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IEEFA Research

IEEFA Arizona: Fast-Track Opportunities Now in Navajo Community-Driven Solar Electricity Generation

IEEFA Arizona: Fast-Track Opportunities Now in Navajo Community-Driven Solar Electricity Generation

Strategically Situated Tribal Lands at the Heart of the American Sunbelt Hold Crucial Market Advantages; Prudent Development Strategies Will Benefit, Protect, and Profit Local People

Jan. 3, 2017 — Locally owned utility-scale solar electricity generation offers Navajo communities an immediate generational economic-development opportunity, concludes a research brief published by the Institute for Energy Economics and Financial Analysis (IEEFA) and DinéHózhó. The report— “Window of Opportunity: Navajo Solar—A Fast-Track Community-Driven Development Approach” — details how transformative changes in the U.S. electric utility […]

December 22, 2017 Read More →
IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

An Acceleration to Renewables, Faster-Than-Expected Shifts Regionally and Nationally, Growing Risk for Investors Who Lag Behind

Three notable takeaways emerge from the rapid transformation of the global energy economy, as we detail in a new paper we published today as the landmark Paris Agreement officially goes into effect. The global transition to renewables is accelerating. Change is happening faster than expected. Those left behind in this transition face growing financial risk. […]

November 5, 2016 Read More →

IEEFA Exxon: Telltale Crossover in Late 2014 Marks Where a Major Oil Stock Began to Go South

A Decoupling From the Larger Stock Market 2 Years Ago Portends a Future in Which the World’s Biggest Oil Company Will Be Smaller and Will Not Pay Out as Much in Shareholder Distributions

The world is moving in fits and starts but with gathering momentum toward a more diversified, low-carbon energy mix. The evidence is all around us. One exhibit, of many, is in the report we published this week—“Red Flags on Exxon: A Note to Institutional Investors”—which includes the chart here: ExxonMobil Financial Performance, 2006 – 2015 […]

October 27, 2016 Read More →
IEEFA Report: Red Flags on ExxonMobil: Core Financials Show a Company in Decline

IEEFA Report: Red Flags on ExxonMobil: Core Financials Show a Company in Decline

Potentially Irreversible Slide; Falling Revenues, Rising Debt, Shrinking Capex, Weak Cash Balances Add to Growing Reputational Risk Tied to Climate-Change Controversy; ; Institutional Investors Owe Their Shareholders a Fiduciary Review

CLEVELAND, Oct. 26, 2016 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis (IEEFA) published a report today that indicates deep financial weaknesses at ExxonMobil (XOM) and suggests the company is in potentially irreversible decline. The report—“Red Flags on ExxonMobil (XOM)”—by IEEFA Director of Finance Tom Sanzillo, cites key metrics that include a 45 […]

October 26, 2016 Read More →

IEEFA Global: A $51 Billion Gap (and a $51 Billion Opportunity) in BRICS Nations’ Renewable Energy Development

How to Meet the Goal? Through "Blended Finance" Where Public Funds Unleash Private Money

Here, in one chart, is an IEEFA picture worth a thousand words. While some $130 billion was invested last year in renewable-energy development in the BRICS countries—Brazil, Russia, India, China, and South Africa—billions more are required if these countries are to meet their commitments to climate-change mitigation policies. The four countries, in all, have announced […]

October 17, 2016 Read More →
IEEFA Europe: Blueprint for a Lignite Phase-Out in Germany

IEEFA Europe: Blueprint for a Lignite Phase-Out in Germany

Foundation-Based Approach to Closure and Clean-Up; New Czech Owners of Vattenfall Assets in Lausitz Can Afford to Foot the Bill; a Timeline That Helps Local Communities Prepare for Transition

The recent “sale” by the Swedish state-owned utility Vattenfall of its German lignite assets throws a harsh light on a dark paradox: the continued use of the world’s most carbon-intensive fuel by a country with some of the most ambitious targets to tackle climate change. The deal transfers a cluster of lignite mines and their […]

September 22, 2016 Read More →
IEEFA Texas: The Beginning of the End for Coal-Fired Electricity Across One of the Biggest Power Markets in the U.S.

IEEFA Texas: The Beginning of the End for Coal-Fired Electricity Across One of the Biggest Power Markets in the U.S.

Report Finds Seven Plants Emblematic of a Fading Industry

We published a research report today describing how the coal-fired electricity industry in Texas is in decline and unlikely to recover in the face of rising competition from other energy sources. Our report—“The Beginning of the End: Fundamental Changes in Energy Markets Are Undermining the Financial Viability of Coal-Fired Power Plants in Texas”—looks specifically at […]

September 12, 2016 Read More →
IEEFA Report: A Cynical Re-Regulation Strategy in West Virginia

IEEFA Report: A Cynical Re-Regulation Strategy in West Virginia

FirstEnergy’s Machinations Around the Pleasants Power Station Are Designed to Shift Risk to Ratepayers

In seeking to get the West Virginia Public Service Commission to allow it to sell all or a portion of its Pleasants Power Station, Ohio-based FirstEnergy Corp. is following a strategy of re-regulation that stands to benefit shareholders at ratepayer expense. The coal-fired 1,300-megawatt Pleasants plant is currently owned by a FirstEnergy deregulated subsidiary, Allegheny […]

September 8, 2016 Read More →
IEEFA Ohio: Damn Tradition, Bailouts Are Where It’s At

IEEFA Ohio: Damn Tradition, Bailouts Are Where It’s At

Update: FirstEnergy Piles Insult Onto Billions of Dollars in Injury by Threatening to Move Its Headquarters From Akron

Call me old-fashioned, but I’ve always thought investor-owned electric utilities were set up to provide power to consumers who paid for what they got.    In states where electricity is deregulated, utility companies compete for customers—just like any other business does. And in states where utilities are regulated, public-utility commissions determine how rates are set […]

August 24, 2016 Read More →
IEEFA Report: India Clings to Questionable Ultra Mega Power Plant Plans

IEEFA Report: India Clings to Questionable Ultra Mega Power Plant Plans

Viability Issues Continue to Complicate New Coal-Fired Projects

We’ve published a report today noting that while India has undergone an admirable energy-policy shift over the past few years, it is clinging unwisely to plans to build two costly coal-fired Ultra Mega Power Plants. Our report—“India’s Questionable Ultra Mega Power Plans”— details how these UMPP projects stand in jarring contrast to better-advised initiatives that […]

August 3, 2016 Read More →

More News and Commentary

India’s NTPC cancels plans for massive coal plant

The Hindu: In a big blow to the development of North Andhra, four mega projects sanctioned for Visakhapatnam including the 4×1000 MW ultra-modern power project by the NTPC at Pudimadaka have been shelved due to various reasons. Touted as the largest single investment after formation of Sunrise Andhra Pradesh, the NTPC project was dropped on […]

June 22, 2018 Read More →

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 →

New York offers $350 million to speed energy storage installations

Renewables Now: New York governor Andrew M Cuomo on Thursday unveiled a roadmap with a set of recommendations aimed at facilitating the state in reaching its goal of deploying 1,500 MW of energy storage by 2025. The comprehensive plan is part of the measures addressed towards fighting climate change, improving power grid resilience and enhancing the […]

June 22, 2018 Read More →

Orsted, Northland Power win big in first Taiwan offshore wind auction

Recharge: Global pacesetter Orsted emerged as the big winner in Taiwan’s first offshore wind auction, winning 920 MW in a competitive process that awarded 1.66 GW and followed May’s allocation by the country of an initial 3.84 GW. Orsted said its winning price across the two projects in the Changhua region was TWD2,548/MWh, equivalent to […]

June 22, 2018 Read More →

Largest Southeast Asia solar plant to be built in Vietnam

Nikkei Asian Review: BANGKOK—The power generating arm of Thailand’s oldest industrial conglomerate, B. Grimm, has partnered with Vietnamese construction firm Xuan Cau to develop the largest solar power plant in Southeast Asia at a cost of $420 million. B. Grimm Power Public Company CEO Preeyanart Soontornwata said the deal was inked last week in Bangkok, witnessed […]

June 22, 2018 Read More →

Column: Coal optimism in Australia hides unease about long-term problems

Reuters: BRISBANE—Coal miners supplying Asia’s rapidly growing economies have plenty to be optimistic about as prices and demand appear robust, but they should be wary of getting caught up in the positive feedback loop that nearly destroyed them before. This week’s inaugural Energy Mines and Money conference in Brisbane, the heartland of the industry in […]

June 22, 2018 Read More →

Regulators likely to require more climate risk disclosure from Australian coal firms

Australian Financial Review: ASX-listed companies with high carbon exposures—such as Whitehaven Coal, Yancoal and New Hope Group—will have to ramp up their climate risk disclosures from the brief mentions in past financial statements. Minter Ellison climate lawyer Sarah Barker told The Australian Financial Review that Australian Securities and Investments Commission member John Price’s speech on […]

June 21, 2018 Read More →

Puerto Rico moves forward with utility privatization

NBC News: Puerto Rico is officially moving to privatize and upgrade its outdated power grid exactly 9 months after it was flattened by Hurricane Maria. At a press conference on Wednesday, Governor Ricardo Rosselló signed into law the approved legislation that allows parts of the Puerto Rico Electric Power Authority—known as PREPA in English and […]

June 21, 2018 Read More →

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 →