Transition

IEEFA Research

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 […]

IEEFA Report: Electricity-Sector Opportunity in the Philippines

IEEFA Report: Electricity-Sector Opportunity in the Philippines

The Case for Wind-and Solar-Powered Small Island Grids

May 8, 2017, MANILA (IEEFA.org) — The Institute for Energy Economics and Financial Analysis today published a report outlining how small islands in the Philippines can effectively replace outdated, diesel-fuel electricity-generation systems with solar- and wind-powered grids. The report—“Electricity-Sector Opportunity in the Philippines – The Case for Wind- and Solar-Powered Small Island Grids”—notes that many […]

IEEFA Report: European Coal Sector Woes Deepen With New Air Quality Mandate; One-Third of Existing Capacity Must Retrofit or Close

IEEFA Report: European Coal Sector Woes Deepen With New Air Quality Mandate; One-Third of Existing Capacity Must Retrofit or Close

More Headwinds for Major Utilities; New Limits Affect 108 Plants; Implications for Investors, With Gas and Renewables Emerging as Preferred Power-Generation Fuels

May 8, 2017 (IEEFA.org) — More than 100 separate power plants—representing one-third of Europe’s large-scale coal-fired power plant capacity—face costly air quality upgrades or closure as a result of new European Union emissions limits, according to an analysis published today by the Institute for Energy Economics and Financial Analysis (IEEFA). “These regulations will further undermine and […]

More News and Commentary

Who Will Invest in Clean Energy? Big Money Will

Bloomberg New Energy Finance: People who invest in the world’s energy systems often want to know how many trillions of dollars will be needed to finance renewable energy and natural gas. One way to find the answer is to look at what those who have already invested trillions of dollars want to happen as the […]

December 13, 2017 Read More →

Dutch Banking Giant ING Will End Most Coal-Related Financing

Reuters: ING by the end of 2025 will stop funding any utility company which relies on coal for more than 5 percent of its energy, the Dutch bank said on Tuesday. It will, however, continue to help companies with renewable energy projects and also support new clients whose reliance on coal is less than 10 […]

December 13, 2017 Read More →

World Bank to Discontinue Support for Oil and Gas Projects

National Observer (Canada): The World Bank has confirmed that it will stop financing upstream oil and gas projects after 2019 except under exceptional circumstances in the world’s poorest countries. The global financial institution made the announcement at climate summit in Paris on Tuesday, which took place roughly two years after the historic COP21 climate conference […]

December 13, 2017 Read More →

How Puerto Rico Can Rebuild Its Electricity System

Politico: Months after Hurricane Maria struck Puerto Rico, most of the island’s population is still without power, an unprecedented outcome for a territory in the world’s most advanced nation. The destruction is so great that Puerto Rico effectively needs to rebuild its electric power system from the ground up, an overhaul that will cost billions […]

December 13, 2017 Read More →

Momentum in Multi-Billion Dollar European Green Bond Market

PVTech: Nine of Europe’s industrial power giants and most prominent green bond issuers have clubbed together to put green bonds – mechanisms that are beginning to draw huge traction worldwide – at the heart of their financing strategies. Massive brands EDF, Enel, ENGIE, Iberdrola, Icade, Paprec, SNCF Réseau, SSE and TenneT, which span power, transport, […]

December 12, 2017 Read More →

Underperforming U.S. Utility CEO Devoted to Coal and Nuclear Remains Buoyant

Bloomberg News: Tom Fanning is the only energy executive in America willing to bet billions on nuclear power. The chief executive officer of utility giant Southern Co. is renowned for his boundless optimism, which he generously spreads around. He’s chair of the Federal Reserve Bank of Atlanta, co-leader of one industry group and a former […]

December 12, 2017 Read More →

Study: European Coal-Fired Closures Would Save Billions

WFPL: European power companies could save billions of dollars by stepping up closure of coal-fired power plants as nearly all of them will be loss-making in Europe by 2030, think-tank Carbon Tracker Initiative says. Coal power should be phased out in the European Union by 2030 to meet the Paris Agreement’s target to limit the […]

December 8, 2017 Read More →

Bay Area Transit Agency in Shift to Renewables

San Francisco Examiner: BART will soon be powered almost entirely by renewable energy. The transportation system will be 90 percent powered by wind, solar and other renewables by 2021, after the BART Board of Directors on Thursday approved two 20-year renewable energy power purchase agreements. Though BART’s growing electricity needs will seen that percentage lessen […]

December 8, 2017 Read More →

U.S. Tax Proposals Could Slow National Uptake of Renewables

New York Times: The Republican tax bills moving through Congress could significantly hobble the United States’ renewable energy industry because of a series of provisions that scale back incentives for wind and solar power while bolstering older energy sources like oil and gas production. The possibility highlights the degree to which the nation’s recent surge […]

December 8, 2017 Read More →
IEEFA Op-Ed: Wall Street’s War on Puerto Rico

IEEFA Op-Ed: Wall Street’s War on Puerto Rico

Bondholders Who Insist on Their Pound of Flesh Only Risk Further Losses

A commentary that appeared the other day in the Bond Buyer, the debt industry’s newspaper of record, is but the latest salvo in Wall Street’s misguided war on Puerto Rico. The column, by a representative of Spire Wealth Management, complained strenuously that Puerto Rico was only hurting itself by pressing for much-needed debt relief. Such […]

December 7, 2017 Read More →