Transition

IEEFA Research

IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

Rapid Cost Deflation, Broad Gains in Scale; Key Momentum in China and India; Crucial Support From International Capital Markets and Tech Giants; Expansion Role Seen for National Governments

May 21, 2018 (IEEFA.org) – A report published today by the Institute for Energy Economics and Financial Analysis describes how solar energy is accelerating the transformation of the global electricity-generation sector through gains in technology innovation and price deflation. The study—“Solar Is Driving a Global Shift in Energy Markets”—details some of the world’s biggest utility-scale […]

IEEFA Indonesia: Coal-Centric State Utility Will Likely Raise Rates by 2020

IEEFA Indonesia: Coal-Centric State Utility Will Likely Raise Rates by 2020

‘New Level of Risk’ Seen in Investing in Outdated Power Generation

May 14, 2018 (IEEFA) — Indonesia’s state-owned utility may raise electricity tariffs to offset its growing costs, concludes an investment-research memo published today by the Institute for Energy Economics and Financial Analysis. The memo—“PLN’s Coal IPP Funding Gap Suggests Tariffs Must Rise in 2020”—comes as the utility plans to bring a more than $1 billion debt […]

IEEFA Update: 2 Out-of-State Potential Navajo Generating Station Buyers Face Long Odds

Research: 6 ‘Insurmountable’ Risks in Keeping Plant Open Beyond 2019

A research brief published today by the Institute for Energy Economics and Financial Analysis details six business risks that would likely prevent the Navajo Generating Station (NGS) from remaining a viable operation if it is kept open after its scheduled retirement at the end of 2019. The memo comes as talks have surfaced with potential […]

April 26, 2018 Read More →
IEEFA Update: Push to Keep Navajo Generating Station Alive in Deal With Arizona Water Distributor Is Fraught With Risk

IEEFA Update: Push to Keep Navajo Generating Station Alive in Deal With Arizona Water Distributor Is Fraught With Risk

Research Brief: Regardless of Ownership, Outlook for Southwest U.S. Coal-Fired Electricity Plant Is Bleaker Than Ever

April 11, 2018 (IEEFA) — The Institute for Energy Economics and Financial Analysis published a research brief today that finds the financial outlook for coal-fired Navajo Generating Station is bleaker than it was when the plant’s utility owners announced last year it would be retired in 2019. The plant’s owners—Arizona Public Service Company, the Salt River Project, […]

April 11, 2018 Read More →

IEEFA Philippines: ‘Opportunities Now to Transform the Nation’s Energy Sector’

A ‘Least-Cost Mechanism’ Would Encourage Modernization

March 16, 2018 (IEEFA) — Rapidly declining costs and technological advances in renewable energy, liquefied natural gas (LNG), energy efficiency, and storage are creating an “enormous opportunity” for greater use of cheaper electricity-generation domestic alternatives to imported coal and diesel in the Philippines, concludes a new research brief published by the Institute for Energy Economics and […]

March 16, 2018 Read More →

IEEFA Report: Puerto Rico Can Get 40% of Its Electricity From Renewables by 2028

Transition Will Require Modernization of Generation, Transmission, and Distribution as Well as Strong Regulatory Oversight

March 1, 2018 (IEEFA) — The Institute for Energy Economics and Financial Analysis published a report today describing how Puerto Rico can get 40 percent of its electricity from renewable resources by 2028. The report, published with the Puerto Rico Institute of Competitiveness and Sustainable Economy (ICSE-PR), sees the U.S. commonwealth relying on renewables for 50 percent […]

IEEFA Report: ‘Here and Now’ — Nine Electricity Markets Leading the Transition to Wind and Solar

California, Denmark, Germany, Ireland, South Australia, Spain, Tamil Nadu, Texas, and Uruguay; Breakneck Speed Is Overtaking Academic Discussion; Renewables Are Providing Security of Supply

Feb. 14, 2018 (IEEFA) — New research by the Institute for Energy Economics and Financial Analysis details how nine major power markets around the world have achieved an outsize share of wind and solar generation while assuring security of supply and are providing compelling examples of the fast-moving evolution of electricity generation. The report, “Power-Industry […]

February 15, 2018 Read More →
IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

New Emissions Rules Loom Large Across EU; Gas-Fired Generation and Renewables Present Better Investment Opportunities; Major Utilities Are Out of Step With Markets

October 25, 2017 (IEEFA.org) — A research paper published today by the Institute for Energy Economics and Financial Analysis finds that plans by Enel Group’s Spanish-subsidiary Endesa to sink €400 million into upgrading three aging coal-fired plants is a likely loss-making proposition under new European Union emission-control rules. The report—“How European Utilities Can Capitalize on […]

October 26, 2017 Read More →

IEEFA Report: Philippine Banking Sector at Risk in Ill-Advised US$21 Billion Expansion of Coal Fleet

Lagging Rising Trends Driven by Global Electricity-Generation Transition

October 12, 2017 (IEEFA) – The Philippines’ banking sector is dangerously exposed to a proposed new fleet of coal plants that are likely to become stranded assets if they are built, a report co-published today by the Institute for Energy Economics and Financial Analysis (IEEFA) concludes. The plants would add more than 10,000 megawatts of […]

October 12, 2017 Read More →

IEEFA Report: ‘Natural Security’ Argument for Saving 2 Power Plants Is a Red Herring Meant to Distract From an Ohio Valley Electric Bailout

Keeping Kyger Creek and Clifty Creek on Life Support Would Cost Ratepayers $1.4 Billion; Market Conditions Will Continue to Undermine Viability of Aging Coal-Fired Plants; Public Resources Are Better Spent on Investing in Transition; Neither Generator Is Needed for Grid Stability

June 20, 2017  (IEEFA.org) – The Institute for Energy Economics and Financial Analysis (IEEFA) today published a research brief questioning a bill in the Ohio legislature that would bail out two failing coal-fired power plants owned by the Ohio Valley Electric Corporation (OVEC) and keep the plants alive at huge expense to ratepayers. The plants […]

More News and Commentary

Ameren Plans Missouri’s Largest Wind Farm

Associated Press: Ameren Missouri announced plans Monday for a 400 megawatt wind farm in rural northeast Missouri, creating enough power to serve 120,000 homes within two years. St. Louis-based Ameren said its High Prairie Wind Farm near Kirksville will be the largest in the state. Ajay Arora, vice president of power operations and energy management […]

May 22, 2018 Read More →
IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

Rapid Cost Deflation, Broad Gains in Scale; Key Momentum in China and India; Crucial Support From International Capital Markets and Tech Giants; Expansion Role Seen for National Governments

May 21, 2018 (IEEFA.org) – A report published today by the Institute for Energy Economics and Financial Analysis describes how solar energy is accelerating the transformation of the global electricity-generation sector through gains in technology innovation and price deflation. The study—“Solar Is Driving a Global Shift in Energy Markets”—details some of the world’s biggest utility-scale […]

Netherlands To Ban Coal Generation

Reuters: AMSTERDAM—The Netherlands will ban the use of coal in electricity generation in the coming decade and shut down two of its five coal-fired plants at the end of 2024 unless they switch fuels. The law announced by economy minister Eric Wiebes on Friday applies to plants built in the 1990s, while newer ones will […]

May 21, 2018 Read More →

AC Energy Plans to Sell Coal Plants in Philippines, Boost Renewables Investments

Reuters: MANILA—AC Energy Inc, part of Philippine conglomerate Ayala Corp, on Monday said it could sell a stake of up to 50 percent in its coal-fired energy unit, using funds from the deal to boost its renewables business in Southeast Asia. AC Energy is in talks with potential partners that could be interested in taking […]

May 21, 2018 Read More →

Siemens Gamesa Looks to Hybrid Systems to Tame Variable Wind Generation

Greentech Media: Siemens Gamesa, the leading turbine manufacturer, is looking to go beyond wind — into hybrid systems with solar and storage. The company’s chief technology officer, Antonio de la Torre Quiralte, told GTM that Siemens Gamesa remains committed to the wind market. However, it is increasingly interested in other technologies to reduce renewable energy […]

May 21, 2018 Read More →

Former Coal Plant Could Be Reborn as Offshore Wind Fabrication Facility

Southcoast Today: Turbine foundations will be built at Brayton Point in Somerset if Bay State Wind receives a Massachusetts contract for offshore wind, a company spokeswoman said Thursday. German steel maker EEW and Houston-based steel company Gulf Island Fabrication, which will provide foundations for the project, have selected the former Brayton Point [coal-fired] power plant […]

May 18, 2018 Read More →

Ohio’s Last Planned Coal Plant Is Scrapped

Ohio Public Radio: After years in limbo, a plan to build a new [600 megawatt] coal-fired plant in the state has been scrapped. That leaves no proposals for new coal plants in Ohio. Environmental groups see this as a critical turning point. Since the early 2000s, the Lima Energy plant has been on again and […]

May 18, 2018 Read More →
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IEEFA Update: New Oil Price Volatility Will Help Drive Transition From Fossil Fuels

U.S. Reversal on Iran Creates Market Disruptions That Affect Consumers, Investors and Whole Countries

Oil prices were already on the rise from strong economic growth, rising demand and OPEC supply cuts when political intervention in the markets via the Trump administration’s decision last week to abandon the Iran nuclear deal sent prices to almost $80 per barrel—or a half a mile from heaven—for Saudi Arabia, Russia, the United Arab […]

Indianapolis Utility Continues Shift Toward Gas and Renewables

Platts: The startup of Indianapolis Power & Light Company’s Eagle Valley combined-cycle natural gas plant marks a shift toward gas as the utility’s largest power generation source, replacing coal, the company said Monday. “Our future is focused on accelerating cleaner, smarter and affordable options for our customers and we are proud of the efforts we’ve […]

May 15, 2018 Read More →

Community Solar Will Be a Boon For Long Island, Developer Says

Long Island Business News: A few months ago, the Sisters of St. Joseph in Brentwood plugged into the sun with a little help from a new solar program. EmPower Solar, in Island Park, built a 1 megawatt solar power plant owned by NextEra Energy Sources on their 212-acre campus. Through the Long Island Power Authority […]

May 15, 2018 Read More →