Transition

IEEFA Research

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 →

IEEFA update: ‘We Want Sun’ report outlines path forward on Puerto Rican electricity policy

Placing sustainability and self-sufficiency ahead of dependency on imported fossil fuels

Oct. 1, 2018 (IEEFA) — The Institute for Energy Economics and Financial Analysis published a report today in concert with a coalition of Puerto Rican public policy organizations, labor organizations and energy experts detailing the island’s largely untapped possibilities in solar-powered electricity generation. The report “Queremos Sol” (“We Want Sun”)—outlines a power-system transformation that would place sustainability and […]

October 3, 2018 Read More →
IEEFA report: Benefits to Engie from closing three German coal-fired power plants would outweigh any gains from selling them

IEEFA report: Benefits to Engie from closing three German coal-fired power plants would outweigh any gains from selling them

Shutdown would be in line with corporate responsibility commitments, prevent rivals from gaining market share, and signal that utility giant “is part of the solution” to Germany's coal phase-out plans

Sept 4, 2018 (IEEFA) — The French multinational energy company Engie would be better off closing its three coal-fired plants in Germany than selling them, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The authors of the report see Engie best protecting its position in the German electricity […]

September 4, 2018 Read More →
IEEFA report: Poland’s biggest utility is risking financial instability by doubling down on coal-fired generation

IEEFA report: Poland’s biggest utility is risking financial instability by doubling down on coal-fired generation

New EU emissions regulations raise compliance issues at PGE; Outdated business model may cost billions; ‘An accelerated deployment of renewables’ makes more sense

June 13, 2018 (IEEFA) – New air pollution regulations coupled with rising carbon prices put Poland’s biggest utility, PGE, at serious risk of financial disarray if it continues to pursue a coal-heavy upgrade strategy, concludes a report published today by the Institute for Energy Economics and Financial Analysis. A strategic shift toward a renewable energy-based […]

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 […]

More News and Commentary

Analysts say Texas lignite mining faces grim future

S&P Global Market Intelligence ($): As renewable energy sources increasingly displace coal-fired power generation in Texas, the state’s lignite producers and Powder River Basin thermal coal miners could see a key market dry up. Wind and solar are entering the grid “at very low price points,” and if natural gas remains cheap, more coal-fired generation […]

January 15, 2019 Read More →

Indiana utility president says renewable transition is part of energy industry ‘revolution’

Inside Indiana Business: The president of Northern Indiana Public Service Company (NIPSCO) says she is seeing a “real revolution” in the energy industry, and wants to make sure the utility is part of the movement. Violet Sistovaris says that’s much of the motivation behind the utility’s “Your Energy, Your Future” effort. The goal is simple, […]

January 11, 2019 Read More →

Energy storage set to enter the big time in 2019, analysts say

S&P Global Market Intelligence ($): By most measures, 2018 was a long-anticipated breakout year for batteries, with record volumes of investment flowing into research, product development and manufacturing as prices plummeted, governments established new policies supporting energy storage and mass markets emerged for electric vehicles and electrochemical energy storage. That progress, though uneven across U.S. […]

January 11, 2019 Read More →

Australian study finds renewables ‘unequivocally’ lower-cost than coal

Renew Economy: Australia’s leading scientific research group and the country’s energy market operator have released a benchmark study that shows the cost of new wind and solar – even with hours of storage – is “unequivocally” lower than the cost of new coal generation. The joint study – GenCost 2018 – by the CSIRO and […]

January 10, 2019 Read More →

U.S. utilities increasingly looking to speed coal plant closures

The Wall Street Journal ($): Just last summer, Northern Indiana Public Service Co. planned to retire two of its five remaining coal-fired power plants by 2023. Now, it plans to do away with all of them over the next decade, and buy more solar and wind power instead. The Midwestern company’s decision is part of […]

January 10, 2019 Read More →

Platts expects sharp rise in European coal, nuclear plant closures in early 2020s

Platts: Years late and massively over-budget, Europe’s first EPR nuclear reactors are finally about to load fuel and energize. This is the final act in the region’s longest-running generation construction saga, with delivery of first power from EPRs in Finland and France due before end-2019. These baseload additions buck the longer-term trend towards growing volatility […]

January 10, 2019 Read More →
IEEFA U.S.: A sea change in American offshore wind
and

IEEFA U.S.: A sea change in American offshore wind

Up and down the East Coast, initiatives to develop a massive and largely untapped market

The big lease sales ($405 million) last month in coastal waters off Massachusetts for three federally owned tracts that didn’t sell at an auction in 2015 signal a sea change in how U.S. offshore wind generation potential is now perceived. The winners of that auction, who emerged after 32 rounds of bidding over two days, […]

and January 9, 2019 Read More →

S&P: Coal plant retirements totaled 11.8GW in 2018

S&P Global Market Intelligence ($): A total of 16,900 MW of U.S. power generation capacity retired in 2018, according to S&P Global Market Intelligence data, far more than the 11,569 MW retired in 2017. Coal-fired capacity made up nearly 70% of the capacity retired in 2018, totaling about 11,800 MW, despite efforts by the Trump […]

January 8, 2019 Read More →

Solar-plus-storage contracts in Hawaii hit record low prices

Greentech Media: This week Hawaiian Electric Company sent seven new solar-plus-storage contracts to state regulators. Six come in at record-low prices for the state, under 10 cents per kilowatt-hour. The projects, which now await regulatory approval, would add 262 megawatts of solar and 1,048 megawatt-hours of storage distributed over three islands. The company said the […]

January 7, 2019 Read More →

Customer demand driving growth of utility clean energy spin-off, executive says

Duluth News Tribune: Allete Clean Energy is growing. Standing in front of a TV in the lobby of the company’s Downtown Duluth headquarters, Allete Clean Energy President Allan S. Rudeck Jr. pointed on a map to the six operational wind farms acquired since 2011. With turbines already spinning in Minnesota, Iowa, Oregon and Pennsylvania, projects […]

January 7, 2019 Read More →