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IEEFA Research

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New EU emissions regulations raise compliance issues at PGE; Outdated business model may cost billions; ‘An accelerated deployment of renewables’ makes more sense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 […]

IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

Rapid Cost Deflation, Broad Gains in Scale; Key Momentum in China and India; Crucial Support From International Capital Markets and Tech Giants; Expansion Role Seen for National Governments

May 21, 2018 (IEEFA.org) – A report published today by the Institute for Energy Economics and Financial Analysis describes how solar energy is accelerating the transformation of the global electricity-generation sector through gains in technology innovation and price deflation. The study—“Solar Is Driving a Global Shift in Energy Markets”—details some of the world’s biggest utility-scale […]

IEEFA Indonesia: Coal-Centric State Utility Will Likely Raise Rates by 2020

IEEFA Indonesia: Coal-Centric State Utility Will Likely Raise Rates by 2020

‘New Level of Risk’ Seen in Investing in Outdated Power Generation

May 14, 2018 (IEEFA) — Indonesia’s state-owned utility may raise electricity tariffs to offset its growing costs, concludes an investment-research memo published today by the Institute for Energy Economics and Financial Analysis. The memo—“PLN’s Coal IPP Funding Gap Suggests Tariffs Must Rise in 2020”—comes as the utility plans to bring a more than $1 billion debt […]

IEEFA Update: 2 Out-of-State Potential Navajo Generating Station Buyers Face Long Odds

Research: 6 ‘Insurmountable’ Risks in Keeping Plant Open Beyond 2019

A research brief published today by the Institute for Energy Economics and Financial Analysis details six business risks that would likely prevent the Navajo Generating Station (NGS) from remaining a viable operation if it is kept open after its scheduled retirement at the end of 2019. The memo comes as talks have surfaced with potential […]

April 26, 2018 Read More →
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 →

More News and Commentary

Daimler uses old coal plant for new energy storage facility

Electrek: Daimler, through its subsidiary Mercedes-Benz Energy and with partners, is turning a coal power plant into a large energy storage facility using over a thousand modules from its electric car battery packs. Like Tesla and its Tesla Energy division, Mercedes-Benz is leveraging its experience with battery packs for electric cars into making stationary energy […]

June 21, 2018 Read More →

India expands offshore wind development effort

Recharge: The Indian government set 5 GW and 30 GW offshore wind targets after an initial expressions of interest process (EOI) attracted a roll-call of global industry players including sector leader Orsted, a clutch of European utilities, local groups ReNew Power and Suzlon, and oil majors Equinor and Shell. The country’s Ministry of New and […]

June 21, 2018 Read More →

Nevada to vote on 50% renewable energy requirement

PV Magazine: If at first you don’t succeed, go directly to the people. More than eight months after Nevada Governor Brian Sandoval (R) vetoed a bill that would have increased Nevada’s renewable energy mandate to 40% by 2030, clean energy advocates have succeeded in getting enough signatures to bring an even more ambitious mandate directly […]

June 21, 2018 Read More →

German firms plan renewable friendly power-to-gas storage

Reuters: FRANKFURT—Major German power and gas grid firms Amprion and Open Grid Europe (OGE) unveiled plans on Wednesday to jointly build large power-to-gas (ptg) plants next decade, seeking to harness a new technology to help store and transport renewable energy. The two said they had presented the proposals to Germany’s energy regulator, the Federal Network […]

June 20, 2018 Read More →

South Korea moving forward with offshore wind projects

Greentech Media: Renewable energy development behemoth Macquarie is eyeing a floating turbine project in South Korea as interest in offshore wind grows across the Asia-Pacific region. The developer is reportedly partnering with South Korea’s Gyeongbuk Floating Offshore Wind Power for a 1-gigawatt project located around 30 miles from Pohang and Ulsan.  Robert Liew, senior analyst […]

June 20, 2018 Read More →

Oil and gas industry: Coal plants no more secure than pipelines

Houston Chronicle: More than 300,000 miles of natural gas transmission lines crisscross the United States, fueling electricity and industrial plants and heating homes, while also providing an alluring target for hackers looking to disrupt the American economy. Now those pipelines are at the center of a debate in Washington about the future of the power […]

June 20, 2018 Read More →

Industry data show widespread contamination from coal ash

West Virginia Public Radio: For generations, coal power has fueled American prosperity. But for each shovelful thrown into the furnaces, a pile of ash was left in its place. Today, as coal’s dominance in the power sector wanes, those piles of ash have grown into mountains as coal ash became one of the largest waste […]

June 20, 2018 Read More →

Commentary: Stock analysis shows fossil fuel divestment will not undercut fund performance

Grantham Foundation: I have met more investment committees than I care to think about. Perhaps a couple of thousand. There is a no more conservative group on the planet than an investment committee. You could be forgiven for thinking that if you cough at an investment committee they will think they are ruined! So if […]

June 20, 2018 Read More →
IEEFA op-ed: Latest Puerto Rico utility privatization plan is as flawed as the original
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IEEFA op-ed: Latest Puerto Rico utility privatization plan is as flawed as the original

In its version of a bill to privatize the Puerto Rico Electric Power Authority, the Puerto Rico legislature has improved some on Governor Ricardo Rosselló’s original proposal, but lawmakers are ultimately failing the Puerto Rican people every bit as badly as Rosselló has. We’ve criticized the governor’s original privatization proposal for essentially aiming to set […]

Australia’s Windlab Ltd. to build Tanzania’s first wind farm

The East African: Tanzania has licensed a subsidiary of Australia’s Windlab Ltd to build 300 MW Miombo Hewani wind farm in the central part of the country. Windlab said the project will be undertaken in phases with the initial part using up $300 million for 100 MW comprising up to 34 wind turbines and a […]

June 19, 2018 Read More →