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IEEFA Research

IEEFA update: ‘We Want Sun’ report outlines path forward on Puerto Rican electricity policy

Placing sustainability and self-sufficiency ahead of dependency on imported fossil fuels

Oct. 1, 2018 (IEEFA) — The Institute for Energy Economics and Financial Analysis published a report today in concert with a coalition of Puerto Rican public policy organizations, labor organizations and energy experts detailing the island’s largely untapped possibilities in solar-powered electricity generation. The report “Queremos Sol” (“We Want Sun”)—outlines a power-system transformation that would place sustainability and […]

October 3, 2018 Read More →
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 →

More News and Commentary

Clean energy groups, industrials unite in opposition to Minnesota gas plant

Energy News Network: In an unusual convergence of opinion, clean energy groups and large industrial companies are asking Minnesota regulators to block a utility’s investment in a new combined-cycle natural gas power plant. While the groups’ reasons for disapproving the project differ, both camps concluded that Minnesota Power hasn’t done enough to justify its stake […]

October 17, 2018 Read More →

German companies to pursue novel renewables to gas project

Reuters: German power and gas network companies TenneT, Thyssengas and Gasunie Deutschland said they plan to build a 100 megawatt (MW) plant to turn renewable energy into gas for industrial use in the Ruhr region. The plant in Lower Saxony would be the biggest power-to-gas plant (ptg) in Germany and would be connected to the […]

October 17, 2018 Read More →

Tennessee-based Mission Coal files for bankruptcy protection

S&P Global Market Intelligence ($): Mission Coal filed for Chapter 11 bankruptcy protection Sunday with the US Bankruptcy Court for the Northern District of Alabama, according to court filings. The Kingsport, Tennessee-based company, which produces and markets mostly metallurgical coal, was formed in January through a reorganization that combined and consolidated the operations of Seneca […]

October 17, 2018 Read More →

Bangladesh taking steps toward renewable energy goal

Reuters: Bangladesh’s electricity generation from renewable sources has passed the 5 percent mark with the opening of a major new solar plant – boosting hopes the country might meet its goal of getting 10 percent of power from renewables by 2020, experts say. The new 28 megawatt solar power plant in Cox’s Bazar District is […]

October 17, 2018 Read More →

U.K. investment firm teams up with U.S. storage developer

S&P Global Market Intelligence ($): Building on its background developing renewables and natural gas-fired power plants, Chicago- headquartered Hecate Energy joined with London-based investment firm InfraRed Capital Partners to launch a new energy storage joint venture called Hecate Grid LLC that could compete with gas peaker projects in North America. “Energy storage is somewhat of […]

October 17, 2018 Read More →

Internal opposition puts coal bailout on hold

Politico: One of the Trump administration’s major efforts to prop up ailing coal companies has run aground in the White House, a setback to an industry that had hoped for a major resurgence after Donald Trump won the presidency. Energy Secretary Rick Perry has spent more than a year pushing various plans that would invoke […]

October 16, 2018 Read More →

Scottish Power sells fossil assets to focus on wind

The Guardian: Scottish Power has ditched fossil fuels for electricity generation and switched to 100% wind power, by selling off its last remaining gas power stations to Drax for more than £700m. Iberdrola, Scottish Power’s Spanish parent company, said the move was part of its strategy to tackle climate change and would free it up […]

October 16, 2018 Read More →

Interior Secretary Zinke: Military bases could be used for coal exports

Associated Press: The Trump administration is considering using West Coast military installations or other federal properties to open the way for more U.S. fossil fuel exports to Asia in the name of national security and despite opposition from coastal states. The proposal was described to The Associated Press by Interior Secretary Ryan Zinke and two […]

October 16, 2018 Read More →

Green groups take aim at Greek coal plant permits

Reuters: Environmental campaign group ClientEarth has launched a legal challenge seeking to revoke a permit for two coal-fired power plants in Greece, one of which has yet to be built, it said on Monday. ClientEarth said it launched the action with the Greek branches of Greenpeace and the World Wildlife Fund (WWF) because Greece had […]

October 16, 2018 Read More →

First half 2018 coal deliveries to U.S. power plants down sharply

S&P Global Market Intelligence ($): Coal deliveries to U.S. power plants decreased nearly 10% in the first six months of 2018 compared to the year-ago period, reversing the year-over-year growth in the first six months of 2017. According to an S&P Global Market Intelligence analysis of U.S. Energy Information Administration data, U.S. coal producers delivered […]

October 16, 2018 Read More →