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    IEEFA Update: Will Southern Company Refund Mississippi Ratepayers for Failed $7.5 Billion Kemper ‘Clean Coal’ Experiment?Call it what you will: fiasco, debacle, calamity, misadventure. But not a surprise. Georgia-based Southern Company and its regulators in Mississippi were warned years ago that the experimental and now infamous “clean coal” Kemper power plant project was a shot in the dark. They kept at it anyway, pushing the price tag to $7.5 billion, well ...
    IEEFA Asia: India’s Electricity-Sector Transformation Is Happening Now IEEFA Asia: India’s Electricity-Sector Transformation Is Happening NowThe Indian energy market transformation is accelerating under Energy Minister Piyush Goyal’s leadership. The most recent and most persuasive evidence is the collapsing cost of solar electricity—a collapse that has gone beyond anyone’s expectations, and the results are in: solar has won. The global energy market implications are profound. Recent events have given manifest life to Mark Carney’s ...
    IEEFA Puerto Rico: The Aguirre Offshore Gas Port Is UnbankableAt the heart of the Puerto Rico Electric Power Authority’s flawed plan to upgrade the island’s crumbling electricity system lies a proposed $380 million facility to bring imported liquefied natural gas into the commonwealth. PREPA, as the authority is known, has been promoting the project for years, even though it would mean a perpetuation of Puerto ...
    IEEFA Report: ‘Payment for a Job Well Done,’ a Transition Plan in Anticipation of Shutdowns of Navajo Generating Station and Kayenta Mine IEEFA Report: ‘Payment for a Job Well Done,’ a Transition Plan in Anticipation of Shutdowns of Navajo Generating Station and Kayenta MineJune 6, 2017 (IEEFA.org) – The Institute for Energy Economics and Financial Analysis (IEEFA) today published a report outlining an economic- growth strategy for a region that stands to be set back severely by the closure of the Navajo Generating Station and the Kayenta coal mine. The proposal—“A Transition Plan for Communities Affected by the Closings ...
    IEEFA Op-Ed: Blind Faith in Fossil-Fuel Industries Will Strand Economies, Communities, Workers IEEFA Op-Ed: Blind Faith in Fossil-Fuel Industries Will Strand Economies, Communities, WorkersWhat's missing from Donald Trump's economically ludicrous promise to revive failed Rust Belt industries in the U.S. is an honest discussion of the economic and technological transition that is rapidly unfolding. New industries are growing that have already created many millions of jobs around the world and that will provide clean energy to power the 21st ...
    ‘India’s thermal plants may become economically unviable’ ‘India’s thermal plants may become economically unviable’Indo-Asia News Service: India's ultra thermal plants, designed to run on foreign coal, may no longer afford to do so economically in the future, says a top financial analyst with a leading US-based institute. This can be seen in the case of India's two largest thermal power projects in Gujarat's port town of Mundra -- Adani ...
    Coal’s Recent Rise Isn’t Likely to Last Coal’s Recent Rise Isn’t Likely to LastAssociated Press: The world's biggest coal users - China, the United States and India - have boosted coal mining in 2017, in an abrupt departure from last year's record global decline for the heavily polluting fuel and a setback to efforts to rein in climate change emissions. Mining data reviewed by The Associated Press show that production ...
    ‘FirstEnergy: Avoid’ ‘FirstEnergy: Avoid’SeekingAlpha.com: Akron, Ohio-based FirstEnergy Corp. (NYSE:FE) disproves the popular contention that utilities are safe investments. Many investors see the utility sector as reliable due to the fact that utility companies possess territorial monopolies and have regulatory barriers protecting them from competitors. And at first glance, FirstEnergy would seem to be a utility that would be an attractive ...
    IEEFA Update: The U.S. Energy Narrative Is Shifting IEEFA Update: The U.S. Energy Narrative Is ShiftingWhat feels sometimes like a reluctant transformation is taking hold in the emergence of a “when” rather than “if” media narrative on the rise of renewable energy. This awakening is especially noticeable in the financial press, which can often seem captive in a historically entrenched way to the very financiers or industries it covers. Myopia can and ...
    More Questions on FirstEnergy Scheme in West Virginia More Questions on FirstEnergy Scheme in West VirginiaState Journal (West Virginia): According to multiple sources, including West Virginians For Energy Freedom Coalition and the Institute for Energy Economic and Financial Analysis, Ohio-based FirstEnergy, owner of Potomac Edison and Mon Power, has applied to purchase a plant based upon a model purchase in 2013 that has cost consumers over $160 million. FirstEnergy has filed its ...