Author Archive: Karl Cates

Former IEEFA Transition Policy Analyst Karl Cates has been an editor for Bloomberg LP, an editor for the New York Times, and a consultant to the Treasury Department-sanctioned community development financial institution (CDFI) industry.

IEEFA U.S.: As oil and gas wane, Texas wind industry ascends

Case study Nolan County: Strengthening jobs, economic development, tax base

August 10, 2020 (IEEFA) — The wind industry in West Texas continues to create jobs, increase local tax revenues and drive economic development in an area known historically for its boom-and-bust oil cycles, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA).  The report—As Oil and Gas Wane, Texas […]

IEEFA U.S.: Solar will push much of remaining Texas coal fleet offline

Growth in utility-scale PV is rapidly changing ERCOT market

July 14, 2020 (IEEFA) — New utility-scale solar is poised to push much of the remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report — Solar Surge Set to Drive Much of Remaining Texas Coal-Fired […]

IEEFA report: Utility-scale solar remains off-limits on most of more than 100 million federally-owned acres across solar-rich Southwest U.S.

Outdated policies and byzantine processes at Bureau of Land Management hinder energy transition

June 16, 2020 (IEEFA U.S.) ‒ The largest property owner in the U.S.—the Bureau of Land Management (BLM)—has acreage set aside for utility-scale solar development on only 0.03% of the roughly 100 million acres it manages across the sun-rich Southwest, finds a report published today by the Institute for Energy Economics and Financial Analysis. The […]

IEEFA U.S.: Facebook’s green energy goals are speeding the transition of New Mexico’s electricity sector

Data Center power demand is driving a renewables push by PNM to top 40% in two years

May 14, 2020 (IEEFA) — Construction of a major data center in Los Lunas, N.M., has lifted the local economy and accelerated the state’s transition toward renewable-powered electricity, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report—Corporate Renewables Case Study: Facebook’s Green Energy Goals Are Speeding the […]

Commentary: Time for utility companies to reinvest in Arizona’s coalfield communities

The shift away from coal should enhance rather than weaken basic services

Arizona is losing its coal industry faster than anyone ever expected, and the state’s power generation sector can and should be reinvesting heavily now in the towns, counties and communities hit hard by this sudden turn. A report we published in February shows what’s happening in the industry across greater Arizona, where electricity generation is […]

IEEFA U.S.: Throwing good money after bad, Washington gives $116 million handout to coal carbon-capture backers

Giveaways to economically unviable schemes in Illinois, Mississippi, New Mexico, North Dakota, and Wyoming

Word that the U.S. Department of Energy is doling out more than $100 million to support five experimental carbon capture projects sends a clear signal on how out of step the agency is and how the coal industry remains a robust lobbying force despite its fading role in the U.S. electric sector. The DOE, as […]

IEEFA update: Here’s how to help Navajo and Hopi communities hit hard by the COVID-19 crisis

Thousands are at risk; IEEFA initiative will support immediate bulk distribution of hand sanitizer and medical isolation tents

As the COVID-19 pandemic wrecks lives and economies around the world, few places are being hit harder than the Navajo and Hopi communities of northeastern Arizona.  Thousands of households in the area have no running water, making them especially vulnerable to the spread of the new coronavirus. One immediate solution is to get hard-to-acquire hand […]

IEEFA update: Doubling down on utility-scale renewables

Solar and wind continue to attract investors as fossil fuel assets fall

Amid the global economic crisis, utility-scale wind and solar continue to be seen not just as a long-term investment but one for the near term as well.  Writing from Australia this week, my colleague Bruce Robertson notes that two big energy companies—Origin and Santos—are pulling back on oil and gas capital spending but forging ahead on […]

April 8, 2020 Read More →

IEEFA U.S.: Regulators see trouble with Enchant Energy’s carbon-capture project

Other concerned San Juan Generating Station owners remain skeptical

The big coal-sector news nationally this morning was that state utility regulators have given the green light for Public Service Company of New Mexico to abandon the 847-megawatt (MW) San Juan Generating Station (SJGS), one of the last coal-fired behemoths in the West. Discussion was perfunctory ahead of the 5-0 vote, as was the abandonment […]

April 2, 2020 Read More →

IEEFA Coal Outlook 2020: Market trends are pushing U.S. industry to a reckoning

Competition, financing, consolidation, muni/co-op trajectories, export markets

March 30, 2020 (IEEFA U.S.) — A report published today by the Institute for Energy Economics and Financial Analysis (IEEFA) sees the U.S. coal industry continuing to decline through 2020 and beyond. The report, U.S. Coal Outlook 2020: Market Trends Are Pushing Industry Ever Closer to a Reckoning, details issues that will likely persist in driving […]