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Press Release, Suzanne Mattei and Tom Sanzillo
Commission’s 21-year-old pipeline policy puts contracts ahead of utility customers
December 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]
IEEFA
Utility Dive: Duke Energy on Friday announced plans to bring its gas operations to net-zero methane emissions by 2030, increase its renewable energy output and retire some of its coal plants earlier than planned. The utility plans to double its renewable energy portfolio capacity to 16GW by 2025, at least triple the amount for its […]
Press Release, David Schlissel and Dennis Wamsted
Retrofitting aging Milton R. Young coal plant Unit 2 with CCS makes little economic sense
October 9, 2020 (IEEFA U.S.) ‒ In case you missed it (ICYMI), Director of Resource Planning Analysis, David Schlissel and analyst/editor Dennis Wamsted presented webinars October 6 and 7 on IEEFA’s report Project Tundra: A Step In the Wrong Direction. Carbon Capture and Storage (CCS) is often promoted as a technology that brings benefits to […]
Seth Feaster and Dennis Wamsted
Renewable generation has already topped coal on nine days this fall, compared with just five days across the last half of 2019
The market window for coal-fired electricity in the U.S. is closing faster than ever in a shift that is especially clear as autumn sets in. From July through Oct. 5, renewables (utility-scale solar, wind and hydropower) generated more electricity than coal in the U.S. on nine days—easily topping the total of five days recorded over […]
Press Release, Dennis Wamsted and Bryndis Woods
Eleven PJM projects under development may fail to prove financially viable
October 5, 2020 (IEEFA) — The landscape for developers of natural gas-fired power plants in the nation’s largest regional power system has shifted dramatically over the last decade, according to a joint study by the Applied Economics Clinic and the Institute for Energy Economics and Financial Analysis. The Pennsylvania-New Jersey-Maryland (PJM) system coordinates the flow […]
Press Release and David Schlissel
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
S&P Global Market Intelligence ($): Long-term credit risks to natural gas infrastructure investments are rising, as the public’s growing focus on decarbonization threatens to reduce gas use through 2050, according to Moody’s. Pipeline permitting obstacles, local electrification efforts and state climate goals are all raising operating risks and the cost of capital requirements, Moody’s said […]
IEEFA
S&P Global Market Intelligence ($): There are 38,846 MW of U.S. solar power projects planned for completion by the end of 2024 that include distinct, disclosed utility interconnects. Utility interconnect information is released in announcements and updates by developers, ultimate owners, or the associated utilities and added to the S&P Global Market Intelligence power plant […]
IEEFA
Reuters: U.S. energy company Duke Energy Corp said Monday it took a $1.6-billion after-tax charge in the second quarter for the cancellation of the Atlantic Coast natural gas pipeline from West Virginia to North Carolina. Atlantic Coast was the most expensive U.S. gas pipeline under construction when Duke and partner Dominion Energy Inc exited the […]
Press Release, Karl Cates, Guest Commentary: Brent Israelsen and Seth Feaster
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.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs
Commission’s 21-year-old pipeline policy puts contracts ahead of utility customersDecember 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]