal Plant

Tampa Bay Times: Tampa Electric Co. is taking a big step away from coal. The Tampa-based utility is spending $853 million to convert its coal-fired Unit 1 at its Big Bend Power Station to natural gas and retire coal-fired Unit 2 in 2021. Five workers died in June 2017 after performing a known-to-be-dangerous maintenance procedure […]

May 25, 2018 Read More →

Michigan’s Presque Isle Coal Plant to Close in 2020

The Mining Journal: The Presque Isle Power Plant is on track to close in 2020, officials say. The closing date of the coal-fired plant was confirmed at the Upper Peninsula Energy Summit Wednesday at Northern Michigan University. The facility will be replaced by two new natural gas-fueled power plants in Marquette and Baraga counties to […]

May 25, 2018 Read More →

Australian Tax Office Studying Financing of Northern Gas Pipeline

Australian Broadcasting Corporation: The Australian Tax Office is investigating the Chinese-Singapore-owned company building the Northern Gas Pipeline from the Northern Territory to Queensland over how the project is being financed. In its latest financial report, released last month, Jemena’s parent company SGSP Assets Pty Ltd revealed: “The Australian Tax Office is currently conducting a transfer […]

May 25, 2018 Read More →
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IEEFA Update: New Oil Price Volatility Will Help Drive Transition From Fossil Fuels

U.S. Reversal on Iran Creates Market Disruptions That Affect Consumers, Investors and Whole Countries

Oil prices were already on the rise from strong economic growth, rising demand and OPEC supply cuts when political intervention in the markets via the Trump administration’s decision last week to abandon the Iran nuclear deal sent prices to almost $80 per barrel—or a half a mile from heaven—for Saudi Arabia, Russia, the United Arab […]

Indianapolis Utility Continues Shift Toward Gas and Renewables

Platts: The startup of Indianapolis Power & Light Company’s Eagle Valley combined-cycle natural gas plant marks a shift toward gas as the utility’s largest power generation source, replacing coal, the company said Monday. “Our future is focused on accelerating cleaner, smarter and affordable options for our customers and we are proud of the efforts we’ve […]

May 15, 2018 Read More →

Report: U.K. Can Go Straight From ‘Coal To Clean’

The Guardian: The U.K. has no need to build new large gas-fired power stations to replace the coal plants that the government has pledged to switch off by 2025, the World Wide Fund for Nature has argued. The gap can instead be filled by renewables, battery storage and flexible technologies, allowing the U.K. to go […]

May 14, 2018 Read More →