IEEFA Research

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

Coal, gas set to become biggest losers as renewable generation climbs quickly

March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]

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

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

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 […]

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Zero-emission power from natural gas delivered to Texas grid

Gasworld: NET Power has delivered electricity on to the ERCOT grid from its 50 MWth test facility in La Porte, Texas. The clean energy company, whose technology generates zero-emission electricity from natural gas, claims it is the first time anywhere in the world this has been achieved, representing a major milestone for the energy industry. […]

November 17, 2021 Read More →

Texas brings pair of 100-megawatt battery storage systems online

Energy Storage News: Two 100MW battery energy storage system (BESS) projects in Texas have been brought online by independent power producer (IPP) Broad Reach Power, for participation in the Electricity Reliability Council of Texas (ERCOT) market.  Both transmission-level systems are 100MW / 100MWh each, representing over US$100 million of investment. Located on greenfield sites in […]

November 4, 2021 Read More →

U.S. utility-scale solar penetration rose to 2.2 percent in 2020

S&P Capital IQ ($): The utility-scale solar power penetration in the U.S. increased to 2.2% in 2020 from 1.7% in 2019 as more companies continue to adjust their fuel mix in favor of renewable resources. Total solar generation for the nation was up 23.7% to 88.9 million MWh, from 71.9 million MWh in 2019, according […]

November 2, 2021 Read More →

Texas added 4 times more renewables than any state in third quarter

Houston Chronicle: Texas again led the nation in clean-energy projects installed and those under construction, according to a quarterly report from the American Clean Power Association released this week. In the third quarter of 2021, Texas added more clean power than any other state — 1,679 megawatts, compared with California’s 389 megawatts and Wyoming’s 301 […]

October 28, 2021 Read More →

Vistra plans to shutter 1.3GW coal-fired Ohio plant five years early

S&P Global Platts ($): Vistra on July 19 said it would close its 1.3-GW Zimmer coal-fired power plant in Ohio on May 31, 2022, five years earlier than previously announced, after the plant failed to clear the PJM capacity market. “The Zimmer coal-fueled power plant has recently struggled economically due to its configuration, costs, and […]

July 20, 2021 Read More →

Abbott orders Texas PUC to double down on natural gas, coal

Houston Chronicle: Gov. Greg Abbott on Tuesday ordered the Public Utility Commission of Texas to make substantial changes in an effort to prevent power outages in the future. Among the orders, Abbott asked the agency to: create more incentives within the Electric Reliability Council of Texas to develop and maintain sources of power such as […]

July 7, 2021 Read More →

Texas, top U.S. electricity producer, has $20B in renewables pipeline

Bloomberg ($): Four months after the failure of the Texas electric grid sparked a backlash against clean power, investors and developers have decided just what the state needs: more renewable energy. Much more. Texas is on pace to have as much green-power development in coming years as the next three states combined, according to the […]

June 9, 2021 Read More →

Texas renewable growth at risk because of transmission constraints

Houston Chronicle: In 2005, the Texas Legislature approved the development of a network of electric transmission lines to send wind and solar power from West Texas to population centers in other parts of the state. The landmark project transformed the renewable energy industry and the slice of West Texas that Rep. Drew Darby calls home. […]

June 8, 2021 Read More →

BP announces deal to purchase 9GW of U.S. solar development projects

Renew Economy: British oil and gas supermajor BP says it has struck a deal to purchase 9GW of solar development projects in the United States from independent US solar developer 7X Energy – described as the biggest green energy deal to date. BP will pay $US220 million for the pipeline of projects, which will grow […]

June 2, 2021 Read More →

Home of modern oil industry sees renewable jobs booming

Houston Chronicle ($): Over five years as an oil and gas contract worker, Kamal Ramoutar was laid off at least 10 times, always returning to his job as a safety technician when he was hired onto a new project. Not this time. Ramoutar, who was laid off again after oil prices crashed in the spring […]

May 20, 2021 Read More →