Subsidies

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Developer to build subsidy-free solar projects in fossil fuel-dependent Canada

Renew Economy: German energy giant Innogy has finalised plans to build two solar farms in Canada that will be built without subsidies, highlighting once again the tremendous potential and growth of the global solar industry over the last few years. It was not that long ago that most every renewable energy project that reached active […]

February 19, 2019 Read More →
IEEFA Argentina: El Gobierno no puede sufragar los subsidios a productores de petróleo y gas de Vaca Muerta
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IEEFA Argentina: El Gobierno no puede sufragar los subsidios a productores de petróleo y gas de Vaca Muerta

El plan del gobierno argentino para explotar las reservas masivas de petróleo y gas en Vaca Muerta, en el norte de Patagonia, confronta un obstáculo mayor. El éxito del plan requiere que el gobierno argentino subsidie los costos iniciales del desarrollo, pero enfrenta penurias fiscales y recién anunció planes para recortar los subsidios. Como resultado, […]

and February 19, 2019 Read More →
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IEEFA Argentina: Government cannot afford subsidies for Vaca Muerta oil and gas producers

Failure to achieve energy plan likely

The Argentine government’s plan to develop the massive Vaca Muerta oil and gas reserves in northern Patagonia has hit a major obstacle. The success of the plan requires the Argentine government to subsidize most of the development costs initially.  But the Argentine government is in fiscal distress and has recently made it known that it […]

and February 8, 2019 Read More →

Trade group officials say end of tax credit won’t stop U.S. wind power development

S&P Global Market Intelligence ($): The end of the federal tax subsidy that has buoyed the U.S. wind sector will not impede the industry’s growth despite numerous estimates that wind installations will drop dramatically, say analysts from the American Wind Energy Association. The wind industry’s largest trade group and lobbying body expects strong demand from […]

February 6, 2019 Read More →

EU agrees to end coal subsidies by 2025, but gives Poland a break

EURACTIV: European Union legislators reached agreement in the early hours of Wednesday (19 December) over a proposed reform of electricity market rules that includes a 2025 cut-off date for coal subsidies, and a special clause for Poland. “Today’s message is clear: this is the last call for coal,” said Florent Marcellesi, a Green lawmaker from […]

December 20, 2018 Read More →

Economy minister says Slovakia to end coal-mining subsidies by 2023

Reuters: Slovakia will phase out subsidies for coal mines supplying one of the country’s most polluting power plants from 2023, sooner than expected, Economy Minister Peter Ziga said on Monday. The Slovak government subsidizes mining at the country’s only coal company, privately owned Hornonitrianske Bane Prievidza (HBP), paying around 100 million euros ($114 million) a […]

November 20, 2018 Read More →

IEEFA U.K.: Suspension of £3.8 billion capacity market is an opportunity for re-think

Progress this week on British energy policy

LONDON—The European Court of Justice’s decision yesterday to suspend Britain’s capacity market creates an opportunity to focus on more cost-effective and forward-looking solutions for safeguarding the country’s energy-supply security. We’ve argued previously that Britain’s capacity market. which has served as a model for a similar scheme in Poland, provides subsidies that may no longer be […]

November 16, 2018 Read More →

China plans reductions in solar, wind subsidies

Reuters: China will speed up efforts to ensure its wind and solar power sectors can compete without subsidies and achieve “grid price parity” with traditional energy sources like coal, according to new draft guidelines issued by the energy regulator. As it tries to ease its dependence on polluting fossil fuels, China has encouraged renewable manufacturers […]

September 17, 2018 Read More →

Utilities continue to close coal units as talk of bailout plan persists

Bloomberg: President Donald Trump has ordered a rescue of the nation’s struggling coal and nuclear power industries, but that doesn’t mean utilities are reconsidering the shutdown of unprofitable plants. Many power generators contacted said Trump’s June 1 announcement hasn’t altered their plans to retire old units even as the administration dangles the prospect of using […]

June 18, 2018 Read More →

Maryland-based electricity-development company: Subsidies are the ‘wrong way to go’

RTO Insider: Competitive Power Ventures, which last week celebrated the opening of its new 805-MW combined cycle gas-fired power plant in Oxford, Conn., would like to build more gas plants. But it said it is wary of subsidized competitors. The company announced Thursday that is has begun selling power in ISO-NE from its Towantic Energy […]

June 18, 2018 Read More →