Author Archive: David Schlissel

Director of Resource Planning Analysis David Schlissel is a long-time consultant, expert witness, and attorney on engineering and economic issues related to energy. He has testified in more than 100 court proceedings or cases before regulatory bodies.

IEEFA Webinar: Project Tundra carbon capture plan carries large risks for Minnkota co-ops

Lead author David Schlissel will present his research findings in an online briefing

On Wednesday, October 7th at 5:00 p.m. Central (6:00 p.m. EDT), IEEFA’s Director of Resource Planning Analysis, David Schlissel will present the report: Project Tundra: Carbon Capture Project A Step in the Wrong Direction Carbon Capture and Storage (CCS) is often promoted as a technology that brings benefits to business, local communities and the environment. […]

IEEFA U.S.: Ratepayers face risks with Project Tundra’s retrofit of aging N.D. coal-fired plant

Unproven technology funded by federal tax credits unlikely to pay off

September 22, 2020 (IEEFA) — A plan to retrofit an aging coal-fired plant in North Dakota with unproven carbon capture and storage technology is likely to raise rates for customers who get electricity from the Milton R. Young Unit 2 facility, according to a new report from the Institute for Energy Economics and Financial Analysis […]

IEEFA U.S.: Long-term contracts with American Municipal Power (AMP) saddle local communities with high prices

Dozens of communities in five states pay far above market price for electricity from Prairie State coal plant and Ohio River hydro projects

September 21, 2020 (IEEFA) — Long-term contracts with American Municipal Power (AMP) have stuck 83 communities in 41 counties across five states with extraordinarily high electricity prices for half a century, according to a briefing note released today by the Institute for Energy Economics and Financial Analysis. The largest AMP member, Cleveland Public Power (CPP), […]

IEEFA U.S.: Long-term contracts with AMP are ‘financial disaster’ for Cleveland Public Power customers

Utility’s reliance on two projects cost ratepayers an extra $106 million

September 11, 2020 (IEEFA) — Long-term contracts with American Municipal Power (AMP) have been “a financial disaster” for Cleveland Public Power (CPP) customers, according to a briefing note released today by the Institute for Energy Economics and Financial Analysis (IEEFA). About 70% of CPP’s expenditures for its total power supply are paid to AMP, an […]

IEEFA op-ed: Glenrock’s CO2 capture facility hopes are based on wishful thinking

Glenrock Energy wants to invest in a carbon dioxide (CO2) capture facility at PacifiCorp’s Dave Johnston Unit 4 coal plant in Converse County. The facility would inject CO2 captured from the coal plant into the ground to force more crude oil out, a process known as enhanced oil recovery (EOR). However, Glenrock’s proposal is based […]

IEEFA U.S.: Mothballing of Petra Nova carbon capture project shows likely fate of other coal-fired CCS initiatives

Red flags for investors - risks for Enchant Energy’s initiative in New Mexico and Project Tundra in North Dakota

August 3, 2020 (IEEFA) — A research brief published today by the Institute for Energy Economics and Financial Analysis (IEEFA) concludes that the abrupt recent shutdown of the Petra Nova coal-fired carbon capture plant in Texas should be seen as a strong signal for investors to avoid such projects. The report—Petra Nova Mothballing Post-Mortem: Closure […]

IEEFA U.S: NTEC acquisition of aging Four Corners coal plant would constitute ‘another expensive mistake’

Report: Throwing good money after bad in New Mexico

July 15, 2020 (IEEFA) — The Navajo Transitional Energy Company (NTEC) would lose at least $350 million over the next 10 years if it proceeds with a proposal to expand its stake in the ailing Four Corners power plant, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). NTEC, according […]

IEEFA webinar: Financial risks of carbon capture for coal-fired power plants, June 17th at 1 p.m. ET

Much ado has been made over the potential of Carbon Capture and Storage (CCS) technology to reduce carbon emissions by permanently storing or recycling the captured CO2 for use in Enhanced Oil Recovery.  Several proposed projects, most notably the Kemper plant in Mississippi, were canceled because they were uneconomic. To date, only two CCS projects […]

IEEFA U.S.: Another nail in the San Juan zombie carbon-capture coffin

Regional utility-scale solar approvals show how markets continue to move beyond coal

In a loud signal on where markets are moving, the New Mexico Public Regulation Commission last week approved two record low power purchase agreements (PPA) to buy power from projects proposed to serve southern New Mexico and west Texas customers.  One project will add 100 megawatts of solar for $15 per megawatt-hour. The other will […]

IEEFA report: Indiana electric utility customers could pay $128 million more through 2026

HB1414 means two aging coal plants likely to stay open, a setback for consumers and businesses

April 8, 2020 (IEEFA U.S.) – Hoosiers could be on the hook for an additional $128 million as a result of House Bill 1414 which was passed by the Indiana General Assembly in March, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA), an Ohio-based energy think tank. […]