Author Archive: Sandy Buchanan

Executive Director Sandy Buchanan has worked on a variety of energy issues involving coal, nuclear, utilities, renewables, and energy efficiency since the 1980s. She served as executive director of Ohio Citizen Action for 20 years before joining IEEFA in 2013.

IEEFA: New York State pension fund sets net-zero carbon emissions target

Fund valued at $226 billion, move signals investor shift away from fossil fuels

December 9, 2020 (IEEFA U.S.)  – In response to New York State’s announcement on Wednesday that its pension fund, one of the world’s largest, has set a net zero carbon emissions target for its investment portfolio by 2040, the Institute for Energy Economics and Financial Analysis (IEEFA) released the following statement. “IEEFA applauds New York […]

IEEFA U.S.: Follow the money, and repeal FirstEnergy’s Ohio bailout

FBI lays bare audacious $61 million web of racketeering - Gov. DeWine should call special legislative session

FirstEnergy’s successful campaign last year to secure a $1 billion bailout of its Ohio nuclear plants is at the center of a pay-to-play scandal that is rocking Ohio. Yesterday, the Justice Department filed criminal charges against Larry Householder, speaker of the Ohio House of Representatives, and four close associates in a case U.S. Attorney David […]

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: FirstEnergy stops at nothing in its quest for an Ohio ratepayer-financed bailout

 Worried supporters of HB6 are undermining the state’s public referendum process in their desperation to keep the national energy transition at bay

Just how far will one utility go to force its customers, workers, suppliers and host communities to pay for its own bad business decisions? FirstEnergy, the electric utility that services the northern third of the Buckeye State, is using a host of increasingly desperate tactics to preserve a $900 million bailout from Ohioans for its […]

October 18, 2019 Read More →

IEEFA concludes first summer fellowship, applauds Environmental Fellow Cara Clase

University of Michigan-sponsored program fosters professional development and greater diversity and inclusion in environmental fields

The Institute for Energy Economics and Financial Analysis participated for the first time this summer in the University of Michigan School for Environment and Sustainability’s (SEAS) Environmental Fellows Program. We are grateful to have had the opportunity to work with SEAS fellow Cara Clase at our Cleveland headquarters. The Environmental Fellows Program is a partnership […]

August 23, 2019 Read More →

IEEFA Ohio: FirstEnergy’s Failures Require a Fierce Response From Civic Leaders and Elected Officials

A Major American Electricity Utility Has No One But Itself to Blame

FirstEnergy’s announcement this week that it will close its two nuclear plants in Ohio, as well as one in Pennsylvania, came as no surprise. The utility has been signaling for many months that it intends to get out of the power-generation business, and it has already closed all but one of its coal-fired power plants […]

March 30, 2018 Read More →

IEEFA Update: Where Puerto Rico Goes From Here

Modernize With Microgrids and Renewables or Rebuild the Status Quo? (Webinar: Tuesday, Oct. 24, 11 a.m. ET)

The future of Puerto Rico’s electricity system is on the line now as planners, policymakers, special interests, and politicians negotiate how the U.S. commonwealth will rebuild its shattered electricity grid. Long-running research by our organization  has documented how the Puerto Rico Electric Authority (PREPA) has been historically and chronically mismanaged and how it has been […]

October 18, 2017 Read More →

IEEFA Update: Here’s How You Can Help Get Solar Power to Puerto Rican Households Now

A Call for Immediate Donations to the Puerto Rico Emergency Solar Energy Fund

IEEFA has never made a fundraising pitch on its website before, but times change, sometimes for the worse.   One million households in Puerto Rico do not have electricity today. In the wake of monumental damage from Hurricane Maria, power to most inhabitants of the islands is not likely to be restored for many weeks […]

October 2, 2017 Read More →

IEEFA Update: FirstEnergy, Out of Step With the Times, Sells Gas and Hydro Assets to Shore Up Fading Coal-Fired Plants

As American Electricity Markets Modernize, an Ohio Utility Company Stays the Same

If there’s a standout feature in today’s fast-changing electricity-generation landscape, it’s that coal-fired and nuclear power plants cannot compete with those that run on natural gas or renewable energy. This will remain the case for the foreseeable future, as gas prices are projected to stay low and renewable energy prices continue to drop. Part of […]

September 21, 2017 Read More →

IEEFA Update: Failed ‘Clean Coal’ Experiments Have Wasted Billions of Dollars

Mississippi Regulators Say Enough is Enough; Kemper Plant is One of Long Line to Chase the Clean Coal Myth

Long overdue news broke last week that that the Southern Company will no longer burn coal at the Kemper County “clean coal” plant.  Mississippi regulators had told the company they would no longer allow a blank electricity ratepayer check for construction of the plant. In chasing the myth that any new coal-fired power could become […]