Utility trends

IEEFA Research

IEEFA Report: A Renewables Path to Japanese Energy Security in a Post-Nuclear Era

IEEFA Report: A Renewables Path to Japanese Energy Security in a Post-Nuclear Era

Eliminating High-Risk Dependence on Imported Fuels; Exploiting Domestic Technology Advantages; Avoiding Stranded Assets in Misguided Coal Projects

We’ve just published a report that details how Japan’s post-nuclear electricity-generation economy can be viably retooled around renewable energy. Our report—“Japan: Greater Energy Security Through Renewables: Electricity Transformation in a Post-Nuclear Economy”—emphasizes the potential for national energy security through renewables, most especially wind and solar. This report documents how government policies adopted in the wake […]

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IEEFA Report: A U.K. Electricity Transformation Under Way, But in Need of Better Direction

IEEFA Report: A U.K. Electricity Transformation Under Way, But in Need of Better Direction

Grid Proves Resilient in Face of 60% Drop in Coal Use in 2016; New Renewables and Interconnection Are the Future; Capacity Market Has Failed to Incentivize Modernization; More Targeted Auctions Would Help

The U.K.’s capacity market is the weak link in the country’s ongoing transition toward a resilient, low-carbon grid. That is one of the core findings in a  report—“Electricity-Grid Transition in the U.K.: As Coal-Fired Generation Recedes, Renewables and Reliable Generation Can Fill the Gap —we published today. The report finds that the U.K. grid is coping […]

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IEEFA Norway: Why the World’s Biggest Sovereign Wealth Fund Should Invest in Global Renewable Energy Infrastructure

IEEFA Norway: Why the World’s Biggest Sovereign Wealth Fund Should Invest in Global Renewable Energy Infrastructure

The Sector is Growing, Returns Are Reliable, the Outlook is Positive

We published a report this morning that highlights how Norway is at a historic crossroads in how it manages some of its vast national wealth bound up in the Government Pension Fund Global (GPFG). Indeed, GPFG is facing an unusually opportune moment this summer, as Parliament considers whether to enact a mandate that would have […]

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IEEFA Report: China Set to Dominate U.S. in Global Renewables Boom; $32 Billion in Overseas Investments in 2016 Alone

World’s 2nd-Biggest Economy Is Bankrolling Far More Projects, and in More Countries; Gap Will Widen If Trump Administration Delivers on Policy Intentions; ‘Clean Energy Isn’t a Sector to Turn Away From’

Jan 6, 2017 (IEEFA.org) – China will likely expand its dominance of the booming global renewable- and clean-energy industries as new American energy policies come into play, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). “The change in leadership in the U.S. is likely to widen China’s global […]

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IEEFA Europe: Can Coal Power Hang On?

IEEFA Europe: Can Coal Power Hang On?

Investors May Not Be Eager to Absorb More Losses Like Those Seen in Recent Dutch Build-Outs

Investment in new coal-fired power plants appears off the agenda in Western Europe. Witness the astonishing write-down of brand-new assets in the Netherlands, where European utility giants RWE, Uniper, and Engie have drastically reduced their valuations of plants barely a year old (read the report we published this morning, “The Dutch Coal Mistake,” which concludes […]

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IEEFA Update: IEA, Still Behind the Curve, Nonetheless Indicates Rising Stranded-Asset Risk in Fossil-Fuel Holdings

IEEFA Update: IEA, Still Behind the Curve, Nonetheless Indicates Rising Stranded-Asset Risk in Fossil-Fuel Holdings

A Not-So-Distant Future in Which Thermal-Fired Electricity Generation Declines Precipitously

The International Energy Agency, out with its annual energy-markets forecast, “World Energy Outlook 2016,” remains behind the curve but not as far behind as it was. A history of IEA underestimation of technology change has been partially remedied in this new report, but the agency’s solar and wind forecasts can at best be described still […]

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IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

An Acceleration to Renewables, Faster-Than-Expected Shifts Regionally and Nationally, Growing Risk for Investors Who Lag Behind

Three notable takeaways emerge from the rapid transformation of the global energy economy, as we detail in a new paper we published today as the landmark Paris Agreement officially goes into effect. The global transition to renewables is accelerating. Change is happening faster than expected. Those left behind in this transition face growing financial risk. […]

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IEEFA Kentucky: Owensboro Coal-Fired Power Plant Is No Longer Viable


IEEFA Kentucky: Owensboro Coal-Fired Power Plant Is No Longer Viable


Increasingly Expensive to Operate and a Drain on Ratepayers 


We’ve published a memorandum today explaining why the aging coal-fired Elmer Smith power plant in Owensboro, Ky., must be retired soon and how Owensboro Municipal Utilities would do well to invest in renewable electricity generation instead. Our memorandum describes how the plant—whose two units date from 1964 and 1974—has become increasingly uneconomic to operate and […]

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Coal Won’t Solve the Energy Poverty Problem

Coal Won’t Solve the Energy Poverty Problem

Times Have Changed; Old Electricity-Generation Models Don’t Work Anymore

Coal-fired electricity is no longer the economy builder its proponents say it is. Time was when coal in fact did contribute to growth in many economies, but times have changed. Today governments and private interests worldwide concede—even emphasize—the economic and environmental dysfunction of coal. We’ve just published an IEEFA Briefing Note (“Energy Poverty, Then and […]

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India’s Electricity-Sector Transformation

India’s Electricity-Sector Transformation

New IEEFA report- India’s energy transformation gathers momentum

10 August, 2015: India’s ‘seven horses of energy’ electricity sector transformation is gathering pace, with far-reaching ramifications for renewable energy development and the structural decline of seaborne thermal coal, according to a new report released today by the Institute for Energy Economics and Financial Analysis (IEEFA) and Indian energy analysis firm, Equitorials. The report – […]

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More News and Commentary

Illinois Is the Latest State to Acknowledge Electricity-Sector Transition

Utility Dive: It’s no longer just a few states undertaking so-called “utility of the future” proceedings. Ohio, Minnesota, New Hampshire, Maryland and now Illinois have all launched some form of these dockets. The ICC, in a statement announcing the NextGrid proceeding, said “many experts believe that the electric utility industry will evolve more in the […]

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On the Blogs: U.S. Utility-Scale Solar Spreads North

Yale 360: Thanks to sharply falling prices for solar photovoltaic panels, rapid advances in harvesting the sun’s energy, and support from tax breaks, incentives, subsidies, and state renewable energy mandates, a clean energy technology once largely confined to the desert Southwest is now quickly extending its reach. Idaho and Maine recently opened their first multi-megawatt […]

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Wisconsin City Aims for 100% Renewables

Midwest Energy News: Madison, Wisconsin committed to getting 100 percent of its energy from clean, renewable sources in a resolution passed unanimously by the City Council on Tuesday. It became the 24th city to make such a promise, according to a tally by the Sierra Club, which has a “Ready for 100” nationwide campaign. Madison’s […]

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On the Blogs: Risk-Management Innovation in Financing Behind Kansas Wind Farm

Smart Energy Decisions: The innovative financial structure utilized in Microsoft’s recent purchase of wind energy from the 178-MW Bloom Wind project in Kansas was recently named North American Wind Deal of the Year by infrastructure and project finance magazine IJGlobal. The structure was developed in partnership with the project owner — Alberta-based power producer Capital […]

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Painful Transition in New Mexico

The Santa Fe New Mexican: For decades, three coal-fired power plants have formed an imposing presence on the landscape from Page, Ariz., to Farmington, N.M., providing electricity to hundreds of thousands of homes but releasing millions of tons of pollutants from their towering smokestacks. But one of the plants has been partially shut down, and […]

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Global Rate of New Coal-Plant Construction Drops

Associated Press: Led by cutbacks in China and India, construction of new coal-fired power plants is falling worldwide, improving chances climate goals can be met despite earlier pessimism, three environmental groups said Wednesday. A joint report by the groups CoalSwarm, the Sierra Club and Greenpeace follows a warning this week by two international agencies that […]

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Pipeline for Coal-Fired Plants Is in ‘Freefall’

The Guardian: The dramatic decline in new coal-fired units was overwhelmingly due to policy shifts in China and India and subsequent declining investment prospects, according to a report by Greenpeace, the US-based Sierra Club and research network CoalSwarm. The report said the amount of new capacity starting construction was down 62% in 2016 on the […]

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IEEFA Report: A Renewables Path to Japanese Energy Security in a Post-Nuclear Era
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IEEFA Report: A Renewables Path to Japanese Energy Security in a Post-Nuclear Era

Eliminating High-Risk Dependence on Imported Fuels; Exploiting Domestic Technology Advantages; Avoiding Stranded Assets in Misguided Coal Projects

We’ve just published a report that details how Japan’s post-nuclear electricity-generation economy can be viably retooled around renewable energy. Our report—“Japan: Greater Energy Security Through Renewables: Electricity Transformation in a Post-Nuclear Economy”—emphasizes the potential for national energy security through renewables, most especially wind and solar. This report documents how government policies adopted in the wake […]

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In ‘Deepening Industry Decline,’ 2 Coal-Fired Electricity Plants in Ohio Will Close Next Year

Reuters: Electricity company Dayton Power & Light said on Monday it would shut down two coal-fired power plants in southern Ohio next year for economic reasons, a setback for the ailing coal industry. Dayton Power & Light, a subsidiary of The AES Corporation, said in an emailed statement that it planned to close the J.M. […]

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Municipal Utility Says Changing Energy Economics Will Shut 116-Year-Old Kentucky Coal Plant

Kentucky Public Radio: A coal-fired power plant in Western Kentucky will stop burning coal entirely in the next five years. The Owensboro Municipal Utility’s board made the decision last week to retire the second unit of the Elmer Smith power plant in Owensboro, marking the end of the utility’s 116 years of burning coal in […]

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