Nuclear

IEEFA Research

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

International Banks Continue to Coal Projects, Contrary to Policy Commitments

Financial Times: Between January 2014 and September 2017 international banks channeled $630bn to the top 120 companies planning to build new coal plants around the world. The researchers highlighted Beijing-based Industrial and Commercial Bank of China as the biggest underwriter for bond and share issues of coal plant developers, providing more than $33bn over that […]

December 11, 2017 Read More →

U.S. Coal, Nuclear Industries Seek Billions in Tax-Credit Bailouts

Axios: Two separate lobbying pushes are underway urging Congress to create new multi-billion dollar tax credits benefiting virtually all coal and nuclear power plants across the United States. The price tags: up to $65 billion for coal and $4.8 billion for nuclear. The efforts show the aggressive lengths companies are going trying to survive in […]

December 7, 2017 Read More →
IEEFA Update: More Questions on U.K. Nuclear Project

IEEFA Update: More Questions on U.K. Nuclear Project

Concerns Grow That Hinkley Point C Is an Overpriced Mistake

Two of the U.K.’s main public-spending watchdogs have now criticized the government’s deal with French utility giant EDF to support completion of a new nuclear power plant, only just stopping short of saying the deal was an outright mistake. The critiques highlight the risk in failing to heed the falling cost of renewables and serve as […]

November 29, 2017 Read More →

Op-Ed: ‘The South’s Legacy of Abandoned Nuclear Reactors’

The (Columbia, S.C.) State: The South’s long, messy nuclear history is a catalog of modest successes and epic failures. Sadly, the V.C. Summer project shutdown is nothing new for the South. It has happened at least 22 times since the 1970s. Some plants existed merely as blueprints, while others were canceled mid-construction. Across the region, […]

November 6, 2017 Read More →

U.S. Plan to Aid Coal and Nuclear Plants Gets a Bipartisan Thumbs Down From Past Regulators

Washington Post; Energy Secretary Rick Perry’s bid to change regulations to help coal and nuclear power plants has run into unusually blunt opposition from a group of former regulators from both parties. Eight former members of the Federal Energy Regulatory Commission — including five former chairmen — have filed a letter with the commission opposing […]

October 20, 2017 Read More →

Report: Nuclear Energy in ‘Terminal Decline’

SNL: Nuclear energy is in irreversible decline across the world, with the construction of new units appearing to bottom out, a new report found. “The deterioration of the situation is accelerating,” warned Paris-based nuclear consultant Mycle Schneider at the U.S. launch of the World Nuclear Industry Status Report. The 10th annual edition of the report […]

October 17, 2017 Read More →
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 (IEEFA.org) — 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 →

Top U.S. Energy Regulator Resists Call to ‘Blow Up’ Electricity Markets With Coal, Nuclear Subsidies

The Hill: FERC Chairman Neil Chatterjee, whose agency would be responsible for implementing Perry’s plan, told reporters Friday that he would not put in place a policy stemming from the proposal if it would “blow up” competitive electricity markets or not withstand court challenges. Chatterjee’s comments were the first time he has weighed in on […]

October 16, 2017 Read More →

Coal Industry’s Actions Speak Louder Than Its Marketing

Washington Post: Moves to save this industry have actually exposed its weaknesses — and revealed a trend that coal companies and the Trump administration have not acknowledged publicly: The companies are scaling back, in some cases shedding workers and declining the opportunities the federal government now wants to give them. Despite Trump’s best efforts, the […]

October 16, 2017 Read More →

Little Market Effect Expected in Ohio From Reversal of EPA’s Clean Power Plan

Midwest Energy News: Despite Scott Pruitt’s claim that “the war on coal is over,” clean energy advocates say repeal of the Clean Power Plan is unlikely to bring back coal jobs to Ohio or revitalize the state’s coal-fired power plants. “It doesn’t change the fact that coal-fired power is uneconomic in Ohio right now and […]

October 16, 2017 Read More →