Newsletter Daily

IEEFA Research

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: Privatizing Puerto Rico’s Electric Company Would Be an Impediment to Modernization  

Plan Would Hurt Ratepayers and Undermine a U.S. Commonwealth’s Entire Economy

Link to Spanish-language press release April 13, 2018 (IEEFA)— The Legislative Assembly of Puerto Rico would be acting in the public’s best interest by blocking a proposed privatization of the Puerto Rico Electric Power Authority, a new report by the Institute for Energy Economics and Financial Analysis concludes. The report — “Privatization Bill Will Not […]

April 13, 2018 Read More →
IEEFA Update: Push to Keep Navajo Generating Station Alive in Deal With Arizona Water Distributor Is Fraught With Risk

IEEFA Update: Push to Keep Navajo Generating Station Alive in Deal With Arizona Water Distributor Is Fraught With Risk

Research Brief: Regardless of Ownership, Outlook for Southwest U.S. Coal-Fired Electricity Plant Is Bleaker Than Ever

April 11, 2018 (IEEFA) — The Institute for Energy Economics and Financial Analysis published a research brief today that finds the financial outlook for coal-fired Navajo Generating Station is bleaker than it was when the plant’s utility owners announced last year it would be retired in 2019. The plant’s owners—Arizona Public Service Company, the Salt River Project, […]

April 11, 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 Philippines: ‘Opportunities Now to Transform the Nation’s Energy Sector’

A ‘Least-Cost Mechanism’ Would Encourage Modernization

March 16, 2018 (IEEFA) — Rapidly declining costs and technological advances in renewable energy, liquefied natural gas (LNG), energy efficiency, and storage are creating an “enormous opportunity” for greater use of cheaper electricity-generation domestic alternatives to imported coal and diesel in the Philippines, concludes a new research brief published by the Institute for Energy Economics and […]

March 16, 2018 Read More →

IEEFA Report: Puerto Rico Can Get 40% of Its Electricity From Renewables by 2028

Transition Will Require Modernization of Generation, Transmission, and Distribution as Well as Strong Regulatory Oversight

March 1, 2018 (IEEFA) — The Institute for Energy Economics and Financial Analysis published a report today describing how Puerto Rico can get 40 percent of its electricity from renewable resources by 2028. The report, published with the Puerto Rico Institute of Competitiveness and Sustainable Economy (ICSE-PR), sees the U.S. commonwealth relying on renewables for 50 percent […]

IEEFA Update: How Will Westmoreland Coal’s Deepening Spiral End?

IEEFA Update: How Will Westmoreland Coal’s Deepening Spiral End?

Disappearing Market Capitalization and Unsustainable Debt

We’ve just published a research brief of interest to any person, community, business, or investor with ties to Westmoreland Coal Co. The brief—“Westmoreland Coal Is in Trouble”—lays out how the company, which produces coal for electricity generation, is hobbled by debt, is losing customers, has suffered a catastrophic drop in stock price, and appears to […]

February 16, 2018 Read More →

IEEFA Report: ‘Here and Now’ — Nine Electricity Markets Leading the Transition to Wind and Solar

California, Denmark, Germany, Ireland, South Australia, Spain, Tamil Nadu, Texas, and Uruguay; Breakneck Speed Is Overtaking Academic Discussion; Renewables Are Providing Security of Supply

Feb. 14, 2018 (IEEFA) — New research by the Institute for Energy Economics and Financial Analysis details how nine major power markets around the world have achieved an outsize share of wind and solar generation while assuring security of supply and are providing compelling examples of the fast-moving evolution of electricity generation. The report, “Power-Industry […]

February 15, 2018 Read More →
IEEFA India: Tamil Nadu, Population 72 Million, Emerges as a National Transition Model

IEEFA India: Tamil Nadu, Population 72 Million, Emerges as a National Transition Model

A Potential Doubling in Wind Power by 2027 and Six-Fold Increase in Solar

Feb. 7, 2018 (IEEFA) — New modelling by the Institute for Energy Economics and Financial Analysis (IEEFA) finds the Indian state of Tamil Nadu capable of doubling its wind energy capacity by 2027 and increasing its solar capacity six-fold. In a report published this week—“Electricity Transformation in India: A Case Study of Tamil Nadu”—IEEFA sees […]

February 7, 2018 Read More →
IEEFA New Mexico: Ratepayer Risk Seen in Utility’s Entanglements With Westmoreland Coal

IEEFA New Mexico: Ratepayer Risk Seen in Utility’s Entanglements With Westmoreland Coal

The Company That Supplies the Failing San Juan Generating Station Is in Deep Financial Peril

Feb. 2, 2018 (IEEFA) — An energy-market expert for the Institute for Energy Economics and Financial Analysis has filed an affidavit in support of a New Mexico group that is asking the state’s utility commission to investigate ratepayer risk in the financial relationship between Public Service Company of New Mexico and Westmoreland Coal Co. A […]

February 2, 2018 Read More →

More News and Commentary

First Utility-Scale Solar Project Planned In North Dakota

The Bismarck Tribune: Geronimo Energy plans to build a 200-megawatt solar project in rural Cass County that would span 1,600 acres and reduce carbon dioxide emissions equivalent to taking 50,000 cars off the road every year. The $320 million Harmony Solar Project would be built in Harmony Township, which is near the Bison substation west […]

April 24, 2018 Read More →

EVs Take Center Stage at China Auto Show

Associated Press: BEIJING—The biggest global auto show of the year showcases China’s ambitions to become a leader in electric cars and the industry’s multibillion-dollar scramble to roll out models that appeal to price-conscious but demanding Chinese drivers. Auto China 2018, which opens this week, follows Beijing’s decision to allow full foreign ownership of Chinese automakers […]

April 24, 2018 Read More →

Lockheed Takes Aim at Storage Market With New Battery

Reuters: Lockheed Martin Corp hopes to launch a new “flow” battery made of inexpensive, nontoxic materials that can help utilities save money and use more renewable energy, company officials said on Monday. “You open up a chance not only to make renewables more marketable and more useful, you might even change the structure of at […]

April 24, 2018 Read More →

Wells Fargo Makes $200 Billion Pledge to Renewable Energy, Green Projects

BusinessGreen: Wells Fargo & Company has announced plans to provide $200 billion in financing towards sustainable businesses and green projects by 2030, in addition to improving transparency and carbon risk reporting across its own accounting and lending practices. The U.S. banking giant said more than $100 billion of its commitment was earmarked for clean technology, […]

April 24, 2018 Read More →

NextEra, FPL Continue Major Solar Expansion

PV Magazine: While power sector holdouts such as FirstEnergy get headlines by pushing for disingenuous regulatory changes in a vain attempt to make the future look like the past, many U.S. power companies are seeing the light in the low and predictable costs of large-scale wind and solar. One of the leaders in this regard […]

April 24, 2018 Read More →

Delisting Will Move Westmoreland Coal Step Closer to Bankruptcy, Analysts Say

Bloomberg ($): Ailing Westmoreland Coal Co., one of the nation’s biggest coal producers, will be delisted from the Nasdaq Stock Market April 25. That step will spook investors and nudge Westmoreland a step closer to bankruptcy, analysts said. If that happens, environmentalists fear there won’t be enough money left to pay for cleaning up the […]

April 24, 2018 Read More →

Florida Regulators Pave Wave for Major Solar Expansion

Tampa Bay Times: State regulators Friday determined that one of the country’s largest residential solar companies, San Francisco-based Sunrun, is allowed to lease solar energy equipment for homes in Florida. The decision, solar energy advocates say, could open the door to making solar more widely available throughout Florida. “Residential equipment leasing makes solar more attractive […]

April 23, 2018 Read More →

European Investment Bank Looks to Expand Green Bond Market With New Sustainable Product

Reuters:  LONDON—The EIB banker dubbed the “mother” of the green bond has a new baby on the way — a “sustainability” bond the proceeds of which will be used in a range of well-meaning areas from clean water and sanitation to education and health. Eila Kreivi is head of capital markets at the European Investment […]

April 23, 2018 Read More →

FirstEnergy Bailout Plea Faces Opposition From Within Trump Administration

Bloomberg: A bankrupt power generator’s plea for President Donald Trump to help save money-losing power plants has drawn opposition from key administration officials, slowing action on the proposal, according to two people familiar with the deliberations. FirstEnergy Solutions Corp. asked the Trump administration last month to immediately declare a grid emergency and guarantee profits for […]

April 23, 2018 Read More →

Renewables, Energy Efficiency Cut Into GE’s Profits

S&P Global Market Intelligence ($): General Electric Co.’s power segment continues to be the company’s “biggest challenge” in 2018, but the company’s chief communications officer dismissed the notion that the industrial giant was slow to take on the renewable energy market. GE Power’s segment profits were $273 million for the first quarter of 2018, down 38% […]

April 23, 2018 Read More →