IEEFA Research

IEEFA Brief: U.K. Government at Risk in Over-Budget Nuclear Project That Stands Incomplete

IEEFA Brief: U.K. Government at Risk in Over-Budget Nuclear Project That Stands Incomplete

A Sensible ‘Plan B’ for Hinkley Point C Project in Somerset Would Avoid Extending Public Loan Guarantees

Oct. 16, 2017 ( — A research brief published today by the Institute for Energy Economics and Financial Analysis cautions the U.K. government against investing further in an unfinished nuclear project on the Bristol Channel in southwest England. The brief — “A Half-Built, High-Priced Nuclear White Elephant: How Should the U.K. Proceed With This Troubled […]

October 16, 2017 Read More →
India’s Plan to Build 12 New Nuclear Reactors Is Fraught With Risk

India’s Plan to Build 12 New Nuclear Reactors Is Fraught With Risk

Projects at Kovvada and Mithi Virdi Are Not Economically or Financially Viable

We’ve just published a report that explores what we believe are unacceptably high risks and costs of the Indian government’s proposal to build 12 new nuclear reactors. Our study, “Bad Choice: The Risks, Costs and Viability of Proposed U.S. Nuclear Reactors in India,” finds the plan, which would put six reactors each at Kovvada and […]

Report: FirstEnergy Seeks a Subsidized Turnaround

Report: FirstEnergy Seeks a Subsidized Turnaround

FirstEnergy: A Major Utility Seeks a Subsidized Turnaround (pdf) By Tom Sanzillo, Director of Finance and Cathy Kunkel, Fellow Institute for Energy Economics and Financial Analysis

October 6, 2014 Read More →
Briefing note: Fossil fuels, energy transition & risk

Briefing note: Fossil fuels, energy transition & risk

 Briefing note: Fossil fuels, energy transition & risk (pdf)

June 5, 2014 Read More →

More News and Commentary

APS Says Green Ballot Initiative Could Force Closure of Palo Verde Nuclear Plant (USA Today network): The nation’s biggest producer of electricity, the Palo Verde Nuclear Generating Station, could be forced to close in the next decade if voters approve a renewable-energy ballot measure, the plant’s owners said. The plant is run by Arizona Public Service Co., which is fighting the clean-energy ballot measure on several fronts. The […]

April 13, 2018 Read More →

Exelon Exec Sees No New Nukes In U.S.—Ever

Platts: Due to their high cost relative to other generating options, no new nuclear power units will be built in the U.S., an Exelon official said Thursday. “The fact is—and I don’t want my message to be misconstrued in this part—I don’t think we’re building any more nuclear plants in the United States. I don’t […]

April 13, 2018 Read More →

Acknowledging Lack of Competitiveness, FirstEnergy Says It Will Close Nuclear Plants in Ohio and Pennsylvania

Power Magazine: FirstEnergy Corp. will close three uneconomic nuclear units—a total of 4 GW—in Ohio and Pennsylvania between 2020 and 2021, the company’s competitive arm notified PJM Interconnection on March 28. FirstEnergy Solutions (FES) told the regional transmission organization that it will close the 908-MW Davis-Besse Nuclear Power Station in Oak Harbor, Ohio, by 2020; […]

March 29, 2018 Read More →

Citing Cost, Florida Power & Light Drops Plans to Expand Nuclear Plant

Miami Today: Nuclear units Florida Power & Light was to build at Turkey Point have been delayed indefinitely as it’s too expensive to compete with natural gas, FPL says. In 2010, the county agreed with FPL to build two new nuclear units at Turkey Point and treat 90 million gallons daily of reclaimed water to […]

March 15, 2018 Read More →

Bangladesh Project Seen as Prime Example of Failing Nuclear Industry

Prothom Alo: Bangladesh sees Rooppur as a way of diversifying its electricity generation mix, thereby increasing energy security. It has a planned completion date in 2024. There is considerable doubt as to whether the current US$12.65 billion budget will represent the final bill. Russia, which is providing a loan covering most of the cost of […]

February 15, 2018 Read More →

‘DOE’s Efforts to Save Coal Through Market Intervention Likely Done’

S&P Global Market Intelligence: The Department of Energy’s days of attempting to meddle in the power markets to benefit fuel sources the administration looks favorably upon probably are over, an attorney with Akin Gump said Jan. 30 during an energy policy briefing on the year ahead. The Trump administration’s desire to reinvigorate the struggling coal […]

January 31, 2018 Read More →

FirstEnergy, Major U.S. Utility, Will Close Ohio Nuclear Plant and Is Considering Shutdown of Coal-Fired Generation Stations as Well

Toledo Blade: The utility’s Davis-Besse nuclear plant is headed for a premature closing. The outlook for FirstEnergy’s coal-fired power plants and its other nuclear plants — its twin-reactor Beaver Valley nuclear plant west of Pittsburgh and its Perry nuclear plant east of Cleveland — is just as bleak, said James Pearson, FirstEnergy’s chief financial officer. […]

January 26, 2018 Read More →

California Regulators Vote to Close Diablo Canyon

San Francisco Chronicle: California’s last nuclear power plant — Diablo Canyon, whose contentious birth helped shape the modern environmental movement — will close in 2025, state utility regulators decided Thursday. The unanimous vote by the California Public Utilities Commission will likely bring an end to nuclear energy’s long history in the state. State law forbids building […]

January 12, 2018 Read More →

FERC Rejects Perry’s Coal, Nuclear Subsidy Plan

AP: An independent energy agency on Monday rejected a Trump administration plan to bolster coal-fired and nuclear power plants, dealing a blow to President Donald Trump’s efforts to boost the struggling coal industry. The decision by the Republican-controlled Federal Energy Regulatory Commission was unexpected and comes amid repeated promises by Trump to revive coal as […]

January 9, 2018 Read More →

Dominion SCANA Deal Begs Question: What’s Next For Santee Cooper?

The Post and Courier: Dominion Energy delivered a blockbuster offer to buy SCANA Corp. on Wednesday in the wake of South Carolina’s failed nuclear project, pitching a $14.6 billion deal that would be among the largest in state history. The offer from the Virginia-based utility giant, which SCANA has accepted, vowed to deliver lower electric […]

January 5, 2018 Read More →