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IEEFA report: India has a new leader in renewable energy

Karnataka surpasses Tamil Nadu; Policies encouraging less reliance on imported fuel drive uptake of solar and wind; ‘Clear and rising risk’ in traditional thermal sector

July 24, 2018 (IEEFA) — The Indian state of Karnataka has become the new national leader in renewable energy generation, concludes a report published today by the Institute for Energy Economics and Financial Analysis. Karnataka, which lies along the southwest coast of India and has a population of more than 60 million, had a total of 12.3 […]

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IEEFA update: An influential congressman impedes Puerto Rico’s recovery

Rep. Rob Bishop is interfering at the behest of oil and gas interests

Rep. Rob Bishop (R-Utah), chairman of the House Natural Resources Committee, has abandoned the sound fiscal stewardship that once made him a leader on fiscal solvency and responsible economic recovery for Puerto Rico. Instead, Bishop has succumbed to the special-interest quagmire in Washington and is now actively promoting unsustainable policies for the battered U.S. commonwealth. […]

IEEFA update: U.K. pension funds lag in renewable energy infrastructure investing

Abundant offerings across a number of markets

LONDON — Local U.K. government pension schemes are gradually increasing their unlisted infrastructure holdings, driven by examples set by trail-blazing funds and by a new government initiative to increase the scale of such investments. But few are investing explicitly in renewable energy, the biggest single segment of infrastructure investment in the world (infrastructure investing involves real […]

July 19, 2018 Read More →

IEEFA report: Effects of long-running oil-purchase scandal undermine privatization and contract-reform initiatives at PREPA

A scheme that contributed to utility’s ruin and a pattern of whistleblower suppression; Potential new grounds for bondholder claims in bankruptcy proceeding; ‘History is repeating itself in Puerto Rico’

July 18, 2018, SAN JUAN (IEEFA) — A long-running practice in which Puerto Rico’s public utility bought low-quality oil at high-quality prices has been mostly ignored in Gov. Ricardo Rosselló’s privatization of the Puerto Rico Electric Power Authority (PREPA). A report published today by the Institute for Energy Economics and Financial Analysis (IEEFA) — “Multibillion-Dollar Oil […]

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