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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 update: In Exxon lawsuit, another indication of growing oil-industry peril

Risks outweigh potential rewards; Fossil fuel stocks grow increasingly speculative

The lawsuit filed yesterday by New York’s attorney general against Exxon Mobil is a stark indication of just how risky investing in oil and gas companies has become. The lawsuit asserts that the company defrauded shareholders by downplaying the business risk of climate change, and litigation poses obvious financial risk. It may even expose ExxonMobil—and […]

and October 25, 2018 Read More →

IEEFA Europe: RWE’s costly faith in lignite

Push to expand the Hambach mine raises a question: How long will a major European utility continue to buck trends?

LONDON—RWE, one of Europe’s biggest utilities, is keeping faith with its massive coal mining operations in northwest Germany, rooted in a logic based on economies of scale in power generation that defies the ongoing shift toward a more modern, distributed, low-carbon grid. RWE’s mining operations in Germany’s Nordrhein-Westfalen (North-Rhine Westphalia) are enormous in scale. At […]

October 24, 2018 Read More →

IEEFA India: Proposed Khurja coal power plant overpriced, uncompetitive and another threat to Delhi’s air quality

A high-risk proposition no longer aligned with the Government of India’s electricity sector plan

Oct. 23, 2018, NEW DELHI (IEEFA) –  A report published today by the Institute for Energy Economics and Financial Analysis (IEEFA) evaluating Tehri Hydro Development Corporation (THDC)’s proposed Khurja coal power plant in India finds the plant would push up the cost of electricity and increase air pollution at a time when the country’s renewable […]

October 23, 2018 Read More →
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