Transition

IEEFA Research

IEEFA report: The Philippine energy transition

IEEFA report: The Philippine energy transition

Efforts needed to attract investment and reduce electricity prices

MANILA, March 12, 2019 (IEEFA) — Electricity prices in the Philippines are the highest in South East Asia and utilities rely excessively on imported coal and diesel, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The IEEFA report, The Philippine Energy Transition, Building a Robust Power Market, attributes […]

March 12, 2019 Read More →
IEEFA update: Navajo coal mine and plant acquisition plan raises liability issues

IEEFA update: Navajo coal mine and plant acquisition plan raises liability issues

Failure to address employee benefits, maintenance, and cleanup costs

March 8, 2019 (IEEFA New Mexico) — The Navajo Transitional Energy Company’s (NTEC) proposed acquisition of the failing coal-fired Navajo Generating Station (NGS) and its feeder Kayenta Mine continue to raise questions about possible consequences should the sale be allowed to move forward. In addition to wide concerns about the financial viability of the project, the […]

IEEFA report: Business case for acquiring failing plant and Kayenta mine poses ‘serious financial risk’ to Navajo Nation

IEEFA report: Business case for acquiring failing plant and Kayenta mine poses ‘serious financial risk’ to Navajo Nation

‘Little clarity, no certainty’ seen in NTEC plan; reclamation liabilities loom large

February 22, 2019 (IEEFA Arizona) — The Institute for Energy Economics and Financial Analysis (IEEFA) published a report today concluding that a tribal company’s plan to acquire the failing Navajo Generating Station (NGS) and its companion mine would most likely create a money-losing enterprise.  The report—“NTEC’s Plant/Mine Acquisition Plan Puts Navajo Nation at Serious Financial Risk”—concludes […]

February 22, 2019 Read More →
IEEFA report: Financial case builds for fossil fuel divestment

IEEFA report: Financial case builds for fossil fuel divestment

Money managers need to recognize poor market performance

The financial case for investing in fossil fuels is losing ground as the powerful oil and gas industry continues its steady decline, according to the Institute for Energy Economics and Financial Analysis (IEEFA). In a briefing note released Feb. 6, Fossil Fuel Investments: Looking Backwards May Prove Costly to Investors in Today’s Market, IEEFA analysts […]

February 8, 2019 Read More →

IEEFA India: Grid investment needs to match enormous growth in renewable energy investment

Infrastructure needs further modernisation, urgently

Jan. 22, 2019 (IEEFA India): With the government successfully electrifying 99% of all houses in India under the Saubhagya scheme, there is an urgent need for a hefty investment in grid transmission infrastructure to keep pace with growing low-cost renewable capacity so that new households can actually afford to buy electricity. A new IEEFA briefing […]

January 21, 2019 Read More →
IEEFA report: ‘Holy Grail’ of carbon capture continues to elude coal industry; ‘cautionary tale’ applies to domestic and foreign projects alike

IEEFA report: ‘Holy Grail’ of carbon capture continues to elude coal industry; ‘cautionary tale’ applies to domestic and foreign projects alike

Study details lack of economic feasibility around North American initiatives; costly and/or failed efforts at Duke’s Edwardsport, NRG’s Petra Nova, SaskPower’s Boundary Dam, and Southern Co.’s Kemper plant; technology seen as unworkable and too expensive for fast-changing electricity-generation markets

Nov. 19, 2018 (IEEFA) — A study published today by the Institute for Energy Economics and Financial Analysis concludes that costly efforts undertaken in North America to develop workable, economic technology to capture carbon from coal-fired generation have come up short. Further, the study concludes that technology developments in the renewable energy and natural gas sectors […]

November 19, 2018 Read More →

IEEFA Australasia: New global energy report headlines decline of coal as cheaper renewable technologies gain preference

International Energy Agency releases annual World Energy Outlook 2018 Report today

Nov. 13, 2018, SYDNEY (IEEFA): Thermal coal is fated for long-term structural decline and energy-related carbon dioxide emissions are increasing despite the Paris targets: those are the key take-outs in the International Energy Agency’s World Energy Outlook (WEO) 2018 report released today, which also finds wind and solar are now two of the top three […]

November 13, 2018 Read More →
IEEFA Arizona: Growing interest in developing Navajo utility-scale solar industry

IEEFA Arizona: Growing interest in developing Navajo utility-scale solar industry

Activity at the community level, within the higher reaches of tribal government, and at the Navajo Tribal Utility Authority

Oct. 31, 2018 (IEEFA) — Momentum is growing around modernizing tribal renewable-energy policies on the Navajo Nation of Arizona, Colorado, New Mexico and Utah, according to a report published today by the Institute for Energy Economics and Financial Analysis. The report —“Growing Interest in Developing Navajo Utility-Scale Solar Industry: Policy Momentum and Grassroots Support; Vast Tribal […]

October 31, 2018 Read More →
IEEFA report: U.S. likely to end 2018 with record decline in coal-fired capacity

IEEFA report: U.S. likely to end 2018 with record decline in coal-fired capacity

Utilities accelerate shutdown dates; 22 plants in 14 states this year; hard-hit regions include the Ohio River Valley

Oct. 25, 2018 — U.S. coal-fired power plant closures are on pace this year to set a record, concludes a research report published today by the Institute for Energy Economics and Financial Analysis. The report — “Record Drop in U.S. Coal-Fired Capacity Likely in 2018: Utilities Are Accelerating Shutdown Dates as Plants Grow Increasingly Uneconomic”— […]

October 25, 2018 Read More →
IEEFA report: Seven disruptions driving the modernization of electricity generation and transmission

IEEFA report: Seven disruptions driving the modernization of electricity generation and transmission

Overlapping forces spell further declines for coal-fired power

We’ve published a research brief today that looks at the underlying forces driving a global shift in how electricity is generated. Our paper—“The Seven Technology Disruptions Driving the Global Energy Transition”—is a primer on fundamental changes occurring now that are collectively displacing coal from its long-dominant role in power generation. We note in the brief […]

October 5, 2018 Read More →

More News and Commentary

IEEFA Arizona: Navajo vote blocks tribal acquisition of coal-fired power plant and mine

IEEFA Arizona: Navajo vote blocks tribal acquisition of coal-fired power plant and mine

NTEC drops plan to acquire Kayenta Mine and Navajo Generating Station

March 22, 2019 (IEEFA Arizona) — A vote by the Navajo Tribal Council blocking acquisition of the Navajo Generating Station (NGS) and Kayenta Mine spells closure for both, according to researchers at the Institute for Energy Economics and Financial Analysis (IEEFA). The Navajo Transitional Energy Company (NTEC), a tribally-owned company, had pushed for months to […]

March 22, 2019 Read More →

Experts: State efforts to bolster coal industry can’t stop the market

S&P Global Market Intelligence ($): Several state legislatures took up bills aimed at boosting coal during their 2019 sessions, but industry observers said the efforts will do little to turn the tide for the struggling sector. While some producers have been able to take advantage of strong export pricing in the global metallurgical market, many […]

March 22, 2019 Read More →

GE begins testing of innovative two-piece onshore wind turbine blade

ReNews.Biz: A prototype of GE’s 5MW-plus Cypress onshore wind turbine platform has started operating for the first time at a site in the Netherlands. Installation of the 5.3MW machine started late last year at Wieringermeer and the unit is now generating electricity at full-power, the company said. GE will continue to operate the prototype during […]

March 22, 2019 Read More →
and

IEEFA Australia: NSW’s transition plan for a declining coal market is still missing

State government forecasts show the threat to the Hunter Valley’s coal industry is yet to be taken seriously

The pipeline of coal-fired power projects in New South Wales’ biggest coal export destination is collapsing. In January 2019, the 2 gigawatt (GW) Chiba coal power project in Japan was cancelled. This follows the cancellation of the 1GW Soga coal-fired power project in December 2018. The 1.3GW Akita project has reportedly been cancelled according to […]

New England transmission operator projects sharp rise in solar generation through 2028

Platts: ISO New England Tuesday discussed its 2019 solar power capacity forecast with stakeholders, which showed a regional cumulative installed capacity increase to 6,744 MW in 2028 from 2,884 MW at the end of 2018, a 134% jump. The grid operator’s Final 2019 PV Forecast that was presented to the Distributed Generation Forecast Working Group […]

March 21, 2019 Read More →

French firm completes world’s largest floating solar project in China

Renew Economy: French-based Ciel & Terre International has announced that its 70 MW floating solar power plant located on top of an old coal mining area in the province of Anhui, China, is now officially complete after several months of tests and monitoring. Ciel & Terre has been developing floating solar PV projects since 2011 […]

March 21, 2019 Read More →

Navajo coal plant owners to move forward with decommissioning plans

Bloomberg Environment ($): The majority owner of the West’s largest coal-fired electricity plant is “closing in on” awarding five contracts to start decommissioning the plant, and could be ready to award them in April, the owner says. The Salt River Project, which owns 43 percent of the 2,250-megawatt Navajo Generating Station, also told Bloomberg Environment […]

March 20, 2019 Read More →

Wood Mackenzie: India, Asia Pacific region to power major increase in wind capacity

The Economic Times: Aggressive renewable energy targets in India and “explosive” growth in the offshore sector are expected to drive a 10-year CAGR of 12.2 per cent in the wind energy sector in Asia Pacific, excluding China, said a report by research group Wood Mackenzie. “Target compliance in India is likely to bifurcate the next […]

March 20, 2019 Read More →

Grid-scale battery storage begins to take hold in India

Greentech Media: India is finally seeing the emergence of a grid-scale energy storage market after years of anticipation. This month the Solar Energy Corporation of India (SECI) invited bids for 3.6 gigawatt-hours of storage connected to 1.2 gigawatts of solar on India’s interstate transmission system, the biggest battery solicitation seen in the country so far. […]

March 19, 2019 Read More →

German researchers study reusing country’s coal facilities as thermal storage units

Greentech Media: The German Aerospace Center (Deutsches Zentrum für Luft- und Raumfahrt or DLR) is investigating whether Germany’s coal plants could be reused as energy storage assets. The research body, which has a track record in concentrated solar power (CSP) development, is planning a pilot that will involve ripping out the boiler from an old […]

March 18, 2019 Read More →