Most Popular Stories

    IEEFA op-ed: Plan to turn to imported natural gas will cost Puerto Rico dearly IEEFA op-ed: Plan to turn to imported natural gas will cost Puerto Rico dearlyA series of announcements over the past couple of weeks by Puerto Rican officials signals a new—and misguided—push for greater reliance on imported natural gas for electricity production. If these plans come to fruition, they will saddle Puerto Rico with far too much expensive natural gas-generated power while crowding out cheaper renewable energy. The plan, which is ...
    IEEFA op-ed: A superpower taking its energy policy global IEEFA op-ed: A superpower taking its energy policy globalThe story of China’s overseas renewables investment, reaching well beyond its formal Belt and Road Initiative, remains largely untold. As private and stated-owned Chinese companies move aggressively to capitalize on fast-growing renewable energy markets, China’s investment in foreign wind-powered electricity markets has recently surpassed $12 billion in Europe and Australia alone, as shown in a research ...
    IEEFA report: Vast potential in India for solar-powered irrigation IEEFA report: Vast potential in India for solar-powered irrigationAug. 16, 2018 (IEEFA) — A research brief published today by the Institute for Energy Economics and Financial Analysis (IEEFA) describes how a switch from conventional irrigation-pump systems to solar-powered ones in India would save enormous sums of money and generate income for farmers nationwide. The brief—“India: Vast Potential in Solar-Powered Irrigation”—notes that while the idea ...
    IEEFA update: Vogtle nuclear reactor, a runaway project nobody needs IEEFA update: Vogtle nuclear reactor, a runaway project nobody needsIn announcing earlier this month that Southern Company was raising its subsidiary Georgia Power’s share of the already-too-expensive and long-delayed Vogtle nuclear project by $1.1 billion, CEO Tom Fanning increased the utility’s 45.7 percent stake in the plant to $8.4 billion. It seems a highly misguided move. While Fanning continued to defend the roughly 2,234 MW project ...
    Gas turbine sales falter in the face of renewable energy gains Gas turbine sales falter in the face of renewable energy gainsFinancial Times: Natural gas is still often described as “the fuel of the future”. If you are selling turbines for gas-fired power generation, it cannot feel that way. Sales of gas turbines have fallen sharply, under pressure from low-cost renewable energy, and are expected to remain weak for at least another couple of years. While the market ...
    European data show wind, solar help balance the other’s production European data show wind, solar help balance the other’s productionPV Magazine: “What happens when the sun doesn’t shine and the wind doesn’t blow?” It is a well-worn objection to renewable energy as too intermittent and unreliable to provide a safe and constant power supply. It is an argument, however, that has not been heard too often in recent years, as the ranks of renewables opponents have ...
    IEEFA update: China moves heavily into foreign wind markets IEEFA update: China moves heavily into foreign wind marketsAug. 16, 2018 (IEEFA) — China’s investment in foreign wind-powered electricity markets has surpassed US$12 billion in Europe and Australia alone as private and stated-owned Chinese companies move aggressively to capitalize on fast-growing renewable energy markets, concludes a research brief published today by the Institute for Energy Economics and Financial Analysis (IEEFA). Most of the wind-investment ...
    WVU study sees continued decline in West Virginia coal production WVU study sees continued decline in West Virginia coal productionWV Public Broadcasting: A new economic forecast shows the recent uptick in coal production is expected to level out during the next two years and decline precipitously during the next two decades. The annual coal production report, released today by West Virginia University’s Bureau of Business and Economic Research, shows the recent uptick in coal production will ...
    Xcel, steelmaker sign novel solar-tied power supply deal Xcel, steelmaker sign novel solar-tied power supply dealThe Pueblo Chieftain: Xcel Energy and EVRAZ Pueblo have agreed on a long-term electricity contract that guarantees the steelmaker price certainty for the next 22 years, the two companies announced Thursday. The agreement also clears the path for a potential major upgrade and expansion of the 1,000-worker mill. According to publicly available documents released in recent months ...
    German development bank to underwrite Indian wind, solar projects German development bank to underwrite Indian wind, solar projectsRenewables Now: German state-owned development bank KfW will lend EUR 200 million (USD 228m) to India so as to help the country provide low-interest loans for around 200 MW of new renewable energy capacity. The bank has signed a credit line agreement with India’s Rural Electrification Corporate Ltd (REC), which plans to back solar and wind power ...